Philippines Permanent Magnet Synchronous Motors Market (2025-2031) | Share, Analysis, Growth, Industry, Value, Outlook, Trends, Competitive Landscape, Companies, Size & Revenue, Forecast, Segmentation
Market Forecast By Capacity (375 450 kW, 450 600 kW, Above 600 kW), By Type (Surface Permanent Magnet Synchronous Motor, Interior Permanent Magnet Synchronous Motor), By Control (Trapezoidal, Open Loop, Closed Loop, Sinusoidal, Scalar, Vector), By End Use (Electrical & Electronics, Aerospace & Automotive, Oil & Gas, Marine, Defense, Power, Mining, Others) And Competitive Landscape
| Product Code: ETC8848426 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Philippines Permanent Magnet Synchronous Motors Market Top 5 Importing Countries and Market Competition (HHI) Analysis
In 2024, the Philippines saw a steady growth in the import of permanent magnet synchronous motors, with top exporters being China, Mexico, Vietnam, India, and Japan. The market remained moderately concentrated with a Herfindahl-Hirschman Index (HHI) indicating stable competition. The sector displayed a healthy Compound Annual Growth Rate (CAGR) of 5.44% from 2020 to 2024, with an impressive growth rate of 10.17% in 2023-24. This data suggests a promising outlook for the industry, driven by strong partnerships with key exporting countries and sustained demand for efficient motor technologies in the Philippines.
Key Highlights of the Report:
- Philippines Permanent Magnet Synchronous Motors Market Outlook
- Market Size of Philippines Permanent Magnet Synchronous Motors Market, 2024
- Forecast of Philippines Permanent Magnet Synchronous Motors Market, 2031
- Historical Data and Forecast of Philippines Permanent Magnet Synchronous Motors Revenues & Volume for the Period 2021- 2031
- Philippines Permanent Magnet Synchronous Motors Market Trend Evolution
- Philippines Permanent Magnet Synchronous Motors Market Drivers and Challenges
- Philippines Permanent Magnet Synchronous Motors Price Trends
- Philippines Permanent Magnet Synchronous Motors Porter's Five Forces
- Philippines Permanent Magnet Synchronous Motors Industry Life Cycle
- Historical Data and Forecast of Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume By Capacity for the Period 2021- 2031
- Historical Data and Forecast of Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume By 375 450 kW for the Period 2021- 2031
- Historical Data and Forecast of Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume By 450 600 kW for the Period 2021- 2031
- Historical Data and Forecast of Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume By Above 600 kW for the Period 2021- 2031
- Historical Data and Forecast of Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume By Type for the Period 2021- 2031
- Historical Data and Forecast of Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume By Surface Permanent Magnet Synchronous Motor for the Period 2021- 2031
- Historical Data and Forecast of Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume By Interior Permanent Magnet Synchronous Motor for the Period 2021- 2031
- Historical Data and Forecast of Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume By Control for the Period 2021- 2031
- Historical Data and Forecast of Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume By Trapezoidal for the Period 2021- 2031
- Historical Data and Forecast of Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume By Open Loop for the Period 2021- 2031
- Historical Data and Forecast of Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume By Closed Loop for the Period 2021- 2031
- Historical Data and Forecast of Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume By Sinusoidal for the Period 2021- 2031
- Historical Data and Forecast of Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume By Scalar for the Period 2021- 2031
- Historical Data and Forecast of Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume By Vector for the Period 2021- 2031
- Historical Data and Forecast of Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume By End Use for the Period 2021- 2031
- Historical Data and Forecast of Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume By Electrical & Electronics for the Period 2021- 2031
- Historical Data and Forecast of Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume By Aerospace & Automotive for the Period 2021- 2031
- Historical Data and Forecast of Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume By Oil & Gas for the Period 2021- 2031
- Historical Data and Forecast of Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume By Marine for the Period 2021- 2031
- Historical Data and Forecast of Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume By Defense for the Period 2021- 2031
- Historical Data and Forecast of Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume By Power for the Period 2021- 2031
- Historical Data and Forecast of Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume By Mining for the Period 2021- 2031
- Historical Data and Forecast of Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume By Others for the Period 2021- 2031
- Philippines Permanent Magnet Synchronous Motors Import Export Trade Statistics
- Market Opportunity Assessment By Capacity
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By Control
- Market Opportunity Assessment By End Use
- Philippines Permanent Magnet Synchronous Motors Top Companies Market Share
- Philippines Permanent Magnet Synchronous Motors Competitive Benchmarking By Technical and Operational Parameters
- Philippines Permanent Magnet Synchronous Motors Company Profiles
- Philippines Permanent Magnet Synchronous Motors Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Philippines Permanent Magnet Synchronous Motors 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 Philippines Permanent Magnet Synchronous Motors 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 Philippines Permanent Magnet Synchronous Motors Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Permanent Magnet Synchronous Motors Market - Industry Life Cycle |
3.4 Philippines Permanent Magnet Synchronous Motors Market - Porter's Five Forces |
3.5 Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.6 Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume Share, By Control, 2021 & 2031F |
3.8 Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Philippines Permanent Magnet Synchronous Motors 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 to promote the adoption of electric vehicles |
4.2.3 Growth in automation and robotics industries in the Philippines |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with permanent magnet synchronous motors |
4.3.2 Lack of awareness and understanding about the benefits of these motors among end-users |
4.3.3 Availability of alternative motor technologies in the market |
5 Philippines Permanent Magnet Synchronous Motors Market Trends |
6 Philippines Permanent Magnet Synchronous Motors Market, By Types |
6.1 Philippines Permanent Magnet Synchronous Motors Market, By Capacity |
6.1.1 Overview and Analysis |
6.1.2 Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume, By Capacity, 2021- 2031F |
6.1.3 Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume, By 375 450 kW, 2021- 2031F |
6.1.4 Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume, By 450 600 kW, 2021- 2031F |
6.1.5 Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume, By Above 600 kW, 2021- 2031F |
6.2 Philippines Permanent Magnet Synchronous Motors Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume, By Surface Permanent Magnet Synchronous Motor, 2021- 2031F |
6.2.3 Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume, By Interior Permanent Magnet Synchronous Motor, 2021- 2031F |
6.3 Philippines Permanent Magnet Synchronous Motors Market, By Control |
6.3.1 Overview and Analysis |
6.3.2 Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume, By Trapezoidal, 2021- 2031F |
6.3.3 Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume, By Open Loop, 2021- 2031F |
6.3.4 Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume, By Closed Loop, 2021- 2031F |
6.3.5 Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume, By Sinusoidal, 2021- 2031F |
6.3.6 Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume, By Scalar, 2021- 2031F |
6.3.7 Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume, By Vector, 2021- 2031F |
6.4 Philippines Permanent Magnet Synchronous Motors Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume, By Electrical & Electronics, 2021- 2031F |
6.4.3 Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume, By Aerospace & Automotive, 2021- 2031F |
6.4.4 Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume, By Oil & Gas, 2021- 2031F |
6.4.5 Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume, By Marine, 2021- 2031F |
6.4.6 Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume, By Defense, 2021- 2031F |
6.4.7 Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume, By Power, 2021- 2031F |
6.4.8 Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume, By Others, 2021- 2031F |
6.4.9 Philippines Permanent Magnet Synchronous Motors Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Permanent Magnet Synchronous Motors Market Import-Export Trade Statistics |
7.1 Philippines Permanent Magnet Synchronous Motors Market Export to Major Countries |
7.2 Philippines Permanent Magnet Synchronous Motors Market Imports from Major Countries |
8 Philippines Permanent Magnet Synchronous Motors Market Key Performance Indicators |
8.1 Energy savings achieved through the use of permanent magnet synchronous motors |
8.2 Number of electric vehicles using permanent magnet synchronous motors in the Philippines |
8.3 Adoption rate of permanent magnet synchronous motors in key industries such as manufacturing and automotive sector |
9 Philippines Permanent Magnet Synchronous Motors Market - Opportunity Assessment |
9.1 Philippines Permanent Magnet Synchronous Motors Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.2 Philippines Permanent Magnet Synchronous Motors Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Philippines Permanent Magnet Synchronous Motors Market Opportunity Assessment, By Control, 2021 & 2031F |
9.4 Philippines Permanent Magnet Synchronous Motors Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Philippines Permanent Magnet Synchronous Motors Market - Competitive Landscape |
10.1 Philippines Permanent Magnet Synchronous Motors Market Revenue Share, By Companies, 2024 |
10.2 Philippines Permanent Magnet Synchronous Motors Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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