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Global Permanent Magnet Synchronous Motor (PMSM) Market Report 2024

Permanent Magnet Synchronous Motor (PMSM) Global Market Report 2025 – By Type (Surface, Interior), By Capacity (375-450 kW, 450-600 kW, Above 600 kW), By Voltage Range (Above 60V, 41V60V, 31V40V, 21V30V, 10V20V, 9V and below), By Application (Automation, Consumer Electronics, Residential and Commercial, Automotive and Transportation, Lab Equipment, Medical, Military and Aerospace) – Market Size, Trends, And Global Forecast 2025-2034

Permanent Magnet Synchronous Motor (PMSM) Global Market Report 2025

Report Price : $4490.00 | Pages : 200 | Published : January 2025 | Delivery Time: 2-3 business days | Format : pdf

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Permanent Magnet Synchronous Motor (PMSM) Global Market Report 2024

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Permanent Magnet Synchronous Motor (PMSM) Market Definition

The permanent magnet synchronous motor (PMSM) is used for high-efficiency and high-performance motor drives. The permanent magnet synchronous motor refers to an AC synchronous motor for which field excitation is provided by permanent magnets and has a sinusoidal back EMF waveform. PMSM can generate torque at zero speed, but it requires a digitally controlled inverter for operations with permanent magnets.

The main types of permanent magnet synchronous motors on the market are surface and Interior. The surface permanent magnet synchronous motor (PMSM) consists of a brushless DC motor with a surface permanent magnet. The various capacities of permanent magnet synchronous motors are 375–450 kW, 450–600 kW, and above 600 kW. They are of various voltage types, such as above 60V, 41V60V, 31V40V, 21V30V, 10V20V, and 9V and below. These permanent magnet synchronous motor products are used in applications such as automation, consumer electronics, residential and commercial, automotive and transportation, lab equipment, medical, and military and aerospace.

Permanent Magnet Synchronous Motor (PMSM) Market Segmentation

The permanent magnet synchronous motor (PMSM) market covered in this report is segmented –

1) By Type: Surface, Interior

2) By Capacity: 375-450 kW, 450-600 kW, Above 600 kW

3) By Voltage Range: Above 60V, 41V60V, 31V40V, 21V30V, 10V20V, 9V and below

4) By Application: Automation, Consumer Electronics, Residential and Commercial, Automotive and Transportation, Lab Equipment, Medical, Military and Aerospace

Subsegments:

1) By Surface PMSM: Radial Flux Surface PMSM, Axial Flux Surface PMSM

2) By Interior PMSM: Radial Flux Interior PMSM, Axial Flux Interior PMSM, Synchronous Reluctance PMSM

Permanent Magnet Synchronous Motor (PMSM) Market Size and growth rate 2025 to 2029: Graph

Permanent Magnet Synchronous Motor (PMSM) Market Size 2025 And Growth Rate

The permanent magnet synchronous motor (PMSM) market size has grown strongly in recent years. It will grow from $27.01 billion in 2024 to $29.3 billion in 2025 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to electric vehicle (ev) and hybrid vehicle adoption, industrial automation and robotics, energy efficiency and green technology initiatives, increased use in HVAC systems, advancements in magnet materials.

Permanent Magnet Synchronous Motor (PMSM) Market Growth Forecast

The permanent magnet synchronous motor (PMSM) market size is expected to see strong growth in the next few years. It will grow to $40.4 billion in 2029 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to expansion of renewable energy applications, growth in ev charging infrastructure, smart grid and distributed energy systems, integration of PMSMs in household appliances, electrification of transportation. Major trends in the forecast period include rare-earth element recycling for magnets, pmsms with advanced sensor technology, adoption of silicon carbide (sic) power electronics, customized pmsm solutions for specific industries, smart motor diagnostics and predictive maintenance.

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Permanent Magnet Synchronous Motor (PMSM) Market Driver: Green Vehicle Surge Boosts The Permanent Magnet Synchronous Motor (PMSM) Market

The emergence of green vehicles is significantly contributing to the growth of the permanent magnet synchronous motor (PMSM) market. A green vehicle, also known as a clean vehicle or an eco-friendly vehicle, is a road motor vehicle that has fewer negative environmental effects than comparable conventional internal combustion engine vehicles that are powered by diesel, or alternative fuel vehicles. Due to its zero-emission and fuel economy standards, the demand for green vehicles is increasing. For instance, June 2023, according to a report published by the International Council for Clean Transport (ICCT) a US-based nonprofit research institute, the global EV sales in 2022 reached 10 million, a 54% increase from 2021, with China leading at 6.2 million EVs sold (82% increase), accounting for 59% of global sales, followed by the U.S. with 994,000 EVs, and Europe with 2.7 million EVs (15% increase), representing 25% of the global total. Therefore, the emergence of green vehicles is expected to propel the growth of permanent magnet synchronous motors (PMSM) market over the years.

Permanent Magnet Synchronous Motor (PMSM) Market Driver: Growing Construction Spending Is Anticipated To Fuel The Permanent Magnet Synchronous Motor (PMSM) Market

The growing construction spending is expected to propel the growth of the permanent magnet synchronous motor (PMSM) market going forward. Construction refers to the process of building or assembling infrastructure, structures, or facilities. Permanent Magnet Synchronous Motors (PMSMs) are used in construction equipment for precise speed and torque control. For instance, in October 2023, the U.S. Census Bureau, s US-based government agency, reported that in August 2023, the estimated seasonally adjusted annual rate for construction expenditure in the US was $1,983.5 billion, marking a 0.5% increase from the revised figure of $1,973.7 billion in July 2023. Therefore, the growing construction spending is driving the growth of the permanent magnet synchronous motor market.

Global Permanent Magnet Synchronous Motor (PMSM) Market Major Players

Major companies operating in the permanent magnet synchronous motor (PMSM) market include Siemens AG, Mitsubishi Electric Corporation, Toshiba Corp., Hitachi Ltd., Asea Brown Boveri Ltd., Robert Bosch GmbH, Meidensha Corporation, Continental AG, Alstom SA, Zhongshan Broad-Ocean Motor Co Ltd, Xizi Forvorda, DRS Technologies Inc., Emerson Electric Co, Johnson Electric Holdings Limited, Nidec Motor Corporation, AMETEK Inc., ARC Systems Inc., Bühler Motor GmbH, Danaher Corporation, Dunkermotoren GmbH, Dr. Fritz Faulhaber GmbH & Co. KG, Fuji Electric Co. Ltd., General Electric Company, Maxon Motor AG, Moog Inc., Oriental Motor Co. Ltd., Parker Hannifin Corporation, Regal Beloit Corporation, Rockwell Automation Inc., Schneider Electric SE, Sumitomo Heavy Industries Ltd., WEG S.A., Yaskawa Electric Corporation

Global Permanent Magnet Synchronous Motor (PMSM) Market Trend: Technological Advancements Propel The Evolution And Efficiency Of Permanent Magnet Synchronous Motors (PMSM)

Technological advancements are the key trend being followed by the companies operating in the permanent magnet synchronous motor (PMSM) market. The rapid advancement of permanent magnet (PM) manufacturing technologies has significantly enhanced the efficiency and output power of PM synchronous machines (PMSMs), prompting the use of direct-drive-type high-speed PMSMs rather than traditional mechanical gear transmission systems in a number of industrial fields. For instance, in August 2024, Mahindra Last Mile Mobility Limited (MLMML), an India-based electric last-mile mobility three- and four-wheeler manufacturer, launched the e-Alfa Plus electric rickshaw. This is powered by an advanced Permanent Magnet Synchronous Motor (PMSM) that delivers 1.95 kW of peak power and a maximum torque of 26.9 Nm, providing a real-world range of over 100 kilometers on a single charge. It is designed for durability and driver safety, featuring an 18-month warranty, an advanced braking system, and a three-year accidental insurance policy for drivers, making it a reliable choice for both urban and rural transportation needs.

Global Permanent Magnet Synchronous Motor (PMSM) Market Trend: Innovative Motor Control Solutions Optimize Vehicle Efficiency And Performance

Major companies operating in the permanent magnet synchronous motor (PMSM) market are launching innovative solutions, such as automotive motor control solutions, to improve efficiency and enable software-defined electric vehicles by optimizing motor control in various automotive applications such as pumps, fans, and comfort systems. Automotive Motor Control Solution refers to advanced technology designed to optimize the control and efficiency of electric motors in vehicles, enhancing performance, reducing energy consumption, and supporting various applications. For instance, in November 2023, NXP Semiconductors, a Netherlands-based provider of semiconductor products, launched the S32M2 motor control solution. This integrates power, analog functions, and extensive software libraries to optimize the control of vehicle applications such as pumps, fans, and seat position systems, improving efficiency, reducing noise, and enhancing occupant comfort. It enables automakers to accelerate time-to-market, lower costs, and maximize software reuse across the S32 vehicle compute platform, contributing to the transition toward software-defined vehicles.

Permanent Magnet Synchronous Motor (PMSM) Market Merger And Acquisition: Cummins Acquires Siemens E-Drives Business To Enhance Electric Powertrain Portfolio

In December 2022, Cummins, a US-based company that designs, manufactures, sells and services diesel and alternative fuel engines acquired Siemens e-Drives Business for an undisclosed amount. This acquisition includes expertise in electric motors, specifically direct drive and transmission-based remote mount electric motors, inverters, software, and other related services for electric powertrains. One notable product from the acquired portfolio is the ''single-winding permanent synchronous magnet direct drive motor,'' which is tailored for 9-to-12-meter buses.

Regional Outlook For The Global Permanent Magnet Synchronous Motor (PMSM) Market

Asia-Pacific was the largest region in the permanent magnet synchronous (PMSM) market in 2024 and is also expected to be the fastest-growing region in the forecast period. The regions covered in the permanent magnet synchronous motor (PMSM) market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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

What Defines the Permanent Magnet Synchronous Motor (PMSM) Market?

The permanent magnet synchronous motor market consists of sales of rotor, stator, induction motor. 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.

How is Market Value Defined and Measured?

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.

What is the Market Assessment and Strategic Outlook for the Permanent Magnet Synchronous Motor (PMSM) Industry?

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

Permanent Magnet Synchronous Motor (PMSM) Market Report Forecast Analysis
Report AttributeDetails
Market Size Value In 2025 $29.3 billion
Revenue Forecast In 2034 $40.4 billion
Growth Rate CAGR of 8.4% from 2025 to 2034
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered 1) By Type: Surface, Interior
2) By Capacity: 375-450 kW, 450-600 kW, Above 600 kW
3) By Voltage Range: Above 60V, 41V60V, 31V40V, 21V30V, 10V20V, 9V and below
4) By Application: Automation, Consumer Electronics, Residential and Commercial, Automotive and Transportation, Lab Equipment, Medical, Military and Aerospace Subsegments: 1) By Surface PMSM: Radial Flux Surface PMSM, Axial Flux Surface PMSM
2) By Interior PMSM: Radial Flux Interior PMSM, Axial Flux Interior PMSM, Synchronous Reluctance PMSM
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 Siemens AG, Mitsubishi Electric Corporation, Toshiba Corp., Hitachi Ltd., Asea Brown Boveri Ltd., Robert Bosch GmbH, Meidensha Corporation, Continental AG, Alstom SA, Zhongshan Broad-Ocean Motor Co Ltd, Xizi Forvorda, DRS Technologies Inc., Emerson Electric Co, Johnson Electric Holdings Limited, Nidec Motor Corporation, AMETEK Inc., ARC Systems Inc., Bühler Motor GmbH, Danaher Corporation, Dunkermotoren GmbH, Dr. Fritz Faulhaber GmbH & Co. KG, Fuji Electric Co. Ltd., General Electric Company, Maxon Motor AG, Moog Inc., Oriental Motor Co. Ltd., Parker Hannifin Corporation, Regal Beloit Corporation, Rockwell Automation Inc., Schneider Electric SE, Sumitomo Heavy Industries Ltd., WEG S.A., Yaskawa Electric Corporation
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    Table Of Contents

    1. Executive Summary

    2. Permanent Magnet Synchronous Motor (PMSM) Market Characteristics

    3. Permanent Magnet Synchronous Motor (PMSM) Market Trends And Strategies

    4. Permanent Magnet Synchronous Motor (PMSM) Market- Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics And Covid And Recovery On The Market

    5. Global Permanent Magnet Synchronous Motor (PMSM) Growth Analysis And Strategic Analysis Framework

    5.1. Global Permanent Magnet Synchronous Motor (PMSM) PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

    5.2. Analysis Of End Use Industries

    5.3. Global Permanent Magnet Synchronous Motor (PMSM) Market Growth Rate Analysis

    5.4. Global Permanent Magnet Synchronous Motor (PMSM) Historic Market Size and Growth, 2019- 2024, Value ($ Billion)

    5.5. Global Permanent Magnet Synchronous Motor (PMSM) Forecast Market Size and Growth, 2024- 2029, 2034F, Value ($ Billion)

    5.6. Global Permanent Magnet Synchronous Motor (PMSM) Total Addressable Market (TAM)

    6. Permanent Magnet Synchronous Motor (PMSM) Market Segmentation

    6.1. Global Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Surface

    Interior

    6.2. Global Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    375-450 kW

    450-600 kW

    Above 600 kW

    6.3. Global Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Above 60V

    41V60V

    31V40V

    21V30V

    10V20V

    9V and below

    6.4. Global Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Automation

    Consumer Electronics

    Residential and Commercial

    Automotive and Transportation

    Lab Equipment

    Medical

    Military and Aerospace

    6.5. Global Permanent Magnet Synchronous Motor (PMSM) Market, Sub-Segmentation Of Surface PMSM, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Radial Flux Surface PMSM

    Axial Flux Surface PMSM

    6.6. Global Permanent Magnet Synchronous Motor (PMSM) Market, Sub-Segmentation Of Interior PMSM, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Radial Flux Interior PMSM

    Axial Flux Interior PMSM

    Synchronous Reluctance PMSM

    7. Permanent Magnet Synchronous Motor (PMSM) Market Regional And Country Analysis

    7.1. Global Permanent Magnet Synchronous Motor (PMSM) Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    7.2. Global Permanent Magnet Synchronous Motor (PMSM) Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8. Asia-Pacific Permanent Magnet Synchronous Motor (PMSM) Market

    8.1. Asia-Pacific Permanent Magnet Synchronous Motor (PMSM) Market Overview

    Region Information, 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 Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8.3. Asia-Pacific Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8.4. Asia-Pacific Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    9. China Permanent Magnet Synchronous Motor (PMSM) Market

    9.1. China Permanent Magnet Synchronous Motor (PMSM) Market Overview

    9.2. China Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    9.3. China Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    9.4. China Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    10. India Permanent Magnet Synchronous Motor (PMSM) Market

    10.1. India Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    10.2. India Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    10.3. India Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11. Japan Permanent Magnet Synchronous Motor (PMSM) Market

    11.1. Japan Permanent Magnet Synchronous Motor (PMSM) Market Overview

    11.2. Japan Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11.3. Japan Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11.4. Japan Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12. Australia Permanent Magnet Synchronous Motor (PMSM) Market

    12.1. Australia Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12.2. Australia Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12.3. Australia Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13. Indonesia Permanent Magnet Synchronous Motor (PMSM) Market

    13.1. Indonesia Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13.2. Indonesia Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13.3. Indonesia Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14. South Korea Permanent Magnet Synchronous Motor (PMSM) Market

    14.1. South Korea Permanent Magnet Synchronous Motor (PMSM) Market Overview

    14.2. South Korea Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14.3. South Korea Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14.4. South Korea Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15. Western Europe Permanent Magnet Synchronous Motor (PMSM) Market

    15.1. Western Europe Permanent Magnet Synchronous Motor (PMSM) Market Overview

    15.2. Western Europe Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15.3. Western Europe Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15.4. Western Europe Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16. UK Permanent Magnet Synchronous Motor (PMSM) Market

    16.1. UK Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16.2. UK Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16.3. UK Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17. Germany Permanent Magnet Synchronous Motor (PMSM) Market

    17.1. Germany Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17.2. Germany Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17.3. Germany Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18. France Permanent Magnet Synchronous Motor (PMSM) Market

    18.1. France Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18.2. France Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18.3. France Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19. Italy Permanent Magnet Synchronous Motor (PMSM) Market

    19.1. Italy Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19.2. Italy Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19.3. Italy Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20. Spain Permanent Magnet Synchronous Motor (PMSM) Market

