Global Micro Motor Market Growth 2023-2029

Global Micro Motor Market Growth 2023-2029

Micro special motor, micro special motor in full name, micro motor for short, refers to the micro special motor with diameter less than 160mm or rated power or with special performance, special purpose.
LPI (LP Information)' newest research report, the “Micro Motor Industry Forecast” looks at past sales and reviews total world Micro Motor sales in 2022, providing a comprehensive analysis by region and market sector of projected Micro Motor sales for 2023 through 2029. With Micro Motor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Micro Motor industry.
This Insight Report provides a comprehensive analysis of the global Micro Motor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Micro Motor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Micro Motor market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Micro Motor and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Micro Motor.
The global Micro Motor market size is projected to grow from US$ 34690 million in 2022 to US$ 42090 million in 2029; it is expected to grow at a CAGR of 42090 from 2023 to 2029.
At present, micro &special motor industry production power mainly Japan, Germany, the United States, Britain, Switzerland, Sweden and other countries.
At the regional level, the Chinese market in 2019, the market size accounted for about 72% of the global total. It is expected to account for 73% of the global total in 2026.
From the perspective of product type and technology, driving micromotors account for more than 80% of the market, followed by vibrating micromotors, which account for approximately 10% of the market share.
Currently, major global manufacturers include NIDEC, Johnson Electric, Asmo, Minebea Mitsumi, Mabuchi Motors, and LTD., with a share of over 42% in 2019.
This report presents a comprehensive overview, market shares, and growth opportunities of Micro Motor market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Driving Micro Motor
Controlling Micro Motor
Vibrating Micro Motor
Segmentation by application
IT/Office
Audiovisual Equipment
Automobile
Household Appliances
Medical Equipment
Automated Industry
3D Printing
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Nidec
Asmo (Denso)
Johnson Electric
Minebea Mitsumi
Mabuchi Motors
Mitsuba
WELLING
BROAD-OCEAN
ZHUHAI KAIBANG MOTOR MANUFACTURE
Panasonic
Wolong
Maxon Motor
Shinano Kenshi
MOONS'
Ebm-Papst
Jinlong Machinery & Electronics
Portescap
Keli motor
Allied Motion
HyUnion

Key Questions Addressed in this Report
What is the 10-year outlook for the global Micro Motor market?
What factors are driving Micro Motor market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Micro Motor market opportunities vary by end market size?
How does Micro Motor break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.