Synchronous Reluctance Motor (SynRM) Market Trends: the global market size is projected to reach USD 0.58 billion by 2032

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 2026-2032”. Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2026-2032), this report provides a comprehensive analysis of the global  Synchronous Reluctance Motor (SynRM)  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$ 264 million in 2025 and is projected to reach US$ 578 million, growing at a CAGR of 12.1% from 2026 to 2032.

【Get a free sample PDF of this report (Including Full TOC, List of Tables & Figures, Chart)】
https://www.qyresearch.com/reports/5504600/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 2026-2032”, published by QYResearch, the global Synchronous Reluctance Motor (SynRM) market size is projected to reach USD 0.58 billion by 2032, at a CAGR of 12.1% during the forecast period.


Figure00001. Global Synchronous Reluctance Motor (SynRM) Market Size (US$ Million), 2021-2032

Synchronous Reluctance Motor (SynRM)

Source: QYResearch, “Synchronous Reluctance Motor (SynRM) – Global Market Share and Ranking, Overall Sales and Demand Forecast 2026-2032”


Figure00002. Global Synchronous Reluctance Motor (SynRM) Top 12 Players Ranking and Market Share (Ranking is based on the revenue of 2025, continually updated)

Synchronous Reluctance Motor (SynRM)

Source: QYResearch, “Synchronous Reluctance Motor (SynRM) – Global Market Share and Ranking, Overall Sales and Demand Forecast 2026-2032”

According to QYResearch Top Players Research Center, the global key manufacturers of Synchronous Reluctance Motor (SynRM) include ABB, Danfoss, Innomotics, KSB (REEL), Bonfiglioli, Nidec Leroy-Somer, Oemer Motori, Delta Electronics, TECO, Changzhou Nanfang Motor, etc. In 2025, the global top 10 players had a share approximately 86.0% in terms of revenue.

 

Figure00003. Synchronous Reluctance Motor (SynRM), Global Market Size, Split by Product Segment

Synchronous Reluctance Motor (SynRM)

Source: QYResearch, “Synchronous Reluctance Motor (SynRM) – Global Market Share and Ranking, Overall Sales and Demand Forecast 2026-2032”

In terms of product type, currently 0-30 KW is the largest segment, hold a share of 47.7%.

 

Figure00004. Synchronous Reluctance Motor (SynRM), Global Market Size, Split by Application Segment

Synchronous Reluctance Motor (SynRM)

Source: QYResearch, “Synchronous Reluctance Motor (SynRM) – Global Market Share and Ranking, Overall Sales and Demand Forecast 2026-2032”

 

In terms of product application, currently Process Industries is the largest segment, hold a share of 66.1%.

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
Innomotics
KSB (REEL)
Bonfiglioli
Oemer Motori
Nidec Leroy-Somer
Delta Electronics
TECO
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. (2021-2032)
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. (2021-2026)
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. (2021-2032)
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.(2021-2032)
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..(2021-2032)
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.(2021-2032)
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. (2021-2026)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Benefits of purchasing QYResearch report:
Competitive Analysis: QYResearch provides in-depth Synchronous Reluctance Motor (SynRM) competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.

Industry Analysis: QYResearch provides Synchronous Reluctance Motor (SynRM) comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.

and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.

Market Size: QYResearch provides Synchronous Reluctance Motor (SynRM) market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.

Other relevant reports of QYResearch:
Global Synchronous Reluctance Motor (SynRM) Market Insights – Industry Share, Sales Projections, and Demand Outlook 2026-2032
Global Synchronous Reluctance Motor (SynRM) Market Outlook, InDepth Analysis & Forecast to 2032
Global Synchronous Reluctance Motor (SynRM) Sales Market Report, Competitive Analysis and Regional Opportunities 2026-2032
Global Synchronous Reluctance Motor (SynRM) Market Research Report 2026
Synchronous Reluctance Motor (SynRM) – Global Market Share and Ranking, Overall Sales and Demand Forecast 2026-2032
Global 100KW and Below Synchronous Reluctance Motor (SynRM) Market Outlook, InDepth Analysis & Forecast to 2032
Global 100KW and Below Synchronous Reluctance Motor (SynRM) Sales Market Report, Competitive Analysis and Regional Opportunities 2026-2032
100KW and Below Synchronous Reluctance Motor (SynRM)- Global Market Share and Ranking, Overall Sales and Demand Forecast 2026-2032
Global 100KW and Below Synchronous Reluctance Motor (SynRM) Market Research Report 2026

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