Pune, India -- (SBWIRE) -- 03/08/2016 -- The report "Permanent Magnet Synchronous Motor Market by Mounting Type (Horizontal & Vertical), Power Rating (Below 375 kW and Above 375 kW), by Application (Oil & Gas, Industrial & Manufacturing, Power, & Transportation), by Region - Global Trends & Forecasts to 2020" defines, segments, analyses, and forecasts the global PMSM market. It also identifies the driving and restraining factors of the PMSM market, with an analysis of trends, opportunities, and competitive landscape.

Browse 65 market tables and 62 figures spread through 201 pages on Permanent Magnet Synchronous Motor - Global Trends & Forecasts to 2020.

Request for Customization (Region wise customized report):
http://www.marketsandmarkets.com/requestCustomization.asp?id=388719

Early buyers will receive 10% customization on this report.

The market on the basis of region has been segmented into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The PMSM market is projected to reach USD 25.18 Billion by 2020, at a CAGR of 10.6% from 2015 to 2020.

Key Players of Market (Companies):
The top players of the PMSM market include:
- Alstom (France),
- ABB Ltd. (Switzerland),
- Siemens AG (Germany),
- General Electric (U.S.),
- Mitsubishi Electric Corporation (Japan),
- WEG (Brazil) among others.

The Asia-Pacific region is expected to dominate the PMSM market during the next five years

Asia-Pacific is the largest market for PMSM. The region, which has done well in the past 10 years, accounted for around 35% of the total market share in 2014. The growth rate has scaled up due to rise in industrial activities, standardizations on the usage of energy-efficient motors, and advantages of PMSM over other electric motors.

Speak to Analyst (Submit your requirement):
http://www.marketsandmarkets.com/speaktoanalyst.asp?id=388719

Industrial & manufacturing sector– Major application for the PMSM market

PMSMs have a diverse range of applications in industries such as oil & gas, industrial & manufacturing sector, metals & mining, power, paper & pulp, transportation, and commercial among others. The industrial and manufacturing sector captures the major market, which includes the use of PMSMs for pumps, extruders, and compressors. PMSMs find majority of its application in chemical and process and cement manufacturing industries among others. In addition, increase in industrial activities in countries such as China, India, and Japan acts as a major driver of the PMSM market.
The report has been segmented on the basis of application, mounting type, power rating, and region as follows:-

On the basis of application: The report analyzes PMSM market by application into, oil & gas, industrial & manufacturing, power, paper & pulp, transportation, commercial, metals & mining, pumps & ventilation systems. The markets for major countries in each region by application have also been provided in the report.

On the basis of mounting type: Under this segmentation, the report considers the use of PMSMs by type of mounting such as horizontal mounting and vertical/inclined mounting. The markets of each region by mounting type have also been provided in the report.

On the basis of power rating: Power ratings below 375kW and above 375kW have been considered in this segment.

On the basis of region: The regions analyzed in the report include the Americas, Europe, Asia-Pacific, and the Middle East & Africa. Asia-Pacific is expected to be a lucrative market for PMSMs during the forecast period.

Get a SAMPLE Copy:
http://www.marketsandmarkets.com/requestsample.asp?id=388719

Research Methodology:

This report caters to PMSM manufacturers, dealers, suppliers, permanent magnet providers, raw material providers, consulting companies in the energy and power sector, government and research organizations, electric motor associations, power & electrical associations, and investment banks. The advantages of the PMSM such as high power density, fast dynamic response, and high efficiency would boost its usage in motor applications. Apart from this, PMSMs have a 30% to 60% higher torque capacity with faster acceleration and deceleration, as compared to asynchronous type motors. These drivers are likely to push the PMSM market over other motor types. The global PMSM market was valued at USD 14.32 Billion in 2014. It is expected to reach USD 25.18 Billion by 2020.

About MarketsandMarkets
MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441 FREE
sales@marketsandmarkets.com
http://www.marketsandmarketsblog.com/market-reports/energy-and-power