Alternating current (AC) motor’s rising popularity is increasing the scope for global permanent magnet motor market

Allied Market Research published a report titled “Global Permanent Magnet Motor Market (Motor Type, Magnet type, Power Range, Applications and Geography) - Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013 – 2020.” The report offers incisive data on the overall permanent magnet motor market. The report would help the market investors and related participants to understand the overall market growth.

Alternating current (AC) motor’s rising popularity is increasing the scope for global permanent magnet motor market. Alternating current (AC) motor is defined as an electrical machine, which helps to convert the electric energy or alternating current into the mechanical energy. The mechanical energy is applied by rotating the magnetic fields allowing the machine to function by an alternating current flowing through the coil.

The large scale availability of the ac power is the key reason for the adoption of alternating current motor. “These motors can easily built with large number of features (characteristics), wide range of sizes from few watts to thousands of kilowatts. AC motors are useful in the industry applications and machine tools and are extensively useful in industrial applications due to lower cost and durability. It is used in pumps, blowers, conveyors & compressors and home appliances etc. Permanent magnet AC motors itself contains permanent magnet material, which eliminates the secondary circuit rotor losses resulting in higher efficiency and better factor to boot. The material is either surface–mounted to the rotor lamination stack or embedded within the rotor laminations,” states AMR analyst.

“Permanentmagnet rotor technology uses neodymium-based rare-earth magnet as it offer features such as high-energy product and high temperature operating qualities,” adds the analyst.

The Italian bike producer, Energica, has manufactured the Energica Ego bike model in 2013. The company has utilized permanent magnet AC motor. This motor releases 144 pound-feet of peak torque. 

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