AC motors segment By Motor Type held the highest revenue share in Australia Electric Motor Market -6Wresearch
In 2024, AC motors secured a significant revenue share in the Australian electric motor market, driven by their high demand in HVAC systems. Moreover, Australia’s emphasis on renewable energy further propelled market growth, as AC motors play a crucial role in wind and hydro turbines. This trend is expected to continue in the coming years, supported by the country’s ongoing rapid industrialization.
According to 6Wresearch, Australia Electric Motor Market is projected to grow at a CAGR of 4.2% from 2025-2031F. Australia's electric motor market has experienced significant growth, driven by rising demand across sectors such as industrial, HVAC, automotive, consumer appliances, and renewable energy. The rapid adoption of electric vehicles (EVs), with new purchases more than doubling in 2023 compared to the previous year, has been a key factor. By the end of 2023, the number of EVs on Australian roads exceeded 180,000, supported by government incentives and infrastructure investments. Additionally, the country's 27 appliance factories, including 15 large-scale facilities, produce essential household and commercial products, further increasing the need for electric motors. The growth of renewable energy, reaching 35% in 2023, also fueled demand for motors in wind turbines, hydroelectric plants, and other renewable energy applications.
According to Sumit, Senior Research Analyst, 6Wresearch, the integral output type continued to hold the largest revenue share in the Australian electric motor market, driven by increasing awareness of energy conservation, as these motors offer high energy efficiency. Additionally, industries are increasingly adopting these motors to reduce electricity costs and overall operational expenses. The demand for integral output type motors remains strong, supported by their critical role in wind and hydro turbines for power generation, and this trend is expected to persist throughout the forecast period.
Australia Electric Motor Market (2025-2031) report provides an in-depth analysis with 22 figures and 5 tables, covered in 71 pages. The report thoroughly covers market by Motor Type, Output, Voltage and Industries. Australia Electric Motor Market outlook report provides an unbiased and detailed analysis of the on-going Australia Electric Motor Market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
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