• Cat-intel
  • MedIntelliX
  • Resources
  • About Us
  • Request Free Sample ×

    Kindly complete the form below to receive a free sample of this Report

    Leading companies partner with us for data-driven Insights

    clients tt-cursor

    Electric DC Motor Market

    ID: MRFR/AM/29067-HCR
    128 Pages
    Sejal Akre
    September 2025

    Electric DC Motor Market Research Report - By Power Source (Battery-powered, Fuel Cell-powered, Solar-powered), By Application (Automotive, Industrial, Consumer), By Voltage Rating (Low-voltage (below 100V), Medium-voltage (100V-1000V), High-voltage (above 1000V)), By Enclosure Type (Open-frame, Totally Enclosed Fan-Cooled (TEFC), Totally Enclosed Non-Ventilated (TENV)) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2034

    Share:
    Download PDF ×

    We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

    Electric DC Motor Market Research Report—Forecast till 2034 Infographic
    Purchase Options
    $ 4,950.0
    $ 5,950.0
    $ 7,250.0

    Electric DC Motor Market Summary

    The Global Electric DC Motor Market is projected to grow from 182.1 USD Billion in 2024 to 338.0 USD Billion by 2035, reflecting a robust CAGR of 5.78%.

    Key Market Trends & Highlights

    Electric DC Motor Key Trends and Highlights

    • The market valuation is expected to increase from 182.1 USD Billion in 2024 to 338.0 USD Billion by 2035.
    • A compound annual growth rate of 5.78% is anticipated for the period from 2025 to 2035.
    • The growth trajectory indicates a strong demand for electric DC motors across various applications and industries.
    • Growing adoption of electric vehicles due to increasing environmental regulations is a major market driver.

    Market Size & Forecast

    2024 Market Size 182.1 (USD Billion)
    2035 Market Size 338.0 (USD Billion)
    CAGR (2025-2035) 5.78%

    Major Players

    Nidec Corporation, Siemens AG, ABB Ltd., Rockwell Automation, Emerson Electric Co., AMETEK, Inc., Johnson Electric Holdings Limited, Mabuchi Motor Co., Ltd., Maxon Motor AG, Regal Beloit Corporation

    Electric DC Motor Market Trends

    Electric DC Motor continue to witness rising demand in industries seeking energy efficiency and precision control. Key drivers fueling this growth include the increasing adoption of electric vehicles, growing automation in sectors like manufacturing and logistics, and a push toward sustainable energy solutions.

    In recent times, trends like the miniaturization of motors, advancements in brushless DC motor technology, and improvements in power density have significantly enhanced the capabilities of DC motors. These advancements enable them to operate in a wider range of applications, from small-scale robotics to large-scale industrial machinery.

    Furthermore, the growing emphasis on energy efficiency and environmental concerns is creating opportunities for manufacturers to explore innovative design approaches and materials that reduce energy consumption and enhance motor lifespan. The integration of DC Motor with sensors, controllers, and power electronics also presents opportunities to optimize performance, improve reliability, and enable predictive maintenance.

    The ongoing transition towards renewable energy sources and advancements in automation technologies are driving a notable increase in the demand for electric DC motors across various sectors, suggesting a robust growth trajectory for the market.

    U.S. Department of Energy

    Electric DC Motor Market Drivers

    Market Growth Projections

    The Global Electric DC Motor Market Industry is poised for substantial growth, with projections indicating a market size of 182.1 USD Billion in 2024 and an anticipated increase to 338.0 USD Billion by 2035. This growth trajectory suggests a compound annual growth rate (CAGR) of 5.78% from 2025 to 2035, reflecting the increasing adoption of electric DC motors across various sectors. The market dynamics are influenced by factors such as technological advancements, rising demand for electric vehicles, and the expansion of automation in industries. These projections highlight the potential for investment and innovation within the electric DC motor sector.

    Growth in Renewable Energy Sector

    The expansion of the renewable energy sector significantly influences the Global Electric DC Motor Market Industry. As countries strive to meet their energy needs sustainably, the integration of electric motors in wind turbines and solar energy systems becomes increasingly vital. DC motors are essential for various applications within these systems, including tracking solar panels and controlling wind turbine blades. This trend aligns with global efforts to transition to cleaner energy sources, thereby enhancing the demand for electric DC motors. The market's growth is indicative of a broader shift towards sustainable energy solutions, which is expected to bolster the industry in the coming years.

