Market Overview:
The global permanent magnet DC motor market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric vehicles and rising awareness about energy-efficient appliances. In terms of type, the slotted type segment is expected to lead the global permanent magnet DC motor market during the forecast period, followed by slotless and coreless types. The automotive application segment is expected to account for a major share of the global permanent magnet DC motor market during the forecast period.
Product Definition:
A Permanent Magnet DC motor is a type of DC motor that uses permanent magnets to create the rotating magnetic field. This type of motor is more efficient than other types of DC motors and can be used in a wide variety of applications.
Slotted Type:
Slotted type permanent magnet DC motor is a special design of electric motor which has two or more slots cut in its stator windings. These slots allow the magnetic flux to bypass the rotor, thus reducing torque and power loss. The reduction in torque and power loss makes this type of motors suitable for high-speed applications such as aerospace flight control systems, industrial drives & robotics, etc.
The global slotted type market size was valued at USD 536 million in 2016.
Slotless Type:
The slotless type permanent magnet DC motor is a special kind of electric motor which has no physical slots in the rotor. The absence of slots in the rotor leads to less friction, better cooling and higher efficiency. These motors are used for various applications such as robots, medical equipment and assembly line automation among others.
These motors have several advantages over conventional ones including low maintenance cost, high operating speed (speed torque relation), simple structure design without any mechanical parts moving around.
Application Insights:
The market is segmented on the basis of application into automotive, toys, household appliances, computer discs drives and others. The automotive application segment accounted for a major share in 2016 owing to increasing demand for electric vehicles. Electric motors with permanent magnets are widely used in electric vehicles as they provide better performance at a lower cost when compared to induction motors.
The coreless DC motor is widely used in applications such as mobile suit Gundam and video games like Super Mario Bros., which require low-cost and efficient solutions that consume less power. Slotted DC motors are also used extensively across industrial machinery applications due to their high efficiency at relatively low speeds along with the ability to tolerate higher temperatures without degradation of performance as compared to other types of DC Motors available in the market today.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for high efficiency motors in countries, such as China and Japan. Increasing industrialization and rising need for energy-efficient permanent magnet DC motor are also driving the market in Asia Pacific region.
The North America permanent magnet DC motor market was valued at USD X million in 2017 owing to presence of a large number of key players, including General Electric, Emerson Electric Co., Johnson Controls Inc., and Siemens AG & Co. Magnetics (Boulder) LLC is one of the largest distributors of electric motors in U.
Growth Factors:
- Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 14% from 2016 to 2020. This will lead to an increase in the demand for PMDC motors, as they are used in most electric vehicles.
- Rising demand from the industrial sector: The industrial sector is one of the key consumers of PMDC motors. They are used in a wide range of applications such as pumps, fans, compressors, and conveyors. The growth in the industrial sector is expected to drive the growth of the PMDC motor market during the forecast period.
- Growing popularity of renewable energy sources: Renewable energy sources such as solar and wind power are becoming increasingly popular due to their environmental benefits and cost-effectiveness. This will lead to an increase in demand for PMDC motors used in renewable energy systems during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Permanent Magnet DC motor Market Research Report
By Type
Slotted Type, Slotless Type, Coreless Type
By Application
Automotive, Toys, Household Appliances, Computer Disc Drives, Other
By Companies
Siemens AG, ABB, General Electric, Toshiba, Yaskawa, Rockwell, Nidec, Kollmorgen, Moog, Boston Gear, Domel, Sinotech, FAULHABER MICROMO
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Permanent Magnet DC motor Market Report Segments:
The global Permanent Magnet DC motor market is segmented on the basis of:
Types
Slotted Type, Slotless Type, Coreless Type
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, Toys, Household Appliances, Computer Disc Drives, Other
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:
- Siemens AG
- ABB
- General Electric
- Toshiba
- Yaskawa
- Rockwell
- Nidec
- Kollmorgen
- Moog
- Boston Gear
- Domel
- Sinotech
- FAULHABER MICROMO
Highlights of The Permanent Magnet DC motor 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:
- Slotted Type
- Slotless Type
- Coreless Type
- By Application:
- Automotive
- Toys
- Household Appliances
- Computer Disc Drives
- Other
- 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 Permanent Magnet DC motor 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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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?
