Permanent Magnet Motor Market by Type (PMAC, PMDC, and Brushless DC), Power Rating (Up to 25 kW, 25–100 kW, 100–300 kW, and 300 kW & Above), End-User (Industrial, Commercial & Residential), and Region - Global Forecast to 2026
The global permanent magnet motor market is projected to reach USD 64.6 billion by 2026 from an estimated value of USD 41.2 billion in 2021, at a CAGR of 9.4% during the forecast period. Increasing demand for energy-efficient motors and growing implementation of permanent magnet motor in industries such as automotive are the key factors driving the permanent magnet motor market. The high initial cost of permanent magnet motor can restraint the growth of the permanent magnet motor market. However, growing robotics technology offers promising business opportunities in the permanent magnet motor market. However, growing robotics technology offers promising business opportunities in the permanent magnet motor market. However, Due to the COVID-19 pandemic, local currencies of many countries have depreciated. There is a misalignment of supply and demand, leading to financial losses for components/parts manufacturers. Key components used in manufacturing permanent magnet motor are procured typically in US dollars, which results in increased component cost, which is likely to hamper the growth of the permanent magnet motor market.
“The PMAC segment, by type, is expected to be the largest market from 2021 to 2026.”
The permanent magnet motor market by type is categorized into 3 segments namely PMAC, PMDC, and Brushless DC. The PMAC segment is expected to hold the largest share of the global permanent magnet motor during the forecast period. Due to their superior efficiency, PMACs will save energy in all motor applications due to their superior efficiency. The best applications are motors located in refrigerated spaces, due to the added benefits of reduced refrigeration load. PMAC motors require variable frequency drives (VFDs) that are specially made and are typically offered only in sizes below 50 horsepower. These motors are primarily used in automatic machinery with high dynamic requirements. The high demand for the motors in this segment is expected to be large as it is largely consumed in electric vehicles and industrial manufacturing sector. The increased support and new investments in various industrial sector especially in Asia Pacific.
“The industrial segment, by application, is expected to be the largest market from 2021 to 2026.”
The permanent magnet motor market, by end user, is segmented into industrial, commercial and residential, and others. Others include defense, and transportation. Industrial segment of permanent magnet motors are expected to be the largest segment during the forecast period. Permanent magnet motors form an integral part of the industrial end use sector and are primarily used in automotive, textile, paper mills, and robotics applications, among others. Industrial segment is mainly driven by the increasing manufacturing of Electric vehicles & Electronic equipment’s in the countries specially China, Germany, United States, Japan and France.
“Asia Pacific: The largest market by region in the permanent magnet motor market.”
Asia Pacific is expected to be the largest permanent magnet motor market during the forecast period. Asia pacific includes China, Japan, India, South Korea, Australia, and the Rest of Asia Pacific. The Rest of Asia Pacific includes Myanmar, Vietnam, Indonesia, Malaysia, Singapore, Taiwan, and the Philippines. Asia Pacific is a growing market for Permanent Magnet Motor in various applications, such as automotive, electronics in industrial segment and offices and healthcare in commercial segment, due to its fast-growing economies. The market in China is expected to grow mainly because the number of manufacturing units in China is increasing, which is expected to create a massive demand for Permanent Magnet Motor. Another reason for the growth of the Permanent Magnet Motor market in APAC is the increase in the number of manufacturing plants in various sectors, such as transportation, chemicals, and pharmaceutical industries.
Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information and to assess future market prospects. The distribution of primary interviews is as follows:
Note: Tier 1 Company—Revenue > USD 5 billion, Tier 2 Company—Revenue between USD 50 million and USD 5 billion, and Tier 3 Company—Revenue < USD 50 million
The global permanent magnet motor market is dominated by many major players with an extensive regional presence and many other local regional players. The major players in Permanent Magnet Motor market, such as ABB (Switzerland), Siemens (Germany), Wolong (China), WEG (Brazil) and Rockwell Automation (US), have comparable strengths in terms of customer base, diversified product portfolios, technological capabilities, and regional presence, and they cumulatively hold a major portion of the total market share.
Study Coverage:
The report defines, describes, and forecasts the permanent magnet motor market by type, power rating, end user, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market, including the analysis of the competitive landscape, market dynamics, market estimates in terms of value, and future trends in the permanent magnet motor market.
Key Benefits of Buying the Report
1. The report identifies and addresses the key markets for permanent magnet motor sales, which would help equipment manufacturers and service providers review the demand growth.
2. The report helps system providers understand the market's pulse and provides insights into drivers, restraints, opportunities, and challenges.
3. The report will help key players understand their competitors' strategies better and help them make better strategic decisions.
“The PMAC segment, by type, is expected to be the largest market from 2021 to 2026.”
The permanent magnet motor market by type is categorized into 3 segments namely PMAC, PMDC, and Brushless DC. The PMAC segment is expected to hold the largest share of the global permanent magnet motor during the forecast period. Due to their superior efficiency, PMACs will save energy in all motor applications due to their superior efficiency. The best applications are motors located in refrigerated spaces, due to the added benefits of reduced refrigeration load. PMAC motors require variable frequency drives (VFDs) that are specially made and are typically offered only in sizes below 50 horsepower. These motors are primarily used in automatic machinery with high dynamic requirements. The high demand for the motors in this segment is expected to be large as it is largely consumed in electric vehicles and industrial manufacturing sector. The increased support and new investments in various industrial sector especially in Asia Pacific.
“The industrial segment, by application, is expected to be the largest market from 2021 to 2026.”
The permanent magnet motor market, by end user, is segmented into industrial, commercial and residential, and others. Others include defense, and transportation. Industrial segment of permanent magnet motors are expected to be the largest segment during the forecast period. Permanent magnet motors form an integral part of the industrial end use sector and are primarily used in automotive, textile, paper mills, and robotics applications, among others. Industrial segment is mainly driven by the increasing manufacturing of Electric vehicles & Electronic equipment’s in the countries specially China, Germany, United States, Japan and France.
“Asia Pacific: The largest market by region in the permanent magnet motor market.”
Asia Pacific is expected to be the largest permanent magnet motor market during the forecast period. Asia pacific includes China, Japan, India, South Korea, Australia, and the Rest of Asia Pacific. The Rest of Asia Pacific includes Myanmar, Vietnam, Indonesia, Malaysia, Singapore, Taiwan, and the Philippines. Asia Pacific is a growing market for Permanent Magnet Motor in various applications, such as automotive, electronics in industrial segment and offices and healthcare in commercial segment, due to its fast-growing economies. The market in China is expected to grow mainly because the number of manufacturing units in China is increasing, which is expected to create a massive demand for Permanent Magnet Motor. Another reason for the growth of the Permanent Magnet Motor market in APAC is the increase in the number of manufacturing plants in various sectors, such as transportation, chemicals, and pharmaceutical industries.
Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information and to assess future market prospects. The distribution of primary interviews is as follows:
- By Company Type: Tier 1- 65%, Tier 2- 24%, and Tier 3- 11%
- By Designation: C-Level- 30%, Director Level- 25%, and Others- 45%
- By Region: Asia Pacific- 33%, North America- 27%, Europe- 20%, Middle East & Africa– 12%, and South America- 8%
Note: Tier 1 Company—Revenue > USD 5 billion, Tier 2 Company—Revenue between USD 50 million and USD 5 billion, and Tier 3 Company—Revenue < USD 50 million
The global permanent magnet motor market is dominated by many major players with an extensive regional presence and many other local regional players. The major players in Permanent Magnet Motor market, such as ABB (Switzerland), Siemens (Germany), Wolong (China), WEG (Brazil) and Rockwell Automation (US), have comparable strengths in terms of customer base, diversified product portfolios, technological capabilities, and regional presence, and they cumulatively hold a major portion of the total market share.
Study Coverage:
The report defines, describes, and forecasts the permanent magnet motor market by type, power rating, end user, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market, including the analysis of the competitive landscape, market dynamics, market estimates in terms of value, and future trends in the permanent magnet motor market.
Key Benefits of Buying the Report
1. The report identifies and addresses the key markets for permanent magnet motor sales, which would help equipment manufacturers and service providers review the demand growth.
2. The report helps system providers understand the market's pulse and provides insights into drivers, restraints, opportunities, and challenges.
3. The report will help key players understand their competitors' strategies better and help them make better strategic decisions.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 DEFINITION
1.3 INCLUSIONS & EXCLUSIONS
1.3.1 PERMANENT MAGNET MOTOR MARKET, BY TYPE: INCLUSIONS & EXCLUSIONS
1.3.2 PERMANENT MAGNET MOTOR MARKET, BY END-USE INDUSTRY: INCLUSIONS & EXCLUSIONS
1.4 MARKET SCOPE
1.4.1 MARKET SEGMENTATION
1.4.2 GEOGRAPHIC SCOPE
1.4.3 YEARS CONSIDERED FOR THE STUDY
1.5 CURRENCY
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 1 PERMANENT MAGNET MOTOR MARKET: RESEARCH DESIGN
2.2 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 2 DATA TRIANGULATION METHODOLOGY
2.2.1 SECONDARY DATA
2.2.1.1 Key data from secondary sources
2.2.2 PRIMARY DATA
2.2.2.1 Key data from primary sources
