Copyright Reports & Markets. All rights reserved.

Global Synchronous Reluctance Motor (SynRM) Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032

Request for Sample of this report
Buy now

1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Synchronous Reluctance Motor (SynRM) Consumption Value by Type: 2021 Versus 2025 Versus 2032
    • 1.3.2 0-30 KW
    • 1.3.3 30-100 KW
    • 1.3.4 Above 100 KW
  • 1.4 Market Analysis by Technology Route
    • 1.4.1 Overview: Global Synchronous Reluctance Motor (SynRM) Consumption Value by Technology Route: 2021 Versus 2025 Versus 2032
    • 1.4.2 PM-assisted SynRM
    • 1.4.3 Pure SynRM
  • 1.5 Market Analysis by Load Type
    • 1.5.1 Overview: Global Synchronous Reluctance Motor (SynRM) Consumption Value by Load Type: 2021 Versus 2025 Versus 2032
    • 1.5.2 Variable-torque Loads
    • 1.5.3 Constant or Cyclic Torque Loads
  • 1.6 Market Analysis by Application Scenarios
    • 1.6.1 Overview: Global Synchronous Reluctance Motor (SynRM) Consumption Value by Application Scenarios: 2021 Versus 2025 Versus 2032
    • 1.6.2 Pumps & Pumping Systems
    • 1.6.3 Fans, Blowers & Ventilation Systems
    • 1.6.4 Compressors
    • 1.6.5 Conveyors & Material Handling Equipment
    • 1.6.6 Mixers, Agitators & Process Machinery
    • 1.6.7 Discrete Automation Equipment
    • 1.6.8 Others
  • 1.7 Market Analysis by Application
    • 1.7.1 Overview: Global Synchronous Reluctance Motor (SynRM) Consumption Value by Application: 2021 Versus 2025 Versus 2032
    • 1.7.2 Process Industries
    • 1.7.3 Discrete Industries
    • 1.7.4 Transportation
  • 1.8 Global Synchronous Reluctance Motor (SynRM) Market Size & Forecast
    • 1.8.1 Global Synchronous Reluctance Motor (SynRM) Consumption Value (2021 & 2025 & 2032)
    • 1.8.2 Global Synchronous Reluctance Motor (SynRM) Sales Quantity (2021-2032)
    • 1.8.3 Global Synchronous Reluctance Motor (SynRM) Average Price (2021-2032)

2 Manufacturers Profiles

  • 2.1 ABB
    • 2.1.1 ABB Details
    • 2.1.2 ABB Major Business
    • 2.1.3 ABB Synchronous Reluctance Motor (SynRM) Product and Services
    • 2.1.4 ABB Synchronous Reluctance Motor (SynRM) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.1.5 ABB Recent Developments/Updates
  • 2.2 Danfoss
    • 2.2.1 Danfoss Details
    • 2.2.2 Danfoss Major Business
    • 2.2.3 Danfoss Synchronous Reluctance Motor (SynRM) Product and Services
    • 2.2.4 Danfoss Synchronous Reluctance Motor (SynRM) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.2.5 Danfoss Recent Developments/Updates
  • 2.3 Innomotics
    • 2.3.1 Innomotics Details
    • 2.3.2 Innomotics Major Business
    • 2.3.3 Innomotics Synchronous Reluctance Motor (SynRM) Product and Services
    • 2.3.4 Innomotics Synchronous Reluctance Motor (SynRM) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.3.5 Innomotics Recent Developments/Updates
  • 2.4 KSB (REEL)
    • 2.4.1 KSB (REEL) Details
    • 2.4.2 KSB (REEL) Major Business
    • 2.4.3 KSB (REEL) Synchronous Reluctance Motor (SynRM) Product and Services
    • 2.4.4 KSB (REEL) Synchronous Reluctance Motor (SynRM) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.4.5 KSB (REEL) Recent Developments/Updates
  • 2.5 Bonfiglioli
    • 2.5.1 Bonfiglioli Details
    • 2.5.2 Bonfiglioli Major Business
    • 2.5.3 Bonfiglioli Synchronous Reluctance Motor (SynRM) Product and Services
    • 2.5.4 Bonfiglioli Synchronous Reluctance Motor (SynRM) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.5.5 Bonfiglioli Recent Developments/Updates
  • 2.6 Oemer Motori
    • 2.6.1 Oemer Motori Details
    • 2.6.2 Oemer Motori Major Business
    • 2.6.3 Oemer Motori Synchronous Reluctance Motor (SynRM) Product and Services
    • 2.6.4 Oemer Motori Synchronous Reluctance Motor (SynRM) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.6.5 Oemer Motori Recent Developments/Updates
  • 2.7 Nidec Leroy-Somer
    • 2.7.1 Nidec Leroy-Somer Details
    • 2.7.2 Nidec Leroy-Somer Major Business
    • 2.7.3 Nidec Leroy-Somer Synchronous Reluctance Motor (SynRM) Product and Services
    • 2.7.4 Nidec Leroy-Somer Synchronous Reluctance Motor (SynRM) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.7.5 Nidec Leroy-Somer Recent Developments/Updates
  • 2.8 Delta Electronics
    • 2.8.1 Delta Electronics Details
    • 2.8.2 Delta Electronics Major Business
    • 2.8.3 Delta Electronics Synchronous Reluctance Motor (SynRM) Product and Services
    • 2.8.4 Delta Electronics Synchronous Reluctance Motor (SynRM) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.8.5 Delta Electronics Recent Developments/Updates
  • 2.9 TECO
    • 2.9.1 TECO Details
    • 2.9.2 TECO Major Business
    • 2.9.3 TECO Synchronous Reluctance Motor (SynRM) Product and Services
    • 2.9.4 TECO Synchronous Reluctance Motor (SynRM) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.9.5 TECO Recent Developments/Updates
  • 2.10 Changzhou Nanfang Motor
    • 2.10.1 Changzhou Nanfang Motor Details
    • 2.10.2 Changzhou Nanfang Motor Major Business
    • 2.10.3 Changzhou Nanfang Motor Synchronous Reluctance Motor (SynRM) Product and Services
    • 2.10.4 Changzhou Nanfang Motor Synchronous Reluctance Motor (SynRM) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.10.5 Changzhou Nanfang Motor Recent Developments/Updates
  • 2.11 Mark Elektriks
    • 2.11.1 Mark Elektriks Details
    • 2.11.2 Mark Elektriks Major Business
    • 2.11.3 Mark Elektriks Synchronous Reluctance Motor (SynRM) Product and Services
    • 2.11.4 Mark Elektriks Synchronous Reluctance Motor (SynRM) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.11.5 Mark Elektriks Recent Developments/Updates
  • 2.12 Hezhong Energy
    • 2.12.1 Hezhong Energy Details
    • 2.12.2 Hezhong Energy Major Business
    • 2.12.3 Hezhong Energy Synchronous Reluctance Motor (SynRM) Product and Services
    • 2.12.4 Hezhong Energy Synchronous Reluctance Motor (SynRM) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.12.5 Hezhong Energy Recent Developments/Updates

3 Competitive Environment: Synchronous Reluctance Motor (SynRM) by Manufacturer

  • 3.1 Global Synchronous Reluctance Motor (SynRM) Sales Quantity by Manufacturer (2021-2026)
  • 3.2 Global Synchronous Reluctance Motor (SynRM) Revenue by Manufacturer (2021-2026)
  • 3.3 Global Synchronous Reluctance Motor (SynRM) Average Price by Manufacturer (2021-2026)
  • 3.4 Market Share Analysis (2025)
    • 3.4.1 Producer Shipments of Synchronous Reluctance Motor (SynRM) by Manufacturer Revenue ($MM) and Market Share (%): 2025
    • 3.4.2 Top 3 Synchronous Reluctance Motor (SynRM) Manufacturer Market Share in 2025
    • 3.4.3 Top 6 Synchronous Reluctance Motor (SynRM) Manufacturer Market Share in 2025
  • 3.5 Synchronous Reluctance Motor (SynRM) Market: Overall Company Footprint Analysis
    • 3.5.1 Synchronous Reluctance Motor (SynRM) Market: Region Footprint
    • 3.5.2 Synchronous Reluctance Motor (SynRM) Market: Company Product Type Footprint
    • 3.5.3 Synchronous Reluctance Motor (SynRM) Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Synchronous Reluctance Motor (SynRM) Market Size by Region
    • 4.1.1 Global Synchronous Reluctance Motor (SynRM) Sales Quantity by Region (2021-2032)
    • 4.1.2 Global Synchronous Reluctance Motor (SynRM) Consumption Value by Region (2021-2032)
    • 4.1.3 Global Synchronous Reluctance Motor (SynRM) Average Price by Region (2021-2032)
  • 4.2 North America Synchronous Reluctance Motor (SynRM) Consumption Value (2021-2032)
  • 4.3 Europe Synchronous Reluctance Motor (SynRM) Consumption Value (2021-2032)
  • 4.4 Asia-Pacific Synchronous Reluctance Motor (SynRM) Consumption Value (2021-2032)
  • 4.5 South America Synchronous Reluctance Motor (SynRM) Consumption Value (2021-2032)
  • 4.6 Middle East & Africa Synchronous Reluctance Motor (SynRM) Consumption Value (2021-2032)

5 Market Segment by Type

  • 5.1 Global Synchronous Reluctance Motor (SynRM) Sales Quantity by Type (2021-2032)
  • 5.2 Global Synchronous Reluctance Motor (SynRM) Consumption Value by Type (2021-2032)
  • 5.3 Global Synchronous Reluctance Motor (SynRM) Average Price by Type (2021-2032)

6 Market Segment by Application

  • 6.1 Global Synchronous Reluctance Motor (SynRM) Sales Quantity by Application (2021-2032)
  • 6.2 Global Synchronous Reluctance Motor (SynRM) Consumption Value by Application (2021-2032)
  • 6.3 Global Synchronous Reluctance Motor (SynRM) Average Price by Application (2021-2032)

7 North America

  • 7.1 North America Synchronous Reluctance Motor (SynRM) Sales Quantity by Type (2021-2032)
  • 7.2 North America Synchronous Reluctance Motor (SynRM) Sales Quantity by Application (2021-2032)
  • 7.3 North America Synchronous Reluctance Motor (SynRM) Market Size by Country
    • 7.3.1 North America Synchronous Reluctance Motor (SynRM) Sales Quantity by Country (2021-2032)
    • 7.3.2 North America Synchronous Reluctance Motor (SynRM) Consumption Value by Country (2021-2032)
    • 7.3.3 United States Market Size and Forecast (2021-2032)
    • 7.3.4 Canada Market Size and Forecast (2021-2032)
    • 7.3.5 Mexico Market Size and Forecast (2021-2032)

8 Europe

  • 8.1 Europe Synchronous Reluctance Motor (SynRM) Sales Quantity by Type (2021-2032)
  • 8.2 Europe Synchronous Reluctance Motor (SynRM) Sales Quantity by Application (2021-2032)
  • 8.3 Europe Synchronous Reluctance Motor (SynRM) Market Size by Country
    • 8.3.1 Europe Synchronous Reluctance Motor (SynRM) Sales Quantity by Country (2021-2032)
    • 8.3.2 Europe Synchronous Reluctance Motor (SynRM) Consumption Value by Country (2021-2032)
    • 8.3.3 Germany Market Size and Forecast (2021-2032)
    • 8.3.4 France Market Size and Forecast (2021-2032)
    • 8.3.5 United Kingdom Market Size and Forecast (2021-2032)
    • 8.3.6 Russia Market Size and Forecast (2021-2032)
    • 8.3.7 Italy Market Size and Forecast (2021-2032)

