Motor Repair and Maintenance Market Size, Share, Trends and Report - 2034

  Motor Repair and Maintenance Market Outlook According to the report by Expert Market Research (EMR), the global motor repair and maintenance market attained a value of USD 33.57 billion in 2024. Aided by the increasing industrial automation, rising adoption of electric motors across multiple end-use sectors, and growing focus on extending motor lifespan through preventive maintenance, the market is expected to grow at a CAGR of 3.70% between 2025 and 2034, reaching USD 48.28 billion by 2034. Electric motors are the backbone of modern industrial infrastructure, powering equipment across sectors such as manufacturing, automotive, energy, oil and gas, and HVAC systems. Proper maintenance and timely repair are crucial to ensure efficient motor performance, reduce downtime, and prevent costly failures. As industries move toward automation and energy efficiency, the importance of structured motor maintenance programs and condition monitoring services continues to grow globally. Motor R...