Key Permanent Magnet Motor Market Players:
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
The permanent magnet motor market is driven by a high demand for automation and IoT. ABB and Siemens dominate the global PMM landscape with AI-driven motor controls. Rockwell Automation has embraced NIST's cybersecurity framework to improve Trust. Havells and Firstway are targeting cost-sensitive applications with ferrite motors. Australian companies are exploring rare-earth-free and other sustainable electric motor innovations. Companies are primarily focusing on R&D and recycling opportunities while exploring potential private-sector partnerships to combat supply chain risks.
Top 15 Global Manufacturers in the Permanent Magnet Motor Market
|
Company Name |
Country of Origin |
Estimated Market Share (2025, ICT Sector) |
|
ABB Ltd. |
Switzerland |
8.2% |
|
Siemens AG |
Germany |
7.1% |
|
Nidec Corporation |
Japan |
6.5% |
|
Rockwell Automation, Inc. |
USA |
6% |
|
Wolong Electric Group Co., Ltd. |
China |
5.2% |
|
WEG S.A. |
Brazil |
xx% |
|
Toshiba Corporation |
Japan |
xx% |
|
Emerson Electric Co. |
USA |
xx% |
|
Hyundai Electric & Energy Systems |
South Korea |
xx% |
|
Franklin Electric Co., Inc. |
USA |
xx% |
|
Allied Motion Technologies Inc. |
USA |
xx% |
|
Yaskawa Electric Corporation |
Japan |
xx% |
|
Havells India Ltd. |
India |
xx% |
|
Firstway (M) Sdn. Bhd. |
Malaysia |
xx% |
|
Austorque Australia Pty Ltd. |
Australia |
xx% |
Here are a few areas of focus covered in the competitive landscape of the market:
