Global rotary motor market projected to reach 1.19 billion USD by 2032

The global rotary motor market is projected to grow from 796 million USD in 2025 to 1,194 million USD by 2032, representing a compound annual growth rate (CAGR) of 6.0% between 2026 and 2032, according to a report by YH Research.

Growth is driven by the demand for high efficiency and power density in industrial sectors such as machine tools, industrial robotics, and semiconductor manufacturing equipment. Additionally, the rise of electric vehicles (EVs), hybrid vehicles (HEVs), and fuel cell vehicles (FCVs) provides significant expansion opportunities for both propulsion and auxiliary components.

Future trends include the development of ‘smart motors’ equipped with vibration and temperature sensors for predictive maintenance. In Japan, specific opportunities exist within the medical and welfare sectors, including walking assistance devices and rehabilitation equipment. However, the industry faces challenges such as fluctuations in rare earth prices (specifically neodymium), a lack of design standardization, and a shortage of specialized engineers.