Market Overview:
The global IE4 permanent magnet synchronous motors market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for energy-efficient electric motors across different industries. In addition, the growing awareness about the benefits of using IE4 permanent magnet synchronous motors is also contributing to the growth of this market. Based on type, the global IE4 permanent magnet synchronous motors market can be segmented into 200 kW segments.
Product Definition:
IE4 Permanent Magnet Synchronous Motors are high-efficiency motors that use permanent magnets to achieve synchronous speed. They are important for applications where high efficiency and low emissions are required, such as in electric vehicles and wind turbines.
The global market for permanent magnet synchronous motors (PMSM) with power less than 20 kW was valued at USD 6.5 billion in 2015 and is expected to witness significant growth over the forecast period owing to its rising usage in electric vehicles (EVs). The growing need for energy-efficient motors has led manufacturers to develop innovative products that are cost-effective, durable, and have a long service life. This factor is anticipated to drive industry growth over the next seven years.
20-200 kW:
20-200 kW is a range of power rating for electric motors used in heavy equipment such as cranes, construction machinery and rail road vehicles. The 20-200 kW electric motor has the ability to produce ample torque to move heavy loads over short distances. These types of motors are widely used in applications that require high power density with low speed operation like railway vehicles and construction machinery.
Application Insights:
The application segment includes automotive, machinery, oil & gas compressor industries and others. The automobile industry was the largest consumer of synchronous motors in 2015. This application segment is expected to witness a CAGR of XX% from 2016 to 2030 owing largely to its high energy efficiency and low maintenance cost as compared with other types of electric motors.
The permanent magnet synchronous motor has been widely used for applications such as material handling in the warehouse sector; heavy-duty industrial equipment; agricultural equipment including tractors, harvesters and combines; mining trucks among others owing to its ability provide torque at low speeds without the need for a gearbox or transmission system. These advantages are further complemented by their compactness, light weight and easy installation characteristics which have resulted in their extensive use across numerous industries worldwide.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing market, registering a CAGR of XX% from 2018 to 2030. The growth can be attributed to increasing industrialization and rapid urbanization in emerging economies such as China and India. In addition, rising demand for electric vehicles has led major manufacturers including Tesla Motors Inc.; BMW AG; Volkswagen Group; Nissan Motor Corporation; and others to establish their manufacturing facilities in Asia Pacific region owing to low labor costs as compared to North America or Europe. This will further boost the product demand over the forecast period.
Europe was estimated at USD X million in 2017 owing high product utilization across several industries including aerospace & defense, marine machinery, rail equipment among others which are characterized by stringent government regulations regarding pollution levels in motor operations/engines used for power generation purposes (pollution less than 0 dB(A)).
Growth Factors:
- Increasing demand for IE4 Permanent Magnet Synchronous Motors in the automotive industry for electric vehicles and hybrid electric vehicles.
- Growing demand from the industrial sector for energy-efficient motors with high power density.
- Rising popularity of IE4 Permanent Magnet Synchronous Motors in renewable energy applications such as wind turbines and solar photovoltaic systems.
- Rapid growth of the robotics market, which is expected to drive demand for high-performance IE4 motors in automation and robotics applications.
Scope Of The Report
Report Attributes
Report Details
Report Title
IE4 Permanent Magnet Synchronous Motors Market Research Report
By Type
<20 kW, 20-200 kW, >200 kW
By Application
Automotive, Machinery, Oil & Gas, Compressor Industries
By Companies
ABB , Bharat Bijlee, Danfoss, Fuji Electric, Hitachi , Kienle + Spiess, Lafert, Merkes, Nidec, NORD, O.M.E., OEMER, Siemens, Toshiba, VEM , WEG
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global IE4 Permanent Magnet Synchronous Motors Market Report Segments:
The global IE4 Permanent Magnet Synchronous Motors market is segmented on the basis of:
Types
<20 kW, 20-200 kW, >200 kW
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Machinery, Oil & Gas, Compressor Industries
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ABBÂ
- Bharat Bijlee
- Danfoss
- Fuji Electric
- HitachiÂ
- Kienle + Spiess
- Lafert
- Merkes
- Nidec
- NORD
- O.M.E.
- OEMER
- Siemens
- Toshiba
- VEMÂ
- WEG
Highlights of The IE4 Permanent Magnet Synchronous Motors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- <20 kW
- 20-200 kW
- >200 kW
- By Application:
- Automotive
- Machinery
- Oil & Gas
- Compressor Industries
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the IE4 Permanent Magnet Synchronous Motors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
IE4 Permanent Magnet Synchronous Motors are a type of electric motor that uses permanent magnets to create rotational motion. These motors are typically used in applications where high power and efficiency are required, such as industrial machinery and vehicles. IE4 Permanent Magnet Synchronous Motors offer a number of advantages over other types of electric motors, including increased reliability and reduced noise levels.
Some of the key players operating in the ie4 permanent magnet synchronous motors market are ABB‚Â , Bharat Bijlee, Danfoss, Fuji Electric, Hitachi‚Â , Kienle + Spiess, Lafert, Merkes, Nidec, NORD, O.M.E., OEMER, Siemens, Toshiba, VEM‚Â , WEG.
The ie4 permanent magnet synchronous motors market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. IE4 Permanent Magnet Synchronous Motors Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. IE4 Permanent Magnet Synchronous Motors Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. IE4 Permanent Magnet Synchronous Motors Market - Supply Chain
4.5. Global IE4 Permanent Magnet Synchronous Motors Market Forecast
4.5.1. IE4 Permanent Magnet Synchronous Motors Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. IE4 Permanent Magnet Synchronous Motors Market Size (000 Units) and Y-o-Y Growth
4.5.3. IE4 Permanent Magnet Synchronous Motors Market Absolute $ Opportunity
5. Global IE4 Permanent Magnet Synchronous Motors Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. IE4 Permanent Magnet Synchronous Motors Market Size and Volume Forecast by Type
5.3.1. <20 kW
5.3.2. 20-200 kW
5.3.3. >200 kW
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global IE4 Permanent Magnet Synchronous Motors Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. IE4 Permanent Magnet Synchronous Motors Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Machinery
6.3.3. Oil & Gas
6.3.4. Compressor Industries
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global IE4 Permanent Magnet Synchronous Motors Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. IE4 Permanent Magnet Synchronous Motors Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global IE4 Permanent Magnet Synchronous Motors Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. IE4 Permanent Magnet Synchronous Motors Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global IE4 Permanent Magnet Synchronous Motors Demand Share Forecast, 2019-2029
9. North America IE4 Permanent Magnet Synchronous Motors Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America IE4 Permanent Magnet Synchronous Motors Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America IE4 Permanent Magnet Synchronous Motors Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Machinery
9.4.3. Oil & Gas
9.4.4. Compressor Industries
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America IE4 Permanent Magnet Synchronous Motors Market Size and Volume Forecast by Type
9.7.1. <20 kW
9.7.2. 20-200 kW
9.7.3. >200 kW
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America IE4 Permanent Magnet Synchronous Motors Demand Share Forecast, 2019-2029
10. Latin America IE4 Permanent Magnet Synchronous Motors Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America IE4 Permanent Magnet Synchronous Motors Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America IE4 Permanent Magnet Synchronous Motors Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Machinery
10.4.3. Oil & Gas
10.4.4. Compressor Industries
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America IE4 Permanent Magnet Synchronous Motors Market Size and Volume Forecast by Type
10.7.1. <20 kW
10.7.2. 20-200 kW
10.7.3. >200 kW
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America IE4 Permanent Magnet Synchronous Motors Demand Share Forecast, 2019-2029
11. Europe IE4 Permanent Magnet Synchronous Motors Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe IE4 Permanent Magnet Synchronous Motors Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe IE4 Permanent Magnet Synchronous Motors Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Machinery
11.4.3. Oil & Gas
11.4.4. Compressor Industries
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe IE4 Permanent Magnet Synchroous Motors Market Size and Volume Forecast by Type
11.7.1. <20 kW
11.7.2. 20-200 kW
11.7.3. >200 kW
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe IE4 Permanent Magnet Synchronous Motors Demand Share, 2019-2029
12. Asia Pacific IE4 Permanent Magnet Synchronous Motors Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific IE4 Permanent Magnet Synchronous Motors Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific IE4 Permanent Magnet Synchronous Motors Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Machinery
12.4.3. Oil & Gas
12.4.4. Compressor Industries
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific IE4 Permanent Magnet Synchronous Motors Market Size and Volume Forecast by Type
12.7.1. <20 kW
12.7.2. 20-200 kW
12.7.3. >200 kW
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific IE4 Permanent Magnet Synchronous Motors Demand Share, 2019-2029
13. Middle East & Africa IE4 Permanent Magnet Synchronous Motors Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa IE4 Permanent Magnet Synchronous Motors Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa IE4 Permanent Magnet Synchronous Motors Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Machinery
13.4.3. Oil & Gas
13.4.4. Compressor Industries
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa IE4 Permanent Magnet Synchronous Motors Market Size and Volume Forecast by Type
13.7.1. <20 kW
13.7.2. 20-200 kW
13.7.3. >200 kW
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa IE4 Permanent Magnet Synchronous Motors Demand Share, 2019-2029
14. Competition Landscape
14.1. Global IE4 Permanent Magnet Synchronous Motors Market: Market Share Analysis
14.2. IE4 Permanent Magnet Synchronous Motors Distributors and Customers
14.3. IE4 Permanent Magnet Synchronous Motors Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ABB
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bharat Bijlee
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Danfoss
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Fuji Electric
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hitachi
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Kienle + Spiess
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Lafert
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Merkes
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Nidec
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. NORD
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. O.M.E.
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. OEMER
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Siemens
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Toshiba
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. VEM
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. WEG
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
