New Study on Global Small Motors Market Covers Drivers and Growth Trends during 2018 to 2026 | Top Growing Industries- AGFA Healthcare, Aquilab, Carestream Health, Esaote S.P.A, General Electric Company, Image Analysis, INFINITT Healthcare Co, Koninklijke

Fact.MR has published a new research report titled “Small Motors Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2017 to 2026” to its online database that tries to unveil the various scenarios prevailing in the Small Motors Market. This assessment delivers a smart compilation of primary and secondary data which provides a clear insight about the future plans expected to impact the Small Motors Market. This study comprises of prominent data which makes it a beneficial source for investors, analysts and industry experts to acquire necessary knowledge associated to the fundamental market trends, opportunities and growth drivers during the stated forecast period. 

Engineers who are concerned with the design of various devices in all the industries are facing the ever increasing challenge of making the products with maximum efficiency while reducing the size of such devices to the minimum. Typically, design engineers are looking for deriving more power from a smaller device, which has a greater efficiency and also possesses a longer life. This is done in order to reduce the consumption of power and encourage simple usability in the case of handheld devices. This is where the use of small motors comes into the picture. In the present times, small motors find a variety of applications such as in surgical power tools, in medical devices, infusion systems, industrial power tools, clinical diagnostics, aerospace, and in the field of automation and robotics.

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Changes, primarily fuelled by performance demands from discerning customers, are afoot in the small motors market. Small motors are used in a number of industries including consumer electronics and applications, aerospace, healthcare, and the automotive industry. The small motors market is anticipated to be worth just under US$ 10 billion by 2026.

Vibration Motors Key in Small Motors Market

The vibration motors segment is vital and accounts for a large portion of the small motors market. The vibration motors segment comprises a third of the revenue share in the small motors market and should gain substantial BPS over the course of the forecast period. The vibration motors segment is expected to cross a value of US$ 3.4 billion in 2026. The vibration motors segment is followed by the DC brush motors (cored) segment in the small motors market. North America contributes roughly a third of the share in the DC brush motors (cored) market and companies are advised to focus their attention on this continent.

Minimal Opportunity in HB Stepper Motors and DC brush motors (coreless) Markets

The DC Brush Motors (coreless) segment of the small motors market is considerably smaller than all others and may not even exceed a value of US$ 50 million by the end of the eight-year study. Companies will have to devise customized strategies to attain a modicum of success in this niche segment of the small motors market. The HB Stepper motors segment is comparatively larger in comparison but is nonetheless predicted to record a sluggish CAGR of 2.7% for the forecast period. Along with North America, companies would do well to target either the Europe or APEJ HB stepper motor market as both have a similar market opportunity in the long run.

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Forecast Highlights on Global Small Motors Market

As per the forecast of Fact.MR, the DC brush motors (cored) segment is slated to touch a value of nearly US$ 2,560 Mn in the year 2022. This represents a negative CAGR growth during the assessment period of 2017-2026. The DC brush motors (cored) segment is estimated to account for nearly one-third of the revenue share of the product type segment by the year 2017 end and is expected to lose in market share by the year 2026 end.
As per the forecast of Fact.MR, AC small motors segment will reach a value of nearly US$ 2,920 Mn in the year 2026. This represents a sluggish CAGR growth during the forecast period. The AC small motors segment is estimated to account for more than one-fourth of the revenue share of the supply source segment in the year 2017 end and is expected to gain market share by the end of the year 2026. 
As per the forecast of Fact.MR, the consumer electronics segment is slated to reach a value of nearly US$ 2,520 Mn in 2026. The consumer electronics segment is expected to lose some market value by the end of the year 2026. The largest share is contributed by the North America region in the consumer electronics segment.  
MR forecasts that the consumer appliances segment will exhibit a CAGR of 1.1% from 2017 to 2026. Consumer appliances segment is estimated to account for nearly one-fourth of the revenue share of the application segment by 2017 end and is expected to lose some market share by the end of the year 2026. 
The report has also profiled leading players in the global market for small motors, which will remain active through 2026. These include companies such as Mim Software, Inc., Xinapse Systems Ltd, AGFA Healthcare, INFINITT Healthcare Co, Ltd., Aquilab, Toshiba Medical Systems Corporation, Carestream Health, Inc., Siemens Healthineers, Merge Healthcare Incorporated, Esaote S.P.A, Sciencesoft USA Corporation, General Electric Company (GE), Mirada Medical Limited, Image Analysis and Koninklijke Philips N.V.

Consumer Appliances and Consumer Electronics Hold the Key in Small Motors Market

The consumer appliances and consumer electronics segment consist of more than half the share in the global small motors market in 2017. However, both segments are on track to lose BPS over the long term. The absolute dollar opportunity is greater in the consumer appliances segment as it is likely to be in the range of US$ 225 million. Miniaturization is a notable trend that has had an outsized impact on all industries, particularly consumer appliances and consumer electronics. North America on account of its affluent population, high disposable income, and robust communications infrastructure should hold maximum share in both segments of the small motors market.

Aerospace and Healthcare Segment Exhibit Strong Growth in Small Motors Market

The aerospace and healthcare segments have great potential in the small motors market with a massive gain in BPS projected in the former. The aerospace segment is estimated to cross a value of one billion dollars by the end of the forecast period.

Competition Dashboard in the Small Motors Market

A few of the companies actively involved in the small motors market have been profiled in the report. The companies include AGFA Healthcare, Aquilab, Carestream Health, Esaote S.P.A, General Electric Company, Image Analysis, INFINITT Healthcare Co, Koninklijke Philips N.V., Merge Healthcare Incorporated, Mim Software, Mirada Medical Limited, Sciencesoft USA Corporation, Siemens Healthineers, Toshiba Medical Systems Corporation, and Xinapse Systems Ltd.

Table of Content:

Global Small Motors Market - Executive Summary
Global Small Motors Market Overview
2.1. Introduction
     2.1.1. Global Small Motors Market Taxonomy
     2.1.2. Global Small Motors Market Definition
2.2. Global Small Motors Market Size (US$ Mn) and Forecast, 2012-2026
       2.2.1. Global Small Motors Market Y-o-Y Growth
2.3. Global Small Motors Market Dynamics
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis 
2.7. PESTLE Analysis 
2.8. Product Life Cycle Analysis 
2.9. Key Solutions
2.10. List of Suppliers
2.11. Key Participants Market Presence (Intensity Map) By Region
Global Small Motors Market Analysis and Forecast, 2012-2026
3.1. Global Small Motors Market Size and Forecast By Product Type, 2012-2026
     3.1.1. DC Brush Motors (cored) 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
       3.1.2. DC Brush Motors (coreless) Market Size and Forecast, 2012-2026
                3.1.2.1. Revenue (US$ Mn) Comparison, By Region
                3.1.2.2. Market Share Comparison, By Region
                3.1.2.3. Y-o-Y growth Comparison, By Region
       3.1.3. Vibration Motors Market Size and Forecast, 2012-2026
                3.1.3.1. Revenue (US$ Mn) Comparison, By Region
                3.1.3.2. Market Share Comparison, By Region
                3.1.3.3. Y-o-Y growth Comparison, By Region
       3.1.4. Brushless DC Motors Market Size and Forecast, 2012-2026
                3.1.4.1. Revenue (US$ Mn) Comparison, By Region
                3.1.4.2. Market Share Comparison, By Region
                3.1.4.3. Y-o-Y growth Comparison, By Region
Continued……………..

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