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Regional Trends in the Permanent Magnet Motor Industry 2025–2032 | #permanent magnet motor market

Regional Trends in the Permanent Magnet Motor Industry 2025–2032

Regional Trends in the Permanent Magnet Motor Industry 2025–2032

The global permanent magnet motor market size was valued at USD 55.71 billion in 2024 and is projected to grow from USD 60.92 billion in 2025 to USD 114.26 billion by 2032, exhibiting a CAGR of 9.39% during the forecast period.