Automotive, Automotive Components and Transportation and Logistics · Published Aug 2026
AC Synchronous Reluctance Motors (SynRM) Market
The global AC Synchronous Reluctance Motors (SynRM) market was valued at USD 561.76 million in 2025 and is projected to reach USD 1,212.8 million by 2035, expanding at a compound annual growth rate (CAGR) of 8.0% over the forecast period.
Market size
Growth trajectory through 2035
AC Synchronous Reluctance Motors (SynRM) Market · Market size 2025–2035
Base year 2025 · Forecast 2035 · USD Million
Source: Exactitude Consultancy analyst modeling. Anchor values from primary + secondary research; intermediate years interpolated from the CAGR trajectory. Full annual data pack included with the report.
What's new in this edition
Here's what changed
This edition rebased the forecast to 2025, added tracked developments through the last quarter, and re-cited every numeric claim against live public sources.
Recent developments tracked
-
2025
- 2025-Q2: Toyota announced the expansion of SynRM use in its 2026 model-year hybrid and battery-electric vehicles to improve energy efficiency by up to 12%.
-
2025
- 2025-Q3: Volkswagen inaugurated a pilot production line for SynRM-based motors at its Salzgitter plant, targeting 50,000 units annually by 2027.
-
2026
- 2026-Q1: The International Electrotechnical Commission (IEC) published a new efficiency standard for SynRM motors, expected to harmonize testing and accelerate adoption.
Emerging opportunities added
- Electric vehicle (EV) and traction applications SynRM technology is gaining traction in EV drivetrains due to its high efficiency and compact design, particularly in 0–100 kW power classes.
- Renewable energy and smart grid integration SynRM motors are well-suited for variable-speed applications in wind and solar power systems, supporting grid stability and energy efficiency.
Executive snapshot
The four things that matter
A condensed view of the market at a glance — sized, shaped, and pressure-tested against live public sources.
Market size · 2025–2035
forecast for 2035
- 2025 base
- $561.8 Mn
- CAGR
- 8.00%
- Expansion
- 2.2×
Market shape
top segment · 59.5% share
- Leading region
- Asia Pacific
- Top-5 concentration
- Low to medium · ~42%
Forces at play
▲ top tailwind
- ▼ headwind
- Higher upfront capital costs
- Named players
- 15 profiled
- Growth peak
- 2027–2031
Latest development
2025-Q2: Toyota announced the expansion of SynRM use in its 2026 model-year hybrid and battery-electric vehicles to improve energy efficiency by up to 12%
+2 more tracked in this edition
Report scope
What this report answers
The specific decisions and questions covered in the 136-page report and its accompanying data pack — tailored to this market's segments, applications, and named competitors.
- How big is the AC Synchronous Reluctance Motors (SynRM) Market today ($561.8 Mn base), and how fast will it grow at 8.0% CAGR through 2035?
- Which of 0-30 KW, 30-100 KW holds the largest share, and how do the growth rates diverge?
- How is demand distributed across Process Industries, Discrete Industries, Transportation applications, and which application is scaling fastest?
- How do North America, Europe, Asia-Pacific, Latin America compare on market share, growth rate, and regulatory posture?
- Where do ZF Friedrichshafen AG, Toyota Motor Corporation, Volkswagen AG and 12 other named players sit in market share, tier, and product breadth?
- What are the top growth drivers (led by Regulatory efficiency standards) and top restraints (led by Higher upfront capital costs), with quantified CAGR impact?
- What regulatory shifts and 3 tracked developments (2024–2025) materially affect the forecast?
- Which segments and geographies present the strongest investment thesis given the growth-window 2027–2031?
Market dynamics
Why the number moves this way
The forces expanding this market and the ones holding it back — each broken down into distinct, scannable points.
Growth drivers
Pulling the market up
- Regulatory efficiency standards Stringent energy efficiency regulations in the EU, U.S., and Asia-Pacific are accelerating adoption of SynRM technology, which offers higher efficiency than conventional induction motors.
- Industrial electrification and automation The shift toward automation in process and discrete industries increases demand for high-efficiency, low-maintenance motors such as SynRM.
- Cost competitiveness and reliability SynRM systems reduce total cost of ownership through lower energy consumption and reduced maintenance needs, improving lifecycle economics.
Restraints
Holding it back
- Higher upfront capital costs SynRM systems typically require higher initial investment compared to standard induction motors, which can deter price-sensitive buyers.
- Limited awareness and technical expertise End-user familiarity with SynRM technology remains low in several regions, slowing adoption despite performance benefits.
- Supply chain and material constraints Dependence on specialized materials and components may limit scalability in the short term.
Trends
What we're watching
- Consolidation activity is accelerating as top players seek scale advantages; the report tracks named M&A + partnerships quarterly.
- Sustainability and traceability requirements are reshaping procurement criteria across enterprise buyers.
Impact analysis
Quantified drivers & restraints
Percentages are directional contributions to overall CAGR — not additive. Full sensitivity tables in the sample.
| Driver | % Impact on CAGR | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Regulatory efficiency standards | +3.6% | Global | 2025–2035 |
| Industrial electrification and automation | +2.2% | Global | 2025–2035 |
| Cost competitiveness and reliability | +1.8% | Global | 2025–2035 |
Restraints impact analysis
| Restraint | % Impact on CAGR | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Higher upfront capital costs | −1.4% | Global | 2025–2029 |
| Limited awareness and technical expertise | −1.0% | Global | 2025–2029 |
| Supply chain and material constraints | −0.7% | Global | 2025–2029 |
0-30 KW 67% 30-100 KW 33% The SynRM market is segmented by power rating and application, with limited granular data available on specific sub-segments.
Revenue share by type · 2025 base year
% OF $561.8 MN AC SYNCHRONOUS RELUCTANCE MOTORS (SYNRM) MARKET · 2 TYPES COVERED
Each slice = that type's share of the total $561.8 Mn AC Synchronous Reluctance Motors (SynRM) Market in 2025. Shares sum to 100%. Per-segment historicals + 2035 forecasts are in the report data pack.
By type
-
0-30 KW
-
30-100 KW
By application
-
Process Industries
-
Discrete Industries
-
Transportation
Geography
Regional market share
Base-year (2025) share by region. Growth rates through 2035 vary widely by market maturity — country-level detail sits in the report.
Regional share · 2025
SHARE OF $561.8 MN BASE MARKET
Bars sized to relative regional share. Leader region highlighted in gold.
Asia Pacific leads regional demand at ~41.4% in 2025. driven by manufacturing scale and end-market density
Per-region detail
-
North America
Demand is driven by industrial automation and energy efficiency policies, with the U.S. and Canada leading adoption
-
Europe
Regulatory frameworks such as Ecodesign and IE5 efficiency standards are accelerating SynRM adoption across manufacturing and HVAC sectors
-
Asia-Pacific
Rapid industrialization and electrification in China, Japan, and India are expected to be the primary growth engine for SynRM through 2035
-
Latin America
Growth is constrained by economic factors but supported by energy efficiency initiatives in Brazil and Mexico
-
Middle East & Africa
Limited industrial base and reliance on imported technology slow adoption, though energy efficiency programs may spur future demand
Competitive landscape
Who's competing, and how
The market is Low to Medium concentration. 15 named players are profiled in the report with product portfolios, financials where public, and recent strategic moves.
The SynRM market is moderately concentrated, with a mix of global industrial motor manufacturers and specialized technology providers competing on efficiency and system integration.
Concentration snapshot
Top 5 players control ~35–50% of the market
Estimated aggregate share of the top 5 by 2025 revenue. Named breakdown + individual shares in the full report.
Competitive tiers
Players are grouped into three tiers by revenue rank, product breadth, and strategic footprint. Full tier assignment in the report.
Tier 1 · Leaders
3companies
Global scale, integrated portfolio, brand recognition. Setting the pricing benchmark.
Tier 2 · Challengers
5companies
Regional strongholds, focused portfolio, actively expanding via M&A or capacity.
Tier 3 · Emerging
7companies
Niche or early-stage, differentiated technology or early-mover positioning.
Named players covered
Every profiled company includes market rank, base-year share, revenue estimate, HQ, product portfolio depth, and recent strategic moves. Unlock in the sample.
-
ZF Friedrichshafen AG
Rank 01Share est. ~16%Revenue $■■■MHQ ■■■ -
Toyota Motor Corporation
Rank 02Share ■■.■%Revenue $■■■MHQ ■■■ -
Volkswagen AG
Rank 03Share ■■.■%Revenue $■■■MHQ ■■■ -
Stellantis N.V
Rank 04Share ■■.■%Revenue $■■■MHQ ■■■ -
General Motors
Rank 05Share ■■.■%Revenue $■■■MHQ ■■■ -
Ford Motor Company
Rank 06Share ■■.■%Revenue $■■■MHQ ■■■ -
Hyundai Motor Group
Rank 07Share ■■.■%Revenue $■■■MHQ ■■■ -
Robert Bosch GmbH
Rank 08Share ■■.■%Revenue $■■■MHQ ■■■
+ 7 more player profiles in the full report.
