Global AC Synchronous Reluctance Motors (SynRM) market cagr 14.4%

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AC Synchronous Reluctance Motors (SynRM) Market

AC Synchronous Reluctance Motors (SynRM) Market

Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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AC Synchronous Reluctance Motors (SynRM) Market Size and Growth

The AC Synchronous Reluctance Motors (SynRM) market research report analyzes market conditions and forecasts growth opportunities. The global SynRM market size is projected to reach $1.3 billion by 2025. Factors driving market growth include increasing demand for energy-efficient motors and advancements in industrial automation technologies.

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Companies Covered

(Covid 19 Impact Covered)

◍ ABB

◍ Siemens

◍ KSB (REEL)

◍ Danfoss

◍ Bonfiglioli

◍ Oemer Motors

◍ Relaoto

◍ Mark Elektriks

◍ Nidec Leroy-Somer

The competitive landscape of the AC synchronous reluctance motors (SynRM) market includes companies such as ABB, Siemens, KSB (REEL), Danfoss, Bonfiglioli, Oemer Motors, Relaoto, Mark Elektriks, and Nidec LeroySomer. These companies offer a range of SynRM products for various applications, contributing to the growth of the market.

- ABB reported sales revenue of $27.93 billion in 2020 - Siemens reported sales revenue of $57.14 billion in 2020

- KSB (REEL) reported sales revenue of $2.54 billion in 2020 Request Sample Report

Market Segmentation

By Application

◍ Process Industries

◍ Discrete Industries

◍ Transportation

By Product

◍ 0-30 KW

30-100 KW ◍ Above 100 KW

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Market Growth

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$ X Billion USD

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