    20.1. Spain Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20.2. Spain Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20.3. Spain Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21. Eastern Europe Permanent Magnet Synchronous Motor (PMSM) Market

    21.1. Eastern Europe Permanent Magnet Synchronous Motor (PMSM) Market Overview

    21.2. Eastern Europe Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21.3. Eastern Europe Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21.4. Eastern Europe Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22. Russia Permanent Magnet Synchronous Motor (PMSM) Market

    22.1. Russia Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22.2. Russia Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22.3. Russia Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23. North America Permanent Magnet Synchronous Motor (PMSM) Market

    23.1. North America Permanent Magnet Synchronous Motor (PMSM) Market Overview

    23.2. North America Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23.3. North America Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23.4. North America Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24. USA Permanent Magnet Synchronous Motor (PMSM) Market

    24.1. USA Permanent Magnet Synchronous Motor (PMSM) Market Overview

    24.2. USA Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24.3. USA Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24.4. USA Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25. Canada Permanent Magnet Synchronous Motor (PMSM) Market

    25.1. Canada Permanent Magnet Synchronous Motor (PMSM) Market Overview

    25.2. Canada Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25.3. Canada Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25.4. Canada Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26. South America Permanent Magnet Synchronous Motor (PMSM) Market

    26.1. South America Permanent Magnet Synchronous Motor (PMSM) Market Overview

    26.2. South America Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26.3. South America Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26.4. South America Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27. Brazil Permanent Magnet Synchronous Motor (PMSM) Market

    27.1. Brazil Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27.2. Brazil Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27.3. Brazil Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28. Middle East Permanent Magnet Synchronous Motor (PMSM) Market

    28.1. Middle East Permanent Magnet Synchronous Motor (PMSM) Market Overview

    28.2. Middle East Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28.3. Middle East Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28.4. Middle East Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29. Africa Permanent Magnet Synchronous Motor (PMSM) Market

    29.1. Africa Permanent Magnet Synchronous Motor (PMSM) Market Overview

    29.2. Africa Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29.3. Africa Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29.4. Africa Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    30. Permanent Magnet Synchronous Motor (PMSM) Market Competitive Landscape And Company Profiles

