What is Permanent Magnet Motor? Latest Facts and Strategy of Major Players MITSUBISHI, HITACHI, ABB, SIEMENS AG, GE, EMERSON, Bosch, MEIDENSHA, JJE

A permanent magnet synchronous motor (PMSM) uses permanent magnets embedded in the steel rotor to create a constant magnetic field. The stator carries windings connected to an AC supply to produce a rotating magnetic field. At synchronous speed the rotor poles lock to the rotating magnetic field. Permanent magnet synchronous motors are similar to brushless DC motors.

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Scope of the Report:
This report focuses on the Permanent Magnet Synchronous Motor (PMSM) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
With the development of technology, the global average price of Permanent Magnet Synchronous Motor is in the decreasing trend, from 15.37 USD/KW in 2011 to 14.27 USD/KW in 2015. With the situation of global economy, prices will be in decreasing trend in the following five years.

Permanent Magnet Synchronous Motor is widely used in Industry & Automation, Automotive, Elevator and Other industry. The most proportion of Permanent Magnet Synchronous Motor is Industry & Automation, with 71.45% market share in 2015. Automotive is the most potential one with growth rate above 10%.

China is the largest consumption place of Permanent Magnet Synchronous Motor, with a consumption market share nearly 31.26% in 2015. RoA is the second largest consumption of Permanent Magnet Synchronous Motor, enjoying consumption market share nearly 19.76% in 2015.
The worldwide market for Permanent Magnet Synchronous Motor (PMSM) is expected to grow at a CAGR of roughly 9.1% over the next five years, will reach 21700 million US$ in 2023, from 12900 million US$ in 2017.

Market Segment by Manufacturers, this report covers
MITSUBISHI
HITACHI
ABB
SIEMENS AG
GE
EMERSON
Bosch
MEIDENSHA
JJE
CONTINENTAL
ALSTOM
TOSHIBA
ZYEC

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Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
0-20KW
20-200KW
Above 200KW

Market Segment by Applications, can be divided into
Automotive
Elevator
Industry & Automation

Mr. Shah
Worldwide Market Reports
Tel: +1 415 871 0703
Email: sales@worldwidemarketreports.com

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