Permanent Magnet Motor Companies

Companies Dominating the Permanent Magnet Motor Landscape

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)	Company Name
ABB Ltd.	Switzerland	8.2%	ABB Ltd.
Siemens AG	Germany	7.1%	Siemens AG
Nidec Corporation	Japan	6.5%	Nidec Corporation
Rockwell Automation, Inc.	USA	6%	Rockwell Automation, Inc.
Wolong Electric Group Co., Ltd.	China	5.2%	Wolong Electric Group Co., Ltd.
WEG S.A.	Brazil	xx%	WEG S.A.
Toshiba Corporation	Japan	xx%	Toshiba Corporation
Emerson Electric Co.	USA	xx%	Emerson Electric Co.
Hyundai Electric & Energy Systems	South Korea	xx%	Hyundai Electric & Energy Systems
Franklin Electric Co., Inc.	USA	xx%	Franklin Electric Co., Inc.
Allied Motion Technologies Inc.	USA	xx%	Allied Motion Technologies Inc.
Yaskawa Electric Corporation	Japan	xx%	Yaskawa Electric Corporation
Havells India Ltd.	India	xx%	Havells India Ltd.
Firstway (M) Sdn. Bhd.	Malaysia	xx%	Firstway (M) Sdn. Bhd.
Austorque Australia Pty Ltd.	Australia	xx%	Austorque Australia Pty Ltd.

Here are a few areas of focus covered in the competitive landscape of the permanent magnet motor market:

• Company Overview
• Business Strategy
• Key Product Offerings
• Financial Performance
• Key Performance Indicators
• Risk Analysis
• Recent Development
• Regional Presence
• SWOT Analysis