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Machinery & Equipment Global Mining Permanent Magnet Motor Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

  • RnM4633566
    • |
  • 17 October, 2025
    • |
  • Global
    • |
  • 120 Pages
    • |
  • GIR
    • |
  • Machinery & Equipment

According to our (Global Info Research) latest study, the global Mining Permanent Magnet Motor market size was valued at US$ million in 2024 and is forecast to a readjusted size of USD million by 2031 with a CAGR of %during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
A permanent magnet motor for mining is a motor designed specifically for the mining environment that utilizes permanent magnets to generate magnetic fields rather than relying on magnetic fields generated by energized coils. This motor offers unique advantages in design and performance, especially in harsh mining environments.
This report is a detailed and comprehensive analysis for global Mining Permanent Magnet Motor market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Mining Permanent Magnet Motor market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
Global Mining Permanent Magnet Motor market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
Global Mining Permanent Magnet Motor market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
Global Mining Permanent Magnet Motor market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Mining Permanent Magnet Motor
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Mining Permanent Magnet Motor market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ZCL Electric Motor Technology, ABB, Royal IHC, Hitachi, Wolong Group, Huaxia Tianxin Intelligent IOT, Huainan Wantai Electronic, Shanxi Huaxin Electric, Anhui Yemai Electromechanical Technology, Zhengzhou Zhongzhi Automatic Control Technology, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Mining Permanent Magnet Motor market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Below 200 KW
200-500KW
500-1000KW
Above 1000KW
Market segment by Application
Well Drilling
Fan
Elevator
Crushers and Mills
Others
Major players covered
ZCL Electric Motor Technology
ABB
Royal IHC
Hitachi
Wolong Group
Huaxia Tianxin Intelligent IOT
Huainan Wantai Electronic
Shanxi Huaxin Electric
Anhui Yemai Electromechanical Technology
Zhengzhou Zhongzhi Automatic Control Technology
Jiangsu Aerospace Power Electromechanical
Jiangsu Hengchi Electric Technology
Xinda Green Energy
Handan Sida Technology
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Mining Permanent Magnet Motor product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Mining Permanent Magnet Motor, with price, sales quantity, revenue, and global market share of Mining Permanent Magnet Motor from 2020 to 2025.
Chapter 3, the Mining Permanent Magnet Motor competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Mining Permanent Magnet Motor breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Mining Permanent Magnet Motor market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Mining Permanent Magnet Motor.
Chapter 14 and 15, to describe Mining Permanent Magnet Motor sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Mining Permanent Magnet Motor Consumption Value by Type: 2020 Versus 2024 Versus 2031
    • 1.3.2 Below 200 KW
    • 1.3.3 200-500KW
    • 1.3.4 500-1000KW
    • 1.3.5 Above 1000KW
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Mining Permanent Magnet Motor Consumption Value by Application: 2020 Versus 2024 Versus 2031
    • 1.4.2 Well Drilling
    • 1.4.3 Fan
    • 1.4.4 Elevator
    • 1.4.5 Crushers and Mills
    • 1.4.6 Others
  • 1.5 Global Mining Permanent Magnet Motor Market Size & Forecast
    • 1.5.1 Global Mining Permanent Magnet Motor Consumption Value (2020 & 2024 & 2031)
    • 1.5.2 Global Mining Permanent Magnet Motor Sales Quantity (2020-2031)
    • 1.5.3 Global Mining Permanent Magnet Motor Average Price (2020-2031)

2 Manufacturers Profiles

  • 2.1 ZCL Electric Motor Technology
    • 2.1.1 ZCL Electric Motor Technology Details
    • 2.1.2 ZCL Electric Motor Technology Major Business
    • 2.1.3 ZCL Electric Motor Technology Mining Permanent Magnet Motor Product and Services
    • 2.1.4 ZCL Electric Motor Technology Mining Permanent Magnet Motor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.1.5 ZCL Electric Motor Technology Recent Developments/Updates
  • 2.2 ABB
    • 2.2.1 ABB Details
    • 2.2.2 ABB Major Business
    • 2.2.3 ABB Mining Permanent Magnet Motor Product and Services
    • 2.2.4 ABB Mining Permanent Magnet Motor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.2.5 ABB Recent Developments/Updates
  • 2.3 Royal IHC
    • 2.3.1 Royal IHC Details
    • 2.3.2 Royal IHC Major Business
    • 2.3.3 Royal IHC Mining Permanent Magnet Motor Product and Services
    • 2.3.4 Royal IHC Mining Permanent Magnet Motor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.3.5 Royal IHC Recent Developments/Updates
  • 2.4 Hitachi
    • 2.4.1 Hitachi Details
    • 2.4.2 Hitachi Major Business
    • 2.4.3 Hitachi Mining Permanent Magnet Motor Product and Services
    • 2.4.4 Hitachi Mining Permanent Magnet Motor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.4.5 Hitachi Recent Developments/Updates
  • 2.5 Wolong Group
    • 2.5.1 Wolong Group Details
    • 2.5.2 Wolong Group Major Business
    • 2.5.3 Wolong Group Mining Permanent Magnet Motor Product and Services
    • 2.5.4 Wolong Group Mining Permanent Magnet Motor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.5.5 Wolong Group Recent Developments/Updates
  • 2.6 Huaxia Tianxin Intelligent IOT
    • 2.6.1 Huaxia Tianxin Intelligent IOT Details
    • 2.6.2 Huaxia Tianxin Intelligent IOT Major Business
    • 2.6.3 Huaxia Tianxin Intelligent IOT Mining Permanent Magnet Motor Product and Services
    • 2.6.4 Huaxia Tianxin Intelligent IOT Mining Permanent Magnet Motor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.6.5 Huaxia Tianxin Intelligent IOT Recent Developments/Updates
  • 2.7 Huainan Wantai Electronic
    • 2.7.1 Huainan Wantai Electronic Details
    • 2.7.2 Huainan Wantai Electronic Major Business
    • 2.7.3 Huainan Wantai Electronic Mining Permanent Magnet Motor Product and Services
    • 2.7.4 Huainan Wantai Electronic Mining Permanent Magnet Motor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.7.5 Huainan Wantai Electronic Recent Developments/Updates
  • 2.8 Shanxi Huaxin Electric
    • 2.8.1 Shanxi Huaxin Electric Details
    • 2.8.2 Shanxi Huaxin Electric Major Business
    • 2.8.3 Shanxi Huaxin Electric Mining Permanent Magnet Motor Product and Services
    • 2.8.4 Shanxi Huaxin Electric Mining Permanent Magnet Motor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.8.5 Shanxi Huaxin Electric Recent Developments/Updates
  • 2.9 Anhui Yemai Electromechanical Technology
    • 2.9.1 Anhui Yemai Electromechanical Technology Details
    • 2.9.2 Anhui Yemai Electromechanical Technology Major Business
    • 2.9.3 Anhui Yemai Electromechanical Technology Mining Permanent Magnet Motor Product and Services
    • 2.9.4 Anhui Yemai Electromechanical Technology Mining Permanent Magnet Motor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.9.5 Anhui Yemai Electromechanical Technology Recent Developments/Updates
  • 2.10 Zhengzhou Zhongzhi Automatic Control Technology
    • 2.10.1 Zhengzhou Zhongzhi Automatic Control Technology Details
    • 2.10.2 Zhengzhou Zhongzhi Automatic Control Technology Major Business
    • 2.10.3 Zhengzhou Zhongzhi Automatic Control Technology Mining Permanent Magnet Motor Product and Services
    • 2.10.4 Zhengzhou Zhongzhi Automatic Control Technology Mining Permanent Magnet Motor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.10.5 Zhengzhou Zhongzhi Automatic Control Technology Recent Developments/Updates
  • 2.11 Jiangsu Aerospace Power Electromechanical
    • 2.11.1 Jiangsu Aerospace Power Electromechanical Details
    • 2.11.2 Jiangsu Aerospace Power Electromechanical Major Business
    • 2.11.3 Jiangsu Aerospace Power Electromechanical Mining Permanent Magnet Motor Product and Services
    • 2.11.4 Jiangsu Aerospace Power Electromechanical Mining Permanent Magnet Motor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.11.5 Jiangsu Aerospace Power Electromechanical Recent Developments/Updates
  • 2.12 Jiangsu Hengchi Electric Technology
    • 2.12.1 Jiangsu Hengchi Electric Technology Details
    • 2.12.2 Jiangsu Hengchi Electric Technology Major Business
    • 2.12.3 Jiangsu Hengchi Electric Technology Mining Permanent Magnet Motor Product and Services
    • 2.12.4 Jiangsu Hengchi Electric Technology Mining Permanent Magnet Motor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.12.5 Jiangsu Hengchi Electric Technology Recent Developments/Updates
  • 2.13 Xinda Green Energy
    • 2.13.1 Xinda Green Energy Details
    • 2.13.2 Xinda Green Energy Major Business
    • 2.13.3 Xinda Green Energy Mining Permanent Magnet Motor Product and Services
    • 2.13.4 Xinda Green Energy Mining Permanent Magnet Motor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.13.5 Xinda Green Energy Recent Developments/Updates
  • 2.14 Handan Sida Technology
    • 2.14.1 Handan Sida Technology Details
    • 2.14.2 Handan Sida Technology Major Business
    • 2.14.3 Handan Sida Technology Mining Permanent Magnet Motor Product and Services
    • 2.14.4 Handan Sida Technology Mining Permanent Magnet Motor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.14.5 Handan Sida Technology Recent Developments/Updates

3 Competitive Environment: Mining Permanent Magnet Motor by Manufacturer

  • 3.1 Global Mining Permanent Magnet Motor Sales Quantity by Manufacturer (2020-2025)
  • 3.2 Global Mining Permanent Magnet Motor Revenue by Manufacturer (2020-2025)
  • 3.3 Global Mining Permanent Magnet Motor Average Price by Manufacturer (2020-2025)
  • 3.4 Market Share Analysis (2024)
    • 3.4.1 Producer Shipments of Mining Permanent Magnet Motor by Manufacturer Revenue ($MM) and Market Share (%): 2024
    • 3.4.2 Top 3 Mining Permanent Magnet Motor Manufacturer Market Share in 2024
    • 3.4.3 Top 6 Mining Permanent Magnet Motor Manufacturer Market Share in 2024
  • 3.5 Mining Permanent Magnet Motor Market: Overall Company Footprint Analysis
    • 3.5.1 Mining Permanent Magnet Motor Market: Region Footprint
    • 3.5.2 Mining Permanent Magnet Motor Market: Company Product Type Footprint
    • 3.5.3 Mining Permanent Magnet Motor Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Mining Permanent Magnet Motor Market Size by Region
    • 4.1.1 Global Mining Permanent Magnet Motor Sales Quantity by Region (2020-2031)
    • 4.1.2 Global Mining Permanent Magnet Motor Consumption Value by Region (2020-2031)
    • 4.1.3 Global Mining Permanent Magnet Motor Average Price by Region (2020-2031)
  • 4.2 North America Mining Permanent Magnet Motor Consumption Value (2020-2031)
  • 4.3 Europe Mining Permanent Magnet Motor Consumption Value (2020-2031)
  • 4.4 Asia-Pacific Mining Permanent Magnet Motor Consumption Value (2020-2031)
  • 4.5 South America Mining Permanent Magnet Motor Consumption Value (2020-2031)
  • 4.6 Middle East & Africa Mining Permanent Magnet Motor Consumption Value (2020-2031)

5 Market Segment by Type

  • 5.1 Global Mining Permanent Magnet Motor Sales Quantity by Type (2020-2031)
  • 5.2 Global Mining Permanent Magnet Motor Consumption Value by Type (2020-2031)
  • 5.3 Global Mining Permanent Magnet Motor Average Price by Type (2020-2031)

6 Market Segment by Application

  • 6.1 Global Mining Permanent Magnet Motor Sales Quantity by Application (2020-2031)
  • 6.2 Global Mining Permanent Magnet Motor Consumption Value by Application (2020-2031)
  • 6.3 Global Mining Permanent Magnet Motor Average Price by Application (2020-2031)

7 North America

  • 7.1 North America Mining Permanent Magnet Motor Sales Quantity by Type (2020-2031)
  • 7.2 North America Mining Permanent Magnet Motor Sales Quantity by Application (2020-2031)
  • 7.3 North America Mining Permanent Magnet Motor Market Size by Country
    • 7.3.1 North America Mining Permanent Magnet Motor Sales Quantity by Country (2020-2031)
    • 7.3.2 North America Mining Permanent Magnet Motor Consumption Value by Country (2020-2031)
    • 7.3.3 United States Market Size and Forecast (2020-2031)
    • 7.3.4 Canada Market Size and Forecast (2020-2031)
    • 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

  • 8.1 Europe Mining Permanent Magnet Motor Sales Quantity by Type (2020-2031)
  • 8.2 Europe Mining Permanent Magnet Motor Sales Quantity by Application (2020-2031)
  • 8.3 Europe Mining Permanent Magnet Motor Market Size by Country
    • 8.3.1 Europe Mining Permanent Magnet Motor Sales Quantity by Country (2020-2031)
    • 8.3.2 Europe Mining Permanent Magnet Motor Consumption Value by Country (2020-2031)
    • 8.3.3 Germany Market Size and Forecast (2020-2031)
    • 8.3.4 France Market Size and Forecast (2020-2031)
    • 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
    • 8.3.6 Russia Market Size and Forecast (2020-2031)
    • 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

  • 9.1 Asia-Pacific Mining Permanent Magnet Motor Sales Quantity by Type (2020-2031)
  • 9.2 Asia-Pacific Mining Permanent Magnet Motor Sales Quantity by Application (2020-2031)
  • 9.3 Asia-Pacific Mining Permanent Magnet Motor Market Size by Region
    • 9.3.1 Asia-Pacific Mining Permanent Magnet Motor Sales Quantity by Region (2020-2031)
    • 9.3.2 Asia-Pacific Mining Permanent Magnet Motor Consumption Value by Region (2020-2031)
    • 9.3.3 China Market Size and Forecast (2020-2031)
    • 9.3.4 Japan Market Size and Forecast (2020-2031)
    • 9.3.5 South Korea Market Size and Forecast (2020-2031)
    • 9.3.6 India Market Size and Forecast (2020-2031)
    • 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
    • 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

  • 10.1 South America Mining Permanent Magnet Motor Sales Quantity by Type (2020-2031)
  • 10.2 South America Mining Permanent Magnet Motor Sales Quantity by Application (2020-2031)
  • 10.3 South America Mining Permanent Magnet Motor Market Size by Country
    • 10.3.1 South America Mining Permanent Magnet Motor Sales Quantity by Country (2020-2031)
    • 10.3.2 South America Mining Permanent Magnet Motor Consumption Value by Country (2020-2031)
    • 10.3.3 Brazil Market Size and Forecast (2020-2031)
    • 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

  • 11.1 Middle East & Africa Mining Permanent Magnet Motor Sales Quantity by Type (2020-2031)
  • 11.2 Middle East & Africa Mining Permanent Magnet Motor Sales Quantity by Application (2020-2031)
  • 11.3 Middle East & Africa Mining Permanent Magnet Motor Market Size by Country
    • 11.3.1 Middle East & Africa Mining Permanent Magnet Motor Sales Quantity by Country (2020-2031)
    • 11.3.2 Middle East & Africa Mining Permanent Magnet Motor Consumption Value by Country (2020-2031)
    • 11.3.3 Turkey Market Size and Forecast (2020-2031)
    • 11.3.4 Egypt Market Size and Forecast (2020-2031)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
    • 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

  • 12.1 Mining Permanent Magnet Motor Market Drivers
  • 12.2 Mining Permanent Magnet Motor Market Restraints
  • 12.3 Mining Permanent Magnet Motor Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Mining Permanent Magnet Motor and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Mining Permanent Magnet Motor
  • 13.3 Mining Permanent Magnet Motor Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Mining Permanent Magnet Motor Typical Distributors
  • 14.3 Mining Permanent Magnet Motor Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Mining Permanent Magnet Motor. Industry analysis & Market Report on Mining Permanent Magnet Motor is a syndicated market report, published as Global Mining Permanent Magnet Motor Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Mining Permanent Magnet Motor market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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