Permanent Magnet Motor Market, By Motor Type (Direct Current (DC) Motor, Alternating Current (AC) Motor), By Magnetic Material Type (Ferrite, Neodymium, Samarium Cobalt, Other Magnetic Material Types), By the End-user Vertical (Automotive, General Industr

Permanent Magnet Motor Market, By Motor Type (Direct Current (DC) Motor, Alternating Current (AC) Motor), By Magnetic Material Type (Ferrite, Neodymium, Samarium Cobalt, Other Magnetic Material Types), By the End-user Vertical (Automotive, General Industrial, Energy, Water and Wastewater Treatment, Mining, Oil, and Gas, Aerospace and Defense, Other End-user Verticals), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Permanent magnet motor structures can be divided into two categories that is interior and the surface. Every category has its own subset of the classifications. A surface of the permanent magnet motor can have its magnets or on the inset into the surface of the rotor to enhance the hardness of the model.

Market Dynamics:

The trend of the huge application of the permanent magnet motors is anticipated to continue over the predicted duration as much VFD manufacturers or the producers are starting to the added features and the huge performance control of the permanent magnet market which may let the owners and the operators to install the motor.

International price of few light rare earths metals such as cerium and the lanthanum utilized in the polishing of the flat screen TV and the refining of the oil correspondingly have fallen as much as around two thirds since August and it is still dropping.

As per the global coalition the Efficiency fore Access report named the advantages of the permanent magnet motors efficiency opportunities in off and weak grid appliances markets utilizing the permanent magnet motors utilize in between 22-42% less energy compared to the one using conventional substitute current motors.

Key features of the study:

• This report provides in-depth analysis of the global permanent magnet motor market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global permanent magnet motor market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Major companies involved in the global permanent magnet motor are Siemens AG, Rockwell Automation, Autotrol Corporation, ABB Limited, Danaher Corporation, Franklin Electric Company Inc., Aerotech Corporation, Allied Motion Technologies Inc., Bonfiglioli Group, Toshiba Corporation, Buhler Motors, Johnson Electric Holdings Ltd, Ametek Inc., Robert Bosch GmbH, Nider Corporation and Crouzet Automatismes.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global permanent magnet motor market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global permanent magnet motor market.

• Global Permanent Magnet Motor Market, By Motor Type:
• Direct Current (DC) Motor
• Alternating Current (AC) Motor
• Global Permanent Magnet Motor Market, By Magnetic Material Type:
• Ferrite
• Neodymium
• Samarium Cobalt
• Other Magnetic Material Types
• Global Permanent Magnet Motor Market, By End-User Vertical:
• Automotive
• General Industrial
• Energy
• Water and Wastewater Treatment
• Mining, Oil, and Gas
• Aerospace and Defense
• Other End-user Verticals
• Global Permanent Magnet Motor Market, By Geography:
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa