Permanent Magnet Synchronous Motor Market to Reach $26 Billion by 2031: Key Insights and Growth Drivers | Valuates Reports

was valued at USD 175 Million in 2023 and is anticipated to reach USD 245.2 Million by 2030, witnessing a CAGR of 4.9% during the forecast period 2024-2030.

- Rail Transit Permanent Magnet Synchronous Motor Market was valued at USD 118 Million in the year 2024 and is projected to reach a revised size of USD 143 Million by 2031, growing at a CAGR of 3.2% during the forecast period.

- Low Inertia High Speed Inner Rotor Permanent Magnet Synchronous Motor Market was valued at USD 964 Million in the year 2024 and is projected to reach a revised size of USD 1417 Million by 2031, growing at a CAGR of 5.6% during the forecast period.

- High Power Density Permanent Magnet Synchronous Motor Market

- Low Voltage Permanent Magnet Synchronous Motor Market

- Permanent Magnet Synchronous Motor HVLS Fan Market

- Oil-cooled Permanent Magnet Synchronous Motors Market

- Permanent Magnet Synchronous Traction Machine market is projected to reach USD 2833.7 Million in 2029, increasing from USD 1815 Million in 2022, with the CAGR of 6.5% during the period of 2023 to 2029.

- Permanent Magnet Drive Market

- Three-Phase AC Permanent Magnet Synchronous Motor Market

- Permanent Magnet Brushless Coreless Motor Market was valued at USD 897 Million in the year 2024 and is projected to reach a revised size of USD 1650 Million by 2031, growing at a CAGR of 10.0% during the forecast period.

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