Press release
Direct Drive Motors Market to Reach USD 4145 Million by 2031 | Growth Driven by Robotics and Precision Engineering
Direct Drive Motors Market SizeThe global market for Direct Drive Motors was valued at US$ 2622 million in the year 2024 and is projected to reach a revised size of US$ 4145 million by 2031, growing at a CAGR of 6.9% during the forecast period.
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Direct drive motors offer several advantages over conventional motors, including higher accuracy, faster response times, improved efficiency, and reduced maintenance requirements. These benefits are achieved by eliminating the mechanical components that can introduce inaccuracies, delays, and losses.
Direct drive motors are commonly used in high-precision applications such as machine tools, robotics, semiconductor manufacturing, and aerospace. They can be designed to provide different levels of torque, speed, and force, depending on the application requirements.
The statistical scope of the report is Direct Drive Motor which used in Industrial production line equipment, medical equipment and elevators.
Global key players of Direct Drive Motors include Yaskawa, Bosch Rexroth AG, Parker and CKD, etc. The top four players hold a share about 20%. Asia-Pacific is the largest market, has a share about 40%. In terms of product type, Direct Drive Rotary Motors is the largest segment, occupied for a share of about 60%, and in terms of application, Robots has a share about 22 percent.
By Type
• Direct Drive Rotary Motors
• Direct Drive Linear Motors
By Application
• Robots
• Machine Tools
• Semiconductor Manufacturing Equipment
• Electronic Manufacturing Equipment
• Medical Devices
• Printing and Packaging Equipment
Key Companies
Yaskawa, Bosch Rexroth AG, Parker, CKD, NSK, Mitsubishi Electric Corporation, Rockwell Automation Inc, Kollmorgen, Schaeffler Technologies, ETEL SA, Hiwin, Nidec, Celera Motion (Novanta), Moog Inc, Siemens, Shenzhen Han's Motor S&T Co, Akribis, Motor Power Company, Yokokawa Robotics (Shenzhen) Co, Solpower, NTI AG, Shenzhen Dynamikwell, LS Mecapion, Linear Motor Company, DG Smartwin, Magnetic Innovations, Microtech Laboratory Inc (MTL)
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