Small Motors Market: Minimal Opportunity in HB Stepper Motors and DC brush motor

Posted by Arslan on February 20th, 2019

 As per the forecast of Fact.MR, the small motors market is slated to touch a value of nearly US$ 9,766 Mn in the year 2026 and exhibit a sluggish CAGR during the period of assessment.

Considering the wide scope of the global small motors market and to offer in-depth insights, Fact.MR’s report provides segment-wise analysis and forecast. The global small motors market has been categorized on the basis of product type, supply source, application and region. This segmentation analysis is comprehensive, coupled with a detailed country-wise forecast provided on all parameters.

In the present times, small motors find a variety of applications such as in surgical power tools, in medical devices, infusion systems, industrial power tools, clinical diagnostics, aerospace, and in the field of automation and robotics.

The vibration motors segment is vital and accounts for a large portion of the small motors market. The vibration motors segment comprises a third of the revenue share in the small motors market and should gain substantial BPS over the course of the forecast period. The vibration motors segment is expected to cross a value of US$ 3.4 billion in 2026. The vibration motors segment is followed by the DC brush motors (cored) segment in the small motors market. North America contributes roughly a third of the share in the DC brush motors (cored) market and companies are advised to focus their attention on this continent.

Browse Full report with TOC:

https://www.factmr.com/report/323/small-motors-market

As per the forecast of Fact.MR, the consumer electronics segment is slated to reach a value of nearly US$ 2,520 Mn in 2026. The consumer electronics segment is expected to lose some market value by the end of the year 2026. The largest share is contributed by the North America region in the consumer electronics segment.

Fact.MR forecasts that the consumer appliances segment will exhibit a CAGR of 1.1% from 2017 to 2026. Consumer appliances segment is estimated to account for nearly one-fourth of the revenue share of the application segment by 2017 end and is expected to lose some market share by the end of the year 2026.

A few of the companies actively involved in the small motors market have been profiled in the report. The companies include AGFA Healthcare, Aquilab, Carestream Health, Esaote S.P.A, General Electric Company, Image Analysis, INFINITT Healthcare Co, Koninklijke Philips N.V., Merge Healthcare Incorporated, Mim Software, Mirada Medical Limited, Sciencesoft USA Corporation, Siemens Healthineers, Toshiba Medical Systems Corporation, and Xinapse Systems Ltd.