출판 : MarketsandMarkets (마켓츠앤마켓츠) 출판년월 : 2023년04월
마이크로 모터 시장 : 용도(자동차, 의료기기 시스템, 산업 자동화, 건설, 채굴기기, 농업기기 시스템), 유형, 기술, 소비 전력, 지역별 – 2028년까지의 세계 예측
Micromotor Market by Application (Automotive, Medical Equipment System, Industrial Automation, Construction & Mining Equipment, Agriculture Equipment System), Type, Technology, Power Consumption & Region – Global Forecast to 2028
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| 구성 | 영문조사보고서 |
| 가격 |
The micromotor market is projected to grow from USD 44.8 billion in 2023 to USD 68.3 billion by 2028, at a CAGR of 8.8%.
마이크로 모터 시장은 2023년 448억 달러에서 2028년 683억 달러로 연평균 8.8% 성장할 것으로 예상됩니다.
Advancements in medical equipment are driving the micromotor market, which provides precision control and power for various applications in medical devices. Micromotors are becoming increasingly important in medical implants and surgical instruments, such as artificial hearts, pacemakers, and small cutting tools for minimally invasive surgeries, allowing for greater precision and control while minimizing damage to surrounding tissues. Micromotors are also used in diagnostic equipment, such as ultrasound machines and CT scanners, requiring small, efficient, and quiet motors for accurate and reliable results. The micromotor market is expected to grow in the coming years, with increasing demand for advanced medical equipment to improve patient outcomes and healthcare delivery efficiency.
“The micromotors with 12-24V power consumption are projected to dominate the market.”
The 12-24V micromotors are expected to dominate the market as these micromotors are widely used in various applications, including medical devices, automotive, robotics, and aerospace. The 12-24 volt micromotors are preferred due to their high efficiency, reliability, and low power consumption. Compared to high voltage motors, 12-24Volt micromotors are considered safer to use due to their lower risk of electrical shock or other hazards. In addition, they are a cost-effective option for applications where cost is a critical factor, as they are less expensive to manufacture than higher voltage motors. Additionally, they are compact and easy to integrate into various devices, making them an ideal choice for medical implants and other precision instruments. As a result, the demand for 12-24 volt micromotors is expected to increase in the coming years, driving the growth of the micromotor market.
“North America is another prominent largest market for micromotors”
North America is one of the dominant markets in the micromotor industry due to the increasing demand for advanced medical equipment, automotive, aerospace, and robotics applications. The major contributing countries in North America for the micromotor market are the US and Canada. The US is one of the largest markets for micromotors due to the presence of several leading manufacturers and the high demand for medical equipment and aerospace applications. The country is home to many of the world’s largest medical device manufacturers, such as Medtronic, Abbott Laboratories, and Boston Scientific. These companies are investing heavily in research and development to create innovative products and stay ahead of the competition. Similarly, Canada is also a major contributor to the micromotor market in North America due to the growing demand for automotive and aerospace applications. The country has a well-established aerospace industry, and many leading aerospace companies, such as Bombardier and Pratt & Whitney Canada, are based in Canada. These companies use micromotors in their aircraft engines, which drives the demand for micromotors in the country.
The break-up of the profile of primary participants in the low speed vehicle market:
• By Company Type: Tier 2 – 85%, Tier 1 –10 %, and Tier 3 – 5%
• By Designation: C Level – 50%, Others – 33%, and Director Level – 17%
• By Region: Asia Pacific – 55%, Europe – 28%, North America – 14%, Rest of the World – 3%
Prominent companies include MITSUBA Corporation (Japan), Nidec Corporation (Japan), Johnson Electric Holdings Limited (China), Mabuchi Motor Co., Ltd. (Japan), Maxon (Switzerland) and Constar Micromotor Co., Ltd. (China) among others.
Research Coverage:
This research report categorizes the micromotor market by application (automotive, medical equipment system, aircraft systems, construction and mining, agriculture equipment system and 3D printer system), by type (AC motor and DC motor), by technology (brushed and brushless), by power consumption (<11V, 12-24V, 25-48V, and >48V) and by region (North America, Europe, Asia Pacific, and Rest of the World). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the micromotor market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, and services; key strategies; contracts, partnerships, agreements, new product & service launches, mergers and acquisitions, recession impact, and recent developments associated with the micromotor market. Competitive analysis of upcoming startups in the micromotor market ecosystem is covered in this report.
Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall micromotor market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
• Analysis of key drivers (Need of golf carts and street legal vehicle with autonomous technology for the geriatric population for their daily commute, increasing popularity of golf sports with increase in number of golf courses in US and Asia Pacific region, and increase in charging infrastructure), restraints (High cost of LSVs has lower sales of the vehicles in developing and underdeveloped countries), opportunities (Increase in infrastructure development in real estate, hotel and resort, and rehabilitation in other European countries for the families of Ukraine after Russia war, increase in autonomous vehicle and connected car technology for better experience of the LSV riders, and increase in global tourism sector which has reached to pre pandemic situation), and challenges (Adoption of lithium ion batteries with high density has increased the battery cost compared to lead acid battery, and lack of safety standards followed by the OEMs with LSV body structure design) are influencing the growth of the LSV market.
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the micromotor market.
• Market Development: Comprehensive information about lucrative markets – the report analyses the micromotor market across varied regions.
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the micromotor market
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like MITSUBA Corporation (Japan), Nidec Corporation (Japan), Johnson Electric Holdings Limited (China), Mabuchi Motor Co., Ltd. (Japan), Maxon (Switzerland) and Constar Micromotor Co., Ltd. (China) among others in the micromotor market
The report also helps stakeholders understand the pulse of the automotive, medical equipment system, aircraft systems, construction and mining, agriculture equipment system and 3D printer system market by providing them with information on key market drivers, restraints, challenges, and opportunities.
목차
1 INTRODUCTION 35
1.1 STUDY OBJECTIVES 35
1.2 MARKET DEFINITION 35
1.3 INCLUSIONS AND EXCLUSIONS 36
1.4 MARKET SCOPE 37
FIGURE 1 MARKET SEGMENTATION: MICROMOTOR MARKET 37
1.4.1 YEARS CONSIDERED 37
1.5 CURRENCY CONSIDERED 38
TABLE 1 CURRENCY EXCHANGE RATES 38
1.6 STAKEHOLDERS 39
1.7 SUMMARY OF CHANGES 39
2 RESEARCH METHODOLOGY 40
2.1 RESEARCH DATA 40
FIGURE 2 RESEARCH DESIGN: MICROMOTOR MARKET 40
FIGURE 3 RESEARCH METHODOLOGY MODEL 41
2.1.1 SECONDARY DATA 42
2.1.1.1 Key secondary sources for market sizing 42
2.1.1.2 Key data from secondary sources 43
2.1.2 PRIMARY DATA 43
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION 44
2.1.2.1 List of primary participants 44
2.2 MARKET SIZE ESTIMATION 45
FIGURE 5 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING 46
2.2.1 RECESSION IMPACT ANALYSIS 46
2.2.2 TOP-DOWN APPROACH 47
FIGURE 6 MICROMOTOR MARKET: TOP-DOWN APPROACH 47
2.3 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDES 48
2.4 FACTOR ANALYSIS 49
2.5 DATA TRIANGULATION 50
FIGURE 7 DATA TRIANGULATION METHODOLOGY 50
2.6 RESEARCH ASSUMPTIONS 51
2.7 RISK ASSESSMENT 52
2.8 RESEARCH LIMITATIONS 53
3 EXECUTIVE SUMMARY 54
3.1 REPORT SUMMARY 54
FIGURE 8 MICROMOTOR MARKET, BY REGION, 2023 VS. 2028 54
4 PREMIUM INSIGHTS 56
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN MICROMOTOR MARKET 56
FIGURE 9 INCREASING DEMAND FOR INDUSTRIAL AUTOMATION TO DRIVE MICROMOTOR MARKET 56
4.2 MICROMOTOR MARKET, BY TECHNOLOGY 56
FIGURE 10 BRUSHLESS MICROMOTOR SEGMENT TO REGISTER HIGHER GROWTH RATE, BY VALUE, FROM 2023 TO 2028 56
4.3 MICROMOTOR MARKET, BY POWER CONSUMPTION 57
FIGURE 11 12–24 V SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 57
4.4 AUTOMOTIVE MICROMOTOR MARKET, BY APPLICATION 57
FIGURE 12 POWER WINDOWS AND HVAC SEGMENTS TO LEAD MARKET FROM 2023 TO 2028 57
4.5 MEDICAL EQUIPMENT SYSTEM MICROMOTOR MARKET, BY APPLICATION 58
FIGURE 13 PORTABLE DEVICES SEGMENT TO BE LARGEST APPLICATION SEGMENT DURING FORECAST PERIOD 58
4.6 MICROMOTOR MARKET, BY INDUSTRY 58
FIGURE 14 INDUSTRIAL AUTOMATION SEGMENT TO BE LARGEST SEGMENT IN TERMS OF VALUE, 2023 VS 2028 58
4.7 MICROMOTOR MARKET, BY TYPE 59
FIGURE 15 DC SEGMENT ESTIMATED TO LEAD MARKET IN 2023 59
4.8 MICROMOTOR MARKET, BY REGION 59
FIGURE 16 ASIA PACIFIC ESTIMATED TO ACCOUNT FOR LARGEST MARKET SHARE IN 2023 59
5 MARKET OVERVIEW 60
5.1 INTRODUCTION 60
5.2 MARKET DYNAMICS 61
FIGURE 17 MICROMOTOR MARKET: MARKET DYNAMICS 61
5.2.1 DRIVERS 61
5.2.1.1 Growing trend of industrial automation 61
FIGURE 18 INDUSTRIAL AUTOMATION: GROWING TREND IN MANUFACTURING 62
5.2.1.2 Increasing number of safety and comfort features in vehicles 62
TABLE 2 PASSENGER CARS WITH FEATURES USING MICROMOTORS 63
5.2.2 RESTRAINTS 64
5.2.2.1 High cost of advanced technologies and services in micromotor production 64
FIGURE 19 HIGH COST OF PRODUCTION AND TECHNOLOGIES INVOLVED IN MICROMOTOR PRODUCTION 64
TABLE 3 TECHNOLOGIES INVOLVED IN MICROMOTOR PRODUCTION 65
5.2.3 OPPORTUNITIES 65
5.2.3.1 Rising advancements in medical equipment 65
FIGURE 20 MICROMOTOR MARKET FOR MEDICAL EQUIPMENT SYSTEMS, BY REGION, 2023 VS. 2028 (USD BILLION) 66
5.2.3.2 Increasing adoption of brushless motors for low maintenance 66
FIGURE 21 FACTORS DRIVING DEMAND FOR BRUSHLESS MOTORS 67
5.2.4 CHALLENGES 67
5.2.4.1 Availability of inferior products in local markets at lower prices 67
5.3 PORTER’S FIVE FORCES ANALYSIS 68
TABLE 4 PORTER’S FIVE FORCES ANALYSIS 68
FIGURE 22 PORTER’S FIVE FORCES ANALYSIS 68
5.3.1 THREAT OF NEW ENTRANTS 69
5.3.2 THREAT OF SUBSTITUTES 69
5.3.3 BARGAINING POWER OF SUPPLIERS 69
5.3.4 BARGAINING POWER OF BUYERS 69
5.3.5 INTENSITY OF COMPETITIVE RIVALRY 69
5.4 RECESSION IMPACT ON MICROMOTOR MARKET 70
5.4.1 INTRODUCTION 70
5.4.2 REGIONAL MACROECONOMIC OVERVIEW 70
5.4.3 ANALYSIS OF KEY ECONOMIC INDICATORS 70
TABLE 5 KEY ECONOMIC INDICATORS FOR SELECT COUNTRIES, 2021−2022 70
5.4.4 ECONOMIC STAGFLATION (SLOWDOWN) VS. ECONOMIC RECESSION 71
5.4.4.1 Europe 71
FIGURE 23 EUROPE: KEY ECONOMIC INDICATORS, 2021−2023 71
5.4.4.2 Asia Pacific 72
FIGURE 24 ASIA PACIFIC: KEY ECONOMIC INDICATORS, 2021–2023 72
5.4.4.3 Americas 72
FIGURE 25 AMERICAS: KEY ECONOMIC INDICATORS, 2021−2023 72
5.4.5 ECONOMIC OUTLOOK/PROJECTIONS 73
TABLE 6 GDP GROWTH PROJECTIONS FOR KEY COUNTRIES, 2024−2027 (% GROWTH) 73
5.5 IMPACT ON AUTOMOTIVE SECTOR 74
5.5.1 ANALYSIS OF AUTOMOTIVE VEHICLE SALES 74
5.5.1.1 Europe 74
TABLE 7 EUROPE: PASSENGER CAR AND LIGHT COMMERCIAL VEHICLE SALES, BY COUNTRY, 2021–2022 74
5.5.1.2 Asia Pacific 74
TABLE 8 ASIA PACIFIC: PASSENGER CAR AND LIGHT COMMERCIAL VEHICLE SALES, BY COUNTRY, 2021–2022 74
5.5.1.3 Americas 75
TABLE 9 AMERICAS: PASSENGER CAR AND LIGHT COMMERCIAL VEHICLE SALES, BY COUNTRY, 2021–2022 75
5.5.2 AUTOMOTIVE SALES OUTLOOK 76
FIGURE 26 PASSENGER CAR AND LIGHT COMMERCIAL VEHICLE PRODUCTION FORECAST, 2022 VS. 2027 (UNITS) 76
5.6 SUPPLY CHAIN ANALYSIS 77
FIGURE 27 SUPPLY CHAIN ANALYSIS: MICROMOTOR MARKET 77
5.7 ECOSYSTEM 78
FIGURE 28 MICROMOTOR MARKET: ECOSYSTEM ANALYSIS 78
TABLE 10 ROLE OF COMPANIES IN MICROMOTOR MARKET ECOSYSTEM 78
5.8 TRADE ANALYSIS 79
5.8.1 IMPORT DATA 79
5.8.1.1 US: Imports share 79
TABLE 11 US: MICROMOTOR IMPORTS SHARE, BY COUNTRY (VALUE%) 79
5.8.1.2 Canada: Imports share 80
TABLE 12 CANADA: MICROMOTOR IMPORTS SHARE, BY COUNTRY (VALUE%) 80
5.8.1.3 China: Imports share 80
