As the global economy mends, the 2021 growth of Permanent Magnet Motor will have significant change from previous year. According to our (LP Information) latest study, the global Permanent Magnet Motor market size is USD million in 2022 from USD 3556.5 million in 2021, with a change of % between 2021 and 2022. The global Permanent Magnet Motor market size will reach USD 6340.4 million in 2028, growing at a CAGR of 8.6% over the analysis period.
The United States Permanent Magnet Motor market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global Permanent Magnet Motor market, reaching US$ million by the year 2028. As for the Europe Permanent Magnet Motor landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 5-year period.
Global main Permanent Magnet Motor players cover ABB, Siemens, Nidec, and WEG, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This report presents a comprehensive overview, market shares, and growth opportunities of Permanent Magnet Motor market by product type, application, key manufacturers and key regions and countries.
Segmentation by type: breakdown data from 2017 to 2022, in Section 2.3; and forecast to 2028 in section 12.6
1-25 KW
25-100 KW
100-300 KW
Above 300 KW
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 12.7.
Petrochemical
Oil and Gas
Metallurgy
Mine (Except Coal)
Coal
Power
Aerospace
Textile Industry
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the prominent manufacturers in this market, 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 Co., Ltd.
Aerospace Power
Hunan SUND Technological Corporation
Jiangsu Anjie