Permanent Magnet Motor Market Size, Share, Trends, Growth 2028
Permanent Magnet Motor Market By Motor Type (AC motors, DC Motors, Hermetic motors), By Magnet Type (Neodymium, Samarium Cobalt, Ferrite), By Power Range (4.0 kW and Below, Between 4.0 22.0 kW, Between 22.0 75.0 kW, 75.0 kW and Above), By Applications (Factory Automation, Office Automation, Lab Equipment, Military/Aerospace) and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data and Forecasts 2022 - 2028
Category: Heavy Industry Report Format : PDF
Pages: 166 Report Code: ZMR-6946
Published Date: Mar-2022 Status : Published
| Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 41.5 Billion | USD 67.3 Billion | 9.8% | 2021 |
Table Of Content
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market research methodology
- Chapter 2. Executive Summary
- 2.1 Global Permanent Magnet Motor Market, (2022 - 2028) (USD Billion)
- 2.2 Global Permanent Magnet Motor Market : snapshot
- Chapter 3. Global Permanent Magnet Motor Market - Industry Analysis
- 3.1 Permanent Magnet Motor Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Increasing demand for energy-efficient and low-cost maintenance synchronized motors across different industries is likely to drive market growth.
- 3.3 Market Restraints
- 3.3.1. The high cost of permanent magnet motors may hinder the growth of the market
- 3.4 Market Opportunities
- 3.4.1. The adoption of cost-effective ferrite permanent magnets offers significant opportunities for the market expansion
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market attractiveness analysis By Motor Type
- 3.7.2 Market attractiveness analysis By Magnet Type
- 3.7.3 Market attractiveness analysis By Power Range
- 3.7.4 Market attractiveness analysis By Applications
- Chapter 4. Global Permanent Magnet Motor Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Permanent Magnet Motor Market: company market share, 2021
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Permanent Magnet Motor Market - Motor Type Analysis
- 5.1 Global Permanent Magnet Motor Market overview: By Motor Type
- 5.1.1 Global Permanent Magnet Motor Market share, By Motor Type, 2021 and 2028
- 5.2 DC Motors
- 5.2.1 Global Permanent Magnet Motor Market by DC Motors, 2022 - 2028 (USD Billion)
- 5.3 AC motors
- 5.3.1 Global Permanent Magnet Motor Market by AC motors, 2022 - 2028 (USD Billion)
- 5.4 Hermetic motors
- 5.4.1 Global Permanent Magnet Motor Market by Hermetic motors, 2022 - 2028 (USD Billion)
- 5.1 Global Permanent Magnet Motor Market overview: By Motor Type
- Chapter 6. Global Permanent Magnet Motor Market - Magnet Type Analysis
- 6.1 Global Permanent Magnet Motor Market overview: By Magnet Type
- 6.1.1 Global Permanent Magnet Motor Market share, By Magnet Type, 2021 and 2028
- 6.2 Samarium cobalt
- 6.2.1 Global Permanent Magnet Motor Market by Samarium cobalt, 2022 - 2028 (USD Billion)
- 6.3 Neodymium
- 6.3.1 Global Permanent Magnet Motor Market by Neodymium, 2022 - 2028 (USD Billion)
- 6.4 Ferrite
- 6.4.1 Global Permanent Magnet Motor Market by Ferrite, 2022 - 2028 (USD Billion)
- 6.1 Global Permanent Magnet Motor Market overview: By Magnet Type
- Chapter 7. Global Permanent Magnet Motor Market - Power Range Analysis
- 7.1 Global Permanent Magnet Motor Market overview: By Power Range
- 7.1.1 Global Permanent Magnet Motor Market share, By Power Range, 2021 and 2028
- 7.2 4.0 kW and below
- 7.2.1 Global Permanent Magnet Motor Market by 4.0 kW and below, 2022 - 2028 (USD Billion)
- 7.3 4.0 22.0 kW
- 7.3.1 Global Permanent Magnet Motor Market by 4.0 22.0 kW, 2022 - 2028 (USD Billion)
- 7.4 Between 22.0 to 75.0 kW
- 7.4.1 Global Permanent Magnet Motor Market by Between 22.0 to 75.0 kW, 2022 - 2028 (USD Billion)
- 7.5 75.0 kW and above
- 7.5.1 Global Permanent Magnet Motor Market by 75.0 kW and above, 2022 - 2028 (USD Billion)
- 7.1 Global Permanent Magnet Motor Market overview: By Power Range
- Chapter 8. Global Permanent Magnet Motor Market - Applications Analysis
- 8.1 Global Permanent Magnet Motor Market overview: By Applications
- 8.1.1 Global Permanent Magnet Motor Market share, By Applications, 2021 and 2028
- 8.2 Office automation
- 8.2.1 Global Permanent Magnet Motor Market by Office automation, 2022 - 2028 (USD Billion)
- 8.3 Factory automation
- 8.3.1 Global Permanent Magnet Motor Market by Factory automation, 2022 - 2028 (USD Billion)
- 8.4 Lab equipment
- 8.4.1 Global Permanent Magnet Motor Market by Lab equipment, 2022 - 2028 (USD Billion)
- 8.5 Military/aerospace.
- 8.5.1 Global Permanent Magnet Motor Market by Military/aerospace., 2022 - 2028 (USD Billion)
- 8.1 Global Permanent Magnet Motor Market overview: By Applications
- Chapter 9. Permanent Magnet Motor Market - Regional Analysis
- 9.1 Global Permanent Magnet Motor Market Regional Overview
- 9.2 Global Permanent Magnet Motor Market Share, by Region, 2021 & 2028 (USD Billion)
- 9.3. North America
- 9.3.1 North America Permanent Magnet Motor Market, 2022 - 2028 (USD Billion)
- 9.3.1.1 North America Permanent Magnet Motor Market, by Country, 2022 - 2028 (USD Billion)
- 9.3.1 North America Permanent Magnet Motor Market, 2022 - 2028 (USD Billion)
- 9.4 North America Permanent Magnet Motor Market, by Motor Type, 2022 - 2028
- 9.4.1 North America Permanent Magnet Motor Market, by Motor Type, 2022 - 2028 (USD Billion)
- 9.5 North America Permanent Magnet Motor Market, by Magnet Type, 2022 - 2028
- 9.5.1 North America Permanent Magnet Motor Market, by Magnet Type, 2022 - 2028 (USD Billion)
- 9.6 North America Permanent Magnet Motor Market, by Power Range, 2022 - 2028
- 9.6.1 North America Permanent Magnet Motor Market, by Power Range, 2022 - 2028 (USD Billion)
- 9.7 North America Permanent Magnet Motor Market, by Applications, 2022 - 2028
- 9.7.1 North America Permanent Magnet Motor Market, by Applications, 2022 - 2028 (USD Billion)
- 9.4. Europe
- 9.4.2 Europe Permanent Magnet Motor Market, 2022 - 2028 (USD Billion)
- 9.4.2.1 Europe Permanent Magnet Motor Market, by Country, 2022 - 2028 (USD Billion)
- 9.4.2 Europe Permanent Magnet Motor Market, 2022 - 2028 (USD Billion)
- 9.4 Europe Permanent Magnet Motor Market, by Motor Type, 2022 - 2028
- 9.4.1 Europe Permanent Magnet Motor Market, by Motor Type, 2022 - 2028 (USD Billion)
- 9.5 Europe Permanent Magnet Motor Market, by Magnet Type, 2022 - 2028
- 9.5.1 Europe Permanent Magnet Motor Market, by Magnet Type, 2022 - 2028 (USD Billion)
- 9.6 Europe Permanent Magnet Motor Market, by Power Range, 2022 - 2028
- 9.6.1 Europe Permanent Magnet Motor Market, by Power Range, 2022 - 2028 (USD Billion)
- 9.7 Europe Permanent Magnet Motor Market, by Applications, 2022 - 2028
- 9.7.1 Europe Permanent Magnet Motor Market, by Applications, 2022 - 2028 (USD Billion)
- 9.5. Asia Pacific
- 9.5.3 Asia Pacific Permanent Magnet Motor Market, 2022 - 2028 (USD Billion)
- 9.5.3.1 Asia Pacific Permanent Magnet Motor Market, by Country, 2022 - 2028 (USD Billion)
- 9.5.3 Asia Pacific Permanent Magnet Motor Market, 2022 - 2028 (USD Billion)
- 9.4 Asia Pacific Permanent Magnet Motor Market, by Motor Type, 2022 - 2028
- 9.4.1 Asia Pacific Permanent Magnet Motor Market, by Motor Type, 2022 - 2028 (USD Billion)
- 9.5 Asia Pacific Permanent Magnet Motor Market, by Magnet Type, 2022 - 2028
- 9.5.1 Asia Pacific Permanent Magnet Motor Market, by Magnet Type, 2022 - 2028 (USD Billion)
- 9.6 Asia Pacific Permanent Magnet Motor Market, by Power Range, 2022 - 2028
- 9.6.1 Asia Pacific Permanent Magnet Motor Market, by Power Range, 2022 - 2028 (USD Billion)
- 9.7 Asia Pacific Permanent Magnet Motor Market, by Applications, 2022 - 2028
- 9.7.1 Asia Pacific Permanent Magnet Motor Market, by Applications, 2022 - 2028 (USD Billion)
- 9.6. Latin America
- 9.6.4 Latin America Permanent Magnet Motor Market, 2022 - 2028 (USD Billion)
- 9.6.4.1 Latin America Permanent Magnet Motor Market, by Country, 2022 - 2028 (USD Billion)
- 9.6.4 Latin America Permanent Magnet Motor Market, 2022 - 2028 (USD Billion)
- 9.4 Latin America Permanent Magnet Motor Market, by Motor Type, 2022 - 2028
- 9.4.1 Latin America Permanent Magnet Motor Market, by Motor Type, 2022 - 2028 (USD Billion)
- 9.5 Latin America Permanent Magnet Motor Market, by Magnet Type, 2022 - 2028
- 9.5.1 Latin America Permanent Magnet Motor Market, by Magnet Type, 2022 - 2028 (USD Billion)
- 9.6 Latin America Permanent Magnet Motor Market, by Power Range, 2022 - 2028
- 9.6.1 Latin America Permanent Magnet Motor Market, by Power Range, 2022 - 2028 (USD Billion)
- 9.7 Latin America Permanent Magnet Motor Market, by Applications, 2022 - 2028
- 9.7.1 Latin America Permanent Magnet Motor Market, by Applications, 2022 - 2028 (USD Billion)
- 9.7. The Middle-East and Africa
- 9.7.5 The Middle-East and Africa Permanent Magnet Motor Market, 2022 - 2028 (USD Billion)
- 9.7.5.1 The Middle-East and Africa Permanent Magnet Motor Market, by Country, 2022 - 2028 (USD Billion)
- 9.7.5 The Middle-East and Africa Permanent Magnet Motor Market, 2022 - 2028 (USD Billion)
- 9.4 The Middle-East and Africa Permanent Magnet Motor Market, by Motor Type, 2022 - 2028
- 9.4.1 The Middle-East and Africa Permanent Magnet Motor Market, by Motor Type, 2022 - 2028 (USD Billion)
- 9.5 The Middle-East and Africa Permanent Magnet Motor Market, by Magnet Type, 2022 - 2028
- 9.5.1 The Middle-East and Africa Permanent Magnet Motor Market, by Magnet Type, 2022 - 2028 (USD Billion)
- 9.6 The Middle-East and Africa Permanent Magnet Motor Market, by Power Range, 2022 - 2028
- 9.6.1 The Middle-East and Africa Permanent Magnet Motor Market, by Power Range, 2022 - 2028 (USD Billion)
- 9.7 The Middle-East and Africa Permanent Magnet Motor Market, by Applications, 2022 - 2028
- 9.7.1 The Middle-East and Africa Permanent Magnet Motor Market, by Applications, 2022 - 2028 (USD Billion)
- Chapter 10. Company Profiles
- 10.1 ABB
- 10.1.1 Overview
- 10.1.2 Financials
- 10.1.3 Product Portfolio
- 10.1.4 Business Strategy
- 10.1.5 Recent Developments
- 10.2 Siemens
- 10.2.1 Overview
- 10.2.2 Financials
- 10.2.3 Product Portfolio
- 10.2.4 Business Strategy
- 10.2.5 Recent Developments
- 10.3 Rockwell Automation
- 10.3.1 Overview
- 10.3.2 Financials
- 10.3.3 Product Portfolio
- 10.3.4 Business Strategy
- 10.3.5 Recent Developments
- 10.4 Nidec Corporation
- 10.4.1 Overview
- 10.4.2 Financials
- 10.4.3 Product Portfolio
- 10.4.4 Business Strategy
- 10.4.5 Recent Developments
- 10.5 Johnson Electric
- 10.5.1 Overview
- 10.5.2 Financials
- 10.5.3 Product Portfolio
- 10.5.4 Business Strategy
- 10.5.5 Recent Developments
- 10.6 Wolong Electric
- 10.6.1 Overview
- 10.6.2 Financials
- 10.6.3 Product Portfolio
- 10.6.4 Business Strategy
- 10.6.5 Recent Developments
- 10.7 WEG
- 10.7.1 Overview
- 10.7.2 Financials
- 10.7.3 Product Portfolio
- 10.7.4 Business Strategy
- 10.7.5 Recent Developments
- 10.8 Allied Motion
- 10.8.1 Overview
- 10.8.2 Financials
- 10.8.3 Product Portfolio
- 10.8.4 Business Strategy
- 10.8.5 Recent Developments
- 10.9 AMETEK
- 10.9.1 Overview
- 10.9.2 Financials
- 10.9.3 Product Portfolio
- 10.9.4 Business Strategy
- 10.9.5 Recent Developments
- 10.10 Toshiba
- 10.10.1 Overview
- 10.10.2 Financials
- 10.10.3 Product Portfolio
- 10.10.4 Business Strategy
- 10.10.5 Recent Developments
- 10.11 Regal Beloit
- 10.11.1 Overview
- 10.11.2 Financials
- 10.11.3 Product Portfolio
- 10.11.4 Business Strategy
- 10.11.5 Recent Developments
- 10.12 Yaskawa
- 10.12.1 Overview
- 10.12.2 Financials
- 10.12.3 Product Portfolio
- 10.12.4 Business Strategy
- 10.12.5 Recent Developments
- 10.13 Liebherr
- 10.13.1 Overview
- 10.13.2 Financials
- 10.13.3 Product Portfolio
- 10.13.4 Business Strategy
- 10.13.5 Recent Developments
- 10.14 Faulhaber
- 10.14.1 Overview
- 10.14.2 Financials
- 10.14.3 Product Portfolio
- 10.14.4 Business Strategy
- 10.14.5 Recent Developments
- 10.15 TECO
- 10.15.1 Overview
- 10.15.2 Financials
- 10.15.3 Product Portfolio
- 10.15.4 Business Strategy
- 10.15.5 Recent Developments
- 10.16 Dumore
- 10.16.1 Overview
- 10.16.2 Financials
- 10.16.3 Product Portfolio
- 10.16.4 Business Strategy
- 10.16.5 Recent Developments
- 10.17 Kolmorgen
- 10.17.1 Overview
- 10.17.2 Financials
- 10.17.3 Product Portfolio
- 10.17.4 Business Strategy
- 10.17.5 Recent Developments
- 10.18 Electrocraft
- 10.18.1 Overview
- 10.18.2 Financials
- 10.18.3 Product Portfolio
- 10.18.4 Business Strategy
- 10.18.5 Recent Developments
- 10.19 Cartermotor Company
- 10.19.1 Overview
- 10.19.2 Financials
- 10.19.3 Product Portfolio
- 10.19.4 Business Strategy
- 10.19.5 Recent Developments
- 10.20 Mark Elektriks
- 10.20.1 Overview
- 10.20.2 Financials
- 10.20.3 Product Portfolio
- 10.20.4 Business Strategy
- 10.20.5 Recent Developments
- 10.1 ABB
Table Of Figures
- 1. Market research Type
- 2. Market research methodology
- 3. Global Permanent Magnet Motor Market, 2022 - 2028 (USD Billion)
- 4. Porter’s Five Forces Analysis
- 5. Global Permanent Magnet Motor Market attractiveness, By Motor Type
- 6. Global Permanent Magnet Motor Market attractiveness, By Magnet Type
- 7. Global Permanent Magnet Motor Market attractiveness, By Power Range
- 8. Global Permanent Magnet Motor Market attractiveness, By Applications
- 9. Global Permanent Magnet Motor Market share by Motor Type, 2022 and 2028 (USD Billion)
- 10. Global Permanent Magnet Motor Market by DC Motors, 2022 - 2028 (USD Billion)
- 11. Global Permanent Magnet Motor Market by AC motors, 2022 - 2028 (USD Billion)
- 12. Global Permanent Magnet Motor Market by Hermetic motors, 2022 - 2028 (USD Billion)
- 13. Global Permanent Magnet Motor Market share by Magnet Type, 2022 and 2028 (USD Billion)
- 14. Global Permanent Magnet Motor Market by Samarium cobalt, 2022 - 2028 (USD Billion)
- 15. Global Permanent Magnet Motor Market by Neodymium, 2022 - 2028 (USD Billion)
- 16. Global Permanent Magnet Motor Market by Ferrite, 2022 - 2028 (USD Billion)
- 17. Global Permanent Magnet Motor Market share by Power Range, 2022 and 2028 (USD Billion)
- 18. Global Permanent Magnet Motor Market by 4.0 kW and below, 2022 - 2028 (USD Billion)
- 19. Global Permanent Magnet Motor Market by 4.0 22.0 kW, 2022 - 2028 (USD Billion)
- 20. Global Permanent Magnet Motor Market by Between 22.0 to 75.0 kW, 2022 - 2028 (USD Billion)
- 21. Global Permanent Magnet Motor Market by 75.0 kW and above, 2022 - 2028 (USD Billion)
- 22. Global Permanent Magnet Motor Market share by Applications, 2022 and 2028 (USD Billion)
- 23. Global Permanent Magnet Motor Market by Office automation, 2022 - 2028 (USD Billion)
- 24. Global Permanent Magnet Motor Market by Factory automation, 2022 - 2028 (USD Billion)
- 25. Global Permanent Magnet Motor Market by Lab equipment, 2022 - 2028 (USD Billion)
- 26. Global Permanent Magnet Motor Market by Military/aerospace., 2022 - 2028 (USD Billion)
- 27. Global Permanent Magnet Motor Market share, by Region, 2022 and 2028
- 28. North America Permanent Magnet Motor Market, 2022 - 2028 (USD Billion)
- 29. Europe Permanent Magnet Motor Market, 2022 - 2028 (USD Billion)
- 30. Asia Pacific Permanent Magnet Motor Market, 2022 - 2028 (USD Billion)
- 31. Latin America Permanent Magnet Motor Market, 2022 - 2028 (USD Billion)
- 32. The Middle-East and Africa Permanent Magnet Motor Market, 2022 - 2028 (USD Billion)
Table Of Tables
- 1. Global Permanent Magnet Motor Market: Snapshot
- 2. Drivers of the Permanent Magnet Motor Market: impact analysis
- 3. North America Permanent Magnet Motor Market revenue, By Motor Type, 2022 - 2028 (USD Billion)
- 4. North America Permanent Magnet Motor Market revenue, By Magnet Type, 2022 - 2028 (USD Billion)
- 5. North America Permanent Magnet Motor Market revenue, By Power Range, 2022 - 2028 (USD Billion)
- 6. North America Permanent Magnet Motor Market revenue, By Applications, 2022 - 2028 (USD Billion)
- 7. U.S. Permanent Magnet Motor Market revenue, By Motor Type, 2022 - 2028 (USD Billion)
- 8. U.S. Permanent Magnet Motor Market revenue, By Magnet Type, 2022 - 2028 (USD Billion)
- 9. U.S. Permanent Magnet Motor Market revenue, By Power Range, 2022 - 2028 (USD Billion)
- 10. U.S. Permanent Magnet Motor Market revenue, By Applications, 2022 - 2028 (USD Billion)
- 11. Canada Permanent Magnet Motor Market revenue, By Motor Type, 2022 - 2028 (USD Billion)
- 12. Canada Permanent Magnet Motor Market revenue, By Magnet Type, 2022 - 2028 (USD Billion)
- 13. Canada Permanent Magnet Motor Market revenue, By Power Range, 2022 - 2028 (USD Billion)
- 14. Canada Permanent Magnet Motor Market revenue, By Applications, 2022 - 2028 (USD Billion)
- 15. Europe Permanent Magnet Motor Market revenue, By Motor Type, 2022 - 2028 (USD Billion)
- 16. Europe Permanent Magnet Motor Market revenue, By Magnet Type, 2022 - 2028 (USD Billion)
- 17. Europe Permanent Magnet Motor Market revenue, By Power Range, 2022 - 2028 (USD Billion)
- 18. Europe Permanent Magnet Motor Market revenue, By Applications, 2022 - 2028 (USD Billion)
- 19. Germany Permanent Magnet Motor Market revenue, By Motor Type, 2022 - 2028 (USD Billion)
- 20. Germany Permanent Magnet Motor Market revenue, By Magnet Type, 2022 - 2028 (USD Billion)
- 21. Germany Permanent Magnet Motor Market revenue, By Power Range, 2022 - 2028 (USD Billion)
- 22. Germany Permanent Magnet Motor Market revenue, By Applications, 2022 - 2028 (USD Billion)
- 23. France Permanent Magnet Motor Market revenue, By Motor Type, 2022 - 2028 (USD Billion)
- 24. France Permanent Magnet Motor Market revenue, By Magnet Type, 2022 - 2028 (USD Billion)
- 25. France Permanent Magnet Motor Market revenue, By Power Range, 2022 - 2028 (USD Billion)
- 26. France Permanent Magnet Motor Market revenue, By Applications, 2022 - 2028 (USD Billion)
- 27. U.K. Permanent Magnet Motor Market revenue, By Motor Type, 2022 - 2028 (USD Billion)
- 28. U.K. Permanent Magnet Motor Market revenue, By Magnet Type, 2022 - 2028 (USD Billion)
- 29. U.K. Permanent Magnet Motor Market revenue, By Power Range, 2022 - 2028 (USD Billion)
- 30. U.K. Permanent Magnet Motor Market revenue, By Applications, 2022 - 2028 (USD Billion)
- 31. Italy Permanent Magnet Motor Market revenue, By Motor Type, 2022 - 2028 (USD Billion)
- 32. Italy Permanent Magnet Motor Market revenue, By Magnet Type, 2022 - 2028 (USD Billion)
- 33. Italy Permanent Magnet Motor Market revenue, By Power Range, 2022 - 2028 (USD Billion)
- 34. Italy Permanent Magnet Motor Market revenue, By Applications, 2022 - 2028 (USD Billion)
- 35. Spain Permanent Magnet Motor Market revenue, By Motor Type, 2022 - 2028 (USD Billion)
- 36. Spain Permanent Magnet Motor Market revenue, By Magnet Type, 2022 - 2028 (USD Billion)
- 37. Spain Permanent Magnet Motor Market revenue, By Power Range, 2022 - 2028 (USD Billion)
- 38. Spain Permanent Magnet Motor Market revenue, By Applications, 2022 - 2028 (USD Billion)
- 39. Rest of Europe Permanent Magnet Motor Market revenue, By Motor Type, 2022 - 2028 (USD Billion)
- 40. Rest of Europe Permanent Magnet Motor Market revenue, By Magnet Type, 2022 - 2028 (USD Billion)
- 41. Rest of Europe Permanent Magnet Motor Market revenue, By Power Range, 2022 - 2028 (USD Billion)
- 42. Rest of Europe Permanent Magnet Motor Market revenue, By Applications, 2022 - 2028 (USD Billion)
- 43. Asia Pacific Permanent Magnet Motor Market revenue, By Motor Type, 2022 - 2028 (USD Billion)
- 44. Asia Pacific Permanent Magnet Motor Market revenue, By Magnet Type, 2022 - 2028 (USD Billion)
- 45. Asia Pacific Permanent Magnet Motor Market revenue, By Power Range, 2022 - 2028 (USD Billion)
- 46. Asia Pacific Permanent Magnet Motor Market revenue, By Applications, 2022 - 2028 (USD Billion)
- 47. China Permanent Magnet Motor Market revenue, By Motor Type, 2022 - 2028 (USD Billion)
- 48. China Permanent Magnet Motor Market revenue, By Magnet Type, 2022 - 2028 (USD Billion)
- 49. China Permanent Magnet Motor Market revenue, By Power Range, 2022 - 2028 (USD Billion)
- 50. China Permanent Magnet Motor Market revenue, By Applications, 2022 - 2028 (USD Billion)
- 51. Japan Permanent Magnet Motor Market revenue, By Motor Type, 2022 - 2028 (USD Billion)
- 52. Japan Permanent Magnet Motor Market revenue, By Magnet Type, 2022 - 2028 (USD Billion)
- 53. Japan Permanent Magnet Motor Market revenue, By Power Range, 2022 - 2028 (USD Billion)
- 54. Japan Permanent Magnet Motor Market revenue, By Applications, 2022 - 2028 (USD Billion)
- 55. India Permanent Magnet Motor Market revenue, By Motor Type, 2022 - 2028 (USD Billion)
- 56. India Permanent Magnet Motor Market revenue, By Magnet Type, 2022 - 2028 (USD Billion)
- 57. India Permanent Magnet Motor Market revenue, By Power Range, 2022 - 2028 (USD Billion)
- 58. India Permanent Magnet Motor Market revenue, By Applications, 2022 - 2028 (USD Billion)
- 59. South Korea Permanent Magnet Motor Market revenue, By Motor Type, 2022 - 2028 (USD Billion)
- 60. South Korea Permanent Magnet Motor Market revenue, By Magnet Type, 2022 - 2028 (USD Billion)
- 61. South Korea Permanent Magnet Motor Market revenue, By Power Range, 2022 - 2028 (USD Billion)
- 62. South Korea Permanent Magnet Motor Market revenue, By Applications, 2022 - 2028 (USD Billion)
- 63. South-East Asia Permanent Magnet Motor Market revenue, By Motor Type, 2022 - 2028 (USD Billion)
- 64. South-East Asia Permanent Magnet Motor Market revenue, By Magnet Type, 2022 - 2028 (USD Billion)
- 65. South-East Asia Permanent Magnet Motor Market revenue, By Power Range, 2022 - 2028 (USD Billion)
- 66. South-East Asia Permanent Magnet Motor Market revenue, By Applications, 2022 - 2028 (USD Billion)
- 67. Rest of Asia Pacific Permanent Magnet Motor Market revenue, By Motor Type, 2022 - 2028 (USD Billion)
- 68. Rest of Asia Pacific Permanent Magnet Motor Market revenue, By Magnet Type, 2022 - 2028 (USD Billion)
- 69. Rest of Asia Pacific Permanent Magnet Motor Market revenue, By Power Range, 2022 - 2028 (USD Billion)
- 70. Rest of Asia Pacific Permanent Magnet Motor Market revenue, By Applications, 2022 - 2028 (USD Billion)
- 71. Latin America Permanent Magnet Motor Market revenue, By Motor Type, 2022 - 2028 (USD Billion)
- 72. Latin America Permanent Magnet Motor Market revenue, By Magnet Type, 2022 - 2028 (USD Billion)
- 73. Latin America Permanent Magnet Motor Market revenue, By Power Range, 2022 - 2028 (USD Billion)
- 74. Latin America Permanent Magnet Motor Market revenue, By Applications, 2022 - 2028 (USD Billion)
- 75. Brazil Permanent Magnet Motor Market revenue, By Motor Type, 2022 - 2028 (USD Billion)
- 76. Brazil Permanent Magnet Motor Market revenue, By Magnet Type, 2022 - 2028 (USD Billion)
- 77. Brazil Permanent Magnet Motor Market revenue, By Power Range, 2022 - 2028 (USD Billion)
- 78. Brazil Permanent Magnet Motor Market revenue, By Applications, 2022 - 2028 (USD Billion)
- 79. Mexico Permanent Magnet Motor Market revenue, By Motor Type, 2022 - 2028 (USD Billion)
- 80. Mexico Permanent Magnet Motor Market revenue, By Magnet Type, 2022 - 2028 (USD Billion)
- 81. Mexico Permanent Magnet Motor Market revenue, By Power Range, 2022 - 2028 (USD Billion)
- 82. Mexico Permanent Magnet Motor Market revenue, By Applications, 2022 - 2028 (USD Billion)
- 83. Rest of Latin America Permanent Magnet Motor Market revenue, By Motor Type, 2022 - 2028 (USD Billion)
- 84. Rest of Latin America Permanent Magnet Motor Market revenue, By Magnet Type, 2022 - 2028 (USD Billion)
- 85. Rest of Latin America Permanent Magnet Motor Market revenue, By Power Range, 2022 - 2028 (USD Billion)
- 86. Rest of Latin America Permanent Magnet Motor Market revenue, By Applications, 2022 - 2028 (USD Billion)
- 87. The Middle-East and Africa Permanent Magnet Motor Market revenue, By Motor Type, 2022 - 2028 (USD Billion)
