Press release
Global Vibration Motors Industry Market Forecast to Expand Remarkably in Coming Years 2017-2026: Driven by Region - North America, Europe, Japan, APEJ, MEA, Product Type - Eccentric Rotating Mass, Brushed Coin, Brushless Coin, PCB Mounted, Application Typ
The scope of the report is to analyze the global vibration motors market for the period 2017-2026 and give readers an accurate, unbiased analysis. Vibration motors manufacturers, suppliers, and stakeholders in the overall automotive market can benefit from the insights offered in this report. The comprehensive analysis offered in the report can also be of interest to leading automotive journals and trade magazines.
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Vibration Motors are compact coreless DC motors utilized to inform users about any notifications associated with a component or an equipment by sending signals of vibrating, no sound. Main feature of vibration motors are their magnet coreless DC motors, rendering permanent magnetic properties to these motors. Various types of vibration motors are available in the market, which include encapsulated, linear resonant actuators, PCB mounted, brushless coin, brushed coin, and eccentric rotating mass.
Nature of the global market for vibration motors is highly concentrated and competitive, owing to presence of several regional and global vendors. The primary objective of players in the vibration motors market is to enhance their technological expertise, which in turn will enable them in broadening their product portfolio, and retain their competitiveness in the market. Active participants in the global vibration motors market are also concentrating on new product innovations and product line extensions, in a bid to gain a competitive edge.
According to a new report by FactMR, the global market for vibration motors will exhibit an impressive expansion at a double-digit CAGR during the forecast period, 2017 to 2026. Revenues from global sales of vibration motors are expected to reach nearly US$ 10,000 Mn by 2026-end.
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Although consumer electronics is expected to remain dominant among applications of vibration motors, sales will witness the fastest expansion for application in industrial handheld tools or equipment through 2026. Medical applications of vibration motors will account for the smallest revenue share of the market over the forecast period.
Based on motor type, sales of DC motors are projected to account for the largest revenues share of the market in 2017. Demand for DC motors will further witness an upsurge by 2026-end. Sales of AC motors are estimated to reflect a high double-digit CAGR through 2026.
Above 2 V voltage rating of vibration motors will remain sought-after in the market, with sales estimated to reach approximately US$ 4,500 Mn in revenues by 2026-end. Between less than 1.5 V and 1.5 V – 2 V voltage ratings of vibration motors, the former will exhibit a comparatively faster expansion in sales, whereas the latter will account for a larger revenue share of the market during 2017 to 2026.
Competition Tracking
Fact.MR’s report has identified key participants contributing to expansion of the global vibration motors market, which include Nidec Corporation, Fimec Motor, Denso, Yaskawa, Mabuchi, Shanbo Motor, Mitsuba, Asmo, LG Innotek, and Sinano.
Table of Contents
Global Vibration Motors Market - Executive Summary
Global Vibration Motors Market Overview
2.1. Introduction
2.1.1. Global Vibration Motors Market Taxonomy
2.1.2. Global Vibration Motors Market Definition
2.2. Global Vibration Motors Market Size (US$ Mn) and Forecast, 2012-2026
2.2.1. Global Vibration Motors Market Y-o-Y Growth
2.3. Global Vibration Motors Market Dynamics
2.4. Value Chain
2.5. Competitive Landscape
2.6 Pricing Analysis
2.7 PESTLE Analysis
2.8 Vibration Motors Market Positioning Assessment (Region Wise)
2.9. Supply Chain
2.10. List of Vibration motor providers
2.11. Key Participants Market Presence (Intensity Map) By Region
Global Vibration Motors Market Analysis and Forecast, 2012-2026
3.1. Global Vibration Motors Market Size and Forecast By Product Type, 2012-2026
3.1.1. Eccentric Rotating Mass Market Size and Forecast, 2012-2026
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
Continued………….
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About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Sports market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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