The Brazil electric motor market size reached USD 2.13 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 3.38 Billion by 2033, exhibiting a growth rate (CAGR) of 4.85% during 2025-2033. The increasing adoption industrial automation, rising demand for energy-efficient motors, expanding electric vehicle (EV) adoption, thriving construction and manufacturing sectors, favorable government initiatives for sustainable energy, and ongoing advancements in motor technology and smart solutions are some of the key factors strengthening the market growth.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 2.13 Billion |
Market Forecast in 2033 | USD 3.38 Billion |
Market Growth Rate (2025-2033) | 4.85% |
Rise of industrial automation
The industry in Brazil has been progressively integrating automation technologies for improving productivity, lowering operating costs, and increased efficiency. Automation is boosting demand for electric motors, which play a central role in machines within automated systems of different industries including manufacturing, mining, and farming. For instance, in January 2025, Brazil's EV sales hit a record 177,360 units in 2024, up 90% from 2023. Plug-in vehicles led growth, driven by expanding charging infrastructure, with São Paulo accounting for 32% of total sales. Moreover, motors are used in conveyor systems, pumps, compressors, robots, and other critical equipment. With industries in Brazil upgrading their operations, the use of motors that provide precision, reliability, and control is on the rise. Moreover, the rising government emphasis on reinvigorating the manufacturing sector through policies supporting automation and technology upgradation is supporting the electric motor market. Besides this, Industry 4.0 and the smart factories wherein connected machines and devices leverage real-time data to perform better are facilitating market growth.
Increasing adoption of EVs
Brazil is experiencing increased transition towards EVs as a part of the worldwide trend aimed at lowering the emission of greenhouse gases (GHG) and reducing the country's reliance on fossil fuels. Electric motors constitute the central pieces of EVs, driving both passenger cars and public transport buses. With Brazil's urbanization and escalating demand for environmentally friendly transportation, EV adoption is picking up pace, fueled by favorable government policies, tax credits, and growing investment in charging infrastructure. Moreover, automakers are also concentrating on increasing their production lines for electric vehicles to cater to rising consumer demand. For example, in February 2025, Renault and Zhejiang Geely announced a partnership to produce and sell zero- and low-emission vehicles in Brazil. Renault’s Ayrton Senna Industrial Complex in Paraná will support Geely’s entry into the Brazilian market. Additionally, the market of electric motors also gains enormously by this trend because EV motors necessitate very efficient, rugged, and small form factors, boosting the advancement in advanced motor technology. The surging EV market is also responsible for motor technologies, like PMSM and brushless DC motors, further promoting a robust future prospect of market growth.
Focus on energy efficiency and sustainability
Intensifying energy prices, regulatory demands, and environmental initiatives have turned energy efficiency into a high-priority item in Brazil's industries. Companies are more in search of electric motors with low energy consumption and good performance, leading to the demand for energy-efficient motors to rise. Additionally, legislation like Brazil's Procel energy-efficient mark for motors that require strict energy efficiency levels is compelling makers to come up with more advanced motors that require such high-efficiency levels. This trend concurs with global movement towards sustainability, whereby organizations and customers take precedence over products and habits which are ecologically friendly. This heightening focus on the energy efficiency is driving innovations in motor design, materials, and control systems, aiding the creation of motors that are energy-efficient and environmentally friendly, impelling the market growth.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region level for 2025-2033. Our report has categorized the market based on motor type, voltage, rated power, magnet type, weight, speed, application.
Motor Type Insights:
The report has provided a detailed breakup and analysis of the market based on the motor type. This includes AC motor (induction AC motor, and synchronous AC motor), DC motor (brushed DC motor, brushless DC motor and others), and others.
Voltage Insights:
A detailed breakup and analysis of the market based on the voltage have also been provided in the report. This includes low voltage electric motors, medium voltage electric motors, and high voltage electric motors.
Rated Power Insights:
The report has provided a detailed breakup and analysis of the market based on the rated power. This includes fractional horsepower motors (fractional horsepower (< 1/8) motors, fractional horsepower (1/8 - 1/2) motors, and fractional horsepower (1/2 - 1) motors), and integral horsepower motors (Integral Horsepower (1 - 5) Motors, integral horsepower (10 - 50) motors, integral horsepower (50 - 100) motors, and integral horsepower (>100) motors).
Magnet Type Insights:
A detailed breakup and analysis of the market based on the magnet type have also been provided in the report. This includes fractional horsepower motors, integral horsepower motors, ferrite, neodymium (NdFeB), and samarium cobalt (SmCo5 and Sm2Co17).
Weight Insights:
The report has provided a detailed breakup and analysis of the market based on the weight. This includes low weight motors, medium weight motors, high weight motors.
Speed Insights:
A detailed breakup and analysis of the market based on the speed have also been provided in the report. This includes ultra-high-speed motors, high-speed motors, medium speed motors, and low speed motors.
Application Insights:
The report has provided a detailed breakup and analysis of the market based on the application. This includes industrial machinery, HVAC, transportation, household appliances, motor vehicles, aerospace, marine, robotics, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Southeast, South, Northeast, North, and Central-West.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Motor Types Covered |
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Voltages Covered | Low Voltage Electric Motors, Medium Voltage Electric Motors, High Voltage Electric Motors |
Rated Powers Covered |
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Magnet Types Covered | Fractional Horsepower Motors, Integral Horsepower Motors, Ferrite, Neodymium (NdFeB), Samarium Cobalt (SmCo5 and Sm2Co17 |
Weights Covered | Low Weight Motors, Medium Weight Motors, High Weight Motors |
Speeds Covered | Ultra-High-Speed Motors, High-Speed Motors, Medium Speed Motors, Low Speed Motors |
Applications Covered | Industrial Machinery, HVAC, Transportation, Household Appliances, Motor Vehicles, Aerospace, Marine, Robotics, Others |
Regions Covered | Southeast, South, Northeast, North, Central-West |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: