Permanent Magnet Synchronous Motor (PMSM) Market Set for Strong Growth Amid Rising Industrial Automation
https://dataintelo.com/report/....permanent-magnet-syn
The global Permanent Magnet Synchronous Motor (PMSM) Market is poised for significant expansion, driven by rapid industrial automation and electrification trends. PMSMs, known for their efficiency and reliability, are increasingly adopted across automotive, manufacturing, and consumer electronics sectors. This shift aligns with global efforts toward energy efficiency and sustainable operations.

 

dataintelo.com

Permanent Magnet Synchronous Motor (PMSM) Market Report | Global Forecast From 2025 To 2033

The global market size for Permanent Magnet Synchronous Motors (PMSM) was valued at $23.7 billion in 2023 and is projected to reach $45.6 billion by 2032, growing at a compound annual growth rate (CAGR) of 7.5%.