Turkey Medium Voltage Synchronous Motors Market to 2032
Overview
The Turkey Medium Voltage Synchronous Motors Market is expected to reach a 71.35 USD Million by 2032 and is projected to grow at a CAGR of 4.00% from 2025 to 2032.
Revenue, 2024 (USD Million)
52.68
Forecast, 2032 (USD Million)
71.35
CAGR, 2024 - 2032
4.00%
Report Coverage
Turkey
Turkey Medium Voltage Synchronous Motors Market 2018-2032 USD Million
Turkey Medium Voltage Synchronous Motors Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 52.68 USD Million
- Projected Market Size (2032): 71.35 USD Million
- CAGR (2025-2032): 4.00%
Key Findings of Turkey Medium Voltage Synchronous Motors Market
- The Turkey Medium Voltage Synchronous Motors Market was valued at 52.68 USD Million in 2024.
- The Turkey Medium Voltage Synchronous Motors Market is likely to grow at a CAGR of 4.00% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment High Speed (1200–3600 RPM) in Speed Range Segment accounted for the largest share of the market with a revenue of 30.86 USD Million
- The fastest growing segment Pumps & Fans in Application Segment grew Fastest with a CAGR of 4.74% during the forecast period from 2024 to 2032.
Turkey Medium Voltage Synchronous Motors Market Scope
Turkey Medium Voltage Synchronous Motors Market Segmentation & Scope
Application
- Others
- Robotics
- Electric Vehicles (EVs)
- Industrial Mixers
- Steam Turbines
- Conveyors
- Compressors
- Pumps & Fans
Sales Channel
- System Integrators
- Distribution
- Direct Sales/Through OEMs
Horsepower (HP)
- Above 10,000 HP
- 5,000 HP – 10,000 HP
- Below 500 HP
- 500 HP – 1,000 HP
- 2,000 HP – 5,000 HP
- 1,000 HP – 2,000 HP
Speed Range
- Super Synchronous Speed (Above 3600 RPM)
- Low Speed (=900 RPM)
- High Speed (1200–3600 RPM)
End Use
- Others
- Water and Wastewater
- Petrochemicals
- Marine
- Mining
- Power Generation
- Oil & Gas
- Manufacturing
Turkey Medium Voltage Synchronous Motors Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2024 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 52.68 USD Million |
| Market Value in 2032 | 71.35 USD Million |
| CAGR (2025-2032) | 4.00% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,Sales Channel,Horsepower (HP),Speed Range,End Use |
Regional Insights:
-
Leading Market (2024-2032): Turkey, leading in terms of revenue 52.68 USD Million in 2024
- Key Country: Turkey, leading in terms of revenue with value of 52.68 USD Million in 2024.
Segments and Scope
-
Turkey Medium Voltage Synchronous Motors Market to 2032, By Application
- Pumps & Fans is the largest segment in Turkey Medium Voltage Synchronous Motors Market to 2032 with a revenue of 17.86 USD Million in the year 2024.
- Pumps & Fans is the Fastest growing segment in Turkey Medium Voltage Synchronous Motors Market to 2032 with a Growth rate of 4.74 % in forecast period 2025-2032.
-
Turkey Medium Voltage Synchronous Motors Market to 2032, By Sales Channel
- Direct Sales/Through OEMs is the largest segment in Turkey Medium Voltage Synchronous Motors Market to 2032 with a revenue of 21.37 USD Million in the year 2024.
- Direct Sales/Through OEMs is the Fastest growing segment in Turkey Medium Voltage Synchronous Motors Market to 2032 with a Growth rate of 4.32 % in forecast period 2025-2032.
-
Turkey Medium Voltage Synchronous Motors Market to 2032, By Horsepower (HP)
- 1,000 HP – 2,000 HP is the largest segment in Turkey Medium Voltage Synchronous Motors Market to 2032 with a revenue of 18.48 USD Million in the year 2024.
- 1,000 HP – 2,000 HP is the Fastest growing segment in Turkey Medium Voltage Synchronous Motors Market to 2032 with a Growth rate of 4.60 % in forecast period 2025-2032.
