Micro Motors Market Research Report – Global Forecast to 2027

Micro Motors Market Information Report by Application (Automotive, Medical Equipment, Industrial Automation and others), by Technology (Brushed and Brushless), by Power Consumption (>11v, 12v-24v, 25v-48v, <48v) and by Region - Global Forecast to 2027

ID: MRFR/AM/1358-HCR | February 2021 | Region: Global | 100 pages

Please note that the assessment period of report has been updated from 2016-2022 to 2020-2027. Cordially fill the sample form for updated data.

Market Scenario


The Micro Motors market has registered high growth in recent times on account of growing demand from the Automotive, home appliance, and medical equipment industries among others. Specifically the micro motors market is witnessing increasing demand from the automotive industry. With recent technological developments, high quality micro motors are finding rapid integration in various industries, thus resulting in increasing demand in the micro motors market. With new markets such as electronic information and 3D printing also increasing adopting micro motors the market is expected to register high growth in the forecast period.


Global Micro Motors Market, by Market Share, 2016–2022 (USD Million)


Global Micro Motors Market, by Market Share, 2016–2022 (USD Million)


Study Objectives of Micro Motors Market



  • To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the Global Micro Motors Market



  • To analyze and provide insights about factors affecting the market growth



  • To Analyze the Global Micro Motors Market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.



  • To provide historical and forecast revenue of the market segments and sub-segments with respect to respect to regions and their respective key countries



  • To provide country level analysis of the market with respect to the current market size and future prospective



  • To provide country level analysis of the market for segments by technology, by application, by power consumption and by region



  • To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market



  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Micro Motors Market.


Intended Audience



  • Micro Motors manufacturing companies

  • Micro Motors service providers

  • Government as well as Independent Regulatory Authorities


Key Players


Some of the key players in the Micro Motors market are Mitsuba Corporation, Nidec Corporation, Johnson Electric Holdings Limited, Mabuchi Motors, Abb Ltd, Wellings Holdings Ltd, Asmo Co Ltd., Constar, Maxon Motors Ag, Buhler Motors Gmbh.


Segments


The Micro Motors market has been segmented on the basis of application as automotive, medical equipment, industrial automation and others. On the basis of technology the market has been segmented as brushed and brushless. On the basis of power consumption the market has been segmented as >11v, 12v-24v, 25v-48v, <48v.


Regional Analysis of Micro Motors 


Asia-Pacific region is expected to dominate the Micro Motors market due to the rapid increase in the construction and mining activities in this region. Growing healthcare centers, increasing spending power are some of the factors that can be attributed to the growth of the micro motors market in this region. Europe and North America are expected to form the other major chunk of the market owing to the technological development in these regions.



Frequently Asked Questions (FAQ) :


The global micro motors market is anticipated to record a substantial market valuation due to the increasing demand from the automtovie segment and technological advancements taking place.

The North American micro motor market is expected to witness substantive growth over the review period.

The automotive segment is slated to expand as the fastest-growing segment.

A few major market players operating in the global micro motors market are Mitsuba Corporation, Nidec Corporation, Johnson Electric Holdings Limited, among others.