Permanent Magnet Synchronous Motors Market: Industry Outlook, Growth Prospects and Key Opportunities 2020 - 2030
Transparency Market Research delivers key insights on the global permanent magnet synchronous motors market . In terms of revenue, the global permanent magnet synchronous motors market is estimated to expand at a CAGR of ~ 5% during the forecast period from 2020 to 2030, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global permanent magnet synchronous motors market report. In the report, TMR predicts that the global permanent magnet synchronous motors market would be largely driven by factors such as rising demand for high-efficiency motors. Innovation in technology and design of permanent magnet synchronous motors is expected to boost the demand in the coming years. According to the permanent magnet synchronous motors market report, the capacity segment includes 375 – 450 kW, 450 – 600 kW, and above 600 kW. On a global scale, the motor above 650 kW is the largest segment in terms of value. However, ...