- 88. The Middle-East and Africa Permanent Magnet Motor Market revenue, By Magnet Type, 2022 - 2028 (USD Billion)
- 89. The Middle-East and Africa Permanent Magnet Motor Market revenue, By Power Range, 2022 - 2028 (USD Billion)
- 90. The Middle-East and Africa Permanent Magnet Motor Market revenue, By Applications, 2022 - 2028 (USD Billion)
- 91. GCC Countries Permanent Magnet Motor Market revenue, By Motor Type, 2022 - 2028 (USD Billion)
- 92. GCC Countries Permanent Magnet Motor Market revenue, By Magnet Type, 2022 - 2028 (USD Billion)
- 93. GCC Countries Permanent Magnet Motor Market revenue, By Power Range, 2022 - 2028 (USD Billion)
- 94. GCC Countries Permanent Magnet Motor Market revenue, By Applications, 2022 - 2028 (USD Billion)
- 95. South Africa Permanent Magnet Motor Market revenue, By Motor Type, 2022 - 2028 (USD Billion)
- 96. South Africa Permanent Magnet Motor Market revenue, By Magnet Type, 2022 - 2028 (USD Billion)
- 97. South Africa Permanent Magnet Motor Market revenue, By Power Range, 2022 - 2028 (USD Billion)
- 98. South Africa Permanent Magnet Motor Market revenue, By Applications, 2022 - 2028 (USD Billion)
- 99. Rest of Middle-East Africa Permanent Magnet Motor Market revenue, By Motor Type, 2022 - 2028 (USD Billion)
- 100. Rest of Middle-East Africa Permanent Magnet Motor Market revenue, By Magnet Type, 2022 - 2028 (USD Billion)
- 101. Rest of Middle-East Africa Permanent Magnet Motor Market revenue, By Power Range, 2022 - 2028 (USD Billion)
- 102. Rest of Middle-East Africa Permanent Magnet Motor Market revenue, By Applications, 2022 - 2028 (USD Billion)
Methodology
FrequentlyAsked Questions
Increasing demand for energy-efficient and low-cost maintenance synchronized motors across different industries is likely to drive market growth. Permanent magnet synchronized motors are significantly more efficient than induction motors, and they are the most power-dense traction motors on the market. As a result, the growing need for higher-efficiency motors is projected to fuel the demand for permanent magnet synchronous motors in a variety of sectors.
According to the Zion Market Research report, the global permanent magnet motor market was worth about 41.5 (USD billion) in 2021 and is predicted to grow to around 67.3 (USD billion) by 2028, with a compound annual growth rate (CAGR) of around 9.8 percent.
During the projection period of 2022 to 2028, Asia Pacific is expected to be the biggest market. The permanent magnet motor market in the Asia Pacific is growing as a result of increased investments in the automotive industry, particularly electric cars, and increased electronics production in the area. Furthermore, nations like China, Japan, and India are propelling the region's permanent magnet motor market forward. North America and Europe combinedly holds more than 55 percent of the market share.
Key players functioning in the global permanent magnet motor market include ABB, Siemens, Rockwell Automation, Nidec Corporation, Johnson Electric, Wolong Electric, WEG, Allied Motion, AMETEK, Toshiba, Regal Beloit, Yaskawa, Liebherr, Faulhaber, TECO, Dumore, Kolmorgen, Electrocraft, Cartermotor Company, and Mark Elektriks.
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