South America Stepper Motor Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type (Integrated Lead Screw Stepper Motor, Rotary Stepper Motor, and Fully-Enclosed Stepper Drives), Technology (Permanent Magnet Stepper Motor, Hybrid Stepper

South America Stepper Motor Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type (Integrated Lead Screw Stepper Motor, Rotary Stepper Motor, and Fully-Enclosed Stepper Drives), Technology (Permanent Magnet Stepper Motor, Hybrid Stepper Motor, and Variable Reluctance Stepper Motor), and End-user (Semiconductor, Packaging and Labeling, Medical Equipment, Industrial Machineries, and Others)

The stepper motor market in SAM is expected to grow from US$ 224.9 million in 2019 to US$ 329.7 million by 2027; it is estimated to grow at a CAGR of 5.39% from 2020 to 2027.

Growing application of stepper motors in the medical applications is one of the key factors contributing to the market growth in this region. Motors form an essential component of any medical equipment. Presently, stepper motors are among the most common motor types used in medical analyzers. Further, there is an increasing demand for these motors in X-ray machines, ultrasound scanners, IV pumps, and blood analyzers. In oxygen concentrators stepper motors are used in the fans equipped in them for cooling. The compact size and low noise of stepper motors make them an ideal choice for medical applications. Additionally, hybrid stepper motors are an appropriate choice for applications which require low cost such as maintenance and initial cost along with the fine resolution of shaft movements, such as in peristaltic pumps and medical syringe. Increasing deployment of robotics and automation in diverse industries is among the other key factors boosting the demand for stepper motors in SAM.

Brazil has reported the highest number of COVID-19 cases in SAM so far. The lockdown and other measures imposed by governments in the region have resulted in shutdown of factories of OEMs and mechanical service providers, which are Tier 1 and 2 suppliers for industries such as automotive, building and construction, electrical and electronics, aerospace & defense, healthcare; this has adversely affected the stepper motor market in SAM.

The rotary stepper motors led the SAM stepper motor market, based on type, in 2019. Rotary stepper motors are brushless and synchronous electric motors, which split a full rotation of the motor into several numbers of steps. They are considered to act as synchronous AC motors comprising several poles, which are mounted on both rotor and stator. These motors are used in a wide range of systems in industrial setup, including multi-axis machines, CNC machines, rotation stages, high-speed pick-and-place equipment, continuously operating linear actuators, linear stages, lead screws or ball screws, and mirror mounts. Required speed range, desired rotary or linear step resolution and step accuracy, maximum loading in each direction, type of load (frictional, inertial, mechanical spring, or shock load), orientation of rotary or linear axis, mechanical alignment, type of drive in use (typically a chopper drive or an L/R drive), and desired step mode (full, half, quarter, eighth, or others) are among the parameters that need to be considered while selecting a rotary stepper motors. These motors can be customized or engineered as per the requirement of applications.

The overall SAM stepper motor market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining overview and forecast for the SAM stepper motor market with respect to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants associated with this process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the SAM stepper motor market. ABB Ltd., Delta Electronics, National Instruments Corporation, Nidec Corporation, Nippon Pulse Motor Co. Ltd., and Schneider Electric SE are among a few players operating in the SAM stepper motor market.

Reasons to Buy

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the SAM stepper motor market.

Highlights key business priorities in order to assist companies to realign their business strategies.

The key findings and recommendations highlight crucial progressive industry trends in the SAM stepper motor market, thereby allowing players across the value chain to develop effective long-term strategies.

Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the stepper motor market, as well as those hindering it.

Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.


