Press release
Permanent Magnet Motor Market was valued at USD 107.58 billion in 2029, with an estimated compound annual growth rate (CAGR) of 12.44% during the forecast period.
Permanent Magnet Motor Market
The report covers market trends from 2017 to forecast the market through 2029, with special attention given to the impact of the COVID-19 pandemic on the demand and supply of the market. The report provides insights into the market dynamics, including drivers and restraints, and explores the market opportunities in various regions.
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The report employs a rigorous research methodology, combining primary and secondary research, to gather reliable and accurate data. Extensive interviews with industry experts, company executives, and key market players were conducted to obtain valuable insights. The report also includes a comprehensive analysis of Porter's Five Forces and PESTEL analysis, highlighting the potential impact of micro-economic factors on the market.
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What are Permanent Magnet Motor Market Dynamics?
The demand for energy-efficient and low-cost maintenance motors is a significant driver for the Permanent Magnet Motor Market. The increased implementation of permanent magnet motors across industries is expected to fuel the market's growth. Furthermore, the use of permanent magnets enhances motor performance and efficiency, making them highly desirable for various applications, including electric vehicles and electronic industries.
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The high cost of permanent magnet motors and the complexity involved in the manufacturing process are expected to limit the market growth. However, the integration of robotics technology presents new opportunities for key market players to overcome these challenges.
What are Permanent Magnet Motor Market regional insights?
Asia Pacific is a major contributor to the global Permanent Magnet Motor Market, accounting for more than 40% of the market share. The region benefits from being an automotive hub and witnessing a significant increase in the adoption of electric vehicles. Government initiatives focused on building an energy-efficient and sustainable environment also contribute to the market's growth. Additionally, the strong wind energy sector in the region further drives the demand for permanent magnet motors.
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What is Permanent Magnet Motor Market Segmentation?
by Type
• AC motor
• DC motor
• Brushless DC
by Power Rating
• Up to 25 kW
• 25-100 kW
• 100-300 kW
• 300 kW & Above
by End-User
• Industrial
• Commercial & Residential
• Healthcare
by Magnet Type
• Neodymium
• Samarium Cobalt
• Ferrite
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Who are Permanent Magnet Motor Market Key Players?
• GE
• Siemens
• ABB
• Toshiba Corporation
• Emerson
• Siemens AG
• Rockwell Automation, Inc.
• Franklin Electric Co. Inc.
• Allied Motion Technologies Inc.
• Autotrol Corporation
• Johnson Control
• Nidec Corporation
• Yaskawa
• Baldor Electric Company Inc
• Ametec Inc
• Robert Bosch GmbH
• Danaher Corporation
• Bonfiglioli
• Crouzet
• Buhler Motors
Table of content for the Permanent Magnet Motor Market includes:
1. Global Permanent Magnet Motor Market: Research Methodology
2. Global Permanent Magnet Motor Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Permanent Magnet Motor Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Global Permanent Magnet Motor Market Segmentation
• Global Market, by Type(2021-2029)
• Global Market, by Power Rating(2021-2029)
• Global Market, by End-User(2021-2029)
• Global Market, by Magnet Type(2021-2029)
5. Regional Permanent Magnet Motor Market(2021-2029)
• Regional Market, by Type(2021-2029)
• Regional Market, by Power Rating(2021-2029)
• Regional Market, by End-User(2021-2029)
• Regional Market, by Magnet Type(2021-2029)
• Regional Market, by Country (2021-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Product
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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