2.2.2.2 Breakdown of primaries
2.3 IMPACT OF COVID-19 ON INDUSTRY
2.4 SCOPE
FIGURE 3 MAIN METRICS CONSIDERED WHILE ANALYZING AND ASSESSING DEMAND FOR PERMANENT MAGNET MOTORS
2.5 MARKET SIZE ESTIMATION
2.5.1 BOTTOM-UP APPROACH
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.5.2 TOP-DOWN APPROACH
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.5.3 DEMAND-SIDE ANALYSIS
2.5.3.1 Regional analysis
2.5.3.2 Country analysis
2.5.3.3 Assumptions for demand side
2.5.3.4 Calculation for demand side
2.5.4 SUPPLY-SIDE ANALYSIS
FIGURE 6 KEY STEPS CONSIDERED FOR ASSESSING SUPPLY OF PERMANENT MAGNET MOTOR
FIGURE 7 PERMANENT MAGNET MOTOR MARKET: SUPPLY-SIDE ANALYSIS
2.5.4.1 Supply-side calculation
2.5.4.2 Assumptions for supply-side
2.5.5 FORECAST
3 EXECUTIVE SUMMARY
TABLE 1 PERMANENT MAGNET MOTOR MARKET SNAPSHOT
FIGURE 8 ASIA PACIFIC LED THE MARKET FOR PERMANENT MAGNET MOTOR IN 2020
FIGURE 9 PMAC SEGMENT EXPECTED TO DOMINATE PERMANENT MAGNET MOTOR MARKET DURING FORECAST PERIOD
FIGURE 10 UPTO 25 KW SEGMENT EXPECTED TO GROW AT THE HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 11 INDUSTRIAL SEGMENT EXPECTED TO LEAD PERMANENT MAGNET MOTOR MARKET DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN PERMANENT MAGNET MOTOR MARKET
FIGURE 12 INCREASING INVESTMENTS IN ELECTRONIC APPLIANCES AND ELECTRIC VEHICLES EXPECTED TO DRIVE THE MARKET DURING THE FORECAST PERIOD
4.2 PERMANENT MAGNET MOTOR MARKET, BY REGION
FIGURE 13 PERMANENT MAGNET MOTOR MARKET IN ASIA PACIFIC PROJECTED TO GROW AT HIGHEST CAGR FROM 2021 TO 2026
4.3 PERMANENT MAGNET MOTOR MARKET IN ASIA PACIFIC, BY END-USE INDUSTRY & COUNTRY
FIGURE 14 THE ELECTRONICS INDUSTRY AND CHINA HELD THE LARGEST SHARE OF THE PERMANENT MAGNET MOTOR MARKET IN ASIA PACIFIC IN 2020
4.4 PERMANENT MAGNET MOTOR MARKET, BY TYPE
FIGURE 15 PMAC MOTOR SEGMENT EXPECTED TO ACCOUNT FOR THE LARGEST SHARE OF PERMANENT MAGNET MOTOR MARKET BY 2026
4.5 PERMANENT MAGNET MOTOR MARKET, BY POWER RATING
FIGURE 16 UPTO 25KW SEGMENT EXPECTED TO ACCOUNT FOR THE LARGEST SHARE OF MARKET BY 2026
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 COVID-19 HEALTH ASSESSMENT
FIGURE 17 COVID-19 GLOBAL PROPAGATION
FIGURE 18 COVID-19 PROPAGATION ACROSS COUNTRIES
5.3 ROAD TO RECOVERY
FIGURE 19 RECOVERY ROAD FOR 2020 AND 2021
5.4 COVID-19 ECONOMIC ASSESSMENT
FIGURE 20 REVISED GDP FORECASTS FOR SELECT G20 COUNTRIES IN 2020
5.5 MARKET DYNAMICS
FIGURE 21 PERMANENT MAGNET MOTOR MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.5.1 DRIVERS
5.5.1.1 Increasing demand for energy-efficient and low-cost maintenance motors across different industries
5.5.1.2 Increasing use of permanent magnet motors in electric vehicles
FIGURE 22 WORLDWIDE EV SALES, MILLION UNITS, 2017–2020
5.5.1.3 Rising demand for sustainable solutions in the HVAC industry
5.5.2 RESTRAINTS
5.5.2.1 High cost of permanent magnet motors
5.5.2.2 Increased prices of raw materials used in manufacturing
5.5.3 OPPORTUNITIES
5.5.3.1 Adoption of cost-effective ferrite permanent magnets
5.5.3.2 Emergence of robotics technology
5.5.3.3 Increasing use of IoT and 5G technologies across industries
5.5.4 CHALLENGES
5.5.4.1 Easy availability of low-quality and inexpensive electric motors
5.5.4.2 Shortage of components and parts due to COVID-19
TABLE 2 REGION/COUNTRY-WISE PERCENTAGE DEVIATION FROM BENCHMARKS DUE TO COVID-19 (GDP-2020)
5.6 TRENDS
5.6.1 REVENUE SHIFT & NEW REVENUE POCKETS FOR ELECTRIC VEHICLE MANUFACTURERS
FIGURE 23 REVENUE SHIFT FOR PERMANENT MAGNET MOTORS
5.7 PRICING ANALYSIS
TABLE 3 PRICING ANALYSIS OF PERMANENT MAGNET MOTORS
5.8 MARKET MAP
FIGURE 24 MARKET MAP FOR PM MOTOR
TABLE 4 PERMANENT MAGNET MOTOR: SUPPLY CHAIN/ECOSYSTEM
5.9 VALUE CHAIN ANALYSIS
FIGURE 25 PERMANENT MAGNET MOTOR VALUE CHAIN ANALYSIS
5.9.1 RAW MATERIAL PROVIDERS/SUPPLIERS
5.9.2 OEM MANUFACTURERS
5.9.3 PERMANENT MAGNET MOTOR MANUFACTURERS/ASSEMBLERS
5.9.4 DISTRIBUTORS (BUYERS)/END USERS AND POST-SALES SERVICES
5.10 TECHNOLOGY ANALYSIS
5.10.1 PM MOTOR BASED ON DIFFERENT TECHNOLOGIES
TABLE 5 COMPARISON OF DIFFERENT COMMERCIALLY AVAILABLE MOTOR TECHNOLOGIES
5.11 PERMANENT MAGNET MOTOR: CODES AND REGULATIONS
TABLE 6 PERMANENT MAGNET MOTOR: CODES AND REGULATIONS
5.12 INNOVATIONS AND PATENT REGISTRATIONS
TABLE 7 PERMANENT MAGNET MOTOR: INNOVATIONS AND PATENT REGISTRATIONS
5.13 PORTER’S FIVE FORCES ANALYSIS
FIGURE 26 PORTER’S FIVE FORCES ANALYSIS FOR PM MOTOR MARKET
TABLE 8 PERMANENT MAGNET MOTOR: PORTER’S FIVE FORCES ANALYSIS
5.13.1 THREAT OF SUBSTITUTES
5.13.2 BARGAINING POWER OF SUPPLIERS
5.13.3 BARGAINING POWER OF BUYERS
5.13.4 THREAT OF NEW ENTRANTS
5.13.5 INTENSITY OF COMPETITIVE RIVALRY
5.14 CASE STUDY ANALYSIS
5.14.1 ABB’S PERMANENT MAGNET MOTOR SOLUTION FOR PAPER MILLS AND TESLA SWITCHING TO PERMANENT MAGNET MOTOR FOR ITS ELECTRIC VEHICLES
TABLE 9 PERMANENT MAGNET MOTOR: CASE STUDY ANALYSIS
6 PERMANENT MAGNET MOTOR MARKET, BY TYPE
6.1 INTRODUCTION
FIGURE 27 PERMANENT MAGNET MOTOR MARKET SHARE, BY TYPE, 2020 (%)
TABLE 10 PERMANENT MAGNET MOTOR MARKET, BY TYPE, 2019–2026 (USD MILLION)
6.2 PERMANENT MAGNET AC MOTOR
6.2.1 PERMANENT MAGNET AC MOTOR OFFER HIGH TORQUE CAPACITY AND WITHSTAND HIGH OVERLOAD CAPACITY
TABLE 11 PERMANENT MAGNET AC MOTOR MARKET, BY REGION, 2019–2026 (USD MILLION)
6.3 PERMANENT MAGNET DC MOTOR
6.3.1 PERMANENT MAGNET DC MOTOR ARE AVAILABLE IN SMALL SIZES FOR USE IN ELECTRONIC APPLIANCES
TABLE 12 PERMANENT MAGNET DC MOTOR MARKET, BY REGION, 2019–2026 (USD MILLION)-
6.4 BRUSHLESS DC MOTOR
6.4.1 PERMANENT MAGNET BRUSHLESS DC MOTOR ARE WITNESSING CONSIDERABLE GROWTH DUE TO INCREASING USAGE IN ELECTRIC VEHICLES
TABLE 13 BRUSHLESS DC MOTOR MARKET, BY REGION, 2019–2026 (USD MILLION)
7 PERMANENT MAGNET MOTOR MARKET, BY END-USE INDUSTRY
7.1 INTRODUCTION
FIGURE 28 PERMANENT MAGNET MOTOR MARKET SHARE, BY END-USE INDUSTRY, 2020
TABLE 14 PERMANENT MAGNET MOTOR MARKET, BY END-USE INDUSTRY, 2020–2026 (USD MILLION)
7.2 INDUSTRIAL
7.2.1 INDUSTRIAL SEGMENT IS DRIVEN BY RAPIDLY EXPANDING MANUFACTURING ACTIVITIES IN APAC REGION
TABLE 15 PERMANENT MAGNET MOTOR MARKET FOR INDUSTRIAL, BY TYPE, 2019–2026 (USD MILLION)
TABLE 16 PERMANENT MAGNET MOTOR MARKET FOR INDUSTRIAL, BY REGION, 2019–2026 (USD MILLION)
7.2.2 AUTOMOTIVE
7.2.2.1 Automotive segment accounted for major share in Permanent Magnet Motor market due to increasing usage in EV
TABLE 17 PERMANENT MAGNET MOTOR MARKET FOR AUTOMOTIVE, BY REGION, 2019–2026 (USD MILLION)
7.2.3 PULP & PAPER
7.2.3.1 Permanent magnet motors are witnessing considerable growth from the pulp & paper segment in APAC
TABLE 18 PERMANENT MAGNET MOTOR MARKET FOR PULP & PAPER, BY REGION, 2019–2026 (USD MILLION)
7.2.4 ELECTRONICS
7.2.4.1 The use of permanent magnet motors in electronic appliances boosts electrical efficiency far more than the traditional motors
TABLE 19 PERMANENT MAGNET MOTOR MARKET FOR ELECTRONICS, BY REGION, 2019–2026 (USD MILLION)
7.2.5 CHEMICAL & PETROCHEMICALS
7.2.5.1 Increasing upstream activities across APAC and North America will boost the sales of PM motors in these regions
TABLE 20 PERMANENT MAGNET MOTOR MARKET FOR CHEMICALS & PETROCHEMICALS, BY REGION, 2019–2026 (USD MILLION)
7.2.6 OTHERS
TABLE 21 PERMANENT MAGNET MOTOR MARKET FOR OTHER INDUSTRIES, BY REGION, 2019–2026 (USD MILLION)
7.3 COMMERCIAL AND RESIDENTIAL
TABLE 22 PERMANENT MAGNET MOTOR MARKET FOR COMMERCIAL AND RESIDENTIAL, BY TYPE, 2019–2026 (USD MILLION)
TABLE 23 PERMANENT MAGNET MOTOR MARKET FOR COMMERCIAL, BY TYPE, BY REGION, 2019–2026 (USD MILLION)
7.3.1 COMMERCIAL
7.3.1.1 Commercial segment generates major share due to use of permanent magnet motor in large buildings and various energy-intensive operations
TABLE 24 PERMANENT MAGNET MOTOR MARKET FOR COMMERCIAL, BY TYPE, 2019–2026 (USD MILLION)
TABLE 25 PERMANENT MAGNET MOTOR MARKET FOR COMMERCIAL, BY REGION, 2019–2026 (USD MILLION)
7.3.1.2 Malls
7.3.1.2.1 Rising number of supermarkets across the globe will increase the usage of permanent magnet motor
TABLE 26 PERMANENT MAGNET MOTOR MARKET FOR MALLS, BY REGION, 2019–2026 (USD MILLION)
7.3.1.3 Offices
7.3.1.3.1 Growth in IT & telecom sector across the globe will boost the sales of permanent magnet motors
TABLE 27 PERMANENT MAGNET MOTOR MARKET FOR OFFICES, BY REGION, 2019–2026 (USD MILLION)
7.3.1.4 Healthcare
7.3.1.4.1 Due to high reliability and compact size, usage of permanent magnet motor will increase in medical devices
TABLE 28 PERMANENT MAGNET MOTOR MARKET FOR HEALTHCARE, BY REGION, 2019–2026 (USD MILLION)
7.3.1.5 Others
TABLE 29 PERMANENT MAGNET MOTOR MARKET FOR OTHER COMMERCIAL INDUSTRIES, BY REGION, 2019–2026 (USD MILLION)
7.3.2 RESIDENTIAL
7.3.2.1 Rapid urbanization and growing population across the globe will increase the usage of permanent magnet motor
TABLE 30 PERMANENT MAGNET MOTOR MARKET FOR RESIDENTIAL, BY REGION, 2019–2026 (USD MILLION)
7.4 OTHERS
TABLE 31 PERMANENT MAGNET MOTOR MARKET FOR OTHER END-USE INDUSTRIES, BY REGION, 2019–2026 (USD MILLION)
8 PERMANENT MAGNET MOTOR MARKET, BY POWER RATING
8.1 INTRODUCTION
FIGURE 29 PERMANENT MAGNET MOTOR MARKET, BY POWER RATING, 2020 (%)
TABLE 32 PERMANENT MAGNET MOTOR MARKET SIZE, BY POWER RATING, 2019–2026 (USD)
8.2 UPTO 25 KW
8.2.1 INCREASING USE OF PERMANENT MAGNET MOTOR UPTO 25 KW ACROSS ELECTRONICS AND INDUSTRIAL SEGMENT
TABLE 33 UPTO 25 KW PERMANENT MAGNET MOTOR MARKET, BY REGION, 2019–2026 (USD MILLION)
8.3 25–100 KW
8.3.1 RISING APPLICATION OF PERMANENT MAGNET MOTOR UPTO 25–100 KW ACROSS PRINTING & PACKAGING INDUSTRY
TABLE 34 25–100 KW PERMANENT MAGNET MOTOR MARKET, BY REGION, 2019–2026 (USD MILLION)
8.4 100–300 KW
8.4.1 INCREASING DEMAND FOR PERMANENT MAGNET MOTOR UPTO 100–300 KW ACROSS AEROSPACE AND RAILWAYS
TABLE 35 100–300 KW PERMANENT MAGNET MOTOR MARKET, BY REGION, 2019–2026 (USD)
8.5 300 KW AND ABOVE
8.5.1 INCREASING APPLICATION OF PERMANENT MAGNET MOTOR 300 KW & ABOVE DUE TO ITS ADVANTAGE OVER CONVENTIONAL PROPULSION
TABLE 36 300 KW & ABOVE PERMANENT MAGNET MOTOR MARKET, BY REGION, 2019–2026 (USD)
9 GEOGRAPHICAL ANALYSIS
9.1 INTRODUCTION
FIGURE 30 PERMANENT MAGNET MOTOR MARKET IN ASIA PACIFIC TO GROW AT THE HIGHEST CAGR FROM 2021 TO 2026
FIGURE 31 PERMANENT MAGNET MOTOR MARKET SHARE, BY REGION, 2020 (%)
TABLE 37 PERMANENT MAGNET MOTOR MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
TABLE 38 PERMANENT MAGNET MOTOR MARKET SIZE, BY REGION, 2019–2026 (VOLUME IN MILLION UNITS)
9.2 ASIA PACIFIC
FIGURE 32 ASIA PACIFIC PM MOTOR MARKET SNAPSHOT
9.2.1 PRICE TREND ANALYSIS
FIGURE 33 ASIA PACIFIC PRICE TREND ANALYSIS (2018-2020)
9.2.2 BY TYPE
TABLE 39 PERMANENT MAGNET MOTOR MARKET IN ASIA PACIFIC, BY TYPE, 2019–2026 (USD MILLION)
9.2.3 BY POWER RATING
TABLE 40 PERMANENT MAGNET MOTOR MARKET IN ASIA PACIFIC, BY POWER RATING, 2019–2026 (USD MILLION)
9.2.4 BY END-USE INDUSTRY
TABLE 41 PERMANENT MAGNET MOTOR MARKET IN ASIA PACIFIC, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 42 PERMANENT MAGNET MOTOR MARKET IN ASIA PACIFIC FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 43 PERMANENT MAGNET MOTOR MARKET IN ASIA PACIFIC FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.2.5 BY COUNTRY
TABLE 44 PERMANENT MAGNET MOTOR MARKET IN ASIA PACIFIC, BY COUNTRY, 2019–2026 (USD MILLION)
9.2.5.1 China
