The switched reluctance motors (SRM) market is expected to witness steady growth between 2025 and 2035, driven by increasing demand across automotive, industrial automation, renewable energy, and household appliances sectors. The market is projected to expand from USD 637.5 million in 2025 to USD 1,174.3 million by 2035, reflecting a CAGR of 6.3% over the forecast period.
Switched reluctance motors have been increasingly recognized due to their durability, effectiveness, and installation in hostile environment conditions. Whereas the traditional induction or permanent magnet motors are using rare-earth materials, this is not the case with the SRM as it works without them and is thus both cost-effective and environment-friendly. Their straightforward design, super-high speed, and fault tolerance features make them appropriate for applications that require speed variability, stability, and energy efficiency.
The increase in investment in electric vehicles (EVs), industrial automation, and energy-efficient HVAC systems has led to the expansion of SRMs. Also, the development of power electronics, AI-driven motor control and predictive maintenance technologies are the other factors that are assisting in market growth.
| Metric | Value |
|---|---|
| Industry Size (2025E) | USD 637.5 million |
| Industry Value (2035F) | USD 1,174.3 million |
| CAGR (2025 to 2035) | 6.3% |
Efficient, low-maintenance electric motors have been in search of an increased demand across industries such as industrial machinery, transportation, and renewable energy equipment. Energy conservation, reduced emissions, and minimal reliance on rare-earth elements have made the use of SRMs as traction motors in automobiles, wind turbines, and high-speed industrial drives economically viable.
Across the globe, governments are advocating for green energy and sustainability in manufacturing through the initiatives of motor energy efficiency, thus orchestrating the continued growth of the SRM market. The formation of AI embedded smart motor controllers and IoT integrated condition monitoring systems is bringing increased reliability and performance optimization in switched reluctance motors.
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North America still has a dominant share of the SRM market on account of the stringent electric vehicles (EVs), industrial device automation, and smart grid infrastructure. In the United States and Canada, the adoption of these highly efficient motors in automotive powertrains, HVAC systems, and robotics-based manufacturing has been on the rise.
Through the provision of government incentives for electric mobility and carbon emission reduction policies, manufacturers are channeling in funds for SRM-based EV propulsion systems that are available at a higher efficiency along with a lower operational cost compared to traditional motor designs. Furthermore, the defense, aerospace, and medical device sectors use SRMs for exact motion control and reliability applications.
Europe is progressing with the steady momentum in SRM production market, where Germany, France, Italy, and UK top the list as pioneers in the fields of automotive electrification, renewable energy, and advanced automation. The European Union's sturdy carbon neutrality drive and electric mobility propulsion have been the dominant factors in the increase of energy-efficient switched reluctance motors.
Germany, as a pioneer in automotive innovations and industrial automation, is an important market for EV traction motors, robotic drive systems, and wind turbine applications powered by SRMs. The UK and France's efforts on the next generation of electrified transport, motor upgrades in the industrial sector, and AI-derived diagnostics are propelling the SRM demand further.
Asia-Pacific is the fastest-growing region headed by China, Japan, India, and South Korea, the leaders in EV production, smart manufacturing, and high-efficiency motor adoption. The region's increase in industrialization, urbanization growth, and energy cost rise are reasons for requiring energy-savings and maintenance-free motors.
China, being the largest EV producer and industrial force, is driving the investment in electric buses, high-speed trains, and wind turbines in smart grids based on the SRM model, reflecting it as a hub for the next-gen motor sector. As part of its plan to expand, India is also focusing on renewable energy, smart factories, and government-backed initiatives targeted at electric mobility which have charted the way for the SRM adoption.
Japan along with South Korea is developing advanced SRMs for next-generation robotic arms, semiconductor processing equipment, and precision medical devices in addition to known robotics breakthroughs, semiconductor manufacturing, and AI-driven industrial automation.
Countries in the Middle East like Brazil, Mexico, Saudi Arabia, and South Africa are facing great demand in switching reluctance motors for renewable energy, industrial automation, and electric transport. The investment from the Middle East on green energy projects, electric vehicle uptake, and smart city development are providing the backbone of the SRM application in solar tracking systems, HVAC systems, and battery-electric vehicles.
Latin America, notably Brazil and Mexico, is summoning automotive and industrial automation sectors by the use of energy efficiency motor technology in the propulsion of precision electric powertrains, and motor control systems. SRM is now associated with the African people's continuous adherence to sustainable energy, in mining electrification, along with off-grid power solutions where their market penetration is further spurred.
