The global Electric Motor for Household Appliances Market size was valued at USD 7.33 billion in 2024 and is predicted to reach USD 9.90 billion by 2030 with a CAGR of 5.1% from 2025-2030.
The growing government initiatives to reduce carbon emission across the globe forces manufacturers to adapt technologies and manufacture products that are sustainable and easy to use that in turn drives the growth of the electric motor for household appliance market. However, the high initial cost for advanced and efficient motors hinders the growth of the market. On the contrary, introduction of brushless DC motors is anticipated to create future opportunity for the growth of the market.
Additionally, the top players operating in the market include EBM-Papst and Johnson Electric Holdings Limited are adopting various business strategies including product launch and investment to maintain their market presence and expand their product offering. With the introduction of brushless DC motors the market is set for further revolution as these motors are designed to create less noise and are also environmental friendly.
The rising government regulations to reduce carbon emissions across the globe drives the demand for energy-efficient solutions including electric motor. As these regulations become more stringent, manufacturers develop and adopt advanced technologies that enhance energy efficiency, driving the growth of the market.
A report by the United Nations claims that rate of emission of carbon is high, and this calls for serious measures to curb the emissions. Counterpart about 140 countries such as, China, USA, India, and the EU have added their voices and became the member of the Race to Zero campaign. This initiative seeks to pursue this with great intensity and straight away to cut the global emissions by 2030. This global effort to reduce carbon emission drives the electric motor for household appliances market demand for advanced energy-efficient solutions, including electric motors.
The rising disposable income is driving the growth of the electric motor market for household appliances as consumers disposable income increases, they invest in advanced, energy-efficient appliances with improved electric motors. This increased purchasing power boosts demand for electric motors that enhance the efficiency and performance of household devices.
According to the report published by the Organisation for Economic Co-operation and Development, the average disposable income in the U.S. is around USD 69 392 per year, and in UK it is around USD 47 147 per year. The surge in disposable income of person drives the demand for consumer investment in energy-efficient appliances.
The growing focus on energy efficiency drives the growth of the market as consumers and manufacturers prioritize reducing energy consumption, there is an increased need for electric motors that enhance the efficiency of devices such as refrigerators and washing machines.
High initial cost of advanced energy-efficient motors hinders the growth of the market as it becomes unaffordable to the people with lower income group.
Introduction of brushless DC motors in household appliances is expected to create ample opportunities in the coming years for electric motors for household appliances market due to their higher energy-efficiency and noiseless operation.
The electric motor for household appliances market report is segmented on the basis of type, voltage, power output, application, and geography. On the basis of type, the market is divided into AC motors and DC motors. On the basis of voltage, the market is classified into 50V, 50V-120V, and above 120V. On the basis of power output, the market is segmented into 500W and above 500W. On the basis of application, the market is divided into refrigerators, ovens, washing machines, vacuum cleaners, electric fans, range hoods, tumble dryers, wash dryers, and freezers. Regional breakdown and analysis of each of the aforesaid segments include regions comprising North America, Europe, Asia-Pacific, and RoW.
The Asia-Pacific region holds the significant in electric motor for household appliances market share; it is highly expected to prevail during the projection period, followed by rapid growth in urbanization and the local economy in that region. Expansion of cities is rapidly increasing demands for efficient and effective household appliances.
State Council of the People's Republic of China mentioned in March 2022 that this sector, i.e. of household appliance sector, has surpassed all the others and its demand for high-energy-efficient appliances is rising enormously in the country.
Among others, enhanced government measures to cut carbon emissions in this region stimulate the growth of the market as these initiatives enhance the installation of efficient technologies, such as advanced electric motors, which keep up with strict environmental requirements and reduce carbon footprints in general.
As stated in the report issued by the Ministry of Science & Technology, India is set to meet its short-term and long-term targets in the Panchamrit action plan, including 500 GW of non-fossil fuel energy, renewable energy for half its needs, 1 billion tons CO2 emission reduction, 45% carbon intensity reduction by 2030, and Net-Zero emissions by 2070. All such emission-reducing initiatives done by the government increase the requirement of highly efficient electric motors used in appliances to be applied to households, further increasing market growth.
However, electric motors in household appliances within the North America region are predicted to grow progressively over the same period because people will continue embracing more home appliances such as ovens, refrigerators, and washing machines.
House appliances have acquired the biggest customers in the United States and the country is recording over 8 million sales of refrigerators yearly. The surge in demand for the home appliance boosts the need for electric motor to support the smooth operation and performance of these energy intensive devices.
Moreover, the rising disposable income in the region drives the electric motor for household appliances market growth of the industry as an upward trend in income, consumers are more inclined to purchase advanced electric appliances that includes top quality motors.
The average disposable income in Canada is accounted for USD 55 342 per year according to the report by the Organisation for Economic Co-operation and Development. This is indicated by an upward trend in disposable income, signifying the requirement of efficient electric motors.
Various key players operating in the electric motors for household appliances industry include Ebm-Papst, Johnson Electric Holdings Limited, Nichibo DC Motor, Nidec Motor Corporation, CG Power & Industrial Solutions Limited, ABB Ltd., Siemens, MinebeaMitsumi Inc., Panasonic Corporation, Dumore Corporation, AMETEK.Inc., Kirloskar Electric Company, Regal Rexnord Corporation, Bharat Bijlee Limited, Bonfiglioli Transmissions Private Limited, and others. These companies are adopting various strategies such as product launches and investments for the expansion of business to remain dominant in the market.
In November 2022, EBM-Papst invested USD 30 million to open a new plant for energy-efficient fans and motors for household appliances like refrigeration and ventilation.
In March 2022, Johnson Electric launched the ECI 043 BLDC motor for automotive, industrial, and consumer products, featuring high efficiency and low noise.
The electric motor for household appliances market report provides the quantitative analysis of the current market and estimations from 2025 to 2030. This analysis assists in identifying the prevailing market opportunities to capitalize on.
The study comprises of a detailed analysis of the current and future electric motor for household appliances market trends for depicting the prevalent investment pockets in the industry.
The information related to key drivers, restraints, and opportunities and their impact on the electric motor for household appliances market is provided in the report.
The competitive analysis of the market players along with their market share in the electric motor for household appliances market is mentioned.
The SWOT analysis and Porter’s Five Forces model are elaborated in the study.
The value chain analysis in the market study provides a clear picture of the stakeholders’ roles.
AC Motors
DC Motors
Up to 50V
50V-120V
Above 120V
Up to 500W
Above 500W
Refrigerator
Oven
Washing Machine
Vacuum Cleaner
Electric Fan
Range hood
Tumble Dryer
Wash Dryer
Freezer
North America
The U.S.
Canada
Mexico
Europe
The UK
Germany
France
Italy
Spain
Denmark
Netherlands
Finland
Sweden
Norway
Russia
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Singapore
Taiwan
Thailand
Rest of Asia-Pacific
RoW
Latin America
Middle East
Africa
Ebm-Papst
Johnson Electric Holdings Limited
Nichibo DC Motor
Nidec Motor Corporation
CG Power & Industrial Solutions Limited
ABB Ltd.
Siemens
MinebeaMitsumi Inc.
Panasonic Corporation
Dumore Corporation
AMETEK.Inc.
Kirloskar Electric Company
Regal Rexnord Corporation
Bharat Bijlee Limited
Bonfiglioli Transmissions Private Limited
REPORT SCOPE AND SEGMENTATION
Parameters |
Details |
Market Size in 2024 |
USD 7.33 billion |
Revenue Forecast in 2030 |
USD 9.90 billion |
Growth Rate |
CAGR of 5.1% from 2025 to 2030 |
Analysis Period |
2024–2030 |
Base Year Considered |
2024 |
Forecast Period |
2025–2030 |
Market Size Estimation |
Billion (USD) |
Growth Factors |
|
Countries Covered |
28 |
Companies Profiled |
15 |
Market Share |
Available for 10 companies |
Customization Scope |
Free customization (equivalent to up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope. |
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. |