9.2.5.1.1 Increasing manufacturing activities to contribute to the growth of PM motor market in China
9.2.5.1.2 By type
TABLE 45 PERMANENT MAGNET MOTOR MARKET IN CHINA, BY TYPE, 2019–2026 (USD MILLION)
9.2.5.1.3 By power rating
TABLE 46 PERMANENT MAGNET MOTOR MARKET IN CHINA, BY POWER RATING, 2019–2026 (USD MILLION)
9.2.6 BY END-USE INDUSTRY
TABLE 47 PERMANENT MAGNET MOTOR MARKET IN CHINA, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 48 PERMANENT MAGNET MOTOR MARKET IN CHINA FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 49 PERMANENT MAGNET MOTOR MARKET IN CHINA FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.2.6.1 Japan
9.2.6.1.1 Growing focus on technologically advanced industrial equipment and manufacturing process drive demand for PM motors in Japan
9.2.6.1.2 By type
TABLE 50 PERMANENT MAGNET MOTOR MARKET IN JAPAN, BY TYPE, 2019–2026 (USD MILLION)
9.2.6.1.3 By power rating
TABLE 51 PERMANENT MAGNET MOTOR MARKET IN JAPAN, BY POWER RATING, 2019–2026 (USD MILLION)
9.2.7 BY END-USE INDUSTRY
TABLE 52 PERMANENT MAGNET MOTOR MARKET IN JAPAN, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 53 PERMANENT MAGNET MOTOR MARKET IN JAPAN FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION))
TABLE 54 PERMANENT MAGNET MOTOR MARKET IN JAPAN FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.2.7.1 India
9.2.7.1.1 Ongoing Industrialization expected to drive the demand for PM motors in India
9.2.7.1.2 By type
TABLE 55 PERMANENT MAGNET MOTOR MARKET IN INDIA, BY TYPE, 2019–2026 (USD MILLION)
9.2.7.1.3 By power rating
TABLE 56 PERMANENT MAGNET MOTOR MARKET IN INDIA, BY POWER RATING, 2019–2026 (USD MILLION)
9.2.8 BY END-USE INDUSTRY
TABLE 57 PERMANENT MAGNET MOTOR MARKET IN INDIA, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 58 PERMANENT MAGNET MOTOR MARKET IN INDIA FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 59 PERMANENT MAGNET MOTOR MARKET IN INDIA FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.2.8.1 South Korea
9.2.8.1.1 Rise in manufacturing of electronics and automobiles is expected to drive the market in the country
9.2.8.1.2 By type
TABLE 60 PERMANENT MAGNET MOTOR MARKET IN SOUTH KOREA, BY TYPE, 2019–2026 (USD MILLION)
9.2.8.1.3 By power rating
TABLE 61 PERMANENT MAGNET MOTOR MARKET IN SOUTH KOREA, BY POWER RATING, 2019–2026 (USD MILLION)
9.2.9 BY END-USE INDUSTRY
TABLE 62 PERMANENT MAGNET MOTOR MARKET IN SOUTH KOREA, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 63 PERMANENT MAGNET MOTOR MARKET IN SOUTH KOREA FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 64 PERMANENT MAGNET MOTOR MARKET IN SOUTH KOREA FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.2.9.1 Australia
9.2.9.1.1 Increasing demand for consumer electronics fueling the growth of PM motors in Australia
9.2.9.1.2 By type
TABLE 65 PERMANENT MAGNET MOTOR MARKET IN AUSTRALIA, BY TYPE, 2019–2026 (USD MILLION)
9.2.9.1.3 By power rating
TABLE 66 PERMANENT MAGNET MOTOR MARKET IN AUSTRALIA, BY POWER RATING, 2019–2026 (USD MILLION)
9.2.10 BY END-USE INDUSTRY
TABLE 67 PERMANENT MAGNET MOTOR MARKET IN AUSTRALIA, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 68 PERMANENT MAGNET MOTOR MARKET IN AUSTRALIA FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 69 PERMANENT MAGNET MOTOR MARKET IN AUSTRALIA FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.2.10.1 Rest of Asia Pacific
9.2.10.1.1 By type
TABLE 70 PERMANENT MAGNET MOTOR MARKET IN REST OF ASIA PACIFIC, BY TYPE, 2019–2026 (USD MILLION)
9.2.10.1.2 By power rating
TABLE 71 PERMANENT MAGNET MOTOR MARKET IN REST OF ASIA PACIFIC, BY POWER RATING, 2019–2026 (USD MILLION)
9.2.11 BY END-USE INDUSTRY
TABLE 72 PERMANENT MAGNET MOTOR MARKET IN REST OF ASIA PACIFIC, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 73 PERMANENT MAGNET MOTOR MARKET IN REST OF ASIA-PACIFIC FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 74 PERMANENT MAGNET MOTOR MARKET IN REST OF ASIA PACIFIC FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.3 NORTH AMERICA
FIGURE 34 NORTH AMERICA: PM MOTOR MARKET SNAPSHOT
9.3.1 PRICE TREND ANALYSIS
FIGURE 35 PRICE TREND ANALYSIS (2018-2020)
9.3.2 BY TYPE
TABLE 75 PERMANENT MAGNET MOTOR MARKET IN NORTH AMERICA, BY TYPE, 2019–2026 (USD MILLION)
9.3.3 BY POWER RATING
TABLE 76 PERMANENT MAGNET MOTOR MARKET IN NORTH AMERICA, BY POWER RATING, 2019–2026 (USD MILLION)
9.3.4 BY END-USE INDUSTRY
TABLE 77 PERMANENT MAGNET MOTOR MARKET IN NORTH AMERICA, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 78 PERMANENT MAGNET MOTOR MARKET IN NORTH AMERICA FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 79 PERMANENT MAGNET MOTOR MARKET IN NORTH AMERICA FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.3.5 BY COUNTRY
TABLE 80 PERMANENT MAGNET MOTOR MARKET IN NORTH AMERICA, BY COUNTRY, 2019–2026 (USD MILLION)
9.3.5.1 US
9.3.5.1.1 New reforms related to energy efficiency will fuel the growth of the permanent magnet motor market
9.3.5.1.2 By type
TABLE 81 PERMANENT MAGNET MOTOR MARKET IN US, BY TYPE, 2019–2026 (USD MILLION)
9.3.5.1.3 By power rating
TABLE 82 PERMANENT MAGNET MOTOR MARKET IN US, BY POWER RATING, 2019–2026 (USD MILLION)
9.3.6 BY END-USE INDUSTRY
TABLE 83 PERMANENT MAGNET MOTOR MARKET IN US, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 84 PERMANENT MAGNET MOTOR MARKET IN US FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 85 PERMANENT MAGNET MOTOR MARKET IN US FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.3.6.1 Mexico
9.3.6.1.1 Mexico’s manufacturing capabilities at low-cost is providing opportunity for PM motor manufacturers
9.3.6.1.2 By Type
TABLE 86 PERMANENT MAGNET MOTOR MARKET IN MEXICO, BY TYPE, 2019–2026 (USD MILLION)
9.3.6.1.3 By power rating
TABLE 87 PERMANENT MAGNET MOTOR MARKET IN MEXICO, BY POWER RATING, 2019–2026 (USD MILLION)
9.3.7 BY END-USE INDUSTRY
TABLE 88 PERMANENT MAGNET MOTOR MARKET IN MEXICO, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 89 PERMANENT MAGNET MOTOR MARKET IN MEXICO FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 90 PERMANENT MAGNET MOTOR MARKET IN MEXICO FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.3.7.1 Canada
9.3.7.1.1 Heavy investments in end-use industries will boost the demand for permanent magnet motors
9.3.7.1.2 By type
TABLE 91 PERMANENT MAGNET MOTOR MARKET IN CANADA, BY TYPE, 2019–2026 (USD MILLION)
9.3.7.1.3 By power rating
TABLE 92 PERMANENT MAGNET MOTOR MARKET IN CANADA, BY POWER RATING, 2019–2026 (USD MILLION)
9.3.8 BY END-USE INDUSTRY
TABLE 93 PERMANENT MAGNET MOTOR MARKET IN CANADA, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 94 PERMANENT MAGNET MOTOR MARKET IN CANADA FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 95 PERMANENT MAGNET MOTOR MARKET IN CANADA FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.3.8.1 Rest of North America
9.3.8.1.1 Cuba is a potential market in the Rest of North America
9.3.8.1.2 By type
TABLE 96 PERMANENT MAGNET MOTOR MARKET IN REST OF NORTH AMERICA, BY TYPE, 2019–2026 (USD MILLION)
9.3.8.1.3 By power rating
TABLE 97 PERMANENT MAGNET MOTOR MARKET IN REST OF NORTH AMERICA, BY POWER RATING, 2019–2026 (USD MILLION)
9.3.9 BY END-USE INDUSTRY
TABLE 98 PERMANENT MAGNET MOTOR MARKET IN REST OF NORTH AMERICA, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 99 PERMANENT MAGNET MOTOR MARKET IN REST OF NORTH AMERICA FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 100 PERMANENT MAGNET MOTOR MARKET IN REST OF NORTH AMERICA FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.4 EUROPE
9.4.1 PRICE TREND ANALYSIS
9.4.2 BY TYPE
TABLE 101 PERMANENT MAGNET MOTOR MARKET IN EUROPE, BY TYPE, 2019–2026 (USD MILLION)
9.4.3 BY POWER RATING
TABLE 102 PERMANENT MAGNET MOTOR MARKET IN EUROPE, BY POWER RATING, 2019–2026 (USD MILLION)
9.4.4 BY END-USE INDUSTRY
TABLE 103 PERMANENT MAGNET MOTOR MARKET IN EUROPE, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 104 PERMANENT MAGNET MOTOR MARKET IN EUROPE FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 105 PERMANENT MAGNET MOTOR MARKET IN EUROPE FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.4.5 BY COUNTRY
TABLE 106 PERMANENT MAGNET MOTOR MARKET IN EUROPE, BY COUNTRY, 2019–2026 (USD MILLION)
9.4.5.1 Germany
9.4.5.1.1 Increasing investment in medical equipment and automotive sectors to fuel demand for PM motors in the country
9.4.5.1.2 By type
TABLE 107 PERMANENT MAGNET MOTOR MARKET IN GERMANY, BY TYPE, 2019–2026 (USD MILLION)
9.4.5.1.3 By power rating
TABLE 108 PERMANENT MAGNET MOTOR MARKET IN GERMANY, BY POWER RATING, 2019–2026 (USD MILLION)
9.4.6 BY END-USE INDUSTRY
TABLE 109 PERMANENT MAGNET MOTOR MARKET IN GERMANY, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 110 PERMANENT MAGNET MOTOR MARKET IN GERMANY FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 111 PERMANENT MAGNET MOTOR MARKET IN GERMANY FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.4.6.1 Russia
9.4.6.1.1 Increasing investment in the manufacturing sector expected to increase the demand for PM motors in the country
9.4.6.1.2 By type
TABLE 112 PERMANENT MAGNET MOTOR MARKET IN RUSSIA, BY TYPE, 2019–2026 (USD MILLION)
9.4.6.1.3 By power rating
TABLE 113 PERMANENT MAGNET MOTOR MARKET IN RUSSIA, BY POWER RATING, 2019–2026 (USD MILLION)
9.4.7 BY END-USE INDUSTRY
TABLE 114 PERMANENT MAGNET MOTOR MARKET IN RUSSIA, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 115 PERMANENT MAGNET MOTOR MARKET IN RUSSIA FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 116 PERMANENT MAGNET MOTOR MARKET IN RUSSIA FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.4.7.1 Italy
9.4.7.1.1 Increased applications of PM motors across industries drive their demand
9.4.7.1.2 By type
TABLE 117 PERMANENT MAGNET MOTOR MARKET IN ITALY, BY TYPE, 2019–2026 (USD MILLION)
9.4.7.1.3 By power rating
TABLE 118 PERMANENT MAGNET MOTOR MARKET IN ITALY, BY POWER RATING, 2019–2026 (USD MILLION)
9.4.8 BY END-USE INDUSTRY
TABLE 119 PERMANENT MAGNET MOTOR MARKET IN ITALY, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 120 PERMANENT MAGNET MOTOR MARKET IN ITALY FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 121 PERMANENT MAGNET MOTOR MARKET IN ITALY FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.4.8.1 France
9.4.8.1.1 Growth of the automotive industry is expected to boost the sales of brushless DC motors
9.4.8.1.2 By type
TABLE 122 PERMANENT MAGNET MOTOR MARKET IN FRANCE, BY TYPE, 2019–2026 (USD MILLION)
9.4.8.1.3 By power rating
TABLE 123 PERMANENT MAGNET MOTOR MARKET IN FRANCE, BY POWER RATING, 2019–2026 (USD MILLION)
9.4.9 BY END-USE INDUSTRY
TABLE 124 PERMANENT MAGNET MOTOR MARKET IN FRANCE, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 125 PERMANENT MAGNET MOTOR MARKET IN FRANCE FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 126 PERMANENT MAGNET MOTOR MARKET IN FRANCE FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.4.9.1 UK
9.4.9.1.1 By type
TABLE 127 PERMANENT MAGNET MOTOR MARKET IN UK, BY TYPE, 2019–2026 (USD MILLION)
9.4.9.1.2 By power rating
TABLE 128 PERMANENT MAGNET MOTOR MARKET IN UK, BY POWER RATING, 2019–2026 (USD MILLION)
9.4.10 BY END-USE INDUSTRY
TABLE 129 PERMANENT MAGNET MOTOR MARKET IN UK, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 130 PERMANENT MAGNET MOTOR MARKET IN UK FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 131 PERMANENT MAGNET MOTOR MARKET IN UK FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.4.10.1 Rest of Europe
