Global Micro DC Motors Supply, Demand and Key Producers, 2023-2029
The global Micro DC Motors market size is expected to reach $ 18950 million by 2029, rising at a market growth of 6.6% CAGR during the forecast period (2023-2029).
Global key manufacturers of micro DC motors include Nidec, MinebeaMitsumi, Mabuchi Motor and so on. The top three manufacturers together hold about 35% of the market share. The global origins are mainly located in North America, Europe, China, Japan, India, and Southeast Asia, with China being the largest production region with a market share of over 70%. In terms of its product category, it is divided into brush DC motors and brushless DC motors, with the former holding a major market share of more than 60%. In terms of applications, information processors hold the largest market share with 27%; in addition, the appliance and the automotive industry are also its main application areas.
Micro motors are very small particles (measured in microns) that can move themselves. These micro motors actually propel themselves in a specific direction autonomously when placed in a chemical solution.
A DC motor is any of a class of rotary electrical machines that converts direct current electrical energy into mechanical energy.
This report studies the global Micro DC Motors production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Micro DC Motors, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Micro DC Motors that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Micro DC Motors total production and demand, 2018-2029, (M Unit)
Global Micro DC Motors total production value, 2018-2029, (USD Million)
Global Micro DC Motors production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (M Unit)
Global Micro DC Motors consumption by region & country, CAGR, 2018-2029 & (M Unit)
U.S. VS China: Micro DC Motors domestic production, consumption, key domestic manufacturers and share
Global Micro DC Motors production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (M Unit)
Global Micro DC Motors production by Type, production, value, CAGR, 2018-2029, (USD Million) & (M Unit)
Global Micro DC Motors production by Application production, value, CAGR, 2018-2029, (USD Million) & (M Unit)
This reports profiles key players in the global Micro DC Motors market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Nidec, MinebeaMitsumi, Mabuchi Motor, Asmo (Denso), Johnson Electric, IGARASHI, DY Corporation, Maxon Motor and Shenghuabo Group, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Micro DC Motors market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (M Unit) and average price (USD/K Unit) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.
Global Micro DC Motors Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Micro DC Motors Market, Segmentation by Type
Brushless DC Motors
Brush DC Motors
Global Micro DC Motors Market, Segmentation by Application
Information Processor
Automotive
Audio Equipment
Appliance
Other
Companies Profiled:
Nidec
MinebeaMitsumi
Mabuchi Motor
Asmo (Denso)
Johnson Electric
IGARASHI
DY Corporation
Maxon Motor
Shenghuabo Group
Constar
Chiaphua Components Limited
NICHIBO
Jinlong Machinery & Electronics
Portescap
Ningbo Jingcheng
Weizhen Motor
Standard Motor( Kin Yat)
Leshi
Shenzhen Power Motor
Changzhou Fulling Motor
Action Motor
Key Questions Answered
1. How big is the global Micro DC Motors market?
2. What is the demand of the global Micro DC Motors market?
3. What is the year over year growth of the global Micro DC Motors market?
4. What is the production and production value of the global Micro DC Motors market?
5. Who are the key producers in the global Micro DC Motors market?
6. What are the growth factors driving the market demand?