| Product Code: ETC4766270 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Norway`s import shipments of permanent magnet motors saw a significant growth rate in 2024, with top exporting countries being the USA, Germany, China, Bulgaria, and Sweden. The market remained fairly competitive, as indicated by the low Herfindahl-Hirschman Index (HHI) concentration. The compound annual growth rate (CAGR) from 2020 to 2024 was impressive at 19.19%, showing a strong overall upward trend. Additionally, the growth rate from 2023 to 2024 remained positive at 5.45%, highlighting continued momentum in the import market for permanent magnet motors in Norway.

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 Norway Permanent Magnet Motor Market Overview |
3.1 Norway Country Macro Economic Indicators |
3.2 Norway Permanent Magnet Motor Market Revenues & Volume, 2021 & 2031F |
3.3 Norway Permanent Magnet Motor Market - Industry Life Cycle |
3.4 Norway Permanent Magnet Motor Market - Porter's Five Forces |
3.5 Norway Permanent Magnet Motor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Norway Permanent Magnet Motor Market Revenues & Volume Share, By Power Rating, 2021 & 2031F |
3.7 Norway Permanent Magnet Motor Market Revenues & Volume Share, By End-user, 2021 & 2031F |
4 Norway Permanent Magnet Motor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient solutions in various industries |
4.2.2 Government initiatives promoting the use of renewable energy sources |
4.2.3 Growing adoption of electric vehicles in Norway |
4.3 Market Restraints |
4.3.1 High initial cost of permanent magnet motors |
4.3.2 Supply chain disruptions affecting raw material availability |
4.3.3 Competition from other motor technologies |
5 Norway Permanent Magnet Motor Market Trends |
6 Norway Permanent Magnet Motor Market Segmentations |
6.1 Norway Permanent Magnet Motor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Norway Permanent Magnet Motor Market Revenues & Volume, By PMAC, 2021-2031F |
6.1.3 Norway Permanent Magnet Motor Market Revenues & Volume, By PMDC, 2021-2031F |
6.1.4 Norway Permanent Magnet Motor Market Revenues & Volume, By Brushless DC, 2021-2031F |
6.2 Norway Permanent Magnet Motor Market, By Power Rating |
6.2.1 Overview and Analysis |
6.2.2 Norway Permanent Magnet Motor Market Revenues & Volume, By Up to 25 kW, 2021-2031F |
6.2.3 Norway Permanent Magnet Motor Market Revenues & Volume, By 25? ??100 kW, 2021-2031F |
6.2.4 Norway Permanent Magnet Motor Market Revenues & Volume, By 100? ??300 kW, 2021-2031F |
6.2.5 Norway Permanent Magnet Motor Market Revenues & Volume, By 300 kW and Above, 2021-2031F |
6.3 Norway Permanent Magnet Motor Market, By End-user |
6.3.1 Overview and Analysis |
6.3.2 Norway Permanent Magnet Motor Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.3 Norway Permanent Magnet Motor Market Revenues & Volume, By Commercial and Residential, 2021-2031F |
6.3.4 Norway Permanent Magnet Motor Market Revenues & Volume, By Others, 2021-2031F |
7 Norway Permanent Magnet Motor Market Import-Export Trade Statistics |
7.1 Norway Permanent Magnet Motor Market Export to Major Countries |
7.2 Norway Permanent Magnet Motor Market Imports from Major Countries |
8 Norway Permanent Magnet Motor Market Key Performance Indicators |
8.1 Average efficiency improvement of permanent magnet motors |
8.2 Number of government policies supporting renewable energy adoption |
8.3 Growth rate of electric vehicle sales in Norway |
9 Norway Permanent Magnet Motor Market - Opportunity Assessment |
9.1 Norway Permanent Magnet Motor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Norway Permanent Magnet Motor Market Opportunity Assessment, By Power Rating, 2021 & 2031F |
9.3 Norway Permanent Magnet Motor Market Opportunity Assessment, By End-user, 2021 & 2031F |
10 Norway Permanent Magnet Motor Market - Competitive Landscape |
10.1 Norway Permanent Magnet Motor Market Revenue Share, By Companies, 2024 |
10.2 Norway Permanent Magnet Motor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |