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Permanent Magnet Motor Market by Type (PMAC, PMDC, and Brushless DC), Power Rating (Up to 25 kW, 25–100 kW, 100–300 kW, and 300 kW & Above), End-User (Industrial, Commercial & Residential, and Healthcare), and Region - Global Forecast to 2023

Permanent Magnet Motor Market by Type (PMAC, PMDC, and Brushless DC), Power Rating (Up to 25 kW, 25–100 kW, 100–300 kW, and 300 kW & Above), End-User (Industrial, Commercial & Residential, and Healthcare), and Region - Global Forecast to 2023

“The permanent magnet motor market is projected to grow at a CAGR of 8.87%, from 2018 to 2023.”
The permanent magnet motor market is projected to reach USD 45.13 billion by 2023, from an estimated USD 29.50 billion in 2018, at a CAGR of 8.87%, during the forecast period. The increasing demand for energy-efficient & low-cost maintenance motors have boosted the demand for permanent magnet motors. Also, the increasing implementation of permanent magnet motors across industries would further aid the growth of this market. High initial cost of permanent magnet motors would act as a restraint for the permanent magnet motor market.

“The up to 25 kW segment is expected to grow at the highest CAGR, from 2018 to 2023.”
The up to 25 kW segment is expected to be the fastest-growing permanent magnet motor market, by power rating, from 2018 to 2023. It is considered to be the ideal power range for permanent magnet motors. These motors are used in various application areas such as textile, pulp & paper, medical devices, aerospace, robotics, window shutters, air conditioners, door shutters, and electrical vehicles. Application-based demand is high for this particular power range, resulting in the higher market share of up to 25 kW permanent magnet motors. The demand for up to 25 kW permanent magnet motors is also driven by the increasing demand for energy-efficient motors in developing countries such as India, China, and Japan.

“The industrial segment is expected to dominate the permanent magnet motor market from 2018 to 2023.”
The industrial segment is estimated to be the largest market for permanent magnet motors in 2018. The market for the industrial segment is driven by the investments being made in the electronic and automotive sectors in order to increase efficiency, productivity, reliability, and safety in the industrial sector.

“Asia Pacific: The largest market for permanent magnet motor”
Asia Pacific is expected to be the largest market for permanent magnet motors in 2018, followed by North America and Europe. China and Japan are expected to be the largest markets for permanent magnet motors in the region because of significant investments being made in the industrial sector.

The permanent magnet motor market is also growing at a good pace in countries such as India, Australia, and South Korea because of increasing infrastructure developments. These factors are expected to boost the growth of the permanent magnet motor market in Asia Pacific.

Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants to obtain and verify critical qualitative and quantitative information as well as assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1 - 51%, Tier 2 - 30%, and Tier 3 - 19%
By Designation: C-Level - 31%, D-Level - 43%, Others - 26%
By Region: Asia Pacific - 30%, Europe - 27%, North America - 21%, Middle East - 12%, and South America - 6%, and Africa - 4%

Note: The tier of the companies has been defined on the basis of their total revenue; as of 2016: Tier 1 = >USD 10 billion, Tier 2 = from USD 1 billion to USD 10 billion, and Tier 3 = <USD 1 billion.
The leading players in the permanent magnet motor market include GE (US), Siemens (Germany), ABB (Switzerland), Toshiba Corporation (Japan), and Emerson (US).

Research Coverage:
The report defines, describes, and forecasts the global permanent magnet motor market by type, power rating, end-user, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market.

Why Buy this Report?
1. The report identifies and addresses key markets for permanent magnet motor, which would help suppliers review the growth in the demand for the product.
2. The report helps solutions providers understand the pulse of the market and provides insights into drivers, restraints, opportunities, and challenges.
3. The report will help key players understand the strategies of their competitors better and will help in making strategic decisions.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • DEFINITION
    • MARKET SCOPE
      • MARKET SEGMENTATION
      • REGIONAL SCOPE
    • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN & DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
      • ASSUMPTIONS
  • EXECUTIVE SUMMARY
    • Table GLOBAL PERMANENT MAGNET MOTOR MARKET SNAPSHOT
  • PREMIUM INSIGHTS
    • PERMANENT MAGNET MOTOR MARKET, BY COUNTRY
    • PERMANENT MAGNET MOTOR MARKET, BY TYPE
    • PERMANENT MAGNET MOTOR MARKET, BY POWER RATING
    • PERMANENT MAGNET MOTOR MARKET, BY END USER
    • PERMANENT MAGNET MOTOR MARKET IN ASIA PACIFIC
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • SUPPLY CHAIN
  • PERMANENT MAGNET MOTOR MARKET, BY TYPE
    • INTRODUCTION
      • Table PERMANENT MAGNET MOTOR MARKET, BY TYPE, 2016-2023 (USD MILLION)
    • PERMANENT MAGNET ALTERNATE CURRENT MOTOR (PMAC)
      • Table PERMANENT MAGNET AC MOTOR: PERMANENT MAGNET MOTOR MARKET, BY REGION, 2016-2023 (USD MILLION)
    • PERMANENT MAGNET DIRECT CURRENT MOTOR (PMDC)
      • Table PERMANENT MAGNET DC MOTOR: PERMANENT MAGNET MOTOR MARKET, BY REGION, 2016-2023 (USD MILLION)
    • BRUSHLESS DC MOTOR
      • Table BRUSHLESS DC MOTOR: PERMANENT MAGNET MOTOR MARKET, BY REGION, 2016-2023 (USD MILLION)
  • PERMANENT MAGNET MOTOR MARKET, BY POWER RATING
    • INTRODUCTION
      • Table PERMANENT MAGNET MOTOR MARKET, BY POWER RATING, 2016-2023 (USD MILLION)
    • UP TO 25 KW
      • Table UP TO 25 KW: PERMANENT MAGNET MOTOR MARKET, BY REGION, 2016-2023 (USD MILLION)
    • 25-100 KW
      • Table 25-100 KW: PERMANENT MAGNET MOTOR MARKET, BY REGION, 2016-2023 (USD MILLION)
    • 100-300 KW
      • Table 100-300 KW: PERMANENT MAGNET MOTOR MARKET, BY REGION, 2016-2023 (USD MILLION)
    • 300 KW & ABOVE
      • Table 300 KW & ABOVE: PERMANENT MAGNET MOTOR MARKET, BY REGION, 2016-2023 (USD MILLION)
  • PERMANENT MAGNET MOTOR MARKET, BY END USER
    • INTRODUCTION
      • Table PERMANENT MAGNET MOTOR MARKET, BY END USER, 2016-2023 (USD MILLION)
    • INDUSTRIAL
      • Table INDUSTRIAL: PERMANENT MAGNET MOTOR MARKET, BY REGION, 2016-2023 (USD MILLION)
      • AUTOMOTIVE
      • TEXTILE
      • PULP & PAPER
      • AEROSPACE
      • ROBOTICS
    • COMMERCIAL AND RESIDENTIAL
      • Table COMMERCIAL AND RESIDENTIAL: PERMANENT MAGNET MOTOR MARKET, BY REGION, 2016-2023 (USD MILLION)
      • COMMERCIAL
      • RESIDENTIAL
    • HEALTHCARE
      • Table HEALTHCARE: PERMANENT MAGNET MOTOR MARKET, BY REGION, 2016-2023 (USD MILLION)
    • OTHERS
      • Table OTHERS: PERMANENT MAGNET MOTOR MARKET, BY REGION, 2016-2023 (USD MILLION)
      • TRANSPORTATION
      • DEFENSE
      • AGRICULTURE
      • RENEWABLE
  • REGIONAL ANALYSIS
    • INTRODUCTION
