Global Synchronous Reluctance Motor (SynRM) market cagr 12.70%

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Synchronous

Reluctance Motor (SynRM) Market

Synchronous Reluctance Motor (SynRM) Market

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

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Synchronous Reluctance Motor (SynRM) Market Size and Growth

The global Synchronous Reluctance Motor (SynRM) market research reports indicate a steady growth due to increasing demand for energy-efficient motors in various industries. The market size is projected to reach $2.5 billion by 2025, driven by advancements in power electronics and favorable government initiatives promoting energy efficiency.

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Companies Covered

(Covid 19 Impact Covered)

◍ ABB

◍ Siemens

◍ KSB (REEL)

◍ Danfoss

◍ Bonfiglioli

◍ Oemer Motors

◍ Relaoto

◍ Mark Elektriks

◍ Nidec Leroy-Somer

◍ Delta Electronics

◍ Changzhou Nanfang Motor

The Synchronous Reluctance Motor (SynRM) Market is highly competitive with key players such as ABB, Siemens, KSB (REEL), Danfoss, Bonfiglioli, Oemer Motors, Relaoto, Mark Elektriks, Nidec Leroy-Somer, Delta Electronics, and Changzhou Nanfang Motor. These companies leverage their expertise in motor technology to drive innovation, improve efficiency, and expand market reach.

- ABB: $28.6 billion

- Siemens: $75.5 billion Request Sample Report

Market Segmentation

By Application

◍ Process Industries

◍ Discrete Industries

◍ Transportation

By Product

◍ 0-30 KW

30-100 KW ◍ Above 100 KW

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$ 370.40 Million

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Market Growth
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