A permanent magnet motor is a type of brushless electric motor that uses permanent magnets rather than winding in the field.
The permanent magnet AC motors segment is estimated to lead the permanent magnet motor market in 2018. It is also projected to grow at the fastest rate during the forecast period because of features such as high torque capacity, high-quality magnetic performance, high accelerations, and high withstand overload capacity without the risk of demagnetization of the magnets. In Asia Pacific, the major demand for permanent magnet AC motors is from the industrial sector. This is likely to boost the overall permanent magnet AC motor market.
The market in Asia Pacific is expected to lead the global permanent magnet motor market by 2023. The market size in this region can be attributed to the increasing focus on the electronics sector, of which permanent magnet motors are a major component. Countries such as China, Japan, and India are the key markets for permanent magnet motors in Asia Pacific. The growing demand for energy-efficient motors for end-use applications such as electric vehicles, consumer electronics, and automobiles in the region is expected to drive the market in Asia Pacific.
The Permanent Magnet Motor Market report analyses the impact of COVID-19 on this industry. COVID-19 can affect the global market in 3 ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on enterprises and financial markets.

The report offers detailed coverage of Permanent Magnet Motor industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Permanent Magnet Motor by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Permanent Magnet Motor market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.

First, this report covers the present status and the future prospects of the global Permanent Magnet Motor market for 2015-2027.

Key Companies
ABB
GE
Siemens
Yaskawa
Rockwell
Nidec
Ametek
Toshiba
Weg
Emerson
Johnson Electric
Allied Motion

Permanent Magnet Motor Market by Type
By Type
Permanent Magnet Alternate Current Motor (PMAC)
Permanent Magnet Alternate Direct Motor (PMDC)
Brushless DC
By Power Rating
Up to 25 kW
25–100 kW
100–300 kW
300 kW & Above
Permanent Magnet Motor Market by Application
Industrial
Commercial & Residential
Healthcare

At the same time, we classify Permanent Magnet Motor according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
The report conveys the entirety of current realities about market definition, orders, applications, and commitment for the Permanent Magnet Motor market that are basic to be victorious inside the market. The principle motivation behind this report is to give a development map with respect to the activities taken by central participants of the Permanent Magnet Motor market like item dispatches, joint endeavors, propensities, consolidations, and acquisitions which is influencing the Permanent Magnet Motor market undertaking in general and furthermore influencing the business, import, fare, income and CAGR values.

Regional Analysis
North America, Latin America, Asia-Pacific countries, Europe, India, China, and over twenty countries have been analyzed based on the different marketing elements such as manufacturing capacity, consumer base, productivity, and profit margin, and ease of business. It is observed that North America, in particular, will show impressive development during the estimated time frame in marketing development. Administration organizations and outsider managers are channelizing their efforts to make client-driven items that will add to the development of an efficient marketing scenario in these regions. As the significant parts of the market business would be all around the globe, Middle East, Africa, North America along with other Asia-Pacific nations shows a great prospect of developing a good market favorable environment.

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Permanent Magnet Motor market for the forecast period 2021 - 2027?
• What are the driving forces in the Permanent Magnet Motor market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Permanent Magnet Motor industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

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