Micro Motors - Global Market Outlook (2017-2026)

Micro Motors - Global Market Outlook (2017-2026)

According to Stratistics MRC, the Global Micro Motors market is accounted for $29.38 billion in 2017 and is expected to reach $52.22 billion by 2026 growing at a CAGR of 6.6% during the forecast period. Some of the key factors such as growing factory automation, and rising vehicle production are propelling the market growth. However,huge capital asset, and high preservation charge for brushed dc motors are hampering the growth of the market.

Micro-motors are small particle that drive themselves unconventionally in exact directions when positioned in a chemical solution. The micro-motor can be use to bring convinced medications. It can be used to bring nanoparticles into alive cell. The micro motor market is developing to raise the demand for the micro motor products in a number of fields such as medical, home appliances, automotive, defense.

Based on Technology, Brushless is likely to have a huge demand in commutation technology for longer provision life and consistency. In addition, they equip their motors with axial air gap technology for extraordinary power. All of these characteristics combine yield motors that are not only more power proficient, but can also last up to ten times longer than conventional motors. By Geography, Asia-Pacific is likely to have a lucrative growth as the automotive sector flourishes the region and signifies tremendous opportunities for the micro-motor manufacturers owing to its features that allow automakers to incorporate amenity along with luxury. Manufacturers are aiming at reducing the size of the micro motor while developing greater operational excellence to ensure better performance.

Some of the key players profiled in the Micro Motors Market include ABB Ltd, Asmo Co Ltd., Buhler Motors GmbH, CONSTAR MICROMOTOR CO., LTD., Johnson Electric Holdings Limited, Mabuchi Motors, Maxon Motors AG, Mitsuba Corporation, Nidec Corporation, and Wellings Holdings Ltd.

Applications Covered:
• Construction and Mining Equipment
• Aircraft Systems
• Agricultural Equipment
• Aerospace
• 3D Printing
• Medical Equipment
• Industrial Automation
• Automotive
• Other Applications

Technologies Covered:
• Brushless
• Brushed

Types Covered:
• DC motor
• AC motor

Power Consumptions Covered:
• More Than 48 Volts
• Less Than 11 Volts
• 25 Volts to 48 Volts
• 12 Volts to 24 Volts

Sales Channels Covered:
• Aftermarket
• Original Equipment Manufacturer (OEM)

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
• Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances