Global Permanent Magnet Synchronous Motor (PMSM) Market Insights and Forecast to 2028

A permanent magnet synchronous motor (PMSM) uses permanent magnets embedded in the steel rotor to create a constant magnetic field. The stator carries windings connected to an AC supply to produce a rotating magnetic field. At synchronous speed the rotor poles lock to the rotating magnetic field. Permanent magnet synchronous motors are similar to brushless DC motors.
Market Analysis and Insights: Global Permanent Magnet Synchronous Motor (PMSM) Market
Due to the COVID-19 pandemic, the global Permanent Magnet Synchronous Motor (PMSM) market size is estimated to be worth US$ 14570 million in 2022 and is forecast to a readjusted size of US$ 22740 million by 2028 with a CAGR of 7.7% during the review period. Fully considering the economic change by this health crisis, Below 5Kw accounting for % of the Permanent Magnet Synchronous Motor (PMSM) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Automotive segment is altered to an % CAGR throughout this forecast period.
The major players in global Permanent Magnet Synchronous Motor (PMSM) market include Mitsubishi Electric, HITACHI, ABB, etc. The top 3 players occupy about 20% shares of the global market. Asia-Pacific and Europe are main markets, they occupy about 70% of the global market. 10-50Kw is the main type, with a share about 40%. Industry & Automation is the main application, which holds a share about 60%.
In terms of production side, this report researches the Permanent Magnet Synchronous Motor (PMSM) capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Permanent Magnet Synchronous Motor (PMSM) by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Permanent Magnet Synchronous Motor (PMSM) Scope and Segment
Permanent Magnet Synchronous Motor (PMSM) market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Permanent Magnet Synchronous Motor (PMSM) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Below 5Kw
5-10Kw
10-50Kw
Above 50Kw
Segment by Application
Automotive
Elevator
Industry & Automation
Others
By Company
Mitsubishi Electric
HITACHI
ABB
SIEMENS AG
GE
Bosch
MEIDENSHA
JJE
CONTINENTAL
ALSTOM
BROAD-OCEAN
TOSHIBA
XIZI FORVORDA
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

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QYR-19998470

14-Jan-2022

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