Global Permanent Magnet Reducer Market Growth 2023-2029

Global Permanent Magnet Reducer Market Growth 2023-2029

The global Permanent Magnet Reducer market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Permanent Magnet Reducer is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Permanent Magnet Reducer is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Permanent Magnet Reducer is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Permanent Magnet Reducer players cover Bonfiglioli, SEW-Eurodrive, Nord Drivesystems, Siemens, ABB, Mitsubishi Electric, Sumitomo Heavy Industries, Hitachi and Parker Hannifin, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

Permanent magnet reducer is a gearbox that uses permanent magnet to reduce motor speed and increase torque output. The reducer is composed of a housing, a set of gears and a permanent magnet motor. Permanent magnet motor is a brushless DC motor, which is famous for its high efficiency, high power density and low maintenance requirements. The permanent magnet inside the motor generates a magnetic field, which interacts with the magnetic field generated by the stator winding, causing the rotor to rotate. The gear in the reducer transmits torque from the motor to the output shaft, which can be used to drive various types of machinery. Permanent magnet reducers are famous for their high efficiency, because they have fewer moving parts than traditional gearboxes, and do not require separate motor and speed control. They are also known for their high power density, which means that they can transmit a large amount of torque in relatively small packages.

LPI (LP Information)' newest research report, the “Permanent Magnet Reducer Industry Forecast” looks at past sales and reviews total world Permanent Magnet Reducer sales in 2022, providing a comprehensive analysis by region and market sector of projected Permanent Magnet Reducer sales for 2023 through 2029. With Permanent Magnet Reducer sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Permanent Magnet Reducer industry.

This Insight Report provides a comprehensive analysis of the global Permanent Magnet Reducer landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Permanent Magnet Reducer portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Permanent Magnet Reducer market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Permanent Magnet Reducer and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Permanent Magnet Reducer.

This report presents a comprehensive overview, market shares, and growth opportunities of Permanent Magnet Reducer market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Helical Gear Reducer
Bevel Gear Reducer
Planetary Gear Reducer
Cycloid Gear Reducer

Segmentation by application
Robot
Machine Tool
Packaging Machinery
Electric Vehicle

This report also splits the market by region:
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 below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Bonfiglioli
SEW-Eurodrive
Nord Drivesystems
Siemens
ABB
Mitsubishi Electric
Sumitomo Heavy Industries
Hitachi
Parker Hannifin
Regal Beloit
WEG
Nidec-Shimpo
TECO-Westinghouse
Leroy-Somer
Vortex
Brevini Power Transmission
Rossi
Radicon
STM
Bauer Gear Motor
Cone Drive

Key Questions Addressed in this Report

What is the 10-year outlook for the global Permanent Magnet Reducer market?

What factors are driving Permanent Magnet Reducer market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Permanent Magnet Reducer market opportunities vary by end market size?

How does Permanent Magnet Reducer break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.