openPR Logo
Press release

Micro Motor Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022

09-14-2017 03:11 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Micro Motor Market Forecast, Trend Analysis & Competition

Fact.MR’s recently published report estimates the global micro motor market to register a moderate expansion at a little over 4% CAGR during the forecast period 2017 to 2022. Sales of micro motors will account for over US$ 30,000 Mn revenues in 2017; by 2022 this number is expected to incur average increment.

The adoption of brushless DC motors in electric vehicles has witnessed a robust expansion over the past few years. Micro motor manufacturers have been focusing on the development of portable charging tools related to electric vehicles, owing to the concerns associated with future environmental protection. In addition, numerous technological innovations in piezoelectric motors providing high precision have been introduced in the market. For instance, the M3 smart module platform – “SQUIGGLE motor”, developed by New Scale Technologies, has become the revolutionary piezoelectric small-sized micro motor, which delivers high performance. These incidences are expected to propel growth of the market during the forecast period.

Request For Report Sample: www.factmr.com/connectus/sample?flag=S&rep_id=95

Continuous advancements in electronic technology have prompted the micro motor industry to witness mutual merger & acquisition, and adjustment processes with players from drive manufacturing industry. Introduction of drive-to micro motors’ modern design has boosted demand for manufacturing & production processes, and materials required for micro motors, which in turn will fuel growth of the global market for micro motors. In addition, growing number of car sales driven the application of electrical equipment. In vehicles, automatic & quantitative fuel injection system have replaced traditional carburetors, and small motors have replaced the ABS systems. These factors will further augment growth of the market.

Check Discount @ https://www.factmr.com/connectus/sample?flag=D&rep_id=95

12 Key Prospects from Fact.MR’s Report on the Global Micro Motor Market

Brushless micro motors are expected to experience the largest adoption, based on technology, in the global market for micro motor. Brushless micro motor sales are expected to surpass revenues worth US$ 20,000 Mn by 2022-end.

Brushed motor sales will continue to register a sluggish expansion over the forecast period.

Based on application, automotive segment is expected to remain dominant in the global market for micro motor. Revenues from sales of micro motors in automotive applications are expected to hold over 1/4th market share during the forecast period.

Industry automation will continue to be the second largest application of micro motors.

Demand for micro motors will remain sluggish in aircraft applications throughout the forecast period.

12V-48V micro motors will remain dominant in the market based on power consumption, with sales estimated to exhibit the fastest expansion through 2022.

Sales of above 48V micro motors are expected to account for lower revenues as compared to less than 12V micro motors.

DC micro motors are anticipated to remain preferred among products in the market, with sales estimated to exhibit a moderate expansion during the forecast period.

AC micro motor sales are expected to register a sluggish expansion through 2022.

In 2017, Asia Pacific excluding Japan (APEJ) will remain dominant in the global market for micro motor market in terms of revenues, and this trend will prevail throughout the forecast period.

Europe is poised to remain the second most lucrative market for micro motor.

Although, revenues from micro motor market in Middle East & Africa (MEA) will remain lower, sales are estimated to register an above-average expansion over the forecast period.

Browse Full Report: www.factmr.com/report/95/micro-motor-market

About Us

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us

Fact.MR

Office: Dublin 2

Suite 9884

27 Upper Pembroke Street,

Dublin 2, Ireland

Tel: +353-1-6111-593

( Dublin 2 )

Email: sales@factmr.com

Web: www.factmr.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Micro Motor Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022 here

News-ID: 717858 • Views: 125

More Releases from Fact.MR

Four Stroke Marine Outboard Engines is Set to Gain Traction in Developing Countr …
The maritime industry is going through a range of changes with the growing demand for activities including shipping and fishing, which is likely to result in the emergence of diversification in related businesses. Frequent innovations in technology are also aiding in the expansion of the marine outboard engines industry. The global marine outboard engines market is set to grow by 1.3 times during the forecast period till 2029 and is expected
Passenger Car Segment to Display Higher Predilection for High Voltage Electric H …
Fact.MR, in its latest business intelligence study, depicts the nuts and bolts of the global high voltage electric heaters market. The high voltage electric heaters report presents detailed information regarding the drivers, restraints, opportunities and trends affecting market growth. Each segment along with its sub-segment is analyzed in terms of value and volume. Further, the high voltage electric heaters report elaborates the market behavior of each vendor operating in the
12-11-2019 | Health & Medicine
Fact.MR
Growing Penchant for Office-Based Hysteroscope Likely to Prove Prospective for F …
With a multi-disciplinary approach, Fact.MR elaborates an extensive analysis of the historical, current and future outlook of the global hysteroscopy systems market as well as the factors responsible for such a growth. Our highly dedicated professionals have inputted critical and accurate insights associated with every industry, and region by doing thorough primary and secondary research. We leverage space-age industrial and digitalization tools to provide avant-garde actionable insights to our clients regarding
12-10-2019 | Health & Medicine
Fact.MR
Neurological Applications of Apheresis Procedures Pledge Better Prospects for Ma …
The global apheresis market study presents an all in all compilation of the historical, current and future outlook of the market as well as the factors responsible for such a growth. With SWOT analysis, the business study highlights the strengths, weaknesses, opportunities and threats of each apheresis market player in a comprehensive way. Further, the global apheresis market report emphasizes the adoption pattern of the apheresis across various industries. The keyword

All 5 Releases


More Releases for Micro

Global Micro Scales Market Research
Global Micro Scales Market Research Micro Scales advertise is foreseen to develop at a CAGR of XX% by 2023, as per another Global Micro Scales Market Research report distributed by Research Vector Inc. The report fragments the market and gauges its size, by volume and esteem, based on application, side-effects, and by geology (North America, Europe, Asia-Pacific, MEA and South America). The Global Market for Micro Scales to 2023 offers
Global Micro Welding Equipment Market 2018 | Pro-Fusion, OR Laser, Micro Product …
This report studies the global Micro Welding Equipment market status and forecast, categorizes the global Micro Welding Equipment market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa). . . – Get Sample Report_https://www.researchmoz.us/enquiry.php?type=S&repid=1844824 ' ' The global Micro Welding Equipment market is valued
Digital Assurance Market Analysis 2018 And Global Top Vendors Profile Micro Focu …
The Global Digital Assurance Market accounted for USD 2.81 billion in 2017 and is projected to grow at a CAGR of 14.1% the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025. Global Digital Assurance Market By Testing Mode (Manual testing and Test automation), By Testing Type (Application Programming Interface
Micro Inverter Market
Global Micro Inverter Market would reach $2.7 billion by 2022. In 2014, North America dominated the market and contributed about 45% share of the overall market revenue, followed by Europe, according to a new report published by Allied Market Research.The presence of key market players in the U.S. and rising micro inverter installation activities, primarily in residential sector, have fueled the market growth. Swift rise in demand for greater efficiency of
2017 - 2020: Small Animal Imaging Global Market (Micro-CT, Micro-MRI, Micro-PET/ …
ResearchMoz presents this most up-to-date research on "2017 - 2020: Small Animal Imaging Global Market (Micro-CT, Micro-MRI, Micro-PET/SPECT, Multimodal, Micro-Ultrasound and Micro-PAT)". Small animal imaging technology has marked itself as the most useful tool in preclinical research globally. The technology has proved to be of great importance in developmental biology studies and drug development research programs. Being non-invasive, longitudinal studies are possible with accurate and detailed analysis. The global small animal
What is Scalp Micro Pigmentation?
Micro Scalp Pigmentation also know as Scalp Micro Pigmentation which is offered by Phuket Hair Clinic in Thailand. This procedure is ideal for people wanting a long term hair loss solution and having a lovely holiday on the island of Phuket at the same time. Micro Scalp Pigmentation is a method of depositing pigment into the dermal layer of the skin on the scalp, which replicates hair follicles. When viewed from