IMARC Group, a leading market research company, has recently released a report titled “IE4 Permanent Magnet Synchronous Motors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the IE4 permanent magnet synchronous motors market, size, share, trends and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How big is the IE4 Permanent Magnet Synchronous Motors Market?
The global IE4 permanent magnet synchronous motors market size reached US$ 152.16 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 250.45 Million by 2028, exhibiting a growth rate (CAGR) of 8.40% during 2023-2028.
What are IE4 Permanent Magnet Synchronous Motors?
IE4 permanent magnet synchronous motors belong to the premium efficiency class of motors and operate by utilizing permanent magnets as rotors to generate field poles. They are specifically designed with three phases, resulting in low eddy current losses and high inherent efficiency. IE4 permanent magnet synchronous motors find widespread usage in the manufacturing of electrical equipment aimed at minimizing resource consumption while maximizing output. They contribute to enhanced cost efficiency and help in reducing the manual effort required to carry out several tasks. IE4 permanent magnet synchronous motors also provide benefits, such as higher torque and power density, improved performance and reliability, reduced noise levels, low rotor inertia, efficient heat dissipation, and excellent power factor across all loads. Consequently, they are extensively employed in robotics, machine tools, actuators, industrial fans, pumps, compressors, and various mechanical applications across the globe.
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What are the growth prospects and trends in the IE4 permanent magnet synchronous motors industry?
The IE4 permanent magnet synchronous motors market is primarily driven by the growing consumer environmental concerns. Moreover, the rising need for superior machine control is acting as another significant growth-inducing factor. Apart from this, the increasing adoption of these motors in material handling equipment, compressed air systems, HVAC systems, refrigerators, pumps, ventilation systems, etc., is positively influencing the global market. Additionally, the shifting preferences among individuals towards green technologies, which offer numerous advantages, such as low fan losses, high-quality insulation, superior lamination, etc., and the launch of favorable policies by government bodies to reduce the depletion of power generation sources are expected to augment the IE4 permanent magnet synchronous motors market over the forecasted period.
What is included in market segmentation?
The report has segmented the market into the following categories:
Product Insights:
Application Insights:
Market Breakup by Region:
Who are the key players operating in the industry?
The report covers the major market players including:
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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IMARC Group Email: sales@imarcgroup.com USA: +1-631-791-1145 | Asia: +91-120-433-0800 Address: 134 N 4th St. Brooklyn, NY 11249, USA Follow us on Twitter: @imarcglobal
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