Global Permanent Magnet Motors Market 2015-2019

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Global Permanent Magnet Motors Market 2015-2019

The report discusses the following in-depth:

• Market Size and Forecast

• Market Segmentation

• Buying Criteria

• Vendor Landscape

• Business Segmentation

• Geographical Segmentation

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Key Trends

Technavio’s Senior Analyst says, “Permanent magnet motors use permanent magnets in their rotors. They are energy efficient and noise-free, thus delivering better quality to residential and household applications. Manufacturers of electric motors are gradually shifting from electric motors to permanent magnet motors as they provide higher torque density and efficiency.”

• A permanent magnet is made from ferromagnetic materials, and it creates its own magnetic field and retains magnetic properties. Permanent magnet exhibits magnetic properties even if is removed from a magnetic field. Permanent magnet can be broadly classified into rare earth, ferrite, aluminum-nickel-cobalt (Alnico), and other magnets.

• Technavio's analysts forecast the global permanent magnet motors market to grow at a CAGR of 11.37% over the period 2014-2019.

• Understanding the key drivers influencing the market

• Understanding the challenges faced by the market

• Activities of various stakeholders involved

• Key focus areas for the vendors

• Major trends that will shape the future of this market

• Vendor landscape and trajectory of the market

• Conclusion

Scope of The Report

A detailed analysis of each market driver, challenge

and trend isavailable in our report:

Global Permanent Magnet Motors Market 2015-2019

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Vendors

To understand the vendor landscape and for a full list of

vendors view our report:

Global Permanent Magnet Motors Market 2015-2019

Baldor Electric

Franklin Electric

Rockwell Automation

Founded in 1920, Baldor operates as a subsidiary of ABB (a leading power and automation technology company) since 2011. It is headquartered in Fort Smith, Arkansas, US. It designs, manufactures, and markets electrical equipment.

Franklin Electric was founded in 1944 and is headquartered at Fort Wayne, Indiana, US. The company designs, manufactures, and distributes water and fuel pumping systems, and related parts and equipment.

Rockwell Automation was established in 1903 and is headquartered in Milwaukee, US. It is a global provider of industrial automation power, control, and information solutions.The company operates its business in two segments namely, control products and solutions and architecture and software.

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Market Landscape

• Permanent magnet motors are used in combination with DC and AC electric motors.

• They can function at a low current, and perform with higher efficiencies compared to other electric motors.

• They are used in various industrial applications such as in forklifts, blower drives, robots, railroads, and marine pumps.

• As these motors generate low rotor losses and less bearing current, facilitated by large air gaps, they can operate in applications involving high temperatures.

• These motors have 30-60% more torque capacity and faster deceleration/acceleration rates compared to other types of motor.

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Key Buying Criteria

Parameter Details

Cost-effectiveness

Permanent magnet motors should be available at affordable prices to all end-users.

CustomizationVendors should be able to provide tailor-made permanent magnet motors with the desired properties to meet customers' requirements.

ReliabilityPermanent magnet motors should to perform consistently for a long period.

Service and Support Vendors should be able to provide services such as testing, alignment, or replacement on demand.

• Growth Forecasts?

• Market Analysis?

• Revenue Forecasts?

• Regional and Country level Analysis?

• Competitive Structure?

• Emerging Trends?

• Vendor Landscape?

• Other?

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Global Permanent Magnet Motors Market 2015-2019

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