Permanent Magnet Motor Market Analysis: Permanent Magnet Synchronous Generators Demand
The global permanent magnet motor market is entering a period of accelerated growth as industries worldwide shift toward high-efficiency, compact, and energy-saving motor technologies. In 2025, the market is projected to reach US$ 93.2 billion, and by 2032 it is forecast to expand to US$ 226.1 billion, registering an impressive CAGR of 13.5% during the forecast period. This surge stems from the...
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