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Europe Permanent Magnet Motor Market Size, Share & Industry Analysis Report by Motor Type, Power Rating, Magnetic Material Type, Cooling Method, End User Industry, Country Outlook and Forecast, 2026-2033

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    Report

  • 414 Pages
  • May 2026
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 6276733
The Europe Permanent Magnet Motor Market is expected to witness market growth of 9.1% CAGR during the forecast period (2026-2033) and is expected to attain a market size of USD 22.37 billion by 2031.

The Germany market dominated the Europe Permanent Magnet Motor Market by country in 2025 and is expected to continue to be a dominant market till 2033; thereby, achieving a market value of USD 5.47 billion by 2031. The UK market is anticipated to grow at a CAGR of 7.4% during 2026-2033. Additionally, the France market would witness a CAGR of 10.0% during 2026-2033.

The Europe Permanent Magnet Motor Market is expanding steadily due to rising industrial automation, accelerated electric vehicle adoption, and increasing investments in renewable energy infrastructure. Permanent magnet motors are witnessing growing demand across automotive manufacturing, industrial robotics, aerospace systems, and energy-efficient building technologies because of their superior torque density, compact structure, and lower energy consumption compared to conventional motors. Europe’s strong focus on sustainability and carbon neutrality is significantly supporting the transition toward advanced energy-efficient motor systems.

Government initiatives promoting industrial decarbonization, energy efficiency standards, and electric mobility continue to strengthen regional market growth. The rapid development of EV charging infrastructure, smart manufacturing facilities, and renewable power generation projects across major European economies is further accelerating deployment of permanent magnet motors. In addition, increasing adoption of Industry 4.0 technologies and intelligent automation systems is boosting demand for high-performance and digitally integrated motor solutions.

Motor Type Outlook

Based on Motor Type, the market is segmented into Permanent Magnet Synchronous Motor (PMSM), Brushless DC Motor (BLDC), and Brushed Permanent Magnet DC Motor. The Permanent Magnet Synchronous Motor (PMSM) segment dominated the Europe Permanent Magnet Motor Market in 2025 and is expected to continue to be a dominant segment till 2033; thereby, achieving a market value of USD 11.34 billion by 2031. Rising deployment of PMSMs in electric vehicles, industrial automation systems, and robotics applications is driving segment expansion across Europe. Strong emphasis on energy-efficient industrial operations is also contributing to higher adoption.

Power Rating Outlook

Based on Power Rating, the market is segmented into Up to 4 kW, 4-22 kW, 22-75 kW, and Above 75 kW. The Up to 4 kW segment dominated the Europe Permanent Magnet Motor Market in 2025 and is expected to continue to be a dominant segment till 2033; thereby, achieving a market value of USD 7.91 billion by 2031. Strong utilization in HVAC systems, consumer electronics, household appliances, and compact industrial equipment continues to support market growth. Rising adoption of energy-efficient small-scale motor systems is further strengthening demand.

Magnetic Material Type Outlook

Based on Magnetic Material Type, the market is segmented into Neodymium Iron Boron (NdFeB), Ferrite, and Samarium Cobalt (SmCo). The Neodymium Iron Boron (NdFeB) segment dominated the Europe Permanent Magnet Motor Market in 2025 and is expected to continue to be a dominant segment till 2033; thereby, achieving a market value of USD 14.62 billion by 2031. High magnetic strength, enhanced operational efficiency, and increasing deployment in EV powertrains and advanced industrial systems continue to support segment leadership across the region.

Cooling Method Outlook

Based on Cooling Method, the market is segmented into Air-Cooled, Liquid-Cooled, Oil-Cooled, and Hybrid Cooling. The Air-Cooled segment dominated the Europe Permanent Magnet Motor Market in 2025 and is expected to continue to be a dominant segment till 2033; thereby, achieving a market value of USD 12.24 billion by 2031. The segment benefits from lower maintenance costs, simple operational design, and increasing deployment across industrial machinery and automotive systems. Growing preference for lightweight and cost-efficient cooling solutions is supporting segment demand.

End User Industry Outlook

Based on End User Industry, the market is segmented into Automotive, Industrial / Manufacturing, Consumer Electronics, Aerospace & Defense, Oil & Gas / Mining, Healthcare Equipment, and Other End User Industry. The Automotive segment dominated the Europe Permanent Magnet Motor Market in 2025 and is expected to continue to be a dominant segment till 2033; thereby, achieving a market value of USD 7.52 billion by 2031. Europe’s strong electric vehicle manufacturing ecosystem, stringent emission regulations, and rising investments in sustainable transportation infrastructure continue to accelerate demand for permanent magnet motors within the automotive sector.

Country Outlook

Germany remains the leading market in Europe due to its strong automotive manufacturing base, industrial automation leadership, and significant investments in electric mobility technologies. The UK market is supported by increasing renewable energy investments and growing industrial modernization activities. France continues to witness rising deployment of permanent magnet motors across EV manufacturing, aerospace systems, and industrial automation applications. Other European countries are also accelerating adoption through smart manufacturing initiatives, renewable energy expansion, and energy-efficiency regulations.

List of Key Companies Profiled
  • Nidec Corporation
  • ABB Ltd.
  • Siemens AG
  • Wolong Electric Group Co., Ltd.
  • WEG S.A.
  • Mitsubishi Electric Corporation
  • Yaskawa Electric Corporation
  • Hitachi, Ltd.
  • Toshiba Corporation
  • Regal Rexnord Corporation
Europe Permanent Magnet Motor Market Report Segmentation

By Motor Type
  • Permanent Magnet Synchronous Motor (PMSM)
  • Brushless DC Motor (BLDC)
  • Brushed Permanent Magnet DC Motor
By Power Rating
  • Up to 4 kW
  • 4-22 kW
  • 22-75 kW
  • Above 75 kW
By Magnetic Material Type
  • Neodymium Iron Boron (NdFeB)
  • Ferrite
  • Samarium Cobalt (SmCo)
By Cooling Method
  • Air-Cooled
  • Liquid-Cooled
  • Oil-Cooled
  • Hybrid Cooling
By End User Industry
  • Automotive
  • Industrial / Manufacturing
  • Consumer Electronics
  • Aerospace & Defense
  • Oil & Gas / Mining
  • Healthcare Equipment
  • Other End User Industry
By Country
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Table of Contents

Chapter 1. Europe Market
1.1 Market Overview
1.2 Key Factors Impacting Market
1.2.1 Market Drivers
1.2.2 Market Restraints
1.2.3 Market Opportunities
1.2.4 Market Challenges
1.2.5 Market Trends
1.2.6 State of Competition
1.2.7 Market Consolidation
1.2.8 Key Customer Criteria
1.3 Product Life Cycle
1.4 Segmentation By Motor Type
1.4.1 Permanent Magnet Synchronous Motor (PMSM)
1.4.2 Brushless DC Motor (BLDC)
1.4.3 Brushed Permanent Magnet DC Motor
1.5 Segmentation By Magnetic Material Type
1.5.1 Neodymium Iron Boron (NdFeB)
1.5.2 Samarium Cobalt (SmCo)
1.5.3 Ferrite
1.6 Segmentation By Power Rating
1.6.1 Up to 4 kW
1.6.2 -22 kW
1.6.3 -75 kW
1.6.4 Above 75 kW
1.7 Segmentation By Cooling Method
1.7.1 Air-Cooled
1.7.2 Liquid-Cooled
1.7.3 Oil-Cooled
1.7.4 Hybrid Cooling
1.8 Segmentation By End User Industry
1.8.1 Automotive
1.8.2 Industrial / Manufacturing
1.8.3 Aerospace & Defense
1.8.4 Oil & Gas / Mining
1.8.5 Healthcare Equipment
1.8.6 Consumer Electronics
1.8.7 Other End Use industry
1.9 Segmentation By Country
1.9.1 Germany
1.9.1.1 Segmentation By Motor Type
1.9.1.1.1 Permanent Magnet Synchronous Motor (PMSM)
1.9.1.1.2 Brushless DC Motor (BLDC)
1.9.1.1.3 Brushed Permanent Magnet DC Motor
1.9.1.2 Segmentation By Power Rating
1.9.1.2.1 Up to 4 kW
1.9.1.2.2 -22 kW
1.9.1.2.3 -75 kW
1.9.1.2.4 Above 75 kW
1.9.1.3 Segmentation By Magnetic Material Type
1.9.1.3.1 Neodymium Iron Boron (NdFeB)
1.9.1.3.2 Ferrite
1.9.1.3.3 Samarium Cobalt (SmCo)
1.9.1.3.4 Air-Cooled
1.9.1.3.5 Liquid-Cooled
1.9.1.3.6 Oil-Cooled
1.9.1.3.7 Hybrid Cooling
1.9.1.4 Segmentation By End User Industry
1.9.1.4.1 Automotive
1.9.1.4.2 Industrial / Manufacturing
1.9.1.4.3 Consumer Electronics
1.9.1.4.4 Aerospace & Defense
1.9.1.4.5 Oil & Gas / Mining
1.9.1.4.6 Healthcare Equipment
1.9.1.4.7 Other End User Industry
1.9.2 UK
1.9.2.1 Segmentation By Motor Type
1.9.2.1.1 Permanent Magnet Synchronous Motor (PMSM)
1.9.2.1.2 Brushless DC Motor (BLDC)
1.9.2.1.3 Brushed Permanent Magnet DC Motor
1.9.2.2 Segmentation By Power Rating
1.9.2.2.1 Up to 4 kW
1.9.2.2.2 -22 kW
1.9.2.2.3 -75 kW
1.9.2.2.4 Above 75 kW
1.9.2.3 Segmentation By Magnetic Material Type
1.9.2.3.1 Neodymium Iron Boron (NdFeB)
1.9.2.3.2 Ferrite
1.9.2.3.3 Samarium Cobalt (SmCo)
1.9.2.3.4 Air-Cooled
1.9.2.3.5 Liquid-Cooled
1.9.2.3.6 Oil-Cooled
1.9.2.3.7 Hybrid Cooling
1.9.2.4 Segmentation By End User Industry
1.9.2.4.1 Automotive
1.9.2.4.2 Industrial / Manufacturing
1.9.2.4.3 Consumer Electronics
1.9.2.4.4 Aerospace & Defense
1.9.2.4.5 Oil & Gas / Mining
1.9.2.4.6 Healthcare Equipment
1.9.2.4.7 Other End User Industry
1.9.3 France
1.9.3.1 Segmentation By Motor Type
1.9.3.1.1 Permanent Magnet Synchronous Motor (PMSM)
1.9.3.1.2 Brushless DC Motor (BLDC)
1.9.3.1.3 Brushed Permanent Magnet DC Motor
1.9.3.2 Segmentation By Power Rating
1.9.3.2.1 Up to 4 kW
1.9.3.2.2 -22 kW
1.9.3.2.3 -75 kW
1.9.3.2.4 Above 75 kW
1.9.3.3 Segmentation By Magnetic Material Type
1.9.3.3.1 Neodymium Iron Boron (NdFeB)
1.9.3.3.2 Ferrite
1.9.3.3.3 Samarium Cobalt (SmCo)
1.9.3.3.4 Air-Cooled
1.9.3.3.5 Liquid-Cooled
1.9.3.3.6 Oil-Cooled
1.9.3.3.7 Hybrid Cooling
1.9.3.4 Segmentation By End User Industry
1.9.3.4.1 Automotive
1.9.3.4.2 Industrial / Manufacturing
1.9.3.4.3 Consumer Electronics
1.9.3.4.4 Aerospace & Defense
1.9.3.4.5 Oil & Gas / Mining
1.9.3.4.6 Healthcare Equipment
1.9.3.4.7 Other End User Industry
1.9.4 Russia
1.9.4.1 Segmentation By Motor Type
1.9.4.1.1 Permanent Magnet Synchronous Motor (PMSM)
1.9.4.1.2 Brushless DC Motor (BLDC)
1.9.4.1.3 Brushed Permanent Magnet DC Motor
1.9.4.2 Segmentation By Power Rating
1.9.4.2.1 Up to 4 kW
1.9.4.2.2 -22 kW
1.9.4.2.3 -75 kW
1.9.4.2.4 Above 75 kW
1.9.4.3 Segmentation By Magnetic Material Type
1.9.4.3.1 Neodymium Iron Boron (NdFeB)
1.9.4.3.2 Ferrite
1.9.4.3.3 Samarium Cobalt (SmCo)
1.9.4.3.4 Air-Cooled
1.9.4.3.5 Liquid-Cooled
1.9.4.3.6 Oil-Cooled
1.9.4.3.7 Hybrid Cooling
1.9.4.4 Segmentation By End User Industry
1.9.4.4.1 Automotive
1.9.4.4.2 Industrial / Manufacturing
1.9.4.4.3 Consumer Electronics
1.9.4.4.4 Aerospace & Defense
1.9.4.4.5 Oil & Gas / Mining
1.9.4.4.6 Healthcare Equipment
1.9.4.4.7 Other End User Industry
1.9.5 Spain
1.9.5.1 Segmentation By Motor Type
1.9.5.1.1 Permanent Magnet Synchronous Motor (PMSM)
1.9.5.1.2 Brushless DC Motor (BLDC)
1.9.5.1.3 Brushed Permanent Magnet DC Motor
1.9.5.2 Segmentation By Power Rating
1.9.5.2.1 Up to 4 kW
1.9.5.2.2 -22 kW
1.9.5.2.3 -75 kW
1.9.5.2.4 Above 75 kW
1.9.5.3 Segmentation By Magnetic Material Type
1.9.5.3.1 Neodymium Iron Boron (NdFeB)
1.9.5.3.2 Ferrite
1.9.5.3.3 Samarium Cobalt (SmCo)
1.9.5.3.4 Air-Cooled
1.9.5.3.5 Liquid-Cooled
1.9.5.3.6 Oil-Cooled
1.9.5.3.7 Hybrid Cooling
1.9.5.4 Segmentation By End User Industry
1.9.5.4.1 Automotive
1.9.5.4.2 Industrial / Manufacturing
1.9.5.4.3 Consumer Electronics
1.9.5.4.4 Aerospace & Defense
1.9.5.4.5 Oil & Gas / Mining
1.9.5.4.6 Healthcare Equipment
1.9.5.4.7 Other End User Industry
1.9.6 Italy
1.9.6.1 Segmentation By Motor Type
1.9.6.1.1 Permanent Magnet Synchronous Motor (PMSM)
1.9.6.1.2 Brushless DC Motor (BLDC)
1.9.6.1.3 Brushed Permanent Magnet DC Motor
1.9.6.2 Segmentation By Power Rating
1.9.6.2.1 Up to 4 kW
1.9.6.2.2 -22 kW
1.9.6.2.3 -75 kW
1.9.6.2.4 Above 75 kW
1.9.6.3 Segmentation By Magnetic Material Type
1.9.6.3.1 Neodymium Iron Boron (NdFeB)
1.9.6.3.2 Ferrite
1.9.6.3.3 Samarium Cobalt (SmCo)
1.9.6.3.4 Air-Cooled
1.9.6.3.5 Liquid-Cooled
1.9.6.3.6 Oil-Cooled
1.9.6.3.7 Hybrid Cooling
1.9.6.4 Segmentation By End User Industry
1.9.6.4.1 Automotive
1.9.6.4.2 Industrial / Manufacturing
1.9.6.4.3 Consumer Electronics
1.9.6.4.4 Aerospace & Defense
1.9.6.4.5 Oil & Gas / Mining
1.9.6.4.6 Healthcare Equipment
1.9.6.4.7 Other End User Industry
1.9.7 Rest of Europe
1.9.7.1 Segmentation By Motor Type
1.9.7.1.1 Permanent Magnet Synchronous Motor (PMSM)
1.9.7.1.2 Brushless DC Motor (BLDC)
1.9.7.1.3 Brushed Permanent Magnet DC Motor
1.9.7.2 Segmentation By Power Rating
1.9.7.2.1 Up to 4 kW
1.9.7.2.2 -22 kW
1.9.7.2.3 -75 kW
1.9.7.2.4 Above 75 kW
1.9.7.3 Segmentation By Magnetic Material Type
1.9.7.3.1 Neodymium Iron Boron (NdFeB)
1.9.7.3.2 Ferrite
1.9.7.3.3 Samarium Cobalt (SmCo)
1.9.7.3.4 Air-Cooled
1.9.7.3.5 Liquid-Cooled
1.9.7.3.6 Oil-Cooled
1.9.7.3.7 Hybrid Cooling
1.9.7.4 Segmentation By End User Industry
1.9.7.4.1 Automotive
1.9.7.4.2 Industrial / Manufacturing
1.9.7.4.3 Consumer Electronics
1.9.7.4.4 Aerospace & Defense
1.9.7.4.5 Oil & Gas / Mining
1.9.7.4.6 Healthcare Equipment
1.9.7.4.7 Other End User Industry

Chapter 2. Company Snapshot
2.1 ABB Ltd.
2.1.1 Business Overview
2.1.2 Key Information
2.1.3 Company Focus on Permanent Magnet Motor Market
2.1.4 Strategic Insights on Permanent Magnet Motor Market
2.1.5 Strategy Deployed for Permanent Magnet Motor Market
2.1.6 Product & Service Portfolio
2.1.7 Key Products / Services (Representative)
2.1.8 SWOT Analysis (Permanent Magnet Motor Market)
2.1.9 Customers / End Users
2.1.10 Competitive Positioning
2.1.11 Key Differentiators
2.1.12 Portfolio Matrix
2.1.13 Analyst View
2.1.14 Future Outlook for Permanent Magnet Motor Market
2.2 Siemens AG
2.2.1 Business Overview
2.2.2 Key Information
2.2.3 Company Focus on Permanent Magnet Motor Market
2.2.4 Strategic Insights on Permanent Magnet Motor Market
2.2.5 Strategy Deployed for Permanent Magnet Motor Market
2.2.6 Product & Service Portfolio
2.2.7 Key Products / Services (Representative)
2.2.8 Capability Overview
2.2.9 SWOT Analysis (Permanent Magnet Motor Market)
2.2.10 Customers / End Users
2.2.11 Competitive Positioning
2.2.12 Key Differentiators
2.2.13 Portfolio Matrix
2.2.14 Analyst View
2.2.15 Future Outlook for Permanent Magnet Motor Market
2.3 Nidec Corporation
2.3.1 Business Overview
2.3.2 Key Information
2.3.3 Company Focus on Permanent Magnet Motor Market
2.3.4 Strategic Insights on Permanent Magnet Motor Market
2.3.5 Strategy Deployed for Permanent Magnet Motor Market
2.3.6 Product & Service Portfolio
2.3.7 SWOT Analysis (Permanent Magnet Motor Market)
2.3.8 Customers / End Users
2.3.9 Competitive Positioning
2.3.10 Key Differentiators
2.3.11 Portfolio Matrix
2.3.12 Analyst View
2.3.13 Future Outlook for Permanent Magnet Motor Market
2.4 Wolong Electric Group Co., Ltd.
2.4.1 Business Overview
2.4.2 Key Information
2.4.3 Company Focus on Permanent Magnet Motor Market
2.4.4 Strategic Insights on Permanent Magnet Motor Market
2.4.5 Strategy Deployed for Permanent Magnet Motor Market
2.4.6 Product & Service Portfolio
2.4.7 Key Products / Services (Representative)
2.4.8 Capability Overview
2.4.9 SWOT Analysis (Permanent Magnet Motor Market)
2.4.10 Customers / End Users
2.4.11 Competitive Positioning
2.4.12 Key Differentiators
2.4.13 Portfolio Matrix
2.4.14 Analyst View
2.4.15 Future Outlook for Permanent Magnet Motor Market
2.5 WEG Group
2.5.1 Business Overview
2.5.2 Key Information
2.5.3 Company Focus on Permanent Magnet Motor Market
2.5.4 Strategic Insights on Permanent Magnet Motor Market
2.5.5 Strategy Deployed for Permanent Magnet Motor Market
2.5.6 Product & Service Portfolio
2.5.7 Key Products / Services (Representative)
2.5.8 Capability Overview
2.5.9 Technology & Innovation Focus
2.5.10 SWOT Analysis (Permanent Magnet Motor Market)
2.5.11 Customers / End Users
2.5.12 Competitive Positioning
2.5.13 Key Differentiators
2.5.14 Portfolio Matrix
2.5.15 Analyst View
2.5.16 Future Outlook for Permanent Magnet Motor Market
2.6 Yaskawa Electric Corporation
2.6.1 Business Overview
2.6.2 Key Information
2.6.3 Company Focus on Permanent Magnet Motor Market
2.6.4 Strategic Insights on Permanent Magnet Motor Market
2.6.5 Strategy Deployed for Permanent Magnet Motor Market
2.6.6 Product & Service Portfolio
2.6.7 Key Products / Services (Representative)
2.6.8 Capability Overview
2.6.9 SWOT Analysis (Permanent Magnet Motor Market)
2.6.10 Customers / End Users
2.6.11 Competitive Positioning
2.6.12 Key Differentiators
2.6.13 Portfolio Matrix
2.6.14 Analyst View
2.6.15 Future Outlook for Permanent Magnet Motor Market
2.7 Mitsubishi Electric Corporation
2.7.1 Business Overview
2.7.2 Key Information
2.7.3 Company Focus on Permanent Magnet Motor Market
2.7.4 Strategic Insights on Permanent Magnet Motor Market
2.7.5 Strategy Deployed for Permanent Magnet Motor Market
2.7.6 Product & Service Portfolio
2.7.7 Key Products / Services (Representative)
2.7.8 Capability Overview
2.7.9 Technology & Innovation Focus
2.7.10 SWOT Analysis (Permanent Magnet Motor Market)
2.7.11 Customers / End Users
2.7.12 Competitive Positioning
2.7.13 Key Differentiators
2.7.14 Portfolio Matrix
2.7.15 Analyst View
2.7.16 Future Outlook for Permanent Magnet Motor Market
2.8 Toshiba Corporation
2.8.1 Business Overview
2.8.2 Key Information
2.8.3 Company Focus on Permanent Magnet Motor Market
2.8.4 Strategic Insights on Permanent Magnet Motor Market
2.8.5 Strategy Deployed for Permanent Magnet Motor Market
2.8.6 Product & Service Portfolio
2.8.7 Key Products / Services (Representative)
2.8.8 SWOT Analysis (Permanent Magnet Motor Market)
2.8.9 Customers / End Users
2.8.10 Competitive Positioning
2.8.11 Key Differentiators
2.8.12 Portfolio Matrix
2.8.13 Analyst View
2.8.14 Future Outlook for Permanent Magnet Motor Market
2.9 Hitachi, Ltd.
2.9.1 Business Overview
2.9.2 Key Information
2.9.3 Company Focus on Permanent Magnet Motor Market
2.9.4 Strategic Insights on Permanent Magnet Motor Market
2.9.5 Strategy Deployed for Permanent Magnet Motor Market
2.9.6 Product & Service Portfolio
2.9.7 Key Products / Services (Representative)
2.9.8 SWOT Analysis (Permanent Magnet Motor Market)
2.9.9 Customers / End Users
2.9.10 Competitive Positioning
2.9.11 Key Differentiators
2.9.12 Portfolio Matrix
2.9.13 Analyst View
2.9.14 Future Outlook for Permanent Magnet Motor Market
2.10 Regal Rexnord Corporation
2.10.1 Business Overview
2.10.2 Key Information
2.10.3 Company Focus on Permanent Magnet Motor Market
2.10.4 Strategic Insights on Permanent Magnet Motor Market
2.10.5 Strategy Deployed for Permanent Magnet Motor Market
2.10.6 Product & Service Portfolio
2.10.7 Key Products / Services (Representative)
2.10.8 SWOT Analysis (Permanent Magnet Motor Market)
2.10.9 Customers / End Users
2.10.10 Competitive Positioning
2.10.11 Key Differentiators
2.10.12 Portfolio Matrix
2.10.13 Analyst View
2.10.14 Future Outlook for Permanent Magnet Motor Market

Companies Mentioned

  • Nidec Corporation
  • ABB Ltd.
  • Siemens AG
  • Wolong Electric Group Co., Ltd.
  • WEG S.A.
  • Mitsubishi Electric Corporation
  • Yaskawa Electric Corporation
  • Hitachi, Ltd.
  • Toshiba Corporation
  • Regal Rexnord Corporation