As the electric motor industry continues to innovate and expand, several manufacturers in the United States have distinguished themselves as leaders. Here’s an overview of the top 10 electric motor manufacturers in the USA for 2024.
1. General Electric (GE)
History: Founded in 1892 by Thomas Edison, GE has a long history of innovation in electric power, healthcare, and aviation.
Financials: GE reported strong financial performance in 2023, with substantial revenues from its aerospace and energy divisions.
Main Products: Jet engines, gas and steam turbines, wind turbines, grid solutions, and healthcare technologies.
2. Nidec Motor Corporation
History: Established in 1973 in Japan, Nidec has expanded globally and significantly in the US market after acquiring Emerson Electric’s motor business in 2010.
Financials: Nidec continues to grow robustly, driven by its diverse product lines and strategic acquisitions.
Main Products: Motors for industrial, automotive, home appliance, and commercial applications, along with control equipment and electronic devices.
3. Regal Rexnord Corporation
History: Formed from the merger of Regal Beloit and Rexnord in 2021, the company dates back to the early 20th century.
Financials: The company has seen substantial revenue growth post-merger.
Main Products: Electric motors, gear drives, bearings, couplings, and electronic components.
4. Baldor Electric Company (ABB)
History: Founded in 1920 and acquired by ABB in 2011.
Financials: As part of ABB, Baldor benefits from strong financial backing and extensive global operations.
Main Products: AC and DC motors, gear motors, and drives.
5. Ametek, Inc.
History: Established in 1930, Ametek has grown through continuous innovation and acquisitions.
Financials: Reports strong financial results, driven by its diverse product portfolio.
Main Products: Precision motion control systems, thermal management systems, and specialty motors.
6. Franklin Electric
History: Founded in 1944, Franklin Electric revolutionized the submersible pump industry.
Financials: Consistent revenue growth, particularly in water and fueling systems markets.
Main Products: Submersible motors, pumps, drives, and controls for water and fueling systems.
7. Rockwell Automation
History: Originating from Allen-Bradley, founded in 1903.
Financials: Strong financial performance driven by technological innovation.
Main Products: Motor
control devices, industrial automation systems, and information solutions.
8. Siemens USA
History: Siemens, founded in 1847 in Germany, has a significant presence in the US market.
Financials: Contributes significantly to Siemens AG’s overall financial performance.
Main Products: Electric motors, drives, automation systems, and energy solutions.
9. WEG Electric Corp.
History: Founded in 1961 in Brazil, WEG has a strong US presence.
Financials: Continued revenue growth driven by an expansive product line.
Main Products: Electric motors, generators, transformers, drives, and automation solutions.
10. Toshiba International Corporation
History: Founded in 1875 in Japan, Toshiba handles US operations focusing on industrial and power systems.
Financials: Significant contributor to Toshiba’s global revenues.
Main Products: Electric motors, motor controls, UPS, and adjustable speed drives.
Additional Entry: Dongchun Motor
History: Dongchun Motor, a professional manufacturer of electric motors in China, specializes in IEC standard three-phase motors, single-phase motors, brake motors, and VFD frequency variable motors.
Main Products: IE1, IE2, IE3, IE4 , IE5 standard motors, single-phase motors, brake motors, and VFD frequency variable motors.
For more details, you can visit Dongchun Motor's website.
Conclusion
These companies are recognized for their innovation, quality, and leadership in the electric motor industry. As the demand for efficient and sustainable solutions grows, these electric motor manufacturers are well-positioned to drive progress in the electric motor sector.