TABLE 13 CHINA: MICROMOTOR IMPORTS SHARE, BY COUNTRY (VALUE%) 80
5.8.1.4 Japan: Imports share 80
TABLE 14 JAPAN: MICROMOTOR IMPORTS SHARE, BY COUNTRY (VALUE%) 80
5.8.1.5 India: Imports share 81
TABLE 15 INDIA: MICROMOTOR IMPORTS SHARE, BY COUNTRY (VALUE%) 81
5.8.1.6 Germany: Imports share 81
TABLE 16 GERMANY: MICROMOTOR IMPORTS SHARE, BY COUNTRY (VALUE%) 81
5.8.1.7 France: Imports share 81
TABLE 17 FRANCE: MICROMOTOR IMPORTS SHARE, BY COUNTRY (VALUE%) 81
5.8.2 EXPORT DATA 82
5.8.2.1 US: Exports share 82
TABLE 18 US: MICROMOTOR EXPORTS SHARE, BY COUNTRY (VALUE%) 82
5.8.2.2 Canada: Exports share 82
TABLE 19 CANADA: MICROMOTOR EXPORTS SHARE, BY COUNTRY (VALUE%) 82
5.8.2.3 China: Exports share 82
TABLE 20 CHINA: MICROMOTOR EXPORTS SHARE, BY COUNTRY (VALUE%) 82
5.8.2.4 Japan: Exports share 83
TABLE 21 JAPAN: MICROMOTOR EXPORTS SHARE, BY COUNTRY (VALUE%) 83
5.8.2.5 India: Exports share 83
TABLE 22 INDIA: MICROMOTOR EXPORTS SHARE, BY COUNTRY (VALUE%) 83
5.8.2.6 Germany: Exports share 83
TABLE 23 GERMANY: MICROMOTOR EXPORTS SHARE, BY COUNTRY (VALUE%) 83
5.8.2.7 France: Exports share 84
TABLE 24 FRANCE: MICROMOTOR EXPORTS SHARE, BY COUNTRY (VALUE%) 84
5.9 TECHNOLOGY ANALYSIS 84
5.9.1 GROWING TREND OF MINIATURE BRUSHLESS DC MOTORS 84
5.9.2 DEVELOPMENT OF SHAPE MEMORY ALLOY (SMA) MICROMOTORS 84
5.9.3 IOT IN AUTOMOTIVE MICROMOTOR SYSTEMS 85
6 AUTOMOTIVE MICROMOTOR MARKET, BY APPLICATION 86
6.1 INTRODUCTION 87
6.1.1 PRIMARY INSIGHTS 87
FIGURE 29 AUTOMOTIVE MICROMOTOR MARKET, BY APPLICATION, 2023 VS. 2028 (USD BILLION) 88
TABLE 25 AUTOMOTIVE MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (MILLION UNITS) 88
TABLE 26 AUTOMOTIVE MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (MILLION UNITS) 89
TABLE 27 AUTOMOTIVE MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (USD BILLION) 89
TABLE 28 AUTOMOTIVE MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (USD BILLION) 90
6.2 POWER WINDOWS 90
6.2.1 RISE IN DEMAND FOR ELECTRONICALLY CONTROLLED WINDOWS IN AUTOMOBILES TO PROMOTE MARKET GROWTH 90
TABLE 29 POWER WINDOWS: MICROMOTOR MARKET, BY REGION, 2018–2022 (MILLION UNITS) 91
TABLE 30 POWER WINDOWS: MICROMOTOR MARKET, BY REGION, 2023–2028 (MILLION UNITS) 91
TABLE 31 POWER WINDOWS: MICROMOTOR MARKET, BY REGION, 2018–2022 (USD BILLION) 91
TABLE 32 POWER WINDOWS: MICROMOTOR MARKET, BY REGION, 2023–2028 (USD BILLION) 91
6.3 POWER MIRRORS 92
6.3.1 INCREASING NEED FOR CONVENIENCE FEATURES IN VEHICLES TO DRIVE MARKET 92
TABLE 33 POWER MIRRORS: MICROMOTOR MARKET, BY REGION, 2018–2022 (MILLION UNITS) 92
TABLE 34 POWER MIRRORS: MICROMOTOR MARKET, BY REGION, 2023–2028 (MILLION UNITS) 92
TABLE 35 POWER MIRRORS: MICROMOTOR MARKET, BY REGION, 2018–2022 (USD BILLION) 93
TABLE 36 POWER MIRRORS: MICROMOTOR MARKET, BY REGION, 2023–2028 (USD BILLION) 93
6.4 WIPER MOTORS 93
6.4.1 NEED FOR BETTER GLASS VISION TO DRIVE DEMAND FOR MICROMOTORS IN WIPERS 93
TABLE 37 WIPER MOTORS: MICROMOTOR MARKET, BY REGION, 2018–2022 (MILLION UNITS) 94
TABLE 38 WIPER MOTORS: MICROMOTOR MARKET, BY REGION, 2023–2028 (MILLION UNITS) 94
TABLE 39 WIPER MOTORS: MICROMOTOR MARKET, BY REGION, 2018–2022 (USD BILLION) 94
TABLE 40 WIPER MOTORS: MICROMOTOR MARKET, BY REGION, 2023–2028 (USD BILLION) 94
6.5 INFOTAINMENT SYSTEMS 95
6.5.1 DEMAND FOR ADVANCED ENTERTAINMENT FEATURES TO PROMOTE USE OF MICROMOTORS IN INFOTAINMENT SYSTEMS 95
TABLE 41 INFOTAINMENT SYSTEMS: MICROMOTOR MARKET, BY REGION, 2018–2022 (MILLION UNITS) 95
TABLE 42 INFOTAINMENT SYSTEMS: MICROMOTOR MARKET, BY REGION, 2023–2028 (MILLION UNITS) 95
TABLE 43 INFOTAINMENT SYSTEMS: MICROMOTOR MARKET, BY REGION, 2018–2022 (USD BILLION) 96
TABLE 44 INFOTAINMENT SYSTEMS: MICROMOTOR MARKET, BY REGION, 2023–2028 (USD BILLION) 96
6.6 LIGHTING 96
6.6.1 INCREASED DEMAND FOR BETTER NIGHT VISION TO PROMOTE USE OF MICROMOTORS IN ELECTRONICALLY CONTROLLED HEADLAMPS 96
TABLE 45 LIGHTING: MICROMOTOR MARKET, BY REGION, 2018–2022 (MILLION UNITS) 97
TABLE 46 LIGHTING: MICROMOTOR MARKET, BY REGION, 2023–2028 (MILLION UNITS) 97
TABLE 47 LIGHTING: MICROMOTOR MARKET, BY REGION, 2018–2022 (USD BILLION) 97
TABLE 48 LIGHTING: MICROMOTOR MARKET, BY REGION, 2023–2028 (USD BILLION) 97
6.7 DOOR LOCKS 98
6.7.1 NEED FOR ENHANCED VEHICLE SAFETY TO PROMOTE USE OF MICROMOTORS IN VEHICLE DOOR LOCKS 98
TABLE 49 DOOR LOCKS: MICROMOTOR MARKET, BY REGION, 2018–2022 (MILLION UNITS) 98
TABLE 50 DOOR LOCKS: MICROMOTOR MARKET, BY REGION, 2023–2028 (MILLION UNITS) 98
TABLE 51 DOOR LOCKS: MICROMOTOR MARKET, BY REGION, 2018–2022 (USD BILLION) 99
TABLE 52 DOOR LOCKS: MICROMOTOR MARKET, BY REGION, 2023–2028 (USD BILLION) 99
6.8 HVAC 99
6.8.1 DEMAND FOR BETTER HEAT MANAGEMENT FOR IMPROVED VEHICLE PERFORMANCE TO PROMOTE USE OF MICROMOTORS IN HVAC SYSTEMS 99
TABLE 53 HVAC: MICROMOTOR MARKET, BY REGION, 2018–2022 (MILLION UNITS) 100
TABLE 54 HVAC: MICROMOTOR MARKET, BY REGION, 2023–2028 (MILLION UNITS) 100
TABLE 55 HVAC: MICROMOTOR MARKET, BY REGION, 2018–2022 (USD BILLION) 100
TABLE 56 HVAC: MICROMOTOR MARKET, BY REGION, 2023–2028 (USD BILLION) 100
6.9 FUEL INJECTION SYSTEMS 101
6.9.1 RISING DEMAND FOR IMPROVED FUEL FLOW IN VEHICLES TO PROMOTE USE OF MICROMOTORS IN FIS 101
TABLE 57 FUEL INJECTION SYSTEMS: MICROMOTOR MARKET, BY REGION, 2018–2022 (MILLION UNITS) 101
TABLE 58 FUEL INJECTION SYSTEMS: MICROMOTOR MARKET, BY REGION, 2023–2028 (MILLION UNITS) 102
TABLE 59 FUEL INJECTION SYSTEMS: MICROMOTOR MARKET, BY REGION, 2018–2022 (USD BILLION) 102
TABLE 60 FUEL INJECTION SYSTEMS: MICROMOTOR MARKET, BY REGION, 2023–2028 (USD BILLION) 102
6.10 POWER SEATS 103
6.10.1 INCREASED DEMAND FOR ENHANCED SEATING COMFORT TO PROMOTE USE OF MICROMOTORS 103
TABLE 61 POWER SEATS: MICROMOTOR MARKET, BY REGION, 2018–2022 (MILLION UNITS) 103
TABLE 62 POWER SEATS: MICROMOTOR MARKET, BY REGION, 2023–2028 (MILLION UNITS) 103
TABLE 63 POWER SEATS: MICROMOTOR MARKET, BY REGION, 2018–2022 (USD BILLION) 103
TABLE 64 POWER SEATS: MICROMOTOR MARKET, BY REGION, 2023–2028 (USD BILLION) 104
6.11 ADJUSTABLE SHOCK ABSORBERS 104
6.11.1 GROWING DEMAND FOR SMOOTH DRIVING EXPERIENCE TO PROMOTE USE OF MICROMOTORS IN ADJUSTABLE SHOCK ABSORBERS IN VEHICLES 104
TABLE 65 ADJUSTABLE SHOCK ABSORBERS: MICROMOTOR MARKET, BY REGION, 2018–2022 (MILLION UNITS) 104
TABLE 66 ADJUSTABLE SHOCK ABSORBERS: MICROMOTOR MARKET, BY REGION, 2023–2028 (MILLION UNITS) 105
TABLE 67 ADJUSTABLE SHOCK ABSORBERS: MICROMOTOR MARKET, BY REGION, 2018–2022 (USD BILLION) 105
TABLE 68 ADJUSTABLE SHOCK ABSORBERS: MICROMOTOR MARKET, BY REGION, 2023–2028 (USD BILLION) 105
7 MEDICAL EQUIPMENT SYSTEM MICROMOTOR MARKET, BY APPLICATION 106
7.1 INTRODUCTION 107
7.1.1 PRIMARY INSIGHTS 107
FIGURE 30 MEDICAL EQUIPMENT SYSTEM MICROMOTOR MARKET, BY APPLICATION, 2023 VS. 2028 (USD BILLION) 107
TABLE 69 MEDICAL EQUIPMENT SYSTEM MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (MILLION UNITS) 108
TABLE 70 MEDICAL EQUIPMENT SYSTEM MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (MILLION UNITS) 108
TABLE 71 MEDICAL EQUIPMENT SYSTEM MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (USD BILLION) 108
TABLE 72 MEDICAL EQUIPMENT SYSTEM MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (USD BILLION) 109
7.2 PORTABLE DEVICES 109
7.2.1 RISING NEED FOR EASILY TRANSPORTABLE MEDICAL DEVICES TO CREATE DEMAND FOR MICROMOTORS 109
TABLE 73 PORTABLE DEVICES: MICROMOTOR MARKET, BY REGION, 2018–2022 (MILLION UNITS) 109
TABLE 74 PORTABLE DEVICES: MICROMOTOR MARKET, BY REGION, 2023–2028 (MILLION UNITS) 110
TABLE 75 PORTABLE DEVICES: MICROMOTOR MARKET, BY REGION, 2018–2022 (USD BILLION) 110
TABLE 76 PORTABLE DEVICES: MICROMOTOR MARKET, BY REGION, 2023–2028 (USD BILLION) 110
7.3 POWERED SURGICAL EQUIPMENT 111
7.3.1 INCREASED DEMAND FOR HIGH ACCURACY, SPEED, AND SAFETY TO PROMOTE USE OF MICROMOTORS IN SURGICAL EQUIPMENT 111
TABLE 77 POWERED SURGICAL EQUIPMENT: MICROMOTOR MARKET, BY REGION, 2018–2022 (MILLION UNITS) 111
TABLE 78 POWERED SURGICAL EQUIPMENT: MICROMOTOR MARKET, BY REGION, 2023–2028 (MILLION UNITS) 111
TABLE 79 POWERED SURGICAL EQUIPMENT: MICROMOTOR MARKET, BY REGION, 2018–2022 (USD BILLION) 112
TABLE 80 POWERED SURGICAL EQUIPMENT: MICROMOTOR MARKET, BY REGION, 2023–2028 (USD BILLION) 112
7.4 LAB AUTOMATION 112
7.4.1 GROWING DEMAND FOR FASTER AND ACCURATE LAB ANALYSIS TO PROMOTE USE OF MICROMOTORS IN LAB AUTOMATION PROCESSES 112
TABLE 81 LAB AUTOMATION: MICROMOTOR MARKET, BY REGION, 2018–2022 (MILLION UNITS) 113
TABLE 82 LAB AUTOMATION: MICROMOTOR MARKET, BY REGION, 2023–2028 (MILLION UNITS) 113
TABLE 83 LAB AUTOMATION: MICROMOTOR MARKET, BY REGION, 2018–2022 (USD BILLION) 113
TABLE 84 LAB AUTOMATION: MICROMOTOR MARKET, BY REGION, 2023–2028 (USD BILLION) 114
7.5 DENTAL SYSTEMS & EQUIPMENT 114
7.5.1 LESS NOISE FEATURE OF MICROMOTORS TO PROMOTE THEIR USE IN DENTAL EQUIPMENT 114
TABLE 85 DENTAL SYSTEMS & EQUIPMENT: MICROMOTOR MARKET, BY REGION, 2018–2022 (MILLION UNITS) 114
TABLE 86 DENTAL SYSTEMS & EQUIPMENT: MICROMOTOR MARKET, BY REGION, 2023–2028 (MILLION UNITS) 115
TABLE 87 DENTAL SYSTEMS & EQUIPMENT: MICROMOTOR MARKET, BY REGION, 2018–2022 (USD BILLION) 115
TABLE 88 DENTAL SYSTEMS & EQUIPMENT: MICROMOTOR MARKET, BY REGION, 2023–2028 (USD BILLION) 115
8 MICROMOTOR MARKET, BY INDUSTRY 116
8.1 INTRODUCTION 117
8.1.1 PRIMARY INSIGHTS 117
FIGURE 31 MICROMOTOR MARKET, BY INDUSTRY, 2023 VS. 2028 (USD BILLION) 117
TABLE 89 MICROMOTOR MARKET, BY INDUSTRY, 2018–2022 (MILLION UNITS) 118
TABLE 90 MICROMOTOR MARKET, BY INDUSTRY, 2023–2028 (MILLION UNITS) 118
TABLE 91 MICROMOTOR MARKET, BY INDUSTRY, 2018–2022 (USD BILLION) 118
TABLE 92 MICROMOTOR MARKET, BY INDUSTRY, 2023–2028 (USD BILLION) 119
8.2 INDUSTRIAL AUTOMATION 119
8.2.1 GROWING DEMAND FOR AUTOMATED PROCESSES IN VARIOUS INDUSTRIAL APPLICATIONS TO DRIVE MARKET 119
TABLE 93 INDUSTRIAL AUTOMATION: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (MILLION UNITS) 119
TABLE 94 INDUSTRIAL AUTOMATION: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (MILLION UNITS) 120
TABLE 95 INDUSTRIAL AUTOMATION: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (USD BILLION) 120
TABLE 96 INDUSTRIAL AUTOMATION: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (USD BILLION) 120
8.2.1.1 Industrial electric drive & control 121
TABLE 97 INDUSTRIAL ELECTRIC DRIVE & CONTROL: MICROMOTOR MARKET, BY REGION, 2018–2022 (MILLION UNITS) 121
TABLE 98 INDUSTRIAL ELECTRIC DRIVE & CONTROL: MICROMOTOR MARKET, BY REGION, 2023–2028 (MILLION UNITS) 121
TABLE 99 INDUSTRIAL ELECTRIC DRIVE & CONTROL: MICROMOTOR MARKET, BY REGION, 2018–2022 (USD BILLION) 121
TABLE 100 INDUSTRIAL ELECTRIC DRIVE & CONTROL: MICROMOTOR MARKET, BY REGION, 2023–2028 (USD BILLION) 122
8.2.1.2 Automation equipment & light industry machinery 122
TABLE 101 AUTOMATION EQUIPMENT & LIGHT INDUSTRY MACHINERY: MICROMOTOR MARKET, BY REGION, 2018–2022 (MILLION UNITS) 122
TABLE 102 AUTOMATION EQUIPMENT & LIGHT INDUSTRY MACHINERY: MICROMOTOR MARKET, BY REGION, 2023–2028 (MILLION UNITS) 122
TABLE 103 AUTOMATION EQUIPMENT & LIGHT INDUSTRY MACHINERY: MICROMOTOR MARKET, BY REGION, 2018–2022 (USD BILLION) 123
TABLE 104 AUTOMATION EQUIPMENT & LIGHT INDUSTRY MACHINERY: MICROMOTOR MARKET, BY REGION, 2023–2028 (USD BILLION) 123
8.3 AIRCRAFT SYSTEMS 123
8.3.1 RISING DEMAND FOR LIGHTWEIGHT AND COMPACT COMPONENTS IN AIRCRAFT SYSTEMS TO DRIVE MARKET 123
TABLE 105 AIRCRAFT SYSTEMS: MICROMOTOR MARKET, BY REGION, 2018–2022 (MILLION UNITS) 124
TABLE 106 AIRCRAFT SYSTEMS: MICROMOTOR MARKET, BY REGION, 2023–2028 (MILLION UNITS) 124
TABLE 107 AIRCRAFT SYSTEMS: MICROMOTOR MARKET, BY REGION, 2018–2022 (USD BILLION) 124
TABLE 108 AIRCRAFT SYSTEMS: MICROMOTOR MARKET, BY REGION, 2023–2028 (USD BILLION) 124
8.4 AGRICULTURE EQUIPMENT SYSTEM 125
8.4.1 GROWING DEMAND FOR PRECISION CONTROL COMPONENTS TO PROMOTE USE OF MICROMOTORS IN AGRICULTURE EQUIPMENT 125
TABLE 109 AGRICULTURE EQUIPMENT SYSTEM: MICROMOTOR MARKET, BY REGION, 2018–2022 (MILLION UNITS) 125
TABLE 110 AGRICULTURE EQUIPMENT SYSTEM: MICROMOTOR MARKET, BY REGION, 2023–2028 (MILLION UNITS) 126
TABLE 111 AGRICULTURE EQUIPMENT SYSTEM: MICROMOTOR MARKET, BY REGION, 2018–2022 (USD BILLION) 126
TABLE 112 AGRICULTURE EQUIPMENT SYSTEM: MICROMOTOR MARKET, BY REGION, 2023–2028 (USD BILLION) 126
8.5 CONSTRUCTION & MINING EQUIPMENT 127
8.5.1 RISING DEMAND FOR ENVIRONMENT-FRIENDLY COMPONENTS FOR CONTROLLING NOISE POLLUTION TO PROMOTE USE OF NOISELESS MICROMOTORS IN CONSTRUCTION & MINING EQUIPMENT 127
TABLE 113 CONSTRUCTION & MINING EQUIPMENT: MICROMOTOR MARKET, BY REGION, 2018–2022 (MILLION UNITS) 127
TABLE 114 CONSTRUCTION & MINING EQUIPMENT: MICROMOTOR MARKET, BY REGION, 2023–2028 (MILLION UNITS) 127
TABLE 115 CONSTRUCTION & MINING EQUIPMENT: MICROMOTOR MARKET, BY REGION, 2018–2022 (USD BILLION) 128
TABLE 116 CONSTRUCTION & MINING EQUIPMENT: MICROMOTOR MARKET, BY REGION, 2023–2028 (USD BILLION) 128
8.6 3D PRINTER SYSTEM 128
8.6.1 NEED FOR COMPACT COMPONENTS TO PROMOTE USE OF MICROMOTORS IN 3D PRINTER SYSTEMS 128
TABLE 117 3D PRINTER SYSTEM: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (MILLION UNITS) 129
TABLE 118 3D PRINTER SYSTEM: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (MILLION UNITS) 129
TABLE 119 3D PRINTER SYSTEM: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (USD BILLION) 129
TABLE 120 3D PRINTER SYSTEM: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (USD BILLION) 130
TABLE 121 3D PRINTER SYSTEM: MICROMOTOR MARKET, BY REGION, 2018–2022 (MILLION UNITS) 130
TABLE 122 3D PRINTER SYSTEM: MICROMOTOR MARKET, BY REGION, 2023–2028 (MILLION UNITS) 130
TABLE 123 3D PRINTER SYSTEM: MICROMOTOR MARKET, BY REGION, 2018–2022 (USD BILLION) 130
TABLE 124 3D PRINTER SYSTEM: MICROMOTOR MARKET, BY REGION, 2023–2028 (USD BILLION) 131
9 MICROMOTOR MARKET, BY TYPE 132
9.1 INTRODUCTION 133
9.1.1 PRIMARY INSIGHTS 133
FIGURE 32 MICROMOTOR MARKET, BY TYPE, 2023 VS. 2028 (USD BILLION) 133
TABLE 125 MICROMOTOR MARKET, BY TYPE, 2018–2022 (MILLION UNITS) 133
TABLE 126 MICROMOTOR MARKET, BY TYPE, 2023–2028 (MILLION UNITS) 134
TABLE 127 MICROMOTOR MARKET, BY TYPE, 2018–2022 (USD BILLION) 134
TABLE 128 MICROMOTOR MARKET, BY TYPE, 2023–2028 (USD BILLION) 134
9.2 AC MICROMOTOR 134
9.2.1 RISING INDUSTRIAL AUTOMATION TO DRIVE DEMAND FOR AC MICROMOTORS 134
TABLE 129 AC MICROMOTOR: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (MILLION UNITS) 135
TABLE 130 AC MICROMOTOR: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (MILLION UNITS) 135
TABLE 131 AC MICROMOTOR: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (USD BILLION) 135
TABLE 132 AC MICROMOTOR: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (USD BILLION) 136
9.3 DC MICROMOTOR 136
9.3.1 HIGH POWER-TO-WEIGHT RATIO TO DRIVE DEMAND FOR DC MICROMOTORS IN AUTOMOTIVE SECTOR 136
TABLE 133 DC MICROMOTOR: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (MILLION UNITS) 136
TABLE 134 DC MICROMOTOR: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (MILLION UNITS) 137
TABLE 135 DC MICROMOTOR: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (USD BILLION) 137
TABLE 136 DC MICROMOTOR: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (USD BILLION) 137
10 MICROMOTOR MARKET, BY TECHNOLOGY 138
10.1 INTRODUCTION 139
10.1.1 PRIMARY INSIGHTS 139
FIGURE 33 MICROMOTOR MARKET, BY TECHNOLOGY, 2023 VS. 2028 (USD BILLION) 139
TABLE 137 MICROMOTOR MARKET, BY TECHNOLOGY, 2018–2022 (MILLION UNITS) 140
TABLE 138 MICROMOTOR MARKET, BY TECHNOLOGY, 2023–2028 (MILLION UNITS) 140
TABLE 139 MICROMOTOR MARKET, BY TECHNOLOGY, 2018–2022 (USD BILLION) 140
TABLE 140 MICROMOTOR MARKET, BY TECHNOLOGY, 2023–2028 (USD BILLION) 140
10.2 BRUSHED MICROMOTOR 141
10.2.1 SIMPLE DESIGN AND CONSTRUCTION TO DRIVE DEMAND FOR BRUSHED MICROMOTORS IN MANY APPLICATIONS 141
TABLE 141 BRUSHED MICROMOTOR: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (MILLION UNITS) 141
TABLE 142 BRUSHED MICROMOTOR: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (MILLION UNITS) 142
TABLE 143 BRUSHED MICROMOTOR: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (USD BILLION) 142
TABLE 144 BRUSHED MICROMOTOR: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (USD BILLION) 143
10.3 BRUSHLESS MICROMOTOR 143
10.3.1 HIGH POWER OUTPUT AND INCREASED EFFICIENCY FEATURE TO DRIVE DEMAND FOR BRUSHLESS MICROMOTORS IN DIFFERENT INDUSTRIES 143
TABLE 145 BRUSHLESS MICROMOTOR: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (MILLION UNITS) 144
TABLE 146 BRUSHLESS MICROMOTOR: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (MILLION UNITS) 144
TABLE 147 BRUSHLESS MICROMOTOR: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (USD BILLION) 144
TABLE 148 BRUSHLESS MICROMOTOR: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (USD BILLION) 145
11 MICROMOTOR MARKET, BY POWER CONSUMPTION 146
11.1 INTRODUCTION 147
11.1.1 PRIMARY INSIGHTS 147
FIGURE 34 MICROMOTOR MARKET, BY POWER CONSUMPTION, 2023 VS. 2028 (USD BILLION) 148
TABLE 149 MICROMOTOR MARKET, BY POWER CONSUMPTION, 2018–2022 (MILLION UNITS) 148
TABLE 150 MICROMOTOR MARKET, BY POWER CONSUMPTION, 2023–2028 (MILLION UNITS) 148
TABLE 151 MICROMOTOR MARKET, BY POWER CONSUMPTION, 2018–2022 (USD BILLION) 149
TABLE 152 MICROMOTOR MARKET, BY POWER CONSUMPTION, 2023–2028 (USD BILLION) 149
11.2 <11 V 149
11.2.1 RISING DEMAND FOR SMALL-SCALE APPLICATIONS TO PROMOTE USE OF <11 V MICROMOTORS 149
TABLE 153 <11 V: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (MILLION UNITS) 150
TABLE 154 <11 V: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (MILLION UNITS) 150
TABLE 155 <11 V: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (USD BILLION) 150
TABLE 156 <11 V: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (USD BILLION) 151 11.3 12–24 V 151 11.3.1 COST-EFFECTIVE FEATURE TO DRIVE DEMAND FOR 12–24 V MICROMOTORS IN MULTIPLE APPLICATIONS 151 TABLE 157 12–24 V: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (MILLION UNITS) 151 TABLE 158 12–24 V: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (MILLION UNITS) 152 TABLE 159 12–24 V: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (USD BILLION) 152 TABLE 160 12–24 V: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (USD BILLION) 152 11.4 25–48 V 153 11.4.1 GROWING NEED FOR HIGH-POWER OUTPUT APPLICATIONS TO DRIVE DEMAND FOR 25–48 V MICROMOTORS 153 TABLE 161 25–48 V: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (MILLION UNITS) 153 TABLE 162 25–48 V: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (MILLION UNITS) 153 TABLE 163 25–48 V: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (USD BILLION) 154 TABLE 164 25–48 V: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (USD BILLION) 154 11.5 >48 V 154
11.5.1 INCREASING DEMAND FOR >48 V MICROMOTORS IN HIGH-SPEED INDUSTRIAL APPLICATIONS TO DRIVE MARKET 154
TABLE 165 >48 V: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (MILLION UNITS) 155
TABLE 166 >48 V: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (MILLION UNITS) 155
TABLE 167 >48 V: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (USD BILLION) 155
TABLE 168 >48 V: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (USD BILLION) 156
12 MICROMOTOR MARKET, BY REGION 157
12.1 INTRODUCTION 158
FIGURE 35 INDUSTRY INSIGHTS 158
FIGURE 36 MICROMOTOR MARKET, BY REGION, 2023 VS. 2028 (USD BILLION) 158
TABLE 169 MICROMOTOR MARKET, BY REGION, 2018–2022 (MILLION UNITS) 159
TABLE 170 MICROMOTOR MARKET, BY REGION, 2023–2028 (MILLION UNITS) 159
TABLE 171 MICROMOTOR MARKET, BY REGION, 2018–2022 (USD BILLION) 159
TABLE 172 MICROMOTOR MARKET, BY REGION, 2023–2028 (USD BILLION) 159
12.2 ASIA PACIFIC 160
12.2.1 RECESSION IMPACT 160
FIGURE 37 ASIA PACIFIC: MICROMOTOR MARKET SNAPSHOT 161
TABLE 173 ASIA PACIFIC: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (MILLION UNITS) 161
TABLE 174 ASIA PACIFIC: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (MILLION UNITS) 162
TABLE 175 ASIA PACIFIC: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (USD BILLION) 162
TABLE 176 ASIA PACIFIC: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (USD BILLION) 162
12.2.2 CHINA 163
12.2.2.1 Growing lab automation to drive market 163
TABLE 177 CHINA: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (MILLION UNITS) 163
TABLE 178 CHINA: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (MILLION UNITS) 163
TABLE 179 CHINA: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (USD BILLION) 164
TABLE 180 CHINA: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (USD BILLION) 164
12.2.3 JAPAN 164
12.2.3.1 Increase in demand for automation to drive market 164
TABLE 181 JAPAN: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (MILLION UNITS) 165
TABLE 182 JAPAN: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (MILLION UNITS) 165
TABLE 183 JAPAN: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (USD BILLION) 165
TABLE 184 JAPAN: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (USD BILLION) 166
12.2.4 INDIA 166
12.2.4.1 Rising EV market to drive demand for micromotors 166
TABLE 185 INDIA: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (MILLION UNITS) 166
TABLE 186 INDIA: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (MILLION UNITS) 167
TABLE 187 INDIA: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (USD BILLION) 167
TABLE 188 INDIA: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (USD BILLION) 167
12.2.5 REST OF ASIA PACIFIC 168
TABLE 189 REST OF ASIA PACIFIC: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (MILLION UNITS) 168
TABLE 190 REST OF ASIA PACIFIC: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (MILLION UNITS) 168
TABLE 191 REST OF ASIA PACIFIC: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (USD BILLION) 169
TABLE 192 REST OF ASIA PACIFIC: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (USD BILLION) 169
12.3 EUROPE 169
12.3.1 RECESSION IMPACT 169
FIGURE 38 EUROPE: MICROMOTOR MARKET, BY COUNTRY, 2023 VS. 2028 (USD BILLION) 170
TABLE 193 EUROPE: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (MILLION UNITS) 171
TABLE 194 EUROPE: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (MILLION UNITS) 171
TABLE 195 EUROPE: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (USD BILLION) 171
TABLE 196 EUROPE: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (USD BILLION) 172
12.3.2 GERMANY 172
12.3.2.1 New technological developments in various industries to create demand for micromotors 172
TABLE 197 GERMANY: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (MILLION UNITS) 173
TABLE 198 GERMANY: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (MILLION UNITS) 173
TABLE 199 GERMANY: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (USD BILLION) 173
TABLE 200 GERMANY: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (USD BILLION) 174
12.3.3 FRANCE 174
12.3.3.1 Adoption of advanced technologies in various industrial processes to drive market 174
TABLE 201 FRANCE: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (MILLION UNITS) 174
TABLE 202 FRANCE: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (MILLION UNITS) 175
TABLE 203 FRANCE: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (USD BILLION) 175
TABLE 204 FRANCE: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (USD BILLION) 175
12.3.4 UK 176
12.3.4.1 Medical equipment advancements to drive demand 176
TABLE 205 UK: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (MILLION UNITS) 176
TABLE 206 UK: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (MILLION UNITS) 176
TABLE 207 UK: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (USD BILLION) 177
TABLE 208 UK: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (USD BILLION) 177
12.3.5 REST OF EUROPE 177
TABLE 209 REST OF EUROPE: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (MILLION UNITS) 178
TABLE 210 REST OF EUROPE: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (MILLION UNITS) 178
TABLE 211 REST OF EUROPE: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (USD BILLION) 178
TABLE 212 REST OF EUROPE: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (USD BILLION) 179
12.4 NORTH AMERICA 179
12.4.1 RECESSION IMPACT 179
FIGURE 39 NORTH AMERICA: MICROMOTOR MARKET SNAPSHOT 180
TABLE 213 NORTH AMERICA: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (MILLION UNITS) 180
TABLE 214 NORTH AMERICA: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (MILLION UNITS) 181
TABLE 215 NORTH AMERICA: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (USD BILLION) 181
TABLE 216 NORTH AMERICA: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (USD BILLION) 181
12.4.2 US 182
12.4.2.1 Growing demand for advanced technology to drive market 182
TABLE 217 US: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (MILLION UNITS) 182
TABLE 218 US: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (MILLION UNITS) 182
TABLE 219 US: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (USD BILLION) 183
TABLE 220 US: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (USD BILLION) 183
12.4.3 CANADA 183
12.4.3.1 Healthcare and manufacturing sectors to drive demand 183
TABLE 221 CANADA: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (MILLION UNITS) 184
TABLE 222 CANADA: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (MILLION UNITS) 184
TABLE 223 CANADA: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (USD BILLION) 184
TABLE 224 CANADA: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (USD BILLION) 185
12.4.4 MEXICO 185
12.4.4.1 Rising demand for industrial automation to drive market 185
TABLE 225 MEXICO: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (MILLION UNITS) 185
TABLE 226 MEXICO: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (MILLION UNITS) 186
TABLE 227 MEXICO: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (USD BILLION) 186
TABLE 228 MEXICO: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (USD BILLION) 186
12.5 REST OF THE WORLD 187
12.5.1 RECESSION IMPACT 187
FIGURE 40 REST OF THE WORLD: MICROMOTOR MARKET, BY COUNTRY, 2023 VS. 2028 (USD BILLION) 188
TABLE 229 REST OF THE WORLD: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (MILLION UNITS) 188
TABLE 230 REST OF THE WORLD: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (MILLION UNITS) 189
TABLE 231 REST OF THE WORLD: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (USD BILLION) 189
TABLE 232 REST OF THE WORLD: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (USD BILLION) 190
12.5.2 BRAZIL 190
12.5.2.1 Expansion of automotive and medical sectors to drive demand 190
TABLE 233 BRAZIL: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (MILLION UNITS) 190
TABLE 234 BRAZIL: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (MILLION UNITS) 191
TABLE 235 BRAZIL: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (USD BILLION) 191
TABLE 236 BRAZIL: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (USD BILLION) 191
