Global Automotive Permanent Magnet Synchronus Motor market cagr 11.0%

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Automotive Permanent Magnet Synchronus Motor

Market

Automotive Permanent Magnet Synchronus Motor

Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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Automotive Permanent Magnet Synchronus Motor

Market Size and Growth

The Automotive Permanent Magnet Synchronous Motor (PMSM) market is experiencing significant growth, driven by rising demand for electric vehicles and energy efficiency. The market size is projected to reach approximately $XX billion by 2028, reflecting a compound annual growth rate (CAGR) of XX%. Key trends include technological advancements and increased adoption across automotive applications.

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Companies Covered

(Covid 19 Impact Covered)

◍ Johnson Electric Group (China)

◍ Kofu Meidensha Electric (Japan)

◍ Mitsubishi Heavy Industries (Japan)

◍ Myway Plus (Japan)

◍ Tsuzuki (Japan)

◍ Delta Group (Taiwan)

◍ Leonardo DRS (Italy)

◍ ABB (USA)

◍ ZIEHL-ABEGG (Germany)

The Automotive Permanent Magnet Synchronous Motor Market features key players such as Johnson Electric Group, Mitsubishi Heavy Industries, and ABB. These companies drive market growth through innovation in motor efficiency and integration, catering to electric vehicles. Sales revenues include:

- Johnson Electric: $2.7 billion

- Mitsubishi Heavy Industries: $14 billion

- ABB: $28 billion. Request Sample Report

Market Segmentation

By Application

Passenger Cars

Commercial Vehicles

By

Product

◍ Surface PMSM (SPMSM) Type

Interior PMSM (IPMSM) Type

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Market Growth

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$ X Billion USD

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