Press release
Micro Motor Market 2021 : Size, Share, Growth, Industry Analysis, Trends and Forecast To 2030
global micro motor market size was valued at $36.48 billion in 2020, and is expected to reach $56.0 billion by 2030, with a CAGR of 4.1% from 2021 to 2030. In 2020, Asia-Pacific dominated the global micro motor market, in terms of revenue, accounting for around 41.40% share of the global market.Micro motor is compact in size, possesses high torque, requires less maintenance, is low noise level, and provides better torque to weight ratio. This motor is used in various applications such as automotive, beauty & healthcare products, and robotics. Such instances drive the growth of the micro motor market.
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Leading Players:
Mabuchi Motor Co Ltd, Nidec Corporation, Buhler Motor GmbH, Johnson Electric Holdings Limited, Maxon Motor AG, Arc Systems Inc, ABB Group, Mitsuba Corporation, Constar Micromotor Co Ltd, and Siemens AG
Global Micro Motor Market Segments
By Type :
AC
DC
By Technology :
Brushed Motor
Brushless Motor
By Power Consumption :
Below 9V
10V-20V
21V-50V
More than 50V
By Application
Industrial
Automotive & Aerospace
Healthcare
Full Report And TOC @ https://www.alliedmarketresearch.com/micro-motor-market-A12183
Key Findings Of The Study
The report provides an extensive analysis of the current and emerging global micro motor market trends and dynamics.
Depending on type, the AC segment was the largest revenue generator in 2020.
By technology, the brushed segment generated the highest revenue in 2020.
On the basis of power consumption, the more than 20V segment accounted for the highest revenue in 2020.
Based on application, the industrial segment dominated the market in 2020.
The global micro motor market forecast analysis from 2021 to 2030 is included in the report.
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About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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