Permanent Magnet Motor Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

A permanent magnet is an object composed of a ferromagnetic material that has magnetic properties and creates its own magnetic field. Permanent magnet motors are manufactured using permanent magnets in the rotor. Permanent magnet motors (PMMs) are in great demand due to their high efficiency and throughput. These motors cover a wide range of applications, from stepping motors for wrist watches and industrial drives for machine tools to large PM synchronous motors for propulsion of ships.

Company Profile

• ABB
• GE
• Siemens
• Yaskawa
• Rockwell
• Nidec
• Ametek
• Toshiba
• Weg
• Emerson

Market Segmentation

By Type

• Permanent Magnet Alternate Current Motor (PMAC)
• Permanent Magnet Alternate Direct Motor (PMDC)
• Brushless DC

By Application

• Industrial
• Commercial & Residential
• Healthcare
• Others

Scope of the Report

The research study analyzes the global Permanent Magnet Motor industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Permanent Magnet Motor Market Report

1. What was the Permanent Magnet Motor Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of Permanent Magnet Motor Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Permanent Magnet Motor Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.