IE4 Permanent Magnet Synchronous Motors Market Overview
IE4 permanent magnet synchronous motors are used to minimize the consumption of energy and lessen CO2 emissions. These motors are also used to boost the usage of industrial compressors, pumps, fans, and several other mechanical applications. The global IE4 Permanent Magnet Synchronous Motors market is expected to grow at a significant rate in the forecast period.
In a variety of robotic procedures, IE4 motors are used. Control, torque needs, acceleration, angular movements, and speed make IE4 motors an excellent choice for robotic system designers. This key fact supports the development of the global IE4 Permanent Magnet Synchronous Motors market.
Green technology is being more widely adopted around the world. High-quality insulation and lamination, as well as low fan losses, are two advantages of energy-efficient IE4 motors over ordinary motors. Such considerations have a major and visible impact on the expanding demand for energy-efficient IE4 motors in a variety of end-use sectors. Eventually, it propels the growth of the IE4 Permanent Magnet Synchronous Motors market. Also, the implementation of stringent environmental standards and rules are escalating the growth of the market.
Furthermore, end-users of energy-efficient and high-performing IE4 motors include ventilation, HVAC, material handling systems, refrigerators, compressed air, and pumps, which are propelling the growth of the global IE4 Permanent Magnet Synchronous Motors market. Furthermore, substantial demand for IE4 motors is expected in the wind power and blower sectors in the next years.
On the downside, there is a growing preference for the installation of IE2 motors by many domestic manufacturers, due to domestic production constraints, these manufacturers may not be able to adapt IE4 motors. This key fact may hamper the growth of the global IE4 Permanent Magnet Synchronous Motors market.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Product, Application, and Region |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | Fuji Electric Co., Ltd., Kienle + Spiess GmbH, ABB, Anhui Wannan Electric Machine Co., Ltd., Toshiba Corporation, Motori Elettrici s.r.l., Altra Industrial Motion Corp, Bharat Bijlee, CG global, Danfoss, Hitachi Ltd., Kaeser Kompressoren, KSB SE & Co. KGaA, Lafert, Merkes GmbH. |
Covid-19 Impact on IE4 Permanent Magnet Synchronous Motors Market
The ongoing COVID-19 pandemic conditions have severely affected every sector around the world. Whereas, the chemicals and materials sectors were moderately affected during the pandemic. This is primarily due to the uncut demand for chemicals for healthcare, life science, and cleaning agents. However, other elements of chemical and material sectors such as paints, industrial oil, construction materials are facing diminution in demand. Strict lockdown resulted in a nearly 50-60% reduction in supply for raw materials, which directly affected the manufacturing process. Further, halt on many end-use industries directly affected the chemical demand all around the world.
IE4 Permanent Magnet Synchronous Motors Market Segment Overview
Based on Product, the 20–200 kW segment held the largest share in the global IE4 Permanent Magnet Synchronous Motors Market. This is mainly due to an increase in demand for energy-efficient conveyor systems in the manufacturing and automotive industries. Furthermore, according to the application, the Air Compressors & Vacuum Pumps is the most prominent segment in the market. This is because of the increase in demand for compressors systems in the manufacturing and automotive industries.
IE4 Permanent Magnet Synchronous Motors Market, By Product
· <20 kW
· 20–200 kW
· >200 kW
IE4 Permanent Magnet Synchronous Motors Market, By Application
· Material Handling
· Liquid Pumps
· Fans & Ventilation
· Cooling Compressors
· Air Compressors & Vacuum Pumps
· Blowers
· Coolers
IE4 Permanent Magnet Synchronous Motors Market Regional Overview
In terms of geography, Asia-Pacific accounted for the highest share in the IE4 Permanent Magnet Synchronous Motors market and is estimated to continue with its dominant position in the forecast period. This is primarily attributed to industrial growth in developing countries such as India and China. In the market for IE4 permanent magnet synchronous motors, China is a market leader. As a result, the Asia-Pacific countries have the biggest market share for IE4 permanent magnet synchronous motors.
IE4 Permanent Magnet Synchronous Motors Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
IE4 Permanent Magnet Synchronous Motors Market, Key Players
· Fuji Electric Co., Ltd.
· Kienle + Spiess GmbH
· ABB
· Anhui Wannan Electric Machine Co., Ltd.
· Toshiba Corporation
· Motori Elettrici s.r.l.
· Altra Industrial Motion Corp
· Bharat Bijlee
· CG global
· Danfoss
· Hitachi Ltd.
· Kaeser Kompressoren
· KSB SE & Co. KGaA
· Lafert
· Merkes GmbH
Frequently Asked Questions (FAQ) :
Q1. What is the total CAGR expected to be recorded for the IE4 Permanent Magnet Synchronous Motors market during the forecast period?
The IE4 Permanent Magnet Synchronous Motors market is expected to record a CAGR of ~ 9 % during the forecast period
Q2. What are the driving factors for the IE4 Permanent Magnet Synchronous Motors market?
High-quality insulation and lamination, as well as low fan losses, are two advantages of energy-efficient IE4 motors over ordinary motors. Such considerations have a major and visible impact on the expanding demand for energy-efficient IE4 motors in a variety of end-use sectors. Eventually it propels the growth of the IE4 Permanent Magnet Synchronous Motors market
Q3. What are the restraining factors for the IE4 Permanent Magnet Synchronous Motors market?
There is growing preference for installation of IE2 motors by many domestic manufacturers, due to domestic production constraints, these manufacturers may not be able to adapt IE4 motors. This key fact may hamper the growth of the global IE4 Permanent Magnet Synchronous Motors market.
Q4. Which segment is projected to hold the largest share in the IE4 Permanent Magnet Synchronous Motors Market. ?
The 20–200 kW segment is projected to hold the largest share in the IE4 Permanent Magnet Synchronous Motors Market.
Q5. Which are the prominent players in the IE4 Permanent Magnet Synchronous Motors Market?
Fuji Electric Co., Ltd., Kienle + Spiess GmbH, ABB, Anhui Wannan Electric Machine Co., Ltd., Toshiba Corporation, Motori Elettrici s.r.l., Altra Industrial Motion Corp, Bharat Bijlee, CG global, Danfoss, Hitachi Ltd., Kaeser Kompressoren, KSB SE & Co. KGaA, Lafert, Merkes GmbH. are some key players in the IE4 Permanent Magnet Synchronous Motors Market.
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global IE4 Permanent Magnet Synchronous Motors Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Product
- 5.2.1. <20 kW
- 5.2.2. 20–200 kW
- 5.2.3. >200 kW
- 5.3. Market Analysis, Insights and Forecast – By Application
- 5.3.1. Material Handling
- 5.3.2. Liquid Pumps
- 5.3.3. Fans & Ventilation
- 5.3.4. Cooling Compressors
- 5.3.5. Air Compressors & Vacuum Pumps
- 5.3.6. Blowers
- 5.3.7. Coolers
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America, Middle East and Africa
6. North America IE4 Permanent Magnet Synchronous Motors Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Product
- 6.2.1. <20 kW
- 6.2.2. 20–200 kW
- 6.2.3. >200 kW
- 6.3. Market Analysis, Insights and Forecast – By Application
- 6.3.1. Material Handling
- 6.3.2. Liquid Pumps
- 6.3.3. Fans & Ventilation
- 6.3.4. Cooling Compressors
- 6.3.5. Air Compressors & Vacuum Pumps
- 6.3.6. Blowers
- 6.3.7. Coolers
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S.
- 6.4.2. Canada
7. Europe IE4 Permanent Magnet Synchronous Motors Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Product
- 7.2.1. <20 kW
- 7.2.2. 20–200 kW
- 7.2.3. >200 kW
- 7.3. Market Analysis, Insights and Forecast – By Application
- 7.3.1. Material Handling
- 7.3.2. Liquid Pumps
- 7.3.3. Fans & Ventilation
- 7.3.4. Cooling Compressors
- 7.3.5. Air Compressors & Vacuum Pumps
- 7.3.6. Blowers
- 7.3.7. Coolers
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. UK
- 7.4.2. Germany
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Russia
- 7.4.7. Rest of Europe
8. Asia Pacific IE4 Permanent Magnet Synchronous Motors Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Product
- 8.2.1. <20 kW
- 8.2.2. 20–200 kW
- 8.2.3. >200 kW
- 8.3. Market Analysis, Insights and Forecast – By Application
- 8.3.1. Material Handling
- 8.3.2. Liquid Pumps
- 8.3.3. Fans & Ventilation
- 8.3.4. Cooling Compressors
- 8.3.5. Air Compressors & Vacuum Pumps
- 8.3.6. Blowers
- 8.3.7. Coolers
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. Australia
- 8.4.5. South East Asia
- 8.4.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa IE4 Permanent Magnet Synchronous Motors Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Product
- 9.2.1. <20 kW
- 9.2.2. 20–200 kW
- 9.2.3. >200 kW
- 9.3. Market Analysis, Insights and Forecast – By Application
- 9.3.1. Material Handling
- 9.3.2. Liquid Pumps
- 9.3.3. Fans & Ventilation
- 9.3.4. Cooling Compressors
- 9.3.5. Air Compressors & Vacuum Pumps
- 9.3.6. Blowers
- 9.3.7. Coolers
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. Brazil
- 9.4.2. Saudi Arabia
- 9.4.3. UAE
- 9.4.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Fuji Electric Co., Ltd.
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Kienle + Spiess GmbH
- 10.6. ABB
- 10.7. Anhui Wannan Electric Machine Co., Ltd.
- 10.8. Toshiba Corporation
- 10.9. Motori Elettrici s.r.l.
- 10.10. Altra Industrial Motion Corp
- 10.11. Bharat Bijlee
- 10.12. CG global
- 10.13. Danfoss
- 10.14. Hitachi Ltd.
- 10.15. Kaeser Kompressoren
- 10.16. KSB SE & Co. KGaA
- 10.17. Lafert
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
