Permanent Magnet Motor Market Likely to Reach $161.9B by 2036

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2026-08-21 06:44:41 -

August 21, 2026 — The global permanent magnet motor market is estimated at USD 60.2 billion in 2026 and is projected to reach USD 161.9 billion by 2036, expanding at a 10.4% CAGR during the forecast period, according to Fact.MR. The market was valued at USD 55.3 billion in 2025, with absolute dollar growth of USD 101.7...

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