APO RESEARCH · REPORT
Permanent Magnet Synchronous Motor (PMSM)
Permanent Magnet Synchronous Motor (PMSM) covers machines whose permanent-magnet rotor follows the rotating field synchronously. Electromagnetic fields generate torque; commutation, rotor design and feedback determine the required drive system.

Product & engineering
Understand the product.
A permanent magnet synchronous motor (PMSM) uses permanent magnets embedded in the steel rotor to create a constant magnetic field. The stator carries windings connected to an AC supply to produce a rotating magnetic field. At synchronous speed the rotor poles lock to the rotating magnetic field. Permanent magnet synchronous motors are similar to brushless DC motors.
The distinguishing feature is machines whose permanent-magnet rotor follows the rotating field synchronously. Match the torque-speed envelope and duty cycle to the drive, supply and cooling. Starting, low-speed operation and regeneration impose different current and temperature limits. Confirm commutation and feedback compatibility; holding torque, peak torque and continuous shaft output are not interchangeable ratings.
What turns activity into demand
Qualified machine builds and replacement cycles create demand at the required drive compatibility and thermal duty.
The commercial boundary
Separate motor, geared motor, integrated drive and subsystem; power, torque and unit count are different reporting bases.
Why is matching rated power insufficient to replace a motor?
The distinguishing feature is machines whose permanent-magnet rotor follows the rotating field synchronously. Match the torque-speed envelope and duty cycle to the drive, supply and cooling. Starting, low-speed operation and regeneration impose different current and temperature limits. Confirm commutation and feedback compatibility; holding torque, peak torque and continuous shaft output are not interchangeable ratings.
Selected research
Market Structure
Global Permanent Magnet Synchronous Motor (PMSM) Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032
Market perspective
A permanent magnet synchronous motor (PMSM) uses permanent magnets embedded in the steel rotor to create a constant magnetic field. The stator carries windings connected to an AC supply to produce a rotating magnetic field. At synchronous speed the rotor poles lock to the rotating magnetic field. Permanent magnet synchronous motors are similar to brushless DC motors.
The major players in global Permanent Magnet Synchronous Motor (PMSM) market include Mitsubishi Electric, HITACHI, ABB, etc. The top 3 players occupy about 20% shares of the global market. Asia-Pacific and Europe are main markets, they occupy about 70% of the global market. 10-50Kw is the main type, with a share about 40%. Industry & Automation is the main application, which holds a share about 60%.
The report provides an overview of the global Permanent Magnet Synchronous Motor (PMSM) market in terms of capacity, output, revenue, and price, analyzing global market trends using historical revenue and sales data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.
Read the full market overview
The study covers key producers of Permanent Magnet Synchronous Motor (PMSM) and consumption patterns in major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.
The report also presents Permanent Magnet Synchronous Motor (PMSM) sales, revenue, market share, and industry ranking for the main manufacturers for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.
In addition, the report analyzes segment data by type and application—covering sales, revenue, and price—for 2021-2032, and evaluates and forecasts the Permanent Magnet Synchronous Motor (PMSM) market size, projected growth trends, production technologies, key applications, and end-use industries.
Permanent Magnet Synchronous Motor (PMSM) Segment by Company
Mitsubishi Electric
HITACHI
ABB
SIEMENS AG
GE
Bosch
MEIDENSHA
JJE
CONTINENTAL
ALSTOM
BROAD-OCEAN
TOSHIBA
XIZI FORVORDA
Permanent Magnet Synchronous Motor (PMSM) Segment by Type
Below 5Kw
5-10Kw
10-50Kw
Above 50Kw
Permanent Magnet Synchronous Motor (PMSM) Segment by Application
Automotive
Elevator
Industry & Automation
Others
Permanent Magnet Synchronous Motor (PMSM) Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Permanent Magnet Synchronous Motor (PMSM) market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Permanent Magnet Synchronous Motor (PMSM) and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Permanent Magnet Synchronous Motor (PMSM).
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Provides an overview of the Permanent Magnet Synchronous Motor (PMSM) market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2021-2032).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Permanent Magnet Synchronous Motor (PMSM) industry.
