Global Micro Motor Market Analysis & Trends - Industry Forecast to 2025
The Global Micro Motor Market is poised to grow at a CAGR of around 6.9% over the next decade to reach approximately $13.93 billion by 2025. Some of the prominent trends that the market is witnessing are increasing demand for brushless dc motors in electric vehicles, technological advancements in high precision piezoelectric micro motor, increasing information processing equipment (including communications equipment) and growth opportunities/investment opportunities.
Depending on Type, the market is categorized into DC Micro Motor and AC Micro Motor.Based on Power Consumption, market is segmented into Less Than 11 Volts,12 Volts to 24 Volts,25 Volts to 48 Volts and More Than 48 Volts.The technology segment market is bifurcated into Brushed Micro Motor and Brushless Micro Motor.
On the basis of application, the market is subdivided into Medical Equipment Systems, Industry Automation, Automotive, Agriculture Equipment Systems, Aircraft Systems, 3D Printer System and Construction & Mining Equipment Systems. The Medical Equipment Systems are further segmented as dental system & equipment, lab automation, portable devices and powered surgical instruments. Industry Automation market is bifurcated into Automation Equipment & Light Industry Machinery and Industry Electric Drive & Control. The Automotive segment is further segmented into infotainment systems, lighting, door locks, HVAC, fuel injection system (FIS), ASA & ABS, power seats, power window, power mirror and wiper.
This industry report analyzes the market estimates and forecasts of all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2014, 2015 revenue estimations are presented for 2016 and forecasts from 2017 till 2025. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors.
The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.
This report provides data tables, includes charts and graphs for visual analysis.
- Rest of Europe
- New Zealand
- Rest of Asia Pacific
- Saudi Arabia
- Rest of Middle East
- Rest of Latin America
Rest of the World
- The report provides a detailed analysis on current and future market trends to identify the investment opportunities
- Market forecasts till 2025, using estimated market values as the base numbers
- Key market trends across the business segments, Regions and Countries
- Key developments and strategies observed in the market
- Market Dynamics such as Drivers, Restraints, Opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2025
- Market opportunities and recommendations for new investments
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook