Europe Micromotor Market Size, Share & Industry Trends Analysis Report By Application, By Type (AC Motors and DC Motors), By Technology (Brushed and Brushless), By Consumption, By Country and Growth Forecast, 2023 - 2029
Description
Europe Micromotor Market Size, Share & Industry Trends Analysis Report By Application, By Type (AC Motors and DC Motors), By Technology (Brushed and Brushless), By Consumption, By Country and Growth Forecast, 2023 - 2029
The Europe Micromotor Market would witness market growth of 6.9% CAGR during the forecast period (2023-2029).
Micro motors are a low-cost alternative that can help laboratories automate operational procedures for quickly and precisely assessing large quantities of samples. Manufacturers aim to deliver state-of-the-art micro motors with dynamism and high accuracy due to their use in industries including medical, chemical testing labs, and molecular biology.
Manufacturers of micro motors may succeed due to elements of the automotive industry that allow the combination of elegance and ease. Construction, mining, and the medical field are just a few of the expanding industries that use the dependable and inexpensive micro motor. Manufacturers are working to reduce the micromotor's diameter while improving operational quality to ensure improved performance. Owing to technological advancement and manufacturers using these cutting-edge techniques, it is now possible to develop high-performance electric micro motors. Such advancements are anticipated to have an impact on this market in the coming years.
In 2016, Spain launched Connected Industry 4.0, an initiative for industrial digitization, to provide a strategy to support enterprises in their digital transition. The main objectives of the program are to increase the industrial added value of the sector and qualified labor while favoring the Spanish model for growing industries and local manufacturing of digital solutions. For market participants looking to compete in the automation and robotics niches, Spain provides significant potential. The fourth-largest market in Europe and the tenth-largest market globally is Spain. There was a total of 5,266 new robot deployments in Spain in 2018, and it is projected that this number will increase in the coming years. Therefore, in the coming years, the regional market will grow rapidly.
The Germany market dominated the Europe Micromotor Market by Country in 2022 and would continue to be a dominant market till 2029; thereby, achieving a market value of $4,478.7 million by 2029. The UK market is anticipated to grow at a CAGR of 6% during (2023 - 2029). Additionally, The France market would exhibit a CAGR of 7.7% during (2023 - 2029).
Based on Application, the market is segmented into Industrial Automation, Healthcare, Construction & Mining, Aircraft Systems, Agriculture Equipment System, Automotive and Others. Based on Type, the market is segmented into AC Motors and DC Motors. Based on Technology, the market is segmented into Brushed and Brushless. Based on Consumption, the market is segmented into 12-24 V, <11 V, 25-48 V and >48 V. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include MITSUBA Corporation, Nidec Corporation, Johnson Electric Holdings Limited, Mabuchi Motor Co., Ltd., Maxon Motor Ag, Constar Micromotor Co., Ltd., Bühler Motor GmbH, Siemens AG, ABB Group, and ARC Systems, Inc.
Scope of the Study
Market Segments covered in the Report:
By Application
- Industrial Automation
- Healthcare
- Construction & Mining
- Aircraft Systems
- Agriculture Equipment System
- Automotive
- Others
- AC Motors
- DC Motors
- Brushed
- Brushless
- 12-24 V
- <11 V
- 25-48 V
- >48 V
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- MITSUBA Corporation
- Nidec Corporation
- Johnson Electric Holdings Limited
- Mabuchi Motor Co., Ltd.
- Maxon Motor Ag
- Constar Micromotor Co., Ltd.
- Bühler Motor GmbH
- Siemens AG
- ABB Group
- ARC Systems, Inc.
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
104 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Micromotor Market, by Application
- 1.4.2 Europe Micromotor Market, by Type
- 1.4.3 Europe Micromotor Market, by Technology
- 1.4.4 Europe Micromotor Market, by Consumption
- 1.4.5 Europe Micromotor Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market Overview
- 2.1 Introduction
- 2.1.1 Overview
- 2.1.1.1 Market Composition & Scenario
- 2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints
- Chapter 3. Competition Analysis – Global
- 3.1 Market Share Analysis, 2021
- 3.2 Strategies Deployed in Micromotor Market
- Chapter 4. Europe Micromotor Market by Application
- 4.1 Europe Industrial Automation Market by Country
- 4.2 Europe Healthcare Market by Country
- 4.3 Europe Construction & Mining Market by Country
- 4.4 Europe Aircraft Systems Market by Country
- 4.5 Europe Agriculture Equipment System Market by Country
- 4.6 Europe Automotive Market by Country
- 4.7 Europe Other Application Market by Country
- Chapter 5. Europe Micromotor Market by Type
- 5.1 Europe AC Motors Market by Country
- 5.2 Europe DC Motors Market by Country
- Chapter 6. Europe Micromotor Market by Technology
- 6.1 Europe Brushed Market by Country
- 6.2 Europe Brushless Market by Country
- Chapter 7. Europe Micromotor Market by Power Consumption
- 7.1 Europe 12-24 V Market by Country
- 7.2 Europe <11 V Market by Country
- 7.3 Europe 25-48 V Market by Country
- 7.4 Europe >48 V Market by Country
- Chapter 8. Europe Micromotor Market by Country
- 8.1 Germany Micromotor Market
- 8.1.1 Germany Micromotor Market by Application
- 8.1.2 Germany Micromotor Market by Type
- 8.1.3 Germany Micromotor Market by Technology
- 8.1.4 Germany Micromotor Market by Power Consumption
- 8.2 UK Micromotor Market
- 8.2.1 UK Micromotor Market by Application
- 8.2.2 UK Micromotor Market by Type
- 8.2.3 UK Micromotor Market by Technology
- 8.2.4 UK Micromotor Market by Power Consumption
- 8.3 France Micromotor Market
- 8.3.1 France Micromotor Market by Application
- 8.3.2 France Micromotor Market by Type
- 8.3.3 France Micromotor Market by Technology
- 8.3.4 France Micromotor Market by Power Consumption
- 8.4 Russia Micromotor Market
- 8.4.1 Russia Micromotor Market by Application
- 8.4.2 Russia Micromotor Market by Type
- 8.4.3 Russia Micromotor Market by Technology
- 8.4.4 Russia Micromotor Market by Power Consumption
- 8.5 Spain Micromotor Market
- 8.5.1 Spain Micromotor Market by Application
- 8.5.2 Spain Micromotor Market by Type
- 8.5.3 Spain Micromotor Market by Technology
- 8.5.4 Spain Micromotor Market by Power Consumption
- 8.6 Italy Micromotor Market
- 8.6.1 Italy Micromotor Market by Application
- 8.6.2 Italy Micromotor Market by Type
- 8.6.3 Italy Micromotor Market by Technology
- 8.6.4 Italy Micromotor Market by Power Consumption
- 8.7 Rest of Europe Micromotor Market
- 8.7.1 Rest of Europe Micromotor Market by Application
- 8.7.2 Rest of Europe Micromotor Market by Type
- 8.7.3 Rest of Europe Micromotor Market by Technology
- 8.7.4 Rest of Europe Micromotor Market by Power Consumption
- Chapter 9. Company Profiles
- 9.1 ABB Group
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental and Regional Analysis
- 9.1.4 Research & Development Expense
- 9.1.5 Recent strategies and developments:
- 9.1.5.1 Product Launches and Product Expansions:
- 9.1.6 SWOT Analysis
- 9.2 Siemens AG
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Research & Development Expense
- 9.2.5 SWOT Analysis
- 9.3 Mabuchi Motor Co., Ltd.
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Regional Analysis
- 9.3.4 Recent strategies and developments:
- 9.3.4.1 Acquisition and Mergers:
- 9.4 Johnson Electric Holdings Limited
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Regional Analysis
- 9.4.4 Recent strategies and developments:
- 9.4.4.1 Acquisition and Mergers:
- 9.5 Nidec Corporation
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental and Regional Analysis
- 9.5.4 Research & Development Expense
- 9.5.5 Recent strategies and developments:
- 9.5.5.1 Geographical Expansions:
- 9.6 MITSUBA Corporation
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Segmental and Regional Analysis
- 9.6.4 Research & Development Expenses
- 9.7 Maxon Motor Ag
- 9.7.1 Company Overview
- 9.7.2 Recent strategies and developments:
- 9.7.2.1 Product Launches and Product Expansions:
- 9.7.2.2 Acquisition and Mergers:
- 9.8 Constar Micromotor Co., Ltd.
- 9.8.1 Company Overview
- 9.9 Bühler Motor GmbH
- 9.9.1 Company Overview
- 9.10. ARC Systems, Inc.
- 9.10.1 Company Overview
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