Permanent Magnet Motor Market to Climb to USD 161.9 Billion by 2036...

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2026-07-24 10:21:53 -

Permanent Magnet Motor Market to Climb to USD 161.9 Billion by 2036 as Smart Manufacturing and EV Demand Accelerate

The global Permanent Magnet Motor Market is entering a period of accelerated expansion as governments, automotive manufacturers, and industrial enterprises intensify investments in electrification, high-efficiency industrial equipment, and renewable energy infrastructure. According to the latest Fact.MR analysis, the market was valued at USD 55.3 billion in 2025 and is projected to increase...

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