Synchronous Reluctance Motor (SynRM) Market Trends：the market size is projected to reach USD 0.47 billion

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Synchronous Reluctance Motor (SynRM) Market Trends：the market size is projected to reach USD 0.47 billion by 2031

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2025 latest report “Synchronous Reluctance Motor (SynRM)- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”. Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2025-2031), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.

The global market for Synchronous Reluctance Motor (SynRM) was estimated to be worth US$ 213 million in 2024 and is forecast to a readjusted size of US$ 471 million by 2031 with a CAGR of 12.2% during the forecast period 2025-2031.

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https://www.qyresearch.com/reports/4731382/synchronous-reluctance-motor--synrm

According to the new market research report “Synchronous Reluctance Motor (SynRM) - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”, published by QYResearch, the global Synchronous Reluctance Motor (SynRM) market size is projected to reach USD 0.47 billion by 2031, at a CAGR of 12.2% during the forecast period.

Figure00001. Global Synchronous Reluctance Motor (SynRM) Market Size (US$ Million)

Synchronous Reluctance Motor (SynRM)

Source: QYResearch, "Synchronous Reluctance Motor (SynRM) - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”

Figure00002. Global Synchronous Reluctance Motor (SynRM) Top 11 Players Ranking and Market Share (Ranking is based on the revenue of 2024, continually updated)

Synchronous Reluctance Motor (SynRM)

Source: QYResearch, "Synchronous Reluctance Motor (SynRM) - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”

According to QYResearch Top Players Research Center, the global key manufacturers of Synchronous Reluctance Motor (SynRM) include ABB, Danfoss, Siemens, KSB (REEL), etc. In 2024, the global top four players had a share approximately 69.0% in terms of revenue.

In terms of product type, currently 0-30 KW is the largest segment, hold a share of 53.2%.

In terms of product application, currently Process Industries is the largest segment, hold a share of 71.9%.

The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.

The Synchronous Reluctance Motor (SynRM) market is segmented as below:
By Company
ABB
Danfoss
Siemens
KSB (REEL)
Bonfiglioli
Oemer Motori
Nidec Leroy-Somer
Delta Electronics
Changzhou Nanfang Motor
Mark Elektriks
Hezhong Energy

Segment by Type
0-30 KW
30-100 KW
Above 100 KW

Segment by Application
Process Industries
Discrete Industries
Transportation

Each chapter of the report provides detailed information for readers to further understand the Synchronous Reluctance Motor (SynRM) market:

Chapter 1: Introduces the report scope of the Synchronous Reluctance Motor (SynRM) report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2020-2031)
Chapter 2: Detailed analysis of Synchronous Reluctance Motor (SynRM) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2020-2025)
Chapter 3: Provides the analysis of various Synchronous Reluctance Motor (SynRM) market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2020-2031)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2020-2031)
Chapter 5: Sales, revenue of Synchronous Reluctance Motor (SynRM) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2020-2031)
Chapter 6: Sales, revenue of Synchronous Reluctance Motor (SynRM) in country level. It provides sigmate data by Type, and by Application for each country/region.(2020-2031)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2020-2025)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

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