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Permanent Magnet Synchronous Motor (PMSM) Global Market Report 2024

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    Report

  • 200 Pages
  • January 2024
  • Region: Global
  • The Business Research Company
  • ID: 5741705
The Permanent Magnet Synchronous Motor (PMSM) is utilized for high-efficiency and high-performance motor drives. This type of motor is an AC synchronous motor in which the field excitation is provided by permanent magnets, resulting in a sinusoidal back EMF (electromotive force) waveform. PMSM can generate torque even at zero speed, but its operation with permanent magnets requires a digitally controlled inverter.

The main types of Permanent Magnet Synchronous Motors available in the market are surface and interior types. The surface PMSM consists of a brushless DC motor with a surface permanent magnet. Permanent Magnet Synchronous Motors come in various capacities, including 375–450 kW, 450–600 kW, and above 600 kW. They are available in different voltage types, such as above 60V, 41V–60V, 31V–40V, 21V–30V, 10V–20V, and 9V and below. These motors find applications in various industries, including automation, consumer electronics, residential and commercial sectors, automotive and transportation, lab equipment, medical, and military and aerospace.

The permanent magnet synchronous motor (PMSM)s research report is one of a series of new reports that provides permanent magnet synchronous motor (PMSM)s statistics, including global market size, regional shares, competitors with permanent magnet synchronous motor (PMSM)s share, detailed permanent magnet synchronous motor (PMSM)s segments, market trends and opportunities, and any further data you may need to thrive in the permanent magnet synchronous motor (PMSM)s industry. This permanent magnet synchronous motor (PMSM) research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The permanent magnet synchronous motor (pmsm) market size has grown strongly in recent years. It will grow from $25.13 billion in 2023 to $27.46 billion in 2024 at a compound annual growth rate (CAGR) of 9.3%. The expansion observed in the historical period can be attributed to several factors, including the adoption of electric vehicles (EVs) and hybrid vehicles, increased usage in industrial automation and robotics, initiatives promoting energy efficiency and green technology, a rise in the application of these motors in HVAC (heating, ventilation, and air conditioning) systems, and advancements in magnet materials.

The permanent magnet synchronous motor (pmsm) market size is expected to see strong growth in the next few years. It will grow to $38.26 billion in 2028 at a compound annual growth rate (CAGR) of 8.6%. The anticipated growth in the forecast period can be attributed to several factors, including the expansion of renewable energy applications, the growth of electric vehicle (EV) charging infrastructure, the development of smart grids and distributed energy systems, the integration of Permanent Magnet Synchronous Motors (PMSMs) in household appliances, and the electrification of transportation. Major trends expected in the forecast period encompass rare-earth element recycling for magnets, the use of PMSMs with advanced sensor technology, the adoption of silicon carbide (SiC) power electronics, the customization of PMSM solutions for specific industries, and the implementation of smart motor diagnostics and predictive maintenance.

The permanent magnet synchronous motor (PMSM) market is experiencing significant growth, primarily attributed to the rise of green vehicles. Green vehicles, characterized by their reduced environmental impact, are gaining traction due to zero emissions and fuel economy standards. The International Energy Agency (IEA) reported a doubling of electric vehicle sales globally, reaching 6.6 million, with approximately 16.5 million electric vehicles on the roads by the end of 2021. China led the sales with nearly tripled numbers, Europe saw a 65% increase, and the United States witnessed a doubling to 630,000. This surge in demand for green vehicles is anticipated to drive the growth of the permanent magnet synchronous motor (PMSM) market in the foreseeable future.

The permanent magnet synchronous motor (PMSM) market is poised for expansion due to the escalating construction spending. Construction projects, involving infrastructure and facility development, utilize PMSMs in construction equipment for precise speed and torque control. In August 2023, the U.S. Census Bureau reported an estimated seasonally adjusted annual rate for construction expenditure in the U.S. at $1,983.5 billion, reflecting a 0.5% increase from the previous month. This growing investment in construction is a key driver for the permanent magnet synchronous motor market.

A notable trend in the permanent magnet synchronous motor (PMSM) market is technological advancements. Continuous improvements in permanent magnet manufacturing technologies have enhanced the efficiency and output power of PMSMs. The adoption of direct-drive-type high-speed PMSMs, eliminating the need for traditional mechanical gear transmission systems, is becoming prevalent across various industrial applications. Tesla's utilization of PMSR motors and adaptive suspension in its Model S and Model X exemplifies the integration of advanced PMSM technology. Tesla, a U.S.-based company operating in the permanent magnet synchronous motor sector, has been at the forefront of incorporating innovative technologies to improve efficiency and ride quality.

Major companies in the permanent magnet synchronous motor market are introducing new products to meet the rising demand for energy-efficient solutions. IE5+ motors, a classification of high-efficiency permanent magnet synchronous motors, were launched by NORD DRIVESYSTEMS in 2021. These motors are highly efficient, economically suitable for partial load ranges, and particularly advantageous for industries with specific requirements such as intralogistics and hygiene-sensitive sectors like food and pharmaceuticals. These IE5+ motors can seamlessly integrate with all NORD DRIVESYSTEMS gear units and drive electronics.

In December 2022, Cummins, a U.S.-based company specializing in diesel and alternative fuel engines, acquired Siemens e-Drives Business. This strategic move encompassed expertise in electric motors, including direct drive and transmission-based remote mount electric motors, inverters, software, and related services for electric powertrains. Among the acquired products is the single-winding permanent synchronous magnet direct drive motor, tailored for 9-to-12-meter buses. This acquisition positions Cummins to leverage advanced electric propulsion technologies for sustainable transportation solutions.

Major companies operating in the permanent magnet synchronous motor (pmsm) market include Siemens AG, Mitsubishi Electric Corporation, Toshiba Corp., Hitachi Ltd., Asea Brown Boveri Ltd., Robert Bosch GmbH, Meidensha Corporation, Continental AG, Alstom SA, Zhongshan Broad-Ocean Motor Co Ltd., Xizi Forvorda, DRS Technologies Inc., Emerson Electric Co, Johnson Electric Holdings Limited, Nidec Motor Corporation, AMETEK Inc., ARC Systems Inc., Bühler Motor GmbH, Danaher Corporation, Dunkermotoren GmbH, Dr. Fritz Faulhaber GmbH & Co. KG, Fuji Electric Co. Ltd., General Electric Company, Maxon Motor AG, Moog Inc., Oriental Motor Co. Ltd., Parker Hannifin Corporation, Regal Beloit Corporation, Rockwell Automation Inc., Schneider Electric SE, Sumitomo Heavy Industries Ltd., WEG S.A., Yaskawa Electric Corporation

Asia-Pacific was the largest region in the permanent magnet synchronous market in 2023 and is also expected to be the fastest-growing region in the forecast period. The regions covered in the permanent magnet synchronous motor (PMSM) market share report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The countries covered in the Permanent Magnet Synchronous Motor (PMSM) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The permanent magnet synchronous motor market consists of sales of rotor, stator, induction motor. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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Table of Contents

1. Executive Summary2. Permanent Magnet Synchronous Motor (PMSM) Market Characteristics3. Permanent Magnet Synchronous Motor (PMSM) Market Trends And Strategies
4. Permanent Magnet Synchronous Motor (PMSM) Market - Macro Economic Scenario
4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market
5. Global Permanent Magnet Synchronous Motor (PMSM) Market Size and Growth
5.1. Global Permanent Magnet Synchronous Motor (PMSM) Market Drivers and Restraints
5.1.1. Drivers Of The Market
5.1.2. Restraints Of The Market
5.2. Global Permanent Magnet Synchronous Motor (PMSM) Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Permanent Magnet Synchronous Motor (PMSM) Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)
6. Permanent Magnet Synchronous Motor (PMSM) Market Segmentation
6.1. Global Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Surface
Interior
6.2. Global Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
375-450 kW
450-600 kW
Above 600 kW
6.3. Global Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Above 60V
41V60V
31V40V
21V30V
10V20V
9V and below
6.4. Global Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Automation
Consumer Electronics
Residential and Commercial
Automotive and Transportation
Lab Equipment
Medical
Military and Aerospace
7. Permanent Magnet Synchronous Motor (PMSM) Market Regional And Country Analysis
7.1. Global Permanent Magnet Synchronous Motor (PMSM) Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Permanent Magnet Synchronous Motor (PMSM) Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Permanent Magnet Synchronous Motor (PMSM) Market
8.1. Asia-Pacific Permanent Magnet Synchronous Motor (PMSM) Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Permanent Magnet Synchronous Motor (PMSM) Market
9.1. China Permanent Magnet Synchronous Motor (PMSM) Market Overview
9.2. China Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Permanent Magnet Synchronous Motor (PMSM) Market
10.1. India Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Permanent Magnet Synchronous Motor (PMSM) Market
11.1. Japan Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.2. Japan Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Permanent Magnet Synchronous Motor (PMSM) Market
12.1. Australia Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Permanent Magnet Synchronous Motor (PMSM) Market
13.1. Indonesia Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Permanent Magnet Synchronous Motor (PMSM) Market
14.1. South Korea Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.2. South Korea Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Permanent Magnet Synchronous Motor (PMSM) Market
15.1. Western Europe Permanent Magnet Synchronous Motor (PMSM) Market Overview
15.2. Western Europe Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Permanent Magnet Synchronous Motor (PMSM) Market
16.1. UK Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Permanent Magnet Synchronous Motor (PMSM) Market
17.1. Germany Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Permanent Magnet Synchronous Motor (PMSM) Market
18.5. France Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.6. France Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.7. France Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Permanent Magnet Synchronous Motor (PMSM) Market
19.9. Italy Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.10. Italy Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.11. Italy Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Permanent Magnet Synchronous Motor (PMSM) Market
20.13. Spain Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.14. Spain Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.15. Spain Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Permanent Magnet Synchronous Motor (PMSM) Market
21.1. Eastern Europe Permanent Magnet Synchronous Motor (PMSM) Market Overview
21.2. Eastern Europe Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Permanent Magnet Synchronous Motor (PMSM) Market
22.1. Russia Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Permanent Magnet Synchronous Motor (PMSM) Market
23.1. North America Permanent Magnet Synchronous Motor (PMSM) Market Overview
23.2. North America Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Permanent Magnet Synchronous Motor (PMSM) Market
24.1. USA Permanent Magnet Synchronous Motor (PMSM) Market Overview
24.2. USA Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Permanent Magnet Synchronous Motor (PMSM) Market
25.1. Canada Permanent Magnet Synchronous Motor (PMSM) Market Overview
25.2. Canada Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Permanent Magnet Synchronous Motor (PMSM) Market
26.1. South America Permanent Magnet Synchronous Motor (PMSM) Market Overview
26.2. South America Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Permanent Magnet Synchronous Motor (PMSM) Market
27.1. Brazil Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Permanent Magnet Synchronous Motor (PMSM) Market
28.1. Middle East Permanent Magnet Synchronous Motor (PMSM) Market Overview
28.2. Middle East Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Permanent Magnet Synchronous Motor (PMSM) Market
29.1. Africa Permanent Magnet Synchronous Motor (PMSM) Market Overview
29.2. Africa Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Permanent Magnet Synchronous Motor (PMSM) Market Competitive Landscape And Company Profiles
30.1. Permanent Magnet Synchronous Motor (PMSM) Market Competitive Landscape
30.2. Permanent Magnet Synchronous Motor (PMSM) Market Company Profiles
30.2.1. Siemens AG
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Mitsubishi Electric Corporation
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Toshiba Corp.
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Hitachi Ltd.
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Asea Brown Boveri Ltd.
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Global Permanent Magnet Synchronous Motor (PMSM) Market Competitive Benchmarking32. Global Permanent Magnet Synchronous Motor (PMSM) Market Competitive Dashboard33. Key Mergers And Acquisitions In The Permanent Magnet Synchronous Motor (PMSM) Market
34. Permanent Magnet Synchronous Motor (PMSM) Market Future Outlook and Potential Analysis
34.1 Permanent Magnet Synchronous Motor (PMSM) Market In 2028 - Countries Offering Most New Opportunities
34.2 Permanent Magnet Synchronous Motor (PMSM) Market In 2028 - Segments Offering Most New Opportunities
34.3 Permanent Magnet Synchronous Motor (PMSM) Market In 2028 - Growth Strategies
34.3.1 Market Trend Based Strategies
34.3.2 Competitor Strategies
35. Appendix
35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer

Executive Summary

Permanent Magnet Synchronous Motor (PMSM) Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on permanent magnet synchronous motor (pmsm) market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • All data from the report will also be delivered in an excel dashboard format.

Description:

Where is the largest and fastest growing market for permanent magnet synchronous motor (pmsm)? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

Scope

  • Markets Covered: 1) By Type: Surface; Interior 2) By Capacity: 375-450 kW; 450-600 kW; Above 600 kW 3) By Voltage Range: Above 60V; 41V60V; 31V40V; 21V30V; 10V20V; 9V and below 4) By Application: Automation; Consumer Electronics; Residential and Commercial; Automotive and Transportation; Lab Equipment; Medical; Military and Aerospace
  • Companies Mentioned: Siemens AG; Mitsubishi Electric Corporation; Toshiba Corp.; Hitachi Ltd.; Asea Brown Boveri Ltd.
  • Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
  • Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
  • Time series: Five years historic and ten years forecast.
  • Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
  • Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
  • Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
  • Delivery format: PDF, Word and Excel Data Dashboard.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Siemens AG
  • Mitsubishi Electric Corporation
  • Toshiba Corp.
  • Hitachi Ltd.
  • Asea Brown Boveri Ltd.
  • Robert Bosch GmbH
  • Meidensha Corporation
  • Continental AG
  • Alstom SA
  • Zhongshan Broad-Ocean Motor Co Ltd
  • Xizi Forvorda
  • DRS Technologies Inc.
  • Emerson Electric Co
  • Johnson Electric Holdings Limited
  • Nidec Motor Corporation
  • AMETEK Inc.
  • ARC Systems Inc.
  • Bühler Motor GmbH
  • Danaher Corporation
  • Dunkermotoren GmbH
  • Dr. Fritz Faulhaber GmbH & Co. KG
  • Fuji Electric Co. Ltd.
  • General Electric Company
  • Maxon Motor AG
  • Moog Inc.
  • Oriental Motor Co. Ltd.
  • Parker Hannifin Corporation
  • Regal Beloit Corporation
  • Rockwell Automation Inc.
  • Schneider Electric SE
  • Sumitomo Heavy Industries Ltd.
  • WEG S.A.
  • Yaskawa Electric Corporation

Methodology

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