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Global Torque Motors Market Growth 2019-2024
SKU ID : LPI-13881559 | Publishing Date : 22-Feb-2019 | No. of pages : 158
A torque motor is a specialized form of electric motor which can operate indefinitely while stalled, that is, with the rotor blocked from turning, without incurring damage. In this mode of operation, the motor will apply a steady torque to the load (hence the name). A torque motor that cannot perform a complete rotation is known as a limited angle torque motor.
The torque motors are classified into the DC torque motors and AC torque motors according to the product type. As of 2017, DC torque motors segment dominates the market contributing more than 60% of the total market share of the total market. Depending on application, the torque motors market is further applied in machine tool industry, robotics and semiconductor, food and packaging industry, energy industry and other industry. As of 2017, demand for a torque motors for a machine tool industry occupied the largest market, with about 40% market share, while machine tool industry and energy industry seen a rapid growth in past few years.
According to this study, over the next five years the Torque Motors market will register a 8.8% CAGR in terms of revenue, the global market size will reach US$ 810 million by 2024, from US$ 530 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Torque Motors business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Torque Motors market by product type, application, key manufacturers and key regions and countries.
This study considers the Torque Motors 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.
AC
DC
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Machine Tool Industry
Robotics and Semiconductor
Food and Packaging Industry
Energy Industry
Other
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.
Siemens
Moog
Hiwin
ETEL
Parker
Zollern
Han's Motor
Oriental Motor
Phase
Lafert S.p.A.
IDAM
Kollmorgen
Kesseler
Fischer Elektromotoren
ALXION
Tecnotion
ATE
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 Torque Motors 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 Torque Motors market by identifying its various subsegments.
Focuses on the key global Torque Motors 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 Torque Motors 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 Torque Motors 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 torque motors are classified into the DC torque motors and AC torque motors according to the product type. As of 2017, DC torque motors segment dominates the market contributing more than 60% of the total market share of the total market. Depending on application, the torque motors market is further applied in machine tool industry, robotics and semiconductor, food and packaging industry, energy industry and other industry. As of 2017, demand for a torque motors for a machine tool industry occupied the largest market, with about 40% market share, while machine tool industry and energy industry seen a rapid growth in past few years.
According to this study, over the next five years the Torque Motors market will register a 8.8% CAGR in terms of revenue, the global market size will reach US$ 810 million by 2024, from US$ 530 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Torque Motors business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Torque Motors market by product type, application, key manufacturers and key regions and countries.
This study considers the Torque Motors 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.
AC
DC
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Machine Tool Industry
Robotics and Semiconductor
Food and Packaging Industry
Energy Industry
Other
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.
Siemens
Moog
Hiwin
ETEL
Parker
Zollern
Han's Motor
Oriental Motor
Phase
Lafert S.p.A.
IDAM
Kollmorgen
Kesseler
Fischer Elektromotoren
ALXION
Tecnotion
ATE
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 Torque Motors 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 Torque Motors market by identifying its various subsegments.
Focuses on the key global Torque Motors 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 Torque Motors 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 Torque Motors 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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