The Permanent Magnet Synchronous Motor (PMSM) Market is expected to garner $31.1 billion by 2022, registering a CAGR of 10.9% from 2016-2022. Asia-Pacific is expected to dominate the PMSM market in terms of revenue as well as volume, during the forecast period, due to ample availability of low-cost raw materials, improved government regulations, and increased spending power …