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The Permanent Magnet Synchronous Motors Market report profiles the successive companies, which includes: – ABB Ltd., Alstrom, ATE antriebstechnik undentwicklungs GmbH & Co. KG, General Electric, Hansen Corporation, Hitachi, Ltd., Meidensha Corporation.
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- The global permanent magnet synchronous motor market is expected to witness growth rates of 5% till 2030.
- A blooming industrial sector and lenient government regulations will help the Asia Pacific region to remain lucrative
- The implementation of Minimum Energy Performance Standards (MEPs) and similar regulations have positively affected the market growth.
- Growing demand of permanent magnet synchronous motors in electric vehicles is a key driving factor
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- Electrical & Electronics
- Aerospace & Automotive
- Oil & Gas
Market Segment by Regions, regional analysis covers:
- North America
- Latin America
- East Asia
- South Asia & Oceania
- Middle East Africa
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