Market Forecast By Motor Type (Alternate Current (AC) Motor, Direct Current (DC) Motor, Hermetic Motor), By Output Power, By Voltage Range (9 V & Below, 10-20 V, 21-60 V, 60 V & Above), By Application (Industrial machinery, Motor vehicles, Heating, ventilating, and cooling (HVAC) equipment, Aerospace & transportation, Household appliances, Other), By Speed (RPM) (Low-Speed Electric Motors (Less Than 1,000 RPM), Medium-Speed Electric Motors (1,001-25,000 RPM), High-Speed Electric Motors (25,001-75,000 RPM), Ultrahigh-Speed Electric Motors (Greater Than 75,001 RPM)) And Competitive Landscape
Product Code: ETC041108 | Publication Date: Jan 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
According to 6Wresearch internal database and industry insights, The Singapore Electric Motor Market is projected to grow at a compound annual growth rate (CAGR) of 1.62% during the forecast period 2025-2031.
Report Name | Singapore Electric Motor Market |
Forecast Period | 2025-2031 |
CAGR | 1.62% |
Growing Sector | Smart Infrastructure & Green Manufacturing |
The Singapore Electric Motor Market report thoroughly covers the market by motor type, by output power, by voltage, by range, by application, and by speed (RPM). The market report provides an unbiased and detailed analysis of ongoing market trends, opportunities/high growth areas, and market drivers, which would help stakeholders to devise and align their market strategies according to the current and future market dynamics.
Singapore Electric Motor Market is seeing notable growth over the years as the nation’s is shifting toward smart infrastructure, sustainable transportation, and energy-efficient technologies. The role of Singapore role as a logistics and technology hub further stimulates the demand for motors in data centres, cold storage, and precision machinery.
Below mentioned some major drivers and their impacts on the market dynamics:
Driver | Primary Segments Affected | Why it Matters |
Smart Nation & Industry 4.0 Programs | Industrial machinery, Motor vehicles | Government-backed smart factories and robotics integration accelerate adoption of precision and energy-efficient motors. |
Green Plan 2030 & Building Retrofits | HVAC, Household appliances | National decarbonization targets mandate high-efficiency motors in cooling systems and large-scale commercial retrofits. |
Electric Mobility Push | Motor vehicles, Aerospace & transportation | EV incentives and trials of electric buses boost the demand for traction motors and charging infrastructure. |
Data Centre & Tech Infrastructure | Industrial machinery, HVAC | Singapore is rising as a data hub with growing demand for cooling motors and UPS systems for uninterrupted operations. |
Marine & Offshore Innovation | Industrial machinery, Other | Port equipment and offshore vessels are electrified and increases the reliance on high-durability motors. |
Singapore Electric Motor Market size is anticipated to rise at a CAGR of 1.62% during the forecast period 2025-2031. Smart cities of Singapore is expanding steadily as the government started focusing on sustainability, and rapid digital infrastructure growth are majorly contributing in the huge demand. Aside from these, public and private investments are increased, energy efficiency, EV adoption, and advanced manufacturing strengthen the market outlook.
Below mentioned some restraints and their influence on the market dynamics:
Restraint | Primary Segments Affected | What this means |
High Cost of Smart Motors | HVAC, Industrial machinery | VFD-integrated IE4 motors have high upfront costs, slowing adoption among smaller firms. |
Import Dependency | All segments | Limited domestic production base leads to reliance on international OEMs, lengthening delivery cycles. |
Tight Space Constraints | Logistics, Industrial machinery | Singapore’s dense urban environment requires compact high-performance motors, limiting larger installations. |
Talent Shortages in Robotics & Drives | Industrial machinery, Utilities | Scarcity of engineers with expertise in IoT-linked drives delays adoption of automation projects. |
Regulatory Compliance Burden | HVAC, Utilities | Strict building energy codes raise costs for SMEs struggling with compliance and retrofits. |
Singapore Electric Motor Market is dealing with major challenges which include the dependency on imports, limited land for large-scale manufacturing, and slow affordability of ultra-efficient IE4/IE5 motors among SMEs. These challenges may lead to the country's dependence on imported products, make it challenging to control quality and prices. Further, project delays in commercial retrofits and stringent compliance checks also reduce the pace of adoption. Furthermore, lack of skilled engineers in advanced drives and robotics integration affects automation projects.
Some major trends emerging in the market are:
There are some lucrative opportunities in the Singapore Electric Motor Industry include:
List of some leading players in the Singapore Electric Motor Market are:
Company Name | ABB |
Established Year | 1988 |
Headquarters | Zürich, Switzerland |
Official Website | Click Here |
This company provides a range of IE2–IE4 motors, robotics, and automation systems widely deployed in smart factories, utilities, and building retrofits in Singapore.
Company Name | Siemens |
Established Year | 1847 |
Headquarters | Munich, Germany |
Official Website | Click Here |
This company offers digital-ready motors, servo systems, and industrial drives tailored for Industry 4.0 adoption and data centre automation in Singapore.
Company Name | Nidec Corporation |
Established Year | 1973 |
Headquarters | Kyoto, Japan |
Official Website | Click Here |
This company specializes in precision small motors for robotics, electronics, and EV applications, with strong presence in Singapore’s semiconductor sector.
Company Name | Schneider Electric |
Established Year | 1836 |
Headquarters | Rueil-Malmaison, France |
Official Website | Click Here |
This company delivers integrated building automation solutions, including motors and drives, widely used in commercial HVAC and energy-efficient retrofits.
Company Name | Toshiba Mitsubishi-Electric Industrial Systems (TMEIC) |
Established Year | 2003 |
Headquarters | Tokyo, Japan |
Official Website | Click Here |
This company supplies large-capacity motors and drives for utilities, marine electrification, and advanced industrial facilities in Singapore.
According to Singaporean Government Data, strict energy efficiency standards are set through initiatives in the Singapore Electric Motor Market such as the Building and Construction Authority (BCA) Green Mark Scheme, which mandate the high-efficiency motors in new buildings. The Land Transport Authority (LTA) supports EV adoption by funding electric buses and charging networks. The Maritime and Port Authority (MPA) incentivize electrification of port cranes and ships to align with decarbonization targets. Further, Green Plan 2030 project, subsidies and tax allowances to encourage businesses for adopting the efficient IE3/IE4 motors and automation systems.
The future of Singapore electric motor market is expected for neutral growth. As the adoption of smart manufacturing, green mobility, and advanced HVAC retrofits is growing steadily, the market is continued to grow. Integration of IoT-based controls, digital twins, and predictive maintenance will become standard. EV expansion, data centre cooling, and marine electrification will remain strong growth drivers, while OEMs strengthen regional supply hubs to reduce import dependency.
According to Vasu, Senior Research Analyst, 6Wresearch, 1-100 kW segment motor is expected to dominate the market with supporting applications in mid-size industries, robotics lines, and commercial HVAC systems. Apart from this, sub-1 kW motors serve the electronics and appliances, and >100 kW units are mainly used in data centres and marine propulsion.
High-voltage motors (>60 V) are likely to dominate as they are critical for utilities, offshore equipment, data centres, and smart transportation systems. While low-voltage categories serve small appliances and electronics, Singapore’s infrastructure projects skew demand toward higher ranges.
AC motors are projected to hold the largest Singapore Electric Motor Market Share owing to their versatility, reliability, and integration with VFDs for energy-efficient operations. They are extensively deployed in HVAC systems, industrial drives, and logistics conveyors. Retrofits is growing under the Green Mark standards, AC motors gain a competitive edge over DC and hermetic motors.
Industrial machinery applications are expected to dominate due to Industry 4.0 roadmap of Singapore, which boosts adoption of automation, robotics, and precision engineering. HVAC remains a secondary but strong application, supported by data centre and commercial retrofits.
Medium-speed motors are projected to dominate the market owing to their extensive use in pumps, compressors, fans, and HVAC systems. They strike a balance between efficiency and cost, making them ideal for Singapore’s round-the-clock industrial and commercial facilities.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Singapore Electric Motor Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Electric Motor Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Electric Motor Market - Industry Life Cycle |
3.4 Singapore Electric Motor Market - Porter's Five Forces |
3.5 Singapore Electric Motor Market Revenues & Volume Share, By Motor Type, 2021 & 2031F |
3.6 Singapore Electric Motor Market Revenues & Volume Share, By Voltage Range, 2021 & 2031F |
3.7 Singapore Electric Motor Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Singapore Electric Motor Market Revenues & Volume Share, By Speed (RPM), 2021 & 2031F |
4 Singapore Electric Motor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Electric Motor Market Trends |
6 Singapore Electric Motor Market, By Types |
6.1 Singapore Electric Motor Market, By Motor Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Electric Motor Market Revenues & Volume, By Motor Type, 2021 - 2031F |
6.1.3 Singapore Electric Motor Market Revenues & Volume, By Alternate Current (AC) Motor, 2021 - 2031F |
6.1.4 Singapore Electric Motor Market Revenues & Volume, By Direct Current (DC) Motor, 2021 - 2031F |
6.1.5 Singapore Electric Motor Market Revenues & Volume, By Hermetic Motor, 2021 - 2031F |
6.2 Singapore Electric Motor Market, By Voltage Range |
6.2.1 Overview and Analysis |
6.2.2 Singapore Electric Motor Market Revenues & Volume, By 9 V & Below, 2021 - 2031F |
6.2.3 Singapore Electric Motor Market Revenues & Volume, By 10-20 V, 2021 - 2031F |
6.2.4 Singapore Electric Motor Market Revenues & Volume, By 21-60 V, 2021 - 2031F |
6.2.5 Singapore Electric Motor Market Revenues & Volume, By 60 V & Above, 2021 - 2031F |
6.3 Singapore Electric Motor Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Singapore Electric Motor Market Revenues & Volume, By Industrial machinery, 2021 - 2031F |
6.3.3 Singapore Electric Motor Market Revenues & Volume, By Motor vehicles, 2021 - 2031F |
6.3.4 Singapore Electric Motor Market Revenues & Volume, By Heating, ventilating, and cooling (HVAC) equipment, 2021 - 2031F |
6.3.5 Singapore Electric Motor Market Revenues & Volume, By Aerospace & transportation, 2021 - 2031F |
6.3.6 Singapore Electric Motor Market Revenues & Volume, By Household appliances, 2021 - 2031F |
6.3.7 Singapore Electric Motor Market Revenues & Volume, By Other, 2021 - 2031F |
6.4 Singapore Electric Motor Market, By Speed (RPM) |
6.4.1 Overview and Analysis |
6.4.2 Singapore Electric Motor Market Revenues & Volume, By Low-Speed Electric Motors (Less Than 1,000 RPM), 2021 - 2031F |
6.4.3 Singapore Electric Motor Market Revenues & Volume, By Medium-Speed Electric Motors (1,001-25,000 RPM), 2021 - 2031F |
6.4.4 Singapore Electric Motor Market Revenues & Volume, By High-Speed Electric Motors (25,001-75,000 RPM), 2021 - 2031F |
6.4.5 Singapore Electric Motor Market Revenues & Volume, By Ultrahigh-Speed Electric Motors (Greater Than 75,001 RPM), 2021 - 2031F |
7 Singapore Electric Motor Market Import-Export Trade Statistics |
7.1 Singapore Electric Motor Market Export to Major Countries |
7.2 Singapore Electric Motor Market Imports from Major Countries |
8 Singapore Electric Motor Market Key Performance Indicators |
9 Singapore Electric Motor Market - Opportunity Assessment |
9.1 Singapore Electric Motor Market Opportunity Assessment, By Motor Type, 2021 & 2031F |
9.2 Singapore Electric Motor Market Opportunity Assessment, By Voltage Range, 2021 & 2031F |
9.3 Singapore Electric Motor Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Singapore Electric Motor Market Opportunity Assessment, By Speed (RPM), 2021 & 2031F |
10 Singapore Electric Motor Market - Competitive Landscape |
10.1 Singapore Electric Motor Market Revenue Share, By Companies, 2024 |
10.2 Singapore Electric Motor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |