Press release
Global and U.S. Radial Flux Permanent Magnet Motors Market Report, Published by QY Research.
https://www.qyresearch.com/reports/5291123/radial-flux-permanent-magnet-motors
Core Market Data
Global market size: USD 5.8 billion
CAGR (2024-2030): 7.2%
Average price: USD 2000 per unit
Annual production: 2.9 million units
Gross margin: 33%
Production capacity: 3.6 million units
List of Main Players
Nidec (Japan)
ABB (Switzerland)
Siemens (Germany)
WEG (Brazil)
Regal Rexnord (USA)
Ziehl-Abegg (Germany)
Johnson Electric (Hong Kong)
Faulhaber (Germany)
Maxon (Switzerland)
Parker Hannifin (USA)
Yaskawa (Japan)
Mitsubishi Electric (Japan)
Toshiba (Japan)
Hyundai Electric (South Korea)
Bosch (Germany)
Hitachi (Japan)
General Electric (USA)
Emerson Electric (USA)
AMETEK (USA)
Oriental Motor (Japan)
1. By Motor Design
Single-Rotor RFPM Motors
Double-Rotor RFPM Motors
2. By Cooling Method
Air-Cooled
Liquid-Cooled
Oil-Cooled
3. By Power Range
Low Power (200 kW)
4. By End-Use Industry
HVAC Systems
Industrial Machinery
Medical Equipment
Automotive
Aerospace & Defense
Case Study for Bidding
Time: March 2024
Supplier: Nidec Corporation (Japan)
Buyer: Hyundai Motor Company (South Korea)
Product: 100 kW liquid-cooled radial flux permanent magnet motors for next-generation EVs
Quantity: 260,000 units
Contract Value: USD 438 million
Delivery Timeline: June 2026
Case Study for End Using
End User: Siemens Gamesa (Germany)
Application: Integrated into direct-drive wind turbine systems for efficient energy conversion.
Installation Location
Mounted in turbine nacelles with vertical shaft alignment.
Coupled directly to turbine rotors for reduced mechanical transmission losses.
Integrated with cooling jackets for thermal management in offshore environments.
Purpose
Enhances torque density and generator efficiency in renewable applications.
Reduces maintenance requirements by eliminating gearbox assemblies.
Provides stable performance under wide temperature and wind-speed variations.
Effect
Improved energy conversion efficiency by 11%.
Reduced maintenance costs by 20%.
Increased operational uptime in offshore turbine systems.
Alternative Devices
Induction motors offer ruggedness and cost-effectiveness but lack high-efficiency performance at variable speeds.
Therefore, Radial Flux Permanent Magnet Motors remain vital for electric mobility, renewable energy, and precision industrial drives requiring compact, reliable, and energy-efficient performance.
About QY Research
QY Research has established close partnerships with over 71,000 global leading players. With more than 20,000 industry experts worldwide, we maintain a strong global network to efficiently gather insights and raw data.
Our 36-step verification system ensures the reliability and quality of our data. With over 2 million reports, we have become the world's largest market report vendor. Our global database spans more than 2,000 sources and covers data from most countries, including import and export details.
We have partners in over 160 countries, providing comprehensive coverage of both sales and research networks. A 90% client return rate and long-term cooperation with key partners demonstrate the high level of service and quality QY Research delivers.
More than 30 IPOs and over 5,000 global media outlets and major corporations have used our data, solidifying QY Research as a global leader in data supply. We are committed to delivering services that exceed both client and societal expectations.
For Inquiries:
USA: +1-626-295-2442
Canada: +1-778-907-6631
China: +86-150-1303-8387
Japan: +81-90-3800-9273
South Korea: +82-2883-1278
India: +91-866-9986-909
Indonesia: +62-818-510-991
Germany: +49-15788468916
Switzerland: +41-765899438
Portugal: +351-910983247
Email: global@qyresearch.com
www.qyresearch.com
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