Magnetic Motor Market

Magnetic Motor Market by Type (AC, DC, & Hermetic), by Power Range (Low, Medium, & High), by Applications (Factory Automation, Consumer, Commercial, & Others), & by Geography- Global Forecast 2014-2020

Report Code: UC 1377 Sep, 2020, by marketsandmarkets.com
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Magnetic motor is automation equipment made from ferromagnetic materials and its working generates magnetic field with magnetic properties. The motor design incorporates permanent magnets fitted in the rotor of motor to form salient poles so as to synchronize the load with the frequency. The magnetic motors are designed for the applications where recurring control on speed regulation is highly required. The market for magnetic motors is growing because these motors consume less power and have exceptional heat dissipation property and provide higher efficiency in comparison with other similar electric motors. Magnetic motors have its usage in numerous industrial applications such as factory automation, aerospace & defense, medical, and commercial which includes amusement rides and marine pumps. The factors such as operational efficiency, high temperature capacity, and cost saving are driving the market for magnetic motors. Moreover the torque capacity of magnetic motors is higher than the other electric motors; this factor is also supporting the growth of magnetic motor market.

The report on magnetic motor market analyzes the market value chain, giving a very clear insight of all the major developments and supporting segments to the market. The magnetic motor market is segmented on the basis of types, applications, & power range and discussed in detail with market size projections both in terms of value and volume. The report also analyzes the market trends and technologies in magnetic motor, market dynamics such as drivers, restraints, opportunities, and threats along with the burning issues and wining imperatives.

The report also includes company profiles of the leading players in this market with their recent developments and other strategic business activities. The competitive landscape section of the report entails key growth strategies and detailed market share ranking analysis of the key industry players. Some of the major players in this market are ABB Ltd.(Switzerland), Siemens AG (Germany), Rockwell Collins, Inc. (U.S.), Allied Motion Technologies, Inc., (U.S.) and Toshiba Corporation (Japan).


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