A Permanent Magnet DC motor is a type of electric motor that uses permanent magnets to generate rotational motion. These motors are often used in applications where high torque and low speed are required, such as in industrial machinery or robotics.
Some of the major companies in the permanent magnet dc motor market are Siemens AG, ABB, General Electric, Toshiba, Yaskawa, Rockwell, Nidec, Kollmorgen, Moog, Boston Gear, Domel, Sinotech, FAULHABER MICROMO.
The permanent magnet dc motor market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Permanent Magnet DC motor 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. Permanent Magnet DC motor Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Permanent Magnet DC motor Market - Supply Chain
4.5. Global Permanent Magnet DC motor Market Forecast
4.5.1. Permanent Magnet DC motor Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Permanent Magnet DC motor Market Size (000 Units) and Y-o-Y Growth
4.5.3. Permanent Magnet DC motor Market Absolute $ Opportunity
5. Global Permanent Magnet DC motor 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. Permanent Magnet DC motor Market Size and Volume Forecast by Type
5.3.1. Slotted Type
5.3.2. Slotless Type
5.3.3. Coreless Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Permanent Magnet DC motor 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. Permanent Magnet DC motor Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Toys
6.3.3. Household Appliances
6.3.4. Computer Disc Drives
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Permanent Magnet DC motor 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. Permanent Magnet DC motor 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 Permanent Magnet DC motor 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. Permanent Magnet DC motor 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 Permanent Magnet DC motor Demand Share Forecast, 2019-2026
9. North America Permanent Magnet DC motor 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 Permanent Magnet DC motor 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 Permanent Magnet DC motor Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Toys
9.4.3. Household Appliances
9.4.4. Computer Disc Drives
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Permanent Magnet DC motor Market Size and Volume Forecast by Type
9.7.1. Slotted Type
9.7.2. Slotless Type
9.7.3. Coreless Type
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 Permanent Magnet DC motor Demand Share Forecast, 2019-2026
10. Latin America Permanent Magnet DC motor 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 Permanent Magnet DC motor 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 Permanent Magnet DC motor Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Toys
10.4.3. Household Appliances
10.4.4. Computer Disc Drives
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Permanent Magnet DC motor Market Size and Volume Forecast by Type
10.7.1. Slotted Type
10.7.2. Slotless Type
10.7.3. Coreless Type
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 Permanent Magnet DC motor Demand Share Forecast, 2019-2026
11. Europe Permanent Magnet DC motor 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 Permanent Magnet DC motor 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 Permanent Magnet DC motor Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Toys
11.4.3. Household Appliances
11.4.4. Computer Disc Drives
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Permanent Magnet DC motor Market Size and Volume Forecast by Type
11.7.1. Slotted Type
11.7.2. Slotless ype
11.7.3. Coreless Type
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 Permanent Magnet DC motor Demand Share, 2019-2026
12. Asia Pacific Permanent Magnet DC motor 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 Permanent Magnet DC motor 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 Permanent Magnet DC motor Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Toys
12.4.3. Household Appliances
12.4.4. Computer Disc Drives
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Permanent Magnet DC motor Market Size and Volume Forecast by Type
12.7.1. Slotted Type
12.7.2. Slotless Type
12.7.3. Coreless Type
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 Permanent Magnet DC motor Demand Share, 2019-2026
13. Middle East & Africa Permanent Magnet DC motor 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 Permanent Magnet DC motor 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 Permanent Magnet DC motor Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Toys
13.4.3. Household Appliances
13.4.4. Computer Disc Drives
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Permanent Magnet DC motor Market Size and Volume Forecast by Type
13.7.1. Slotted Type
13.7.2. Slotless Type
13.7.3. Coreless Type
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 Permanent Magnet DC motor Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Permanent Magnet DC motor Market: Market Share Analysis
14.2. Permanent Magnet DC motor Distributors and Customers
14.3. Permanent Magnet DC motor Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Siemens AG
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ABB
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. General Electric
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Toshiba
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Yaskawa
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Rockwell
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Nidec
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kollmorgen
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Moog
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Boston Gear
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Domel
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Sinotech
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. FAULHABER MICROMO
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
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
