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.
Key Benefits of the <strong>Market</strong><br />
• The study indicates that the permanent magnet AC motors are widely used in<br />
industrial applications as compared to DC and Hermetic motors, whereas,<br />
permanent magnet DC motors are majorly used in the automobile industry<br />
• Neodymium magnet type is the most popular magnet in use, owing to its moderate<br />
cost and operating ability at high temperatures. Neodymium magnet type is<br />
estimated to grow at a CAGR of 10.8% during the forecast period<br />
• The presence of a large number of PM motor manufacturers in the Asia<br />
Pacificregion, generates a significant amount of revenue for the PM motors market<br />
here, as compared to other regions<br />
• The permanent magnet motors below 4.0 kW power range are used in various<br />
appliances with lower output voltages. Additionally, the motors between the power<br />
ranges of 22.0kW - 75.0 kW, are widely used in diverse applications ranging from<br />
automobiles to air conditioning devices<br />
• The increasing use of PM motors across diverse applications in factory automation,<br />
presently account for the highest revenue generating segment in the global market
Change language