Press release
Permanent Magnet Synchronous Motor (PMSM) Market Rises with Improved Revenue Growth
Permanent Magnet Synchronous Motor (PMSM) Market is expected to garner $31.1 billion by 2022, registering a CAGR of 10.9% during the forecast period 2016-2022.Get Full Summary of this report @ https://www.alliedmarketresearch.com/permanent-magnet-synchronous-motor-market
PMSMs are widely used in automation, consumer electronics, medical and lab equipment, and automotive amongst others. The automation sector is a significant revenue contributor to the PMSM market, accounting for over 30% of the overall revenue throughout the analysis period. This is attributable to the prominent role played by PMSM in the motion-control applications owing to its functionalities such as high efficiency, compact size, high power, and high torque-to-inertia ratio. From a revenue growth perspective, lab equipment would be the most lucrative application sector, owing to the to the high demand for PMSM from lab equipment manufacturers due to its high torque, speed, and reliability.
Major factors influencing the PMSM market growth are rising need and demand for energy-efficient low power-consuming motors, growing demand of PMSMs in industrial and agricultural sectors, and increasing awareness towards the use of green vehicles. Furthermore, increasing emphasis on the maintenance and use of standard motors is likely to create opportunities for PMSM market growth in the future.
Get PDF Brochure of this report @ https://www.alliedmarketresearch.com/request-sample/987
Key findings of the Permanent Magnet Synchronous Motor (PMSM) Market:
The automation sector is expected to lead the market during the forecast period, attributed to high efficiency, compact size, high power, and high torque-to-inertia ratio that PMSM provides.
PMSMs with voltage range 9V and below is expected to be the fastest growing product segment, in terms of revenue.
LAMEA is expected to register the highest growth over the forecast period.
Industry participants focus on introducing new products and acquisitions to strengthen their market share.
PMSM market comprises dominant players such as Baldor Electric Company, General Electric Company, and Siemens AG. These players focus on the development of new technology, launch of novel products with innovative variations, and acquisition as their key strategies to strengthen their position in the market.
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
Shriram Dighe
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1⟨855⟩550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Permanent Magnet Synchronous Motor (PMSM) Market Rises with Improved Revenue Growth here
News-ID: 1172775 • Views: …
More Releases from Allied Market Research
![Wi-Fi as a Service Market Future Scenarios to Reach $12.21 Billion by 2027 | At a CAGR of 17.6%](https://cdn.open-pr.com/L/8/L816418686_g.jpg)
Wi-Fi as a Service Market Future Scenarios to Reach $12.21 Billion by 2027 | At …
According to a recent report published by Allied Market Research, the global Wi-Fi as a service market was valued at $3.36 billion in 2019, and is projected to reach $12.21 billion by 2027, growing at a CAGR of 17.6% from 2020 to 2027.
Wi-Fi as a service (WaaS) is majorly used to manage the Wi-Fi operations and it generally comprises WLAN configuration, network implementation, hardware & software management, and network…
![Location Analytics Market Expected to Reach $31.13 Billion by 2027 | Top Players, Application and Forecast to 2032](https://cdn.open-pr.com/L/8/L816169046_g.jpg)
Location Analytics Market Expected to Reach $31.13 Billion by 2027 | Top Players …
According to a recent report published by Allied Market Research, The global location analytics market size was valued at $10.29 billion in 2019, and is projected to reach $31.13 billion by 2027, registering a CAGR of 15.5% from 2020 to 2027.
The growth of the global location analytics market is mainly driven by the proliferation of smartphones and upsurge in usage of GPS-enabled devices. In addition to this, factors such as…
![Cloud Orchestration Market to generate $105.07 billion by 2030, with a CAGR of 21.4%](https://cdn.open-pr.com/L/8/L816832817_g.jpg)
Cloud Orchestration Market to generate $105.07 billion by 2030, with a CAGR of 2 …
The cloud orchestration market size was valued at $14.98 billion in 2020, and is projected to reach $105.07 billion by 2030, registering a CAGR of 21.4%.
Asia-Pacific is expected to observe highest growth rate during the forecast period, due to the proliferation of connected systems fueled by ongoing trend of smart offices and homes in the region coupled with the government-driven infrastructural projects. The data generated by edge devices in different…
![Sports Tourism Market is Probable to Influence the Value of $1,803,704.0 million by 2030, Size, Share, Trends and Growth](https://cdn.open-pr.com/L/8/L816917093_g.jpg)
Sports Tourism Market is Probable to Influence the Value of $1,803,704.0 million …
The global sports tourism market size was valued at $323,420.0 million in 2020, and is projected to reach $1,803,704.0 million by 2030, registering a CAGR of 16.1% from 2021 to 2030
Get Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/13441
Sports tourism is defined as travel that includes either observing or participating in a sporting event while away from the tourists' usual surroundings. Traveling from one region, country, or state to…
More Releases for PMSM
Global Permanent Magnet Synchronous Motor (PMSM) Market Growth 2019-2024
A permanent magnet synchronous motor (PMSM) uses permanent magnets embedded in the steel rotor to create a constant magnetic field. The stator carries windings connected to an AC supply to produce a rotating magnetic field. At synchronous speed the rotor poles lock to the rotating magnetic field. Permanent magnet synchronous motors are similar to brushless DC motors.
Get Free Sample Copy of this Report : https://www.researchgoal.com/reports/99S7653191
With the development of technology, the…
Global Permanent Magnet Synchronous Motor (PMSM) Market Business Development, An …
Market.Biz Append Latest Research Report Entitled Global Permanent Magnet Synchronous Motor (PMSM) Market 2019 By Producers, Territory, Product Type And Use, Forecast To 2024 To Its Huge Report Database.
Complete overview of the Report@ https://market.biz/report/global-permanent-magnet-synchronous-motor-pmsm-market-sp/105660/
Permanent Magnet Synchronous Motor (PMSM) Market Report dispenses vital information interconnected to the comprehensive Permanent Magnet Synchronous Motor (PMSM) market and price estimate over the period, from 2019-2024. In this part, the specialists have given requisite figures…
2017-2022 Global Permanent Magnet Synchronous Motor (PMSM) Detailed Analysis Rep …
"The Report Global Permanent Magnet Synchronous Motor (PMSM) Detailed Analysis Report 2017-2022 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"
This report mainly introduces volume and value market share by players, by regions, by product type, by consumers and also their price change details. As a Detailed Analysis report, it covers all details inside analysis and opinion in Permanent Magnet Synchronous Motor…
Global Permanent Magnet Synchronous Motor (PMSM) Market Research Report 2017-202 …
Global Permanent Magnet Synchronous Motor (PMSM) Market Report 2017 is a professional and deep research report in this field. For overview analysis, the report introduces Permanent Magnet Synchronous Motor (PMSM) basic information including definition, classification, application, Market chain structure, Market overview, policy analysis, and news analysis, etc.
Read Complete Report @ http://www.marketresearchstore.com/report/global-permanent-magnet-synchronous-motor-pmsm-industry-market-128060
For technical data and manufacturing plants analysis, the report analyzes Permanent Magnet Synchronous Motor (PMSM) leading suppliers on capacity,…
Global Permanent Magnet Synchronous Motor (PMSM) Market 2021: Business Developme …
“Global Permanent Magnet Synchronous Motor (PMSM) Sales Market by Manufacturers, Regions, Type and Application, Forecast to 2021” Purchase This Report by calling ResearchnReports.com at +1-888-631-6977.
The Global Permanent Magnet Synchronous Motor (PMSM) Market 2016 Research Report is a professional in-depth study report and indeed a valuable source of guidance and direction for companies and individuals interested in the market.
There has been an increasing demand for Global Permanent Magnet Synchronous Motor…
Research Report Covers Global Permanent Magnet Synchronous Motor (PMSM) Market A …
Qyresearchreports include new market research report "Global Permanent Magnet Synchronous Motor (PMSM) Market Research Report 2016" to its huge collection of research reports.
A new market intelligence report offers a detailed overview of the global Permanent Magnet Synchronous Motor (PMSM) market, presenting insights into the primary growth prospects and potential opportunities. The research study provided a strong understanding of the global Permanent Magnet Synchronous Motor (PMSM) market by offering detailed information…