June 19, 2019 by Steve Blade
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.
Table of Content
1. Global Small Motors Market - Executive Summary
2. Global Small Motors Market Overview
3. Global Small Motors Market Analysis and Forecast, 2012-2026
To be Continue......
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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.
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Nascent Developments in Robotics to Uphold Demand for Small Motors
Advent of robotics and robots, which highly rely on small motors, have complemented the adoption of automation in various industries, ranging from aerospace and manufacturing, to consumer electronics. Pivotal role of small motors in robots, in terms of efficiency and synchronizing with variations in power requirement vis-à-vis applications, has been underpinning its sales in recent years.
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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