openPR Logo
Press release

Permanent Magnet Synchronous Motors Market Insights Report with COVID-19 Pandemic Analysis & Future Growth Analysis (2020-2030)

11-24-2021 10:39 AM CET | Industry, Real Estate & Construction

Press release from: TMR Research

Permanent Magnet Synchronous Motors Market Insights Report

Permanent Magnet Synchronous Motors Market: Overview

The increasing awareness about using green energy for vehicles and rising popularity of electric vehicles is a prime factor augmenting the growth of the global permanent magnet synchronous motors magnet during the forecast period set between 2020 and 2030. A PMSM or permanent magnet synchronous motor helps to create a constant magnetic field by using permanent magnets installed in the steel rotor for creating a stagnant magnetic field. Synchronous motors contain multiphase AC electromagnets on the stator of the engine that make a magnetic field which turns on schedule with the motions of the line current. The rotor with permanent magnets or electromagnets turns in sync with the stator field at a similar rate and accordingly, gives the second synchronized pivoting magnet field of any AC engine.

The global permanent magnet synchronous motors market is classified on the basis of capacity, type, control, end use, and region. Based on capacity, the market is categorized into capacity, type, control, end use, and geography. As per classification by capacity, the market is divided into 450 600 kW, above Kw, and 375-450 Kw. In terms of categorization by type, the market is bifurcated into interior and surface motors respectively. As per segmentation by control, the market is divided into sinusoidal and trapezoidal. Among these, the sinusoidal segment is again bifurcated into vector and scalar, and the trapezoidal segment is bifurcated into closed loop and open loop. With respect to segmentation by end use, the market is distinguished into mining, power, defense, marine, oil & gas, automotive, aerospace, electrical & electronics, and others that include healthcare.

The report offers an elaborate overview of the global market for permanent magnet synchronous motors and discusses the prime factors responsible for its growth. Besides this, the report highlights the key players functioning in the market and their prime strategies that will help the market generate higher revenues. Additionally, the table of segmentation for this market is also described in the report, with prime emphasis on the leading segments and its attributed factors. Furthermore, the report lists the current trends and innovations that have proved to be useful for the growth of this market in the past couple of years.

Get Exclusive PDF Sample Copy Of This Report:@
https://www.tmrresearch.com/sample/sample?flag=B&rep_id=7411

Permanent Magnet Synchronous Motors Market: Competitive Landscape

Manufacturers of the global permanent magnet synchronous motors market are indulged in innovative technology and development of highly-efficient moors to gain an upper hand in the overall market competition. Other players are engaging in collaborative efforts such as merger and acquisitions, and joint ventures so as to attract high revenues for the overall market on the one side and emerge dominant on the other.

Some of the key players functioning in the global permanent magnet synchronous motors market include:

Zhejiang Zhongyuan Electric Co., Ltd.
Yasakawa Electric Corp.
Yasa Limited
Toshiba International Corporation
Siemens AG
Rolls Royce Plc
Oemer Motori Elettrici S.P.A.
Nidec Corporation
Meidensha Corporation
Hitachi Ltd
Hansen Corporation
General Electric
ATE antriebstechnik undentwicklungs GmbH & Co. KG
Alstom
ABB Ltd.

To know more about the table of contents, you can click @
https://www.tmrresearch.com/sample/sample?flag=T&rep_id=7411

Permanent Magnet Synchronous Motors Market: Drivers

The advent of innovative design and technological advancement in the field of machinery and equipment sector is a prime factor augmenting the growth of the global permanent magnet synchronous motors market. Besides this, the increasing application of such motors for their swift acceleration and high power density property will also add impetus to the overall growth of this market. These motors are highly efficient and produce less noise as compared to other non-magnetic motors.Thus, the increasing adoption of such motors for use in the automotive industry is further expected to help the market attract significant revenues in the forecast period.

Permanent Magnet Synchronous Motors Market: Geographical Insights

Regionwise, the market is dominated by Asia Pacific on account of the presence of large automobile industries and their increasing demand for permanent magnet synchronous motors. The rapidly growing industrial sector and the increasing number of small and medium sized enterprises are also expected to add boost to the growth of the regional market in the coming years. Besides this, North America generated notable revenues on account of the increasing adoption of high end users for such motors.

