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The global permanent magnet motor market is estimated to be USD 29.50 Billion in 2018 and is projected to grow at a CAGR of 8.87%, from 2018 to 2023, to reach a market size of USD 45.13 Billion by 2023.<br>Read more & Download Brochure [PDF]<br>https://www.marketsandmarkets.com/Market-Reports/permanent-magnet-motor-market-218887711.html <br>
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Permanent Magnet Motor Market by Type, Power Rating, End-User, and Region - Global Forecast to 2023 www.MarketsandMarkets.com
Permanent Magnet AC Motor: The largest segment, by type, during the forecast period The permanent magnet AC motor segment is expected to hold the majority share of the permanent magnet motor market during the forecast period. Growing investment in consumer electronics and government initiatives to promote the use of energy-efficient motors are the major factors driving the permanent magnet motor market in the Asia Pacific region. The Asian market players, such as Yaskawa, Nidec, Toshiba Corporation, and Johnson Electric are involved in the manufacturing of permanent magnet AC motors. These factors have resulted in the highest market share of the permanent magnet AC motor segment in the permanent magnet motor market. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=218887711
The up to 25 kW segment accounts for the largest share of the permanent magnet motor market, by power rating, during the forecast period The up to 25 kW segment is expected to be the largest market, by power rating, from 2018 to 2023. The factors driving the market for permanent magnet motors ranging up to 25 kW include vast implementation of these permanent magnet motors in textile, pulp & paper, medical devices, aerospace, robotics, window shutters, air conditioners, door shutters, and electrical vehicles. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=218887711
Browse >> 65 market data tables 40 figures 137 pagesand in-depth TOC on “Permanent Magnet Motor Market - Global Forecast to 2023” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.
Asia Pacific: The fastest-growing market for permanent magnet motor In this report, the permanent magnet motor market has been analyzed on the basis of five regions, namely, Asia Pacific, North America, Europe, and the Middle East & Africa. The permanent magnet motor market in Asia Pacific is driven by countries such as China, India, Japan, and Australia. Asia Pacific has economies with increasing industrial & manufacturing sectors, automotive, consumer electronics, chemicals and processing, and paper & pulp. The demand for permanent magnet motors in these sectors is driven by rapid industrialization, rising population, and urbanization. Countries such as China and Japan have implemented energy efficiency standards to save electricity consumption. This drives the market for permanent magnet motors. Governments of major economies in Asia Pacific promote the use of energy-efficient motors in order to save electricity. This drives the market for permanent magnet motors in Asia Pacific. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=218887711
Target Audience: • The report’s target audience includes the following: • Permanent magnet motor manufacturing company • Industry and Consulting Firms • Electronics Associations • Government and Industry Associations • Electric motors Associations • Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=218887711
Key players - • To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the key players in the self-healing grid market. These include • ABB (Switzerland), • Siemens (Germany), • GE (US), • Eaton (Ireland), • Schneider Electric (France), etc. • Buy Now : - • https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=60620398
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