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Permanent Magnet Motor Market to Reach USD 75 Billion by 2035 with Rising EV and Automation Demand
The Permanent Magnet Motor Market was valued at USD 36.1 billion in 2024 and is projected to grow steadily over the coming decade. The market is expected to increase from USD 38.6 billion in 2025 to approximately USD 75 billion by 2035, registering a

BriefingWire.com, 2/07/2026 - Permanent Magnet Motor Market Size was valued at USD 36.1 Billion in 2024. The Cloud Security Solution Market is expected to grow from USD 38.6 Billion in 2025 to USD 75 Billion by 2035. The Cloud Security Solution Market CAGR (growth rate) is expected to be around 6.8% during the forecast period (2025 - 2035)

Permanent Magnet Motor Market Segmentation

Global Permanent Magnet Motor Market Research Report: By Application (Automotive, Industrial, Consumer Electronics, Aerospace, Medical Devices), By Type (Synchronous Motors, Brushless DC Motors, Stepper Motors, Servo Motors), By End Use (Electric Vehicles, Industrial Machinery, Home Appliances, Robotics), By Design (Interior Permanent Magnet Motors, Surface Mounted Permanent Magnet Motors, Hybrid Permanent Magnet Motors) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2035

Browse a Full Report (Including Full TOC, List of Tables & Figures, Chart) - Permanent Magnet Motor Market

The Permanent Magnet Motor Market was valued at USD 36.1 billion in 2024 and is projected to grow steadily over the coming decade. The market is expected to increase from USD 38.6 billion in 2025 to approximately USD 75 billion by 2035, registering a compound annual growth rate (CAGR) of 6.8% during the forecast period

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