Permanent Magnet Motor Market
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Introduction<br />
• <strong>Permanent</strong> <strong>Magnet</strong> <strong>Motor</strong> <strong>Market</strong> is expected to garner $45.3 billion by<br />
2020, registering a CAGR of 11.7% during the period 2014-2020<br />
• The permanent magnet AC and DC motors are increasingly used in factory<br />
automation applications such as robotics and material handling, amongst<br />
the others<br />
• <strong>Permanent</strong> magnet AC motors (PMAC) are efficient, render precise speed<br />
control, has higher power density, and longer bearing & insulation life over<br />
AC induction motors<br />
• With the advent of robots for material handling, and the requirement of<br />
high precision work with minimal errors, would help the PM motors market<br />
to grow exponentially over the years<br />
• The improved efficiency of PM motors and their integration in automobiles<br />
and electric cars, dynamically supplement the growth of the permanent<br />
magnet motors market, globally
Change language