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Permanent Magnet Motor Market Size, Share & Trends Analysis Report by Motor Type, Magnetic Material Type, Power Rating, Cooling Method, End User Industry, Region, and Growth Forecasts, 2026-2033

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  • 130 Pages
  • April 2026
  • Region: Global
  • Grand View Research
  • ID: 6241253
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Description Jump to:
The global permanent magnet motor market size was estimated at USD 58.68 billion in 2025 and is projected to reach USD 122.59 billion by 2033, growing at a CAGR of 9.8% from 2026 to 2033. The growth can be attributed to the increasing adoption of permanent magnet motors, which offer higher torque per unit volume than conventional designs, enabling high-performance, compact drive solutions across multiple applications.

The growing demand for high-efficiency motors at partial loads and low speeds is driving the permanent magnet motor market. These magnets allow the motor to deliver higher power from a smaller and lighter design, which makes the motor compact, easier to install, and less energy-intensive. Many applications, including pumps, fans, and compressors, operate for long periods at partial load or reduced speed. Permanent magnet motors maintain high efficiency under these conditions, while conventional motors typically experience efficiency losses. This consistent efficiency at lower operating levels helps end users reduce energy consumption and lower operating costs.

The rising demand for energy-efficient electric vehicles is accelerating growth. Car buyers and fleet operators increasingly choose EVs that deliver longer range and lower operating costs, and vehicle manufacturers meet this demand by using permanent magnet motors that convert battery energy into motion more efficiently than traditional motors. For instance, in March 2026, the Leapmotor A05 uses a permanent-magnet synchronous motor in its drivetrain, signaling continued reliance on this technology in cost-effective, energy-efficient EVs.

Both public and private stakeholders are investing in electric motor supply chains and reducing reliance on critical raw materials. For instance, in October 2025, Niron Magnetics partnered with Stellantis to develop next-generation electric motor designs using rare-earth-free permanent magnets for automotive applications. The collaboration centers on Niron’s Iron Nitride magnet technology, which uses abundant iron and nitrogen to reduce reliance on rare-earth materials largely sourced from China. The project builds on Stellantis Ventures’ strategic investment in Niron and was supported by USD 2.7 million from the U.S. Department of Energy to strengthen domestic supply chains and advance energy independence.

Stringent government regulations pertaining to energy efficiency and emissions reduction are driving the adoption of permanent magnet motors, as industries replace inefficient motor systems with high-efficiency solutions to meet compliance requirements and lower operating costs. Agencies such as the U.S. Department of Energy are mandating higher minimum efficiency levels for electric motors to reduce electricity consumption and industrial emissions. In addition, regulatory frameworks and compliance requirements are accelerating the replacement of older motor systems with premium-efficiency solutions. Permanent magnet motors align well with these mandates because they deliver higher efficiency across a wide operating range, helping businesses lower energy use and operating costs. As inefficient motor designs are phased out, regulatory pressure continues to drive sustained adoption of permanent magnet motors across industrial, commercial, and infrastructure applications

Global Permanent Magnet Motor Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, the analyst has segmented the global permanent magnet motor market report based on motor type, magnetic material, cooling method, power rating, cooling method, end user industry, and region.

Motor Type Outlook (Revenue, USD Million, 2021-2033)

  • Permanent Magnet AC Motor
  • Permanent Magnet DC Motor
  • Brushless DC Motor
  • Hermetic Motor

Magnetic Material Type Outlook (Revenue, USD Million, 2021-2033)

  • Neodymium Iron Boron
  • Samarium Cobalt
  • Ferrite

Power Rating Outlook (Revenue, USD Million, 2021-2033)

  • Up to 4 kW
  • 4-22 kW
  • 22-75 kW
  • 75 kW and Above

Cooling Method Outlook (Revenue, USD Million, 2021-2033)

  • Air-Cooled
  • Liquid-Cooled
  • Oil-Cooled
  • Hybrid Cooling

End User Industry Outlook (Revenue, USD Million, 2021-2033)

  • Automotive
  • Mining, Oil and Gas
  • Aerospace and Defense
  • Consumer Electronics
  • Healthcare Equipment
  • Others

Regional Outlook (Revenue, USD Million, 2021-2033)

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • UK
  • Germany
  • France
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • Latin America
  • Brazil
  • Middle East & Africa (MEA)
  • KSA
  • UAE
  • South Africa

Why should you buy this report?

  • Comprehensive Market Analysis: Gain detailed insights into the market across major regions and segments.
  • Competitive Landscape: Explore the market presence of key players.
  • Future Trends: Discover the pivotal trends and drivers shaping the future of the market.
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

This report addresses:

  • Market intelligence to enable effective decision-making
  • Market estimates and forecasts from 2018 to 2030
  • Growth opportunities and trend analyses
  • Segment and regional revenue forecasts for market assessment
  • Competition strategy and market share analysis
  • Product innovation listings for you to stay ahead of the curve

This product will be delivered within 1-3 business days.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation and Scope
1.2. Research Methodology
1.2.1. Information Procurement
1.3. Information or Data Analysis
1.4. Methodology
1.5. Research Scope and Assumptions
1.6. Market Formulation & Validation
1.7. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
Chapter 3. Permanent Magnet Motor Market Variables, Trends, & Scope
3.1. Market Lineage Outlook
3.2. Market Dynamics
3.2.1. Market Driver Analysis
3.2.2. Market Restraint Analysis
3.2.3. Industry Challenge
3.3. Permanent Magnet Motor Market Analysis Tools
3.3.1. Industry Analysis - Porter’s
3.3.2. PESTEL Analysis
Chapter 4. Permanent Magnet Motor Market: Motor Type Estimates & Trend Analysis
4.1. Segment Dashboard
4.2. Permanent Magnet Motor Market: Motor Type Movement Analysis, 2025 & 2033 (USD Million)
4.3. Permanent Magnet AC Motor
4.3.1. Permanent Magnet AC Motor Market Revenue Estimates and Forecasts, 2021-2033 (USD Million)
4.4. Permanent Magnet DC Motor
4.4.1. Permanent Magnet DC Motor Market Revenue Estimates and Forecasts, 2021-2033 (USD Million)
4.5. Brushless DC Motor
4.5.1. Brushless DC Motor Market Revenue Estimates and Forecasts, 2021-2033 (USD Million)
4.6. Hermetic Motor
4.6.1. Hermetic Motor Market Revenue Estimates and Forecasts, 2021-2033 (USD Million)
Chapter 5. Permanent Magnet Motor Market: Magnetic Material Type Estimates & Trend Analysis
5.1. Segment Dashboard
5.2. Permanent Magnet Motor Market: Magnetic Material Type Movement Analysis, 2025 & 2033 (USD Million)
5.3. Neodymium Iron Boron
5.3.1. Neodymium Iron Boron Market Revenue Estimates and Forecasts, 2021-2033 (USD Million)
5.4. Samarium Cobalt
5.4.1. Samarium Cobalt Market Revenue Estimates and Forecasts, 2021-2033 (USD Million)
5.5. Ferrite
5.5.1. Ferrite Market Revenue Estimates and Forecasts, 2021-2033 (USD Million)
Chapter 6. Permanent Magnet Motor Market: Power Rating Estimates & Trend Analysis
6.1. Segment Dashboard
6.2. Permanent Magnet Motor Market: Power Rating Movement Analysis, 2025 & 2033 (USD Million)
6.3. Up to 4 kW
6.3.1. Up to 4 kW Market Revenue Estimates and Forecasts, 2021-2033 (USD Million)
6.4. 4-22 kW
6.4.1. 4-22 kW Market Revenue Estimates and Forecasts, 2021-2033 (USD Million)
6.5. 22-75 kW
6.5.1. 22-75 kW Market Revenue Estimates and Forecasts, 2021-2033 (USD Million)
6.6. 75 kW and Above
6.6.1. 75 kW and Above Market Revenue Estimates and Forecasts, 2021-2033 (USD Million)
Chapter 7. Permanent Magnet Motor Market: Cooling Method Estimates & Trend Analysis
7.1. Segment Dashboard
7.2. Permanent Magnet Motor Market: Cooling Method Movement Analysis, 2025 & 2033 (USD Million)
7.3. Air-Cooled
7.3.1. Air-Cooled Market Revenue Estimates and Forecasts, 2021-2033 (USD Million)
7.4. Liquid-Cooled
7.4.1. Liquid-Cooled Market Revenue Estimates and Forecasts, 2021-2033 (USD Million)
7.5. Oil-Cooled
7.5.1 Oil-Cooled Market Revenue Estimates and Forecasts, 2021-2033 (USD Million)
7.6. Hybrid Cooling
7.6.1 Hybrid Cooling Market Revenue Estimates and Forecasts, 2021-2033 (USD Million)
Chapter 8. Permanent Magnet Motor Market: End User Industry Estimates & Trend Analysis
8.1. Segment Dashboard
8.2. Permanent Magnet Motor Market: End User Industry Movement Analysis, 2025 & 2033 (USD Million)
8.3. Automotive
8.3.1. Automotive Market Revenue Estimates and Forecasts, 2021-2033 (USD Million)
8.4. Mining, Oil and Gas
8.4.1. Mining, Oil and Gas Market Revenue Estimates and Forecasts, 2021-2033 (USD Million)
8.5. Aerospace and Defense
8.5.1. Aerospace and Defense Market Revenue Estimates and Forecasts, 2021-2033 (USD Million)
8.6. Consumer Electronics
8.6.1. Consumer Electronics Market Revenue Estimates and Forecasts, 2021-2033 (USD Million)
8.7. Healthcare Equipment
8.7.1. Healthcare Equipment Market Revenue Estimates and Forecasts, 2021-2033 (USD Million)
8.8. Others
8.8.1. Others Market Revenue Estimates and Forecasts, 2021-2033 (USD Million)
Chapter 9. Permanent Magnet Motor Market: Regional Estimates & Trend Analysis
9.1. Permanent magnet motor market Share, by Region, 2025 & 2033 (USD Million)
9.2. North America
9.2.1. North America Permanent Magnet Motor Market Estimates and Forecasts, 2021-2033 (USD Million)
9.2.2. U.S.
9.2.3. Canada
9.2.4. Mexico
9.3. Europe
9.3.1. Europe Permanent Magnet Motor Market Estimates and Forecasts, 2021-2033 (USD Million)
9.3.2. UK
9.3.3. Germany
9.3.4. France
9.4. Asia-Pacific
9.4.1. Asia-Pacific Permanent Magnet Motor Market Estimates and Forecasts, 2021-2033 (USD Million)
9.4.2. China
9.4.3. Japan
9.4.4. India
9.4.5. Australia
9.5. Latin America
9.5.1. Latin America Permanent Magnet Motor Market Estimates and Forecasts, 2021-2033 (USD Million)
9.5.2. Brazil
9.6. Middle East and Africa
9.6.1. Middle East and Africa Permanent Magnet Motor Market Estimates and Forecasts, 2021-2033 (USD Million)
9.6.2. KSA
9.6.3. UAE
9.6.4. South Africa
Chapter 10. Competitive Landscape
10.1. Company Categorization
10.2. Company Market Positioning
10.3. Company Heat Map Analysis
10.4. Company Profiles/Listing
10.4.1. ABB
10.4.2. Arnold Magnetic Technologies
10.4.3. Hitachi Metals America, LLC
10.4.4. Adams Magnetic Products
10.4.5. Dura Magnetics, Inc.
10.4.6. Integrated Magnetics
10.4.7. Magma Magnetic Technologies Ltd.
10.4.8. Dexter Magnetic Technologies
10.4.9. Bunting Magnetics Co.
10.4.10. Ningbo Bestway Magnet Co., Ltd.
List of Tables
Table 1 Global Permanent magnet motor market size estimates & forecasts 2021-2033 (USD Million)
Table 2 Global permanent magnet motor market, by region 2021-2033 (USD Million)
Table 3 Global permanent magnet motor market, by motor type 2021-2033 (USD Million)
Table 4 Global permanent magnet motor market, by magnetic material type 2021-2033 (USD Million)
Table 5 Global permanent magnet motor market, by power rating 2021-2033 (USD Million)
Table 6 Global permanent magnet motor market, by cooling method 2021, - 2033 (USD Million)
Table 7 Global permanent magnet motor market, by end user industry, 2021-2033 (USD Million)
Table 8 Permanent magnet ac motor market, by region 2021-2033 (USD Million)
Table 9 Permanent magnet dc motor market, by region 2021-2033 (USD Million)
Table 10 Brushless dc motor market, by region 2021-2033 (USD Million)
Table 11 Hermetic motor market, by region 2021-2033 (USD Million)
Table 12 Neodymium iron boron market, by region 2021-2033 (USD Million)
Table 13 Samarium cobalt market, by region 2021-2033 (USD Million)
Table 14 Ferrite market, by region 2021-2033 (USD Million)
Table 15 Up to 4 kW market, by region 2021-2033 (USD Million)
Table 16 4-22 kW market, by region 2021-2033 (USD Million)
Table 17 22-75 kW market, by region 2021-2033 (USD Million)
Table 18 75 kW and Above market, by region 2021-2033 (USD Million)
Table 19 Air-cooled market, by region 2021-2033 (USD Million)
Table 20 Liquid-cooled market, by region 2021-2033 (USD Million)
Table 21 Oil-cooled market, by region 2021-2033 (USD Million)
Table 22 Hybrid cooling market, by region 2021-2033 (USD Million)
Table 23 Automotive market, by region 2021-2033 (USD Million)
Table 24 Mining, Oil and Gas market, by region 2021-2033 (USD Million)
Table 25 Aerospace and defense market, by region 2021-2033 (USD Million)
Table 26 Consumer electronics market, by region 2021-2033 (USD Million)
Table 27 Healthcare equipment market, by region 2021-2033 (USD Million)
Table 28 Others market, by region 2021-2033 (USD Million)
Table 29 North America Permanent Magnet Motor Market, by motor type 2021-2033 (USD Million)
Table 30 North America Permanent Magnet Motor Market, by magnetic material type 2021-2033 (USD Million)
Table 31 North America Permanent Magnet Motor Market, by power rating 2021-2033 (USD Million)
Table 32 North America Permanent Magnet Motor Market, by cooling method 2021-2033 (USD Million)
Table 33 North America Permanent Magnet Motor Market, by end user industry 2021-2033 (USD Million)
Table 34 U.S. Permanent Magnet Motor Market, by motor type 2021-2033 (USD Million)
Table 35 U.S. Permanent Magnet Motor Market, by magnetic material type 2021-2033 (USD Million)
Table 36 U.S. Permanent Magnet Motor Market, by power rating 2021-2033 (USD Million)
Table 37 U.S. Permanent Magnet Motor Market, by cooling method 2021-2033 (USD Million)
Table 38 U.S. Permanent Magnet Motor Market, by end user industry 2021-2033 (USD Million)
Table 39 Canada Permanent Magnet Motor Market, by motor type 2021-2033 (USD Million)
Table 40 Canada Permanent Magnet Motor Market, by magnetic material type 2021-2033 (USD Million)
Table 41 Canada Permanent Magnet Motor Market, by power rating 2021-2033 (USD Million)
Table 42 Canada Permanent Magnet Motor Market, by cooling method 2021-2033 (USD Million)
Table 43 Canada Permanent Magnet Motor Market, by end user industry 2021-2033 (USD Million)
Table 44 Mexico Permanent Magnet Motor Market, by motor type 2021-2033 (USD Million)
Table 45 Mexico Permanent Magnet Motor Market, by magnetic material type 2021-2033 (USD Million)
Table 46 Mexico Permanent Magnet Motor Market, by power rating 2021-2033 (USD Million)
Table 47 Mexico Permanent Magnet Motor Market, by cooling method 2021-2033 (USD Million)
Table 48 Mexico Permanent Magnet Motor Market, by end user industry 2021-2033 (USD Million)
Table 49 Europe Permanent Magnet Motor Market, by motor type 2021-2033 (USD Million)
Table 50 Europe Permanent Magnet Motor Market, by magnetic material type 2021-2033 (USD Million)
Table 51 Europe Permanent Magnet Motor Market, by power rating 2021-2033 (USD Million)
Table 52 Europe Permanent Magnet Motor Market, by cooling method 2021-2033 (USD Million)
Table 53 Europe Permanent Magnet Motor Market, by end user industry 2021-2033 (USD Million)
Table 54 UK Permanent Magnet Motor Market, by motor type 2021-2033 (USD Million)
Table 55 UK Permanent Magnet Motor Market, by magnetic material type 2021-2033 (USD Million)
Table 56 UK Permanent Magnet Motor Market, by power rating 2021-2033 (USD Million)
Table 57 UK Permanent Magnet Motor Market, by cooling method 2021-2033 (USD Million)
Table 58 UK Permanent Magnet Motor Market, by end user industry 2021-2033 (USD Million)
Table 59 Germany Permanent Magnet Motor Market, by motor type 2021-2033 (USD Million)
Table 60 Germany Permanent Magnet Motor Market, by magnetic material type 2021-2033 (USD Million)
Table 61 Germany Permanent Magnet Motor Market, by power rating 2021-2033 (USD Million)
Table 62 Germany Permanent Magnet Motor Market, by cooling method 2021-2033 (USD Million)
Table 63 Germany Permanent Magnet Motor Market, by end user industry 2021-2033 (USD Million)
Table 64 France Permanent Magnet Motor Market, by motor type 2021-2033 (USD Million)
Table 65 France Permanent Magnet Motor Market, by magnetic material type 2021-2033 (USD Million)
Table 66 France Permanent Magnet Motor Market, by power rating 2021-2033 (USD Million)
Table 67 France Permanent Magnet Motor Market, by cooling method 2021-2033 (USD Million)
Table 68 France Permanent Magnet Motor Market, by end user industry 2021-2033 (USD Million)
Table 69 Asia-Pacific Permanent Magnet Motor Market, by motor type 2021-2033 (USD Million)
Table 70 Asia-Pacific Permanent Magnet Motor Market, by magnetic material type 2021-2033 (USD Million)
Table 71 Asia-Pacific Permanent Magnet Motor Market, by power rating 2021-2033 (USD Million)
Table 72 Asia-Pacific Permanent Magnet Motor Market, by cooling method 2021-2033 (USD Million)
Table 73 Asia-Pacific Permanent Magnet Motor Market, by end user industry 2021-2033 (USD Million)
Table 74 China Permanent Magnet Motor Market, by motor type 2021-2033 (USD Million)
Table 75 China Permanent Magnet Motor Market, by magnetic material type 2021-2033 (USD Million)
Table 76 China Permanent Magnet Motor Market, by power rating 2021-2033 (USD Million)
Table 77 China Permanent Magnet Motor Market, by cooling method 2021-2033 (USD Million)
Table 78 China Permanent Magnet Motor Market, by end user industry 2021-2033 (USD Million)
Table 79 India Permanent Magnet Motor Market, by motor type 2021-2033 (USD Million)
Table 80 India Permanent Magnet Motor Market, by magnetic material type 2021-2033 (USD Million)
Table 81 India Permanent Magnet Motor Market, by power rating 2021-2033 (USD Million)
Table 82 India Permanent Magnet Motor Market, by cooling method 2021-2033 (USD Million)
Table 83 India Permanent Magnet Motor Market, by end user industry 2021-2033 (USD Million)
Table 84 Japan Permanent Magnet Motor Market, by motor type 2021-2033 (USD Million)
Table 85 Japan Permanent Magnet Motor Market, by magnetic material type 2021-2033 (USD Million)
Table 86 Japan Permanent Magnet Motor Market, by power rating 2021-2033 (USD Million)
Table 87 Japan Permanent Magnet Motor Market, by cooling method 2021-2033 (USD Million)
Table 88 Australia Permanent Magnet Motor Market, by motor type 2021-2033 (USD Million)
Table 89 Australia Permanent Magnet Motor Market, by magnetic material type 2021-2033 (USD Million)
Table 90 Australia Permanent Magnet Motor Market, by power rating 2021-2033 (USD Million)
Table 91 Australia Permanent Magnet Motor Market, by cooling method 2021-2033 (USD Million)
Table 92 Australia Permanent Magnet Motor Market, by end user industry 2021-2033 (USD Million)
Table 93 Latin America Permanent Magnet Motor Market, by motor type 2021-2033 (USD Million)
Table 94 Latin America Permanent Magnet Motor Market, by magnetic material type 2021-2033 (USD Million)
Table 95 Latin America Permanent Magnet Motor Market, by power rating 2021-2033 (USD Million)
Table 96 Latin America Permanent Magnet Motor Market, by cooling method 2021-2033 (USD Million)
Table 97 Latin America Permanent Magnet Motor Market, by end user industry 2021-2033 (USD Million)
Table 98 Brazil Permanent Magnet Motor Market, by motor type 2021-2033 (USD Million)
Table 99 Brazil Permanent Magnet Motor Market, by magnetic material type 2021-2033 (USD Million)
Table 100 Brazil Permanent Magnet Motor Market, by power rating 2021-2033 (USD Million)
Table 101 Brazil Permanent Magnet Motor Market, by cooling method 2021-2033 (USD Million)
Table 102 Brazil Permanent Magnet Motor Market, by end user industry 2021-2033 (USD Million)
Table 103 Middle East & Africa permanent magnet motor market, by motor type 2021-2033 (USD Million)
Table 104 Middle East & Africa permanent magnet motor market, by magnetic material type 2021-2033 (USD Million)
Table 105 Middle East & Africa permanent magnet motor market, by power rating 2021-2033 (USD Million)
Table 106 Middle East & Africa permanent magnet motor market, by cooling method 2021-2033 (USD Million)
Table 107 Middle East & Africa permanent magnet motor market, by end user industry 2021-2033 (USD Million)
Table 108 KSA Permanent Magnet Motor Market, by motor type 2021-2033 (USD Million)
Table 109 KSA Permanent Magnet Motor Market, by magnetic material type 2021-2033 (USD Million)
Table 110 KSA Permanent Magnet Motor Market, by power rating 2021-2033 (USD Million)
Table 111 KSA Permanent Magnet Motor Market, by cooling method 2021-2033 (USD Million)
Table 112 KSA Permanent Magnet Motor Market, by end user industry 2021-2033 (USD Million)
Table 113 UAE Permanent Magnet Motor Market, by motor type 2021-2033 (USD Million)
Table 114 UAE Permanent Magnet Motor Market, by magnetic material type 2021-2033 (USD Million)
Table 115 UAE Permanent Magnet Motor Market, by power rating 2021-2033 (USD Million)
Table 116 UAE Permanent Magnet Motor Market, by cooling method 2021-2033 (USD Million)
Table 117 UAE Permanent Magnet Motor Market, by end user industry 2021-2033 (USD Million)
Table 118 South Africa Permanent Magnet Motor Market, by motor type 2021-2033 (USD Million)
Table 119 South Africa Permanent Magnet Motor Market, by magnetic material type 2021-2033 (USD Million)
Table 120 South Africa Permanent Magnet Motor Market, by power rating 2021-2033 (USD Million)
Table 121 South Africa Permanent Magnet Motor Market, by cooling method 2021-2033 (USD Million)
Table 122 South Africa Permanent Magnet Motor Market, by end user industry 2021-2033 (USD Million)
List of Figures
Figure 1 Permanent magnet motor market segmentation
Figure 2 Market research deployment mode
Figure 3 Information procurement
Figure 4 Primary research pattern
Figure 5 Market research approaches
Figure 6 Value chain-based sizing & forecasting
Figure 7 Parent market analysis
Figure 8 Market formulation & validation
Figure 9 Permanent magnet motor market snapshot
Figure 10 Permanent magnet motor market segment snapshot
Figure 11 Permanent magnet motor market competitive landscape snapshot
Figure 12 Market research deployment mode
Figure 13 Market driver relevance analysis (Current & future impact)
Figure 14 Market restraint relevance analysis (Current & future impact)
Figure 15 Permanent Magnet Motor Market: Motor Type outlook key takeaways (USD Million)
Figure 16 Permanent Magnet Motor Market: Motor Type movement analysis 2025 & 2033 (USD Million)
Figure 17 Permanent magnet AC motor market revenue estimates and forecasts, 2021-2033 (USD Million)
Figure 18 Permanent magnet DC motor market revenue estimates and forecasts, 2021-2033 (USD Million)
Figure 19 Brushless DC motor market revenue estimates and forecasts, 2021-2033 (USD Million)
Figure 20 Hermetic motor market revenue estimates and forecasts, 2021-2033 (USD Million)
Figure 21 Permanent magnet motor market: magnetic material type outlook key takeaways (USD Million)
Figure 22 Permanent magnet motor market: magnetic material type movement analysis 2025 & 2033 (USD Million)
Figure 23 Neodymium iron boron market revenue estimates and forecasts, 2021-2033 (USD Million)
Figure 24 Samarium cobalt market revenue estimates and forecasts, 2021-2033 (USD Million)
Figure 25 Ferrite market revenue estimates and forecasts, 2021-2033 (USD Million)
Figure 26 Permanent magnet motor market: power rating outlook key takeaways (USD Million)
Figure 27 Permanent magnet motor market: power rating movement analysis 2025 & 2033 (USD Million)
Figure 28 Up to 4 kW market revenue estimates and forecasts, 2021-2033 (USD Million)
Figure 29 4-22 kW market revenue estimates and forecasts, 2021-2033 (USD Million)
Figure 30 22-75 kW power ratings market revenue estimates and forecasts, 2021-2033 (USD Million)
Figure 31 75 kW and above power ratings market revenue estimates and forecasts, 2021-2033 (USD Million)
Figure 32 Permanent magnet motor market: Cooling method outlook key takeaways (USD Million)
Figure 33 Permanent magnet motor market: Cooling method movement analysis 2025 & 2033 (USD Million)
Figure 34 Air-Cooled market revenue estimates and forecasts, 2021-2033 (USD Million)
Figure 35 Liquid-Cooled market revenue estimates and forecasts, 2021-2033 (USD Million)
Figure 36 Oil-Cooled market revenue estimates and forecasts, 2021-2033 (USD Million)
Figure 37 Hybrid Cooling market revenue estimates and forecasts, 2021-2033 (USD Million)
Figure 38 Permanent Magnet Motor Market: End-user Industry outlook key takeaways (USD Million)
Figure 39 Permanent magnet motor market: End-user industry movement analysis 2025 & 2033 (USD Million)
Figure 40 Automotive market revenue estimates and forecasts, 2021-2033 (USD Million)
Figure 41 Mining, Oil and Gas parking market revenue estimates and forecasts, 2021-2033 (USD Million)
Figure 42 Aerospace and Defense market revenue estimates and forecasts, 2021-2033 (USD Million)
Figure 43 Consumer Electronics market revenue estimates and forecasts, 2021-2033 (USD Million)
Figure 44 Healthcare Equipment market revenue estimates and forecasts, 2021-2033 (USD Million)
Figure 45 Others market revenue estimates and forecasts, 2021-2033 (USD Million)
Figure 46 Regional marketplace: Key takeaways
Figure 47 Permanent magnet motor market: Regional outlook, 2025 & 2033 (USD Million)
Figure 48 North America permanent magnet motor market estimates and forecasts, 2021-2033 (USD Million)
Figure 49 U.S. permanent magnet motor market estimates and forecasts, 2021-2033 (USD Million)
Figure 50 Canada permanent magnet motor market estimates and forecasts, 2021-2033 (USD Million)
Figure 51 Mexico permanent magnet motor market estimates and forecasts, 2021-2033 (USD Million)
Figure 52 Europe permanent magnet motor market estimates and forecasts, 2021-2033 (USD Million)
Figure 53 UK permanent magnet motor market estimates and forecasts, 2021-2033 (USD Million)
Figure 54 Germany permanent magnet motor market estimates and forecasts, 2021-2033 (USD Million)
Figure 55 France permanent magnet motor market estimates and forecasts, 2021-2033 (USD Million)
Figure 56 Asia-Pacific permanent magnet motor market estimates and forecasts, 2021-2033 (USD Million)
Figure 57 Japan permanent magnet motor market estimates and forecasts, 2021-2033 (USD Million)
Figure 58 China permanent magnet motor market estimates and forecasts, 2021-2033 (USD Million)
Figure 59 India permanent magnet motor market estimates and forecasts, 2021-2033 (USD Million)
Figure 60 Australia permanent magnet motor market estimates and forecasts, 2021-2033 (USD Million)
Figure 61 Latin America permanent magnet motor market estimates and forecasts, 2021-2033 (USD Million)
Figure 62 Brazil permanent magnet motor market estimates and forecasts, 2021-2033 (USD Million)
Figure 63 MEA permanent magnet motor market estimates and forecasts, 2021-2033 (USD Million)
Figure 64 KSA permanent magnet motor market estimates and forecasts, 2021-2033 (USD Million)
Figure 65 UAE permanent magnet motor market estimates and forecasts, 2021-2033 (USD Million)
Figure 66 South Africa permanent magnet motor market estimates and forecasts, 2021-2033 (USD Million)
Figure 67 Strategy framework
Figure 68 Company Categorization

Companies Mentioned

  • ABB
  • Arnold Magnetic Technologies
  • Hitachi Metals America, LLC
  • Adams Magnetic Products
  • Dura Magnetics, Inc.
  • Integrated Magnetics
  • Magma Magnetic Technologies Ltd.
  • Dexter Magnetic Technologies
  • Bunting Magnetics Co.
  • Ningbo Bestway Magnet Co., Ltd.

Table Information

Report AttributeDetails
No. of Pages130
PublishedApril 2026
Forecast Period2025 - 2033
Estimated Market Value ( USD ) in 2025 $ 58.68 Billion
Forecasted Market Value ( USD ) by 2033 $ 122.59 Billion
Compound Annual Growth Rate9.8%
Regions CoveredGlobal
No. of Companies Mentioned10

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