Medium and high power electric motors are accounted for 10% of the total electric motors volume share and responsible for more than 90% of the electricity consumption. These motors are used in fans, pumps, valve, compressors, mechanical handling, machine tools, machine engineering, process plants and several other systems. The global medium and high power electric motors market is expected to see a significant growth through the forecast period 2013 – 2019. Rising electricity prices and stringent electricity consumption regulations are influencing industrial and other users to opt for energy efficient electric motors and machineries to reduce their operating costs. In addition, the demand for medium and high power electric motors is highly dependent on the growth in industrial production and expansion. Medium and high power manufacturers have to focus on energy efficiency, reliability and durability of motors as these are major factors which influence buyers purchase decision. However, producing energy efficient motors at lower cost with rising copper and other materials prices is the major challenge for manufacturers.