The Permanent Magnet Motor (PMM) market is a subset of the larger motors market. PMMs are electric motors that use permanent magnets to generate torque. They are used in a variety of applications, including industrial, automotive, aerospace, and consumer products. PMMs are typically more efficient than other motor types, and they are often used in applications where efficiency is a priority. They are also more compact and lightweight than other motor types, making them ideal for applications where space is limited. PMMs are becoming increasingly popular due to their efficiency and cost-effectiveness. They are also becoming more widely used in renewable energy applications, such as wind turbines and solar panels. Some of the major players in the PMM market include ABB, Siemens, Nidec, Toshiba, and Hitachi. Other companies in the market include Johnson Electric, Maxon Motor, and Allied Motion Technologies. Show Less Read more
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