Global Micro Motor Market Research Report 2022

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.
Market Analysis and Insights: Global Micro Motor Market
Due to the COVID-19 pandemic, the global Micro Motor market size is estimated to be worth US$ 36500 million in 2022 and is forecast to a readjusted size of US$ 42830 million by 2028 with a CAGR of 2.7% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Driving Micro Motor accounting for % of the Micro Motor global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While IT/Office segment is altered to an % CAGR throughout this forecast period.
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.
Global Micro Motor Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Micro Motor Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Driving Micro Motor
Controlling Micro Motor
Vibrating Micro Motor
Segment by Application
IT/Office
Audiovisual Equipment
Automobile
Household Appliances
Medical Equipment
Automated Industry
3D Printing
Others
By Company
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
Production by Region
North America
Europe
China
Japan
Southeast Asia
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina