The increasing awareness about using green energy for vehicles and rising popularity of electric vehicles is a prime factor augmenting the growth of the global permanent magnet synchronous motors magnet during the forecast period set between 2020 and 2030. A PMSM or permanent magnet synchronous motor helps to create a constant magnetic field by using permanent magnets installed in the steel rotor for creating a stagnant magnetic field. Synchronous motors contain multiphase AC electromagnets on the stator of the engine that make a magnetic field which turns on schedule with the motions of the line current. The rotor with permanent magnets or electromagnets turns in sync with the stator field at a similar rate and accordingly, gives the second synchronized pivoting magnet field of any AC engine.
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The global permanent magnet synchronous motors market is classified on the basis of capacity, type, control, end use, and region. Based on capacity, the market is categorized into capacity, type, control, end use, and geography. As per classification by capacity, the market is divided into 450 600 kW, above Kw, and 375-450 Kw. In terms of categorization by type, the market is bifurcated into interior and surface motors respectively. As per segmentation by control, the market is divided into sinusoidal and trapezoidal. Among these, the sinusoidal segment is again bifurcated into vector and scalar, and the trapezoidal segment is bifurcated into closed loop and open loop. With respect to segmentation by end use, the market is distinguished into mining, power, defense, marine, oil & gas, automotive, aerospace, electrical & electronics, and others that include healthcare.
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