Global Rare Earth Permanent Magnet Motor Market Growth 2025-2031

The global Rare Earth Permanent Magnet Motor market size is predicted to grow from US$ 50560 million in 2025 to US$ 79260 million in 2031; it is expected to grow at a CAGR of 7.8% from 2025 to 2031.

Rare earth permanent magnet motor is a new type of permanent magnet motor that appeared in the early 1970s. Due to the high magnetic energy product and high coercivity (especially high intrinsic coercivity) of rare earth permanent magnets, rare earth permanent magnet motors have small size, It has a series of advantages such as light weight, high efficiency and good characteristics.

United States market for Rare Earth Permanent Magnet Motor is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Rare Earth Permanent Magnet Motor is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Rare Earth Permanent Magnet Motor is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Rare Earth Permanent Magnet Motor players cover General Electric Company, Stanford Magnets, Gtek Magnet, Siboni, ABB, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Rare Earth Permanent Magnet Motor Industry Forecast” looks at past sales and reviews total world Rare Earth Permanent Magnet Motor sales in 2024, providing a comprehensive analysis by region and market sector of projected Rare Earth Permanent Magnet Motor sales for 2025 through 2031. With Rare Earth Permanent Magnet Motor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Rare Earth Permanent Magnet Motor industry.

This Insight Report provides a comprehensive analysis of the global Rare Earth Permanent Magnet Motor 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 Rare Earth Permanent Magnet Motor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Rare Earth Permanent Magnet Motor market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Rare Earth Permanent Magnet Motor 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 Rare Earth Permanent Magnet Motor.

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

Segmentation by Type:
Permanent Magnet AC Motor
Permanent Magnet DC Motor

Segmentation by Application:
Aerospace
Wind Power
Equipment Manufacturing
Other

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 analysing the company's coverage, product portfolio, its market penetration.
General Electric Company
Stanford Magnets
Gtek Magnet
Siboni
ABB
Siemens
Nidec
Toshiba
Franklin Electric
Regal Beloit
Hangzhou Kede Magnetic Industry Co., Ltd.
Zhejiang Founder Motor Co., Ltd.
Lu'an Micro&Special Motor Co., Ltd
Zhejiang Yongfa Electromechanical Co., Ltd.

Key Questions Addressed in this Report

What is the 10-year outlook for the global Rare Earth Permanent Magnet Motor market?

What factors are driving Rare Earth Permanent Magnet Motor market growth, globally and by region?

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

How do Rare Earth Permanent Magnet Motor market opportunities vary by end market size?

How does Rare Earth Permanent Magnet Motor break out by Type, by Application?

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