Published on: February 24, 2021

Permanent Magnet Motor Market by End-user and Geography Market Analysis

The permanent magnet motor market size will grow steadily during 2025-2029.

This report provides a comprehensive analysis of the growth opportunities, market segmentations, prospects in the various regions and key countries, implications of new market trends, and the impact of domestic and global market players.

Permanent Magnet Motor Market - Key Vendors & Competitive Landscape

The market is quite competitive. The increasing demand for energy-efficient & low-cost maintenance motors will provide new growth opportunities, which will subsequently intensify the level of competition in the already competitive market.

To help clients improve brand position, the report also provides into the market’s competitive landscape, growth-impacting factors, and vendor strategies.

Our competitive analysis provides insights on the market’s atmosphere and the market share of top companies including:

GE
Siemens
ABB
Toshiba Corp.
Emerson

This will significantly aid clients in planning new selling strategies and make business decisions to make the most of the new growth opportunities.

Permanent Magnet Motor Market Segmentation

The report provides a detailed segmentation analysis of the permanent magnet motor market by end-user - industrial, commercial and residential, and healthcare.

The segmentation analysis covers the factors driving and restricting the market’s growth in these segments, the contribution of this segment to the overall market’s growth, and the individual segments’ size and CAGR year-over-year.

By geography, this market analysis report segments the market by APAC, Europe, North America, Latin America, and Middle East and Africa.

Regional growth analysis covers the market’s growth prospects & challenges in these regions, market size and CAGR, and key markets in these regions.

Furthermore, this research report also provides a country-level analysis of the growth opportunities and challenges in key markets including -

North America (US, Canada, and Mexico)
Europe (Germany, France, UK, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Australia)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
South America (Brazil, Argentina, Colombia, and Rest of South America)

Market Trends and Challenges

The report provides an overview of the global market for permanent magnet motor market and analyzes the key trends and challenges that will highly-impact market growth.

Moreover, the report also analyzes the regulatory and technological factors that will impact the global and regional dynamics and the overall market growth.

Influenced by the rising demand, the market will witness steady growth during the forecast period.

The shift from rare earth magnets to cost-effective ferrite permanent magnets is one of the key permanent magnet motor market trends that will fuel growth. Moreover, the increasing demand for energy-efficient & low-cost maintenance motors will also influence the demand for permanent magnet motors.

During the forecast period, the vendors will have to overcome challenges such as the high initial cost of permanent magnet that will restrict their growth.

Permanent Magnet Motor Market - Key Questions Answered in this Report

What is the current size and growth potential of the permanent magnet motor market?
Who are the key customers and where are they located?
Which product/service segment will have the maximum demand?
What are the implications of the new market trends?
How can vendors innovate their business model to improve their market position in the rapidly changing landscape?
Who are the key competitors?
Should vendors focus on mergers and acquisitions or grow organically?

Need a Regional, Service or Product-specific Analysis? Customize this report to meet your company’s requirements