The Permanent Magnet Motor Market is expected to be around US$ 60 Billion by 2027 at a CAGR of 8.5%.
Permanent magnet is an object created of magnetic force material, that has magnetic properties and creates its own field. magnet motors are factory-made using permanent magnets within the rotors. Rare earth magnets, made of rare-earth element metals, are powerful magnets utilized in PM motors. not like electromagnets, permanent magnets don’t need continuous current to take care of their field of force, thanks to that PM motors are most popular over magnetism motors. one in all the recent innovations in permanent magnets ar the nanocomposite permanent magnets. the utilization of permanent magnets reduces the scale of motors and improves performance, which may be done using nanocomposite permanent magnets. Currently, these magnets are utilized in magnetic storage media, biomedicine, sensors, pigments and catalysts.
Most magnet motors are employed in combination with AC or DC electrical motors. These styles of motors need less power, possess glorious chilling property and performs with higher efficiencies as compared to different electrical motors. magnet motors are employed in numerous industrial applications, so as to boost the efficiencies of the machines. Forklifts, Robots, Blower drives, Railroad (switchers, track, crossing gates), Marine Pumps and Amusement rides, are some of the prime examples wherever magnet motors are used. Presently, various benefits of permanent magnets like operative capabilities at higher temperatures, (due to less rotor losses) and less bearing currents (due to larger air gaps) are driving the magnet motors market.
Global Permanent Magnet Motor Market is segmented based on the type as Permanent Magnet Alternate Current Motor (PMAC), Permanent Magnet Alternate Direct Motor (PMDC) and Brushless DC. The report segments global Permanent Magnet Motor Market based on power rating as Up to 25 kW, 25–100 kW, 100–300 kW and 300 kW & Above. Based on end-user it covers Industrial, Commercial & Residential, Healthcare and Others. Global Permanent Magnet Motor Market report covers various regions including North America, Europe, Asia Pacific, and Rest of World. The regional Permanent Magnet Motor Market is further bifurcated for major countries including U.S., Canada, Germany, UK, France, Italy, China, India, Japan, Brazil, South Africa and others.
Competitive Rivalry
Global Permanent Magnet Motor Market share consists of several players including Siemens AG, ABB, General Electric, and Toshiba Corporation among others.
The Permanent Magnet Motor Market has been segmented as below:
Permanent Magnet Motor Market, By Type
Permanent Magnet Motor Market, By Power Rating
Permanent Magnet Motor Market, By End-User
Permanent Magnet Motor Market, By Region
The report covers:
Report scope:
The global Permanent Magnet Motor Market report covers detailed study with the underlying influencing factors for the variations in the industry growth trends.
The report scope includes market analysis on regional as well as country level. The report also provides competitive landscape covering company market shares with detailed profiling for major revenue contributing companies.
The report covers a detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Siemens AG, ABB, General Electric, and Toshiba Corporation among others.
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1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Research Methodology
2.2.1. Market Research Process
2.2.2. Research Methodology
2.2.2.1. Secondary Research
2.2.2.2. Primary Research
2.2.2.3. Models for Estimation
2.3. Market Size Estimation
2.3.1. Bottom-Up Approach
2.3.2. Top-Down Approach
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Challenges
5. Permanent Magnet Motor Market, By Type
5.1. Key Points
5.2. Permanent Magnet Alternate Current Motor (PMAC)
5.3. Permanent Magnet Alternate Direct Motor (PMDC)
5.4. Brushless DC
6. Permanent Magnet Motor Market, By Power Rating
6.1. Key Points
6.2. Up to 25 kW
6.3. 25–100 kW
6.4. 100–300 kW
6.5. 300 kW & Above
7. Permanent Magnet Motor Market, By End-User
7.1. Key Points
7.2. Industrial
7.3. Commercial & Residential
7.4. Healthcare
7.5. Others
8. Competitive Landscape
8.1. Introduction
8.2. Recent Developments
8.2.1. Mergers & Acquisitions
8.2.2. New Product Developments
8.2.3. Portfolio/Production Capacity Expansions
8.2.4. Joint Ventures, Collaborations, Partnerships & Agreements
8.2.5. Others
9. Company Profile
9.1. ABB
9.1.1. Company Overview
9.1.2. Product/Service Landscape
9.1.3. Financial Overview
9.1.4. Recent Developments
9.2. GE
9.2.1. Company Overview
9.2.2. Product/Service Landscape
9.2.3. Financial Overview
9.2.4. Recent Developments
9.3. Siemens
9.3.1. Company Overview
9.3.2. Product/Service Landscape
9.3.3. Financial Overview
9.3.4. Recent Developments
9.4. Yaskawa
9.4.1. Company Overview
9.4.2. Product/Service Landscape
9.4.3. Financial Overview
9.4.4. Recent Developments
9.5. Rockwell
9.5.1. Company Overview
9.5.2. Product/Service Landscape
9.5.3. Financial Overview
9.5.4. Recent Developments
9.6. Toshiba Corporation
9.6.1. Company Overview
9.6.2. Product/Service Landscape
9.6.3. Financial Overview
9.6.4. Recent Developments
9.7. Emerson
9.7.1. Company Overview
9.7.2. Product/Service Landscape
9.7.3. Financial Overview
9.7.4. Recent Developments
9.8. Johnson Electric
9.8.1. Company Overview
9.8.2. Product/Service Landscape
9.8.3. Financial Overview
9.8.4. Recent Developments
The Permanent Magnet Motor Market has been segmented as below:
Permanent Magnet Motor Market, By Type
Permanent Magnet Motor Market, By Power Rating
Permanent Magnet Motor Market, By End-User
Permanent Magnet Motor Market, By Region
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