AC synchronous motor, that receives field excitation by permanent magnets is termed as permanent magnet synchronous motor market. However, they have sinusoidal back-EMF. Furthermore, the permanent magnet synchronous motor (PMSM) is considered as a close relative of brushless DC (BLDC). PMSM are use on an array pf production machinery and tool since years, due to their capabilities such as durability as well as electric stability. The motor further ensures reliable performance.
Growing need for energy efficient motors is an important factors influencing the market growth. Moreover, rising demand for motors consuming low power worldwide is also driving the permanent magnet synchronous market. On the other hand, increasing emphasis on the maintenance and use of standard motors are likely to create greater opportunities in the future.
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The market has been segmented based on mounting type, application, power rating and geography. Based on mounting type market is segmented into horizontal mounting and inclined mounting motors. The applications assessed in the market research report includes ventilation systems, pumps, metals and mining, transportation, power, oil and gas, manufacturing, pulp and paper and others. Power rating both below and above 375k W has been covered in the report. Regions such as North America, Europe, Asia -Pacific and LAMEA are expected to tremendous growth during the next five to six years.
Key market players active in the market are DRS Technologies, Emerson, General Electric, Siemens AG, Meidensha, WEG, Mitsubishi Electric Corporation and Toshiba Corp.
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KEY BENEFITS FOR STAKEHOLDERS
- The market research report provides an integrated information on the major drivers, restraints and opportunities influencing the industry growth during the forecast period.
- The study further drills down to produce data volume by components, end customers and demography.
- SWOT analysis of major brands, highlights weaknesses, strengths, opportunities and threats. The data proves effective for business owners planning on designing their marketing and branding strategies.
- Region wise business performance discussed in the market research report would be valuable for enterprises planning to explore new areas.
- The report not only examines the market dynamics but also takes a closer look at the growth rate and industrial chain structure.
- Study further weigh up on the prominent market players and their business strategies to maintain their position.
- Assessment of upstream and downstream market also forms an important part of the report.
PERMANENT MAGNET SYNCHRONOUS MOTOR MARKET KEY SEGMENTS
Permanent Magnet Synchronous Motor Market – By Mounting Type
- Horizontal Mounting Motors
- Inclined Mounting Motors
Permanent Magnet Synchronous Motor Market – By Application
- Ventilation Systems
- Metals and Mining
- Oil and Gas
- Pulp and Paper
Permanent Magnet Synchronous Motor Market – By Power Rating
- Above 375k W
- Below 375k W
Permanent Magnet Synchronous Motor Market – By Geography
- North America
- Asia -Pacific
- DRS Technologies
- General Electric
- Siemens AG
- Mitsubishi Electric Corporation
- Toshiba Corp.
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