Permanent Magnet Motor Global Market Report 2024

Global Permanent Magnet Motor Market Report 2024

Permanent Magnet Motor Global Market Report 2024 – By Type (Permanent Magnet Alternating Current (PMAC), Permanent Magnet Direct Current (PMDC), Brushless Direct Current (DC) Motors), By Power Rating (Up To 25KW, 25-100kW, 100-300KW, 300KW And Above), By Application (Automotive, Industrial, Consumer Electronics, Aerospace And Defense, Energy And Power Generation, Healthcare), By End User (Industrial, Commercial, Residential) – Market Size, Trends, And Global Forecast 2024-2033

Name: Permanent Magnet Motor Global Market Report 2024
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Permanent Magnet Motor Global Market Report 2024

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Permanent Magnet Motor Market Definition

A permanent magnet motorsis an electric motor that uses permanent magnets to create a magnetic field, eliminating the need for an external excitation current. This type of motor typically consists of a rotor with permanent magnets and a stator with windings. Permanent magnet motors are valued for their efficiency, compact design, and reliability, making them suitable for various applications, from household appliances to advanced automotive systems.

The main types of permanent magnet motors are permanent magnet alternating current (PMAC), permanent magnet direct current (PMDC), and brushless direct current (DC) motors. Permanent magnet AC motors, also known as permanent magnet synchronous motors (PMSMs), use permanent magnets embedded in the rotor to create a constant magnetic field. The various types of power ratings are up to 25kw, 25-100kw, 100-300kw, 300kw, and above. These are used in various applications such as automotive, industrial, consumer electronics, aerospace and defense, energy and power generation, and healthcare and also by various end users such as industrial, commercial, and residential.

Permanent Magnet Motor Market Segmentation

The permanent magnet motor market covered in this report is segmented –

1) By Type: Permanent Magnet Alternating Current (PMAC), Permanent Magnet Direct Current (PMDC), Brushless Direct Current (DC) Motors

2) By Power Rating: Up To 25KW, 25-100kW, 100-300KW, 300KW And Above

3) By Application: Automotive, Industrial, Consumer Electronics, Aerospace And Defense, Energy And Power Generation, Healthcare

4) By End User: Industrial, Commercial, Residential

Global Permanent Magnet Motor Market Size 2023 to 2028: Graph

Permanent Magnet Motor Market Size 2024 And Growth Rate

The permanent magnet motor market size has grown strongly in recent years. It will grow from $41.41 billion in 2023 to $45.42 billion in 2024 at a compound annual growth rate (CAGR) of 9.7%. The growth in the historic period can be attributed to an increase in the number of new households, growing adoption in the automotive sector, an increase in machine efficiency, an increase in the demand for automobiles, and an increasing demand for energy-efficient motors.

Permanent Magnet Motor Market Growth Forecast

The permanent magnet motor market size is expected to see strong growth in the next few years. It will grow to $66.23 billion in 2028 at a compound annual growth rate (CAGR) of 9.9%. The growth in the forecast period can be attributed to an increase in production costs, increasing motor efficiency due to permanent magnets, rising demand for permanent magnet motors (PMM), increasing use of PMDC engines in electric vehicles, and an increase in passenger as well as commercial vehicle sales. Major trends in the forecast period include technological advancements, technologically advanced solutions, product innovations, advancements in motor design and manufacturing techniques, and innovations and investments in research and development.

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Permanent Magnet Motor Market Driver: Surge In Electric Vehicle Adoption Drives Growth In Semiconductor Plating System Market

The growing adoption of electric vehicles is expected to propel the growth of the permanent magnet motor market going forward. Electric vehicles are automobiles powered entirely or partially by electricity stored in rechargeable batteries rather than by internal combustion engines. The growth of electric vehicles is due to rising environmental awareness, government incentives, advancements in battery technology, and increasing consumer demand for sustainable transportation solutions. Permanent magnet motors are integral to electric vehicles, offering benefits such as high efficiency, compact size, and reduced maintenance, all of which contribute to better overall vehicle performance and efficiency. For instance, in May 2023, according to the World Economic Forum, a Switzerland-based non-governmental organization, in 2022, electric vehicle (EV) sales surged by 55%, totaling 10.5 million units, as reported by the EV Volumes sales database. Therefore, the growing adoption of electric vehicles is driving the growth of the permanent magnet motor market.

Global Permanent Magnet Motor Market Major Players

Major companies operating in the permanent magnet motor market are Robert Bosch GmbH, Siemens AG, General Electric Co., Denso Corporation, ABB Limited, Toshiba Corporation, Valeo SA, Emerson Electric Co., Parker Hannifin Corporation, Nidec Corporation, Rockwell Automation Inc., MinebeaMitsumi Inc., Ametek Inc., WEG S.A., Yaskawa Electric Corp., Johnson Electric Holdings Ltd., Wolong Electric Co. Ltd., Buhler Motors GmbH, Bonfiglioli Group, Aerotech Corporation, Sinotech Group Inc.

Global Permanent Magnet Motor Market Trend: Advancements In Brushed Permanent Magnet DC Motors Enhancing Efficiency And Durability For Diverse Applications

Major companies operating in the permanent magnet motor market are focused on developing innovative products such as brushed permanent magnet DC motors to enhance their product offerings, improve energy efficiency, and meet the growing demand for reliable, cost-effective solutions in various applications, such as automotive, industrial automation, and consumer electronics. Brushed permanent magnet DC (PMDC) motors are a type of electric motor that uses permanent magnets to create the magnetic field required for operation, and they employ brushes to transfer current to the rotor. For instance, in June 2023, Delta Line, a Switzerland-based company specializing in permanent magnet motors, launched high torque capacity Brushed Permanent Magnet DC motors including 42D1, 52D1, and 63D1. These motors are designed to operate in harsh environmental conditions, featuring an IP54 protection rating and F insulation class, which enhances their durability. This offers customization options even for small and medium volume requests, including shaft or flange designs and special windings variations.

Permanent Magnet Motor Market Merger And Acquisition: Ara Partners Acquires VACUUMSCHMELZE Gmbh & Co. KG To Boost Supply Chain For High-Performance Magnetic Materials

In October 2023, Ara Partners, a US-based investment firm that provides funding for industrial projects and companies, acquired VACUUMSCHMELZE GmbH & Co. KG for an undisclosed amount. It positions Ara to capitalize on the increasing demand for high-performance magnetic materials essential for the energy transition and electrification processes across various industries. VACUUMSCHMELZE GmbH & Co. is a German-based company that manufactures magnetic materials and related products.

Regional Insights For The Global Permanent Magnet Motor Market

Asia-Pacific was the largest region in the permanent magnet motor market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the permanent magnet motor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the permanent magnet motor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The permanent magnet motor market consists of sales of permanent magnet steppers, axial flux permanent magnet steppers, and radial flux permanent magnet steppers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The permanent magnet motor market research report is one of a series of new reports from The Business Research Company that provides permanent magnet motor market statistics, including permanent magnet motor industry global market size, regional shares, competitors with a permanent magnet motor market share, detailed permanent magnet motor market segments, market trends, and opportunities, and any further data you may need to thrive in the permanent magnet motor industry. This permanent magnet motor market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Permanent Magnet Motor Market Report Forecast Analysis

Report Attribute	Details
Market Size Value In 2024	$ 36.7 Billion
Revenue Forecast In 2033	$ 77.39 Billion
Growth Rate	CAGR of 20.50% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Type: Permanent Magnet Alternating Current (PMAC), Permanent Magnet Direct Current (PMDC), Brushless Direct Current (DC) Motors 2) By Power Rating: Up To 25KW, 25-100kW, 100-300KW, 300KW And Above 3) By Application: Automotive, Industrial, Consumer Electronics, Aerospace And Defense, Energy And Power Generation, Healthcare 4) By End User: Industrial, Commercial, Residential
Regional Scope	Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Robert Bosch GmbH, Siemens AG, General Electric Co., Denso Corporation, ABB Limited, Toshiba Corporation, Valeo SA, Emerson Electric Co., Parker Hannifin Corporation, Nidec Corporation, Rockwell Automation Inc., MinebeaMitsumi Inc., Ametek Inc., WEG S.A., Yaskawa Electric Corp., Johnson Electric Holdings Ltd., Wolong Electric Co. Ltd., Buhler Motors GmbH, Bonfiglioli Group, Aerotech Corporation, Sinotech Group Inc.
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1. Executive Summary

2. Permanent Magnet Motor Market Characteristics

3. Permanent Magnet Motor Market Trends And Strategies

4. Permanent Magnet Motor Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Permanent Magnet Motor Market Size and Growth

5.1. Global Permanent Magnet Motor Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Permanent Magnet Motor Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Permanent Magnet Motor Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Permanent Magnet Motor Market Segmentation

6.1. Global Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Permanent Magnet Alternating Current (PMAC)

Permanent Magnet Direct Current (PMDC)

Brushless Direct Current (DC) Motors

6.2. Global Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Up To 25KW

25-100kW

100-300KW

300KW And Above

6.3. Global Permanent Magnet Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Automotive

Industrial

Consumer Electronics

Aerospace And Defense

Energy And Power Generation

Healthcare

6.4. Global Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Industrial

Commercial

Residential

7. Permanent Magnet Motor Market Regional And Country Analysis

7.1. Global Permanent Magnet Motor Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Permanent Magnet Motor Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Permanent Magnet Motor Market

8.1. Asia-Pacific Permanent Magnet Motor Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Permanent Magnet Motor Market

9.1. China Permanent Magnet Motor Market Overview

9.2. China Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Permanent Magnet Motor Market

10.1. India Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Permanent Magnet Motor Market

11.1. Japan Permanent Magnet Motor Market Overview

11.2. Japan Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Permanent Magnet Motor Market

12.1. Australia Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Permanent Magnet Motor Market

13.1. Indonesia Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Permanent Magnet Motor Market

14.1. South Korea Permanent Magnet Motor Market Overview

14.2. South Korea Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Permanent Magnet Motor Market

15.1. Western Europe Permanent Magnet Motor Market Overview

15.2. Western Europe Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Permanent Magnet Motor Market

16.1. UK Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Permanent Magnet Motor Market

17.1. Germany Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Permanent Magnet Motor Market

18.1. France Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.2. France Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.3. France Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Permanent Magnet Motor Market

19.1. Italy Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.2. Italy Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.3. Italy Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Permanent Magnet Motor Market

20.1. Spain Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.2. Spain Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.3. Spain Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Permanent Magnet Motor Market

21.1. Eastern Europe Permanent Magnet Motor Market Overview

21.2. Eastern Europe Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Permanent Magnet Motor Market

22.1. Russia Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Permanent Magnet Motor Market

23.1. North America Permanent Magnet Motor Market Overview

23.2. North America Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Permanent Magnet Motor Market

24.1. USA Permanent Magnet Motor Market Overview

24.2. USA Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Permanent Magnet Motor Market

25.1. Canada Permanent Magnet Motor Market Overview

25.2. Canada Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Permanent Magnet Motor Market

26.1. South America Permanent Magnet Motor Market Overview

26.2. South America Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Permanent Magnet Motor Market

27.1. Brazil Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Permanent Magnet Motor Market

28.1. Middle East Permanent Magnet Motor Market Overview

28.2. Middle East Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Permanent Magnet Motor Market

29.1. Africa Permanent Magnet Motor Market Overview

29.2. Africa Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Permanent Magnet Motor Market Competitive Landscape And Company Profiles

30.1. Permanent Magnet Motor Market Competitive Landscape

30.2. Permanent Magnet Motor Market Company Profiles

30.2.1. Robert Bosch GmbH

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Siemens AG

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. General Electric Co.

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Denso Corporation

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. ABB Limited

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Permanent Magnet Motor Market Other Major And Innovative Companies

31.1. Toshiba Corporation

31.2. Valeo SA

31.3. Emerson Electric Co.

31.4. Parker Hannifin Corporation

31.5. Nidec Corporation

31.6. Rockwell Automation Inc.

31.7. MinebeaMitsumi Inc.

31.8. Ametek Inc.

31.9. WEG S.A.

31.10. Yaskawa Electric Corp.

31.11. Johnson Electric Holdings Ltd.

31.12. Wolong Electric Co. Ltd.

31.13. Buhler Motors GmbH

31.14. Bonfiglioli Group

31.15. Aerotech Corporation

32. Global Permanent Magnet Motor Market Competitive Benchmarking

33. Global Permanent Magnet Motor Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Permanent Magnet Motor Market

35. Permanent Magnet Motor Market Future Outlook and Potential Analysis

35.1 Permanent Magnet Motor Market In 2028 - Countries Offering Most New Opportunities

35.2 Permanent Magnet Motor Market In 2028 - Segments Offering Most New Opportunities

35.3 Permanent Magnet Motor Market In 2028 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Figure 1:

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Figure 3: Global Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 4: Global Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 5: Global Permanent Magnet Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 6: Global Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 7: Global Permanent Magnet Motor Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 8: Global Permanent Magnet Motor Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 9: Asia-Pacific, Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 10: Asia-Pacific, Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 11: Asia-Pacific, Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 12: China, Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 13: China, Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 14: China, Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 15: India, Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 16: India, Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 17: India, Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 18: Japan, Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 19: Japan, Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 20: Japan, Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 21: Australia, Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 22: Australia, Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 23: Australia, Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 24: Indonesia, Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 25: Indonesia, Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 26: Indonesia, Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 27: South Korea, Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 28: South Korea, Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 29: South Korea, Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 30: Western Europe, Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 31: Western Europe, Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 32: Western Europe, Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 33: UK, Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 34: UK, Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 35: UK, Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 36: Germany, Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 37: Germany, Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 38: Germany, Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 39: France, Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 40: France, Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 41: France, Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 42: Italy, Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 43: Italy, Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 44: Italy, Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 45: Spain, Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 46: Spain, Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 47: Spain, Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 48: Eastern Europe, Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 49: Eastern Europe, Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 50: Eastern Europe, Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 51: Russia, Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 52: Russia, Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 53: Russia, Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 54: North America, Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 55: North America, Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 56: North America, Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 57: USA, Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 58: USA, Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 59: USA, Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 60: Canada, Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 61: Canada, Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 62: Canada, Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 63: South America, Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 64: South America, Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 65: South America, Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 66: Brazil, Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 67: Brazil, Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 68: Brazil, Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 69: Middle East, Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 70: Middle East, Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 71: Middle East, Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 72: Africa, Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 73: Africa, Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 74: Africa, Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 75: Robert Bosch GmbH Financial Performance
Figure 76: Siemens AG Financial Performance
Figure 77: General Electric Co. Financial Performance
Figure 78: Denso Corporation Financial Performance
Figure 79: ABB Limited Financial Performance

List Of Figures

Table 1:

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Permanent Magnet Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 6: Global Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 7: Global Permanent Magnet Motor Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 8: Global Permanent Magnet Motor Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 9: Asia-Pacific, Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 10: Asia-Pacific, Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 11: Asia-Pacific, Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 12: China, Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 13: China, Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 14: China, Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 15: India, Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 16: India, Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 17: India, Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 18: Japan, Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 19: Japan, Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 20: Japan, Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 21: Australia, Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 22: Australia, Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 23: Australia, Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 24: Indonesia, Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 25: Indonesia, Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 26: Indonesia, Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 27: South Korea, Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 28: South Korea, Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 29: South Korea, Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 30: Western Europe, Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 31: Western Europe, Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 32: Western Europe, Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 33: UK, Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 34: UK, Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 35: UK, Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 36: Germany, Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 37: Germany, Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 38: Germany, Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 39: France, Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 40: France, Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 41: France, Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 42: Italy, Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 43: Italy, Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 44: Italy, Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 45: Spain, Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 46: Spain, Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 47: Spain, Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 48: Eastern Europe, Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 49: Eastern Europe, Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 50: Eastern Europe, Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 51: Russia, Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 52: Russia, Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 53: Russia, Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 54: North America, Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 55: North America, Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 56: North America, Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 57: USA, Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 58: USA, Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 59: USA, Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 60: Canada, Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 61: Canada, Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 62: Canada, Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 63: South America, Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 64: South America, Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 65: South America, Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 66: Brazil, Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 67: Brazil, Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 68: Brazil, Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 69: Middle East, Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 70: Middle East, Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 71: Middle East, Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 72: Africa, Permanent Magnet Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 73: Africa, Permanent Magnet Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 74: Africa, Permanent Magnet Motor Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 75: Robert Bosch GmbH Financial Performance
Table 76: Siemens AG Financial Performance
Table 77: General Electric Co. Financial Performance
Table 78: Denso Corporation Financial Performance
Table 79: ABB Limited Financial Performance

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Frequently Asked Questions

What is the definition of the permanent magnet motor market?

A permanent magnet motor is an electric motor that uses permanent magnets to create a magnetic field, eliminating the need for an external excitation current. This type of motor typically consists of a rotor with permanent magnets and a stator with windings. Permanent magnet motors are valued for their efficiency, compact design, and reliability, making them suitable for various applications, from household appliances to advanced automotive systems. For further insights on the permanent magnet motor market, request a sample here

How will the permanent magnet motor market drivers and restraints affect the permanent magnet motor market dynamics? What forces will shape the permanent magnet motor industry going forward?

The permanent magnet motor market major growth driver - Surge In Electric Vehicle Adoption Drives Growth In Semiconductor Plating System Market. For further insights on the permanent magnet motor market, request a sample here

What is the forecast market size or the forecast market value of the permanent magnet motor market?

The permanent magnet motor market size has grown strongly in recent years. It will grow from $41.41 billion in 2023 to $45.42 billion in 2024 at a compound annual growth rate (CAGR) of 9.7%. The growth in the historic period can be attributed to an increase in the number of new households, growing adoption in the automotive sector, an increase in machine efficiency, an increase in the demand for automobiles, and an increasing demand for energy-efficient motors. The permanent magnet motor market size is expected to see strong growth in the next few years. It will grow to $66.23 billion in 2028 at a compound annual growth rate (CAGR) of 9.9%. The growth in the forecast period can be attributed to an increase in production costs, increasing motor efficiency due to permanent magnets, rising demand for permanent magnet motors (PMM), increasing use of PMDC engines in electric vehicles, and an increase in passenger as well as commercial vehicle sales. Major trends in the forecast period include technological advancements, technologically advanced solutions, product innovations, advancements in motor design and manufacturing techniques, and innovations and investments in research and development. For further insights on the permanent magnet motor market, request a sample here

How is the permanent magnet motor market segmented?

The permanent magnet motor market is segmented
1) By Type: Permanent Magnet Alternating Current (PMAC), Permanent Magnet Direct Current (PMDC), Brushless Direct Current (DC) Motors
2) By Power Rating: Up To 25KW, 25-100kW, 100-300KW, 300KW And Above
3) By Application: Automotive, Industrial, Consumer Electronics, Aerospace And Defense, Energy And Power Generation, Healthcare
4) By End User: Industrial, Commercial, Residential For further insights on the permanent magnet motor market, request a sample here

Which region has the largest share of the permanent magnet motor market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the permanent magnet motor market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the permanent magnet motor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the permanent magnet motor market, request a sample here.

Who are the major players in the permanent magnet motor market?

What are the key trends in the permanent magnet motor market?

Major trend in the permanent magnet motor market - Advancements In Brushed Permanent Magnet DC Motors Enhancing Efficiency And Durability For Diverse Applications. For further insights on the permanent magnet motor market, request a sample here.

What are the major opportunities in the permanent magnet motor market? What are the strategies for the permanent magnet motor market?

For detailed insights on the major opportunities and strategies in the permanent magnet motor market, request a sample here.

How does the permanent magnet motor market relate to the overall economy and other similar markets?

For detailed insights on permanent magnet motor market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the permanent magnet motor industry?

For detailed insights on the mergers and acquisitions in the permanent magnet motor industry, request a sample here.

What are the key dynamics influencing the permanent magnet motor market growth? SWOT analysis of the permanent magnet motor market.

For detailed insights on the key dynamics influencing the permanent magnet motor market growth and SWOT analysis of the permanent magnet motor industry, request a sample here.