The switched reluctance motor (SRM) is a type of a stepper motor, an electric motor that runs by reluctance torque. Unlike common DC motor types, power is delivered to windings in the stator (case) rather than the rotor. This greatly simplifies mechanical design as power does not have to be delivered to a moving part, but it complicates the electrical design as some sort of switching system needs to be used to deliver power to the different windings. With modern electronic devices, precisely timed switching is not a problem, and the SRM is a popular design for modern stepper motors. Its main drawback is torque ripple.
According to our (Global Info Research) latest study, the global Switched Reluctance Motors market size was valued at USD 564.9 million in 2022 and is forecast to a readjusted size of USD 798.7 million by 2029 with a CAGR of 5.1% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Switched Reluctance Motors key players include Nidec, AMETEK, VS Technology, Shandong Kehui Power Automation, Maccon GmbH etc. Global top five manufacturers hold a share over 50%.
Europe is the largest market, with a share over 25%, followed by China and Japan, both have a share over 30% percent. In terms of product, <100 KW is the largest segment, with a share over 60%. And in terms of application, the largest application is Industrial Machinery, followed by Automobile Industry and Appliance Industry.
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This report is a detailed and comprehensive analysis for global Switched Reluctance Motors market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Market segment by Type
<100 KW
100-500 KW
>500 KW
Market segment by Application
Automobile Industry
Appliance Industry
Industrial Machinery
Others
Major players covered
Nidec
AMETEK
VS Technology
Shandong Kehui Power Automation
Maccon GmbH
Rongjia Motor
Shandong Desen
Huayang
Heliad
Rocky Mountain Technologies
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