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A permanent magnet synchronous motor (PMSM) uses permanent magnets embedded in the steel rotor to create a constant magnetic field. The stator carries windings connected to an AC supply to produce a rotating magnetic field. At synchronous speed the rotor poles lock to the rotating magnetic field. Permanent magnet synchronous motors are similar to brushless DC motors.
With the development of technology, the global average price of Permanent Magnet Synchronous Motor is in the decreasing trend, from 15.37 USD/KW in 2011 to 14.27 USD/KW in 2015. With the situation of global economy, prices will be in decreasing trend in the following five years.
Permanent Magnet Synchronous Motor is widely used in Industry & Automation, Automotive, Elevator and Other industry. The most proportion of Permanent Magnet Synchronous Motor is Industry & Automation, with 71.45% market share in 2015. Automotive is the most potential one with growth rate above 10%.
China is the largest consumption place of Permanent Magnet Synchronous Motor, with a consumption market share nearly 31.26% in 2015. RoA is the second largest consumption of Permanent Magnet Synchronous Motor, enjoying consumption market share nearly 19.76% in 2015.
According to this study, over the next five years the Permanent Magnet Synchronous Motor (PMSM) market will register a 8.0% CAGR in terms of revenue, the global market size will reach US$ 15700 million by 2024, from US$ 9870 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Permanent Magnet Synchronous Motor (PMSM) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Permanent Magnet Synchronous Motor (PMSM) market by product type, application, key manufacturers and key regions and countries.
This study considers the Permanent Magnet Synchronous Motor (PMSM) value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
<5Kw
5-10Kw
10-50Kw
＞50Kw
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Automotive
Elevator
Industry & Automation
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Mitsubishi Electric
HITACHI
ABB
SIEMENS AG
GE
Bosch
MEIDENSHA
JJE
CONTINENTAL
ALSTOM
BROAD-OCEAN
TOSHIBA
XIZI FORVORDA
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Permanent Magnet Synchronous Motor (PMSM) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Permanent Magnet Synchronous Motor (PMSM) market by identifying its various subsegments.
Focuses on the key global Permanent Magnet Synchronous Motor (PMSM) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Permanent Magnet Synchronous Motor (PMSM) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Permanent Magnet Synchronous Motor (PMSM) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
2019-2024 Global Permanent Magnet Synchronous Motor (PMSM) Consumption Market Report
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Permanent Magnet Synchronous Motor (PMSM) Consumption 2014-2024
2.1.2 Permanent Magnet Synchronous Motor (PMSM) Consumption CAGR by Region
2.2 Permanent Magnet Synchronous Motor (PMSM) Segment by Type
2.2.1 <5Kw
2.2.2 5-10Kw
2.2.3 10-50Kw
2.2.4 ＞50Kw
2.3 Permanent Magnet Synchronous Motor (PMSM) Consumption by Type
2.3.1 Global Permanent Magnet Synchronous Motor (PMSM) Consumption Market Share by Type (2014-2019)
2.3.2 Global Permanent Magnet Synchronous Motor (PMSM) Revenue and Market Share by Type (2014-2019)
2.3.3 Global Permanent Magnet Synchronous Motor (PMSM) Sale Price by Type (2014-2019)
2.4 Permanent Magnet Synchronous Motor (PMSM) Segment by Application
2.4.1 Automotive
2.4.2 Elevator
2.4.3 Industry & Automation
2.5 Permanent Magnet Synchronous Motor (PMSM) Consumption by Application
2.5.1 Global Permanent Magnet Synchronous Motor (PMSM) Consumption Market Share by Application (2014-2019)
2.5.2 Global Permanent Magnet Synchronous Motor (PMSM) Value and Market Share by Application (2014-2019)
2.5.3 Global Permanent Magnet Synchronous Motor (PMSM) Sale Price by Application (2014-2019)
3 Global Permanent Magnet Synchronous Motor (PMSM) by Players
3.1 Global Permanent Magnet Synchronous Motor (PMSM) Sales Market Share by Players
3.1.1 Global Permanent Magnet Synchronous Motor (PMSM) Sales by Players (2017-2019)
3.1.2 Global Permanent Magnet Synchronous Motor (PMSM) Sales Market Share by Players (2017-2019)
3.2 Global Permanent Magnet Synchronous Motor (PMSM) Revenue Market Share by Players
3.2.1 Global Permanent Magnet Synchronous Motor (PMSM) Revenue by Players (2017-2019)
3.2.2 Global Permanent Magnet Synchronous Motor (PMSM) Revenue Market Share by Players (2017-2019)
3.3 Global Permanent Magnet Synchronous Motor (PMSM) Sale Price by Players
3.4 Global Permanent Magnet Synchronous Motor (PMSM) Manufacturing Base Distribution, Sales Area, Product Types by Players
3.4.1 Global Permanent Magnet Synchronous Motor (PMSM) Manufacturing Base Distribution and Sales Area by Players
3.4.2 Players Permanent Magnet Synchronous Motor (PMSM) Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 Permanent Magnet Synchronous Motor (PMSM) by Regions
4.1 Permanent Magnet Synchronous Motor (PMSM) by Regions
4.1.1 Global Permanent Magnet Synchronous Motor (PMSM) Consumption by Regions
4.1.2 Global Permanent Magnet Synchronous Motor (PMSM) Value by Regions
4.2 Americas Permanent Magnet Synchronous Motor (PMSM) Consumption Growth
4.3 APAC Permanent Magnet Synchronous Motor (PMSM) Consumption Growth
4.4 Europe Permanent Magnet Synchronous Motor (PMSM) Consumption Growth
4.5 Middle East & Africa Permanent Magnet Synchronous Motor (PMSM) Consumption Growth
5 Americas
5.1 Americas Permanent Magnet Synchronous Motor (PMSM) Consumption by Countries
5.1.1 Americas Permanent Magnet Synchronous Motor (PMSM) Consumption by Countries (2014-2019)
5.1.2 Americas Permanent Magnet Synchronous Motor (PMSM) Value by Countries (2014-2019)
5.2 Americas Permanent Magnet Synchronous Motor (PMSM) Consumption by Type
5.3 Americas Permanent Magnet Synchronous Motor (PMSM) Consumption by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries
6 APAC
6.1 APAC Permanent Magnet Synchronous Motor (PMSM) Consumption by Countries
6.1.1 APAC Permanent Magnet Synchronous Motor (PMSM) Consumption by Countries (2014-2019)
6.1.2 APAC Permanent Magnet Synchronous Motor (PMSM) Value by Countries (2014-2019)
6.2 APAC Permanent Magnet Synchronous Motor (PMSM) Consumption by Type
6.3 APAC Permanent Magnet Synchronous Motor (PMSM) Consumption by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Countries
7 Europe
7.1 Europe Permanent Magnet Synchronous Motor (PMSM) by Countries
7.1.1 Europe Permanent Magnet Synchronous Motor (PMSM) Consumption by Countries (2014-2019)
7.1.2 Europe Permanent Magnet Synchronous Motor (PMSM) Value by Countries (2014-2019)
7.2 Europe Permanent Magnet Synchronous Motor (PMSM) Consumption by Type
7.3 Europe Permanent Magnet Synchronous Motor (PMSM) Consumption by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
7.9 Spain
7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
8.1 Middle East & Africa Permanent Magnet Synchronous Motor (PMSM) by Countries
8.1.1 Middle East & Africa Permanent Magnet Synchronous Motor (PMSM) Consumption by Countries (2014-2019)
8.1.2 Middle East & Africa Permanent Magnet Synchronous Motor (PMSM) Value by Countries (2014-2019)
8.2 Middle East & Africa Permanent Magnet Synchronous Motor (PMSM) Consumption by Type
8.3 Middle East & Africa Permanent Magnet Synchronous Motor (PMSM) Consumption by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends
10 Marketing, Distributors and Customer
10.1 Sales Channel
10.1.1 Direct Channels
10.1.2 Indirect Channels
10.2 Permanent Magnet Synchronous Motor (PMSM) Distributors
10.3 Permanent Magnet Synchronous Motor (PMSM) Customer
11 Global Permanent Magnet Synchronous Motor (PMSM) Market Forecast
11.1 Global Permanent Magnet Synchronous Motor (PMSM) Consumption Forecast (2019-2024)
11.2 Global Permanent Magnet Synchronous Motor (PMSM) Forecast by Regions
11.2.1 Global Permanent Magnet Synchronous Motor (PMSM) Forecast by Regions (2019-2024)
11.2.2 Global Permanent Magnet Synchronous Motor (PMSM) Value Forecast by Regions (2019-2024)
11.2.3 Americas Consumption Forecast
11.2.4 APAC Consumption Forecast
11.2.5 Europe Consumption Forecast
11.2.6 Middle East & Africa Consumption Forecast
11.3 Americas Forecast by Countries
11.3.1 United States Market Forecast
11.3.2 Canada Market Forecast
11.3.3 Mexico Market Forecast
11.3.4 Brazil Market Forecast
11.4 APAC Forecast by Countries
11.4.1 China Market Forecast
11.4.2 Japan Market Forecast
11.4.3 Korea Market Forecast
11.4.4 Southeast Asia Market Forecast
11.4.5 India Market Forecast
11.4.6 Australia Market Forecast
11.5 Europe Forecast by Countries
11.5.1 Germany Market Forecast
11.5.2 France Market Forecast
11.5.3 UK Market Forecast
11.5.4 Italy Market Forecast
11.5.5 Russia Market Forecast
11.5.6 Spain Market Forecast
11.6 Middle East & Africa Forecast by Countries
11.6.1 Egypt Market Forecast
11.6.2 South Africa Market Forecast
11.6.3 Israel Market Forecast
11.6.4 Turkey Market Forecast
11.6.5 GCC Countries Market Forecast
11.7 Global Permanent Magnet Synchronous Motor (PMSM) Forecast by Type
11.8 Global Permanent Magnet Synchronous Motor (PMSM) Forecast by Application
12 Key Players Analysis
12.1 Mitsubishi Electric
12.1.1 Company Details
12.1.2 Permanent Magnet Synchronous Motor (PMSM) Product Offered
12.1.3 Mitsubishi Electric Permanent Magnet Synchronous Motor (PMSM) Sales, Revenue, Price and Gross Margin (2017-2019)
12.1.4 Main Business Overview
12.1.5 Mitsubishi Electric News
12.2 HITACHI
12.2.1 Company Details
12.2.2 Permanent Magnet Synchronous Motor (PMSM) Product Offered
12.2.3 HITACHI Permanent Magnet Synchronous Motor (PMSM) Sales, Revenue, Price and Gross Margin (2017-2019)
12.2.4 Main Business Overview
12.2.5 HITACHI News
12.3 ABB
12.3.1 Company Details
12.3.2 Permanent Magnet Synchronous Motor (PMSM) Product Offered
12.3.3 ABB Permanent Magnet Synchronous Motor (PMSM) Sales, Revenue, Price and Gross Margin (2017-2019)
12.3.4 Main Business Overview
12.3.5 ABB News
12.4 SIEMENS AG
12.4.1 Company Details
12.4.2 Permanent Magnet Synchronous Motor (PMSM) Product Offered
12.4.3 SIEMENS AG Permanent Magnet Synchronous Motor (PMSM) Sales, Revenue, Price and Gross Margin (2017-2019)
12.4.4 Main Business Overview
12.4.5 SIEMENS AG News
12.5 GE
12.5.1 Company Details
12.5.2 Permanent Magnet Synchronous Motor (PMSM) Product Offered
12.5.3 GE Permanent Magnet Synchronous Motor (PMSM) Sales, Revenue, Price and Gross Margin (2017-2019)
12.5.4 Main Business Overview
12.5.5 GE News
12.6 Bosch
12.6.1 Company Details
12.6.2 Permanent Magnet Synchronous Motor (PMSM) Product Offered
12.6.3 Bosch Permanent Magnet Synchronous Motor (PMSM) Sales, Revenue, Price and Gross Margin (2017-2019)
12.6.4 Main Business Overview
12.6.5 Bosch News
12.7 MEIDENSHA
12.7.1 Company Details
12.7.2 Permanent Magnet Synchronous Motor (PMSM) Product Offered
12.7.3 MEIDENSHA Permanent Magnet Synchronous Motor (PMSM) Sales, Revenue, Price and Gross Margin (2017-2019)
12.7.4 Main Business Overview
12.7.5 MEIDENSHA News
12.8 JJE
12.8.1 Company Details
12.8.2 Permanent Magnet Synchronous Motor (PMSM) Product Offered
12.8.3 JJE Permanent Magnet Synchronous Motor (PMSM) Sales, Revenue, Price and Gross Margin (2017-2019)
12.8.4 Main Business Overview
12.8.5 JJE News
12.9 CONTINENTAL
12.9.1 Company Details
12.9.2 Permanent Magnet Synchronous Motor (PMSM) Product Offered
12.9.3 CONTINENTAL Permanent Magnet Synchronous Motor (PMSM) Sales, Revenue, Price and Gross Margin (2017-2019)
12.9.4 Main Business Overview
12.9.5 CONTINENTAL News
12.10 ALSTOM
12.10.1 Company Details
12.10.2 Permanent Magnet Synchronous Motor (PMSM) Product Offered
12.10.3 ALSTOM Permanent Magnet Synchronous Motor (PMSM) Sales, Revenue, Price and Gross Margin (2017-2019)
12.10.4 Main Business Overview
12.10.5 ALSTOM News
12.11 BROAD-OCEAN
12.12 TOSHIBA
12.13 XIZI FORVORDA
13 Research Findings and Conclusion
List of Tables and Figures
Figure Picture of Permanent Magnet Synchronous Motor (PMSM)
Table Product Specifications of Permanent Magnet Synchronous Motor (PMSM)
Figure Permanent Magnet Sy
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