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FactMR: Permanent Magnet Synchronous Motors Market Players Eye Opportunities in EV Segment: Fact.MR Market players are focusing on creating and developing energy efficient motors that utilize permanent magnet materials along with high magnetic flux density due to increasing environmental issues. ROCKVILLE, MD / ACCESSWIRE / December 15, 2020 / The global permanent magnet synchronous motors market is likely to foresee a healthy CAGR of 5% during the forecast period 2020-2030. Increasing prospects in the EV segment, together with emphasis on energy-efficient motors is likely to be the strategic focus areas for market players. Steady technological progressions together with R&D for innovative design concepts have furthered the market with the launch of numerous sorts of synchronous motors such as radial field and axial field permanent magnet synchronous motors. ....
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