9.4.10.1.1 By type
TABLE 132 PERMANENT MAGNET MOTOR MARKET IN REST OF EUROPE, BY TYPE, 2019–2026 (USD MILLION)
9.4.10.1.2 By power rating
TABLE 133 PERMANENT MAGNET MOTOR MARKET IN REST OF EUROPE, BY POWER RATING, 2019–2026 (USD MILLION)
9.4.11 BY END-USE INDUSTRY
TABLE 134 PERMANENT MAGNET MOTOR MARKET IN REST OF EUROPE, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 135 PERMANENT MAGNET MOTOR MARKET IN REST OF EUROPE FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 136 PERMANENT MAGNET MOTOR MARKET IN REST OF EUROPE FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.5 MIDDLE EAST & AFRICA
9.5.1 PRICE TREND ANALYSIS
9.5.2 BY TYPE
TABLE 137 PERMANENT MAGNET MOTOR MARKET IN MIDDLE EAST & AFRICA, BY TYPE, 2019–2026 (USD MILLION)
9.5.3 BY POWER RATING
TABLE 138 PERMANENT MAGNET MOTOR MARKET IN MIDDLE EAST & AFRICA, BY POWER RATING, 2019–2026 (USD MILLION)
9.5.4 BY END-USE INDUSTRY
TABLE 139 PERMANENT MAGNET MOTOR MARKET IN MIDDLE EAST, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 140 PERMANENT MAGNET MOTOR MARKET IN MIDDLE EAST & AFRICA FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 141 PERMANENT MAGNET MOTOR MARKET IN MIDDLE EAST & AFRICA FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.5.5 BY COUNTRY
TABLE 142 PERMANENT MAGNET MOTOR MARKET IN MIDDLE EAST & AFRICA, BY COUNTRY, 2019–2026 (USD MILLION)
9.5.5.1 Saudi Arabia
9.5.5.1.1 Increasing investment in the oil& gas and automotive sectors is expected to drive the demand for PM motors
9.5.5.1.2 By type
TABLE 143 PERMANENT MAGNET MOTOR MARKET IN SAUDI ARABIA, BY TYPE, 2019–2026 (USD MILLION)
9.5.5.1.3 By power rating
TABLE 144 PERMANENT MAGNET MOTOR MARKET IN SAUDI ARABIA, BY POWER RATING, 2019–2026 (USD MILLION)
9.5.6 BY END-USE INDUSTRY
TABLE 145 PERMANENT MAGNET MOTOR MARKET IN SAUDI ARABIA, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 146 PERMANENT MAGNET MOTOR MARKET IN SAUDI ARABIA FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 147 PERMANENT MAGNET MOTOR MARKET IN SAUDI ARABIA FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.5.6.1 South Africa
9.5.6.1.1 Increasing investment in the industrial manufacturing sector is projected to boost the market
9.5.6.1.2 By type
TABLE 148 PERMANENT MAGNET MOTOR MARKET IN SOUTH AFRICA, BY TYPE, 2019–2026 (USD MILLION)
9.5.6.1.3 By power rating
TABLE 149 PERMANENT MAGNET MOTOR MARKET IN SOUTH AFRICA, BY POWER RATING, 2019–2026 (USD MILLION)
9.5.7 BY END-USE INDUSTRY
TABLE 150 PERMANENT MAGNET MOTOR MARKET IN SOUTH AFRICA, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 151 PERMANENT MAGNET MOTOR MARKET IN SOUTH AFRICA FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 152 PERMANENT MAGNET MOTOR MARKET IN REST OF SOUTH AFRICA FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.5.7.1 UAE
9.5.7.1.1 New investments by the UAE government in the oil & gas sector is expected to boost the demand for PM motors
9.5.7.1.2 By type
TABLE 153 PERMANENT MAGNET MOTOR MARKET IN UAE, BY TYPE, 2019–2026 (USD MILLION)
9.5.7.1.3 By power rating
TABLE 154 PERMANENT MAGNET MOTOR MARKET IN UAE, BY POWER RATING, 2019–2026 (USD MILLION)
9.5.8 BY END-USE INDUSTRY
TABLE 155 PERMANENT MAGNET MOTOR MARKET IN UAE, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 156 PERMANENT MAGNET MOTOR MARKET IN UAE FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 157 PERMANENT MAGNET MOTOR MARKET IN UAE FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.5.8.1 Rest of MEA
9.5.8.1.1 By type
TABLE 158 PERMANENT MAGNET MOTOR MARKET IN REST OF MEA, BY TYPE, 2019–2026 (USD MILLION)
9.5.8.1.2 By power rating
TABLE 159 PERMANENT MAGNET MOTOR MARKET IN REST OF MEA, BY POWER RATING, 2019–2026 (USD MILLION)
9.5.9 BY END-USE INDUSTRY
TABLE 160 PERMANENT MAGNET MOTOR MARKET IN REST OF MEA, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 161 PERMANENT MAGNET MOTOR MARKET IN REST OF MEA FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 162 PERMANENT MAGNET MOTOR MARKET IN REST OF MEA FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.6 SOUTH AMERICA
9.6.1 PRICE TREND ANALYSIS
9.6.2 BY TYPE
TABLE 163 PERMANENT MAGNET MOTOR MARKET IN SOUTH AMERICA, BY TYPE, 2019–2026 (USD MILLION)
9.6.3 BY POWER RATING
TABLE 164 PERMANENT MAGNET MOTOR MARKET IN SOUTH AMERICA, BY POWER RATING, 2019–2026 (USD MILLION)
9.6.4 BY END-USE INDUSTRY
TABLE 165 PERMANENT MAGNET MOTOR MARKET IN SOUTH AMERICA, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 166 PERMANENT MAGNET MOTOR MARKET IN SOUTH AMERICA FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 167 PERMANENT MAGNET MOTOR MARKET IN SOUTH AMERICA FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.6.5 BY COUNTRY
TABLE 168 PERMANENT MAGNET MOTOR MARKET IN SOUTH AMERICA, BY COUNTRY, 2019–2026 (USD MILLION)
9.6.6 BRAZIL
9.6.6.1 Growth of the automotive sector in Brazil fuel the demand for PM motors
9.6.6.1.1 By type
TABLE 169 PERMANENT MAGNET MOTOR MARKET IN BRAZIL, BY TYPE, 2019–2026 (USD MILLION)
9.6.6.1.2 By power rating
TABLE 170 PERMANENT MAGNET MOTOR MARKET IN BRAZIL, BY POWER RATING, 2019–2026 (USD MILLION)
9.6.7 BY END-USE INDUSTRY
TABLE 171 PERMANENT MAGNET MOTOR MARKET IN BRAZIL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 172 PERMANENT MAGNET MOTOR MARKET IN BRAZIL FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 173 PERMANENT MAGNET MOTOR MARKET IN BRAZIL FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.6.7.1 Argentina
9.6.7.1.1 Growing investments in the manufacturing of electronic equipment expected to fuel the market growth in Argentina
9.6.7.1.2 By type
TABLE 174 PERMANENT MAGNET MOTOR MARKET IN ARGNETINA, BY TYPE, 2019–2026 (USD MILLION)
9.6.7.1.3 By power rating
TABLE 175 PERMANENT MAGNET MOTOR MARKET IN ARGENTINA, BY POWER RATING, 2019–2026 (USD MILLION)
9.6.8 BY END-USE INDUSTRY
TABLE 176 PERMANENT MAGNET MOTOR MARKET IN ARGENTINA, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 177 PERMANENT MAGNET MOTOR MARKET IN ARGENTINA FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 178 PERMANENT MAGNET MOTOR MARKET IN ARGENTINA FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.6.8.1 Rest of South America
9.6.8.1.1 By type
TABLE 179 PERMANENT MAGNET MOTOR MARKET IN REST OF SOUTH AMERICA, BY TYPE, 2019–2026 (USD MILLION)
9.6.8.1.2 By power rating
TABLE 180 PERMANENT MAGNET MOTOR MARKET IN REST OF SOUTH AMERICA, BY POWER RATING, 2019–2026 (USD MILLION)
9.6.9 BY END-USE INDUSTRY
TABLE 181 PERMANENT MAGNET MOTOR MARKET IN REST OF SOUTH AMERICA, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 182 PERMANENT MAGNET MOTOR MARKET IN REST OF SOUTH AMERICA FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 183 PERMANENT MAGNET MOTOR MARKET IN REST OF SOUTH AMERICA FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
10 COMPETITIVE LANDSCAPE
10.1 KEY PLAYER STRATEGIES
TABLE 184 OVERVIEW OF TOP PLAYERS, JANUARY 2017– MARCH 2021
10.2 MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS
TABLE 185 PERMANENT MAGNET MOTOR MARKET: DEGREE OF COMPETITION
FIGURE 36 PERMANENT MAGNET MOTOR MARKET SHARE ANALYSIS, 2020
10.3 MARKET EVALUATION FRAMEWORK
TABLE 186 MARKET EVALUATION FRAMEWORK
10.4 REVENUE ANALYSIS OF TOP FIVE MARKET PLAYERS
FIGURE 37 TOP FIVE PLAYERS IN PERMANENT MAGNET MOTOR MARKET FROM
2015 TO 2019
10.5 COMPANY EVALUATION MATRIX
10.5.1 STAR
10.5.2 EMERGING LEADER
10.5.3 PARTICIPANT
FIGURE 38 COMPETITIVE LEADERSHIP MAPPING: PERMANENT MAGNET MOTOR MARKET, 2019
TABLE 187 COMPANY PRODUCT FOOTPRINT
TABLE 188 COMPANY ARCHITECTURE FOORPRINT
TABLE 189 COMPANY END-USE INDUSTRY FOOTPRINT
TABLE 190 COMPANY REGIONAL FOOTPRINT
10.6 COMPETITIVE SCENARIO
TABLE 191 PERMANENT MAGNET MOTOR MARKET: PRODUCT LAUNCHES, JANUARY 2017–JANUARY 2021
TABLE 192 PERMANENT MAGNET MOTOR MARKET: DEALS, J
ANUARY 2017–MARCH 2021
TABLE 193 PERMANENT MAGNET MOTOR MARKET: OTHER DEVELOPMENTS, JANUARY 2018–2019
11 COMPANY PROFILES
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
11.1 MAJOR PLAYERS
11.1.1 ABB
TABLE 194 ABB: COMPANY OVERVIEW
FIGURE 39 ABB: COMPANY SNAPSHOT
TABLE 195 ABB: PRODUCTS/SOLUTIONS OFFERED
TABLE 196 ABB: PRODUCT LAUNCHES, JANUARY 2018–MARCH 2021
TABLE 197 ABB: DEALS, JANUARY 2017–MARCH 2021
11.1.2 SIEMENS
TABLE 198 SIEMENS: COMPANY OVERVIEW
FIGURE 40 SIEMENS: COMPANY SNAPSHOT
TABLE 199 SIEMENS: PRODUCTS/SOLUTIONS OFFERED
TABLE 200 SIEMENS: DEALS, JANUARY 2017–MARCH 2021
11.1.3 ROCKWELL AUTOMATION
TABLE 201 ROCKWELL AUTOMATION: COMPANY OVERVIEW
FIGURE 41 ROCKWELL: COMPANY SNAPSHOT
TABLE 202 ROCKWELL AUTOMATION: PRODUCTS/SOLUTIONS OFFERED
TABLE 203 ROCKWELL AUTOMATION: DEALS, JANUARY 2018–MARCH 2021
11.1.4 NIDEC CORPORATION
TABLE 204 NIDEC CORPORATION: COMPANY OVERVIEW
FIGURE 42 NIDEC CORPORATION: COMPANY SNAPSHOT
TABLE 205 NIDEC: PRODUCTS/SOLUTIONS OFFERED
TABLE 206 NIDEC: DEALS, JANUARY 2017–MARCH 2021
11.1.5 JOHNSON ELECTRIC
TABLE 207 JOHNSON ELECTRIC: COMPANY OVERVIEW
FIGURE 43 JOHNSON ELECTRIC: COMPANY SNAPSHOT
TABLE 208 JOHNSON ELECTRIC: PRODUCTS/SOLUTIONS OFFERED
TABLE 209 JOHNSON ELECTRIC: DEALS, JANUARY 2017–MARCH 2021
11.1.6 WOLONG ELECTRIC
TABLE 210 WOLONG ELECTRIC: COMPANY OVERVIEW
TABLE 211 WOLONG ELECTRIC: PRODUCTS/SOLUTIONS OFFERED
TABLE 212 WOLONG ELECTRIC: DEALS, JANUARY 2018–MARCH 2021
11.1.7 WEG
TABLE 213 WEG: COMPANY OVERVIEW
FIGURE 44 WEG: COMPANY SNAPSHOT
TABLE 214 WEG: PRODUCTS/SOLUTIONS OFFERED
TABLE 215 WEG: DEALS, JANUARY 2017–MARCH 2021
11.1.8 ALLIED MOTION
TABLE 216 ALLIED MOTION: COMPANY OVERVIEW
FIGURE 45 ALLIED MOTION: COMPANY SNAPSHOT
TABLE 217 ALLIED MOTION: PRODUCTS/SOLUTIONS OFFERED
TABLE 218 ALLIED MOTION: DEALS, JANUARY 2020–MARCH 2021
11.1.9 AMETEK
TABLE 219 AMETEK: COMPANY OVERVIEW
FIGURE 46 AMETEK: COMPANY SNAPSHOT
TABLE 220 AMETEK: PRODUCTS/SOLUTIONS OFFERED
TABLE 221 AMETEK: DEALS, JANUARY 2019–MARCH 2021
11.1.10 TOSHIBA
TABLE 222 TOSHIBA: COMPANY OVERVIEW
FIGURE 47 TOSHIBA: COMPANY SNAPSHOT
TABLE 223 TOSHIBA: PRODUCTS/SOLUTIONS OFFERED
TABLE 224 TOSHIBA: DEALS, JANUARY 2017–MARCH 2021
11.1.11 REGAL BELOIT CORPORATION
TABLE 225 REGAL BELOIT: COMPANY OVERVIEW
FIGURE 48 REGAL BELOIT: COMPANY SNAPSHOT
TABLE 226 REGAL BELOIT: PRODUCTS/SOLUTIONS OFFERED
TABLE 227 REGAL BELOIT: DEALS, JANUARY 2018–MARCH 2021
11.1.12 YASKAWA
TABLE 228 YASKAWA: COMPANY OVERVIEW
FIGURE 49 YASKAWA: COMPANY SNAPSHOT
TABLE 229 YASKAWA: PRODUCTS/SOLUTIONS OFFERED
TABLE 230 YASKAWA: DEALS, JANUARY 2018–MARCH 2021
11.1.13 LIEBHERR
TABLE 231 LIEBHERR: COMPANY OVERVIEW
FIGURE 50 LIEBHERR: COMPANY SNAPSHOT
TABLE 232 LIEBHERR: PRODUCTS/SOLUTIONS OFFERED
TABLE 233 LIEBHERR: DEALS, JANUARY 2019–MARCH 2020
11.1.14 FAULHABER
TABLE 234 FAULHABER: COMPANY OVERVIEW
FIGURE 51 FAULHABER: COMPANY SNAPSHOT
TABLE 235 FAULHABER: PRODUCTS/SOLUTIONS OFFERED
TABLE 236 FAULHABER: DEALS, JANUARY 2018–MARCH 2021
11.1.15 TECO
TABLE 237 TECO: COMPANY OVERVIEW
FIGURE 52 TECO: COMPANY SNAPSHOT
TABLE 238 TECO: PRODUCTS/SOLUTIONS OFFERED
TABLE 239 TECO: DEALS, JANUARY 2017–MARCH 2021
11.2 OTHER KEY PLAYERS
11.2.1 DUMORE
11.2.2 KOLLMORGEN
11.2.3 ELECTROCRAFT
11.2.4 CARTERMOTOR COMPANY
11.2.5 MARK ELEKTRIKS
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.
12 APPENDIX
12.1 INSIGHTS OF INDUSTRY EXPERTS
12.2 DISCUSSION GUIDE
12.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
12.4 AVAILABLE CUSTOMIZATIONS
12.5 RELATED REPORTS
12.6 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 DEFINITION
1.3 INCLUSIONS & EXCLUSIONS
1.3.1 PERMANENT MAGNET MOTOR MARKET, BY TYPE: INCLUSIONS & EXCLUSIONS
1.3.2 PERMANENT MAGNET MOTOR MARKET, BY END-USE INDUSTRY: INCLUSIONS & EXCLUSIONS
1.4 MARKET SCOPE
1.4.1 MARKET SEGMENTATION
1.4.2 GEOGRAPHIC SCOPE
1.4.3 YEARS CONSIDERED FOR THE STUDY
1.5 CURRENCY
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 1 PERMANENT MAGNET MOTOR MARKET: RESEARCH DESIGN
2.2 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 2 DATA TRIANGULATION METHODOLOGY
2.2.1 SECONDARY DATA
2.2.1.1 Key data from secondary sources
2.2.2 PRIMARY DATA
2.2.2.1 Key data from primary sources
2.2.2.2 Breakdown of primaries
2.3 IMPACT OF COVID-19 ON INDUSTRY
2.4 SCOPE
FIGURE 3 MAIN METRICS CONSIDERED WHILE ANALYZING AND ASSESSING DEMAND FOR PERMANENT MAGNET MOTORS
2.5 MARKET SIZE ESTIMATION
2.5.1 BOTTOM-UP APPROACH
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.5.2 TOP-DOWN APPROACH
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.5.3 DEMAND-SIDE ANALYSIS
2.5.3.1 Regional analysis
2.5.3.2 Country analysis
2.5.3.3 Assumptions for demand side
2.5.3.4 Calculation for demand side
2.5.4 SUPPLY-SIDE ANALYSIS
FIGURE 6 KEY STEPS CONSIDERED FOR ASSESSING SUPPLY OF PERMANENT MAGNET MOTOR
FIGURE 7 PERMANENT MAGNET MOTOR MARKET: SUPPLY-SIDE ANALYSIS
2.5.4.1 Supply-side calculation
2.5.4.2 Assumptions for supply-side
2.5.5 FORECAST
3 EXECUTIVE SUMMARY
TABLE 1 PERMANENT MAGNET MOTOR MARKET SNAPSHOT
FIGURE 8 ASIA PACIFIC LED THE MARKET FOR PERMANENT MAGNET MOTOR IN 2020
FIGURE 9 PMAC SEGMENT EXPECTED TO DOMINATE PERMANENT MAGNET MOTOR MARKET DURING FORECAST PERIOD
FIGURE 10 UPTO 25 KW SEGMENT EXPECTED TO GROW AT THE HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 11 INDUSTRIAL SEGMENT EXPECTED TO LEAD PERMANENT MAGNET MOTOR MARKET DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN PERMANENT MAGNET MOTOR MARKET
FIGURE 12 INCREASING INVESTMENTS IN ELECTRONIC APPLIANCES AND ELECTRIC VEHICLES EXPECTED TO DRIVE THE MARKET DURING THE FORECAST PERIOD
4.2 PERMANENT MAGNET MOTOR MARKET, BY REGION
FIGURE 13 PERMANENT MAGNET MOTOR MARKET IN ASIA PACIFIC PROJECTED TO GROW AT HIGHEST CAGR FROM 2021 TO 2026
4.3 PERMANENT MAGNET MOTOR MARKET IN ASIA PACIFIC, BY END-USE INDUSTRY & COUNTRY
FIGURE 14 THE ELECTRONICS INDUSTRY AND CHINA HELD THE LARGEST SHARE OF THE PERMANENT MAGNET MOTOR MARKET IN ASIA PACIFIC IN 2020
4.4 PERMANENT MAGNET MOTOR MARKET, BY TYPE
FIGURE 15 PMAC MOTOR SEGMENT EXPECTED TO ACCOUNT FOR THE LARGEST SHARE OF PERMANENT MAGNET MOTOR MARKET BY 2026
4.5 PERMANENT MAGNET MOTOR MARKET, BY POWER RATING
FIGURE 16 UPTO 25KW SEGMENT EXPECTED TO ACCOUNT FOR THE LARGEST SHARE OF MARKET BY 2026
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 COVID-19 HEALTH ASSESSMENT
FIGURE 17 COVID-19 GLOBAL PROPAGATION
FIGURE 18 COVID-19 PROPAGATION ACROSS COUNTRIES
5.3 ROAD TO RECOVERY
FIGURE 19 RECOVERY ROAD FOR 2020 AND 2021
5.4 COVID-19 ECONOMIC ASSESSMENT
FIGURE 20 REVISED GDP FORECASTS FOR SELECT G20 COUNTRIES IN 2020
5.5 MARKET DYNAMICS
FIGURE 21 PERMANENT MAGNET MOTOR MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.5.1 DRIVERS
5.5.1.1 Increasing demand for energy-efficient and low-cost maintenance motors across different industries
5.5.1.2 Increasing use of permanent magnet motors in electric vehicles
FIGURE 22 WORLDWIDE EV SALES, MILLION UNITS, 2017–2020
5.5.1.3 Rising demand for sustainable solutions in the HVAC industry
5.5.2 RESTRAINTS
5.5.2.1 High cost of permanent magnet motors
5.5.2.2 Increased prices of raw materials used in manufacturing
5.5.3 OPPORTUNITIES
5.5.3.1 Adoption of cost-effective ferrite permanent magnets
5.5.3.2 Emergence of robotics technology
5.5.3.3 Increasing use of IoT and 5G technologies across industries
5.5.4 CHALLENGES
5.5.4.1 Easy availability of low-quality and inexpensive electric motors
5.5.4.2 Shortage of components and parts due to COVID-19
TABLE 2 REGION/COUNTRY-WISE PERCENTAGE DEVIATION FROM BENCHMARKS DUE TO COVID-19 (GDP-2020)
5.6 TRENDS
5.6.1 REVENUE SHIFT & NEW REVENUE POCKETS FOR ELECTRIC VEHICLE MANUFACTURERS
FIGURE 23 REVENUE SHIFT FOR PERMANENT MAGNET MOTORS
5.7 PRICING ANALYSIS
TABLE 3 PRICING ANALYSIS OF PERMANENT MAGNET MOTORS
5.8 MARKET MAP
FIGURE 24 MARKET MAP FOR PM MOTOR
TABLE 4 PERMANENT MAGNET MOTOR: SUPPLY CHAIN/ECOSYSTEM
5.9 VALUE CHAIN ANALYSIS
FIGURE 25 PERMANENT MAGNET MOTOR VALUE CHAIN ANALYSIS
5.9.1 RAW MATERIAL PROVIDERS/SUPPLIERS
5.9.2 OEM MANUFACTURERS
5.9.3 PERMANENT MAGNET MOTOR MANUFACTURERS/ASSEMBLERS
5.9.4 DISTRIBUTORS (BUYERS)/END USERS AND POST-SALES SERVICES
5.10 TECHNOLOGY ANALYSIS
5.10.1 PM MOTOR BASED ON DIFFERENT TECHNOLOGIES
TABLE 5 COMPARISON OF DIFFERENT COMMERCIALLY AVAILABLE MOTOR TECHNOLOGIES
5.11 PERMANENT MAGNET MOTOR: CODES AND REGULATIONS
TABLE 6 PERMANENT MAGNET MOTOR: CODES AND REGULATIONS
5.12 INNOVATIONS AND PATENT REGISTRATIONS
TABLE 7 PERMANENT MAGNET MOTOR: INNOVATIONS AND PATENT REGISTRATIONS
5.13 PORTER’S FIVE FORCES ANALYSIS
FIGURE 26 PORTER’S FIVE FORCES ANALYSIS FOR PM MOTOR MARKET
TABLE 8 PERMANENT MAGNET MOTOR: PORTER’S FIVE FORCES ANALYSIS
5.13.1 THREAT OF SUBSTITUTES
5.13.2 BARGAINING POWER OF SUPPLIERS
5.13.3 BARGAINING POWER OF BUYERS
5.13.4 THREAT OF NEW ENTRANTS
5.13.5 INTENSITY OF COMPETITIVE RIVALRY
5.14 CASE STUDY ANALYSIS
5.14.1 ABB’S PERMANENT MAGNET MOTOR SOLUTION FOR PAPER MILLS AND TESLA SWITCHING TO PERMANENT MAGNET MOTOR FOR ITS ELECTRIC VEHICLES
TABLE 9 PERMANENT MAGNET MOTOR: CASE STUDY ANALYSIS
6 PERMANENT MAGNET MOTOR MARKET, BY TYPE
6.1 INTRODUCTION
FIGURE 27 PERMANENT MAGNET MOTOR MARKET SHARE, BY TYPE, 2020 (%)
TABLE 10 PERMANENT MAGNET MOTOR MARKET, BY TYPE, 2019–2026 (USD MILLION)
6.2 PERMANENT MAGNET AC MOTOR
6.2.1 PERMANENT MAGNET AC MOTOR OFFER HIGH TORQUE CAPACITY AND WITHSTAND HIGH OVERLOAD CAPACITY
TABLE 11 PERMANENT MAGNET AC MOTOR MARKET, BY REGION, 2019–2026 (USD MILLION)
6.3 PERMANENT MAGNET DC MOTOR
6.3.1 PERMANENT MAGNET DC MOTOR ARE AVAILABLE IN SMALL SIZES FOR USE IN ELECTRONIC APPLIANCES
TABLE 12 PERMANENT MAGNET DC MOTOR MARKET, BY REGION, 2019–2026 (USD MILLION)-
6.4 BRUSHLESS DC MOTOR
6.4.1 PERMANENT MAGNET BRUSHLESS DC MOTOR ARE WITNESSING CONSIDERABLE GROWTH DUE TO INCREASING USAGE IN ELECTRIC VEHICLES
TABLE 13 BRUSHLESS DC MOTOR MARKET, BY REGION, 2019–2026 (USD MILLION)
7 PERMANENT MAGNET MOTOR MARKET, BY END-USE INDUSTRY
7.1 INTRODUCTION
FIGURE 28 PERMANENT MAGNET MOTOR MARKET SHARE, BY END-USE INDUSTRY, 2020
TABLE 14 PERMANENT MAGNET MOTOR MARKET, BY END-USE INDUSTRY, 2020–2026 (USD MILLION)
7.2 INDUSTRIAL
7.2.1 INDUSTRIAL SEGMENT IS DRIVEN BY RAPIDLY EXPANDING MANUFACTURING ACTIVITIES IN APAC REGION
TABLE 15 PERMANENT MAGNET MOTOR MARKET FOR INDUSTRIAL, BY TYPE, 2019–2026 (USD MILLION)
TABLE 16 PERMANENT MAGNET MOTOR MARKET FOR INDUSTRIAL, BY REGION, 2019–2026 (USD MILLION)
7.2.2 AUTOMOTIVE
7.2.2.1 Automotive segment accounted for major share in Permanent Magnet Motor market due to increasing usage in EV
TABLE 17 PERMANENT MAGNET MOTOR MARKET FOR AUTOMOTIVE, BY REGION, 2019–2026 (USD MILLION)
7.2.3 PULP & PAPER
7.2.3.1 Permanent magnet motors are witnessing considerable growth from the pulp & paper segment in APAC
TABLE 18 PERMANENT MAGNET MOTOR MARKET FOR PULP & PAPER, BY REGION, 2019–2026 (USD MILLION)
7.2.4 ELECTRONICS
7.2.4.1 The use of permanent magnet motors in electronic appliances boosts electrical efficiency far more than the traditional motors
TABLE 19 PERMANENT MAGNET MOTOR MARKET FOR ELECTRONICS, BY REGION, 2019–2026 (USD MILLION)
7.2.5 CHEMICAL & PETROCHEMICALS
7.2.5.1 Increasing upstream activities across APAC and North America will boost the sales of PM motors in these regions
TABLE 20 PERMANENT MAGNET MOTOR MARKET FOR CHEMICALS & PETROCHEMICALS, BY REGION, 2019–2026 (USD MILLION)
7.2.6 OTHERS
TABLE 21 PERMANENT MAGNET MOTOR MARKET FOR OTHER INDUSTRIES, BY REGION, 2019–2026 (USD MILLION)
7.3 COMMERCIAL AND RESIDENTIAL
TABLE 22 PERMANENT MAGNET MOTOR MARKET FOR COMMERCIAL AND RESIDENTIAL, BY TYPE, 2019–2026 (USD MILLION)
TABLE 23 PERMANENT MAGNET MOTOR MARKET FOR COMMERCIAL, BY TYPE, BY REGION, 2019–2026 (USD MILLION)
7.3.1 COMMERCIAL
7.3.1.1 Commercial segment generates major share due to use of permanent magnet motor in large buildings and various energy-intensive operations
TABLE 24 PERMANENT MAGNET MOTOR MARKET FOR COMMERCIAL, BY TYPE, 2019–2026 (USD MILLION)
TABLE 25 PERMANENT MAGNET MOTOR MARKET FOR COMMERCIAL, BY REGION, 2019–2026 (USD MILLION)
7.3.1.2 Malls
7.3.1.2.1 Rising number of supermarkets across the globe will increase the usage of permanent magnet motor
TABLE 26 PERMANENT MAGNET MOTOR MARKET FOR MALLS, BY REGION, 2019–2026 (USD MILLION)
7.3.1.3 Offices
7.3.1.3.1 Growth in IT & telecom sector across the globe will boost the sales of permanent magnet motors
TABLE 27 PERMANENT MAGNET MOTOR MARKET FOR OFFICES, BY REGION, 2019–2026 (USD MILLION)
7.3.1.4 Healthcare
7.3.1.4.1 Due to high reliability and compact size, usage of permanent magnet motor will increase in medical devices
TABLE 28 PERMANENT MAGNET MOTOR MARKET FOR HEALTHCARE, BY REGION, 2019–2026 (USD MILLION)
7.3.1.5 Others
TABLE 29 PERMANENT MAGNET MOTOR MARKET FOR OTHER COMMERCIAL INDUSTRIES, BY REGION, 2019–2026 (USD MILLION)
7.3.2 RESIDENTIAL
7.3.2.1 Rapid urbanization and growing population across the globe will increase the usage of permanent magnet motor
TABLE 30 PERMANENT MAGNET MOTOR MARKET FOR RESIDENTIAL, BY REGION, 2019–2026 (USD MILLION)
7.4 OTHERS
TABLE 31 PERMANENT MAGNET MOTOR MARKET FOR OTHER END-USE INDUSTRIES, BY REGION, 2019–2026 (USD MILLION)
8 PERMANENT MAGNET MOTOR MARKET, BY POWER RATING
8.1 INTRODUCTION
FIGURE 29 PERMANENT MAGNET MOTOR MARKET, BY POWER RATING, 2020 (%)
TABLE 32 PERMANENT MAGNET MOTOR MARKET SIZE, BY POWER RATING, 2019–2026 (USD)
8.2 UPTO 25 KW
8.2.1 INCREASING USE OF PERMANENT MAGNET MOTOR UPTO 25 KW ACROSS ELECTRONICS AND INDUSTRIAL SEGMENT
TABLE 33 UPTO 25 KW PERMANENT MAGNET MOTOR MARKET, BY REGION, 2019–2026 (USD MILLION)
8.3 25–100 KW
8.3.1 RISING APPLICATION OF PERMANENT MAGNET MOTOR UPTO 25–100 KW ACROSS PRINTING & PACKAGING INDUSTRY
TABLE 34 25–100 KW PERMANENT MAGNET MOTOR MARKET, BY REGION, 2019–2026 (USD MILLION)
8.4 100–300 KW
8.4.1 INCREASING DEMAND FOR PERMANENT MAGNET MOTOR UPTO 100–300 KW ACROSS AEROSPACE AND RAILWAYS
TABLE 35 100–300 KW PERMANENT MAGNET MOTOR MARKET, BY REGION, 2019–2026 (USD)
8.5 300 KW AND ABOVE
8.5.1 INCREASING APPLICATION OF PERMANENT MAGNET MOTOR 300 KW & ABOVE DUE TO ITS ADVANTAGE OVER CONVENTIONAL PROPULSION
TABLE 36 300 KW & ABOVE PERMANENT MAGNET MOTOR MARKET, BY REGION, 2019–2026 (USD)
9 GEOGRAPHICAL ANALYSIS
9.1 INTRODUCTION
FIGURE 30 PERMANENT MAGNET MOTOR MARKET IN ASIA PACIFIC TO GROW AT THE HIGHEST CAGR FROM 2021 TO 2026
FIGURE 31 PERMANENT MAGNET MOTOR MARKET SHARE, BY REGION, 2020 (%)
TABLE 37 PERMANENT MAGNET MOTOR MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
TABLE 38 PERMANENT MAGNET MOTOR MARKET SIZE, BY REGION, 2019–2026 (VOLUME IN MILLION UNITS)
9.2 ASIA PACIFIC
FIGURE 32 ASIA PACIFIC PM MOTOR MARKET SNAPSHOT
9.2.1 PRICE TREND ANALYSIS
FIGURE 33 ASIA PACIFIC PRICE TREND ANALYSIS (2018-2020)
9.2.2 BY TYPE
TABLE 39 PERMANENT MAGNET MOTOR MARKET IN ASIA PACIFIC, BY TYPE, 2019–2026 (USD MILLION)
9.2.3 BY POWER RATING
TABLE 40 PERMANENT MAGNET MOTOR MARKET IN ASIA PACIFIC, BY POWER RATING, 2019–2026 (USD MILLION)
9.2.4 BY END-USE INDUSTRY
TABLE 41 PERMANENT MAGNET MOTOR MARKET IN ASIA PACIFIC, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 42 PERMANENT MAGNET MOTOR MARKET IN ASIA PACIFIC FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 43 PERMANENT MAGNET MOTOR MARKET IN ASIA PACIFIC FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.2.5 BY COUNTRY
TABLE 44 PERMANENT MAGNET MOTOR MARKET IN ASIA PACIFIC, BY COUNTRY, 2019–2026 (USD MILLION)
9.2.5.1 China
9.2.5.1.1 Increasing manufacturing activities to contribute to the growth of PM motor market in China
9.2.5.1.2 By type
TABLE 45 PERMANENT MAGNET MOTOR MARKET IN CHINA, BY TYPE, 2019–2026 (USD MILLION)
9.2.5.1.3 By power rating
TABLE 46 PERMANENT MAGNET MOTOR MARKET IN CHINA, BY POWER RATING, 2019–2026 (USD MILLION)
9.2.6 BY END-USE INDUSTRY
TABLE 47 PERMANENT MAGNET MOTOR MARKET IN CHINA, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 48 PERMANENT MAGNET MOTOR MARKET IN CHINA FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 49 PERMANENT MAGNET MOTOR MARKET IN CHINA FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.2.6.1 Japan
9.2.6.1.1 Growing focus on technologically advanced industrial equipment and manufacturing process drive demand for PM motors in Japan
9.2.6.1.2 By type
TABLE 50 PERMANENT MAGNET MOTOR MARKET IN JAPAN, BY TYPE, 2019–2026 (USD MILLION)
9.2.6.1.3 By power rating
TABLE 51 PERMANENT MAGNET MOTOR MARKET IN JAPAN, BY POWER RATING, 2019–2026 (USD MILLION)
9.2.7 BY END-USE INDUSTRY
TABLE 52 PERMANENT MAGNET MOTOR MARKET IN JAPAN, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 53 PERMANENT MAGNET MOTOR MARKET IN JAPAN FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION))
TABLE 54 PERMANENT MAGNET MOTOR MARKET IN JAPAN FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.2.7.1 India
9.2.7.1.1 Ongoing Industrialization expected to drive the demand for PM motors in India
9.2.7.1.2 By type
TABLE 55 PERMANENT MAGNET MOTOR MARKET IN INDIA, BY TYPE, 2019–2026 (USD MILLION)
9.2.7.1.3 By power rating
TABLE 56 PERMANENT MAGNET MOTOR MARKET IN INDIA, BY POWER RATING, 2019–2026 (USD MILLION)
9.2.8 BY END-USE INDUSTRY
TABLE 57 PERMANENT MAGNET MOTOR MARKET IN INDIA, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 58 PERMANENT MAGNET MOTOR MARKET IN INDIA FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 59 PERMANENT MAGNET MOTOR MARKET IN INDIA FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.2.8.1 South Korea
9.2.8.1.1 Rise in manufacturing of electronics and automobiles is expected to drive the market in the country
9.2.8.1.2 By type
TABLE 60 PERMANENT MAGNET MOTOR MARKET IN SOUTH KOREA, BY TYPE, 2019–2026 (USD MILLION)
9.2.8.1.3 By power rating
TABLE 61 PERMANENT MAGNET MOTOR MARKET IN SOUTH KOREA, BY POWER RATING, 2019–2026 (USD MILLION)
9.2.9 BY END-USE INDUSTRY
TABLE 62 PERMANENT MAGNET MOTOR MARKET IN SOUTH KOREA, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 63 PERMANENT MAGNET MOTOR MARKET IN SOUTH KOREA FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 64 PERMANENT MAGNET MOTOR MARKET IN SOUTH KOREA FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.2.9.1 Australia
9.2.9.1.1 Increasing demand for consumer electronics fueling the growth of PM motors in Australia
9.2.9.1.2 By type
TABLE 65 PERMANENT MAGNET MOTOR MARKET IN AUSTRALIA, BY TYPE, 2019–2026 (USD MILLION)
9.2.9.1.3 By power rating
TABLE 66 PERMANENT MAGNET MOTOR MARKET IN AUSTRALIA, BY POWER RATING, 2019–2026 (USD MILLION)
9.2.10 BY END-USE INDUSTRY
TABLE 67 PERMANENT MAGNET MOTOR MARKET IN AUSTRALIA, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 68 PERMANENT MAGNET MOTOR MARKET IN AUSTRALIA FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 69 PERMANENT MAGNET MOTOR MARKET IN AUSTRALIA FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.2.10.1 Rest of Asia Pacific
9.2.10.1.1 By type
TABLE 70 PERMANENT MAGNET MOTOR MARKET IN REST OF ASIA PACIFIC, BY TYPE, 2019–2026 (USD MILLION)
9.2.10.1.2 By power rating
TABLE 71 PERMANENT MAGNET MOTOR MARKET IN REST OF ASIA PACIFIC, BY POWER RATING, 2019–2026 (USD MILLION)
9.2.11 BY END-USE INDUSTRY
TABLE 72 PERMANENT MAGNET MOTOR MARKET IN REST OF ASIA PACIFIC, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 73 PERMANENT MAGNET MOTOR MARKET IN REST OF ASIA-PACIFIC FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 74 PERMANENT MAGNET MOTOR MARKET IN REST OF ASIA PACIFIC FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.3 NORTH AMERICA
FIGURE 34 NORTH AMERICA: PM MOTOR MARKET SNAPSHOT
9.3.1 PRICE TREND ANALYSIS
FIGURE 35 PRICE TREND ANALYSIS (2018-2020)
9.3.2 BY TYPE
TABLE 75 PERMANENT MAGNET MOTOR MARKET IN NORTH AMERICA, BY TYPE, 2019–2026 (USD MILLION)
9.3.3 BY POWER RATING
TABLE 76 PERMANENT MAGNET MOTOR MARKET IN NORTH AMERICA, BY POWER RATING, 2019–2026 (USD MILLION)
9.3.4 BY END-USE INDUSTRY
TABLE 77 PERMANENT MAGNET MOTOR MARKET IN NORTH AMERICA, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 78 PERMANENT MAGNET MOTOR MARKET IN NORTH AMERICA FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 79 PERMANENT MAGNET MOTOR MARKET IN NORTH AMERICA FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.3.5 BY COUNTRY
TABLE 80 PERMANENT MAGNET MOTOR MARKET IN NORTH AMERICA, BY COUNTRY, 2019–2026 (USD MILLION)
9.3.5.1 US
9.3.5.1.1 New reforms related to energy efficiency will fuel the growth of the permanent magnet motor market
9.3.5.1.2 By type
TABLE 81 PERMANENT MAGNET MOTOR MARKET IN US, BY TYPE, 2019–2026 (USD MILLION)
9.3.5.1.3 By power rating
TABLE 82 PERMANENT MAGNET MOTOR MARKET IN US, BY POWER RATING, 2019–2026 (USD MILLION)
9.3.6 BY END-USE INDUSTRY
TABLE 83 PERMANENT MAGNET MOTOR MARKET IN US, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 84 PERMANENT MAGNET MOTOR MARKET IN US FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 85 PERMANENT MAGNET MOTOR MARKET IN US FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.3.6.1 Mexico
