North America is Expected to be the Most Lucrative Market for Small Motors During Forecast Period 2021-2031

250 Pages Small Motors Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider

Latest industry analysis by Fact MR, predicts sales of Small Motors to swell at propelled CAGR through 2031, as automotive sales gradually recover across the world. The report is intended at presenting insights into hidden growth opportunities and challenges. It also offers recommendations to help businesses to prep for unforeseen challenges.

The market intelligence study therefore includes demographics analysis so market players can plan their product and marketing strategy. It offers sales outlook in 20+ countries. It identifies the most lucrative segments to assist companies in creating winning strategies for future.

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The report offers actionable and valuable market insights of Small Motors. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Small Motors Market across various industries and regions.

The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Small Motors market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Small Motors

This newly published and insightful report sheds light on Market Insights of Small Motors, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Small Motors Market.

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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.

Engineers who are concerned with the design of various devices in all the industries are facing the ever increasing challenge of making the products with maximum efficiency while reducing the size of such devices to the minimum. Typically, design engineers are looking for deriving more power from a smaller device, which has a greater efficiency and also possesses a longer life. This is done in order to reduce the consumption of power and encourage simple usability in the case of handheld devices. This is where the use of small motors comes into the picture. 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.

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As per the forecast of Fact.MR, the global 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.

4 Forecast Highlights on Global Small Motors Market

  • As per the forecast of Fact.MR, the DC brush motors (cored) segment is slated to touch a value of nearly US$ 2,560 Mn in the year 2022. This represents a negative CAGR growth during the assessment period of 2017-2026. The DC brush motors (cored) segment is estimated to account for nearly one-third of the revenue share of the product type segment by the year 2017 end and is expected to lose in market share by the year 2026 end.
  • As per the forecast of Fact.MR, AC small motors segment will reach a value of nearly US$ 2,920 Mn in the year 2026. This represents a sluggish CAGR growth during the forecast period. The AC small motors segment is estimated to account for more than one-fourth of the revenue share of the supply source segment in the year 2017 end and is expected to gain market share by the end of the year 2026.
  • 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.

The report has also profiled leading players in the global market for small motors, which will remain active through 2026. These include companies such as Mim Software, Inc., Xinapse Systems Ltd, AGFA Healthcare, INFINITT Healthcare Co, Ltd., Aquilab, Toshiba Medical Systems Corporation, Carestream Health, Inc., Siemens Healthineers, Merge Healthcare Incorporated, Esaote S.P.A, Sciencesoft USA Corporation, General Electric Company (GE), Mirada Medical Limited, Image Analysis and Koninklijke Philips N.V.

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Report Benefits & Key Questions Answered

  • Small Motors Company & brand share analysis: The report offers in-depth Small Motors brand share analysis to estimate percentage of the market covered by Tier 1, Tier 2, and Tier 3 companies
  • Small Motors Historical volume analysis: The report offers a comparative analysis between historic sales of Small Motors and projected sales performance for 2021-2031
  • Small Motors Category & segment level analysis: Fact MR presents a comprehensive analysis of factors enabling sales growth across key segments. It underscores chief growth drivers and offers valuable information to identify sales prospects a local and regional levels
  • Small Motors Consumption by demographics: To offer informed recommendation, the report studies behavior and consumption pattern of consumers. The demographics analysis is intended at helping business better understand consumer preference and design their product and market strategies around it
  • Post COVID consumer spending on Small Motors: The Fact MR market survey carefully studies consumer spending behavior post COVID-19. It gauges how prevailing trends have influenced their behavior, subsequently impacting their spending power

More Valuable Insights on Small Motors Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Small Motors, Sales and Demand of Small Motors, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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