Aarkstore - Global Permanent Magnet Motor Market

Aarkstore - Global Permanent Magnet Motor Market (Motor Type, Magnet type, Power Range, Applications and Geography) - Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013 - 2020

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Published: Jan 2015 | 145 Pages

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Summary

Permanent magnet is an object made up of ferromagnetic material, which has magnetic properties and creates its own magnetic field. “Permanent magnet motors” are manufactured using permanent magnets in the rotors. Rare earth magnets, made from rare earth metals, are powerful magnets used in PM motors. Unlike electromagnets, permanent magnets do not require continuous electrical energy to maintain their electric field, due to which PM motors are preferred over electromagnetic motors. One of the recent innovations in permanent magnets are the nanocomposite permanent magnets. The use of permanent magnets reduces the size of motors and improves performance, which can be done using nanocomposite permanent magnets. Currently, these magnets are used in magnetic storage media, biomedicine, sensors, pigments and catalysts.

Most permanent magnet motors are used in combination with AC or DC electric motors. These type of motors require less power, possess excellent heat dissipation property and performs with higher efficiencies as compared to other electric motors. Permanent magnet motors are used in various industrial applications, in order to improve the efficiencies of the machines. Forklifts, Robots, Blower drives, Railroad (switchers, track, crossing gates), Marine Pumps and Amusement rides, are some of the prime examples where permanent magnet motors are used. Presently, various advantages of permanent magnets such as operating...