Asia Pacific Permanent Magnet Motor Market (2025-2031) | Share, Size, Industry, Value, Growth, Revenue, Analysis, Trends, Segmentation, Outlook

Market Forecast by Countries (China, India, Japan, Australia, Indonesia, Philippines, Thailand, Malaysia, and Rest of Asia), By Type (PMAC, PMDC, Brushless DC), By Power Rating (Up to 25 kW, 25-100 kW, 100-300 kW, 300 kW and Above), By End-user (Industrial, Commercial and Residential, Others) And Competitive Landscape

Product Code: ETC077029 Publication Date: Aug 2021 Updated Date: Feb 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 200 No. of Figures: 90 No. of Tables: 30

Asia Pacific Permanent Magnet Motor Market Highlights

Report Name Asia Pacific Permanent Magnet Motor Market
CAGR 9.8% 
Market Size USD 9.8 Billion By 2031
Growing Sector Industrial
Forecast Period 2025-2031

Topics Covered in the Asia Pacific Permanent Magnet Motor Market Report

Asia Pacific Permanent Magnet Motor Market report thoroughly covers the by Power Rating, by type, by Countries and by end user. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Asia Pacific Permanent Magnet Motor Market Size & Analysis

The Asia Pacific Permanent Magnet Motor Market has been experiencing significant growth over the past few years. The Market is projected to expand at a CAGR of 9.8% from 2025 to 2031. Additionally, by 2031, the market size is expected to reach around USD 9.8 billion.

Asia Pacific Permanent Magnet Motor Market Synopsis

The Asia Pacific permanent magnet motor market has experienced significant growth in recent years, driven by advancements in technology, increasing industrial automation, and the rising demand for energy-efficient solutions. Permanent magnet motors are widely used in various sectors, including automotive, electronics, robotics, and renewable energy, due to their high efficiency, compact size, and reliability. The region's rapid industrialization and growing investments in sustainable energy projects are further fueling the market expansion. Key contributors to this growth include countries like China, Japan, and South Korea, which are leading in innovation and production. The market is expected to continue its upward trajectory, bolstered by government initiatives promoting eco-friendly technologies and the integration of smart systems across industries.

According to 6Wresearch, the Asia Pacific Permanent Magnet Motor Market revenue is expected to reach at a significant CAGR of 9.8% during the forecast period 2025-2031. The Asia Pacific permanent magnet motor market is experiencing significant growth due to several driving factors. One of the key drivers is the increasing adoption of energy-efficient technologies across various industries, fueled by stringent government regulations on energy conservation. The growing demand from sectors such as automotive, industrial machinery, and consumer electronics also contributes to market expansion. Additionally, advancements in materials science, such as the development of high-performance rare-earth magnets, are enhancing motor efficiency and reliability.

The high cost of rare-earth materials, primarily sourced from a limited number of suppliers, contributes to supply chain disruptions and price volatility. Furthermore, environmental concerns related to the mining and extraction of these materials present additional obstacles. Manufacturers must also address competition from alternative motor technologies, which continue to improve in performance and affordability. Balancing these factors will be crucial for sustained growth in this dynamic market.

Asia Pacific Permanent Magnet Motor Market Trends

  • Rising Demand for Energy Efficiency: The Asia Pacific permanent magnet motor market is experiencing significant growth due to the increasing emphasis on energy-efficient solutions across industrial and commercial sectors.
  • Expansion of Electric Vehicles (EVs): The growing adoption of electric vehicles in the region, driven by government incentives and shifting consumer preferences, has significantly boosted the demand for permanent magnet motors.
  • Industrial Automation Advancements: The push towards automation in manufacturing and production processes is leading to higher integration of permanent magnet motors in machinery and robotics.

Investment Opportunities in the Asia Pacific Permanent Magnet Motor Market

  • Rising Healthcare and Robotics Applications: The use of permanent magnet motors in advanced healthcare equipment and robotic systems is expanding, driven by technological advancements and increased healthcare investments in the region.
  • Supportive Policies and Funding: Various Asia Pacific governments are providing funding and regulatory support to industries promoting sustainable and efficient technologies, indirectly bolstering growth in the permanent magnet motor market.
  • Demand in Consumer Electronics Market: With the surge in production and consumption of consumer electronics such as smartphones, home appliances, and wearable devices, permanent magnet motors remain a key component in ensuring device efficiency and durability.

Leading Players of the Asia Pacific Permanent Magnet Motor Market

The Asia Pacific permanent magnet motor market is driven by the presence of several prominent companies that leverage advanced technologies and innovative solutions to maintain their competitive edge. Key players in this market include Mitsubishi Electric Corporation, Toshiba Corporation, Nidec Corporation, and LG Electronics. These companies are renowned for their extensive product portfolios, research and development capabilities, and strong regional presence, which collectively contribute to the growth of the market. Additionally, emerging players in the region are gaining momentum by focusing on energy-efficient solutions and catering to the rising demand across various industries such as automotive, electronics, and renewable energy.

Government Regulations Introduced in the Asia Pacific Permanent Magnet Motor Market

The Asia Pacific region has witnessed significant growth in the adoption of permanent magnet motors, driven by increasing demand across industries such as automotive, electronics, and renewable energy. Governments in this region have introduced various regulations to promote energy efficiency and reduce carbon emissions, which directly impact the permanent magnet motor market. For instance, countries like China, Japan, and India have implemented stringent energy efficiency standards and policies encouraging the use of advanced motor technologies to minimize energy consumption. Additionally, several nations offer incentives and subsidies for industries adopting eco-friendly solutions, further boosting the proliferation of permanent magnet motors in the region.

Future Insights of the Asia Pacific Permanent Magnet Motor Market

The Asia Pacific permanent magnet motor market is poised for substantial growth in the coming years, driven by advancements in technology and increasing demand for energy-efficient solutions. With rising industrial automation and the adoption of electric vehicles, the market is expected to witness significant innovations and expansions. This region, with its robust manufacturing hubs and growing renewable energy initiatives, presents lucrative opportunities for manufacturers and investors. Additionally, government incentives and regulatory support for sustainable energy are anticipated to further accelerate market growth. Emerging trends, such as the integration of IoT in motor systems and the development of high-performance magnet materials, are set to shape the future landscape of this dynamic market.

Market Segmentation Analysis

The report offers a comprehensive study of the subsequent market segments and their leading categories.

India to Dominate the Market - By Countries

According to Ravi Bhandari, Research Head, 6wresearch, India has emerged as a significant player in the Asia Pacific permanent magnet motor market, driven by rapid industrialization, a growing focus on energy efficiency, and advancements in automotive and renewable energy sectors. The demand for permanent magnet motors is increasing due to their high efficiency, compact size, and reliability. Industries such as electric vehicles (EVs), robotics, and HVAC systems are key contributors to this growth. Additionally, government initiatives promoting renewable energy and electric mobility have further fueled the adoption of permanent magnet motors in India. With its expanding manufacturing capabilities and supportive policy framework, India is poised to play a pivotal role in shaping the market dynamics of the Asia Pacific region.

Brushless DC to dominate the market – By Type

The brushless DC (BLDC) permanent magnet motor market in the Asia-Pacific region is witnessing significant growth due to rising demand across various industries. These motors are valued for their efficiency, reliability, and compact design, making them suitable for automotive, industrial machinery, and consumer electronics applications. Key drivers include the increased adoption in electric vehicles (EVs), the push for energy-efficient solutions, and advancements in industrial automation. Countries like China, India, and Japan are leading the way, fueled by government initiatives promoting sustainable and electrified technologies.

Up to 25KW to dominate the market – By Power Rating

The demand for permanent magnet motors with a power rating of up to 25kW is particularly robust in the Asia-Pacific market. These motors cater to applications requiring high efficiency and performance at lower power levels, such as electric scooters, small EVs, robotics, and light industrial machinery. The growth of urbanization and the rise of micro-mobility solutions in countries like China and India have contributed significantly to the adoption of these motors. Additionally, government incentives supporting the transition to energy-efficient technologies play a critical role in driving innovation and competitiveness within this segment.

Commercial to dominate the market – By End-User

The Asia-Pacific region presents a lucrative commercial opportunity for players in the permanent magnet motor market. With the rising adoption of energy-efficient motors across industries, manufacturers are scaling up production to meet increasing demand. Key industries driving this growth include automotive, consumer electronics, and industrial machinery, where permanent magnet motors are favored for their superior performance and reduced energy consumption. Furthermore, partnerships with local distributors and investments in regional manufacturing hubs help companies reduce costs while boosting market reach.

Key Attractiveness of the Report

  • 10 Years of Market Numbers.
  • Historical Data Starting from 2021 to 2024.
  • Base Year: 2024
  • Forecast Data until 2031.
  • Key Performance Indicators Impacting the Market.
  • Factors Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Asia Pacific Permanent Magnet Motor Market Outlook
  • Market Size of Asia Pacific Permanent Magnet Motor Market, 2024
  • Forecast of Asia Pacific Permanent Magnet Motor Market, 2031
  • Historical Data and Forecast of Asia Pacific Permanent Magnet Motor Revenues & Volume for the Period 2021 - 2031
  • Asia Pacific Permanent Magnet Motor Market Trend Evolution
  • Asia Pacific Permanent Magnet Motor Market Drivers and Challenges
  • Asia Pacific Permanent Magnet Motor Price Trends
  • Asia Pacific Permanent Magnet Motor Porter's Five Forces
  • Asia Pacific Permanent Magnet Motor Industry Life Cycle
  • Historical Data and Forecast of Asia Pacific Permanent Magnet Motor Market Revenues & Volume By Type for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Pacific Permanent Magnet Motor Market Revenues & Volume By PMAC for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Pacific Permanent Magnet Motor Market Revenues & Volume By PMDC for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Pacific Permanent Magnet Motor Market Revenues & Volume By Brushless DC for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Pacific Permanent Magnet Motor Market Revenues & Volume By Power Rating for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Pacific Permanent Magnet Motor Market Revenues & Volume By Up to 25 kW for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Pacific Permanent Magnet Motor Market Revenues & Volume By 25-100 kW for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Pacific Permanent Magnet Motor Market Revenues & Volume By 100-300 kW for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Pacific Permanent Magnet Motor Market Revenues & Volume By 300 kW and Above for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Pacific Permanent Magnet Motor Market Revenues & Volume By End-user for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Pacific Permanent Magnet Motor Market Revenues & Volume By Industrial for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Pacific Permanent Magnet Motor Market Revenues & Volume By Commercial for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Pacific Permanent Magnet Motor Market Revenues & Volume By Residential for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Pacific Permanent Magnet Motor Market Revenues & Volume By Others for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Pacific Permanent Magnet Motor Market Revenues & Volume By Countries for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Pacific Permanent Magnet Motor Market Revenues & Volume By China for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Pacific Permanent Magnet Motor Market Revenues & Volume By India for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Pacific Permanent Magnet Motor Market Revenues & Volume By Japan for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Pacific Permanent Magnet Motor Market Revenues & Volume By Australia for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Pacific Permanent Magnet Motor Market Revenues & Volume By Indonesia for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Pacific Permanent Magnet Motor Market Revenues & Volume By Philippines for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Pacific Permanent Magnet Motor Market Revenues & Volume By Thailand for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Pacific Permanent Magnet Motor Market Revenues & Volume By Malaysia for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Pacific Permanent Magnet Motor Market Revenues & Volume By Rest of Asia for the Period 2021 - 2031
  • Asia Pacific Permanent Magnet Motor Market - Key Performance Indicators
  • Asia Pacific Permanent Magnet Motor Market - Import Export Trade Statistics
  • Asia Pacific Permanent Magnet Motor Market - Opportunity Assessment By Countries
  • Asia Pacific Permanent Magnet Motor Market - Opportunity Assessment By Type
  • Asia Pacific Permanent Magnet Motor Market - Opportunity Assessment By Power Rating
  • Asia Pacific Permanent Magnet Motor Market - Opportunity Assessment By End-user
  • Asia Pacific Permanent Magnet Motor Market - Top Companies Market Share
  • Asia Pacific Permanent Magnet Motor Market - Top Companies Profiles
  • Asia Pacific Permanent Magnet Motor Market - Comparison of Players in Technical and Operating Parameters
  • Asia Pacific Permanent Magnet Motor Market - Strategic Recommendations

Market Covered

The market report has been segmented and sub segmented into the following categories:

By Countries

  • China
  • India
  • Japan
  • Australia
  • Indonesia
  • Philippines
  • Thailand
  • Malaysia
  • Rest of Asia

By Type

  • PMAC
  • PMDC
  • Brushless DC

By Power Rating

  • Up to 25 kW
  • 25-100 kW
  • 100-300 kW
  • 300 kW and Above

By End-user

  • Industrial
  • Commercial
  • Residential
  • Others

Asia Pacific Permanent Magnet Motor Market (2025-2031): FAQs

The growth of the Asia Pacific Permanent Magnet Motor Market is primarily driven by increasing industrial automation, and the widespread adoption of electric vehicles.
Challenges include fluctuating raw material prices, particularly for rare earth elements, and the environmental concerns associated with mining these materials.
Major end-users include the automotive, electronics, aerospace, healthcare, and manufacturing industries, where the need for precision, efficiency, and sustainability is critical.
Permanent magnet motors offer high efficiency, compact design, and reduced maintenance costs, and enabling industries to achieve enhanced performance.
6Wresearch actively monitors the Asia Pacific Permanent Magnet Motor Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Asia Pacific Permanent Magnet Motor Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 Asia Pacific Permanent Magnet Motor Market Overview
3.1 Asia Pacific Permanent Magnet Motor Market Revenues & Volume, 2021 & 2031F
3.2 Asia Pacific Permanent Magnet Motor Market - Industry Life Cycle
3.3 Asia Pacific Permanent Magnet Motor Market - Porter's Five Forces
3.4 Asia Pacific Permanent Magnet Motor Market Revenues & Volume Share, By Countries, 2021 & 2031F
3.5 Asia Pacific Permanent Magnet Motor Market Revenues & Volume Share, By Type, 2021 & 2031F
3.6 Asia Pacific Permanent Magnet Motor Market Revenues & Volume Share, By Power Rating, 2021 & 2031F
3.7 Asia Pacific Permanent Magnet Motor Market Revenues & Volume Share, By End-user, 2021 & 2031F
4 Asia Pacific Permanent Magnet Motor Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 Asia Pacific Permanent Magnet Motor Market Trends
6 Asia Pacific Permanent Magnet Motor Market, 2021-2031
6.1 Asia Pacific Permanent Magnet Motor Market, Revenues & Volume, By Type, 2021-2031
6.2 Asia Pacific Permanent Magnet Motor Market, Revenues & Volume, By Power Rating, 2021-2031
6.3 Asia Pacific Permanent Magnet Motor Market, Revenues & Volume, By End-user, 2021-2031
7 China Permanent Magnet Motor Market, 2021-2031
7.1 China Permanent Magnet Motor Market, Revenues & Volume, By Type, 2021-2031
7.2 China Permanent Magnet Motor Market, Revenues & Volume, By Power Rating, 2021-2031
7.3 China Permanent Magnet Motor Market, Revenues & Volume, By End-user, 2021-2031
8 India Permanent Magnet Motor Market, 2021-2031
8.1 India Permanent Magnet Motor Market, Revenues & Volume, By Type, 2021-2031
8.2 India Permanent Magnet Motor Market, Revenues & Volume, By Power Rating, 2021-2031
8.3 India Permanent Magnet Motor Market, Revenues & Volume, By End-user, 2021-2031
9 Japan Permanent Magnet Motor Market, 2021-2031
9.1 Japan Permanent Magnet Motor Market, Revenues & Volume, By Type, 2021-2031
9.2 Japan Permanent Magnet Motor Market, Revenues & Volume, By Power Rating, 2021-2031
9.3 Japan Permanent Magnet Motor Market, Revenues & Volume, By End-user, 2021-2031
10 Australia Permanent Magnet Motor Market, 2021-2031
10.1 Australia Permanent Magnet Motor Market, Revenues & Volume, By Type, 2021-2031
10.2 Australia Permanent Magnet Motor Market, Revenues & Volume, By Power Rating, 2021-2031
10.3 Australia Permanent Magnet Motor Market, Revenues & Volume, By End-user, 2021-2031
11 Indonesia Permanent Magnet Motor Market, 2021-2031
11.1 Indonesia Permanent Magnet Motor Market, Revenues & Volume, By Type, 2021-2031
11.2 Indonesia Permanent Magnet Motor Market, Revenues & Volume, By Power Rating, 2021-2031
11.3 Indonesia Permanent Magnet Motor Market, Revenues & Volume, By End-user, 2021-2031
12 Philippines Permanent Magnet Motor Market, 2021-2031
12.1 Philippines Permanent Magnet Motor Market, Revenues & Volume, By Type, 2021-2031
12.2 Philippines Permanent Magnet Motor Market, Revenues & Volume, By Power Rating, 2021-2031
12.3 Philippines Permanent Magnet Motor Market, Revenues & Volume, By End-user, 2021-2031
13 Malaysia Permanent Magnet Motor Market, 2021-2031
13.1 Malaysia Permanent Magnet Motor Market, Revenues & Volume, By Type, 2021-2031
13.2 Malaysia Permanent Magnet Motor Market, Revenues & Volume, By Power Rating, 2021-2031
13.3 Malaysia Permanent Magnet Motor Market, Revenues & Volume, By End-user, 2021-2031
14 Rest of Asia Permanent Magnet Motor Market, 2021-2031
14.1 Rest of Asia Permanent Magnet Motor Market, Revenues & Volume, By Type, 2021-2031
14.2 Rest of Asia Permanent Magnet Motor Market, Revenues & Volume, By Power Rating, 2021-2031
14.3 Rest of Asia Permanent Magnet Motor Market, Revenues & Volume, By End-user, 2021-2031
15 Asia Pacific Permanent Magnet Motor Market Key Performance Indicators
16 Asia Pacific Permanent Magnet Motor Market - Opportunity Assessment
16.1 Asia Pacific Permanent Magnet Motor Market Opportunity Assessment, By Countries, 2021 & 2031F
16.2 Asia Pacific Permanent Magnet Motor Market Opportunity Assessment, By Type, 2021 & 2031F
16.3 Asia Pacific Permanent Magnet Motor Market Opportunity Assessment, By Power Rating, 2021 & 2031F
16.4 Asia Pacific Permanent Magnet Motor Market Opportunity Assessment, By End-user, 2021 & 2031F
17 Asia Pacific Permanent Magnet Motor Market - Competitive Landscape
17.1 Asia Pacific Permanent Magnet Motor Market Revenue Share, By Companies, 2024
17.2 Asia Pacific Permanent Magnet Motor Market Competitive Benchmarking, By Operating and Technical Parameters
18 Company Profiles
19 Recommendations
20 Disclaimer
Pricing
  • Single User License
    $ 4,560
  • Department License
    $ 5,055
  • Site License
    $ 5,595
  • Global License
    $ 6,000
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Thought Leadership and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Related Reports

Industry Events and Analyst Meet

Whitepaper

Read All