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Permanent Magnet Motor Market Forecast, 2016-2024
Permanent Magnet Motor Market Forecast, 2016-2024
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DC motors will dominate the overall PM motor market throughout
the forecast period of 2017-2024
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In the current scenario, the PMDC motors hold nearly 47%
of the overall market
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Asia-Pacific leads the world PM motor market, accounting for
more than 50% of the overall market revenue in 2016
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Factory automation permanent magnet motor market by region,
(2016, 2020, 2024)
A commercial
permanent motor
market is supposed
to grow with the
highest CAGR of
15.4% during the
forecast period.
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Permanent Magnet Motor Market Key Findings
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Key Vendor Profiles
Autotrol Corporation
Danaher Corporation
Baldor Electric Compan Inc.
Rockwell Automation, Inc.
Ametek Inc.
Allied Motion Technologies, Inc.
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Market By Geography
Africa
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