    Increased Automation in Industries

    The trend towards automation across various industries is a key driver of the Global Electric DC Motor Market Industry. Industries such as manufacturing, logistics, and healthcare are increasingly adopting automated systems to enhance efficiency and productivity. Electric DC motors play a crucial role in these systems, powering conveyor belts, robotic arms, and other automated machinery. As companies seek to optimize operations, the demand for reliable and efficient DC motors is likely to rise. This shift towards automation not only supports the market's growth but also aligns with broader economic trends focused on innovation and efficiency.

    Rising Demand for Electric Vehicles

    The increasing global emphasis on sustainability and reducing carbon emissions drives the demand for electric vehicles, which in turn propels the Global Electric DC Motor Market Industry. As electric vehicles become more mainstream, the need for efficient and reliable DC motors is paramount. In 2024, the market is projected to reach 182.1 USD Billion, reflecting a significant shift towards electric mobility. This trend is expected to continue, with the market potentially expanding to 338.0 USD Billion by 2035, indicating a robust growth trajectory. The integration of advanced DC motors in electric vehicles enhances performance and efficiency, further solidifying their role in the automotive sector.

    Technological Advancements in Motor Design

    Innovations in motor design and manufacturing processes are transforming the Global Electric DC Motor Market Industry. Enhanced efficiency, reduced size, and improved performance characteristics are becoming standard due to advancements in materials and engineering techniques. For instance, the development of brushless DC motors has led to higher efficiency and lower maintenance requirements. These technological improvements not only cater to the automotive sector but also find applications in industrial automation and consumer electronics. As the market evolves, these advancements are likely to attract investments and foster competition, contributing to a projected CAGR of 5.78% from 2025 to 2035.

    Expanding Applications in Consumer Electronics

    The proliferation of consumer electronics is another significant driver of the Global Electric DC Motor Market Industry. Devices such as electric toothbrushes, drones, and home appliances increasingly rely on electric DC motors for operation. As consumer preferences shift towards smart and efficient devices, manufacturers are compelled to integrate advanced DC motors into their products. This trend is expected to contribute to the market's expansion, with projections indicating a potential growth trajectory that aligns with the overall increase in consumer electronics spending. The versatility of DC motors in various applications underscores their importance in the evolving consumer landscape.

    Market Segment Insights

    Electric DC Motor Market Power Source Insights

    The Electric DC Motor Market is segmented based on Power Source into Battery-powered, Fuel Cell-powered, and Solar-powered. In 2023, the Battery-powered Electric DC Motor segment occupies around 62.4% of the revenue. This is due to the rising adoption of electric vehicles and the demand for portable power tools. Moreover, the Fuel Cell-powered Electric DC Motor segment will experience substantial growth during the forecast period as these motors offer high efficiency and null emissions.

    The market is primed for additional acceleration because of the need for eco-friendly and energy efficient motors.The Asia-Pacific region is presently the largest market for Electric DC Motor and investments will likely continue to grow as both the major countries in the region, China and India, are experiencing an increased demand. The most prominent players in the Electric DC Motor Market include Nidec Corporation, Siemens AG, ABB Ltd., Rockwell Automation, and Emerson Electric Co. These companies are investing significant portions of their revenue in research and development to come up with new products and technologies.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Electric DC Motor Market Application Insights

    The segment analysis of the application appeared to be crucial for the forecast of the Electric DC Motor market and the deepen understanding of the diversity in usage of the given types of motors throughout industries.

    Next to the automotive sector, which is going to remain the leader in the portion of the market’s value for 2023, due to its switch to electric drive and following demand of high-performing and fault-free power supply systems, a significant portion will be taken by industrial applications in manufacturing, automation, and material handling.Consumer application – for instance, power tools, home appliances, and medical equipment – is going to constitute up to a quarter of the market’s whole, which is an effect of the growing usage of portable and eco-friendly electric goods.