Challenges
High Initial Costs & Power Electronics Complexity
Switched reluctance motors require sophisticated motor drives and specific power electronics, increasing the upfront capital expenditures. Compared to conventional AC motors, SRM manufacturers require sophisticated electronic control systems to maximize torque ripple, noise, and efficiency in various speeds. The extra expenses caused by producing power converters, motor drives, and digital controllers outweigh the benefits, especially for small manufacturers.
The lack of standard control algorithms and software for the integration of SRMs results in compatibility problems in EVs, industrial automation, and smart grid applications. First of all, the manufacturers need to spend on custom motor tuning, using advanced AI-assisted motor controllers and real-time feedback systems, which raises their research and development (R&D) expenses.
Torque Ripple & Acoustic Noise Issues
One of the major disadvantages is that torque ripple is the primary cause of high torque ripple in SRMs, which in turn causes vibrations, acoustic noise, and operational smoothies. Therefore, this makes them less suitable for precision instruments like medical devices, aerospace actuators, and high-performance robotics.
Torque ripple effects efficiency, speed stability, and dynamic response, limiting the optimization of the SRM performance by engineers unless the engineers utilize additional control strategies. New methods in pulse-width modulation (PWM) techniques, sensor less control algorithms, and AI-driven adaptive tuning are used to cope with such issues. However, further R&D investments and software improvements are necessary for the widespread acceptance.
Opportunities
Growth in Electric Vehicles & Sustainable Transportation
The switch from rare-earth motors to other powertrains leads to the SWs as a new paradigm that proves to be the most cost-efficient, energy-efficient, and long-term solution for electric cars, regenerative braking systems, and battery cooling fans. Their features enable them to function at high-speed operations without overheating, thus, conserving energy and extending the vehicle's life without the use of rare-earth magnets.
The manufacturers in this sector are driving optimally powered, low-energy solutions through green automotive initiatives, which in turn propel the integration of SRMs into commercial EV fleets, e-bikes, and high-speed railway systems. The top car makers have become technology investors in the field of AI motor optimization and eco-friendly powertrain designs, which promotes the further infiltration of SRMs.
Expansion of Renewable Energy & Smart Grids
Switched reluctance motors are being utilized in wind turbines, solar tracking systems, and energy storage systems because of their strong efficiency, toughness, and fault-tolerant performance. As the renewable energy sector expands globally, SRMs are used in smart grid connected inverters, hydro systems, and local power networks.
The combination of AI-driven predictive maintenance and IoT-enabled smart grid analytics along with real-time load balancing is making the operation and reliability of SRM driven power systems a much easier task. This turns into a channel for bike makers, energy solution providers, and smart grid operators.
The far-reaching effects of the restructuring in the motor control ecosystem, the long-term trend towards electrification, and the tightening of energy efficiency regulations mean the Pure Reluctance Motor business will prosper long into the future, opening up new opportunities for motor manufacturers, industrial automation providers, and renewable energy investors across the globe.
The market for switched reluctance motors (SRM) saw a strong growth between 2020 and 2024, owing to the increasing demand for high-efficiency electric motors in industrial automation, automotive systems, and renewable energy applications. The CSRs were used because they were low-cost, long-lasting performance, and also no permanent magnets, thereby decreasing the use of rare-earth materials. Later on, the improvements in the electronics and algorithmic control have made these motors to be more efficient, therefore being the first choice for high-performance applications.
If we look ahead to 2025 to 2035, it can be clearly seen that the market will expand significantly thanks to the rising number of electric vehicles (EVs), general-industrial automation, and innovations in motor control technologies. The added-value new techs pronounce AI-driven predictive maintenance and greening up energy efficiency are main drivers for market purchase. Environmental sustainability will also be a factor that drives manufacturers to create eco-friendly designs with better efficiency and recyclability through minimizing energy losses.
| Market Shift | 2020 to 2024 |
|---|---|
| Regulatory Landscape | Compliance with energy efficiency regulations and industrial standards. |
| Technological Advancements | Improved power electronics and sensor-based control for optimized performance. |
| Industry-Specific Demand | High demand in industrial automation, HVAC, and electric power generation. |
| Sustainability & Circular Economy | Initial steps towards reducing reliance on rare-earth materials. |
| Market Growth Drivers | Expansion of industrial IoT, robotics, and renewable energy adoption. |
| Market Shift | 2025 to 2035 |
|---|---|
| Regulatory Landscape | Stricter global mandates on emissions reduction and sustainable manufacturing practices. |
| Technological Advancements | AI-driven motor diagnostics, predictive maintenance, and advanced materials for enhanced durability. |
| Industry-Specific Demand | Expansion into EVs, aerospace, robotics, and high-efficiency consumer appliances. |
| Sustainability & Circular Economy | Full-scale shift towards recyclable motor components and energy-efficient designs. |
| Market Growth Drivers | Rising demand for high-performance, eco-friendly motors in smart cities and next-gen transportation. |
The market for United States switched reluctance motors is witnessing steady development due to the prevailing inclination of various sectors towards the adoption of energy-efficient motor technologies. The automotive sector is mainly responsible for the growth of this market, since the shift to electric vehicles (EVs) forms an important segment. Besides high torque, density and better heat distribution, the new motors have a great advantage over the old ones.
The industrial field is moving along the same path by robots, conveyers and HVAC systems progressively using SRMs due to motor control technology development. Local governments, alongside the above advancements, are also boosting the markets with grants for energy-efficient equipment as well as support for renewable sources. The increased investment by significant producers and research institutes into the new generation of electric motors manufacturing is the main channel of technical progress in the SRM business.
| Country | CAGR (2025 to 2035) |
|---|---|
| United States | 6.1% |
The UK switched reluctance motors market is experiencing significant growth due to the increase in investments directed towards electric mobility, smart manufacturing and energy-efficient solutions. The government’s initiative to eliminate carbon emissions and the promotion of environmental friendly technologies has led to the incorporation of SRMs in transportation, HVAC, and industrial automation.
With its abundant research initiatives in advanced motor technology, the UK is strategically positioning itself as a development center for electric motor innovations. Additionally, the automotive industry proves to be a leader in the field, being responsible for the need for an additional SRM in both hybrid and fully electric cars. Furthermore, the incorporation of SRMs in areas such as rail transport, aerospace, and renewable energy has contributed significantly to industrial productivity.
| Country | CAGR (2025 to 2035) |
|---|---|
| United Kingdom | 6.2% |
The European Union switched reluctance motors market is undoubtedly on the rise as braces of regulators lean toward energy efficiency and electric mobility. The witty EU sustainability strategy hinge on cutting emissions and other sins associated with conventional transport that drive people to SRMs in electric cars, use in the industry, and energy sources.
Thanks to its fast-growing sector, the automotive industry thrives as it increasingly includes SRMs on conventional and electric vehicle drives. Additionally, the automated factory schemes and 4.0 will become the backbone in production which will in turn create the demand for smart motor control. Some of the EU's investments in next-generation electric motors also speed up market growth.
| Region | CAGR (2025 to 2035) |
|---|---|
| European Union | 6.3% |
Japan's switched reluctance motors market is witnessing the increasing market value with the help of electric cars, industrial automation, and high-precision equipment applications. The key driver of SRM's acceptance in Japan is powered by robots, which the country is very strong at and factory automation, especially concerning applications with precise and high efficiency.
The automaker sector in Japan states the go-ahead for the use of batteries and hybrids that leads to a demand in SRMs in electric devices. Furthermore, the country is pushing towards renewable energy along with smart grid infrastructure, which adds to the market growth. Next-generation SRMs are also driven by the compactness and significant performance of the motors that Japan is focusing on.
| Country | CAGR (2025 to 2035) |
|---|---|
| Japan | 6.0% |
The switched reluctance motors market in South Korea is rapidly on the ascendant mainly due to the country's stronghold in semiconductor manufacturing, electric vehicle production, and industrial automation. A strong emphasis on smart factory production, AI-powered advancement, and high-efficiency solutions is the SRM adoption catalyst in the country.
The EV business is booming as automakers are embedding these motors into their new electric drivetrains while SRMs are having a major share of its voltage. Additionally, major support from the semiconductor sector, and display manufacturing, on SRMs is promising for them. Program policies promoting green energy solutions, smart manufacturing, and the other activities are motivating the market rates again.
| Country | CAGR (2025 to 2035) |
|---|---|
| South Korea | 6.5% |
Single Phase SRMs Gain Traction in Low-Power Applications
Single-phase switched reluctance motors are typically utilized in low-power applications where space-saving configuration and cost-effectiveness are a must. These motors are the frontrunners in home appliances, small electromechanical systems, and simple automation solutions. The simple control methods have their inletment in this type of motor that in manufacturers' drive to simplify, Save energy, and cut down cost they overweight the usual complication of integration into preexisting systems.
With the energy-efficient spearhead sectors becoming more prevalent today, the need for single-phase SRMs is expected to shift to an upward trajectory. Furthermore, the idea of sustainable energy solutions is a driving force in the creation of new products, such as motors, which not only improve energy efficiency but also decrease costs in residential and small-scale applications.
Triple Phase SRMs Lead in High-Torque Industrial Applications
Triple-phase SRMs offer superior performance in applications requiring higher torque and better speed regulation. These motors are widely used in heavy-duty machinery, electric power tools, and precision control systems in automotive and aerospace sectors. The ability of triple-phase SRMs to operate efficiently under varying load conditions makes them a preferred choice for applications demanding consistent performance and longevity.
With increased investment in smart manufacturing and automation, this segment is expected to experience significant growth. Additionally, the integration of AI-based predictive maintenance and real-time monitoring is further improving the efficiency and reliability of triple-phase SRMs, making them indispensable in Industry 4.0-driven environments.
Electromechanical Brake Systems Benefit from SRM Efficiency
Switched reluctance motors have been offering modern electromechanical brake systems the best performance with additional benefits like a more accurate control mechanism and a higher braking efficiency. The analysis of the situation shows that the ultimate need is for SRMs to install themselves in areas of faster electronics in the vehicle and machinery domain on account of the increase in adoption of more sophisticated braking systems by automakers and industrial machinery manufacturers.
Their reliability in terms of reaction and running over time with low maintenance are further aspects that can ensure security in these cases. Additionally, the auto manufacturers are being driven towards the application of SRM products by the statutory requirements bush that has to deal with the improvement of vehicle safety and braking system failures, which has to be met with the product operation at peak levels and complying with the safety regulations.
Fuel Pump Applications Leverage SRM’s High Reliability
SRMs are increasingly finding applications in fuel pumps, especially in aerospace and automobile industries. The SRMs are optimized for high-speed and high-efficiency drive conditions to provide maximum fuel delivery and lowest energy consumption. High operating temperatures and harsh environments are no longer a concern with SRMs because they function efficiently in such conditions, making them extremely reliable for applications where reliability is a critical factor.
As the automotive sector moves towards electric mobility, fuel pump designs are changing to accommodate hybrid powertrains and alternative fuels, further driving the demand for SRMs. Even aircraft fuel systems need light-weight, long-lasting motors that can operate under strict safety standards, making SRMs a popular option. As the transportation industry continues to develop and streamline fuel delivery systems, the demand for switched reluctance motors in fuel pump applications is likely to expand steadily.
The market for Switched Reluctance Motors (SRM) has been rapidly growing, with the main reason being the increase in demand for energy-saving motor solutions in a plethora of sectors, such as automotive, industrial automation, renewable energy, and consumer electronics.
The use of SRMs has been predominantly due to their operational benefits like saving energy, serving for a long time, simplicity, and affordability. Apart from that, the commitment to environment-friendly and sustainable technologies is the primary factor driving the demand for SRM in electric vehicles (EVs) and industrial applications.
The enduring breakthrough in power electronics, motor control algorithms, and materials have upgraded the energy-efficiency and performance of switched reluctance motors. Major stakeholders in the sector are channeling resources in research and development (R&D) to increase the torque density, decrease the noise, and improve the reliability of the products while concentrating on the cost optimization that will help in the penetration of these motors.
State-backed schemes and statutory instruments offering grants or loans for energy-efficient motor technologies are a further driver of market growth. Again, the increasing emphasis on attenuating carbon emissions and limiting the dependence on fossil fuels is a strong impetus for the development of industries switching to more efficient and environmental friendly electric motor technology.
Merging of artificial intelligence (AI) and Internet of Things (IoT) with motor control systems has turned around the scenario in the SRM market completely. AI-based predictive maintenance and real-time monitoring are i.e. the main driving forces for saying that industries have a farther optimization of the energy consumption and operational efficiency though.
Moreover, the growing use of SRMs in aviation and robotic engineering has broadened the leash of the market. Also, firms are looking at the combination of SRMs and other types of motors in order to enhance performance and durability in difficult applications.
Market Share Analysis by Company
| Company Name | Estimated Market Share (%) |
|---|---|
| Nidec Corporation | 18-22% |
| ABB Ltd. | 15-18% |
| Siemens AG | 10-14% |
| AMETEK Inc. | 8-12% |
| Regal Rexnord Corporation | 5-9% |
| Other Companies (combined) | 30-40% |
| Company Name | Key Offerings/Activities |
|---|---|
| Nidec Corporation | A leading manufacturer of high-efficiency SRMs with a strong focus on automotive electrification, industrial automation, and HVAC systems. Investing in next-gen electric vehicle motors. |
| ABB Ltd. | Develops advanced SRMs for industrial and commercial applications, emphasizing energy efficiency and smart motor control technologies. Pioneering developments in sustainable manufacturing. |
| Siemens AG | Offers state-of-the-art SRM solutions for manufacturing, transportation, and renewable energy, integrating digital automation technologies and AI-driven control systems. |
| AMETEK Inc. | Specializes in customized SRMs for aerospace, defense, and medical applications, focusing on high-performance, reliability, and extended operational life. |
| Regal Rexnord Corporation | Provides innovative SRMs for HVAC, refrigeration, and power tools, emphasizing cost-effectiveness, operational efficiency, and long-term energy savings. |
Key Company Insights
Nidec Corporation
Nidec Corporation is an esteemed company that is popularly known as the market leader for the manufacture of switched reluctance motors. These motors are used in a wide variety of products such as automobiles, industrial robots, and HVAC. The company aims to establish its presence in the electric mobility market by setting up a new generation of SRM solutions for electric vehicles, which are extremely efficient and long-lasting.
Innovation is a core component of Nidec's strategy, and with the support of significant R&D investment, the company can remain competitive in the SRM business. Besides, Nidec is putting funds in AI that will drive motor optimization to enhance industrial applications in terms of efficiency and predictive maintenance.
ABB Ltd.
ABB Ltd., a major player in the industry of SRM, is selling a wide range of motors that are used both in industrial as well as commercial operations. The company has entered the energy-efficient sector by utilizing its knowledge in technology and the smart motor system to produce SRMs that have high-performance, low-power consumption, and make the system operate better.
ABB also integrates digital automation and predictive maintenance inside the motor solutions that it sells, thereby ensuring the things work properly and are in the perfect operational condition. The company is not just focused on sustainability; it is also researching ways to produce SRMs by using green materials and energy-saving production technologies.
Siemens AG
Siemens AG is a recognized provider of motor technologies such as switched reluctance motors. The company is involved in industrial automation, transportation, and renewable energy sectors with the incorporation of digital tools in its SRM solutions.
Siemens is a company that is keen on participating in smart factory schemes, this is because smart electrical machines including SRMs are important in improving operational efficiency and reducing energy usage. Siemens is also looking into hybrid motor technology and automatic control systems driven by AI to further emphasize the dynamic nature of SRMs in the industrial sector.
AMETEK Inc.
AMETEK Inc. is a business that focuses on high-quality commercial and military switched reluctance motor products for aerospace, medical, and defense applications. The company is the first priority of reliability and precision engineering, which is why AMETEK motors are the most suitable for extreme environments.
AMETEK is working on the next generation of motor designs that provide better thermal management while reducing electromagnetic interference with industry standards in mind. The business is even designing modular motors which create flexibility and allow integration with advanced control systems.
Regal Rexnord Corporation
Regal Rexnord Corporation is committed to innovative energy-saving SRMs for HVAC, refrigeration, and power tools. The main focus of the company is on efficient manufacturing which will drive down the costs of production and keep the superior motor performance intact.
Regal Rexnord is constantly upgrading motor technology, concentrating on sustainability, and cutting operational costs for its clients in the commercial, and residential sectors. Aside from that, the company is also working on the electrification of power tools and smart appliances to increase its market share.
The global switched reluctance motors market is projected to reach USD 637.5 million by the end of 2025.
The market is anticipated to grow at a CAGR of 6.3% over the forecast period.
By 2035, the switched reluctance motors market is expected to reach USD 1,174.3 million.
The Electromechanical Brake System segment is expected to hold a significant share due to the growing adoption of electric mobility, increasing fuel efficiency concerns, and the rising need for cost-effective and efficient motor solutions in automotive applications.
Key players in the switched reluctance motors market include Nidec Corporation, AMETEK Inc., , Shandong Kehui Power Automation, and Regal Rexnord Corporation.
In terms of Product Type, the industry is divided into Single Phase, Double Phase, Triple Phase, and Multi-Phase.
In terms of Application, the industry is divided into Electromechanical Brake System, Fuel Pump, Electric Power Steering, Vacuum Blowers, and Others.
The report covers key regions, including North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia, and the Middle East and Africa (MEA).
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Switched reluctance Motors Market
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