DUBLIN--(BUSINESS WIRE)--The "Permanent Magnet Motors - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Permanent Magnet Motors Market to Reach $81.5 Billion by 2030

The global market for Permanent Magnet Motors estimated at US$40.6 Billion in the year 2022, is projected to reach a revised size of US$81.5 Billion by 2030, growing at a CAGR of 9.1% over the analysis period 2022-2030.

This report offers a comprehensive analysis of the global permanent magnet motors market. It covers the market's annual sales performance in US$ Million from 2014 to 2030, providing insights into past, current, and future trends. The analysis further segments the market into various types of permanent magnet motors, such as alternate current motors, direct current motors, and brushless DC motors, and explores their sales dynamics.

Alternate Current Motors, one of the segments analyzed in the report, is projected to record 10.4% CAGR and reach US$40.3 Billion by the end of the analysis period. Growth in the Direct Current Motors segment is estimated at 8.3% CAGR for the next 8-year period.

Additionally, the report delves into various end-use sectors, including industrial, commercial and residential, healthcare, and other applications, providing valuable insights for industry stakeholders.

The U.S. Market is Estimated at $7.1 Billion, While China is Forecast to Grow at 10.6% CAGR

The analysis is broken down by geographic region, including the USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, the Middle East, and Africa.

The Permanent Magnet Motors market in the U.S. is estimated at US$7.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$22.4 Billion by the year 2030 trailing a CAGR of 10.6% over the analysis period 2022 to 2030.

Additionally, the report presents a historical review of market performance from 2014 to 2021, offering insights into the compound annual growth rates (CAGR) during that period. A 16-year perspective is also provided, which includes a percentage breakdown of value sales for each region in 2014, 2023, and 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.3% and 7.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8% CAGR.

What's New?

  • Special discussions on the global economic climate and market sentiment
  • Coverage on global competitiveness and key competitor percentage market shares
  • Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and trademarked research platform
  • Complimentary updates for one year
  • Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

Key Attributes:

Report Attribute Details
No. of Pages 577
Forecast Period 2022 - 2030
Estimated Market Value (USD) in 2022 $40.6 Billion
Forecasted Market Value (USD) by 2030 $81.5 Billion
Compound Annual Growth Rate 9.1%
Regions Covered Global

MARKET OVERVIEW

  • Competitive Landscape
  • Permanent Magnet Motors - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
  • Global Market Prospects & Outlook
  • World Permanent Magnet Motors Market by Type (2023 & 2030): Percentage Breakdown of Sales for Alternate Current Motor, Direct Current Motor, and Brushless DC Motor
  • COVID-19 Impact on the Permanent Magnet Motor Market
  • Growing Demand for Cost-Effective and Energy-Efficient Motors in Various Industries
  • Constantly Increasing Popularity of Electric Vehicles Fuel Demand for Permanent Magnet Motor
  • Permanent Magnet Motor Market Brimming with Significant Growth Potential
  • World Permanent Magnet Motors Market by End-Use (2023 & 20230): Percentage Breakdown of Sales for Industrial, Commercial & Residential, Healthcare, and Other End-Uses
  • Regional Market Analysis: Asia Pacific Dominates
  • World Permanent Magnet Motors Market (2023 & 2030): Percentage Breakdown of Sales for Developed and Developing Regions
  • World Permanent Magnet Motors Market - Geographic Regions Ranked by Value CAGR for 2020-2027: China, Asia-Pacific, Latin America, Middle East, Africa, USA, Europe, Canada, and Japan
  • An Introduction to Permanent Magnet Motor
  • Permanent Magnet Alternate Current (PMAC) Motor
  • Permanent Magnet Direct Current (PMDC) Motor
  • Brushless DC Motors (BLDC)
  • Demagnetization of Permanent Magnet
  • Recent Market Activity
  • Select Brands

MARKET TRENDS & DRIVERS

  • Permanent Magnet Motors Rise in Popularity for Their Energy Efficiency Benefits
  • Categories of Energy Efficiency Levels
  • Adoption of Industrial Automation Technologies and Robotics Augurs Well
  • Increased Spending on Industrial Automation Spurs Need for Energy Efficient Permanent Magnet Motors: Global Industrial Automation Market (in US$ Billion) for the Years 2019, 2022, 2024 and 2026
  • Industrial Robot Density (Units Per 10,000 Workers) for the Years 2019 & 2024E
  • Major Industry 4.0 Technologies: Global Market Size (US$ Billion) for Internet of Things (IoT), Big Data, Smart Factory, Advanced Analytics, Service Robotics, and Smart Machines for COVID-19 Year 2020
  • High Relevance in Automotive Sector to Drive Market Growth
  • The Automotive Sector Warm up to Permanent Magnet Motor
  • Automobile Production Dynamics Influences Demand Patterns of Automotive PM Motors Market
  • World Automobile Production in Million Units: 2008-2022
  • Nearshoring Trend Positions Brazil & Mexico as a Strong Production Centers for CVs
  • An Inevitable Rebound in Market Prospects to Encourage Growth in Sales of PPM: Global Commercial Vehicle Sales (In 000 Units) for Years 2018, 2020, 2022, 2024 & 2026
  • Pandemic Impact on the Automotive Industry & What's the New Normal?
  • Car Production YoY % Growth in 2020 Across Major Regional Markets
  • Emphasis on Electric Vehicles to Fuel Demand
  • Increasing Penetration of EVs: Potential Opportunities for PMM
  • Substitutes to Permanent Magnet Motors in Traction Applications of Electric Vehicles: A Challenging Scenario
  • Construction Industry Dynamics Impacts Permanent Magnet Motors Industry Fortunes
  • Rising Investments in Infrastructure Projects Strengthens Market Prospects
  • Recovery in Construction Sector to Boost Demand for PMMs
  • Opportunities in Healthcare Equipment Sector
  • PM Motors in Aerospace Applications
  • Rise in Air Passenger Traffic and Demand for Modern Aircraft Present Long-term Growth Opportunities for the Market
  • Global Aircraft Deliveries by Region: 2021-2040
  • Surging Demand for PMM in the Power Sector Propels Market Growth
  • Relevance in Textile Industry Equipment
  • Permanent Magnet Synchronous Motors Warrant Attention from Diverse Applications
  • Permanent Magnet Synchronous Motors Shift Ground for Elevator Technology
  • Revolutionary Enhancement in Energy Efficiency with PMM for Artificial Lift
  • PM Synchronous Motors Market on Growth Path
  • Innovations Continue To Remain Critical For Sustained Growth
  • Advent of Innovative Technologies Streamline Process Associated with Developing Permanent Magnet Motor
  • Exploring Next-Gen Electric Motor Technology
  • Select Technology Innovations in Recent Past
  • Use of Ferrite Magnets for Manufacturing Permanent Magnet Motor Witnesses a Surge
  • Neodymium Magnets Grow in Popularity
  • Soft Magnetic Composite Materials for PM Motors
  • Adoption of Affordable Ceramic Permanent Magnets: An Opportunity
  • Challenges and Future Prospects
  • Availability of Affordable and Substandard Electric Motors
  • Market Suffers Due to Shortage of Rare Earth Elements
  • High Costs: A Major Issue

FOCUS ON SELECT PLAYERS (Total 138 Featured)

  • ABB Ltd.
  • Allied Motion Technologies Inc.
  • AMETEK MAE
  • Autotrol Corporation
  • Bonfiglioli Italia S.P.A.
  • Buhler Motor Group
  • Emerson Electric Co.
  • Franklin Electric
  • Johnson Electric Holdings Limited
  • Nidec Corporation
  • Rockwell Automation, Inc.
  • Siemens AG
  • Toshiba International Corporation
  • WEG S.A.
  • Yaskawa Electric Corporation

For more information about this report visit https://www.researchandmarkets.com/r/2zhskg

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