1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. SAM Stepper Motor Market Landscape
4.1 Market Overview
4.2 SAM PEST Analysis
4.3 Ecosystem Analysis
5. SAM Stepper Motor Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Deployment of Robotics and Automation in Diverse Industries
5.1.2 Growing Application of Stepper Motors in Medical Sector
5.2 Market Restraints
5.2.1 Rising Implementation of Servo Motors in Motion Control Applications
5.3 Market Opportunities
5.3.1 Growing Demand for Miniature Stepper Motors
5.4 Future Trends
5.4.1 Technical Advancements
5.5 Impact Analysis of Drivers and Restraints
6. Stepper motor Market – SAM Analysis
6.1 SAM Stepper Motor Market Overview
6.2 SAM Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning – Market Players Ranking
7. SAM Stepper Motors Market Analysis – By Type
7.1 Overview
7.2 SAM Stepper Motors Market Breakdown, by Type, 2019 and 2027
7.3 Rotary Stepper Motors
7.3.1 Overview
7.3.2 Rotary Stepper Motors Market Revenue and Forecast to 2027 (US$ Million)
7.4 Fully Enclosed Stepper Drives
7.4.1 Overview
7.4.2 Fully Enclosed Stepper Drives Market Revenue and Forecast to 2027 (US$ Million)
7.5 Integrated Lead Screw Stepper Motors
7.5.1 Overview
7.5.2 Integrated Lead Screw Stepper Motors Market Revenue and Forecast to 2027 (US$ Million)
8. SAM Stepper Motors Market Analysis – By Technology
8.1 Overview
8.2 SAM Stepper Motors Market Breakdown, by Technology, 2019 & 2027
8.3 Permanent Magnet Stepper Motor
8.3.1 Overview
8.3.2 Permanent Magnet Stepper Motor Market Revenue and Forecast to 2027 (US$ Million)
8.4 Hybrid Stepper Motor
8.4.1 Overview
8.4.2 Hybrid Stepper Motor Market Revenue and Forecast to 2027 (US$ Million)
8.5 Variable Reluctance Stepper Motor
8.5.1 Overview
8.5.2 Variable Reluctance Stepper Motors Market Revenue and Forecast to 2027 (US$ Million)
9. SAM Stepper Motors Market Analysis – By End User
9.1 Overview
9.2 SAM Stepper Motors Market Breakdown, by End-User, 2019 & 2027
9.3 Semiconductors
9.3.1 Overview
9.3.2 Semiconductor Market Revenue and Forecast to 2027 (US$ Million)
9.4 Packaging and Labelling
9.4.1 Overview
9.4.2 Packaging and Labelling Market Revenue and Forecast to 2027 (US$ Million)
9.5 Medical Equipment
9.5.1 Overview
9.5.2 Medical Equipment Market Revenue and Forecast to 2027 (US$ Million)
9.6 Industrial Machineries
9.6.1 Overview
9.6.2 Industrial Machineries Market Revenue and Forecast to 2027 (US$ Million)
9.7 Others
9.7.1 Overview
9.7.2 Others Market Revenue and Forecast to 2027 (US$ Million)
10. SAM Stepper Motor Market – Country Analysis
10.1 Overview
10.1.1 SAM: Stepper Motor Market, By Country
10.1.1.1 Brazil: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.1.1 Brazil: Stepper Motor Market, By Type
10.1.1.1.2 Brazil: Stepper Motor Market, By Technology
10.1.1.1.3 Brazil: Stepper Motor Market, By End User
10.1.1.2 Argentina: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.2.1 Argentina: Stepper Motor Market, By Type
10.1.1.2.2 Argentina: Stepper Motor Market, By Technology
10.1.1.2.3 Argentina: Stepper Motor Market, By End User
10.1.1.3 Rest of SAM: Stepper Motor Market – Revenue And Forecast To 2027 (US$ Million)
10.1.1.3.1 Rest of SAM: Stepper Motor Market, By Type
10.1.1.3.2 Rest of SAM: Stepper Motor Market, By Technology
10.1.1.3.3 Rest of SAM: Stepper Motor Market, By End User
11. Impact of Coronavirus Outbreak On SAM Stepper Motor Market
11.1 Overview
12. Industry Landscape
12.1 Market Initiative
12.2 Merger and Acquisition
12.3 New Development
13. COMPANY PROFILES
13.1 ABB Ltd.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Delta Electronics