      • Table PERMANENT MAGNET MOTOR, BY REGION, 2016-2023 (USD MILLION)
    • ASIA PACIFIC
      • Table ASIA PACIFIC: PERMANENT MAGNET MOTOR MARKET, BY TYPE, 2016-2023 (USD MILLION)
      • Table ASIA PACIFIC: PERMANENT MAGNET MOTOR MARKET, BY POWER RATING, 2016-2023 (USD MILLION)
      • Table ASIA PACIFIC: PERMANENT MAGNET MOTOR MARKET, BY END USER, 2016-2023 (USD MILLION)
      • Table ASIA PACIFIC: PERMANENT MAGNET MOTOR MARKET, BY COUNTRY, 2016-2023 (USD MILLION)
      • CHINA
        • Table CHINA: PERMANENT MAGNET MOTOR MARKET, BY END USER, 2016-2023 (USD MILLION)
      • JAPAN
        • Table JAPAN: PERMANENT MAGNET MOTOR MARKET, BY END USER, 2016-2023 (USD MILLION)
      • INDIA
        • Table INDIA: PERMANENT MAGNET MOTOR MARKET, BY END USER, 2016-2023 (USD MILLION)
      • SOUTH KOREA
        • Table SOUTH KOREA: PERMANENT MAGNET MOTOR MARKET, BY END USER, 2016-2023 (USD MILLION)
      • AUSTRALIA
        • Table AUSTRALIA: PERMANENT MAGNET MOTOR MARKET, BY END USER, 2016-2023 (USD MILLION)
      • MALAYSIA
        • Table MALAYSIA: PERMANENT MAGNET MOTOR MARKET, BY END USER, 2016-2023 (USD MILLION)
      • REST OF ASIA PACIFIC
        • Table REST OF ASIA PACIFIC: PERMANENT MAGNET MOTOR MARKET, BY END USER, 2016-2023 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: PERMANENT MAGNET MOTOR MARKET, BY TYPE, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: PERMANENT MAGNET MOTOR MARKET, BY POWER RATING, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: PERMANENT MAGNET MOTOR MARKET, BY END USER, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: PERMANENT MAGNET MOTOR MARKET, BY COUNTRY, 2016-2023 (USD MILLION)
      • US
        • Table US: PERMANENT MAGNET MOTOR MARKET, BY END USER, 2016-2023 (USD MILLION)
      • CANADA
        • Table CANADA: PERMANENT MAGNET MOTOR MARKET, BY END USER, 2016-2023 (USD MILLION)
      • MEXICO
        • Table MEXICO: PERMANENT MAGNET MOTOR MARKET, BY END USER, 2016-2023 (USD MILLION)
    • EUROPE
      • Table EUROPE: PERMANENT MAGNET MOTOR MARKET, BY TYPE, 2016-2023 (USD MILLION)
      • Table EUROPE: PERMANENT MAGNET MOTOR MARKET, BY POWER RATING, 2016-2023 (USD MILLION)
      • Table EUROPE: PERMANENT MAGNET MOTOR MARKET, BY END USER, 2016-2023 (USD MILLION)
      • Table EUROPE: PERMANENT MAGNET MOTOR MARKET, BY COUNTRY, 2016-2023 (USD MILLION)
      • GERMANY
        • Table GERMANY: PERMANENT MAGNET MOTOR MARKET, BY END USER, 2016-2023 (USD MILLION)
      • FRANCE
        • Table FRANCE: PERMANENT MAGNET MOTOR MARKET, BY END USER, 2016-2023 (USD MILLION)
      • ITALY
        • Table ITALY: PERMANENT MAGNET MOTOR MARKET, BY END USER, 2016-2023 (USD MILLION)
      • UK
        • Table UK: PERMANENT MAGNET MOTOR MARKET, BY END USER, 2016-2023 (USD MILLION)
      • SPAIN
        • Table SPAIN: PERMANENT MAGNET MOTOR MARKET, BY END USER, 2016-2023 (USD MILLION)
      • REST OF EUROPE
        • Table REST OF EUROPE: PERMANENT MAGNET MOTOR MARKET, BY END USER, 2016-2023 (USD MILLION)
    • SOUTH AMERICA
      • Table SOUTH AMERICA: PERMANENT MAGNET MOTOR MARKET, BY TYPE, 2016-2023 (USD MILLION)
      • Table SOUTH AMERICA: PERMANENT MAGNET MOTOR MARKET, BY POWER RATING, 2016-2023 (USD MILLION)
      • Table SOUTH AMERICA: PERMANENT MAGNET MOTOR MARKET, BY END USER, 2015-2022 (USD MILLION)
      • Table SOUTH AMERICA: PERMANENT MAGNET MOTOR MARKET, BY COUNTRY, 2016-2023 (USD MILLION)
      • BRAZIL
        • Table BRAZIL: PERMANENT MAGNET MOTOR MARKET, BY END USER, 2016-2023 (USD MILLION)
      • ARGENTINA
        • Table ARGENTINA: PERMANENT MAGNET MOTOR MARKET, BY END USER, 2016-2023 (USD MILLION)
      • VENEZUELA
        • Table VENEZUELA: PERMANENT MAGNET MOTOR MARKET, BY END USER, 2016-2023 (USD MILLION)
      • CHILE
        • Table CHILE: PERMANENT MAGNET MOTOR MARKET, BY END USER, 2016-2023 (USD MILLION)
      • REST OF SOUTH AMERICA
        • Table REST OF SOUTH AMERICA: PERMANENT MAGNET MOTOR MARKET, BY END USER, 2016-2023 (USD MILLION)
    • MIDDLE EAST & AFRICA
      • Table MIDDLE EAST & AFRICA: PERMANENT MAGNET MOTOR MARKET, BY TYPE, 2016-2023 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: PERMANENT MAGNET MOTOR MARKET, BY POWER RATING, 2016-2023 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: PERMANENT MAGNET MOTOR MARKET, BY END USER, 2016-2023 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: PERMANENT MAGNET MOTOR MARKET, BY COUNTRY, 2016-2023 (USD MILLION)
      • SAUDI ARABIA
        • Table SAUDI ARABIA: PERMANENT MAGNET MOTOR MARKET, BY END USER, 2016-2023 (USD MILLION)
      • UAE
        • Table UAE: PERMANENT MAGNET MOTOR MARKET, BY END USER, 2016-2023 (USD MILLION)
      • QATAR
        • Table QATAR: PERMANENT MAGNET MOTOR MARKET, BY END USER, 2016-2023 (USD MILLION)
      • IRAN
        • Table IRAN: PERMANENT MAGNET MOTOR MARKET, BY END USER, 2016-2023 (USD MILLION)
      • NIGERIA
        • Table NIGERIA: PERMANENT MAGNET MOTOR MARKET, BY END USER, 2016-2023 (USD MILLION)
      • SOUTH AFRICA
        • Table SOUTH AFRICA: PERMANENT MAGNET MOTOR MARKET, BY END USER, 2016-2023 (USD MILLION)
      • REST OF THE MIDDLE EAST & AFRICA
        • Table REST OF THE MIDDLE EAST & AFRICA: PERMANENT MAGNET MOTOR MARKET, BY END USER, 2016-2023 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • INTRODUCTION
    • MARKET SHARE ANALYSIS
    • COMPETITIVE SCENARIO
      • Table DEVELOPMENTS BY KEY PLAYERS IN THE MARKET, 2013-2017
      • PRODUCT LAUNCHES
      • CONTRACTS & AGREEMENTS
      • INVESTMENTS & EXPANSIONS
      • MERGERS & EXPANSIONS
  • COMPANY PROFILES
    • BENCHMARKING
    • ABB
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • GE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SIEMENS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • YASKAWA
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • ROCKWELL
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • NIDEC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • AMETEK
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • TOSHIBA CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • WEG
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • EMERSON
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • JOHNSON ELECTRIC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • ALLIED MOTION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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