Read Complete Overview Of The Report :
https://www.tmrresearch.com/permanent-magnet-synchronous-motors-market

About TMR Research:

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Contact:

TMR Research,
3739 Balboa St # 1097,
San Francisco, CA 94121
United States
Tel: +1-415-520-1050

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Permanent Magnet Synchronous Motors Market Insights Report with COVID-19 Pandemic Analysis & Future Growth Analysis (2020-2030) here

News-ID: 2472849 • Views:

More Releases from TMR Research

Automotive Vision System Market Share and Growth Factors Impact Analysis 2021 - 2031
Automotive Vision System Market Share and Growth Factors Impact Analysis 2021 - …
Automotive Vision System Market: Introduction A system that increases the vehicle driver's perception during night or bad weather conditions is termed as Automotive night vision system (ANVS). The system is otherwise beyond the reach of the vehicle's headlights, thereby prevents accidents at night. It can also be defined as a system which assists the driver by increasing visibility during bad whether while providing safety. Vehicle which have automotive vision system integrated are
Waste Heat Recovery Market Competitive Landscape Analysis with Forecast by 2031
Waste Heat Recovery Market Competitive Landscape Analysis with Forecast by 2031
Waste Heat Recovery Market: Snapshot The waste heat recovery market has been expected to reach a valuation of US$ 65.87 Bn and expand at a CAGR of 6.90% in the foreseeable years from 2020 to 2030. The growth opportunities in the waste heat recovery market are attributed to the increasing prices of electricity and energy in the emerging economies. In addition to this, government regulations and incentives are also estimated to contribute
Physical Fitness Equipment Market Current Trends and Future Aspect Analysis | Market has been expected to reach a valuation of US$ 14.8 Bn and expand at a CAGR of 3.3% in the foreseeable years from 2021 to 2031.
Physical Fitness Equipment Market Current Trends and Future Aspect Analysis | Ma …
Global Physical Fitness Equipment Market: Snapshot The physical fitness equipment market has been expected to reach a valuation of US$ 14.8 Bn and expand at a CAGR of 3.3% in the foreseeable years from 2020 to 2030. The revenue generation opportunities in the physical fitness equipment market are attributed to the increasing enthusiasm among people toward fitness. In recent years, the fitness industry has been growing at a noticeable speed owing to
Molecular Spectrometry Market Competitive Analysis and Forecast 2021-2031 | Growing Regions like North America, Europe and Asia Pacific.
Molecular Spectrometry Market Competitive Analysis and Forecast 2021-2031 | Grow …
Global Molecular Spectrometry Market: Snapshot  Molecular spectrometry examines and quantifies the response of molecules on interaction with known amounts of energy. Molecules have some energy levels that can be studied by determining the molecule's energy exchange through emission or absorbance. Molecular spectrometry involves studying emission, absorption, or scattering of electromagnetic waves by atoms or molecules to quantitatively and qualitatively study atoms, molecules or physical processes. The interaction of matter with radiation

All 5 Releases


More Releases for Synchronous

Synchronous Optical Network Market: A Comprehensive Overview
In 2023, the global Synchronous Optical Networking (SONET) market was valued at approximately USD 3.8 billion. Projections indicate that by 2032, the market will reach around USD 6.5 billion, reflecting a compound annual growth rate (CAGR) of 6.2% from 2024 to 2032. Synchronous Optical Network Market Overview The Synchronous Optical Network (SONET) market is experiencing steady growth due to the increasing demand for high-speed, reliable, and secure data transmission across
Back EMF of Permanent Magnet Synchronous Motor
Back EMF of Permanent Magnet Synchronous Motor [https://www.mingtengmotor.com/] 1. How is back EMF generated? The generation of back electromotive force is easy to understand. The principle is that the conductor cuts the magnetic lines of force. As long as there is relative motion between the two, the magnetic field can be stationary and the conductor cuts it, or the conductor can be stationary and the magnetic field moves. For permanent magnet synchronous motors
Synchronous Optical Networking - An Updated Analysis
Synchronous optical networking is an optical fiber network that includes point-to-point and ring network for delivering high-speed networking solutions to several industries. Download PDF Sample at https://www.theinsightpartners.com/sample/TIPRE00013610/?utm_source=Openpr&utm_medium=10396 In addition, synchronous optical networking caters a cost-effective medium to the end users for transferring huge volume of data through the help of optical carrier network (OCN). Moreover, synchronous optical networking offers pre-emptive performance monitoring that evades single and multiple failures and also permits
Brushless Synchronous Generator Market From Hydro to Wind: Brushless Synchronous …
Brushless Synchronous Generator Market to Record an Exponential CAGR by 2031 - Exclusive Report by InsightAce Analytic InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Brushless Synchronous Generator Market Size, Share & Trends Analysis Report By Type (DC Generator, AC Generator), By Power Rating (Below 350 kVA, 350-1,000 kVA, Above 1,000 kVA), By Application (Generator, Driving Motor, Wind Turbines, Rail, Marine, Industrial Motors, Others),
Synchronous Condenser Market Technology Analysis - 2030
A synchronous condenser, also known as a synchronous compensator or synchronous capacitor, is a type of electrical device used in power systems to provide reactive power support and voltage stability. It is a rotating machine similar to a synchronous motor but operates without a mechanical load. Instead of converting electrical energy into mechanical energy, a synchronous condenser absorbs or generates reactive power to maintain the required voltage levels and stabilize
Synchronous Condenser Market 2021 | Detailed Report
Global Synchronous Condenser Market 2021-2027, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. An exclusive data offered in this report is collected by research and industry experts team. Get Free Sample PDF (including full TOC, Tables and Figures)