Switched Reluctance Motors Market Research Report 2023 - Valuates Reports

The switched reluctance motor (SRM) is a type of a stepper motor, an electric motor that runs by reluctance torque. Unlike common DC motor types, power is delivered to windings in the stator (case) rather than the rotor. This greatly simplifies mechanical design as power does not have to be delivered to a moving part, but it complicates the electrical design as some sort of switching system needs to be used to deliver power to the different windings. With modern electronic devices, precisely timed switching is not a problem, and the SRM is a popular design for modern stepper motors. Its main drawback is torque ripple.
The global Switched Reluctance Motors market was valued at US$ 549 million in 2022 and is anticipated to reach US$ 791.5 million by 2029, witnessing a CAGR of 5.3% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

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Europe is the largest market, with a share over 25%, followed by China and Japan, both have a share over 30% percent. In terms of product,
Report Scope
This report aims to provide a comprehensive presentation of the global market for Switched Reluctance Motors, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Switched Reluctance Motors.
The Switched Reluctance Motors market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Switched Reluctance Motors market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Switched Reluctance Motors manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

Key Segmentations
By Company
-Nidec
-AMETEK
-VS Technology
-Shandong Kehui Power Automation
-Maccon GmbH
-Rongjia Motor
-Shandong Desen
-Huayang
-Heliad
-Rocky Mountain Technologies

Segment by Type
-500 KW

Segment by Application
-Automobile Industry
-Appliance Industry
-Industrial Machinery
-Others

Production by Region
-North America
-Europe
-China
-Japan

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