+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

LAMEA Micromotor Market Size, Share & Industry Trends Analysis Report By Application, By Type (AC Motors and DC Motors), By Technology (Brushed and Brushless), By Consumption, By Country and Growth Forecast, 2023 - 2029

  • PDF Icon

    Report

  • 104 Pages
  • May 2023
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5833552
The Latin America, Middle East and Africa Micromotor Market should witness market growth of 9.7% CAGR during the forecast period (2023-2029).

The increasing popularity of in-wheel micro-drive systems presents a potential business opportunity. In an in-wheel micro-drive system, parallel-installed micro motors with high torque are placed next to the wheels. These tiny motors are simple to put under standard 18 to 24-inch wheels in unused locations. In addition, direct-drive in-wheel motors provide car designers more freedom because they don't need gearboxes, differentials, or drive shafts.

A number of factors are driving the market, including the need to miniaturize devices, the rise in demand for medical implants, the development of manufacturing technology, the increased adoption of robotics and automation, and the rising popularity of electric vehicles. Because of the rising demand for smaller, more precise, and efficient motors, the demand is expected to continue to expand in the future. In addition, micro motors are now more widely accessible and affordable because of technological advancements and the prevalence of cost-effective production procedures, making them perfect for a variety of applications across a wide range of sectors.

Concerns about examining the flora to identify the region's ecological characteristics have developed in the region in recent years. The time and effort required for manual review can be significantly decreased using drone technology, which provides a quick, efficient, and more secure method of learning precise information. Furthermore, it is anticipated that Latin America's construction sector will continue to expand strongly in the years to come due to favorable business conditions, low base effects, and a strong pipeline of projects. In addition, the development of the Colon Free-Trade Zone, the metro system, and the expansion of the Panama Canal are anticipated to boost the growth of the construction sector, particularly in Brazil. All of these factors are what are causing the regional market to grow.

The Brazil market dominated the LAMEA Micromotor Market by Country in 2022 and would continue to be a dominant market till 2029; thereby, achieving a market value of $1,269.7 million by 2029. The Argentina market is estimated to grow a CAGR of 10.3% during (2023-2029). Additionally, The UAE market would showcase a CAGR of 9.4% during (2023-2029).

Based on Application, the market is segmented into Industrial Automation, Healthcare, Construction & Mining, Aircraft Systems, Agriculture Equipment System, Automotive and Others. Based on Type, the market is segmented into AC Motors and DC Motors. Based on Technology, the market is segmented into Brushed and Brushless. Based on Consumption, the market is segmented into 12-24 V, < 11 V, 25-48 V and >48 V. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include MITSUBA Corporation, Nidec Corporation, Johnson Electric Holdings Limited, Mabuchi Motor Co., Ltd., Maxon Motor Ag, Constar Micromotor Co., Ltd., Bühler Motor GmbH, Siemens AG, ABB Group, and ARC Systems, Inc.

Scope of the Study

By Application

  • Industrial Automation
  • Healthcare
  • Construction & Mining
  • Aircraft Systems
  • Agriculture Equipment System
  • Automotive
  • Others

By Type

  • AC Motors
  • DC Motors

By Technology

  • Brushed
  • Brushless

By Consumption

  • 12-24 V
  • < 11 V
  • 25-48 V
  • >48 V

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • MITSUBA Corporation
  • Nidec Corporation
  • Johnson Electric Holdings Limited
  • Mabuchi Motor Co., Ltd.
  • Maxon Motor Ag
  • Constar Micromotor Co., Ltd.
  • Bühler Motor GmbH
  • Siemens AG
  • ABB Group
  • ARC Systems, Inc.

Unique Offerings

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Micromotor Market, by Application
1.4.2 LAMEA Micromotor Market, by Type
1.4.3 LAMEA Micromotor Market, by Technology
1.4.4 LAMEA Micromotor Market, by Consumption
1.4.5 LAMEA Micromotor Market, by Country
1.5 Research Methodology
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Market Share Analysis, 2021
3.2 Strategies Deployed in Micromotor Market
Chapter 4. LAMEA Micromotor Market by Application
4.1 LAMEA Industrial Automation Market by Country
4.2 LAMEA Healthcare Market by Country
4.3 LAMEA Construction & Mining Market by Country
4.4 LAMEA Aircraft Systems Market by Country
4.5 LAMEA Agriculture Equipment System Market by Country
4.6 LAMEA Automotive Market by Country
4.7 LAMEA Other Application Market by Country
Chapter 5. LAMEA Micromotor Market by Type
5.1 LAMEA AC Motors Market by Country
5.2 LAMEA DC Motors Market by Country
Chapter 6. LAMEA Micromotor Market by Technology
6.1 LAMEA Brushed Market by Country
6.2 LAMEA Brushless Market by Country
Chapter 7. LAMEA Micromotor Market by Power Consumption
7.1 LAMEA 12-24 V Market by Country
7.2 LAMEA < 11 V Market by Country
7.3 LAMEA 25-48 V Market by Country
7.4 LAMEA >48 V Market by Country
Chapter 8. LAMEA Micromotor Market by Country
8.1 Brazil Micromotor Market
8.1.1 Brazil Micromotor Market by Application
8.1.2 Brazil Micromotor Market by Type
8.1.3 Brazil Micromotor Market by Technology
8.1.4 Brazil Micromotor Market by Power Consumption
8.2 Argentina Micromotor Market
8.2.1 Argentina Micromotor Market by Application
8.2.2 Argentina Micromotor Market by Type
8.2.3 Argentina Micromotor Market by Technology
8.2.4 Argentina Micromotor Market by Power Consumption
8.3 UAE Micromotor Market
8.3.1 UAE Micromotor Market by Application
8.3.2 UAE Micromotor Market by Type
8.3.3 UAE Micromotor Market by Technology
8.3.4 UAE Micromotor Market by Power Consumption
8.4 Saudi Arabia Micromotor Market
8.4.1 Saudi Arabia Micromotor Market by Application
8.4.2 Saudi Arabia Micromotor Market by Type
8.4.3 Saudi Arabia Micromotor Market by Technology
8.4.4 Saudi Arabia Micromotor Market by Power Consumption
8.5 South Africa Micromotor Market
8.5.1 South Africa Micromotor Market by Application
8.5.2 South Africa Micromotor Market by Type
8.5.3 South Africa Micromotor Market by Technology
8.5.4 South Africa Micromotor Market by Power Consumption
8.6 Nigeria Micromotor Market
8.6.1 Nigeria Micromotor Market by Application
8.6.2 Nigeria Micromotor Market by Type
8.6.3 Nigeria Micromotor Market by Technology
8.6.4 Nigeria Micromotor Market by Power Consumption
8.7 Rest of LAMEA Micromotor Market
8.7.1 Rest of LAMEA Micromotor Market by Application
8.7.2 Rest of LAMEA Micromotor Market by Type
8.7.3 Rest of LAMEA Micromotor Market by Technology
8.7.4 Rest of LAMEA Micromotor Market by Power Consumption
Chapter 9. Company Profiles
9.1 ABB Group
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent Strategies and Developments
9.1.5.1 Product Launches and Product Expansions
9.1.6 SWOT Analysis
9.2 Siemens AG
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 SWOT Analysis
9.3 Mabuchi Motor Co., Ltd.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional Analysis
9.3.4 Recent Strategies and Developments
9.3.4.1 Acquisition and Mergers
9.4 Johnson Electric Holdings Limited
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Recent Strategies and Developments
9.4.4.1 Acquisition and Mergers
9.5 Nidec Corporation
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent Strategies and Developments
9.5.5.1 Geographical Expansions
9.6 MITSUBA Corporation
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.7 Maxon Motor Ag
9.7.1 Company Overview
9.7.2 Recent Strategies and Developments
9.7.2.1 Product Launches and Product Expansions
9.7.2.2 Acquisition and Mergers
9.8 Constar Micromotor Co., Ltd.
9.8.1 Company Overview
9.9 Bühler Motor GmbH
9.9.1 Company Overview
9.10. ARC Systems, Inc.
9.10.1 Company Overview

Companies Mentioned

  • MITSUBA Corporation
  • Nidec Corporation
  • Johnson Electric Holdings Limited
  • Mabuchi Motor Co., Ltd.
  • Maxon Motor Ag
  • Constar Micromotor Co., Ltd.
  • Bühler Motor GmbH
  • Siemens AG
  • ABB Group
  • ARC Systems, Inc.

Methodology

Loading
LOADING...