-
Turkey Medium Voltage Synchronous Motors Market to 2032, By Speed Range
- High Speed (1200–3600 RPM) is the largest segment in Turkey Medium Voltage Synchronous Motors Market to 2032 with a revenue of 30.86 USD Million in the year 2024.
- High Speed (1200–3600 RPM) is the Fastest growing segment in Turkey Medium Voltage Synchronous Motors Market to 2032 with a Growth rate of 4.14 % in forecast period 2025-2032.
-
Turkey Medium Voltage Synchronous Motors Market to 2032, By End Use
- Manufacturing is the largest segment in Turkey Medium Voltage Synchronous Motors Market to 2032 with a revenue of 15.32 USD Million in the year 2024.
- Manufacturing is the Fastest growing segment in Turkey Medium Voltage Synchronous Motors Market to 2032 with a Growth rate of 4.52 % in forecast period 2025-2032.
Turkey Medium Voltage Synchronous Motors Market Company Share Analysis
| Company Name |
|
||
| ABB | |||
| Hitachi, Ltd. | |||
| Nidec ASI spa | |||
| Wolong Electric Group | |||
| Johnson Electric Holdings Limited | |||
Turkey Medium Voltage Synchronous Motors Market Geographical Sales Distribution, 2018-2032 USD Million
Turkey Medium Voltage Synchronous Motors Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Turkey Medium Voltage Synchronous Motors Market is segmented based on Segmentation Application,Sales Channel,Horsepower (HP),Speed Range,End Use.
Turkey Medium Voltage Synchronous Motors Market was valued at USD 52.68(Revenue in USD Million) in 2024.
Turkey Medium Voltage Synchronous Motors Market is projected to grow at a CAGR of 4.00% during the forecast period of 2024 to 2032.
The High Speed (1200–3600 RPM) segment is expected to dominate the Turkey Medium Voltage Synchronous Motors Market, holding a largest market share of 30.86 USD Million in 2024
Turkey Medium Voltage Synchronous Motors Market Scope
Turkey Medium Voltage Synchronous Motors Market Segmentation & Scope
Application
- Others
- Robotics
- Electric Vehicles (EVs)
- Industrial Mixers
- Steam Turbines
- Conveyors
- Compressors
- Pumps & Fans
Sales Channel
- System Integrators
- Distribution
- Direct Sales/Through OEMs
Horsepower (HP)
- Above 10,000 HP
- 5,000 HP – 10,000 HP
- Below 500 HP
- 500 HP – 1,000 HP
- 2,000 HP – 5,000 HP
- 1,000 HP – 2,000 HP
Speed Range
- Super Synchronous Speed (Above 3600 RPM)
- Low Speed (=900 RPM)
- High Speed (1200–3600 RPM)
End Use
- Others
- Water and Wastewater
- Petrochemicals
- Marine
- Mining
- Power Generation
- Oil & Gas
- Manufacturing
Frequently Asked Questions
The Turkey Medium Voltage Synchronous Motors Market is segmented based on Segmentation Application,Sales Channel,Horsepower (HP),Speed Range,End Use.
Turkey Medium Voltage Synchronous Motors Market was valued at USD 52.68(Revenue in USD Million) in 2024.
Turkey Medium Voltage Synchronous Motors Market is projected to grow at a CAGR of 4.00% during the forecast period of 2024 to 2032.
The estimated market value of the Turkey Medium Voltage Synchronous Motors Market for final year is USD 71.35 (USD Million).
Turkey Medium Voltage Synchronous Motors Market Company Profiling
Frequently Asked Questions
The Turkey Medium Voltage Synchronous Motors Market is segmented based on Segmentation Application,Sales Channel,Horsepower (HP),Speed Range,End Use.
Turkey Medium Voltage Synchronous Motors Market was valued at USD 52.68(Revenue in USD Million) in 2024.
Turkey Medium Voltage Synchronous Motors Market is projected to grow at a CAGR of 4.00% during the forecast period of 2024 to 2032.
The estimated market value of the Turkey Medium Voltage Synchronous Motors Market for final year is USD 71.35 (USD Million).
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