In this paper the effect of the magnets shape on the AFPMM performance under a demagnetization fault has been analyzed by means of 3D-FEM simulations. Demagnetization faults in permanent magnet synchronous motors (PMSMs) may generate specific fault harmonic frequencies in the stator currents, output torque and the zero-sequence voltage component (ZSVC) spectra the ones can affect motor behavior, and so these parameters have been studied and compared, for each magnet configuration in each condition. These analyses are carried out to find out the more suitable geometry for an operation under healthy and faulty condition.