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(Transportation-News.com, October 18, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of global Permanent Magnet Synchronous Motor (PMSM) market for 2018-2023.
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.
Over the next five years, this report projects that Permanent Magnet Synchronous Motor (PMSM) will register a 9.1% CAGR in terms of revenue, reach US$ 21700 million by 2023, from US$ 12900 million in 2017.
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.
To calculate the market size, this report considers value and volume generated from the sales of the following segments:
Segmentation by product type:
0-20KW
20-200KW
Above 200KW
Segmentation by application:
Automotive
Elevator
Industry & Automation
This report also splits the market by region:
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:
MITSUBISHI
HITACHI
ABB
SIEMENS AG
GE
EMERSON
Bosch
MEIDENSHA
JJE
CONTINENTAL
ALSTOM
TOSHIBA
ZYEC
BROAD-OCEAN
XIZI FORVORDA
WEG S.A
HMC
JEUMONT
MT DIANJI
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 2013 to 2017, and forecast to 2023.
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.
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