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 National Instruments Corporation
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Nidec Corporation
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Nippon Pulse Motor Co. Ltd.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Schneider Electric SE
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
List of Tables
Table 1. SAM Stepper Motor Market – Revenue, and Forecast to 2027 (US$ Million)
Table 2. SAM Stepper Motor Market, By Country – Revenue And Forecast To 2027 (US$ Million)
Table 3. Brazil Stepper Motor Market, By Type – Revenue And Forecast To 2027 (US$ Million)
Table 4. Brazil Stepper Motor Market, By Technology – Revenue And Forecast To 2027 (US$ Million)
Table 5. Brazil Stepper Motor Market, By End User – Revenue And Forecast To 2027 (US$ Million)
Table 6. Argentina Stepper Motor Market, By Type – Revenue And Forecast To 2027 (US$ Million)
Table 7. Argentina Stepper Motor Market, By Technology – Revenue And Forecast To 2027 (US$ Million)
Table 8. Argentina Stepper Motor Market, By End User – Revenue And Forecast To 2027 (US$ Million)
Table 9. Rest of SAM Stepper Motor Market, By Type – Revenue And Forecast To 2027 (US$ Million)
Table 10. Rest of SAM Stepper Motor Market, By Technology – Revenue And Forecast To 2027 (US$ Million)
Table 11. Rest of SAM Stepper Motor Market, By End User – Revenue And Forecast To 2027 (US$ Million)
Table 12. List of Abbreviation
List of Figures
Figure 1. SAM Stepper Motor Market Segmentation
Figure 2. SAM Stepper Motor Market Segmentation – By Country
Figure 3. SAM Stepper Motor Market Overview
Figure 4. SAM Stepper Motor Market, by Country
Figure 5. SAM Stepper Motor Market, By Type
Figure 6. SAM Stepper Motor Market, By Technology
Figure 7. SAM Stepper Motor Market, By End User
Figure 8. SAM– PEST Analysis
Figure 9. SAM Stepper Motor Market – Ecosystem Analysis
Figure 10. SAM Stepper Motor Market: Impact Analysis of Drivers And Restraints
Figure 11. SAM Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)
Figure 12. SAM Stepper Motors Market Breakdown, by Type (2019 and 2027)
Figure 13. SAM Rotary Stepper Motors Market Revenue and Forecast to 2027(US$ Million)
Figure 14. SAM Fully Enclosed Stepper Drives Market Revenue and Forecast to 2027(US$ Million)
Figure 15. SAM Integrated Lead Screw Stepper Motors Market Revenue and Forecast To 2027(US$ Million)
Figure 16. SAM Stepper Motors Market Breakdown, by Technology (2019 and 2027)
Figure 17. SAM Permanent Magnet Stepper Motor Market Revenue and Forecast to 2027(US$ Million)
Figure 18. SAM Hybrid Stepper Motor Market Revenue and Forecast to 2027(US$ Million)
Figure 19. SAM Variable Reluctance Stepper Motors Market Revenue and Forecast to 2027(US$ Million)
Figure 20. SAM Stepper Motors Market Breakdown, by End User (2019 and 2027)
Figure 21. SAM Semiconductor Market Revenue and Forecast to 2027(US$ Million)
Figure 22. SAM Packaging and Labeling Market Revenue and Forecast to 2027(US$ Million)
Figure 23. SAM Medical Equipment Market Revenue and Forecast to 2027(US$ Million)
Figure 24. SAM Industrial Machineries Market Revenue and Forecast to 2027(US$ Million)
Figure 25. SAM Others Market Revenue and Forecast to 2027(US$ Million)
Figure 26. SAM: Stepper Motor Market Revenue Share, By Country (2019 and 2027)
Figure 27. Brazil: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)
Figure 28. Argentina: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)
Figure 29. Rest of SAM: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million) Figure 30. Impact of COVID-19 Pandemic on SAM Market

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook