Automotive Permanent Magnet Synchronus Motor Market, Global Outlook and Forecast 2024-2031

Report ID: 1637130 | Published Date: Jan 2025 | No. of Page: 73 | Base Year: 2024 | Rating: 4.3 | Webstory: Check our Web story

A permanent-magnet synchronous motor (PMSM) uses permanent magnets embedded in the steel rotor to create a constant magnetic field.
This report contains market size and forecasts of Automotive Permanent Magnet Synchronus Motor in global, including the following market information:
Global Automotive Permanent Magnet Synchronus Motor Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Automotive Permanent Magnet Synchronus Motor Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Automotive Permanent Magnet Synchronus Motor companies in 2021 (%)
The global Automotive Permanent Magnet Synchronus Motor market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Surface PMSM (SPMSM) Type Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Automotive Permanent Magnet Synchronus Motor include Johnson Electric Group (China), Kofu Meidensha Electric (Japan), Mitsubishi Heavy Industries (Japan), Myway Plus (Japan), Tsuzuki (Japan), Delta Group (Taiwan), Leonardo DRS (Italy), ABB (USA) and ZIEHL-ABEGG (Germany). etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Automotive Permanent Magnet Synchronus Motor manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Permanent Magnet Synchronus Motor Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Permanent Magnet Synchronus Motor Market Segment Percentages, by Type, 2021 (%)
Surface PMSM (SPMSM) Type
Interior PMSM (IPMSM) Type
Global Automotive Permanent Magnet Synchronus Motor Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Permanent Magnet Synchronus Motor Market Segment Percentages, by Application, 2021 (%)
Passenger Cars
Commercial Vehicles
Global Automotive Permanent Magnet Synchronus Motor Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Permanent Magnet Synchronus Motor Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Permanent Magnet Synchronus Motor revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Automotive Permanent Magnet Synchronus Motor revenues share in global market, 2021 (%)
Key companies Automotive Permanent Magnet Synchronus Motor sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Automotive Permanent Magnet Synchronus Motor sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Johnson Electric Group (China)
Kofu Meidensha Electric (Japan)
Mitsubishi Heavy Industries (Japan)
Myway Plus (Japan)
Tsuzuki (Japan)
Delta Group (Taiwan)
Leonardo DRS (Italy)
ABB (USA)
ZIEHL-ABEGG (Germany)

Frequently Asked Questions
Automotive Permanent Magnet Synchronus Motor Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Automotive Permanent Magnet Synchronus Motor Market report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Automotive Permanent Magnet Synchronus Motor Market report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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