Chapter 3: Detailed analysis of Permanent Magnet Synchronous Motor (PMSM) market competition landscape. Including Permanent Magnet Synchronous Motor (PMSM) manufacturers' output value, output and average price from 2021 to 2026, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 7: Production/Production Value of Permanent Magnet Synchronous Motor (PMSM) by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: Consumption of Permanent Magnet Synchronous Motor (PMSM) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Below 5Kw
- 5-10Kw
- 10-50Kw
- Above 50Kw
Applications
- Automotive
- Elevator
- Industry & Automation
- Others
Companies covered
- Mitsubishi Electric
- HITACHI
- ABB
- SIEMENS AG
- GE
- Bosch
- MEIDENSHA
- JJE
- CONTINENTAL
- ALSTOM
- BROAD-OCEAN
- TOSHIBA
- XIZI FORVORDA
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Permanent Magnet Synchronous Motor (PMSM) Production Value Estimates and Forecasts (2021-2032)
- 1.2.2 Global Permanent Magnet Synchronous Motor (PMSM) Production Capacity Estimates and Forecasts (2021-2032)
- 1.2.3 Global Permanent Magnet Synchronous Motor (PMSM) Production Estimates and Forecasts (2021-2032)
- 1.2.4 Global Permanent Magnet Synchronous Motor (PMSM) Market Average Price (2021-2032)
- 1.3 Assumptions and Limitations
- 1.4 Study Goals and Objectives
2 Global Permanent Magnet Synchronous Motor (PMSM) Market Dynamics
- 2.1 Permanent Magnet Synchronous Motor (PMSM) Industry Trends
- 2.2 Permanent Magnet Synchronous Motor (PMSM) Industry Drivers
- 2.3 Permanent Magnet Synchronous Motor (PMSM) Industry Opportunities and Challenges
- 2.4 Permanent Magnet Synchronous Motor (PMSM) Industry Restraints
3 Permanent Magnet Synchronous Motor (PMSM) Market by Manufacturers
- 3.1 Global Permanent Magnet Synchronous Motor (PMSM) Production Value by Manufacturers (2021-2026)
- 3.2 Global Permanent Magnet Synchronous Motor (PMSM) Production by Manufacturers (2021-2026)
- 3.3 Global Permanent Magnet Synchronous Motor (PMSM) Average Price by Manufacturers (2021-2026)
- 3.4 Global Permanent Magnet Synchronous Motor (PMSM) Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Permanent Magnet Synchronous Motor (PMSM) Key Manufacturers Manufacturing Sites & Headquarters
- 3.6 Global Permanent Magnet Synchronous Motor (PMSM) Manufacturers, Product Type & Application
- 3.7 Global Permanent Magnet Synchronous Motor (PMSM) Manufacturers Established Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Permanent Magnet Synchronous Motor (PMSM) Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Permanent Magnet Synchronous Motor (PMSM) Players Market Share by Production Value in 2025
- 3.8.3 2025 Permanent Magnet Synchronous Motor (PMSM) Tier 1, Tier 2, and Tier 3
4 Permanent Magnet Synchronous Motor (PMSM) Market by Type
- 4.1 Permanent Magnet Synchronous Motor (PMSM) Type Introduction
- 4.1.1 Below 5Kw
- 4.1.2 5-10Kw
- 4.1.3 10-50Kw
- 4.1.4 Above 50Kw
- 4.2 Global Permanent Magnet Synchronous Motor (PMSM) Production by Type
- 4.2.1 Global Permanent Magnet Synchronous Motor (PMSM) Production by Type (2021 VS 2025 VS 2032)
- 4.2.2 Global Permanent Magnet Synchronous Motor (PMSM) Production by Type (2021-2032)
- 4.2.3 Global Permanent Magnet Synchronous Motor (PMSM) Production Market Share by Type (2021-2032)
- 4.3 Global Permanent Magnet Synchronous Motor (PMSM) Production Value by Type
- 4.3.1 Global Permanent Magnet Synchronous Motor (PMSM) Production Value by Type (2021 VS 2025 VS 2032)
- 4.3.2 Global Permanent Magnet Synchronous Motor (PMSM) Production Value by Type (2021-2032)
- 4.3.3 Global Permanent Magnet Synchronous Motor (PMSM) Production Value Market Share by Type (2021-2032)
5 Permanent Magnet Synchronous Motor (PMSM) Market by Application
- 5.1 Permanent Magnet Synchronous Motor (PMSM) Application Introduction
- 5.1.1 Automotive
- 5.1.2 Elevator
- 5.1.3 Industry & Automation
- 5.1.4 Others
- 5.2 Global Permanent Magnet Synchronous Motor (PMSM) Production by Application
- 5.2.1 Global Permanent Magnet Synchronous Motor (PMSM) Production by Application (2021 VS 2025 VS 2032)
- 5.2.2 Global Permanent Magnet Synchronous Motor (PMSM) Production by Application (2021-2032)
- 5.2.3 Global Permanent Magnet Synchronous Motor (PMSM) Production Market Share by Application (2021-2032)
- 5.3 Global Permanent Magnet Synchronous Motor (PMSM) Production Value by Application
- 5.3.1 Global Permanent Magnet Synchronous Motor (PMSM) Production Value by Application (2021 VS 2025 VS 2032)
- 5.3.2 Global Permanent Magnet Synchronous Motor (PMSM) Production Value by Application (2021-2032)
- 5.3.3 Global Permanent Magnet Synchronous Motor (PMSM) Production Value Market Share by Application (2021-2032)
6 Company Profiles
- 6.1 Mitsubishi Electric
- 6.1.1 Mitsubishi Electric Company Information
- 6.1.2 Mitsubishi Electric Business Overview
- 6.1.3 Mitsubishi Electric Permanent Magnet Synchronous Motor (PMSM) Production, Value and Gross Margin (2021-2026)
- 6.1.4 Mitsubishi Electric Permanent Magnet Synchronous Motor (PMSM) Product Portfolio
- 6.1.5 Mitsubishi Electric Recent Developments
- 6.2 HITACHI
- 6.2.1 HITACHI Company Information
- 6.2.2 HITACHI Business Overview
- 6.2.3 HITACHI Permanent Magnet Synchronous Motor (PMSM) Production, Value and Gross Margin (2021-2026)
- 6.2.4 HITACHI Permanent Magnet Synchronous Motor (PMSM) Product Portfolio
- 6.2.5 HITACHI Recent Developments
- 6.3 ABB
- 6.3.1 ABB Company Information
- 6.3.2 ABB Business Overview
- 6.3.3 ABB Permanent Magnet Synchronous Motor (PMSM) Production, Value and Gross Margin (2021-2026)
- 6.3.4 ABB Permanent Magnet Synchronous Motor (PMSM) Product Portfolio
- 6.3.5 ABB Recent Developments
- 6.4 SIEMENS AG
- 6.4.1 SIEMENS AG Company Information
- 6.4.2 SIEMENS AG Business Overview
- 6.4.3 SIEMENS AG Permanent Magnet Synchronous Motor (PMSM) Production, Value and Gross Margin (2021-2026)
- 6.4.4 SIEMENS AG Permanent Magnet Synchronous Motor (PMSM) Product Portfolio
- 6.4.5 SIEMENS AG Recent Developments
- 6.5 GE
- 6.5.1 GE Company Information
- 6.5.2 GE Business Overview
- 6.5.3 GE Permanent Magnet Synchronous Motor (PMSM) Production, Value and Gross Margin (2021-2026)
- 6.5.4 GE Permanent Magnet Synchronous Motor (PMSM) Product Portfolio
- 6.5.5 GE Recent Developments
- 6.6 Bosch
- 6.6.1 Bosch Company Information
- 6.6.2 Bosch Business Overview
- 6.6.3 Bosch Permanent Magnet Synchronous Motor (PMSM) Production, Value and Gross Margin (2021-2026)
- 6.6.4 Bosch Permanent Magnet Synchronous Motor (PMSM) Product Portfolio
- 6.6.5 Bosch Recent Developments
- 6.7 MEIDENSHA
- 6.7.1 MEIDENSHA Company Information
- 6.7.2 MEIDENSHA Business Overview
- 6.7.3 MEIDENSHA Permanent Magnet Synchronous Motor (PMSM) Production, Value and Gross Margin (2021-2026)
- 6.7.4 MEIDENSHA Permanent Magnet Synchronous Motor (PMSM) Product Portfolio
- 6.7.5 MEIDENSHA Recent Developments
- 6.8 JJE
- 6.8.1 JJE Company Information
- 6.8.2 JJE Business Overview
- 6.8.3 JJE Permanent Magnet Synchronous Motor (PMSM) Production, Value and Gross Margin (2021-2026)
- 6.8.4 JJE Permanent Magnet Synchronous Motor (PMSM) Product Portfolio
- 6.8.5 JJE Recent Developments
- 6.9 CONTINENTAL
- 6.9.1 CONTINENTAL Company Information
- 6.9.2 CONTINENTAL Business Overview
- 6.9.3 CONTINENTAL Permanent Magnet Synchronous Motor (PMSM) Production, Value and Gross Margin (2021-2026)
- 6.9.4 CONTINENTAL Permanent Magnet Synchronous Motor (PMSM) Product Portfolio
- 6.9.5 CONTINENTAL Recent Developments
- 6.10 ALSTOM
- 6.10.1 ALSTOM Company Information
- 6.10.2 ALSTOM Business Overview
- 6.10.3 ALSTOM Permanent Magnet Synchronous Motor (PMSM) Production, Value and Gross Margin (2021-2026)
- 6.10.4 ALSTOM Permanent Magnet Synchronous Motor (PMSM) Product Portfolio
- 6.10.5 ALSTOM Recent Developments
- 6.11 BROAD-OCEAN
- 6.11.1 BROAD-OCEAN Company Information
- 6.11.2 BROAD-OCEAN Business Overview
- 6.11.3 BROAD-OCEAN Permanent Magnet Synchronous Motor (PMSM) Production, Value and Gross Margin (2021-2026)
- 6.11.4 BROAD-OCEAN Permanent Magnet Synchronous Motor (PMSM) Product Portfolio
- 6.11.5 BROAD-OCEAN Recent Developments
- 6.12 TOSHIBA
- 6.12.1 TOSHIBA Company Information
- 6.12.2 TOSHIBA Business Overview
- 6.12.3 TOSHIBA Permanent Magnet Synchronous Motor (PMSM) Production, Value and Gross Margin (2021-2026)
- 6.12.4 TOSHIBA Permanent Magnet Synchronous Motor (PMSM) Product Portfolio
- 6.12.5 TOSHIBA Recent Developments
- 6.13 XIZI FORVORDA
- 6.13.1 XIZI FORVORDA Company Information
- 6.13.2 XIZI FORVORDA Business Overview
- 6.13.3 XIZI FORVORDA Permanent Magnet Synchronous Motor (PMSM) Production, Value and Gross Margin (2021-2026)
- 6.13.4 XIZI FORVORDA Permanent Magnet Synchronous Motor (PMSM) Product Portfolio
- 6.13.5 XIZI FORVORDA Recent Developments
7 Global Permanent Magnet Synchronous Motor (PMSM) Production by Region
- 7.1 Global Permanent Magnet Synchronous Motor (PMSM) Production by Region: 2021 VS 2025 VS 2032
- 7.2 Global Permanent Magnet Synchronous Motor (PMSM) Production by Region (2021-2032)
- 7.2.1 Global Permanent Magnet Synchronous Motor (PMSM) Production by Region (2021-2026)
- 7.2.2 Global Permanent Magnet Synchronous Motor (PMSM) Production Forecast by Region (2027-2032)
- 7.3 Global Permanent Magnet Synchronous Motor (PMSM) Production by Region: 2021 VS 2025 VS 2032
- 7.4 Global Permanent Magnet Synchronous Motor (PMSM) Production Value by Region (2021-2032)
- 7.4.1 Global Permanent Magnet Synchronous Motor (PMSM) Production Value by Region (2021-2026)
- 7.4.2 Global Permanent Magnet Synchronous Motor (PMSM) Production Value by Region (2027-2032)
- 7.5 Global Permanent Magnet Synchronous Motor (PMSM) Market Price Analysis by Region (2021-2032)
- 7.6 Regional Production Value Trends (2021-2032)
