Permanent Magnet Motor Market Projected to Reach USD 161.9 Billion...

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2026-08-26 06:30:11 -

Permanent Magnet Motor Market Projected to Reach USD 161.9 Billion by 2036

August 26, 2026 — The 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 analysis. The market was valued at USD 55.3 billion in 2025, with an expected absolute increase of USD 101.7...

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