How big is the United Kingdom AC Motors Market?

The United Kingdom AC Motors Market size is expected to reach USD 674.40 million in 2024 and grow at a CAGR of 2.40% to reach USD 758.80 million by 2029. Read More

What is the current United Kingdom AC Motors Market size?

In 2024, the United Kingdom AC Motors Market size is expected to reach USD 674.40 million. Read More

Who are the key players in United Kingdom AC Motors Market?

ABB Ltd., Siemens AG, Rockwell Automation, Johnson Electric International (UK) Ltd. and Nidec Corporation are the major companies operating in the United Kingdom AC Motors Market. Read More

What years does this United Kingdom AC Motors Market cover, and what was the market size in 2023?

In 2023, the United Kingdom AC Motors Market size was estimated at USD 658.21 million. The report covers the United Kingdom AC Motors Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the United Kingdom AC Motors Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

United Kingdom AC MotorsMarket Size & Share Analysis - Industry Research Report

United Kingdom Alternating Current (AC) Motors Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The United Kingdom Alternating Current (AC) Motor Market Report is Segmented by Type (Induction AC Motor (Single Phase and Poly Phase) and Synchronous AC Motor (DC Excited Rotor, Permanent Magnet, Hysteresis Motor, and Reluctance Motor)) and by End-User Industry (Oil and Gas, Chemical and Petrochemical, Power Generation, Water & Wastewater, Metal & Mining, Food & Beverage, Discrete Industries, and Other End-User Industries). The Report Offers Market Sizes and Forecasts in Value (USD) for all the Above Segments.

United Kingdom AC Motors Industry Overview

The AC motor market in the United Kingdom has several vendors, enhancing the competitive index. Competition in the market is anticipated to continue growing as demand increases. Hence, the vendors operating in the market are adopting strategies such as new product development, partnerships, mergers, and acquisitions to strengthen their market presence further. Some key market players include ABB Ltd, Siemens AG, Johnson Electric International (UK) Ltd, Rockwell Automation, and Nidec Corporation.

March 2024 - MOONS’ Industries, a Shanghai-based company manufacturing an extensive range of motion control products, launched MOONS’ Industries (UK). According to the company, the entity will be based in Reading, Berkshire. This move aims to further strengthen the company's presence in the European market.
March 2024 - ABB Ltd unveiled its SP4 technology. According to the company, it achieves NEMA super premium efficiency even in AC induction motors operating without variable speed drives. Furthermore, the SP4 solution has been developed by the company to cater to the growing demand for more sustainable and efficient AC motors across different industries.