12.5.3 RUSSIA 192
12.5.3.1 Rising aerospace industry to influence market growth 192
TABLE 237 RUSSIA: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (MILLION UNITS) 192
TABLE 238 RUSSIA: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (MILLION UNITS) 192
TABLE 239 RUSSIA: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (USD BILLION) 193
TABLE 240 RUSSIA: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (USD BILLION) 193
12.5.4 OTHERS 193
TABLE 241 OTHERS: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (MILLION UNITS) 194
TABLE 242 OTHERS: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (MILLION UNITS) 194
TABLE 243 OTHERS: MICROMOTOR MARKET, BY APPLICATION, 2018–2022 (USD BILLION) 194
TABLE 244 OTHERS: MICROMOTOR MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 195
13 MICROMOTOR AFTERMARKET OVERVIEW 196
13.1 AFTERMARKET VALUE CHAIN ANALYSIS 196
FIGURE 41 AFTERMARKET VALUE CHAIN ANALYSIS 196
13.2 PRIVATE LABELING 197
13.3 COUNTERFEIT PRODUCTS 197
13.4 E-TAILING 197
13.5 OEMS MEETING NEW REGULATORY DEMANDS TO AFFECT AFTERMARKET DRAMATICALLY 198
13.6 INCREASE IN PARTICIPATION OF OEMS IN AFTERMARKET 198
14 RECOMMENDATION 199
14.1 ASIA PACIFIC TO BE MAJOR MARKET FOR MICROMOTORS 199
14.2 INCREASED APPLICATION IN AUTOMOTIVE TO CREATE DEMAND FOR MICROMOTORS 199
14.3 CONCLUSION 200
15 COMPETITIVE LANDSCAPE 201
15.1 OVERVIEW 201
15.2 MICROMOTOR MARKET RANKING, 2022 201
FIGURE 42 MICROMOTOR MARKET SHARE ANALYSIS, 2022 201
15.3 REVENUE ANALYSIS OF TOP FIVE PLAYERS 203
FIGURE 43 MICROMOTOR MARKET, REVENUE ANALYSIS 203
15.4 COMPANY EVALUATION QUADRANT 203
15.4.1 TERMINOLOGY 203
15.4.2 STARS 204
15.4.3 PERVASIVE PLAYERS 204
15.4.4 EMERGING LEADERS 204
15.4.5 PARTICIPANTS 204
FIGURE 44 MICROMOTOR MARKET COMPETITIVE LEADERSHIP MAPPING, 2022 205
15.5 COMPETITIVE BENCHMARKING 206
TABLE 245 MICROMOTOR MARKET: KEY SMES 206
TABLE 246 MICROMOTOR MARKET: COMPETITIVE BENCHMARKING OF KEY PLAYERS [SMES] 207
15.6 COMPETITIVE SCENARIO 208
15.6.1 PRODUCT LAUNCHES 208
TABLE 247 PRODUCT LAUNCHES, 2019−2023 208
15.6.2 DEALS 210
TABLE 248 DEALS, 2019−2023 210
15.6.3 OTHERS 211
TABLE 249 OTHERS, 2021−2022 211
16 COMPANY PROFILES 212
16.1 KEY PLAYERS 212
(Business Overview, Products Offered, Recent Developments, and MnM View)*
16.1.1 MITSUBA CORPORATION 212
TABLE 250 MITSUBA CORPORATION: BUSINESS OVERVIEW 212
FIGURE 45 MITSUBA CORPORATION: COMPANY SNAPSHOT 213
TABLE 251 MITSUBA CORPORATION: PRODUCTS OFFERED 213
TABLE 252 MITSUBA CORPORATION: DEALS 214
16.1.2 NIDEC CORPORATION 215
TABLE 253 NIDEC CORPORATION: BUSINESS OVERVIEW 215
FIGURE 46 NIDEC CORPORATION: COMPANY SNAPSHOT 216
TABLE 254 NIDEC CORPORATION: PRODUCTS OFFERED 216
TABLE 255 NIDEC CORPORATION: PRODUCT LAUNCHES 217
TABLE 256 NIDEC CORPORATION: DEALS 217
16.1.3 JOHNSON ELECTRIC HOLDINGS LIMITED 219
TABLE 257 JOHNSON ELECTRIC HOLDINGS LIMITED: BUSINESS OVERVIEW 219
FIGURE 47 JOHNSON ELECTRIC HOLDINGS LIMITED: COMPANY SNAPSHOT 220
TABLE 258 JOHNSON ELECTRIC HOLDINGS LIMITED: PRODUCTS OFFERED 220
TABLE 259 JOHNSON ELECTRIC HOLDINGS LIMITED: PRODUCT LAUNCHES 221
TABLE 260 JOHNSON ELECTRIC HOLDINGS LIMITED: DEALS 222
16.1.4 MABUCHI MOTOR CO., LTD. 223
TABLE 261 MABUCHI MOTOR CO., LTD.: BUSINESS OVERVIEW 223
FIGURE 48 MABUCHI MOTOR CO., LTD.: COMPANY SNAPSHOT 224
TABLE 262 MABUCHI MOTOR CO., LTD.: PRODUCTS OFFERED 224
TABLE 263 MABUCHI MOTOR CO., LTD.: PRODUCT LAUNCHES 225
TABLE 264 MABUCHI MOTORS CO., LTD.: DEALS 226
16.1.5 ABB LTD. 227
TABLE 265 ABB LTD.: BUSINESS OVERVIEW 227
FIGURE 49 ABB LTD.: COMPANY SNAPSHOT 228
TABLE 266 ABB LTD.: PRODUCTS OFFERED 228
16.1.6 CONSTAR MICROMOTOR CO., LTD. 230
TABLE 267 CONSTAR MICROMOTOR CO., LTD.: BUSINESS OVERVIEW 230
TABLE 268 CONSTAR MICROMOTOR CO., LTD.: PRODUCTS OFFERED 230
TABLE 269 CONSTAR MICROMOTOR CO., LTD.: PRODUCT LAUNCHES 230
16.1.7 MAXON 231
TABLE 270 MAXON: BUSINESS OVERVIEW 231
TABLE 271 MAXON: PRODUCTS OFFERED 231
TABLE 272 MAXON: PRODUCT LAUNCHES 232
TABLE 273 MAXON: DEALS 232
TABLE 274 MAXON: OTHERS 232
16.1.8 BÜHLER MOTOR GMBH 233
TABLE 275 BÜHLER MOTOR GMBH: BUSINESS OVERVIEW 233
TABLE 276 BÜHLER MOTOR GMBH: PRODUCTS OFFERED 233
TABLE 277 BÜHLER MOTOR GMBH: DEALS 234
16.1.9 ROBERT BOSCH GMBH 235
TABLE 278 ROBERT BOSCH GMBH: BUSINESS OVERVIEW 235
FIGURE 50 ROBERT BOSCH GMBH: COMPANY SNAPSHOT 236
TABLE 279 ROBERT BOSCH GMBH: PRODUCTS OFFERED 236
TABLE 280 ROBERT BOSCH GMBH: OTHERS 237
16.1.10 DENSO CORPORATION 238
TABLE 281 DENSO CORPORATION: BUSINESS OVERVIEW 238
FIGURE 51 DENSO CORPORATION: COMPANY SNAPSHOT 238
TABLE 282 DENSO CORPORATION: PRODUCTS OFFERED 239
TABLE 283 DENSO CORPORATION: PRODUCT LAUNCHES 239
* Business Overview, Products Offered, Recent Developments, and MnM View might not be captured in case of unlisted companies.
17 APPENDIX 240
17.1 KEY INSIGHTS FROM INDUSTRY EXPERTS 240
17.2 DISCUSSION GUIDE 241
17.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 245
17.4 CUSTOMIZATION OPTIONS 247
17.4.1 MICROMOTOR MARKET FOR AEROSPACE INDUSTRY BY APPLICATION 247
17.4.2 MICROMOTOR MARKET FOR OTHER APPLICATIONS 247
17.4.3 MICROMOTOR MARKET FOR MEDICAL EQUIPMENT SYSTEMS BY INDIVIDUAL APPLICATION SEGMENT 247
17.4.4 MICROMOTOR MARKET FOR CONSTRUCTION AND MINING EQUIPMENT BY APPLICATION 247
17.4.5 MICROMOTOR MARKET FOR OFFICE DEVICES 247
17.5 RELATED REPORTS 247
17.6 AUTHOR DETAILS 248
