• Powered by Crown Equity Holdings Inc.
      • crown-logo

        Crown Equity Holdings Inc. is publicly traded with the symbol CRWE. The Company primarily provides and offers advertising, branding, marketing solutions and services to boost customer awareness, as well as merchant visibility as a worldwide online multi-media publisher. For list of services offered click here

Post on CRWE World Login
logo Fairfield, UNITED STATES
header-img
  • Home
  • News
  • World
      • World News
      • Español
  • Politics
      • U.S. Legislators
      • Political News
  • Sports
  • Business
      • Markets
      • Hottest Stocks Today
      • CRWEWorld Stocks
      • Blockchain
      • Regulatory
      • Accounting
      • Fundraising Campaigns
      • IPOs
      • Money
      • Career
  • Tech
      • Tech
      • Science
  • Living
      • Arts & Entertainment
      • Family
      • Food
      • Pets
      • Seniors
      • Fashion/Fitness
      • Home & Garden
  • Health
      • Health
      • Pharma & Biotech
  • Opinion
      • Finance
      • Law
      • Healthcare
      • Cannabidiol (CBD)
      • Fashion
      • Podcasts
      • Tech
      • Music
  • Travel
  • Local
      • News
      • Trending Now
      • Real Estate
      • Coupons & Deals
      • Business Directory
  • Jobs
  • More
      • Business 2 Business
      • Press Releases
      • Press Releases Pricing
      • News from GlobeNewswire
      • News from PR Newswire
      • News from Business Wire
      • News from Accesswire
      • Video Channels
      • Beauty
      • Business
      • Comedy
      • Entertainment
      • Fashion
      • Featured
      • Health
      • Instructional
      • News
      • Politics
      • Sports
      • Technology
      • Entertainment
      • Horoscope
      • Sudoku
      • Crossword
      • Games
      • Chat
      • Affiliate | How It Works
      • Join CRWE WORLD Affiliate Program
      • CRWE WORLD Advertising Services Rate
      • Crown Equity Holdings' Overview
      • CRWEWorld Real-Time Global Visitors
      • Content Delivery Solution
        • Contact Us
  • More

Change City


-- OR --
load
load
/assets/img/hottest3.png
/assets/img/hottest2.png

/assets/img/reef2.png
/assets/img/red-line.jpg
/assets/img/reef.png
  • Home
  • Articles
  • Press Releases
21ьз╕ Cweather-icon
/assets/img/hottest3.png
/assets/img/hottest2.png

/assets/img/reef2.png
/assets/img/red-line.jpg
/assets/img/reef.png

Global Permanent Magnet Motors Industry: Analysis & Forecasts 2024

Press Releases2017-11-15
2 Views

The Global Permanent Magnet Motor Market was valued at $28.24billion in 2016, and is projected to reach $74.33 billion by 2024, having a CAGR of 13.2% during the forecast period of 2017 to 2024.

A permanent magnet is an object made from a material that is magnetized and generates its own determined magnetic field. As permanent magnets do not require continuous electrical energy to maintain their electric field, the PM motors are favored over electromagnetic motors. The magnets which are used in permanent magnet motors are the derivative of rare earth metals. Basically, a permanent magnet motor acts as a synchronous machine having a magnetic excitation on its rotor. The continuous need for an increased power density is actually leading to a growing demand for high speed permanent magnet motors. There are various kinds of permanent magnet motors, including AC motors, DC motors and hermetic motors which are used for specific purposes.

Request a sample copy of Permanent Magnet Motor Market Report @https://www.bharatbook.com/request-sample/957058 

Market Determinants

An increasing demand of electric motors in industrial and agricultural sector coupled with reduced power consumption by the use of PM motors are the major factors which are driving the permanent magnet motor market growth. Moreover, rising awareness regarding green vehicles is also helping the permanent motor market to grow rapidly. In addition to this, the low cost of permanent magnets is leading to the reduction in the cost of PM motors. Global quantity of rare earth element oxides is estimated to be 110 million metric tons, which primarily occur, in China, Russia, the United States, India, and Australia. Moreover, exploration for additional REE deposits is ongoing, therefore, the world’s known, in-the-ground resources of REEs are likely to increase, leading to reduction in their costs. However, the complex procedure of circuiting construction can limit the use of these motors in various application. Additionally, uncertain production and limited availability of rare earth materials can negatively influence the market growth. On the other hand, continuous rise in the growth of oil and gas industry can act as a future opportunity to the market growth.

Segment Analysis

The permanent magnet motor market is segmented on the basis of motor type, magnet type, application, power range and geography. By motor type, the market is segmented into alternating current (AC) motors, direct Current (DC) motors and hermetic motors. On the basis of magnet type, the market is segmented as neodymium (NdFeB), samarium cobalt (SmCo5 and Sm2Co17) and ferrite. By power range the market is segmented into (below 4.0 kW), (4.0 kW-22.0 kW), (22 kW-75 kW) and (above 75 kW). Geographically, the market is bifurcated into North America, Europe, Asia-Pacific and Rest of World. As a result of their high power density, reliability, efficiency, maintenance free nature and silent operation, permanent magnet (PM) motors have been widely used in a variety of applications such as factory automation, consumer, office automation, commercial, lab equipment, medical and military/Aero.

The alternating current or (PMAC) motors are supposed to witness the fastest growth, having a CAGR of 15% throughout the forecast period, accounting to its low cost and light weight. According to a research done by Idaho National laboratory (INL), AC motors are much more efficient than DC motors and can exhibit an efficiency of 95% at full load.
Some major market players of the permanent magnet motor market are Toshiba Corporation, Autotrol Corporation, Danaher Corporation, Baldor Electric Company, Inc., Siemens, Rockwell Automation, Inc., Ametek Inc., Allied Motion Technologies, Inc., Johnson Electric Holdings Ltd. and Franklin Electric Co., Inc.

GLOBAL PERMANENT MAGNET MOTOR MARKET SEGMENTATION

By Motor Type
• Alternating Current Motor
• Direct Current Motor
• Hermetic Motors

By Magnet Type
• Neodymium (NdFeB)
• Samarium Cobalt (SmCo5 and Sm2Co17)
• Ferrite

By Application
• Factory Automation
• Consumer
• Office automation
• Commercial
• Lab equipment
• Medical
• Military/Aero

By Geography
• North America
• Europe
• Asia-Pacific
• Rest of World

To read the complete report, click the link:https://www.bharatbook.com/consumer-electronics-market-research-reports-957058/permanent-magnet-motor.html 

KEY MARKET PLAYERS

• Toshiba Corporation,
• Autotrol Corporation
• Danaher Corporation
• Baldor Electric Company, Inc.
• Siemens
• Rockwell Automation, Inc.
• Ametek Inc.
• Allied Motion Technologies, Inc.
• Johnson Electric Holdings Ltd.
• Franklin Electric Co., Inc.

About Bharat Book Bureau:

Bharat Book Bureau is the leading market research information provider for market research reports, company profiles, industry study, country reports, business reports, newsletters and online databases. Bharat Book Bureau provides over a million reports from more than 400 publishers around the globe. We cover sectors starting from Aeronautics to Zoology.

Contact us at:
Bharat Book Bureau
Tel: +91 22 27810772 / 27810773
Email:poonam@bharatbook.com
Website:www.bharatbook.com

Follow us on :Twitter, Facebook, LinkedIn, Google Plus

The Views and Opinions expressed in this article are the author's own and do not necessarily reflect those of this Web-Site or its agents, affiliates, officers, directors, staff, or contractors.

XPeng (NYSE: XPEV) Unveils Beta Version Navigation Guided Pilot Function





/assets/img/cw-stocks.png

/assets/img/wysh-jewels.png

/assets/img/hjli.png

/assets/img/Mars-Parachute-2.png

/assets/img/crweworld-podcast.jpg
Sponsored
Also read
Covid-19: France begins 6pm curfew
Biden to use executive actions to roll back Trump policies on 1st day in office
SLS: Nasa's 'megarocket' engine test ends early
Detenida en Beasain por herir a su pareja con un cuchillo
Cinco detenidos en una fiesta ilegal en una lonja en Bilbao por agredir a agentes de la Ertzaintza
Impeachment: qué pasó con los otros presidentes de Estados Unidos que han enfrentado un juicio político (y qué consecuencias tuvo para su legado)
ROSEN, LEADING GLOBAL INVESTOR COUNSEL, Reminds QuantumScape Corporation Investors of Important March 8 Deadline in Securities Class Action; Encourages Investors with Losses in Excess of $100K to Contact Firm - QS
ROSEN, GLOBALLY RECOGNIZED INVESTOR COUNSEL, Reminds CD Projekt S.A. Investors of Important February 22 Deadline in Securities Class Action First Filed by the Firm; Encourages Investors with Losses in Excess of $100K to Contact Firm - OTGLY, OTGLF


Post on CRWE WorldSign Up for Free E-mail Updates
  • Real Estate Eagle Firm, Real Estate
Signup for free email updates
/assets/img/wall-street-rect2.png
/assets/img/wall-street-sq.png



Join with us
Live Traffic Feed
About CrweWorld
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Finance Disclaimer
  • Jobs
Subscribe for newsletter
3+2
Contact Info
  • contact@crweworld.com

  • P: (702) 683-8946

  • P: (702) 810-0178

  • 11226 Pentland Downs St, Las Vegas, NV 89141

Tweets by CrweWorld
Tweets by @CrweWorld
  • © 2021 crweworld.com
ad1

/assets/images/ad/crwe_tech.jpg

Your Technology Source, Your Technology Team

Server Maintenance, Web Development, Mobile Application Solutions, SEO Services and more

Contact Us: contact@crwetech.com

www.CRWETech.com

ad2

/assets/images/ad/content-delivery-solution.jpg

 

Our content delivery solution through CRWE WORLD, CRWE Press Release and CRWE Tube gives corporations and businesses a vehicle to expand their exposure

CLICK HERE FOR MORE INFORMATION

ad3

/assets/img/crwe_info.png

CRWE Info ( CRWE.Info ) provides news and updates about Crown Equity Holdings Inc. and the CRWE World platform

www.crwe.info

ad4

/assets/images/ad/crwetube.png

Share your videos. Upload your videos for free on CRWETube

www.CRWETube.com

ad5

/assets/images/ad/ad4.png

 

Place Your Ad Here! Advertise your business online on CRWE WORLD. Your Company, product, or service in front of the world!

Contact Us: contact@crweworld.com

www.CRWEWorld.com

Advertisements

/assets/images/ad/crwe_tech.jpg

Your Technology Source, Your Technology Team

Server Maintenance, Web Development, Mobile Application Solutions, SEO Services and more

Contact Us: contact@crwetech.com

www.CRWETech.com

/assets/images/ad/content-delivery-solution.jpg

 

Our content delivery solution through CRWE WORLD, CRWE Press Release and CRWE Tube gives corporations and businesses a vehicle to expand their exposure

CLICK HERE FOR MORE INFORMATION

/assets/img/crwe_info.png

CRWE Info ( CRWE.Info ) provides news and updates about Crown Equity Holdings Inc. and the CRWE World platform

www.crwe.info

/assets/images/ad/crwetube.png

Share your videos. Upload your videos for free on CRWETube

www.CRWETube.com

/assets/images/ad/ad4.png

 

Place Your Ad Here! Advertise your business online on CRWE WORLD. Your Company, product, or service in front of the world!

Contact Us: contact@crweworld.com

www.CRWEWorld.com

CRWE WORLD Advertising Services RateJoin CRWE WORLD Affiliate Program