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Permanent Magnet Synchronous Motor Market

Permanent Magnet Synchronous Motor - Global Market Outlook (2019 -2027)

4.1 (40 reviews)
Published: December 2020 ID: SMRC20231
4.1 (40 reviews)
Published: December 2020 ID: SMRC20231

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Permanent Magnet Synchronous Motor Market is accounted for $21.61 billion in 2019 and is expected to reach $57.05 billion by 2027 growing at a CAGR of 12.9% during the forecast period. High efficiency of permanent magnet synchronous motor, use of low cost permanent magnets and increasing awareness of green vehicles are the major factors driving the market growth. However, high price and scarcity of rare earth magnets are restraining the market growth. Moreover, expansion in oil and gas industries and increasing dependence on rare earth magnets would provide ample opportunities for the market growth.

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Permanent magnet synchronous motors (PMSMs) are AC synchronous motors that receive field excitation by permanent magnets. These motors have sinusoidal back-EMF and are similar to brushless DC (BLDC) motors. PMSMs provide durability as well as electric stability and ensure reliable performance. 

Based on voltage range, the 10V-20Vsegment is likely to have a huge demand as PMSM of this range provides high efficiency, requires low-operating temperature, and reduces the weight of motors. Thus, their suitability across the varied applications would continue to supplement their market growth. By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to rise in industrial activities, standardizations on the usage of energy-efficient motors, and advantages of PMSM over other electric motors.

Some of the key players profiled in the Permanent Magnet Synchronous Motor Market include Alstom, Baldor Electric Company Inc (ABB Group), DRS Technologies Inc, Emerson Electric Corp, General Electric Company, Hansen Corporation, Hitachi Ltd, Johnson Electric, Mitsubishi Electric Corporation, Nidec Corporation, Rockwell Automation Inc, Rolls Royce plc, Siemens AG, Toshiba Corporation and Zhejiang Zhongyuan Electric Co Ltd.

Mounting Types Covered:
• Vertical
• Horizontal

Types Covered:
• Interior Permanent Magnet Synchronous Motor
• Surface Permanent Magnet Synchronous Motor   

Power Ratings Covered:
• 0-20KW
• 20-200KW
• 200KW - 375 kW
• 375 – 450 kW
• 450 – 600 kW
• 600 kW

Voltage Ranges Covered:
• Above 60V
• 41V-60V
• 31V-40V
• 21V-30V
• 10V-20V
• 9V and below

Controls Covered:
• Sinusoidal
• Trapezoidal   

Applications Covered:
• Automotive & Transportation
• Compressor Industries
• Consumer Electronics
• Elevator
• Industrial & Manufacturing
• Automation
• Lab Equipment
• Machinery
• Marine
• Medical & Healthcare
• Metals & Mining
• Military/Aerospace
• Oil & Gas
• Paper & Pulp
• Power
• Pumps & Ventilation Systems
• Residential & Commercial

Sales Channels Covered:
• Distribution Channel
• Direct Channel

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China        
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

1 Executive Summary  
    
2 Preface   

 2.1 Abstract  
 2.2 Stake Holders 
 2.3 Research Scope 
 2.4 Research Methodology
  2.4.1 Data Mining
  2.4.2 Data Analysis
  2.4.3 Data Validation
  2.4.4 Research Approach
 2.5 Research Sources 
  2.5.1 Primary Research Sources
  2.5.2 Secondary Research Sources
  2.5.3 Assumptions
    
3 Market Trend Analysis 
 3.1 Introduction 
 3.2 Drivers  
 3.3 Restraints 
 3.4 Opportunities 
 3.5 Threats  
 3.6 Application Analysis
 3.7 Emerging Markets 
 3.8 Impact of Covid-19 
    
4 Porters Five Force Analysis 
 4.1 Bargaining power of suppliers
 4.2 Bargaining power of buyers
 4.3 Threat of substitutes
 4.4 Threat of new entrants
 4.5 Competitive rivalry 
    
5 Global Permanent Magnet Synchronous Motor Market, By Mounting Type
 5.1 Introduction 
 5.2 Vertical  
 5.3 Horizontal  
    
6 Global Permanent Magnet Synchronous Motor Market, By Type
 6.1 Introduction 
 6.2 Interior Permanent Magnet Synchronous Motor
 6.3 Surface Permanent Magnet Synchronous Motor
    
7 Global Permanent Magnet Synchronous Motor Market, By Power Rating
 7.1 Introduction 
 7.2 0-20KW  
 7.3 20-200KW 
 7.4 200KW - 375 kW 
 7.5 375 – 450 kW 
 7.6 450 – 600 kW 
 7.7 600 kW  
    
8 Global Permanent Magnet Synchronous Motor Market, By Voltage Range
 8.1 Introduction 
 8.2 Above 60V 
 8.3 41V-60V  
 8.4 31V-40V  
 8.5 21V-30V  
 8.6 10V-20V  
 8.7 9V and below 
    
9 Global Permanent Magnet Synchronous Motor Market, By Control

 9.1 Introduction 
 9.2 Sinusoidal 
  9.2.1 Vector 
  9.2.2 Scaler  
 9.3 Trapezoidal  
  9.3.1 Closed Loop
  9.3.2 Open Loop
    
10 Global Permanent Magnet Synchronous Motor Market, By Application
 10.1 Introduction  
 10.2 Automotive & Transportation
 10.3 Compressor Industries
 10.4 Consumer Electronics
 10.5 Elevator  
 10.6 Industrial & Manufacturing
 10.7 Automation 
 10.8 Lab Equipment 
 10.9 Machinery 
 10.10 Marine  
 10.11 Medical & Healthcare
 10.12 Metals & Mining 
 10.13 Military/Aerospace 
 10.14 Oil & Gas  
 10.15 Paper & Pulp 
 10.16 Power  
 10.17 Pumps & Ventilation Systems
 10.18 Residential & Commercial
    
11 Global Permanent Magnet Synchronous Motor Market, By Sales Channel
 11.1 Introduction 
 11.2 Distribution Channel
 11.3 Direct Channel 
    
12 Global Permanent Magnet Synchronous Motor Market, By Geography
 12.1 Introduction 
 12.2 North America 
  12.2.1 US 
  12.2.2 Canada 
  12.2.3 Mexico 
 12.3 Europe  
  12.3.1 Germany 
  12.3.2 UK 
  12.3.3 Italy 
  12.3.4 France 
  12.3.5 Spain 
  12.3.6 Rest of Europe
 12.4 Asia Pacific 
  12.4.1 Japan 
  12.4.2 China 
  12.4.3 India 
  12.4.4 Australia 
  12.4.5 New Zealand
  12.4.6 South Korea
  12.4.7 Rest of Asia Pacific
 12.5 South America 
  12.5.1 Argentina
  12.5.2 Brazil 
  12.5.3 Chile 
  12.5.4 Rest of South America
 12.6 Middle East & Africa
  12.6.1 Saudi Arabia
  12.6.2 UAE 
  12.6.3 Qatar 
  12.6.4 South Africa
  12.6.5 Rest of Middle East & Africa
    
13 Key Developments  
 13.1 Agreements, Partnerships, Collaborations and Joint Ventures
 13.2 Acquisitions & Mergers
 13.3 New Product Launch
 13.4 Expansions 
 13.5 Other Key Strategies
    
14 Company Profiling  
 14.1 Alstom  
 14.2 Baldor Electric Company Inc (ABB Group)
 14.3 DRS Technologies Inc
 14.4 Emerson Electric Corp
 14.5 General Electric Company
 14.6 Hansen Corporation 
 14.7 Hitachi Ltd 
 14.8 Johnson Electric 
 14.9 Mitsubishi Electric Corporation
 14.10 Nidec Corporation 
 14.11 Rockwell Automation Inc
 14.12 Rolls Royce plc 
 14.13 Siemens AG 
 14.14 Toshiba Corporation
 14.15 Zhejiang Zhongyuan Electric Co Ltd


List of Tables   
1 Global Permanent Magnet Synchronous Motor Market Outlook, By Region (2018-2027) ($MN)
2 Global Permanent Magnet Synchronous Motor Market Outlook, By Mounting Type (2018-2027) ($MN)
3 Global Permanent Magnet Synchronous Motor Market Outlook, By Vertical (2018-2027) ($MN)
4 Global Permanent Magnet Synchronous Motor Market Outlook, By Horizontal (2018-2027) ($MN)
5 Global Permanent Magnet Synchronous Motor Market Outlook, By Type (2018-2027) ($MN)
6 Global Permanent Magnet Synchronous Motor Market Outlook, By Interior Permanent Magnet Synchronous Motor (2018-2027) ($MN)
7 Global Permanent Magnet Synchronous Motor Market Outlook, By Surface Permanent Magnet Synchronous Motor (2018-2027) ($MN)
8 Global Permanent Magnet Synchronous Motor Market Outlook, By Power Rating (2018-2027) ($MN)
9 Global Permanent Magnet Synchronous Motor Market Outlook, By 0-20KW (2018-2027) ($MN)
10 Global Permanent Magnet Synchronous Motor Market Outlook, By 20-200KW (2018-2027) ($MN)
11 Global Permanent Magnet Synchronous Motor Market Outlook, By 200KW - 375 Kw (2018-2027) ($MN)
12 Global Permanent Magnet Synchronous Motor Market Outlook, By 375 – 450 kW (2018-2027) ($MN)
13 Global Permanent Magnet Synchronous Motor Market Outlook, By 450 – 600 kW (2018-2027) ($MN)
14 Global Permanent Magnet Synchronous Motor Market Outlook, By 600 kW (2018-2027) ($MN)
15 Global Permanent Magnet Synchronous Motor Market Outlook, By Voltage Range (2018-2027) ($MN)
16 Global Permanent Magnet Synchronous Motor Market Outlook, By Above 60V (2018-2027) ($MN)
17 Global Permanent Magnet Synchronous Motor Market Outlook, By 41V-60V (2018-2027) ($MN)
18 Global Permanent Magnet Synchronous Motor Market Outlook, By 31V-40V (2018-2027) ($MN)
19 Global Permanent Magnet Synchronous Motor Market Outlook, By 21V-30V (2018-2027) ($MN)
20 Global Permanent Magnet Synchronous Motor Market Outlook, By 10V-20V (2018-2027) ($MN)
21 Global Permanent Magnet Synchronous Motor Market Outlook, By 9V and below (2018-2027) ($MN)
22 Global Permanent Magnet Synchronous Motor Market Outlook, By Control (2018-2027) ($MN)
23 Global Permanent Magnet Synchronous Motor Market Outlook, By Sinusoidal (2018-2027) ($MN)
24 Global Permanent Magnet Synchronous Motor Market Outlook, By Vector (2018-2027) ($MN)
25 Global Permanent Magnet Synchronous Motor Market Outlook, By Scaler (2018-2027) ($MN)
26 Global Permanent Magnet Synchronous Motor Market Outlook, By Trapezoidal (2018-2027) ($MN)
27 Global Permanent Magnet Synchronous Motor Market Outlook, By Closed Loop (2018-2027) ($MN)
28 Global Permanent Magnet Synchronous Motor Market Outlook, By Open Loop (2018-2027) ($MN)
29 Global Permanent Magnet Synchronous Motor Market Outlook, By Application (2018-2027) ($MN)
30 Global Permanent Magnet Synchronous Motor Market Outlook, By Automotive & Transportation (2018-2027) ($MN)
31 Global Permanent Magnet Synchronous Motor Market Outlook, By Compressor Industries (2018-2027) ($MN)
32 Global Permanent Magnet Synchronous Motor Market Outlook, By Consumer Electronics (2018-2027) ($MN)
33 Global Permanent Magnet Synchronous Motor Market Outlook, By Elevator (2018-2027) ($MN)
34 Global Permanent Magnet Synchronous Motor Market Outlook, By Industrial & Manufacturing (2018-2027) ($MN)
35 Global Permanent Magnet Synchronous Motor Market Outlook, By Automation (2018-2027) ($MN)
36 Global Permanent Magnet Synchronous Motor Market Outlook, By Lab Equipment (2018-2027) ($MN)
37 Global Permanent Magnet Synchronous Motor Market Outlook, By Machinery (2018-2027) ($MN)
38 Global Permanent Magnet Synchronous Motor Market Outlook, By Marine (2018-2027) ($MN)
39 Global Permanent Magnet Synchronous Motor Market Outlook, By Medical & Healthcare (2018-2027) ($MN)
40 Global Permanent Magnet Synchronous Motor Market Outlook, By Metals & Mining (2018-2027) ($MN)
41 Global Permanent Magnet Synchronous Motor Market Outlook, By Military/Aerospace (2018-2027) ($MN)
42 Global Permanent Magnet Synchronous Motor Market Outlook, By Oil & Gas (2018-2027) ($MN)
43 Global Permanent Magnet Synchronous Motor Market Outlook, By Paper & Pulp (2018-2027) ($MN)
44 Global Permanent Magnet Synchronous Motor Market Outlook, By Power (2018-2027) ($MN)
45 Global Permanent Magnet Synchronous Motor Market Outlook, By Pumps & Ventilation Systems (2018-2027) ($MN)
46 Global Permanent Magnet Synchronous Motor Market Outlook, By Residential & Commercial (2018-2027) ($MN)
47 Global Permanent Magnet Synchronous Motor Market Outlook, By Sales Channel (2018-2027) ($MN)
48 Global Permanent Magnet Synchronous Motor Market Outlook, By Distribution Channel (2018-2027) ($MN)
49 Global Permanent Magnet Synchronous Motor Market Outlook, By Direct Channel (2018-2027) ($MN)
    
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
 

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