Global Medium Voltage Synchronous Motor Market Size, Trends & Growth Opportunity and By Mounting Type (Horizontal and Vertical), By Application (Fans, Pumps, Extruders, Mixers, Compressors, Conveyor Belt, and Others), By End User (Metal & Mining, Oil& Gas, Paper & Pulp, Automotive, Chemicals & Petroleum, and Others), By Region and Forecast till 2027.
Global Medium Voltage Synchronous Motor Market 
The Global Medium Voltage Synchronous Motor Market is expected to grow from US$ 21.49 Billion in 2021 to US$ 30.08 Billion by 2027; it is estimated to grow at a CAGR of 31.39% from 2021 to 2027.
Medium voltage synchronous motor control provides innovative and reliable design configurations are they are available with arc-resistance construction as well as cost saving integrated solution. These types of motors are used in various sectors including Metal & Mining, Oil& Gas, Paper & Pulp, Automotive, Chemicals & Petroleum, and Others.
Market Drivers
Increase in demand for medium voltage synchronous motor is the key driving factor which is expected to boost the global medium voltage synchronous motor market growth. Furthermore, rise in adoption of these type motors in industrial and oil & gas sectors will have the positive impact on market growth. Moreover, increases in usage of green vehicles are expected to propel the global medium voltage synchronous motor market growth.
Market Restraints
However, decrease in Greenfield investment is the major restraining factor which is expected to hamper the global medium voltage synchronous market growth. Also, lack of awareness will affect the market growth.
Impact of Covid-19
According to a survey on the global medium voltage synchronous motor market, the growth in new coronavirus cases with each passing day has had an impact on the market size for synchronous motors. The pandemic outbreak is a modern challenge that is significantly affecting the participants' capacity for production and manufacturing in order to meet the expectations of a worldwide audience. Nearly all market participants who produce the fitted engines are struggling to deal with conditions including declining interest, lowering prices, and a shortage of resources and raw materials. Massive interest has been shown in synchronous engines, particularly in the farming sector.
Segmentation By Mounting Type: Global Medium Voltage Synchronous Motor Market is classified on the basis of Mounting Type into Horizontal and Vertical.
Segmentation By Application: Global Medium Voltage Synchronous Motor Market is classified on the basis of Application into Fans, Pumps, Extruders, Mixers, Compressors, Conveyor Belt, and Others.
Segmentation By End-user: Global Medium Voltage Synchronous Motor Market is classified on the basis of End-user into Metal & Mining, Oil& Gas, Paper & Pulp, Automotive, Chemicals & Petroleum, and Others.
Segmentation By Region: Global Medium Voltage Synchronous Motor Market is classified on the basis of Region into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The regional analysis shows that Europe has been actively participating in the market for medium voltage synchronous motors. Nevertheless, it is anticipated that the offered premise will be taken care of by the regional Market for equipped engines in North America, which includes countries like the U.S. and Canada.
Market Key Players
Various key players are discussed in this report such as ABB Ltd, Siemens AG, General Electric, Rockwell Automation, Toshiba Corporation, WEG SA, Bosch Group, Hitachi Ltd, Arc Systems, and Others.
Industrial Development
• February 2022 - MG Motor has launched a new version of its current electric car, the ZS EV. The new model is powered by Permanent Magnet Synchronous Motor (PMSM), which produces 141 hp of power and 353 Nm of torque.
Market Taxonomy
By Mounting Type
• Horizontal
• Vertical
By Application
• Fans
• Pumps
• Extruders
• Mixers
• Compressors
• Conveyor Belt
• Others
By End User
• Metal & Mining
• Oil& Gas
• Paper & Pulp
• Automotive
• Chemicals & Petroleum
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Key Questions Addressed by the Report
• What are the Key Opportunities in Medium Voltage Synchronous Motor Market?
• What will be the growth rate from 2021 to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?

