Miniature Motors Market Segmented By Induction Motors, Synchronous Motors in AC Motors and Brushed DC Motors, Brushless DC Motors with Low Speed, Medium Speed, High Speed
Industry: Industrial Automation
Format: PPT*, PDF, EXCEL
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Report Type: Ongoing
Report ID: PMRREP32685
According to research estimates, the Miniature Motors market is anticipated to exhibit promising growth between 8% and 9% during the tenure of 2021 to 2031. Design upgrades and customized solutions are expected to drive the demand in the forecast period.
Manufacturers are continuously focusing on R&D to develop new and effective motor configurations to meet varied end-user demand. Increasing concerns, such as environmental pollution and regulations, are forcing suppliers to develop motors that reduce vibration and increase efficiency.
The expanding development in industrial automation, automotive industry, and electrical industry, have fueled in demand for these motors and help to addressed these sectoral demands with quality and safety. New motor design is encapsulating electronic and electromechanical components. Design upgrades are extending service life and intended to reduce shocks and vibrations in motor body.
Easy-to operate-features, low-profile configuration, precise dynamic motion, robustness and dexterity are making them a right solution across various industrial landscapes, thus augmenting sales in the near to medium growth outlook.
The market is being pushed by the increasing use of the product in various sectors. Industrial and automotive activity is on the rise all around the world, which is propelling it forward even more. Furthermore, the market is being aided by the government's current focus on adopting energy-efficient motors. The market is gaining traction as the population of tier II and tier III cities grows, as well as increased urbanization.
Miniature motors are becoming more popular as a result of its desirable characteristics such as compact size, long life, low maintenance and energy consumption, and optimum cost. Precision sensor technologies and interfacing capabilities are providing streamlining the bulky mechanisms which were used conventionally.
Predictive motion control is solving the numerous challenges in the fields of process automation. Constraints in space and requirements to deliver maximum output in fixed space, is met by these motors. High power density allows for the downsizing of mechanisms or greater capabilities in existing designs, which is crucial for reducing the amount of space taken up by motion parts.
The global market offers a variety of growth potential as the energy sector transitions from fuel-powered motors to green and efficient technology.
Over the last decade, manufacturers have integrated various technologies to ensure efficient operation in the motor sector. Following that, North America holds highest share in the global miniature motors market. In U.S. and Canada, Mini motors can handle the special issues of the surgical, warehouse, cobot, and service robots industries thanks to disruptive technology.
With the rise of smaller and better robotic designs, breakthroughs in artificial intelligence and machine learning (AI) are driving robotics innovation, allowing them to spread into industries across North America.
The market for miniature motors in Europe is dominated by OEMs with a substantial presence. Industry-specific motors are developed by OEMs, particularly for the automotive and process sectors. In Europe, robot dependency on motors for motion control, is becoming critical for robotics evolution.
Amid the continuing economic crisis in Europe, exporters from developing economies may find chances in the recovering market. Energy efficiency being the key trend in the motor business, is propelling the demand, according to the European Minimum Energy Performance Standards (MEPS) program.
Some of the leading manufacturers and suppliers include
Suppliers emphasize that they can meet customer needs for a multitude of scenarios and applications. For suppliers, the ability to tailor motors is critical. They make the motors in such a way that all of the parameters, such as custom designs, mountings, motor capacity and arrangement, rotor structure, and composition elements, may be easily adjusted for a specific end-use.
By Motor Type
By Operational Speed
By End-Use
By Region
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.
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