    30.1. Permanent Magnet Synchronous Motor (PMSM) Market Competitive Landscape

    30.2. Permanent Magnet Synchronous Motor (PMSM) Market Company Profiles

    30.2.1. Siemens AG Overview, Products and Services, Strategy and Financial Analysis

    30.2.2. Mitsubishi Electric Corporation Overview, Products and Services, Strategy and Financial Analysis

    30.2.3. Toshiba Corp. Overview, Products and Services, Strategy and Financial Analysis

    30.2.4. Hitachi Ltd. Overview, Products and Services, Strategy and Financial Analysis

    30.2.5. Asea Brown Boveri Ltd. Overview, Products and Services, Strategy and Financial Analysis

    31. Permanent Magnet Synchronous Motor (PMSM) Market Other Major And Innovative Companies

    31.1. Robert Bosch GmbH

    31.2. Meidensha Corporation

    31.3. Continental AG

    31.4. Alstom SA

    31.5. Zhongshan Broad-Ocean Motor Co Ltd

    31.6. Xizi Forvorda

    31.7. DRS Technologies Inc.

    31.8. Emerson Electric Co

    31.9. Johnson Electric Holdings Limited

    31.10. Nidec Motor Corporation

    31.11. AMETEK Inc.

    31.12. ARC Systems Inc.

    31.13. Bühler Motor GmbH

    31.14. Danaher Corporation

    31.15. Dunkermotoren GmbH

    32. Global Permanent Magnet Synchronous Motor (PMSM) Market Competitive Benchmarking And Dashboard

    33. Key Mergers And Acquisitions In The Permanent Magnet Synchronous Motor (PMSM) Market

    34. Recent Developments In The Permanent Magnet Synchronous Motor (PMSM) Market

    35. Permanent Magnet Synchronous Motor (PMSM) Market High Potential Countries, Segments and Strategies

    35.1 Permanent Magnet Synchronous Motor (PMSM) Market In 2029- Countries Offering Most New Opportunities

    35.2 Permanent Magnet Synchronous Motor (PMSM) Market In 2029- Segments Offering Most New Opportunities

    35.3 Permanent Magnet Synchronous Motor (PMSM) Market In 2029- 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

    Table 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Permanent Magnet Synchronous Motor (PMSM) Market, Sub-Segmentation Of Surface PMSM, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Permanent Magnet Synchronous Motor (PMSM) Market, Sub-Segmentation Of Interior PMSM, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Permanent Magnet Synchronous Motor (PMSM) Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Global Permanent Magnet Synchronous Motor (PMSM) Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Asia-Pacific, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: Asia-Pacific, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: Asia-Pacific, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: China, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: China, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: China, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: India, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: India, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: India, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: Japan, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: Japan, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: Japan, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: Australia, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Australia, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Australia, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: Indonesia, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Indonesia, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: Indonesia, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: South Korea, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: South Korea, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: South Korea, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: Western Europe, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: Western Europe, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: Western Europe, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: UK, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: UK, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: UK, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: Germany, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: Germany, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: Germany, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: France, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: France, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: France, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: Italy, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: Italy, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: Italy, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: Spain, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Spain, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Spain, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Eastern Europe, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Eastern Europe, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Eastern Europe, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Russia, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: Russia, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 55: Russia, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 56: North America, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 57: North America, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 58: North America, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 59: USA, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 60: USA, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 61: USA, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 62: Canada, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 63: Canada, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 64: Canada, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 65: South America, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 66: South America, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 67: South America, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 68: Brazil, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 69: Brazil, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 70: Brazil, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 71: Middle East, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 72: Middle East, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 73: Middle East, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 74: Africa, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 75: Africa, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 76: Africa, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 77: Siemens AG Financial Performance
  • Table 78: Mitsubishi Electric Corporation Financial Performance
  • Table 79: Toshiba Corp. Financial Performance
  • Table 80: Hitachi Ltd. Financial Performance
  • Table 81: Asea Brown Boveri Ltd. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Permanent Magnet Synchronous Motor (PMSM) Market, Sub-Segmentation Of Surface PMSM, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Permanent Magnet Synchronous Motor (PMSM) Market, Sub-Segmentation Of Interior PMSM, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Permanent Magnet Synchronous Motor (PMSM) Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Global Permanent Magnet Synchronous Motor (PMSM) Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Asia-Pacific, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: Asia-Pacific, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: Asia-Pacific, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: China, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: China, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: China, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: India, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: India, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: India, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: Japan, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: Japan, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: Japan, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: Australia, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Australia, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Australia, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: Indonesia, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Indonesia, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: Indonesia, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: South Korea, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: South Korea, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: South Korea, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: Western Europe, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: Western Europe, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: Western Europe, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: UK, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: UK, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: UK, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: Germany, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: Germany, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: Germany, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: France, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: France, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: France, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: Italy, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: Italy, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: Italy, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: Spain, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Spain, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Spain, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Eastern Europe, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Eastern Europe, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Eastern Europe, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Russia, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: Russia, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 55: Russia, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 56: North America, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 57: North America, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 58: North America, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 59: USA, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 60: USA, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 61: USA, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 62: Canada, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 63: Canada, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 64: Canada, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 65: South America, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 66: South America, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 67: South America, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 68: Brazil, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 69: Brazil, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 70: Brazil, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 71: Middle East, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 72: Middle East, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 73: Middle East, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 74: Africa, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 75: Africa, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 76: Africa, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 77: Siemens AG Financial Performance
  • Figure 78: Mitsubishi Electric Corporation Financial Performance
  • Figure 79: Toshiba Corp. Financial Performance
  • Figure 80: Hitachi Ltd. Financial Performance
  • Figure 81: Asea Brown Boveri Ltd. Financial Performance

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Frequently Asked Questions

What is the definition of the permanent magnet synchronous motor (PMSM) market?

The permanent magnet synchronous motor (PMSM) is used for high-efficiency and high-performance motor drives. The permanent magnet synchronous motor refers to an AC synchronous motor for which field excitation is provided by permanent magnets and has a sinusoidal back EMF waveform. PMSM can generate torque at zero speed, but it requires a digitally controlled inverter for operations with permanent magnets. For further insights on the permanent magnet synchronous motor (PMSM) market, request a sample here

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

The permanent magnet synchronous motor (PMSM) market major growth driver - Green Vehicle Surge Boosts The Permanent Magnet Synchronous Motor (PMSM) Market. For further insights on the permanent magnet synchronous motor (PMSM) market, request a sample here

What is the forecast market size or the forecast market value of the permanent magnet synchronous motor (PMSM) market?

The permanent magnet synchronous motor (PMSM) market size has grown strongly in recent years. It will grow from $27.01 billion in 2024 to $29.3 billion in 2025 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to electric vehicle (ev) and hybrid vehicle adoption, industrial automation and robotics, energy efficiency and green technology initiatives, increased use in hvac systems, advancements in magnet materials. The permanent magnet synchronous motor (PMSM) market size is expected to see strong growth in the next few years. It will grow to $40.4 billion in 2029 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to expansion of renewable energy applications, growth in ev charging infrastructure, smart grid and distributed energy systems, integration of PMSMs in household appliances, electrification of transportation. Major trends in the forecast period include rare-earth element recycling for magnets, pmsms with advanced sensor technology, adoption of silicon carbide (sic) power electronics, customized pmsm solutions for specific industries, smart motor diagnostics and predictive maintenance. For further insights on the permanent magnet synchronous motor (PMSM) market, request a sample here

How is the permanent magnet synchronous motor (PMSM) market segmented?

The permanent magnet synchronous motor (PMSM) market is segmented
1) By Type: Surface, Interior
2) By Capacity: 375-450 kW, 450-600 kW, Above 600 kW
3) By Voltage Range: Above 60V, 41V60V, 31V40V, 21V30V, 10V20V, 9V and below
4) By Application: Automation, Consumer Electronics, Residential and Commercial, Automotive and Transportation, Lab Equipment, Medical, Military and Aerospace Subsegments:
1) By Surface PMSM: Radial Flux Surface PMSM, Axial Flux Surface PMSM
2) By Interior PMSM: Radial Flux Interior PMSM, Axial Flux Interior PMSM, Synchronous Reluctance PMSMFor further insights on the permanent magnet synchronous motor (PMSM) market, request a sample here

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

Asia-Pacific was the largest region in the permanent magnet synchronous (PMSM) market in 2024 and is also expected to be the fastest-growing region in the forecast period. The regions covered in the permanent magnet synchronous motor (PMSM) market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. For further insights on the permanent magnet synchronous motor (PMSM) market, request a sample here.

Who are the major players in the permanent magnet synchronous motor (PMSM) market?

Major companies operating in the permanent magnet synchronous motor (PMSM) market include Siemens AG, Mitsubishi Electric Corporation, Toshiba Corp., Hitachi Ltd., Asea Brown Boveri Ltd., Robert Bosch GmbH, Meidensha Corporation, Continental AG, Alstom SA, Zhongshan Broad-Ocean Motor Co Ltd, Xizi Forvorda, DRS Technologies Inc., Emerson Electric Co, Johnson Electric Holdings Limited, Nidec Motor Corporation, AMETEK Inc., ARC Systems Inc., Bühler Motor GmbH, Danaher Corporation, Dunkermotoren GmbH, Dr. Fritz Faulhaber GmbH & Co. KG, Fuji Electric Co. Ltd., General Electric Company, Maxon Motor AG, Moog Inc., Oriental Motor Co. Ltd., Parker Hannifin Corporation, Regal Beloit Corporation, Rockwell Automation Inc., Schneider Electric SE, Sumitomo Heavy Industries Ltd., WEG S.A., Yaskawa Electric Corporation For further insights on the permanent magnet synchronous motor (PMSM) market, request a sample here.

What are the key trends in the permanent magnet synchronous motor (PMSM) market?

Major trend in the permanent magnet synchronous motor (PMSM) market - Technological Advancements Propel The Evolution And Efficiency Of Permanent Magnet Synchronous Motors (PMSM). For further insights on the permanent magnet synchronous motor (PMSM) marke request a sample here.

What are the major opportunities in the permanent magnet synchronous motor (PMSM) market? What are the strategies for the permanent magnet synchronous motor (PMSM) market?

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

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

For detailed insights on permanent magnet synchronous motor (PMSM) 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 synchronous motor (PMSM) industry?

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

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

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