Japan Permanent Magnet Synchronous Motors Market Size, Share, and COVID-19 Impact Analysis, By Type (Surface and Interior), By Application (Automation, Consumer Electronics, Residential & Commercial, Automotive & Transportation, Lab Equipment, Medical, and Military & Aerospace), and Japan Permanent Magnet Synchronous Motors Market Insights, Industry Trend, Forecasts to 2035

Japan Permanent Magnet Synchronous Motors Market Insights Forecasts to 2035

• The Japan Permanent Magnet Synchronous Motors Market Size is Expected to Grow at a CAGR of around 9.70% from 2025 to 2035
• The Japan Permanent Magnet Synchronous Motors Market Size is Expected to hold a significant share by 2035

According to a research report published by Spherical Insights & Consulting, the Japan Permanent Magnet Synchronous Motors Market Size is Anticipated to hold a significant share by 2035, Growing at a CAGR of 9.70% from 2025 to 2035. This is due to rising demand for energy-efficient and high-performance motors in electric vehicles, robotics, and industrial automation. Government initiatives promoting green technologies and the transition to low-emission systems further fuel this sustained market expansion.

Market Overview

The Japan permanent magnet synchronous motors (PMSM) market is the sector engaged in producing, distributing, and applying motors utilizing permanent magnets incorporated into the rotor to provide synchronous rotation. The motors are appreciated for being highly efficient, compact, and highly controlled and are applied in electric vehicles, industrial automation, robotics, and HVAC applications. Spurred by Japan's aggressive emphasis on energy saving, advanced manufacturing, and electrification, the PMSM market is a major driver of the country's shift towards sustainable and high-performance technologies in various industries. The Japan Permanent Magnet Synchronous Motors Market presents tremendous opportunities fueled by the swift electrification of vehicles, increasing use of industrial automation, and increasing demand for energy-efficient systems. Growth in robotics and intelligent manufacturing further increases PMSM applications. Clean energy and carbon neutrality support from governments encourage the use of electric motors. Moreover, developments in magnet materials and motor control technologies are making it possible to achieve compact, high-performance designs, creating new opportunities in aerospace, healthcare devices, and consumer electronics, and increasing market potential in several high-growth industries.

Report Coverage

This research report categorizes the market for the Japan permanent magnet synchronous motors market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan permanent magnet synchronous motors market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Japan permanent magnet synchronous motors market.

Driving Factors

The Japan permanent magnet synchronous motors (PMSM) market is led by several important factors. The growth in the use of electric vehicles (EVs) is one key driver, since PMSMs are being adopted in EV drivetrains owing to their compact size and high efficiency. Also driving the use of high-performance electric motors is Japan's keen focus on carbon neutrality and energy conservation. Increased automation throughout manufacturing and industry segments further amplifies demand for efficient, power-saving motion control systems driven by PMSMs. Advances in magnet materials and motor design improved performance and economics, leading to greater adoption. Additionally, tax credits for clean energy technologies, the growing popularity of PMSMs in robots, HVAC devices, and solar and wind installations, are pushing the market up in growth momentum in the forecasting period.

Restraining Factors

The Japan permanent magnet synchronous motors market is constrained by the high price of rare earth materials, which are essential for producing magnets, resulting in higher production costs. Supply chain weaknesses, especially through dependence on imports, add to risks. Complexity in manufacturing processes and competition from other motor technologies can also constrain wider market uptake.

Market Segmentation

The Japan permanent magnet synchronous motors market share is classified into type and application.

• The interior segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Japan permanent magnet synchronous motors market is segmented by type into surface and interior. Among these, the interior segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. The segmental growth is attributed to its superior torque density, high efficiency, and compact design, making it ideal for electric vehicles and industrial machinery. Growing demand for performance-driven applications and energy-efficient systems is expected to drive strong growth during the forecast period.

• The automotive & transportation segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Japan permanent magnet synchronous motors market is segmented by application into automation, consumer electronics, residential & commercial, automotive & transportation, lab equipment, medical, and military & aerospace. Among these, the automotive & transportation segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. The segmental growth is attributed to the increasing adoption of electric vehicles, hybrid technologies, and advanced driver-assistance systems. Permanent magnet motors offer high efficiency and compactness, making them ideal for modern vehicles. Government incentives and emission regulations further drive growth in this segment during the forecast period.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Japan permanent magnet synchronous motors market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Mitsubishi Electric Corporation
• Nidec Corporation
• Yaskawa Electric Corporation
• Fuji Electric Co., Ltd.
• Toshiba Corporation

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at Japan, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the Japan permanent magnet synchronous motors market based on the below-mentioned segments:

Japan Permanent Magnet Synchronous Motors Market, By Type

• Surface
• Interior

Japan Permanent Magnet Synchronous Motors Market, By Application

• Automation
• Consumer Electronics
• Residential & Commercial
• Automotive & Transportation
• Lab Equipment
• Medical
• Military & Aerospace