Global Permanent Magnet Motor Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032

Market Overview

According to DIResearch＇s in-depth investigation and research, the global Permanent Magnet Motor market size will reach 5,006.41 Million USD in 2025 and is projected to reach 8,839.21 Million USD by 2032, with a CAGR of 8.46% (2025-2032). Notably, the China Permanent Magnet Motor market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be  Million USD, representing approximately  % of the global market share.

Research Summary

A permanent magnet motor is an electric motor that employs permanent magnets to produce a magnetic field within the motor, eliminating the need for external power to generate a magnetic field. These motors have magnets fixed within the rotor, creating a magnetic flux that interacts with the magnetic field produced by the stator＇s windings. This interaction causes the rotor to turn, creating mechanical energy. Permanent magnet motors are known for their efficiency, compact design, and high power density, making them commonly used in various applications, from small appliances and electric vehicles to industrial machinery, owing to their reliable performance and energy-saving capabilities.

The major global  manufacturers of Permanent Magnet Motor include ABB, Siemens, Nidec, WEG, Toshiba, Franklin Electric, Regal Beloit, Mitsubishi Electric, TECO Electric & Machinery, Wolong, HITACHI, DEC Dongfeng Electric Machinery, CRRC, Jiamusi Electric Machine Company Limited, ZhejiangZhong Yuan Electric, Xiangtan Electric Machinery Factory Manufacturing, MT Permanent-Magnet Motor Corporation, Jiang Tian Motor, Aerospace Power Hi-Tech, Hunan SUND Technological Corporation, Jiangsu Anjie, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

This report studies the market size, price trends and future development prospects of Permanent Magnet Motor. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Permanent Magnet Motor market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Permanent Magnet Motor market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Permanent Magnet Motor industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.    

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Permanent Magnet Motor Include:

ABB

Siemens

Nidec

WEG

Toshiba

Franklin Electric

Regal Beloit

Mitsubishi Electric

TECO Electric & Machinery

Wolong

HITACHI

DEC Dongfeng Electric Machinery

CRRC

Jiamusi Electric Machine Company Limited

ZhejiangZhong Yuan Electric

Xiangtan Electric Machinery Factory Manufacturing

MT Permanent-Magnet Motor Corporation

Jiang Tian Motor

Aerospace Power Hi-Tech

Hunan SUND Technological Corporation

Jiangsu Anjie

Permanent Magnet Motor Product Segment Include:

1-25 KW

25-100 KW

100-300 KW

Above 300 KW

Permanent Magnet Motor Product Application Include:

Petrochemical

Oil and Gas

Metallurgy

Mine (Except Coal)

Coal

Power

Aerospace

Textile Industry

Others

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend

Chapter 2: Global Permanent Magnet Motor Industry PESTEL Analysis

Chapter 3: Global Permanent Magnet Motor Industry Porter's Five Forces Analysis

Chapter 4: Global Permanent Magnet Motor Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis

Chapter 5: Global Permanent Magnet Motor Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 6: Global Permanent Magnet Motor Sales, Revenue, Price and Forecast by Product Type

Chapter 7: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 8: Industrial Chain Analysis, Permanent Magnet Motor Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis

Chapter 9: Research Findings and Conclusion

Chapter 10: Methodology and Data Sources