Small Motors Market Know the Key Growth Drivers Developments and Innovations 201

Posted by Arslan on August 21st, 2019

According to the latest Fact.MR study, the small motors market is anticipated to register a Y-o-Y growth of just over 1% in 2019 over 2018. Fact.MR finds that the increasing inclination of consumers towards compact electronic devices is sustaining the demand for small motors.. However, slow traction in growth of the small motor market is expected to continue, which can be attributed in part to reluctance among industry players toward adoption of the technology. The study offers analyses crucial factors impacting the performance of small motors market. All the microeconomic and macroeconomic aspects influencing the small motors market growth have been analyzed in the study. Primary as well as the secondary research methodologies have been leveraged to obtain significant insights into the global small motors market.   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.

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Small Motors Market – Key Insights

  • The small motors market registered a CAGR of 1.2% during the period 2012 to 2016.
  • Sales of small motors close in on revenues worth US$ 8.8 Bn in 2018, and are expected to grow at a sluggish CAGR of just over 1.0% through 2026.
  • Small motor sales have been relatively larger in North America as compare to other regional markets, which can be attributed to rising requirement for strong communication infrastructures in the region.
  • DC power supply continues to remain preferred for small motors worldwide. Sales of small motors working on DC power supply are expected to bring in revenues over of US$ 6 Bn in2019.
  • Small motors sales have traditionally witness the largest sales in consumer electronics, expected to surpass US$ 2 Bn in 2019.

Chapter 1: Executive Summary
The study begins with a comprehensive assessment of the global small motors market. In this section, the key macroeconomic trends influencing the automotive manufacturing and sales have been discussed.

Chapter 2: Global Small Motors Market – Overview
This section of the report offers invaluable information about the global small motors market. Important aspects pertaining to the recent development taken place in the small motors market report have been included in this study.

Chapter 3: Global Small Motors Market Assessment and Prediction, 2012 – 2016
A precise definition of the small motors market highlighting a comprehensive taxonomy has been included in this chapter. This section also weighs the dynamics impacting the global small motors market. A detailed segmentation of the market depending on the product type, supply source type,
application, and region is included in this report.

Chapter 4: North America Small Motors Market Assessment and Forecast, 2012 – 2026
The small motors market established in the North American region has been assessed under this section. A detailed overview of the automotive industry along with the small motors market has been added. The following sections of the report offer a historical assessment and forecast based on the product type, application, supply source type, and region.

Chapter 5: Latin America Small Motors Market Assessment and Forecast, 2012 – 2026
A brief analysis of the small motors market based in Latin America is included in this report. A historical analysis along with a prediction of the small motors market depending on the application, product type, supply source type, and region is incorporated in the report.

Demand for Vibration Motors Remains Relatively Higher

The study finds that the vibration motors will hold a considerable share in the small motors market. With the ubiquitous visibility of smartphones, smart watches, and similar hand-held devices, there has been a notable adoption of vibration motors, which receive signal without the generation of sound. Vibration motors sales are further expected to be underpinned by the growing trend of modernization of devices, whose designs include vibration feature as an integral requirement.

Opportunity Exists for Small Motors Manufacturers across Industries

Sales of small motors are expected to increase on account of their competency to resist drastic temperature changes, vibrations, and shock. In addition, compact size of small motors offers better volume-to-performance ratio with reduced noise levels, which is anticipated to further increase the incorporation in consumer electronic devices.

Other players operating in the global small motors market comprise Xinapse Systems Ltd., Toshiba Medical Systems Corporation, Siemens Healthineers, Sciencesoft USA Corporation, Mirada Medical Limited, Mim Software, Merge Healthcare Incorporated, Koninklijke Philips N.V., INFINITT Healthcare Co., Image Analysis, General Electric Company, Esaote S.P.A, Carestream Health, Aquilab, and AGFA Healthcare.


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