Permanent Magnet Synchronous Motors Market Size, Growth Type,...

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2025-07-29 10:42:32 -

Permanent Magnet Synchronous Motors Market Size, Growth Type, Application, Business, Trends, Share and Analysis - 2033

Global sales of permanent magnet synchronous motors market are projected to grow at a compound annual growth rate (CAGR) of 4.2% from 2023 to 2033. Consequently, the market value is expected to rise from US$ 28.5 billion in 2023 to US$ 43 billion by the end of 2033. A permanent magnet synchronous motor is an AC synchronous motor where field excitation is supplied by permanent...

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