The global IE4 permanent magnet synchronous motors market size reached USD 177.0 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 328.9 Million by 2033, exhibiting a growth rate (CAGR) of 7.1% during 2025-2033. The surging environmental concerns, growing need for superior machine control, and rising adoption of green technologies represent some of the key factors driving the market.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024
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USD 177.0 Million |
Market Forecast in 2033
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USD 328.9 Million |
Market Growth Rate 2025-2033 | 7.1% |
IE4 permanent magnet synchronous motors are premium efficiency class motors that rely on permanent magnets as rotors to generate field poles. They are three-phase design motors with low eddy current losses and high inherent efficiency. They produce an efficiency of 85.5% for a 1 HP motor with 1800 RPM having a synchronous assembly. They are commonly used in the manufacturing of electrical equipment that consumes fewer resources and creates maximum output. They aid in improving the cost and energy efficiency while reducing the human effort required to complete various tasks. They also offer higher torque and power density, better performance, reliability, less noise, low rotor inertia, efficient heat dissipation, and excellent power factor at all loads. As a result, IE4 permanent magnet synchronous motors are extensively utilized in robotics, machine tools, actuators, industrial fans, pumps, compressors, and other mechanical applications.
Nowadays, there is a rise in the use of IE4 permanent magnet synchronous motors as they assist in lowering energy consumption and minimizing carbon dioxide (CO2) emissions. Along with this, the escalating demand for higher efficiency motors and the surging environmental concerns worldwide, represents another factor driving the market. Additionally, IE4 permanent magnet synchronous motors are rapidly gaining traction in robotic processes due to numerous factors, such as speed, acceleration, torque requirements, control, and angular movements. In line with this, the growing need for superior machine control has accelerated the installation of IE4 motors for improved equipment performance and efficiency. Besides this, the increasing product adoption in material handling equipment, compressed air, HVAC, refrigerators, pumps, and ventilation systems has catalyzed the market growth. Furthermore, the shifting inclination toward green technologies like IE4 permanent magnet synchronous motors owing to their superior benefits over standard motors, such as low fan losses and high-quality insulation and lamination, has propelled the market growth. Apart from this, the emerging industrial and commercial applications of IE4 permanent magnet synchronous motors to decrease overall production costs and promote energy saving are driving the market further. Other factors, including the implementation of supportive government policies, growing concerns regarding depleting power generation sources, continual product innovations, and technological advancements, are also creating a favorable market outlook.
IMARC Group provides an analysis of the key trends in each segment of the global IE4 permanent magnet synchronous motors market, along with forecasts at the global, regional, and country levels from 2025-2033. Our report has categorized the market based on product and application.
Product Insights:
The report has provided a detailed breakup and analysis of the IE4 permanent magnet synchronous motors market based on the product. This includes <20 kW, 20–200 kW, and >200 kW. According to the report, 20–200 kW represented the largest segment.
Application Insights:
A detailed breakup and analysis of the IE4 permanent magnet synchronous motors market based on the application has also been provided in the report. This includes material handling, liquid pumps, fans and ventilation, cooling compressors, air compressors and vacuum pumps, blowers, and coolers. According to the report, air compressors and vacuum pumps accounted for the largest market share.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia-Pacific was the largest market for IE4 permanent magnet synchronous motors. Some of the factors driving the Asia-Pacific IE4 permanent magnet synchronous motors market included the rapid industrial growth, especially in developing countries, recent technological advancements, rising preferences for energy-efficient and high-performance motors, etc.
The report has also provided a comprehensive analysis of the competitive landscape in the global IE4 permanent magnet synchronous motors market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Altra Industrial Motion Corp. (Regal Rexnord Corporation), Bharat Bijlee Limited, Kienle + Spiess GmbH (Feintool), Lafert S.p.A. (Sumitomo Heavy Industries Ltd.), Merkes GmbH, Nidec Motor Corporation, NORD Drivesystems Pvt. Ltd., O.M.E. Motori Elettrici s.r.l., Oemer Motori Elettrici SpA, Toshiba Industrial Products and Systems Corporation (Toshiba Corporation), WEG Benelux S.A., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Products Covered | <20 kW, 20–200 kW, >200 kW |
Applications Covered | Material Handling, Liquid Pumps, Fans and Ventilation, Cooling Compressors, Air Compressors and Vacuum Pumps, Blowers, Coolers |
Regions Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered | Altra Industrial Motion Corp. (Regal Rexnord Corporation), Bharat Bijlee Limited, Kienle + Spiess GmbH (Feintool), Lafert S.p.A. (Sumitomo Heavy Industries Ltd.), Merkes GmbH, Nidec Motor Corporation, NORD Drivesystems Pvt. Ltd., O.M.E. Motori Elettrici s.r.l., Oemer Motori Elettrici SpA, Toshiba Industrial Products and Systems Corporation (Toshiba Corporation), WEG Benelux S.A., etc. |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global IE4 permanent magnet synchronous motors market was valued at USD 177.0 Million in 2024.
We expect the global IE4 permanent magnet synchronous motors market to exhibit a CAGR of 7.1% during 2025-2033.
The rising demand for IE4 permanent magnet synchronous motors in robotics, machine tools, actuators, etc., as they offer higher torque and power density, better performance, reliability, less noise, low rotor inertia, etc., is primarily driving the global IE4 permanent magnet synchronous motors market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of numerous end-use industries for IE4 permanent magnet synchronous motors.
Based on the product, the global IE4 permanent magnet synchronous motors market has been segregated into <20 kW, 20–200 kW, and >200 kW. Among these, 20–200 kW currently holds the largest market share.
Based on the application, the global IE4 permanent magnet synchronous motors market can be bifurcated into material handling, liquid pumps, fans and ventilation, cooling compressors, air compressors and vacuum pumps, blowers, and coolers. Currently, air compressors and vacuum pumps exhibit a clear dominance in the market.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.
Some of the major players in the global IE4 permanent magnet synchronous motors market include Altra Industrial Motion Corp. (Regal Rexnord Corporation), Bharat Bijlee Limited, Kienle + Spiess GmbH (Feintool), Lafert S.p.A. (Sumitomo Heavy Industries Ltd.), Merkes GmbH, Nidec Motor Corporation, NORD Drivesystems Pvt. Ltd., O.M.E. Motori Elettrici s.r.l., Oemer Motori Elettrici SpA, Toshiba Industrial Products and Systems Corporation (Toshiba Corporation), WEG Benelux S.A., etc.