9.3.6.1.1 Mexico’s manufacturing capabilities at low-cost is providing opportunity for PM motor manufacturers
9.3.6.1.2 By Type
TABLE 86 PERMANENT MAGNET MOTOR MARKET IN MEXICO, BY TYPE, 2019–2026 (USD MILLION)
9.3.6.1.3 By power rating
TABLE 87 PERMANENT MAGNET MOTOR MARKET IN MEXICO, BY POWER RATING, 2019–2026 (USD MILLION)
9.3.7 BY END-USE INDUSTRY
TABLE 88 PERMANENT MAGNET MOTOR MARKET IN MEXICO, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 89 PERMANENT MAGNET MOTOR MARKET IN MEXICO FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 90 PERMANENT MAGNET MOTOR MARKET IN MEXICO FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.3.7.1 Canada
9.3.7.1.1 Heavy investments in end-use industries will boost the demand for permanent magnet motors
9.3.7.1.2 By type
TABLE 91 PERMANENT MAGNET MOTOR MARKET IN CANADA, BY TYPE, 2019–2026 (USD MILLION)
9.3.7.1.3 By power rating
TABLE 92 PERMANENT MAGNET MOTOR MARKET IN CANADA, BY POWER RATING, 2019–2026 (USD MILLION)
9.3.8 BY END-USE INDUSTRY
TABLE 93 PERMANENT MAGNET MOTOR MARKET IN CANADA, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 94 PERMANENT MAGNET MOTOR MARKET IN CANADA FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 95 PERMANENT MAGNET MOTOR MARKET IN CANADA FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.3.8.1 Rest of North America
9.3.8.1.1 Cuba is a potential market in the Rest of North America
9.3.8.1.2 By type
TABLE 96 PERMANENT MAGNET MOTOR MARKET IN REST OF NORTH AMERICA, BY TYPE, 2019–2026 (USD MILLION)
9.3.8.1.3 By power rating
TABLE 97 PERMANENT MAGNET MOTOR MARKET IN REST OF NORTH AMERICA, BY POWER RATING, 2019–2026 (USD MILLION)
9.3.9 BY END-USE INDUSTRY
TABLE 98 PERMANENT MAGNET MOTOR MARKET IN REST OF NORTH AMERICA, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 99 PERMANENT MAGNET MOTOR MARKET IN REST OF NORTH AMERICA FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 100 PERMANENT MAGNET MOTOR MARKET IN REST OF NORTH AMERICA FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.4 EUROPE
9.4.1 PRICE TREND ANALYSIS
9.4.2 BY TYPE
TABLE 101 PERMANENT MAGNET MOTOR MARKET IN EUROPE, BY TYPE, 2019–2026 (USD MILLION)
9.4.3 BY POWER RATING
TABLE 102 PERMANENT MAGNET MOTOR MARKET IN EUROPE, BY POWER RATING, 2019–2026 (USD MILLION)
9.4.4 BY END-USE INDUSTRY
TABLE 103 PERMANENT MAGNET MOTOR MARKET IN EUROPE, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 104 PERMANENT MAGNET MOTOR MARKET IN EUROPE FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 105 PERMANENT MAGNET MOTOR MARKET IN EUROPE FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.4.5 BY COUNTRY
TABLE 106 PERMANENT MAGNET MOTOR MARKET IN EUROPE, BY COUNTRY, 2019–2026 (USD MILLION)
9.4.5.1 Germany
9.4.5.1.1 Increasing investment in medical equipment and automotive sectors to fuel demand for PM motors in the country
9.4.5.1.2 By type
TABLE 107 PERMANENT MAGNET MOTOR MARKET IN GERMANY, BY TYPE, 2019–2026 (USD MILLION)
9.4.5.1.3 By power rating
TABLE 108 PERMANENT MAGNET MOTOR MARKET IN GERMANY, BY POWER RATING, 2019–2026 (USD MILLION)
9.4.6 BY END-USE INDUSTRY
TABLE 109 PERMANENT MAGNET MOTOR MARKET IN GERMANY, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 110 PERMANENT MAGNET MOTOR MARKET IN GERMANY FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 111 PERMANENT MAGNET MOTOR MARKET IN GERMANY FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.4.6.1 Russia
9.4.6.1.1 Increasing investment in the manufacturing sector expected to increase the demand for PM motors in the country
9.4.6.1.2 By type
TABLE 112 PERMANENT MAGNET MOTOR MARKET IN RUSSIA, BY TYPE, 2019–2026 (USD MILLION)
9.4.6.1.3 By power rating
TABLE 113 PERMANENT MAGNET MOTOR MARKET IN RUSSIA, BY POWER RATING, 2019–2026 (USD MILLION)
9.4.7 BY END-USE INDUSTRY
TABLE 114 PERMANENT MAGNET MOTOR MARKET IN RUSSIA, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 115 PERMANENT MAGNET MOTOR MARKET IN RUSSIA FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 116 PERMANENT MAGNET MOTOR MARKET IN RUSSIA FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.4.7.1 Italy
9.4.7.1.1 Increased applications of PM motors across industries drive their demand
9.4.7.1.2 By type
TABLE 117 PERMANENT MAGNET MOTOR MARKET IN ITALY, BY TYPE, 2019–2026 (USD MILLION)
9.4.7.1.3 By power rating
TABLE 118 PERMANENT MAGNET MOTOR MARKET IN ITALY, BY POWER RATING, 2019–2026 (USD MILLION)
9.4.8 BY END-USE INDUSTRY
TABLE 119 PERMANENT MAGNET MOTOR MARKET IN ITALY, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 120 PERMANENT MAGNET MOTOR MARKET IN ITALY FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 121 PERMANENT MAGNET MOTOR MARKET IN ITALY FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.4.8.1 France
9.4.8.1.1 Growth of the automotive industry is expected to boost the sales of brushless DC motors
9.4.8.1.2 By type
TABLE 122 PERMANENT MAGNET MOTOR MARKET IN FRANCE, BY TYPE, 2019–2026 (USD MILLION)
9.4.8.1.3 By power rating
TABLE 123 PERMANENT MAGNET MOTOR MARKET IN FRANCE, BY POWER RATING, 2019–2026 (USD MILLION)
9.4.9 BY END-USE INDUSTRY
TABLE 124 PERMANENT MAGNET MOTOR MARKET IN FRANCE, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 125 PERMANENT MAGNET MOTOR MARKET IN FRANCE FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 126 PERMANENT MAGNET MOTOR MARKET IN FRANCE FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.4.9.1 UK
9.4.9.1.1 By type
TABLE 127 PERMANENT MAGNET MOTOR MARKET IN UK, BY TYPE, 2019–2026 (USD MILLION)
9.4.9.1.2 By power rating
TABLE 128 PERMANENT MAGNET MOTOR MARKET IN UK, BY POWER RATING, 2019–2026 (USD MILLION)
9.4.10 BY END-USE INDUSTRY
TABLE 129 PERMANENT MAGNET MOTOR MARKET IN UK, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 130 PERMANENT MAGNET MOTOR MARKET IN UK FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 131 PERMANENT MAGNET MOTOR MARKET IN UK FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.4.10.1 Rest of Europe
9.4.10.1.1 By type
TABLE 132 PERMANENT MAGNET MOTOR MARKET IN REST OF EUROPE, BY TYPE, 2019–2026 (USD MILLION)
9.4.10.1.2 By power rating
TABLE 133 PERMANENT MAGNET MOTOR MARKET IN REST OF EUROPE, BY POWER RATING, 2019–2026 (USD MILLION)
9.4.11 BY END-USE INDUSTRY
TABLE 134 PERMANENT MAGNET MOTOR MARKET IN REST OF EUROPE, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 135 PERMANENT MAGNET MOTOR MARKET IN REST OF EUROPE FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 136 PERMANENT MAGNET MOTOR MARKET IN REST OF EUROPE FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.5 MIDDLE EAST & AFRICA
9.5.1 PRICE TREND ANALYSIS
9.5.2 BY TYPE
TABLE 137 PERMANENT MAGNET MOTOR MARKET IN MIDDLE EAST & AFRICA, BY TYPE, 2019–2026 (USD MILLION)
9.5.3 BY POWER RATING
TABLE 138 PERMANENT MAGNET MOTOR MARKET IN MIDDLE EAST & AFRICA, BY POWER RATING, 2019–2026 (USD MILLION)
9.5.4 BY END-USE INDUSTRY
TABLE 139 PERMANENT MAGNET MOTOR MARKET IN MIDDLE EAST, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 140 PERMANENT MAGNET MOTOR MARKET IN MIDDLE EAST & AFRICA FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 141 PERMANENT MAGNET MOTOR MARKET IN MIDDLE EAST & AFRICA FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.5.5 BY COUNTRY
TABLE 142 PERMANENT MAGNET MOTOR MARKET IN MIDDLE EAST & AFRICA, BY COUNTRY, 2019–2026 (USD MILLION)
9.5.5.1 Saudi Arabia
9.5.5.1.1 Increasing investment in the oil& gas and automotive sectors is expected to drive the demand for PM motors
9.5.5.1.2 By type
TABLE 143 PERMANENT MAGNET MOTOR MARKET IN SAUDI ARABIA, BY TYPE, 2019–2026 (USD MILLION)
9.5.5.1.3 By power rating
TABLE 144 PERMANENT MAGNET MOTOR MARKET IN SAUDI ARABIA, BY POWER RATING, 2019–2026 (USD MILLION)
9.5.6 BY END-USE INDUSTRY
TABLE 145 PERMANENT MAGNET MOTOR MARKET IN SAUDI ARABIA, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 146 PERMANENT MAGNET MOTOR MARKET IN SAUDI ARABIA FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 147 PERMANENT MAGNET MOTOR MARKET IN SAUDI ARABIA FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.5.6.1 South Africa
9.5.6.1.1 Increasing investment in the industrial manufacturing sector is projected to boost the market
9.5.6.1.2 By type
TABLE 148 PERMANENT MAGNET MOTOR MARKET IN SOUTH AFRICA, BY TYPE, 2019–2026 (USD MILLION)
9.5.6.1.3 By power rating
TABLE 149 PERMANENT MAGNET MOTOR MARKET IN SOUTH AFRICA, BY POWER RATING, 2019–2026 (USD MILLION)
9.5.7 BY END-USE INDUSTRY
