The Business Research Company’s Permanent Magnet Synchronous Motor (PMSM) Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Permanent Magnet Synchronous Motor (PMSM) Global Market Report 2023 evaluates permanent magnet synchronous motor (pmsm) market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global permanent magnet synchronous motor (PMSM) market size grew from $23.77 billion in 2022 to $27.44 billion in 2023 at a compound annual growth rate (CAGR) of 15.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The permanent magnet synchronous motor (PMSM) market size is expected to grow to $48.6 billion in 2027 at a CAGR of 15.4%.

The permanent magnet synchronous motor (pmsm) market segments in the report are:
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

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Top 5 Major Key Players Are:
Siemens AG
Mitsubishi Electric Corporation
Toshiba Corp
Hitachi
ABB

Table Of Contents
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
5. Permanent Magnet Synchronous Motor (PMSM) Market Size And Growth
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26. Africa Permanent Magnet Synchronous Motor (PMSM) Market
27. Permanent Magnet Synchronous Motor (PMSM) Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Permanent Magnet Synchronous Motor (PMSM) Market
29. Permanent Magnet Synchronous Motor (PMSM) Market Future Outlook and Potential Analysis
30. Appendix

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