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Global Motor Spindles Market Growth 2019-2024
SKU ID : LPI-13842881 | Publishing Date : 08-Feb-2019 | No. of pages : 161
Motor spindles do not rely upon an external motor to provide torque and power, the motor is included as an integral part of the spindle shaft and housing assembly. This allows the spindle to rotate at higher speeds as a complete unit, without the additional limitations of belts or gears.
The motor spindles consumption volume was 828.67 thousand units in 2017 and is expected to reach 829 thousand units in 2018 and 1253.74 thousand units in 2023, growing at a CAGR of 7.14% from 2017 to 2023. Asia-Pacific`s sales volume accounted for the highest market share (46.74%) in 2017.
At present, the manufactures of motor spindles are concentrated in Europe, North America and Asia-Pacific. Asia-Pacific is the largest sales revenue area in the world, which occupied about 45.45% in 2017. The following areas are Europe and North America. The global leading players in this market are Westwind, Fischer Precise, Kessler, Siemens and etc.
Motor spindles are mainly used by PCB industry, Consumer Electronics, Machinery Manufacturing, Automotive and Aerospace. The main types of motor spindles are Rolling Motor Spindles, Air Bearing Motor Spindles, and Liquid Journal Motor Spindles.
Despite the presence of competition problems, due to the increasing demand of high precision and effective products, investors are still optimistic about this area, the future will still have more new investment enter the field. In the next five years, the consumption volume will keep increasing, as well as the consumption value.
According to this study, over the next five years the Motor Spindles market will register a 6.2% CAGR in terms of revenue, the global market size will reach US$ 1550 million by 2024, from US$ 1080 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Motor Spindles business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Motor Spindles market by product type, application, key manufacturers and key regions and countries.
This study considers the Motor Spindles value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Rolling Motor Spindles
Air Bearing Motor Spindles
Liquid Journal Motor Spindles
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
PCB Industry
Consumer Electronic
Machinery Manufacturing
Automotive and Aerospace
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Westwind
Fischer Precise
Kessler
Siemens
Guangzhou Haozhi
IBAG Group
Nakanishi
GMN
Air Bearing
Alfred Jäger
Step-Tec
Posa
KLKJ
Heinz Fiege GmbH
SycoTec
Parfaite Tool
HSD
Zimmer Group
Shenzhen Sufeng
ZYS
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Motor Spindles consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Motor Spindles market by identifying its various subsegments.
Focuses on the key global Motor Spindles manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Motor Spindles with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Motor Spindles submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
The motor spindles consumption volume was 828.67 thousand units in 2017 and is expected to reach 829 thousand units in 2018 and 1253.74 thousand units in 2023, growing at a CAGR of 7.14% from 2017 to 2023. Asia-Pacific`s sales volume accounted for the highest market share (46.74%) in 2017.
At present, the manufactures of motor spindles are concentrated in Europe, North America and Asia-Pacific. Asia-Pacific is the largest sales revenue area in the world, which occupied about 45.45% in 2017. The following areas are Europe and North America. The global leading players in this market are Westwind, Fischer Precise, Kessler, Siemens and etc.
Motor spindles are mainly used by PCB industry, Consumer Electronics, Machinery Manufacturing, Automotive and Aerospace. The main types of motor spindles are Rolling Motor Spindles, Air Bearing Motor Spindles, and Liquid Journal Motor Spindles.
Despite the presence of competition problems, due to the increasing demand of high precision and effective products, investors are still optimistic about this area, the future will still have more new investment enter the field. In the next five years, the consumption volume will keep increasing, as well as the consumption value.
According to this study, over the next five years the Motor Spindles market will register a 6.2% CAGR in terms of revenue, the global market size will reach US$ 1550 million by 2024, from US$ 1080 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Motor Spindles business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Motor Spindles market by product type, application, key manufacturers and key regions and countries.
This study considers the Motor Spindles value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Rolling Motor Spindles
Air Bearing Motor Spindles
Liquid Journal Motor Spindles
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
PCB Industry
Consumer Electronic
Machinery Manufacturing
Automotive and Aerospace
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Westwind
Fischer Precise
Kessler
Siemens
Guangzhou Haozhi
IBAG Group
Nakanishi
GMN
Air Bearing
Alfred Jäger
Step-Tec
Posa
KLKJ
Heinz Fiege GmbH
SycoTec
Parfaite Tool
HSD
Zimmer Group
Shenzhen Sufeng
ZYS
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Motor Spindles consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Motor Spindles market by identifying its various subsegments.
Focuses on the key global Motor Spindles manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Motor Spindles with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Motor Spindles submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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