The Asia Pacific Smart Motors Market would witness market growth of 7.1% CAGR during the forecast period (2023-2030).
Medical equipment and devices often incorporate smart motors for precision control and reliability in applications such as surgical robotics, diagnostic imaging systems, infusion pumps, and patient monitoring devices. It enables precise movement and positioning, contributing to the accuracy, safety, and effectiveness of medical procedures and treatments. In addition, smart motors are used in agricultural machinery and equipment for irrigation, crop harvesting, and precision farming. In automated irrigation systems, smart motors control water pumps and valves to deliver precise amounts of water to crops based on soil moisture levels, weather forecasts, and crop requirements, optimizing water usage and crop yields.
With growing concerns over energy consumption, carbon emissions, and sustainability, organizations are under increasing pressure to improve energy efficiency. It offers advanced control algorithms, variable speed drives, and energy management features, enabling organizations to optimize power usage, reduce energy waste, and comply with regulatory standards and environmental mandates. It helps organizations minimize operational costs and improve efficiency by reducing energy consumption, optimizing equipment performance, and streamlining maintenance processes. Predictive maintenance techniques and real-time monitoring capabilities enable organizations to maximize uptime and minimize downtime for key machinery and equipment by proactively identifying and addressing possible faults.
The growing electronics industry in India creates opportunities for the market, driven by the demand for automation, precision motion control, and energy-efficient solutions in electronics manufacturing, consumer electronics, and IoT applications. As per the National Investment Promotion & facilitation Agency, India’s electronics industry is estimated to be worth $155 billion, of which 65 percent is produced domestically. India’s domestic production expanded from $49 billion in (fiscal year) FY17 to $101 billion in FY23, a 13% annual growth rate. By FY26, the nation’s electronics exports will total $120 billion. Exports of electronic items were valued at $17.74 billion in April–November 2023, up 23.56% from $14.36 billion in the same period in 2022. Therefore, the increasing use of renewable energy and expansion of the regional electronics industry are propelling the market’s growth.
The China market dominated the Asia Pacific Smart Motors Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $326 Million by 2030. The Japan market is exhibiting a CAGR of 6.5% during (2023 - 2030). Additionally, The India market would experience a CAGR of 7.8% during (2023 - 2030).
Free Valuable Insights: The Global Smart Motors Market is Predict to reach $ 3.3 billion by 2030, at a CAGR of 6.7%
Based on End-use, the market is segmented into Industrial, Automotive, Consumer Electronics, Aerospace & Defense, and Others. Based on Product, the market is segmented into 24V, 48V & above, 18V, and 36V. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
- Rockwell Automation, Inc.
- Moog, Inc.
- Fuji Electric Co. Ltd.
- ABB Ltd.
- Siemens AG
- Schneider Electric SE
- General Electric Company
- Dunkermotoren GmbH (Ametek, Inc.)
- RobotShop Inc.
- Roboteq, Inc. (Nidec Motor Corporation)
Asia Pacific Smart Motors Market Report Segmentation
By End-use
- Industrial
- Automotive
- Consumer Electronics
- Aerospace & Defense
- Others
By Product
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Smart Motors Market, by End-use
1.4.2 Asia Pacific Smart Motors Market, by Product
1.4.3 Asia Pacific Smart Motors Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. Asia Pacific Smart Motors Market, by End-use
4.1 Asia Pacific Industrial Market, by Country
4.2 Asia Pacific Automotive Market, by Country
4.3 Asia Pacific Consumer Electronics Market, by Country
4.4 Asia Pacific Aerospace & Defense Market, by Country
4.5 Asia Pacific Others Market, by Country
Chapter 5. Asia Pacific Smart Motors Market, by Product
5.1 Asia Pacific 24V Market, by Country
5.2 Asia Pacific 48V & above Market, by Country
5.3 Asia Pacific 18V Market, by Country
5.4 Asia Pacific 36V Market, by Country
Chapter 6. Asia Pacific Smart Motors Market, by Country
6.1 China Smart Motors Market
6.1.1 China Smart Motors Market, by End-use
6.1.2 China Smart Motors Market, by Product
6.2 Japan Smart Motors Market
6.2.1 Japan Smart Motors Market, by End-use
6.2.2 Japan Smart Motors Market, by Product
6.3 India Smart Motors Market
6.3.1 India Smart Motors Market, by End-use
6.3.2 India Smart Motors Market, by Product
6.4 South Korea Smart Motors Market
6.4.1 South Korea Smart Motors Market, by End-use
6.4.2 South Korea Smart Motors Market, by Product
6.5 Singapore Smart Motors Market
6.5.1 Singapore Smart Motors Market, by End-use
6.5.2 Singapore Smart Motors Market, by Product
6.6 Malaysia Smart Motors Market
6.6.1 Malaysia Smart Motors Market, by End-use
6.6.2 Malaysia Smart Motors Market, by Product
6.7 Rest of Asia Pacific Smart Motors Market
6.7.1 Rest of Asia Pacific Smart Motors Market, by End-use
6.7.2 Rest of Asia Pacific Smart Motors Market, by Product
Chapter 7. Company Profiles
7.1 Rockwell Automation, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Acquisition and Mergers:
7.1.6 SWOT Analysis
7.2 Moog, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 SWOT Analysis
7.3 Fuji Electric Co. Ltd.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 SWOT Analysis
7.4 ABB Ltd.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 SWOT Analysis
7.5 Siemens AG
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 SWOT Analysis
7.6 Schneider Electric SE
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.6.5 SWOT Analysis
7.7 General Electric Company
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 SWOT Analysis
7.8 Dunkermotoren GmbH (Ametek, Inc.)
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expenses
7.8.5 SWOT Analysis
7.9 RobotShop Inc.
7.9.1 Company Overview
7.9.2 SWOT Analysis
7.10. Roboteq, Inc. (Nidec Motor Corporation)
7.10.1 Company Overview
7.10.2 SWOT Analysis
TABLE 1 Asia Pacific Smart Motors Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Smart Motors Market, 2023 - 2030, USD Million
TABLE 3 Asia Pacific Smart Motors Market, by End-use, 2019 - 2022, USD Million
TABLE 4 Asia Pacific Smart Motors Market, by End-use, 2023 - 2030, USD Million
TABLE 5 Asia Pacific Industrial Market, by Country, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Industrial Market, by Country, 2023 - 2030, USD Million
TABLE 7 Asia Pacific Automotive Market, by Country, 2019 - 2022, USD Million
TABLE 8 Asia Pacific Automotive Market, by Country, 2023 - 2030, USD Million
TABLE 9 Asia Pacific Consumer Electronics Market, by Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Consumer Electronics Market, by Country, 2023 - 2030, USD Million
TABLE 11 Asia Pacific Aerospace & Defense Market, by Country, 2019 - 2022, USD Million
TABLE 12 Asia Pacific Aerospace & Defense Market, by Country, 2023 - 2030, USD Million
TABLE 13 Asia Pacific Others Market, by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Others Market, by Country, 2023 - 2030, USD Million
TABLE 15 Asia Pacific Smart Motors Market, by Product, 2019 - 2022, USD Million
TABLE 16 Asia Pacific Smart Motors Market, by Product, 2023 - 2030, USD Million
TABLE 17 Asia Pacific 24V Market, by Country, 2019 - 2022, USD Million
TABLE 18 Asia Pacific 24V Market, by Country, 2023 - 2030, USD Million
TABLE 19 Asia Pacific 48V & above Market, by Country, 2019 - 2022, USD Million
TABLE 20 Asia Pacific 48V & above Market, by Country, 2023 - 2030, USD Million
TABLE 21 Asia Pacific 18V Market, by Country, 2019 - 2022, USD Million
TABLE 22 Asia Pacific 18V Market, by Country, 2023 - 2030, USD Million
TABLE 23 Asia Pacific 36V Market, by Country, 2019 - 2022, USD Million
TABLE 24 Asia Pacific 36V Market, by Country, 2023 - 2030, USD Million
TABLE 25 Asia Pacific Smart Motors Market, by Country, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Smart Motors Market, by Country, 2023 - 2030, USD Million
TABLE 27 China Smart Motors Market, 2019 - 2022, USD Million
TABLE 28 China Smart Motors Market, 2023 - 2030, USD Million
TABLE 29 China Smart Motors Market, by End-use, 2019 - 2022, USD Million
TABLE 30 China Smart Motors Market, by End-use, 2023 - 2030, USD Million
TABLE 31 China Smart Motors Market, by Product, 2019 - 2022, USD Million
TABLE 32 China Smart Motors Market, by Product, 2023 - 2030, USD Million
TABLE 33 Japan Smart Motors Market, 2019 - 2022, USD Million
TABLE 34 Japan Smart Motors Market, 2023 - 2030, USD Million
TABLE 35 Japan Smart Motors Market, by End-use, 2019 - 2022, USD Million
TABLE 36 Japan Smart Motors Market, by End-use, 2023 - 2030, USD Million
TABLE 37 Japan Smart Motors Market, by Product, 2019 - 2022, USD Million
TABLE 38 Japan Smart Motors Market, by Product, 2023 - 2030, USD Million
TABLE 39 India Smart Motors Market, 2019 - 2022, USD Million
TABLE 40 India Smart Motors Market, 2023 - 2030, USD Million
TABLE 41 India Smart Motors Market, by End-use, 2019 - 2022, USD Million
TABLE 42 India Smart Motors Market, by End-use, 2023 - 2030, USD Million
TABLE 43 India Smart Motors Market, by Product, 2019 - 2022, USD Million
TABLE 44 India Smart Motors Market, by Product, 2023 - 2030, USD Million
TABLE 45 South Korea Smart Motors Market, 2019 - 2022, USD Million
TABLE 46 South Korea Smart Motors Market, 2023 - 2030, USD Million
TABLE 47 South Korea Smart Motors Market, by End-use, 2019 - 2022, USD Million
TABLE 48 South Korea Smart Motors Market, by End-use, 2023 - 2030, USD Million
TABLE 49 South Korea Smart Motors Market, by Product, 2019 - 2022, USD Million
TABLE 50 South Korea Smart Motors Market, by Product, 2023 - 2030, USD Million
TABLE 51 Singapore Smart Motors Market, 2019 - 2022, USD Million
TABLE 52 Singapore Smart Motors Market, 2023 - 2030, USD Million
TABLE 53 Singapore Smart Motors Market, by End-use, 2019 - 2022, USD Million
TABLE 54 Singapore Smart Motors Market, by End-use, 2023 - 2030, USD Million
TABLE 55 Singapore Smart Motors Market, by Product, 2019 - 2022, USD Million
TABLE 56 Singapore Smart Motors Market, by Product, 2023 - 2030, USD Million
TABLE 57 Malaysia Smart Motors Market, 2019 - 2022, USD Million
TABLE 58 Malaysia Smart Motors Market, 2023 - 2030, USD Million
TABLE 59 Malaysia Smart Motors Market, by End-use, 2019 - 2022, USD Million
TABLE 60 Malaysia Smart Motors Market, by End-use, 2023 - 2030, USD Million
TABLE 61 Malaysia Smart Motors Market, by Product, 2019 - 2022, USD Million
TABLE 62 Malaysia Smart Motors Market, by Product, 2023 - 2030, USD Million
TABLE 63 Rest of Asia Pacific Smart Motors Market, 2019 - 2022, USD Million
TABLE 64 Rest of Asia Pacific Smart Motors Market, 2023 - 2030, USD Million
TABLE 65 Rest of Asia Pacific Smart Motors Market, by End-use, 2019 - 2022, USD Million
TABLE 66 Rest of Asia Pacific Smart Motors Market, by End-use, 2023 - 2030, USD Million
TABLE 67 Rest of Asia Pacific Smart Motors Market, by Product, 2019 - 2022, USD Million
TABLE 68 Rest of Asia Pacific Smart Motors Market, by Product, 2023 - 2030, USD Million
TABLE 69 Key Information – Rockwell Automation, Inc.
TABLE 70 key information – Moog, Inc.
TABLE 71 Key Information – Fuji Electric Co., Ltd.
TABLE 72 Key Information – ABB Ltd.
TABLE 73 Key Information – Siemens AG
TABLE 74 Key Information – Schneider Electric SE
TABLE 75 Key Information – General Electric Company
TABLE 76 Key Information – Dunkermotoren GmbH
TABLE 77 Key Information – RobotShop Inc.
TABLE 78 Key Information – Roboteq, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Smart Motors Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Smart Motors Market
FIG 4 Porter’s Five Forces Analysis – Smart Motors Market
FIG 5 Asia Pacific Smart Motors Market share, by End-use, 2022
FIG 6 Asia Pacific Smart Motors Market share, by End-use, 2030
FIG 7 Asia Pacific Smart Motors Market, by End-use, 2019 - 2030, USD Million
FIG 8 Asia Pacific Smart Motors Market share, by Product, 2022
FIG 9 Asia Pacific Smart Motors Market share, by Product, 2030
FIG 10 Asia Pacific Smart Motors Market, by Product, 2019 - 2030, USD Million
FIG 11 Asia Pacific Smart Motors Market share, by Country, 2022
FIG 12 Asia Pacific Smart Motors Market share, by Country, 2030
FIG 13 Asia Pacific Smart Motors Market, by Country, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: Rockwell Automation, Inc.
FIG 15 SWOT Analysis: Moog, Inc.
FIG 16 SWOT Analysis: Fuji Electric Co., Ltd.
FIG 17 SWOT Analysis: ABB ltd.
FIG 18 SWOT Analysis: Siemens AG
FIG 19 SWOT Analysis: Schneider Electric SE
FIG 20 SWOT Analysis: General Electric Company
FIG 21 SWOT Analysis: Dunkermotoren GmbH
FIG 22 SWOT Analysis: RobotShop Inc.
FIG 23 SWOT Analysis: Roboteq, Inc.