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AC Small Motors Market to Reach a Value of US$ 2,920 Mn in the Year 2026

07-16-2021 11:31 PM CET | Tourism, Cars, Traffic

Press release from: Fact.MR

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.

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As per the forecast of Fact.MR, the global small motors market is slated to touch a value of nearly US$ 9,766 Mn in the year 2026 and exhibit a sluggish CAGR during the period of assessment.

4 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.

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• 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.
• Fact.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.

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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.

Chapter 1: Executive Summary
The study begins with a comprehensive assessment of the global small motors market. In this section, the key macroeconomic trends influencing the automotive manufacturing and sales have been discussed.

Read More Trending and Similar Reports from Fact.MR – https://www.globenewswire.com/en/news-release/2019/07/29/1892956/0/en/Increasing-Manufacturer-Focus-towards-Innovative-Performance-Spurring-Sales-of-Excavators-reports-Fact-MR-study.html

Chapter 2: Global Small Motors Market – Overview
This section of the report offers invaluable information about the global small motors market. Important aspects pertaining to the recent development taken place in the small motors market report have been included in this study.

Chapter 3: Global Small Motors Market Assessment and Prediction, 2012 – 2016
A precise definition of the small motors market highlighting a comprehensive taxonomy has been included in this chapter. This section also weighs the dynamics impacting the global small motors market. A detailed segmentation of the market depending on the product type, supply source type, application, and region is included in this report.

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