9 Asia-Pacific

  • 9.1 Asia-Pacific Synchronous Reluctance Motor (SynRM) Sales Quantity by Type (2021-2032)
  • 9.2 Asia-Pacific Synchronous Reluctance Motor (SynRM) Sales Quantity by Application (2021-2032)
  • 9.3 Asia-Pacific Synchronous Reluctance Motor (SynRM) Market Size by Region
    • 9.3.1 Asia-Pacific Synchronous Reluctance Motor (SynRM) Sales Quantity by Region (2021-2032)
    • 9.3.2 Asia-Pacific Synchronous Reluctance Motor (SynRM) Consumption Value by Region (2021-2032)
    • 9.3.3 China Market Size and Forecast (2021-2032)
    • 9.3.4 Japan Market Size and Forecast (2021-2032)
    • 9.3.5 South Korea Market Size and Forecast (2021-2032)
    • 9.3.6 India Market Size and Forecast (2021-2032)
    • 9.3.7 Southeast Asia Market Size and Forecast (2021-2032)
    • 9.3.8 Australia Market Size and Forecast (2021-2032)

10 South America

  • 10.1 South America Synchronous Reluctance Motor (SynRM) Sales Quantity by Type (2021-2032)
  • 10.2 South America Synchronous Reluctance Motor (SynRM) Sales Quantity by Application (2021-2032)
  • 10.3 South America Synchronous Reluctance Motor (SynRM) Market Size by Country
    • 10.3.1 South America Synchronous Reluctance Motor (SynRM) Sales Quantity by Country (2021-2032)
    • 10.3.2 South America Synchronous Reluctance Motor (SynRM) Consumption Value by Country (2021-2032)
    • 10.3.3 Brazil Market Size and Forecast (2021-2032)
    • 10.3.4 Argentina Market Size and Forecast (2021-2032)

11 Middle East & Africa

  • 11.1 Middle East & Africa Synchronous Reluctance Motor (SynRM) Sales Quantity by Type (2021-2032)
  • 11.2 Middle East & Africa Synchronous Reluctance Motor (SynRM) Sales Quantity by Application (2021-2032)
  • 11.3 Middle East & Africa Synchronous Reluctance Motor (SynRM) Market Size by Country
    • 11.3.1 Middle East & Africa Synchronous Reluctance Motor (SynRM) Sales Quantity by Country (2021-2032)
    • 11.3.2 Middle East & Africa Synchronous Reluctance Motor (SynRM) Consumption Value by Country (2021-2032)
    • 11.3.3 Turkey Market Size and Forecast (2021-2032)
    • 11.3.4 Egypt Market Size and Forecast (2021-2032)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2021-2032)
    • 11.3.6 South Africa Market Size and Forecast (2021-2032)

12 Market Dynamics

  • 12.1 Synchronous Reluctance Motor (SynRM) Market Drivers
  • 12.2 Synchronous Reluctance Motor (SynRM) Market Restraints
  • 12.3 Synchronous Reluctance Motor (SynRM) Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Synchronous Reluctance Motor (SynRM) and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Synchronous Reluctance Motor (SynRM)
  • 13.3 Synchronous Reluctance Motor (SynRM) Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Synchronous Reluctance Motor (SynRM) Typical Distributors
  • 14.3 Synchronous Reluctance Motor (SynRM) Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    According to our (Global Info Research) latest study, the global Synchronous Reluctance Motor (SynRM) market size was valued at US$ 272 million in 2025 and is forecast to a readjusted size of US$ 586 million by 2032 with a CAGR of 11.8% during review period.
    Synchronous reluctance motor (SynRM) is a motor based on the principle of synchronous motor. There are no permanent magnets or excitation coils on its rotor, only some air gaps made of reluctance material. When the stator of the motor is energized, a rotating magnetic field is generated on the stator, and this rotating magnetic field generates a rotational torque with the air gap on the rotor, thereby driving the rotor of the motor to rotate. In 2025, global Synchronous reluctance motor (SynRM) production reached approximately 114.06 K Units. For pure SynRM (magnet-free rotor), the most critical upstream materials are NOES electrical steel (laminations), copper magnet wire (stator winding), and insulation systems (Nomex papers, impregnation resins/varnishes). Synchronous Reluctance Motors (SynRM) are primarily used in variable-speed, energy-efficient industrial applications. Demand is strongly concentrated in pumps, fans, and compressors—typical variable-torque loads across process industries such as chemicals, water treatment, metals, pulp & paper, and food & beverage. In discrete industries, SynRM is applied in conveyors, packaging machinery, and auxiliary drives for automated production lines. With increasing electrification and efficiency requirements, PM-assisted SynRM is also gaining traction in rail, construction machinery, and selected transportation applications, although volumes remain relatively limited.
    The Synchronous Reluctance Motor (SynRM) market is gaining momentum as a high-efficiency, magnet-free motor technology aligned with global industrial energy-efficiency upgrades. Market growth is primarily driven by tightening IE4–IE5 efficiency regulations, large-scale motor system retrofits, and increasing penetration of variable frequency drives (VFDs). SynRM adoption is strongly concentrated in pumps, fans, and compressors within process industries, with motor–drive packages becoming the dominant commercial model. While challenges remain in power factor performance, system complexity, and market awareness, the absence of permanent magnets and favorable total cost of ownership support a steady medium- to long-term growth outlook for the SynRM market.
    This report is a detailed and comprehensive analysis for global Synchronous Reluctance Motor (SynRM) 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 2025, are provided.
    Key Features:
    Global Synchronous Reluctance Motor (SynRM) market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
    Global Synchronous Reluctance Motor (SynRM) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
    Global Synchronous Reluctance Motor (SynRM) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
    Global Synchronous Reluctance Motor (SynRM) market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2021-2026
    The Primary Objectives in This Report Are:
    To determine the size of the total market opportunity of global and key countries
    To assess the growth potential for Synchronous Reluctance Motor (SynRM)
    To forecast future growth in each product and end-use market
    To assess competitive factors affecting the marketplace
    This report profiles key players in the global Synchronous Reluctance Motor (SynRM) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ABB, Danfoss, Innomotics, KSB (REEL), Bonfiglioli, Oemer Motori, Nidec Leroy-Somer, Delta Electronics, TECO, Changzhou Nanfang Motor, etc.
    This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
    Market Segmentation
    Synchronous Reluctance Motor (SynRM) market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
    Market segment by Type
    0-30 KW
    30-100 KW
    Above 100 KW
    Market segment by Technology Route
    PM-assisted SynRM
    Pure SynRM
    Market segment by Load Type
    Variable-torque Loads
    Constant or Cyclic Torque Loads
    Market segment by Application Scenarios
    Pumps & Pumping Systems
    Fans, Blowers & Ventilation Systems
    Compressors
    Conveyors & Material Handling Equipment
    Mixers, Agitators & Process Machinery
    Discrete Automation Equipment
    Others
    Market segment by Application
    Process Industries
    Discrete Industries
    Transportation
    Major players covered
    ABB
    Danfoss
    Innomotics
    KSB (REEL)
    Bonfiglioli
    Oemer Motori
    Nidec Leroy-Somer
    Delta Electronics
    TECO
    Changzhou Nanfang Motor
    Mark Elektriks
    Hezhong Energy
    Market segment by region, regional analysis covers
    North America (United States, Canada, and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
    The content of the study subjects, includes a total of 15 chapters:
    Chapter 1, to describe Synchronous Reluctance Motor (SynRM) product scope, market overview, market estimation caveats and base year.
    Chapter 2, to profile the top manufacturers of Synchronous Reluctance Motor (SynRM), with price, sales quantity, revenue, and global market share of Synchronous Reluctance Motor (SynRM) from 2021 to 2026.
    Chapter 3, the Synchronous Reluctance Motor (SynRM) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
    Chapter 4, the Synchronous Reluctance Motor (SynRM) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
    Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
    Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Synchronous Reluctance Motor (SynRM) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
    Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
    Chapter 13, the key raw materials and key suppliers, and industry chain of Synchronous Reluctance Motor (SynRM).
    Chapter 14 and 15, to describe Synchronous Reluctance Motor (SynRM) sales channel, distributors, customers, research findings and conclusion.

    Buy now