Permanent Magnet Synchronous Motor (PMSM) Global Market Report 2025

Global Permanent Magnet Synchronous Motor (PMSM) Market Report 2025

Permanent Magnet Synchronous Motor (PMSM) Global Market Report 2025 – By Type (Surface, Interior), By Capacity (375-450 kW, 450-600 kW, Above 600 kW), By Voltage Range (Above 60V, 41V60V, 31V40V, 21V30V, 10V20V, 9V and below), By Application (Automation, Consumer Electronics, Residential and Commercial, Automotive and Transportation, Lab Equipment, Medical, Military and Aerospace) – Market Size, Trends, And Global Forecast 2025-2034

Name: Permanent Magnet Synchronous Motor (PMSM) Global Market Report 2025
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Permanent Magnet Synchronous Motor (PMSM) Global Market Report 2025

Report Price : $4490.00 | Pages : 200 | Published : January 2025 | Delivery Time: 2-3 business days | Format : pdf

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Permanent Magnet Synchronous Motor (PMSM) Global Market Report 2025

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Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

What Is Covered Under Permanent Magnet Synchronous Motor (PMSM) Market?

The permanent magnet synchronous motor (PMSM) is used for high-efficiency and high-performance motor drives. The permanent magnet synchronous motor refers to an AC synchronous motor for which field excitation is provided by permanent magnets and has a sinusoidal back EMF waveform. PMSM can generate torque at zero speed, but it requires a digitally controlled inverter for operations with permanent magnets.

The main types of permanent magnet synchronous motors on the market are surface and Interior. The surface permanent magnet synchronous motor (PMSM) consists of a brushless DC motor with a surface permanent magnet. The various capacities of permanent magnet synchronous motors are 375–450 kW, 450–600 kW, and above 600 kW. They are of various voltage types, such as above 60V, 41V60V, 31V40V, 21V30V, 10V20V, and 9V and below. These permanent magnet synchronous motor products are used in applications such as automation, consumer electronics, residential and commercial, automotive and transportation, lab equipment, medical, and military and aerospace.

Permanent Magnet Synchronous Motor (PMSM) Market Size and growth rate 2025 to 2029: Graph

What Is The Permanent Magnet Synchronous Motor (PMSM) Market Size 2025 And Growth Rate?

The permanent magnet synchronous motor (PMSM) market size has grown strongly in recent years. It will grow from $27.01 billion in 2024 to $29.3 billion in 2025 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to electric vehicle (ev) and hybrid vehicle adoption, industrial automation and robotics, energy efficiency and green technology initiatives, increased use in HVAC systems, advancements in magnet materials.

What Is The Permanent Magnet Synchronous Motor (PMSM) Market Growth Forecast?

The permanent magnet synchronous motor (PMSM) market size is expected to see strong growth in the next few years. It will grow to $40.4 billion in 2029 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to expansion of renewable energy applications, growth in ev charging infrastructure, smart grid and distributed energy systems, integration of PMSMs in household appliances, electrification of transportation. Major trends in the forecast period include rare-earth element recycling for magnets, pmsms with advanced sensor technology, adoption of silicon carbide (sic) power electronics, customized pmsm solutions for specific industries, smart motor diagnostics and predictive maintenance.

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How Is The Permanent Magnet Synchronous Motor (PMSM) Market Segmented?

The permanent magnet synchronous motor (PMSM) market covered in this report is segmented –

1) By Type: Surface, Interior

2) By Capacity: 375-450 kW, 450-600 kW, Above 600 kW

3) By Voltage Range: Above 60V, 41V60V, 31V40V, 21V30V, 10V20V, 9V and below

4) By Application: Automation, Consumer Electronics, Residential and Commercial, Automotive and Transportation, Lab Equipment, Medical, Military and Aerospace

Subsegments:

1) By Surface PMSM: Radial Flux Surface PMSM, Axial Flux Surface PMSM

2) By Interior PMSM: Radial Flux Interior PMSM, Axial Flux Interior PMSM, Synchronous Reluctance PMSM

What Is Driving The Permanent Magnet Synchronous Motor (PMSM) Market? Green Vehicle Surge Boosts The Permanent Magnet Synchronous Motor (PMSM) Market

The emergence of green vehicles is significantly contributing to the growth of the permanent magnet synchronous motor (PMSM) market. A green vehicle, also known as a clean vehicle or an eco-friendly vehicle, is a road motor vehicle that has fewer negative environmental effects than comparable conventional internal combustion engine vehicles that are powered by diesel, or alternative fuel vehicles. Due to its zero-emission and fuel economy standards, the demand for green vehicles is increasing. For instance, June 2023, according to a report published by the International Council for Clean Transport (ICCT) a US-based nonprofit research institute, the global EV sales in 2022 reached 10 million, a 54% increase from 2021, with China leading at 6.2 million EVs sold (82% increase), accounting for 59% of global sales, followed by the U.S. with 994,000 EVs, and Europe with 2.7 million EVs (15% increase), representing 25% of the global total. Therefore, the emergence of green vehicles is expected to propel the growth of permanent magnet synchronous motors (PMSM) market over the years.

What Is Driving The Permanent Magnet Synchronous Motor (PMSM) Market? Growing Construction Spending Is Anticipated To Fuel The Permanent Magnet Synchronous Motor (PMSM) Market

The growing construction spending is expected to propel the growth of the permanent magnet synchronous motor (PMSM) market going forward. Construction refers to the process of building or assembling infrastructure, structures, or facilities. Permanent Magnet Synchronous Motors (PMSMs) are used in construction equipment for precise speed and torque control. For instance, in October 2023, the U.S. Census Bureau, s US-based government agency, reported that in August 2023, the estimated seasonally adjusted annual rate for construction expenditure in the US was $1,983.5 billion, marking a 0.5% increase from the revised figure of $1,973.7 billion in July 2023. Therefore, the growing construction spending is driving the growth of the permanent magnet synchronous motor market.

Who Are The Major Players In The Global Permanent Magnet Synchronous Motor (PMSM) Market?

Major companies operating in the permanent magnet synchronous motor (PMSM) market include Siemens AG, Mitsubishi Electric Corporation, Toshiba Corp., Hitachi Ltd., Asea Brown Boveri Ltd., Robert Bosch GmbH, Meidensha Corporation, Continental AG, Alstom SA, Zhongshan Broad-Ocean Motor Co Ltd, Xizi Forvorda, DRS Technologies Inc., Emerson Electric Co, Johnson Electric Holdings Limited, Nidec Motor Corporation, AMETEK Inc., ARC Systems Inc., Bühler Motor GmbH, Danaher Corporation, Dunkermotoren GmbH, Dr. Fritz Faulhaber GmbH & Co. KG, Fuji Electric Co. Ltd., General Electric Company, Maxon Motor AG, Moog Inc., Oriental Motor Co. Ltd., Parker Hannifin Corporation, Regal Beloit Corporation, Rockwell Automation Inc., Schneider Electric SE, Sumitomo Heavy Industries Ltd., WEG S.A., Yaskawa Electric Corporation

What Are The Key Trends Of The Global Permanent Magnet Synchronous Motor (PMSM) Market? Technological Advancements Propel The Evolution And Efficiency Of Permanent Magnet Synchronous Motors (PMSM)

Technological advancements are the key trend being followed by the companies operating in the permanent magnet synchronous motor (PMSM) market. The rapid advancement of permanent magnet (PM) manufacturing technologies has significantly enhanced the efficiency and output power of PM synchronous machines (PMSMs), prompting the use of direct-drive-type high-speed PMSMs rather than traditional mechanical gear transmission systems in a number of industrial fields. For instance, in August 2024, Mahindra Last Mile Mobility Limited (MLMML), an India-based electric last-mile mobility three- and four-wheeler manufacturer, launched the e-Alfa Plus electric rickshaw. This is powered by an advanced Permanent Magnet Synchronous Motor (PMSM) that delivers 1.95 kW of peak power and a maximum torque of 26.9 Nm, providing a real-world range of over 100 kilometers on a single charge. It is designed for durability and driver safety, featuring an 18-month warranty, an advanced braking system, and a three-year accidental insurance policy for drivers, making it a reliable choice for both urban and rural transportation needs.

What Are The Key Trends Of The Global Permanent Magnet Synchronous Motor (PMSM) Market? Innovative Motor Control Solutions Optimize Vehicle Efficiency And Performance

Major companies operating in the permanent magnet synchronous motor (PMSM) market are launching innovative solutions, such as automotive motor control solutions, to improve efficiency and enable software-defined electric vehicles by optimizing motor control in various automotive applications such as pumps, fans, and comfort systems. Automotive Motor Control Solution refers to advanced technology designed to optimize the control and efficiency of electric motors in vehicles, enhancing performance, reducing energy consumption, and supporting various applications. For instance, in November 2023, NXP Semiconductors, a Netherlands-based provider of semiconductor products, launched the S32M2 motor control solution. This integrates power, analog functions, and extensive software libraries to optimize the control of vehicle applications such as pumps, fans, and seat position systems, improving efficiency, reducing noise, and enhancing occupant comfort. It enables automakers to accelerate time-to-market, lower costs, and maximize software reuse across the S32 vehicle compute platform, contributing to the transition toward software-defined vehicles.

Permanent Magnet Synchronous Motor (PMSM) Market Merger And Acquisition: Cummins Acquires Siemens E-Drives Business To Enhance Electric Powertrain Portfolio

In December 2022, Cummins, a US-based company that designs, manufactures, sells and services diesel and alternative fuel engines acquired Siemens e-Drives Business for an undisclosed amount. This acquisition includes expertise in electric motors, specifically direct drive and transmission-based remote mount electric motors, inverters, software, and other related services for electric powertrains. One notable product from the acquired portfolio is the ''single-winding permanent synchronous magnet direct drive motor,'' which is tailored for 9-to-12-meter buses.

Regional Outlook For The Global Permanent Magnet Synchronous Motor (PMSM) Market

Asia-Pacific was the largest region in the permanent magnet synchronous (PMSM) market in 2024 and is also expected to be the fastest-growing region in the forecast period. The regions covered in the permanent magnet synchronous motor (PMSM) market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the permanent magnet synchronous motor (PMSM) market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

What Defines the Permanent Magnet Synchronous Motor (PMSM) Market?

The permanent magnet synchronous motor market consists of sales of rotor, stator, induction motor. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Permanent Magnet Synchronous Motor (PMSM) Industry?

The permanent magnet synchronous motor (PMSM)s research report is one of a series of new reports from The Business Research Company that provides permanent magnet synchronous motor (PMSM)s statistics, including global market size, regional shares, competitors with permanent magnet synchronous motor (PMSM)s share, detailed permanent magnet synchronous motor (PMSM)s segments, market trends and opportunities, and any further data you may need to thrive in the permanent magnet synchronous motor (PMSM)s industry. This permanent magnet synchronous motor (PMSM) research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Permanent Magnet Synchronous Motor (PMSM) Market Report Forecast Analysis

Report Attribute	Details
Market Size Value In 2025	$29.3 billion
Revenue Forecast In 2034	$40.4 billion
Growth Rate	CAGR of 8.4% from 2025 to 2034
Base Year For Estimation	2024
Actual Estimates/Historical Data	2019-2024
Forecast Period	2025 - 2029 - 2034
Market Representation	Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered	1) By Type: Surface, Interior 2) By Capacity: 375-450 kW, 450-600 kW, Above 600 kW 3) By Voltage Range: Above 60V, 41V60V, 31V40V, 21V30V, 10V20V, 9V and below 4) By Application: Automation, Consumer Electronics, Residential and Commercial, Automotive and Transportation, Lab Equipment, Medical, Military and Aerospace Subsegments: 1) By Surface PMSM: Radial Flux Surface PMSM, Axial Flux Surface PMSM 2) By Interior PMSM: Radial Flux Interior PMSM, Axial Flux Interior PMSM, Synchronous Reluctance PMSM
Regional Scope	Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Siemens AG, Mitsubishi Electric Corporation, Toshiba Corp., Hitachi Ltd., Asea Brown Boveri Ltd., Robert Bosch GmbH, Meidensha Corporation, Continental AG, Alstom SA, Zhongshan Broad-Ocean Motor Co Ltd, Xizi Forvorda, DRS Technologies Inc., Emerson Electric Co, Johnson Electric Holdings Limited, Nidec Motor Corporation, AMETEK Inc., ARC Systems Inc., Bühler Motor GmbH, Danaher Corporation, Dunkermotoren GmbH, Dr. Fritz Faulhaber GmbH & Co. KG, Fuji Electric Co. Ltd., General Electric Company, Maxon Motor AG, Moog Inc., Oriental Motor Co. Ltd., Parker Hannifin Corporation, Regal Beloit Corporation, Rockwell Automation Inc., Schneider Electric SE, Sumitomo Heavy Industries Ltd., WEG S.A., Yaskawa Electric Corporation
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Permanent Magnet Synchronous Motor (PMSM) Market Characteristics

3. Permanent Magnet Synchronous Motor (PMSM) Market Trends And Strategies

4. Permanent Magnet Synchronous Motor (PMSM) Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

5. Global Permanent Magnet Synchronous Motor (PMSM) Growth Analysis And Strategic Analysis Framework

5.1. Global Permanent Magnet Synchronous Motor (PMSM) PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Permanent Magnet Synchronous Motor (PMSM) Market Growth Rate Analysis

5.4. Global Permanent Magnet Synchronous Motor (PMSM) Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Permanent Magnet Synchronous Motor (PMSM) Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Permanent Magnet Synchronous Motor (PMSM) Total Addressable Market (TAM)

6. Permanent Magnet Synchronous Motor (PMSM) Market Segmentation

6.1. Global Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Surface

Interior

6.2. Global Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

375-450 kW

450-600 kW

Above 600 kW

6.3. Global Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Above 60V

41V60V

31V40V

21V30V

10V20V

9V and below

6.4. Global Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Automation

Consumer Electronics

Residential and Commercial

Automotive and Transportation

Lab Equipment

Medical

Military and Aerospace

6.5. Global Permanent Magnet Synchronous Motor (PMSM) Market, Sub-Segmentation Of Surface PMSM, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Radial Flux Surface PMSM

Axial Flux Surface PMSM

6.6. Global Permanent Magnet Synchronous Motor (PMSM) Market, Sub-Segmentation Of Interior PMSM, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Radial Flux Interior PMSM

Axial Flux Interior PMSM

Synchronous Reluctance PMSM

7. Permanent Magnet Synchronous Motor (PMSM) Market Regional And Country Analysis

7.1. Global Permanent Magnet Synchronous Motor (PMSM) Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Permanent Magnet Synchronous Motor (PMSM) Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Permanent Magnet Synchronous Motor (PMSM) Market

8.1. Asia-Pacific Permanent Magnet Synchronous Motor (PMSM) Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Permanent Magnet Synchronous Motor (PMSM) Market

9.1. China Permanent Magnet Synchronous Motor (PMSM) Market Overview

9.2. China Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Permanent Magnet Synchronous Motor (PMSM) Market

10.1. India Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Permanent Magnet Synchronous Motor (PMSM) Market

11.1. Japan Permanent Magnet Synchronous Motor (PMSM) Market Overview

11.2. Japan Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Permanent Magnet Synchronous Motor (PMSM) Market

12.1. Australia Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Permanent Magnet Synchronous Motor (PMSM) Market

13.1. Indonesia Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Permanent Magnet Synchronous Motor (PMSM) Market

14.1. South Korea Permanent Magnet Synchronous Motor (PMSM) Market Overview

14.2. South Korea Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Permanent Magnet Synchronous Motor (PMSM) Market

15.1. Western Europe Permanent Magnet Synchronous Motor (PMSM) Market Overview

15.2. Western Europe Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Permanent Magnet Synchronous Motor (PMSM) Market

16.1. UK Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Permanent Magnet Synchronous Motor (PMSM) Market

17.1. Germany Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Permanent Magnet Synchronous Motor (PMSM) Market

18.1. France Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Permanent Magnet Synchronous Motor (PMSM) Market

19.1. Italy Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Permanent Magnet Synchronous Motor (PMSM) Market

20.1. Spain Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Permanent Magnet Synchronous Motor (PMSM) Market

21.1. Eastern Europe Permanent Magnet Synchronous Motor (PMSM) Market Overview

21.2. Eastern Europe Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Permanent Magnet Synchronous Motor (PMSM) Market

22.1. Russia Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Permanent Magnet Synchronous Motor (PMSM) Market

23.1. North America Permanent Magnet Synchronous Motor (PMSM) Market Overview

23.2. North America Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Permanent Magnet Synchronous Motor (PMSM) Market

24.1. USA Permanent Magnet Synchronous Motor (PMSM) Market Overview

24.2. USA Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Permanent Magnet Synchronous Motor (PMSM) Market

25.1. Canada Permanent Magnet Synchronous Motor (PMSM) Market Overview

25.2. Canada Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Permanent Magnet Synchronous Motor (PMSM) Market

26.1. South America Permanent Magnet Synchronous Motor (PMSM) Market Overview

26.2. South America Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Permanent Magnet Synchronous Motor (PMSM) Market

27.1. Brazil Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Permanent Magnet Synchronous Motor (PMSM) Market

28.1. Middle East Permanent Magnet Synchronous Motor (PMSM) Market Overview

28.2. Middle East Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Permanent Magnet Synchronous Motor (PMSM) Market

29.1. Africa Permanent Magnet Synchronous Motor (PMSM) Market Overview

29.2. Africa Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Permanent Magnet Synchronous Motor (PMSM) Market Competitive Landscape And Company Profiles

30.1. Permanent Magnet Synchronous Motor (PMSM) Market Competitive Landscape

30.2. Permanent Magnet Synchronous Motor (PMSM) Market Company Profiles

30.2.1. Siemens AG Overview, Products and Services, Strategy and Financial Analysis

30.2.2. Mitsubishi Electric Corporation Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Toshiba Corp. Overview, Products and Services, Strategy and Financial Analysis

30.2.4. Hitachi Ltd. Overview, Products and Services, Strategy and Financial Analysis

30.2.5. Asea Brown Boveri Ltd. Overview, Products and Services, Strategy and Financial Analysis

31. Permanent Magnet Synchronous Motor (PMSM) Market Other Major And Innovative Companies

31.1. Robert Bosch GmbH

31.2. Meidensha Corporation

31.3. Continental AG

31.4. Alstom SA

31.5. Zhongshan Broad-Ocean Motor Co Ltd

31.6. Xizi Forvorda

31.7. DRS Technologies Inc.

31.8. Emerson Electric Co

31.9. Johnson Electric Holdings Limited

31.10. Nidec Motor Corporation

31.11. AMETEK Inc.

31.12. ARC Systems Inc.

31.13. Bühler Motor GmbH

31.14. Danaher Corporation

31.15. Dunkermotoren GmbH

32. Global Permanent Magnet Synchronous Motor (PMSM) Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Permanent Magnet Synchronous Motor (PMSM) Market

34. Recent Developments In The Permanent Magnet Synchronous Motor (PMSM) Market

35. Permanent Magnet Synchronous Motor (PMSM) Market High Potential Countries, Segments and Strategies

35.1 Permanent Magnet Synchronous Motor (PMSM) Market In 2029 - Countries Offering Most New Opportunities

35.2 Permanent Magnet Synchronous Motor (PMSM) Market In 2029 - Segments Offering Most New Opportunities

35.3 Permanent Magnet Synchronous Motor (PMSM) Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2019-2024, $ Billion

Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Table 3: Global Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 4: Global Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 5: Global Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 6: Global Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 7: Global Permanent Magnet Synchronous Motor (PMSM) Market, Sub-Segmentation Of Surface PMSM, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 8: Global Permanent Magnet Synchronous Motor (PMSM) Market, Sub-Segmentation Of Interior PMSM, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 9: Global Permanent Magnet Synchronous Motor (PMSM) Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 10: Global Permanent Magnet Synchronous Motor (PMSM) Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 11: Asia-Pacific, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 12: Asia-Pacific, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 13: Asia-Pacific, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 14: China, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 15: China, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 16: China, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 17: India, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 18: India, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 19: India, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 20: Japan, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 21: Japan, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 22: Japan, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 23: Australia, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 24: Australia, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 25: Australia, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 26: Indonesia, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 27: Indonesia, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 28: Indonesia, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 29: South Korea, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 30: South Korea, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 31: South Korea, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 32: Western Europe, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 33: Western Europe, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 34: Western Europe, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 35: UK, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 36: UK, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 37: UK, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 38: Germany, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 39: Germany, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 40: Germany, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 41: France, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 42: France, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 43: France, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 44: Italy, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 45: Italy, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 46: Italy, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 47: Spain, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 48: Spain, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 49: Spain, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 50: Eastern Europe, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 51: Eastern Europe, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 52: Eastern Europe, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 53: Russia, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 54: Russia, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 55: Russia, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 56: North America, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 57: North America, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 58: North America, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 59: USA, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 60: USA, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 61: USA, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 62: Canada, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 63: Canada, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 64: Canada, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 65: South America, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 66: South America, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 67: South America, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 68: Brazil, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 69: Brazil, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 70: Brazil, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 71: Middle East, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 72: Middle East, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 73: Middle East, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 74: Africa, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 75: Africa, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 76: Africa, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 77: Siemens AG Financial Performance

Table 78: Mitsubishi Electric Corporation Financial Performance

Table 79: Toshiba Corp. Financial Performance

Table 80: Hitachi Ltd. Financial Performance

Table 81: Asea Brown Boveri Ltd. Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2019-2024, $ Billion

Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Figure 3: Global Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 4: Global Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 5: Global Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 6: Global Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 7: Global Permanent Magnet Synchronous Motor (PMSM) Market, Sub-Segmentation Of Surface PMSM, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 8: Global Permanent Magnet Synchronous Motor (PMSM) Market, Sub-Segmentation Of Interior PMSM, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 9: Global Permanent Magnet Synchronous Motor (PMSM) Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 10: Global Permanent Magnet Synchronous Motor (PMSM) Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 11: Asia-Pacific, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 12: Asia-Pacific, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 13: Asia-Pacific, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 14: China, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 15: China, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 16: China, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 17: India, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 18: India, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 19: India, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 20: Japan, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 21: Japan, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 22: Japan, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 23: Australia, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 24: Australia, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 25: Australia, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 26: Indonesia, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 27: Indonesia, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 28: Indonesia, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 29: South Korea, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 30: South Korea, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 31: South Korea, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 32: Western Europe, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 33: Western Europe, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 34: Western Europe, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 35: UK, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 36: UK, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 37: UK, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 38: Germany, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 39: Germany, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 40: Germany, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 41: France, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 42: France, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 43: France, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 44: Italy, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 45: Italy, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 46: Italy, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 47: Spain, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 48: Spain, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 49: Spain, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 50: Eastern Europe, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 51: Eastern Europe, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 52: Eastern Europe, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 53: Russia, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 54: Russia, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 55: Russia, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 56: North America, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 57: North America, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 58: North America, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 59: USA, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 60: USA, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 61: USA, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 62: Canada, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 63: Canada, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 64: Canada, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 65: South America, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 66: South America, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 67: South America, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 68: Brazil, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 69: Brazil, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 70: Brazil, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 71: Middle East, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 72: Middle East, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 73: Middle East, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 74: Africa, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 75: Africa, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 76: Africa, Permanent Magnet Synchronous Motor (PMSM) Market, Segmentation By Voltage Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 77: Siemens AG Financial Performance

Figure 78: Mitsubishi Electric Corporation Financial Performance

Figure 79: Toshiba Corp. Financial Performance

Figure 80: Hitachi Ltd. Financial Performance

Figure 81: Asea Brown Boveri Ltd. Financial Performance

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Frequently Asked Questions

What is the definition of the permanent magnet synchronous motor (PMSM) market?

How will the permanent magnet synchronous motor (PMSM) market drivers and restraints affect the permanent magnet synchronous motor (PMSM) market dynamics? What forces will shape the permanent magnet synchronous motor (PMSM) industry going forward?

The permanent magnet synchronous motor (PMSM) market major growth driver - Green Vehicle Surge Boosts The Permanent Magnet Synchronous Motor (PMSM) Market. For further insights on the permanent magnet synchronous motor (PMSM) market, request a sample here

What is the forecast market size or the forecast market value of the permanent magnet synchronous motor (PMSM) market?

The permanent magnet synchronous motor (PMSM) market size has grown strongly in recent years. It will grow from $27.01 billion in 2024 to $29.3 billion in 2025 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to electric vehicle (ev) and hybrid vehicle adoption, industrial automation and robotics, energy efficiency and green technology initiatives, increased use in hvac systems, advancements in magnet materials. The permanent magnet synchronous motor (PMSM) market size is expected to see strong growth in the next few years. It will grow to $40.4 billion in 2029 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to expansion of renewable energy applications, growth in ev charging infrastructure, smart grid and distributed energy systems, integration of PMSMs in household appliances, electrification of transportation. Major trends in the forecast period include rare-earth element recycling for magnets, pmsms with advanced sensor technology, adoption of silicon carbide (sic) power electronics, customized pmsm solutions for specific industries, smart motor diagnostics and predictive maintenance. For further insights on the permanent magnet synchronous motor (PMSM) market, request a sample here

How is the permanent magnet synchronous motor (PMSM) market segmented?

The permanent magnet synchronous motor (PMSM) market is segmented
1) By Type: Surface, Interior
2) By Capacity: 375-450 kW, 450-600 kW, Above 600 kW
3) By Voltage Range: Above 60V, 41V60V, 31V40V, 21V30V, 10V20V, 9V and below
4) By Application: Automation, Consumer Electronics, Residential and Commercial, Automotive and Transportation, Lab Equipment, Medical, Military and Aerospace Subsegments:
1) By Surface PMSM: Radial Flux Surface PMSM, Axial Flux Surface PMSM
2) By Interior PMSM: Radial Flux Interior PMSM, Axial Flux Interior PMSM, Synchronous Reluctance PMSMFor further insights on the permanent magnet synchronous motor (PMSM) market, request a sample here

Which region has the largest share of the permanent magnet synchronous motor (PMSM) market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the permanent magnet synchronous (PMSM) market in 2024 and is also expected to be the fastest-growing region in the forecast period. The regions covered in the permanent magnet synchronous motor (PMSM) market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. For further insights on the permanent magnet synchronous motor (PMSM) market, request a sample here.

Who are the major players in the permanent magnet synchronous motor (PMSM) market?

What are the key trends in the permanent magnet synchronous motor (PMSM) market?

Major trend in the permanent magnet synchronous motor (PMSM) market - Technological Advancements Propel The Evolution And Efficiency Of Permanent Magnet Synchronous Motors (PMSM). For further insights on the permanent magnet synchronous motor (PMSM) marke request a sample here.

What are the major opportunities in the permanent magnet synchronous motor (PMSM) market? What are the strategies for the permanent magnet synchronous motor (PMSM) market?

For detailed insights on the major opportunities and strategies in the permanent magnet synchronous motor (PMSM) market, request a sample here.

How does the permanent magnet synchronous motor (PMSM) market relate to the overall economy and other similar markets?

For detailed insights on permanent magnet synchronous motor (PMSM) market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the permanent magnet synchronous motor (PMSM) industry?

For detailed insights on the mergers and acquisitions in the permanent magnet synchronous motor (PMSM) industry, request a sample here.

What are the key dynamics influencing the permanent magnet synchronous motor (PMSM) market growth? SWOT analysis of the permanent magnet synchronous motor (PMSM) market.

For detailed insights on the key dynamics influencing the permanent magnet synchronous motor (PMSM) market growth and SWOT analysis of the permanent magnet synchronous motor (PMSM) industry, request a sample here.