    All in all, the segmentation gives relevant insights into the differences in demands and opportunities for the Electric DC Motor industry.

    Electric DC Motor Market Voltage Rating Insights

    The Electric DC Motor Market is segmented by voltage rating into low-voltage (below 100V), medium-voltage (100V-1000V), and high-voltage (above 1000V). Among these segments, the low-voltage segment is expected to hold the largest market share in 2023, owing to its wide usage in various applications such as power tools, electric vehicles, and industrial machinery. The medium-voltage segment is projected to witness significant growth during the forecast period, driven by increasing demand from the transportation and energy sectors.

    The high-voltage segment is anticipated to account for a smaller market share due to its limited applications in specialized industries.Overall, the voltage rating segment provides a comprehensive understanding of the market dynamics and growth potential for electric DC Motor across different voltage ranges.

    Electric DC Motor Market Enclosure Type Insights

    The market growth is attributed to the increasing demand for energy-efficient motors in various industries and the rising adoption of electric vehicles. Enclosed DC Motor are designed to protect the internal components from external elements such as dust, moisture, and other contaminants. The type of enclosure used depends on the specific application and environment in which the motor will be operated. Open-frame motors have no enclosure and are suitable for applications where the motor is not exposed to harsh conditions.

    They are typically used in industrial settings, such as fans and pumps.Totally Enclosed Fan-Cooled (TEFC) motors have a fully enclosed housing with a fan to circulate air over the motor's exterior. This type of enclosure provides protection from dust and moisture and is suitable for applications in harsh industrial environments. Totally Enclosed Non-Ventilated (TENV) motors have a fully enclosed housing without any ventilation. This type of enclosure provides the highest level of protection from dust and moisture and is suitable for applications in explosive or hazardous environments.

    The choice of enclosure type depends on the specific application and environment in which the motor will be operated.Open-frame motors are the most cost-effective option, but they are not suitable for harsh environments. TEFC motors provide a good balance of cost and protection, while TENV motors offer the highest level of protection but are also the most expensive.

    Get more detailed insights about Electric DC Motor Market Research Report—Forecast till 2034

    Regional Insights

    The regional segmentation of the Electric DC Motor Market showcases distinct growth trajectories across different geographic regions. North America holds a significant market share, driven by the presence of established automotive and industrial sectors. The region is anticipated to maintain its dominance throughout the forecast period, with a market value of 75.613 billion USD in 2023 and 125.275 billion USD in 2032. Europe follows closely, with a robust manufacturing base and growing adoption of electric vehicles, projected to reach 34.809 billion USD in 2023 and 57.884 billion USD in 2032.

    The Asia-Pacific region exhibits promising growth potential, fueled by rapid industrialization and urbanization in countries like China and India, with expected values of 30.472 billion USD in 2023 and 50.702 billion USD in 2032.South America and the Middle East and Africa (MEA) regions are expected to witness steady growth, supported by government initiatives and infrastructure development, with South America projected to be 13.44 billion USD in 2023 and 21.828 billion USD in 2032, and the Middle East and Africa expected to reach 8.426 billion USD in 2023 and 14.2 billion USD in 2032.

    Overall, the Electric DC Motor Market is poised for substantial expansion, with each region contributing to its growth trajectory.

    Electric DC Motor Market Regional Insights

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Key Players and Competitive Insights

    The industry of the Electric DC Motor Market is competitive in many aspects, ranging from a broad diversity of companies in its confines to the number of large and small producers struggling for their share of the market. Some of the most prominent Electric DC Motor Market players are AMETEK, Inc., Johnson Electric Holdings Limited, Mabuchi Motor Co., Ltd., Maxon Motor AG, and Regal Beloit Corporation. To defend their positions in the market, these leading companies have established their worldwide presence.

    Having developed diverse products and services, these actors have in place well-functioning distribution channels and reputation for being genuinely high-tech. Apart from the impact created by these companies’ views of the competitive aspect of the market, mergers, and acquisitions synergies and joint actions, such as alliances and strategic partnerships, also contribute to the tight competitive scenario.

    The most important players within the Electric DC Motor Market are AMETEK, Inc., which develops electric instruments and electro-mechanic devices; the AMETEK’s product range comprises an ample selection of DC Motor designed to cater for the purposes of such industries as aerospace, automotive, medical, and industrial automation. AMETEK’s devotion to research and development makes these motors technologically advanced and allows competing in the local and markets.

    A rival company, Johnson Electric Holdings Limited, is based in Hong Kong and specializes in the creation of DC motors, micro motors, and motion control systems. It has numerous production sites spread in over 20 countries, possessing a facility that assures prompt delivery and excellent customer service. Johnson Electric’s due regard for innovation is manifested in its commitment to research and development, which results in the creation of value-added motors and tailored solutions.

    Key Companies in the Electric DC Motor Market market include

    Industry Developments

    • Q2 2024: Nidec to Build New Electric Motor Plant in Serbia Nidec Corporation announced the construction of a new electric motor manufacturing facility in Novi Sad, Serbia, to expand its production capacity for automotive and industrial DC motors. The plant is expected to be operational by late 2025 and will serve European markets.
    • Q2 2024: Siemens Launches Next-Gen High-Efficiency DC Motors for Industrial Automation Siemens unveiled a new line of high-efficiency DC motors designed for industrial automation and robotics applications, aiming to improve energy savings and performance in manufacturing environments.
    • Q2 2024: Johnson Electric Announces Strategic Partnership with BYD for EV DC Motor Supply Johnson Electric entered into a multi-year supply agreement with BYD to provide advanced DC motors for the automaker’s next generation of electric vehicles, strengthening its position in the automotive sector.
    • Q3 2024: ABB Acquires Indian DC Motor Manufacturer CG Power’s Motion Control Division ABB completed the acquisition of CG Power’s motion control division, expanding its portfolio of DC motors and strengthening its presence in the fast-growing Indian market.
    • Q3 2024: Maxon Opens New R&D Center for Precision DC Motors in Switzerland Maxon inaugurated a new research and development center in Sachseln, Switzerland, focused on the innovation of high-precision DC motors for medical and robotics applications.
    • Q3 2024: Allied Motion Technologies Wins Major Contract for Defense-Grade DC Motors Allied Motion Technologies secured a multi-million dollar contract to supply custom DC motors for a new line of unmanned ground vehicles developed for the U.S. Department of Defense.
    • Q4 2024: Mitsubishi Electric Launches Compact DC Motors for Next-Gen Home Appliances Mitsubishi Electric introduced a new series of compact, energy-efficient DC motors targeting the smart home appliance market, with initial shipments to major appliance manufacturers in Asia.
    • Q4 2024: Regal Rexnord Announces Expansion of DC Motor Production Facility in Mexico Regal Rexnord announced a significant expansion of its DC motor manufacturing facility in Monterrey, Mexico, to meet growing demand from North American automotive and HVAC customers.
    • Q1 2025: Danfoss Appoints New CEO to Lead Electrification and DC Motor Strategy Danfoss named Lars Tveen as its new CEO, tasking him with accelerating the company’s electrification initiatives and expanding its DC motor product lines for industrial and mobility sectors.
    • Q1 2025: TECO Electric & Machinery Launches IPO to Fund DC Motor Expansion TECO Electric & Machinery Co. launched an initial public offering on the Taiwan Stock Exchange, aiming to raise capital for expanding its DC motor production capacity and R&D.
    • Q2 2025: Bosch and Infineon Partner on Smart DC Motor Controllers for EVs Bosch and Infineon Technologies announced a strategic partnership to co-develop smart DC motor controllers for electric vehicles, integrating advanced power electronics and connectivity features.
    • Q2 2025: WEG Opens New DC Motor Manufacturing Plant in Brazil WEG inaugurated a new manufacturing facility in Santa Catarina, Brazil, dedicated to the production of industrial and automotive DC motors, aiming to serve growing demand in South America.

    Future Outlook

    Electric DC Motor Market Future Outlook

    The Electric DC Motor Market is projected to grow at a 5.78% CAGR from 2024 to 2035, driven by advancements in automation, renewable energy integration, and electric vehicle demand.

    New opportunities lie in:

    • Develop smart DC motors with IoT capabilities for enhanced efficiency.
    • Invest in sustainable materials for motor production to attract eco-conscious consumers.
    • Expand into emerging markets with tailored solutions for local industries.

    By 2035, the Electric DC Motor Market is expected to exhibit robust growth, driven by innovation and strategic market expansion.

    Market Segmentation

    Electric DC Motor Market Regional Outlook

    • North America
    • Europe
    • South America
    • Asia Pacific
    • Middle East and Africa

    Electric DC Motor Market Application Outlook

    • Low-voltage (below 100V)
    • Medium-voltage (100V-1000V)
    • High-voltage (above 1000V)

    Electric DC Motor Market Power Source Outlook

    • Automotive
    • Industrial
    • Consumer

    Electric DC Motor Market Enclosure Type Outlook

    • North America
    • Europe
    • South America
    • Asia Pacific
    • Middle East and Africa

    Electric DC Motor Market Voltage Rating Outlook

    • Open-frame
    • Totally Enclosed Fan-Cooled (TEFC)
    • Totally Enclosed Non-Ventilated (TENV)

    Report Scope

    Report Attribute/Metric Details
    Market Size 2024  182.13 (USD Billion)
    Market Size 2025  192.66 (USD Billion)
    Market Size 2034   319.53 (USD Billion)
    Compound Annual Growth Rate (CAGR)      5.78% (2025 - 2034)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year 2024
    Market Forecast Period 2025 - 2034
    Historical Data 2019 - 2023
    Market Forecast Units USD Billion
    Key Companies Profiled C Technologies, Danfoss, Regal Beloit Corporation, Johnson Electric, WEG Electric Corp., Brook Crompton, Emerson Electric Co., Siemens AG, Baldor Electric Company, Littelfuse, Inc., Nidec Corporation, TECO Electric Machinery Co., Ltd., Parker Hannifin Corporation, AMETEK, Inc., Kollmorgen Corporation
    Segments Covered Power Source, Application, Voltage Rating, Enclosure Type, Regional
    Key Market Opportunities 1 Growing demand for electric vehicles2 Increasing adoption of industrial automation3 Rising popularity of renewable energy sources4 Government incentives for energy efficiency
    Key Market Dynamics Increasing automation, rising demand for energy efficient devices, technological advancements, government regulations, growing industrialization
    Countries Covered North America, Europe, APAC, South America, MEA

    FAQs

    What is the projected market size of the Electric DC Motor Market in 2023?

    The Electric DC Motor Market is estimated to be valued at 182.13 Billion USD in 2024.

    What is the projected CAGR of the Electric DC Motor Market from 2024 to 2032?

    The Electric DC Motor Market is projected to grow at a CAGR of 5.78% from 2025 to 2034.

    Which application segment is expected to account for the largest share of the Electric DC Motor Market in 2023?

    The industrial automation segment is expected to account for the largest share of the Electric DC Motor Market in 2023.

    Who are some of the key competitors in the Electric DC Motor Market?

    Some of the key competitors in the Electric DC Motor Market include Nidec Corporation, Johnson Electric, and Ametek.

    What are the key trends driving the growth of the Electric DC Motor Market?

    Key trends driving the growth of the Electric DC Motor Market include increasing demand for energy-efficient solutions, rising adoption of electric vehicles, and growing automation in industrial processes.

    What are the challenges faced by the Electric DC Motor Market?

    Challenges faced by the Electric DC Motor Market include fluctuating raw material prices, intense competition, and technological advancements.

    What are the opportunities for growth in the Electric DC Motor Market?

    Opportunities for growth in the Electric DC Motor Market include expanding applications in emerging industries, government initiatives promoting energy efficiency, and increasing demand for customized solutions.

    What is the expected market size of the Electric DC Motor Market in 2032?

    The Electric DC Motor Market is projected to reach a valuation of 270.0 Billion USD by 2032.

    Which region is expected to witness the highest growth rate in the Electric DC Motor Market during the forecast period?

    The Asia-Pacific region is expected to witness the highest growth rate in the Electric DC Motor Market during the forecast period.

    Report Infographic
    Free Sample Request

    Kindly complete the form below to receive a free sample of this Report

    Customer Stories

    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

    Victoria Milne Founder
    Case Study

    Chemicals and Materials