Small Motors Market Analysis- Size, Share, Growth, Industry Demand, Forecast, Application Analysis To 2026

Modern-day small motors are more or less largely based on a century-old technology. The defense put up by the industry is that customers themselves were resistant to change. However, the rate of change observed in the small motors market is accelerating in the 21st century. Changing customer demands have compelled companies to adapt. Small motors find widespread application in the consumer electronics, consumer application, aerospace, healthcare, and automotive industries. Small motors are either powered by AC or DC. The report, compiled by Fact.MR, provides in-depth analysis of the global small motors market for the forecast period 2017-2026, and offers key insights about future market direction.

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The next section offers an overview of the small motors market. This comprises an introduction to the market, along with a standard definition of the product – small motors. In this section, market value and year-over-year growth is offered to the readers. Year-over-year growth provides readers with a broader view of growth patterns over the forecast period.

The report’s succeeding section focuses on drivers, restraints and key trends from macroeconomic, demand, and supply perspectives. Impact analysis of weighted average model-based growth drivers is contained in the report for better provision of decision-making insights to clients.

In order to offer readers up-to-date information about the latest advancements in the global small motors market, the report provides updates about market opportunities, which can benefit leading manufacturers of small motors. With continuous evolution of the industry, keeping a record of latest developments and trends is fundamental for small motors manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, pricing analysis, list of distributors, and cost structure are provided in this section.

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4 Forecast Highlights on Global Small Motors Market

1. 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.

2. 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.

3. 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.

4. 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.

Competition Dashboard in the Small Motors Market

A few of the companies actively involved in the small motors market have been profiled in the report. The companies include AGFA Healthcare, Aquilab, Carestream Health, Esaote S.P.A, General Electric Company, Image Analysis, INFINITT Healthcare Co, Koninklijke Philips N.V., Merge Healthcare Incorporated, Mim Software, Mirada Medical Limited, Sciencesoft USA Corporation, Siemens Healthineers, Toshiba Medical Systems Corporation, and Xinapse Systems Ltd.

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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized automotive 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.

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This release was published on openPR.