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Permanent Magnet Synchronous Motor Market by Mounting Type, Power Rating, by Application, by Region - Global Trends & Forecasts to 2020

Permanent Magnet Synchronous Motor Market: Forecasts until 2020

  • August 2015
  • 143 pages
  • ID: 3171279
In this report:
France is expected to grow at a CAGR of ##.##% from 2015 to 2020, whereas Rest of Europe is expected to exhibit a CAGR of ##.##% during the same period.
The commercial sector is expected to grow at the highest CAGR of ##.##% during the forecast period, followed by the oil & gas segment at a CAGR of ##.##% from 2015 to 2020.

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This market report estimates the Permanent Magnet Synchronous Motor market in terms of value significance in USD million. The industry has been broken down into regions, and further split into territories.

The use of energy-efficient motors and demand for low power consumption ones motors across the world would drive the PMSM market. The PMSM is a rotating electric machine where the stator is a classic three-phase stator type, that of an induction motor, and the rotor has permanent magnets, hence the name PMSM. The use of a permanent magnet is to generate a substantial air gap magnetic flux that makes it possible to design highly efficient PM motors. It has dedicated motor control peripherals, high energy efficiency, and extensive motor control capability. The PMSM market is projected to register a high increase rate as it requires the same maintenance similar to standard motors. It also delivers comparatively more advantages, and thus, can be used in diverse applications. The PMSM market has been analyzed on the basis of mounting type, power rating, and application.

The size of the global market has been determined by forecast techniques, established on region-wise demand for PMSMs used in distinct applications including oil & gas, industrial & manufacturing market, power generation, transportation, and commercial among others. The sector is anticipated to grow at a compound annual growth rate (CAGR) of approximately 10.60 percent between 2015 and 2022.

The market research offers a full review of top firms and competitive study of developments recorded in the market during the past four years. Sector drivers, industry restraints, and opportunities of the market have been discussed in detail. The leading actors of the market including ABB Ltd. (NYSE:ABB), Alstom, Emerson, Siemens (SIA), General Electric (NYSE:GE), Mitsubishi Electric (TSE:6503), WEG, DRS Technologies, Meidensha, and Toshiba Corp. have been described in this business report.

Scope of the report: This analysis estimates the overall PMSM market in terms of application, mounting type, and power rating until 2020. It also provides a in-depth qualitative and quantitative analysis of this market. This industry report offers a comprehensive review of the main market drivers, market restraints, alternatives, opportunities, and main issues of the market. It also includes several important aspects of the market, containing an review of value chain, Porter's Five Forces model, opposing landscape, market forces, industry estimates in terms of value importance, and next trends in the PMSM market.

Different secondary sources including encyclopedias, directories, and databases have been used to identify and collect info that was useful for this extensive commercial study of the overall PMSM market. Primary sources, experts, manufacturers, and service providers from the sector have been interviewed to obtain and verify critical data as well as assess future prospects of the overall PMSM market.

On the basis of application type: Oil & Gas, Industrial & Manufacturing, Metals & Mining, Power, Paper & Pulp, Pumps & Ventilation Systems, Transportation, and Commercial

On the basis of mounting type: Horizontal Mounting and Vertical Mounting

On the basis of power rating: Below 375kW and Above 375kW

On the basis of area: The whole Americas, Europe (EU), Asia Pacific (APAC), and the Middle-East & African continent

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