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.
This report contains market size and forecasts of Permanent Magnet Synchronous Motor (PMSM) in global, including the following market information:
Global Permanent Magnet Synchronous Motor (PMSM) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Permanent Magnet Synchronous Motor (PMSM) Market Sales, 2017-2022, 2023-2028, (MW)
Global top five Permanent Magnet Synchronous Motor (PMSM) companies in 2021 (%)
The global Permanent Magnet Synchronous Motor (PMSM) market was valued at 13840 million in 2021 and is projected to reach US$ 22760 million by 2028, at a CAGR of 7.4% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Below 5Kw Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Permanent Magnet Synchronous Motor (PMSM) include Mitsubishi Electric, HITACHI, ABB, SIEMENS AG, GE, Bosch, MEIDENSHA, JJE and CONTINENTAL, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Permanent Magnet Synchronous Motor (PMSM) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Permanent Magnet Synchronous Motor (PMSM) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MW)
Global Permanent Magnet Synchronous Motor (PMSM) Market Segment Percentages, by Type, 2021 (%)
Below 5Kw
5-10Kw
10-50Kw
Above 50Kw
Global Permanent Magnet Synchronous Motor (PMSM) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MW)
Global Permanent Magnet Synchronous Motor (PMSM) Market Segment Percentages, by Application, 2021 (%)
Automotive
Elevator
Industry & Automation
Others
Global Permanent Magnet Synchronous Motor (PMSM) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MW)
Global Permanent Magnet Synchronous Motor (PMSM) Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Permanent Magnet Synchronous Motor (PMSM) revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Permanent Magnet Synchronous Motor (PMSM) revenues share in global market, 2021 (%)
Key companies Permanent Magnet Synchronous Motor (PMSM) sales in global market, 2017-2022 (Estimated), (MW)
Key companies Permanent Magnet Synchronous Motor (PMSM) sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Mitsubishi Electric
HITACHI
ABB
SIEMENS AG
GE
Bosch
MEIDENSHA
JJE
CONTINENTAL
ALSTOM
BROAD-OCEAN
TOSHIBA
XIZI FORVORDA