A fresh study, covering “Micro Motor Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” has been broadcasted to wide online repository of Fact MR, which presents deep focus on the Automotive Market. This smart study contains precise data that offers a clear insight about market current scenario and future projections for the benefit of readers. Moreover, the study enclosed significant data which tends to make the research a powerful source for analysts and industry experts who are looking to gain necessary knowledge about the prevailing market trends, opportunities and drivers present in the Micro Motor Market.
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Introduction of Drive to Modern Design Micro Motors will Drive Growth of the Market
With continuous advancements in electronic technology, the micro motor industry is experiencing mutual M&A adjustment process with the drive manufacturing industry. The introduction of drive-to-modern design of micro motors has bolstered demand for materials as well as manufacturing & production processes, which in turn is expected to drive growth of the micro motor market. In addition, surging car sales have resulted into robust application of electrical equipment. The traditional carburetors in vehicles have been replaced by the quantitative & automatic fuel injection system, and antilock braking systems (ABS) in several cars have been replaced by motors.
There has been a robust expansion in demand for brushless DC motors for adoption in electric vehicles. Manufacturers have been developing portable charging power tools for electronic vehicles, on the back of concerns pertaining to future environmental protection. Moreover, a number of technological innovations have been made in piezoelectric micro motors with high precision. For example, New Scale Technologies has developed an M3 smart module platform, known as “SQUIGGLE motor”, which is a revolutionary, small-sized piezoelectric micro motor with high performance characteristics. These factors are expected to augment growth of the global micro motor market.
APEJ will Remain Dominant in the Global Micro Motor Market
In terms of revenues, Asia Pacific excluding Japan (APEJ) is anticipated to be dominant in the global micro motor market in 2017, and this trend will continue to prevail during the forecast period. Europe will continue to be the second largest market for micro motor. Although, the micro motor market in the Middle East & Africa (MEA) will account for lower revenues, sales are expected to witness an above average expansion through 2022.
DC micro motors will continue to remain sought-after among products in the global micro motor market, with sales poised to register a moderate expansion through 2022. However, sales of AC micro motors are estimated to exhibit a sluggish expansion throughout the forecast period.
Sales of 12V-48V Micro Motors to Register the Highest CAGR through 2022
On the basis of power consumption, 12V-48V micro motors are expected to remain dominant in the global market, with sales expanding at the highest CAGR through 2022. Sales of less than 12V micro motors are estimated to account for larger revenues as compared to above 48V micro motors. However, sales of above 48V micro motors will register a relatively higher CAGR than that of less than 12V micro motors.
Micro motors will continue to witness largest application in automotive sector, with revenues expected to account for over 1/4th share of the market. Industry automation is expected to be the second most lucrative sector for application of micro motors by 2022-end. However, demand for micro motors in aircraft applications will remain sluggish throughout the forecast period.
By technology, brushless micro motors will continue to witness the largest adoption in the global micro motor market. Sales of brushless micro motors are expected to exceed US$ 20,000 Mn in revenues by 2022-end. Sales of brushed motors will continue to witness a sluggish expansion through 2022.
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Table of Content
Chapter 1. Global Micro Motor Market - Executive Summary. 27
Chapter 2. Global Micro Motor Market Overview. 29
2.1. Introduction. 29
2.1.1. Global Micro Motor Market Taxonomy. 29
2.1.2. Global Micro Motor Market Definition. 29
2.2. Global Micro Motor Market Size (US$ Mn) and Forecast, 2012-2022. 30
2.2.1. Global Micro Motor Market Y-o-Y Growth. 30
2.3. Global Micro Motor Market: Macroeconomic Factors. 30
2.3.1. Economic Outlook. 30
2.3.2. International Policy. 31
2.3.3. Profitability of Enterprises. 31
2.3.4. Increasing Purchasing Power of Middle Class. 31
2.3.5. Complex Eco System. 31
2.3.6. Supply chain Issues. 32
2.3.7. End-user Sentiment. 32
2.4. Global Micro Motor Market Impact Factors. 32
2.4.1. Autonomous Vehicles. 32
2.4.2. The Influence of China. 32
2.4.3. Innovations in Technology. 33
2.4.4. Dilemma on Shift to New Technologies. 33
2.4.5. Disruption in Traditional Business Models. 33
2.4.6. Rising Component Costs in Developing Countries. 33
2.4.7. Shrinking Product Development Time. 34
2.4.8. Fluctuating Input costs. 34
2.4.9. Adoption of New Mobility Solutions. 34
2.4.10. Focus on Granular Insights – City-wise Analysis will Replace Region-wise Analysis. 35
2.4.11. Rising Complexity Influencing Greater Emphasis on Platformimg. 35
2.4.12. Increasing R&D expenditure. 35
2.4.13. Trends. 36
2.4.13.1. Focus on Granular Insights – City-wise Analysis will Replace Region-wise Analysis. 36
2.4.13.2. Rising Complexity Influencing Greater Emphasis on Platforming. 36
2.5. Supply Chain. 37
2.6. Cost Structure. 37
2.7. Pricing Analysis. 37
2.8. Raw Material Sourcing Strategy and Analysis. 38
2.9. List of Distributors. 38
2.10. Key Participants Market Presence (Intensity Map) By Region. 38
Continue…..
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