The Permanent Magnet Motor Market is projected to grow from an estimated value at USD 27.15 Billion in 2017 and is projected to grow at a CAGR of 8.87%, during the forecast period, to reach USD 45.13 Billion by 2023.

The permanent magnet motor market is expected to grow from an estimated market size of USD 29.50 Billion in 2018 to USD 45.13 Billion by 2023, at a CAGR of 8.87%, from 2018 to 2023.

The permanent magnet motor market is expected to grow from an estimated market size of USD 29.50 Billion in 2018 to USD 45.13 Billion by 2023, at a CAGR of 8.87%, from 2018 to 2023.