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.
