Permanent Magnet Motor Market 2022 - Industry Analysis, Segments, Value Chain, and Key Trends 2028- Liebherr, Aradex AG, Emerson, Toshiba Corporation

Permanent Magnet Motor Market report helps in making informed business decisions by having complete insights of market and by making a comprehensive analysis of market segments. This recent research compilation on the Permanent Magnet Motor Market is a versatile and future-ready analytical survey that replicates trend assessment, an in-depth assessment of market valuation and revenue-generating trends with information on profit models, Swot examination, competition spectrum, and associated vendor strategies illustrated by major players and market participants contributing by aggressively investing in the global Permanent Magnet Motor market to secure a competitive advantage amid staggering competition, potential threats from new entrants, as well as technological innovations leading to market substitutes.

The Permanent Magnet Motor Market is expected to register a CAGR of 6.2% over the forecast period 2022 - 2028.

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Top Companies:

Liebherr, Aradex AG, Emerson, Toshiba Corporation, ABB, GE, WEG, Siemens

Industry News:

April 2021 - Franklin Electric Co. Inc. acquired Puronics, Inc. and its wholly owned subsidiaries, headquartered in Livermore, California. Puronics is a residential and commercial water treatment products and services provider that is operating four company owned service centers and serving approximately 133 independent water quality dealers with approximately 260 locations in 31 states.
April 2021 - ABB secured a contract with Spanish shipbuilder Astilleros Gondán in order to supply all-electric power solution for fast 40-meter urban passenger ferries transporting up to 540 passengers each across Lisbon's Tagus river.
November 2020 - Autotrol Corporation launched a new ranged of Permanent Magnet Synchronous AC gear motor with theModel 550 HT. Autotrol's newest motors is the Model 550HT High Torque AC Gear Motor. The 550HT incorporates the dual coil powerhead of model 550 and couples it with an extruded aluminum gearbox. This design offers output speeds from as fast as 120 RPM to as low as 0.25 RPM and torque ratings from 69 oz. in. up to 416 oz. n.

By the product type, the market is primarily split into:

PMAC
PMDC
Brushless DC

By the end-users/application, this report covers the following segments:

Home Power Generators
Industrial Power Generators

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North America Holds Significant Market Share

The North American region is expected to hold a significant share globally due to the increasing investments by market players and other organizations, coupled with government initiatives toward building an energy-efficient and sustainable environment. The strong wind energy sector is set to grow in the region and boost the growth of the permanent magnet market during the forecast period. With the focus on energy-efficient solutions rising, industries across the region are deploying PMM across various factory operation segments, in turn, augmenting the market for PMM. Canada is focusing heavily on energy consumption with programs like CIPEC (Canada Industry Program for Energy Conservation).

Geographical Analysis

The report provides geographical as well as country-level analysis of the Permanent Magnet Motor market demonstrating the dominance of companies in different regions and countries. Also, in this section, the report presents the market revenue of specific products in specific regions to get informed about the dominating region in the market. Some of the regions and countries mentioned in the report are, the US, Canada, Mexico, Brazil, in North America; China, India, Korea, Japan, Singapore in the Asia Pacific; Germany, UK, Italy, France in Europe, GCC countries, Qatar in the Middle East and Africa, Latin America, South America, etc.

Research Methodology

All the data presented in the report from valuation to revenue, drivers, growth areas of the Permanent Magnet Motor market, etc., is aided by thorough research from press releases, announcements by companies, news updates, reports from company websites, government verified websites, research publications, articles by researchers, etc. All this data is scanned thoroughly by analysts in the company and the summary and collaterals are presented in the report precisely. This research helps in offering well authenticated, verified, data with exact facts and figures. The report is then forwarded to in-house analysts, top-level experts, veterans, industry persons, third parties for feedback, verification, and editing, thus, providing the reader with well written, praised the report.

Key takeaways from the report

The report provides drivers, restraints, challenges, and growth points of the Permanent Magnet Motor market and how the market can be grown from 2022-to 2028.
The report helps in figuring out the impact of covid-19 on the Permanent Magnet Motor market and what measures can be taken for its development.
The Permanent Magnet Motor market players are assisted from the report for investing in the right product or application from the market.
The report also mentions applications, product offerings, types, key marketing trends of the Permanent Magnet Motor

The research includes historic data from 2016 to 2021 and forecasts until 2028 which makes the reports an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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