Market Share of Permanent Magnet Motor Industry
The Permanent Magnet Motor Market is highly competitive. Market incumbents can gain an advantage and garner a larger market share with innovations and investments in R&D. The intensity of competitive rivalry is expected to increase further, owing to increasing market penetration and the deployment of powerful competitive strategies by market players.
- July 2023 - Delta Line announced a new range of brushed permanent magnet DC motors in three sizes 52DI, 42DI, and 63DI. These new motors feature nominal torque up to 0.22Nm in 52mm, 0.06Nm in 42mm, and 0.27Nm in 63mm.
- July 2022, Collins Aerospace announced the development of the first working prototype of its 500-kilowatt electric motor for Airlander 10 aircraft in partnership with Hybrid Air Vehicles and the University of Nottingham. Collins wants the 2,000 rpm permanent magnet electric motor to have a power density of 9 kW/kg and an efficiency of 98%. He does this by using a new motor topology and a composite construction.
Permanent Magnet Motor Market Leaders
ABB Limited
Rockwell Automation
Siemens AG
Franklin Electric Company Inc.
Allied Motion Technologies Inc.
*Disclaimer: Major Players sorted in no particular order