Global Medium Voltage Synchronous Motor Market TOC:
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Medium Voltage Synchronous Motor Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Medium Voltage Synchronous Motor Market, By Mounting Type
5.1 Y-o-Y Growth Comparison, By Mounting Type 
5.2 Global Medium Voltage Synchronous Motor Market Share Analysis, By Mounting Type 
5.3 Global Medium Voltage Synchronous Motor Market Size and Forecast, By Mounting Type
5.3.1 Horizontal
5.3.2 Vertical
6  Global  Medium Voltage Synchronous Motor Market , By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Medium Voltage Synchronous Motor Market Share Analysis, By Application
6.3 Global Medium Voltage Synchronous Motor Market Size and Forecast, By Application
6.3.1 Fans
6.3.2 Pumps
6.3.3Extruders
6.3.4Mixers
6.3.5Compressisors
6.3.6Conveyor Belt
6.3.7Others
7 Global Medium Voltage Synchronous Motor Market, By End User
7.1 Y-o-Y Growth Comparison, By End User
7.2 Global Medium Voltage Synchronous Motor Market Share Analysis, By End User
7.3 Global Medium Voltage Synchronous Motor Market Size and Forecast, By End User
7.3. 1 Metal & Mining
7.3.2 Oil & Gas
7.3.3 Paper & Pulp
7.3.4 Automotive
7.3.5 Chemicals & Petroleum
7.3.6 Others
8 Global Medium Voltage Synchronous Motor Market, By Region
8.1 Global Medium Voltage Synchronous Motor Market Share Analysis, By Region
8.2 Global Medium Voltage Synchronous Motor Market Share Analysis, By Region
8.3 Global Medium Voltage Synchronous Motor Market Size and Forecast, By Region
9 North America Medium Voltage Synchronous Motor Market Analysis and Forecast (2022 – 2027)
9.1 Introduction
9.2 North America Medium Voltage Synchronous Motor Market Share Analysis, By Mounting Type
9.3 North America Medium Voltage Synchronous Motor Market Size and Forecast, By Application
9.4 North America Medium Voltage Synchronous Motor Market Size and Forecast, By End User
9.5 North America Medium Voltage Synchronous Motor Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Medium Voltage Synchronous Motor Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 Europe Medium Voltage Synchronous Motor Market Share Analysis, By Mounting Type 
10.3 Europe Medium Voltage Synchronous Motor Market Size and Forecast, By Application 
10.4 Europe Medium Voltage Synchronous Motor Market Size and Forecast, By End User
10.5 Europe Medium Voltage Synchronous Motor Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11 Asia Pacific Medium Voltage Synchronous Motor Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Asia Pacific Medium Voltage Synchronous Motor Market Share Analysis, By Mounting Type 
11.3 Asia Pacific Medium Voltage Synchronous Motor Market Size and Forecast, By Application 
11.4 Asia Pacific Medium Voltage Synchronous Motor Market Size and Forecast, By End User
11.5 Asia Pacific Medium Voltage Synchronous Motor Market Size and Forecast, By Country
11.5.1 China 
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Medium Voltage Synchronous Motor Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Latin America Medium Voltage Synchronous Motor Market Share Analysis, By Mounting Type 
12.3 Latin America Medium Voltage Synchronous Motor Market Size and Forecast, By Application 
12.4 Latin America Medium Voltage Synchronous Motor Market Size and Forecast, By End User
12.5 Latin America Medium Voltage Synchronous Motor Market Size and Forecast, Country
13 Middle East Medium Voltage Synchronous Motor Market Analysis and Forecast (2022 – 2027)
13.1 Introduction
13.2 Middle East Medium Voltage Synchronous Motor Market Share Analysis, By Mounting Type 
13.3 Middle East Medium Voltage Synchronous Motor Market Size and Forecast, By Application 
13.4 Middle East Medium Voltage Synchronous Motor Market Size and Forecast, By End User
13.5 Middle East Medium Voltage Synchronous Motor Market Size and Forecast, By Country
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 ABB Ltd,
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Siemens AG
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 General Electric
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Rockwell Automation
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Toshiba Corporation
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 WEG SA
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Bosch Group
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies 
15.8 Hitachi Ltd
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies 
15.9 Arc Systems
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies 
15.10 Others
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies