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Stepper Motor Market Revenue, Share and Key Players - Schneider Electric, ABB, Applied Motion Products, Delta Electronics, SANYO DENKI CO., LTD. and National Instruments
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On the basis of end-use, the stepper motor market has been categorized into industrial machinery, medical equipment, packaging and labeling machinery, semiconductors, and others. Among these categories, industrial machinery contributed the largest share, of 37.2%, to the market in 2017.
Advancements in integrated motion control systems, such as reduced cable volume, owing to the use of a single cable for motor control interference, and improved accuracy of hybrid stepper motors for closed-loop motion control applications, have also contributed to the growth of the stepper motor market in the last three-to-four years.
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Some of the major companies operating in the global stepper motor market are Nippon Pulse Motor Co. Ltd., Schneider Electric SE, ABB Ltd., Applied Motion Products Inc., Delta Electronics Inc., SANYO DENKI Co. Ltd., National Instruments Corporation, Nidec Motor Corporation, and Oriental Motor Co. Ltd.
Stepper Motor Market Segmentation
By Type
• Rotary Stepper Motors
• Fully Enclosed Stepper Motors
• Integrated Lead Screw Stepper Motors
By End-Use
• Industrial Machinery
• Medical Equipment
• Packaging and Labeling Machinery
• Semiconductors
• Others (Telecommunications, Textiles, 3D Printing and Robotics)
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