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Report Overview
2024
Base Year
2018-2024
Historical Year
2025-2034
Forecast Year
North America Induction AC Electric Motor Market Trends
The North America market for induction AC electric motor is being led by its growing industrial applications in the United States and Canada. AC motors have low sound output owing to which these motors are preferred for use in appliances such as heating, ventilation, and air conditioning systems (HVAC) installed in commercial and household settings. Furthermore, AC motors are highly adaptable and flexible in the sense that they can be powered using a simple on and off switch, making them easy to use.
In addition, the variable speed and power output of AC motors make them further favourable in HVAC equipment, thereby propelling the market growth. With the rising awareness regarding rapid climate change and the need to curtail carbon emissions, AC motors are increasingly employed in HVAC systems, owing to their energy efficient characteristics.
North America Induction AC Electric Motor Market Report Snapshots
North America Induction AC Electric Motor Market Size
North America Induction AC Electric Motor Market Growth
North America Induction AC Electric Motor Market Trends
North America Induction AC Electric Motor Market Share
North America Induction AC Electric Motor Companies
North America Induction AC Electric Motor Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2024, the market attained a value of USD 5.34 billion.
The induction AC electric motor market in North America is expected to grow at a CAGR of 12.7% between 2025 and 2034.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach about USD 15.68 billion by 2034.
Characteristics such as healthy lifespan, adaptability, flexibility, and low noise output, among others are augmenting the applications of induction AC electric motors in several commercial and industrial uses, which is driving the market’s growth.
Key trends include the use of induction AC electric motors in heating, ventilation, and air conditioning (HVAC) equipment to save energy and reduce carbon dioxide emissions along with rising focus on energy efficiency.
Countries considered in the market are United States and Canada.
The different types of induction AC electric motors in the market are < 1 kV, 1 kV – 6 kV, and > 6 kV.
The market, based on efficiency ratings, can be classified into IE1, IE2, IE3, and IE4.
The significant applications of induction AC electric motor are industrial, motor vehicle, HVAC, and household, among others.
Key players in the market are ABB Ltd., Rockwell Automation, Inc., Siemens AG, ARC Systems, Inc., and Emerson Electric Co., among others.
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