- 7.6.1 North America Permanent Magnet Synchronous Motor (PMSM) Production Value (2021-2032)
- 7.6.2 Europe Permanent Magnet Synchronous Motor (PMSM) Production Value (2021-2032)
- 7.6.3 Asia-Pacific Permanent Magnet Synchronous Motor (PMSM) Production Value (2021-2032)
- 7.6.4 South America Permanent Magnet Synchronous Motor (PMSM) Production Value (2021-2032)
- 7.6.5 Middle East & Africa Permanent Magnet Synchronous Motor (PMSM) Production Value (2021-2032)
8 Global Permanent Magnet Synchronous Motor (PMSM) Consumption by Region
- 8.1 Global Permanent Magnet Synchronous Motor (PMSM) Consumption by Region: 2021 VS 2025 VS 2032
- 8.2 Global Permanent Magnet Synchronous Motor (PMSM) Consumption by Region (2021-2032)
- 8.2.1 Global Permanent Magnet Synchronous Motor (PMSM) Consumption by Region (2021-2026)
- 8.2.2 Global Permanent Magnet Synchronous Motor (PMSM) Consumption by Region (2027-2032)
- 8.3 North America
- 8.3.1 North America Permanent Magnet Synchronous Motor (PMSM) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3.2 North America Permanent Magnet Synchronous Motor (PMSM) Consumption by Country (2021-2032)
- 8.3.3 U.S.
- 8.3.4 Canada
- 8.3.5 Mexico
- 8.4 Europe
- 8.4.1 Europe Permanent Magnet Synchronous Motor (PMSM) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.4.2 Europe Permanent Magnet Synchronous Motor (PMSM) Consumption by Country (2021-2032)
- 8.4.3 Germany
- 8.4.4 France
- 8.4.5 U.K.
- 8.4.6 Italy
- 8.4.7 Netherlands
- 8.5 Asia Pacific
- 8.5.1 Asia Pacific Permanent Magnet Synchronous Motor (PMSM) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.5.2 Asia Pacific Permanent Magnet Synchronous Motor (PMSM) Consumption by Country (2021-2032)
- 8.5.3 China
- 8.5.4 Japan
- 8.5.5 South Korea
- 8.5.6 Southeast Asia
- 8.5.7 India
- 8.5.8 Australia
- 8.6 South America
- 8.6.1 South America Permanent Magnet Synchronous Motor (PMSM) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.6.2 South America Permanent Magnet Synchronous Motor (PMSM) Consumption by Country (2021-2032)
- 8.6.3 Brazil
- 8.6.4 Argentina
- 8.6.5 Chile
- 8.6.6 Colombia
- 8.7 Middle East & Africa
- 8.7.1 Middle East & Africa Permanent Magnet Synchronous Motor (PMSM) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.7.2 Middle East & Africa Permanent Magnet Synchronous Motor (PMSM) Consumption by Country (2021-2032)
- 8.7.3 Egypt
- 8.7.4 South Africa
- 8.7.5 Israel
- 8.7.6 Türkiye
- 8.7.7 GCC Countries
9 Value Chain and Sales Channels Analysis
- 9.1 Permanent Magnet Synchronous Motor (PMSM) Value Chain Analysis
- 9.1.1 Permanent Magnet Synchronous Motor (PMSM) Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Manufacturing Cost Structure
- 9.1.4 Permanent Magnet Synchronous Motor (PMSM) Production Mode & Process
- 9.2 Permanent Magnet Synchronous Motor (PMSM) Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Permanent Magnet Synchronous Motor (PMSM) Distributors
- 9.2.3 Permanent Magnet Synchronous Motor (PMSM) Customers
10 Concluding Insights
11 Appendix
- 11.1 Reasons for Doing This Study
- 11.2 Research Methodology
- 11.3 Research Process
- 11.4 Authors List of This Report
- 11.5 Data Source
- 11.5.1 Secondary Sources
- 11.5.2 Primary Sources
- 11.6 Disclaimer
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