TABLE 150 PERMANENT MAGNET MOTOR MARKET IN SOUTH AFRICA, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 151 PERMANENT MAGNET MOTOR MARKET IN SOUTH AFRICA FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 152 PERMANENT MAGNET MOTOR MARKET IN REST OF SOUTH AFRICA FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.5.7.1 UAE
9.5.7.1.1 New investments by the UAE government in the oil & gas sector is expected to boost the demand for PM motors
9.5.7.1.2 By type
TABLE 153 PERMANENT MAGNET MOTOR MARKET IN UAE, BY TYPE, 2019–2026 (USD MILLION)
9.5.7.1.3 By power rating
TABLE 154 PERMANENT MAGNET MOTOR MARKET IN UAE, BY POWER RATING, 2019–2026 (USD MILLION)
9.5.8 BY END-USE INDUSTRY
TABLE 155 PERMANENT MAGNET MOTOR MARKET IN UAE, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 156 PERMANENT MAGNET MOTOR MARKET IN UAE FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 157 PERMANENT MAGNET MOTOR MARKET IN UAE FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.5.8.1 Rest of MEA
9.5.8.1.1 By type
TABLE 158 PERMANENT MAGNET MOTOR MARKET IN REST OF MEA, BY TYPE, 2019–2026 (USD MILLION)
9.5.8.1.2 By power rating
TABLE 159 PERMANENT MAGNET MOTOR MARKET IN REST OF MEA, BY POWER RATING, 2019–2026 (USD MILLION)
9.5.9 BY END-USE INDUSTRY
TABLE 160 PERMANENT MAGNET MOTOR MARKET IN REST OF MEA, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 161 PERMANENT MAGNET MOTOR MARKET IN REST OF MEA FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 162 PERMANENT MAGNET MOTOR MARKET IN REST OF MEA FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.6 SOUTH AMERICA
9.6.1 PRICE TREND ANALYSIS
9.6.2 BY TYPE
TABLE 163 PERMANENT MAGNET MOTOR MARKET IN SOUTH AMERICA, BY TYPE, 2019–2026 (USD MILLION)
9.6.3 BY POWER RATING
TABLE 164 PERMANENT MAGNET MOTOR MARKET IN SOUTH AMERICA, BY POWER RATING, 2019–2026 (USD MILLION)
9.6.4 BY END-USE INDUSTRY
TABLE 165 PERMANENT MAGNET MOTOR MARKET IN SOUTH AMERICA, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 166 PERMANENT MAGNET MOTOR MARKET IN SOUTH AMERICA FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 167 PERMANENT MAGNET MOTOR MARKET IN SOUTH AMERICA FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.6.5 BY COUNTRY
TABLE 168 PERMANENT MAGNET MOTOR MARKET IN SOUTH AMERICA, BY COUNTRY, 2019–2026 (USD MILLION)
9.6.6 BRAZIL
9.6.6.1 Growth of the automotive sector in Brazil fuel the demand for PM motors
9.6.6.1.1 By type
TABLE 169 PERMANENT MAGNET MOTOR MARKET IN BRAZIL, BY TYPE, 2019–2026 (USD MILLION)
9.6.6.1.2 By power rating
TABLE 170 PERMANENT MAGNET MOTOR MARKET IN BRAZIL, BY POWER RATING, 2019–2026 (USD MILLION)
9.6.7 BY END-USE INDUSTRY
TABLE 171 PERMANENT MAGNET MOTOR MARKET IN BRAZIL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 172 PERMANENT MAGNET MOTOR MARKET IN BRAZIL FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 173 PERMANENT MAGNET MOTOR MARKET IN BRAZIL FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.6.7.1 Argentina
9.6.7.1.1 Growing investments in the manufacturing of electronic equipment expected to fuel the market growth in Argentina
9.6.7.1.2 By type
TABLE 174 PERMANENT MAGNET MOTOR MARKET IN ARGNETINA, BY TYPE, 2019–2026 (USD MILLION)
9.6.7.1.3 By power rating
TABLE 175 PERMANENT MAGNET MOTOR MARKET IN ARGENTINA, BY POWER RATING, 2019–2026 (USD MILLION)
9.6.8 BY END-USE INDUSTRY
TABLE 176 PERMANENT MAGNET MOTOR MARKET IN ARGENTINA, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 177 PERMANENT MAGNET MOTOR MARKET IN ARGENTINA FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 178 PERMANENT MAGNET MOTOR MARKET IN ARGENTINA FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
9.6.8.1 Rest of South America
9.6.8.1.1 By type
TABLE 179 PERMANENT MAGNET MOTOR MARKET IN REST OF SOUTH AMERICA, BY TYPE, 2019–2026 (USD MILLION)
9.6.8.1.2 By power rating
TABLE 180 PERMANENT MAGNET MOTOR MARKET IN REST OF SOUTH AMERICA, BY POWER RATING, 2019–2026 (USD MILLION)
9.6.9 BY END-USE INDUSTRY
TABLE 181 PERMANENT MAGNET MOTOR MARKET IN REST OF SOUTH AMERICA, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 182 PERMANENT MAGNET MOTOR MARKET IN REST OF SOUTH AMERICA FOR INDUSTRIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
TABLE 183 PERMANENT MAGNET MOTOR MARKET IN REST OF SOUTH AMERICA FOR COMMERCIAL & RESIDENTIAL, BY END-USE INDUSTRY, 2019–2026 (USD MILLION)
10 COMPETITIVE LANDSCAPE
10.1 KEY PLAYER STRATEGIES
TABLE 184 OVERVIEW OF TOP PLAYERS, JANUARY 2017– MARCH 2021
10.2 MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS
TABLE 185 PERMANENT MAGNET MOTOR MARKET: DEGREE OF COMPETITION
FIGURE 36 PERMANENT MAGNET MOTOR MARKET SHARE ANALYSIS, 2020
10.3 MARKET EVALUATION FRAMEWORK
TABLE 186 MARKET EVALUATION FRAMEWORK
10.4 REVENUE ANALYSIS OF TOP FIVE MARKET PLAYERS
FIGURE 37 TOP FIVE PLAYERS IN PERMANENT MAGNET MOTOR MARKET FROM
2015 TO 2019
10.5 COMPANY EVALUATION MATRIX
10.5.1 STAR
10.5.2 EMERGING LEADER
10.5.3 PARTICIPANT
FIGURE 38 COMPETITIVE LEADERSHIP MAPPING: PERMANENT MAGNET MOTOR MARKET, 2019
TABLE 187 COMPANY PRODUCT FOOTPRINT
TABLE 188 COMPANY ARCHITECTURE FOORPRINT
TABLE 189 COMPANY END-USE INDUSTRY FOOTPRINT
TABLE 190 COMPANY REGIONAL FOOTPRINT
10.6 COMPETITIVE SCENARIO
TABLE 191 PERMANENT MAGNET MOTOR MARKET: PRODUCT LAUNCHES, JANUARY 2017–JANUARY 2021
TABLE 192 PERMANENT MAGNET MOTOR MARKET: DEALS, J
ANUARY 2017–MARCH 2021
TABLE 193 PERMANENT MAGNET MOTOR MARKET: OTHER DEVELOPMENTS, JANUARY 2018–2019
11 COMPANY PROFILES
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
11.1 MAJOR PLAYERS
11.1.1 ABB
TABLE 194 ABB: COMPANY OVERVIEW
FIGURE 39 ABB: COMPANY SNAPSHOT
TABLE 195 ABB: PRODUCTS/SOLUTIONS OFFERED
TABLE 196 ABB: PRODUCT LAUNCHES, JANUARY 2018–MARCH 2021
TABLE 197 ABB: DEALS, JANUARY 2017–MARCH 2021
11.1.2 SIEMENS
TABLE 198 SIEMENS: COMPANY OVERVIEW
FIGURE 40 SIEMENS: COMPANY SNAPSHOT
TABLE 199 SIEMENS: PRODUCTS/SOLUTIONS OFFERED
TABLE 200 SIEMENS: DEALS, JANUARY 2017–MARCH 2021
11.1.3 ROCKWELL AUTOMATION
TABLE 201 ROCKWELL AUTOMATION: COMPANY OVERVIEW
FIGURE 41 ROCKWELL: COMPANY SNAPSHOT
TABLE 202 ROCKWELL AUTOMATION: PRODUCTS/SOLUTIONS OFFERED
TABLE 203 ROCKWELL AUTOMATION: DEALS, JANUARY 2018–MARCH 2021
11.1.4 NIDEC CORPORATION
TABLE 204 NIDEC CORPORATION: COMPANY OVERVIEW
FIGURE 42 NIDEC CORPORATION: COMPANY SNAPSHOT
TABLE 205 NIDEC: PRODUCTS/SOLUTIONS OFFERED
TABLE 206 NIDEC: DEALS, JANUARY 2017–MARCH 2021
11.1.5 JOHNSON ELECTRIC
TABLE 207 JOHNSON ELECTRIC: COMPANY OVERVIEW
FIGURE 43 JOHNSON ELECTRIC: COMPANY SNAPSHOT
TABLE 208 JOHNSON ELECTRIC: PRODUCTS/SOLUTIONS OFFERED
TABLE 209 JOHNSON ELECTRIC: DEALS, JANUARY 2017–MARCH 2021
11.1.6 WOLONG ELECTRIC
TABLE 210 WOLONG ELECTRIC: COMPANY OVERVIEW
TABLE 211 WOLONG ELECTRIC: PRODUCTS/SOLUTIONS OFFERED
TABLE 212 WOLONG ELECTRIC: DEALS, JANUARY 2018–MARCH 2021
11.1.7 WEG
TABLE 213 WEG: COMPANY OVERVIEW
FIGURE 44 WEG: COMPANY SNAPSHOT
TABLE 214 WEG: PRODUCTS/SOLUTIONS OFFERED
TABLE 215 WEG: DEALS, JANUARY 2017–MARCH 2021
11.1.8 ALLIED MOTION
TABLE 216 ALLIED MOTION: COMPANY OVERVIEW
FIGURE 45 ALLIED MOTION: COMPANY SNAPSHOT
TABLE 217 ALLIED MOTION: PRODUCTS/SOLUTIONS OFFERED
TABLE 218 ALLIED MOTION: DEALS, JANUARY 2020–MARCH 2021
11.1.9 AMETEK
TABLE 219 AMETEK: COMPANY OVERVIEW
FIGURE 46 AMETEK: COMPANY SNAPSHOT
TABLE 220 AMETEK: PRODUCTS/SOLUTIONS OFFERED
TABLE 221 AMETEK: DEALS, JANUARY 2019–MARCH 2021
11.1.10 TOSHIBA
TABLE 222 TOSHIBA: COMPANY OVERVIEW
FIGURE 47 TOSHIBA: COMPANY SNAPSHOT
TABLE 223 TOSHIBA: PRODUCTS/SOLUTIONS OFFERED
TABLE 224 TOSHIBA: DEALS, JANUARY 2017–MARCH 2021
11.1.11 REGAL BELOIT CORPORATION
TABLE 225 REGAL BELOIT: COMPANY OVERVIEW
FIGURE 48 REGAL BELOIT: COMPANY SNAPSHOT
TABLE 226 REGAL BELOIT: PRODUCTS/SOLUTIONS OFFERED
TABLE 227 REGAL BELOIT: DEALS, JANUARY 2018–MARCH 2021
11.1.12 YASKAWA
TABLE 228 YASKAWA: COMPANY OVERVIEW
FIGURE 49 YASKAWA: COMPANY SNAPSHOT
TABLE 229 YASKAWA: PRODUCTS/SOLUTIONS OFFERED
TABLE 230 YASKAWA: DEALS, JANUARY 2018–MARCH 2021
11.1.13 LIEBHERR
TABLE 231 LIEBHERR: COMPANY OVERVIEW
FIGURE 50 LIEBHERR: COMPANY SNAPSHOT
TABLE 232 LIEBHERR: PRODUCTS/SOLUTIONS OFFERED
TABLE 233 LIEBHERR: DEALS, JANUARY 2019–MARCH 2020
11.1.14 FAULHABER
TABLE 234 FAULHABER: COMPANY OVERVIEW
FIGURE 51 FAULHABER: COMPANY SNAPSHOT
TABLE 235 FAULHABER: PRODUCTS/SOLUTIONS OFFERED
TABLE 236 FAULHABER: DEALS, JANUARY 2018–MARCH 2021
11.1.15 TECO
TABLE 237 TECO: COMPANY OVERVIEW
FIGURE 52 TECO: COMPANY SNAPSHOT
TABLE 238 TECO: PRODUCTS/SOLUTIONS OFFERED
TABLE 239 TECO: DEALS, JANUARY 2017–MARCH 2021
11.2 OTHER KEY PLAYERS
11.2.1 DUMORE
11.2.2 KOLLMORGEN
11.2.3 ELECTROCRAFT
11.2.4 CARTERMOTOR COMPANY
11.2.5 MARK ELEKTRIKS
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.
12 APPENDIX
12.1 INSIGHTS OF INDUSTRY EXPERTS
12.2 DISCUSSION GUIDE
12.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
12.4 AVAILABLE CUSTOMIZATIONS
12.5 RELATED REPORTS
12.6 AUTHOR DETAILS
