How big is the Permanent Magnet Motor Market?

The Permanent Magnet Motor Market size is expected to reach USD 48.34 billion in 2024 and grow at a CAGR of 9.96% to reach USD 77.71 billion by 2029. Read More

What is the current Permanent Magnet Motor Market size?

In 2024, the Permanent Magnet Motor Market size is expected to reach USD 48.34 billion. Read More

Who are the key players in Permanent Magnet Motor Market?

ABB Limited, Rockwell Automation, Siemens AG, Franklin Electric Company Inc. and Allied Motion Technologies Inc. are the major companies operating in the Permanent Magnet Motor Market. Read More

Which is the fastest growing region in Permanent Magnet Motor Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Permanent Magnet Motor Market?

In 2024, the Asia-Pacific accounts for the largest market share in Permanent Magnet Motor Market. Read More

What years does this Permanent Magnet Motor Market cover, and what was the market size in 2023?

In 2023, the Permanent Magnet Motor Market size was estimated at USD 43.53 billion. The report covers the Permanent Magnet Motor Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Permanent Magnet Motor Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Permanent Magnet Motor Companies

This report lists the top Permanent Magnet Motor companies based on the 2023 & 2024 market share reports. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the Permanent Magnet Motor industry.