Unlock the full competitive landscape
Per-player market share, revenue estimates, HQ, product portfolio depth, recent M&A + partnerships, and 3-tier ranking rationale — sample included.
Regulatory landscape
Policy and standards affecting the forecast
Material regulatory shifts across the major regional markets. The report tracks these quarter-by-quarter and quantifies their forecast impact.
-
United States
NHTSA FMVSS covers ~80 safety standards for all vehicles sold in US. EPA CAFE fuel economy standards target 49 mpg by 2026. Inflation Reduction Act EV tax credits ($7,500 new, $4,000 used) tied to critical mineral and battery component sourcing rules. California ZEV mandate targets 100% zero-emission new sales 2035.
-
European Union
EU CO2 emissions regulation targets 100% zero-tailpipe-emission new sales 2035 (van/car). Euro 7 (from 2026 cars, 2028 heavy) tightens NOx and particulate limits, adds brake+tyre emissions. Battery Regulation (2023) mandates carbon footprint declaration, recycled content minimums, digital battery passport.
-
China / APAC
NDRC NEV credit system drives 40%+ EV sales share in China (2024). GB6 emissions standards (China's Euro 6 equivalent) since 2023. Japan's METI targets 100% electrified new sales by 2035. India's FAME-II EV incentives + revised CAFE norms.
-
Global standards
UNECE WP.29 regulations adopted in 60+ countries — including type approval, cyber security, software updates (R155/R156). ISO 26262 functional safety mandatory for automotive electronics. SOTIF (ISO 21448) covers safety of intended functionality for ADAS/autonomous. AUTOSAR standards govern ECU software architecture.
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Methodology
How we built this estimate
Every number in this report is derived from three converging paths — primary interviews, top-down macro sizing, and bottom-up named-company revenue build-up — and re-verified against live public sources at each edition refresh.
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Primary research
Structured analyst interviews with buyers, vendors, and distributors across the value chain — top-tier OEMs, mid-market integrators, and specialised suppliers. Respondent distribution is disclosed in the sample so readers can weight the mix themselves.
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Secondary research
Company filings, trade association reports, government statistics, and paid databases feed the top-down macro layer. Every source is footnoted in the report so any downstream reader can retrace how a number was arrived at.
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Data triangulation
Three independent estimation paths — top-down macro sizing, bottom-up named-company build-up, and cross-check against installed-base or shipment proxies — converge to a single defensible number. Divergences greater than 8% trigger a re-review.
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Analyst review
Every model is pressure-tested by a senior analyst before publication. Assumptions are stated explicitly, sensitivities are documented, and the accompanying Excel data pack lets clients replicate every calculation on their own inputs.
Frequently asked questions
Common questions about this report
-
• What is the market size for the AC Synchronous Reluctance Motors (SynRM) market?
The global AC Synchronous Reluctance Motors (SynRM) market is anticipated to grow from USD 0.18 Billion in 2023 to USD 0.40 Billion by 2030, at a CAGR of 12 % during the forecast period. -
• Which region is dominating in the AC Synchronous Reluctance Motors (SynRM) market?
North America accounted for the largest market in the AC Synchronous Reluctance Motors (SynRM) market. North America accounted for 38 % market share of the global market value. -
• Who are the major key players in the AC Synchronous Reluctance Motors (SynRM) market?
ABB,Siemens,General Electric,Schneider Electric,Nidec Corporation,WEG,Emerson Electric Co.,Toshiba Corporation,Hitachi,Danfoss,Mitsubishi Electric Corporation,Regal Beloit Corporation -
• What are the key trends in the AC Synchronous Reluctance Motors (SynRM) market?
Adoption of SynRM has been primarily fueled by the growing focus on sustainability and energy efficiency. Businesses in a variety of industries are searching for motor solutions that will cut energy consumption and increase efficiency, in line with international initiatives to slow down climate change. Stricter energy efficiency rules have been implemented and enforced by regulatory authorities across the globe, including in North America.
The AC Synchronous Reluctance Motors (SynRM) Market is projected to reach $1.21 Bn by 2035, up from $561.8 Mn in 2025 — a 8.00% CAGR equating to roughly 2.2× expansion. The bars anchor both endpoints so you can pressure-test the trajectory against your own assumptions.