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Permanent Magnet Motor Market - Top Companies and Manufacturers

  • Report ID: 5170
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Companies Dominating the Permanent Magnet Motor Landscape

    • Collins Aerospace
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Rockwell Automation, Inc.
    • Moog Inc.
    • Brook Crompton UK Ltd.
    • WEG S.A.
    • Johnson Electric Holdings Limited
    • Franklin Electric Co., Inc.
    • Parker Hannifin Corporation
    • GKN Metallurgy
    • Bavde Engineering Ltd.
Browse Key Market Insights with Data Illustration:

In the News

  • Collins Aerospace has launched the first functional prototype of a 500 kW electric motor, especially for Airland 10 aircraft. The production was successfully conducted in partnership with the University of Nottingham and Hybrid Air Vehicles.
  • Bavde Engineering Ltd. an Indian automotive manufacturer announced the partnership with Israeli startup, EVR Motors to develop electric motors for the electric vehicle market.

Author Credits:  Dhruv Bhatia


  • Report ID: 5170
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of permanent magnet motor is evaluated at USD 55.89 billion.

The permanent magnet motor market size was over USD 51.71 billion in 2024 and is poised to exceed USD 180.64 billion by 2037, growing at over 10.1% CAGR during the forecast period i.e., between 2025-2037. Increasing demand for automated industrial equipment and the growing need for saving energy will drive the market growth.

Asia Pacific industry is poised to dominate majority revenue share of 34% by 2037, attributed to increasing investment in the automotive sector.

The major players in the market include Collins Aerospace, Rockwell Automation, Inc., Moog Inc., Brook Crompton UK Ltd., WEG S.A., Johnson Electric Holdings Limited, Franklin Electric Co., Inc., Parker Hannifin Corporation, GKN Metallurgy, Bavde Engineering Ltd.
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