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Detailed Analysis of Saas Based Human Resource (HRM) Market | Business Growth, Development Factors, Current and Future Trends till 2030 | Franklin Electric Co., Inc. Graphics and Industrial Circuits, LLC. Johnson Electric Group
Permanent Magnet Motor Market
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The global permanent magnet motor market is segmented on the motor type, magnetic material type, and end-user. Based on the motor type, the market is sub-segmented into direct current (DC) motor, and alternating current (AC) motor. Based on the magnetic material type, the market is sub-segmented into ferrite (ceramic) magnets, neodymium iron boron (NdFeB or NIB), samarium cobalt (smco), and others. Furthermore, based on end-users, the market is sub-segmented into automotive, general industrial, renewable energy (wind power), water and wastewater management, mining, oil, and gas, aerospace and defense, and others. The neodymium iron boron subcategory is expected to capture a significant portion of the market share within the magnetic material type segment. The growth can be attributed to the neodymium is a mineral element essential in the manufacturing process of permanent magnet motors, and its extraction is highly expensive, potentially slowing the expansion of the permanent magnet motor market.
full report of Permanent Magnet Motor Market available @ https://www.omrglobal.com/industry-reports/permanent-magnet-motor-market
• Market Coverage
• Market number available for - 2024-2030
• Base year- 2023
• Forecast period- 2024-2030
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others
Global Permanent Magnet Motor Market Report Segment
By Motor Type
• Direct Current (DC) Motor
• Alternating Current (AC) Motor
By Magnetic Material Type
• Ferrite (Ceramic) Magnets
• Neodymium Iron Boron (NdFeB or NIB)
• Samarium Cobalt (SmCo)
• Others ( Alnico (Aluminum, Nickel, Cobalt, and Iron), and Bonded Magnets)
By End-user
• Automotive
• General Industrial
• Renewable Energy (Wind Power)
• Water and Wastewater Management
• Mining, Oil, and Gas
• Aerospace and Defense
• Others (Medical Devices, Telecommunications, and Consumer Electronics)
Global Permanent Magnet Motor Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
The Report Covers
• Market value data analysis of 2023 and forecast to 2031.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global permanent magnet motor market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies. Competitive strategies by identifying 'who-stands-where' in the market.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/permanent-magnet-motor-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
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