The Asia Pacific Micromotor Market would witness market growth of 7.9% CAGR during the forecast period (2023-2029).
Drones have become highly popular for delivering freight because of their high efficiency and comparably faster delivery times than conventional methods. As a result, drones can be employed for loading freight to a greater extent. In a wide range of industries, drones are frequently used to transport goods like food and packages. Because of their efficiency and adaptability, high RPM (revolutions per minute) motors are common. Several industries, including aviation and drones, require high RPM motors to meet their specific requirements.
The growth of the aviation and drone systems businesses will cause micro motor sales to increase quickly in the coming years. Key automotive manufacturers around the world are increasingly demanding micro motors. Additionally, there has been a consistent rise in the number of uses that are driving the rising demand for automotive components and parts. Different micro motors are being adopted in the market as a result of the demand for brushed and DC micro motors.
To improve the massager capabilities, automotive seats are now available with micro motors. One of the main applications for micro motors that is seeing increased adoption rates is the outside rear view mirror (ORVM), followed by power windows, etc. As a result, the proliferation of smart technology in the automotive industry seems to have significantly increased demand. The performance of automobiles is improved by all of these micro motors with high RPM (revolutions per minute). As a result, key manufacturers are significantly more likely to produce micro motors with low power consumption.
One of the bases of the Chinese economy is manufacturing, which is changing quickly. This extensive makeover has elevated the nation to the top of the market. Over the past two decades, the nation has developed its manufacturing capabilities, moving from producing inexpensive goods to producing more high-tech goods. The middle class's discretionary income is rising in China as well, which has a beneficial impact on the country's rising desire for cars. Vehicle production has increased significantly over the previous five years due to the nation's cheap production costs. Additionally, to boost sales of cars, the Chinese government has reduced car taxes. Automobiles and automotive parts are among the top exports from China. Hence the region presents lucrative growth prospects for the market.
The China market dominated the Asia Pacific Micromotor Market by Country in 2022 and would continue to be a dominant market till 2029; thereby, achieving a market value of $7,019.7 million by 2029. The Japan market is experiencing a CAGR of 7.2% during (2023 - 2029). Additionally, The India market would display a CAGR of 8.6% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Micromotor Market is Projected to reach USD 68.6 Billion by 2029, at a CAGR of 7.6%
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
Market Segments Covered in the Report:
By Application
- Industrial Automation
- Healthcare
- Construction & Mining
- Aircraft Systems
- Agriculture Equipment System
- Automotive
- Others
By Type
By Technology
By Consumption
- 12-24 V
- <11 V
- 25-48 V
- >48 V
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
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.
TABLE 1 Asia Pacific Micromotor Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Micromotor Market, 2023 - 2029, USD Million
TABLE 3 Asia Pacific Micromotor Market by Application, 2019 - 2022, USD Million
TABLE 4 Asia Pacific Micromotor Market by Application, 2023 - 2029, USD Million
TABLE 5 Asia Pacific Industrial Automation Market by Country, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Industrial Automation Market by Country, 2023 - 2029, USD Million
TABLE 7 Asia Pacific Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 8 Asia Pacific Healthcare Market by Country, 2023 - 2029, USD Million
TABLE 9 Asia Pacific Construction & Mining Market by Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Construction & Mining Market by Country, 2023 - 2029, USD Million
TABLE 11 Asia Pacific Aircraft Systems Market by Country, 2019 - 2022, USD Million
TABLE 12 Asia Pacific Aircraft Systems Market by Country, 2023 - 2029, USD Million
TABLE 13 Asia Pacific Agriculture Equipment System Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Agriculture Equipment System Market by Country, 2023 - 2029, USD Million
TABLE 15 Asia Pacific Automotive Market by Country, 2019 - 2022, USD Million
TABLE 16 Asia Pacific Automotive Market by Country, 2023 - 2029, USD Million
TABLE 17 Asia Pacific Other Application Market by Country, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Other Application Market by Country, 2023 - 2029, USD Million
TABLE 19 Asia Pacific Micromotor Market by Type, 2019 - 2022, USD Million
TABLE 20 Asia Pacific Micromotor Market by Type, 2023 - 2029, USD Million
TABLE 21 Asia Pacific AC Motors Market by Country, 2019 - 2022, USD Million
TABLE 22 Asia Pacific AC Motors Market by Country, 2023 - 2029, USD Million
TABLE 23 Asia Pacific DC Motors Market by Country, 2019 - 2022, USD Million
TABLE 24 Asia Pacific DC Motors Market by Country, 2023 - 2029, USD Million
TABLE 25 Asia Pacific Micromotor Market by Technology, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Micromotor Market by Technology, 2023 - 2029, USD Million
TABLE 27 Asia Pacific Brushed Market by Country, 2019 - 2022, USD Million
TABLE 28 Asia Pacific Brushed Market by Country, 2023 - 2029, USD Million
TABLE 29 Asia Pacific Brushless Market by Country, 2019 - 2022, USD Million
TABLE 30 Asia Pacific Brushless Market by Country, 2023 - 2029, USD Million
TABLE 31 Asia Pacific Micromotor Market by Power Consumption, 2019 - 2022, USD Million
TABLE 32 Asia Pacific Micromotor Market by Power Consumption, 2023 - 2029, USD Million
TABLE 33 Asia Pacific 12-24 V Market by Country, 2019 - 2022, USD Million
TABLE 34 Asia Pacific 12-24 V Market by Country, 2023 - 2029, USD Million
TABLE 35 Asia Pacific <11 V Market by Country, 2019 - 2022, USD Million
TABLE 36 Asia Pacific <11 V Market by Country, 2023 - 2029, USD Million
TABLE 37 Asia Pacific 25-48 V Market by Country, 2019 - 2022, USD Million
TABLE 38 Asia Pacific 25-48 V Market by Country, 2023 - 2029, USD Million
TABLE 39 Asia Pacific >48 V Market by Country, 2019 - 2022, USD Million
TABLE 40 Asia Pacific >48 V Market by Country, 2023 - 2029, USD Million
TABLE 41 Asia Pacific Micromotor Market by Country, 2019 - 2022, USD Million
TABLE 42 Asia Pacific Micromotor Market by Country, 2023 - 2029, USD Million
TABLE 43 China Micromotor Market, 2019 - 2022, USD Million
TABLE 44 China Micromotor Market, 2023 - 2029, USD Million
TABLE 45 China Micromotor Market by Application, 2019 - 2022, USD Million
TABLE 46 China Micromotor Market by Application, 2023 - 2029, USD Million
TABLE 47 China Micromotor Market by Type, 2019 - 2022, USD Million
TABLE 48 China Micromotor Market by Type, 2023 - 2029, USD Million
TABLE 49 China Micromotor Market by Technology, 2019 - 2022, USD Million
TABLE 50 China Micromotor Market by Technology, 2023 - 2029, USD Million
TABLE 51 China Micromotor Market by Power Consumption, 2019 - 2022, USD Million
TABLE 52 China Micromotor Market by Power Consumption, 2023 - 2029, USD Million
TABLE 53 Japan Micromotor Market, 2019 - 2022, USD Million
TABLE 54 Japan Micromotor Market, 2023 - 2029, USD Million
TABLE 55 Japan Micromotor Market by Application, 2019 - 2022, USD Million
TABLE 56 Japan Micromotor Market by Application, 2023 - 2029, USD Million
TABLE 57 Japan Micromotor Market by Type, 2019 - 2022, USD Million
TABLE 58 Japan Micromotor Market by Type, 2023 - 2029, USD Million
TABLE 59 Japan Micromotor Market by Technology, 2019 - 2022, USD Million
TABLE 60 Japan Micromotor Market by Technology, 2023 - 2029, USD Million
TABLE 61 Japan Micromotor Market by Power Consumption, 2019 - 2022, USD Million
TABLE 62 Japan Micromotor Market by Power Consumption, 2023 - 2029, USD Million
TABLE 63 India Micromotor Market, 2019 - 2022, USD Million
TABLE 64 India Micromotor Market, 2023 - 2029, USD Million
TABLE 65 India Micromotor Market by Application, 2019 - 2022, USD Million
TABLE 66 India Micromotor Market by Application, 2023 - 2029, USD Million
TABLE 67 India Micromotor Market by Type, 2019 - 2022, USD Million
TABLE 68 India Micromotor Market by Type, 2023 - 2029, USD Million
TABLE 69 India Micromotor Market by Technology, 2019 - 2022, USD Million
TABLE 70 India Micromotor Market by Technology, 2023 - 2029, USD Million
TABLE 71 India Micromotor Market by Power Consumption, 2019 - 2022, USD Million
TABLE 72 India Micromotor Market by Power Consumption, 2023 - 2029, USD Million
TABLE 73 South Korea Micromotor Market, 2019 - 2022, USD Million
TABLE 74 South Korea Micromotor Market, 2023 - 2029, USD Million
TABLE 75 South Korea Micromotor Market by Application, 2019 - 2022, USD Million
TABLE 76 South Korea Micromotor Market by Application, 2023 - 2029, USD Million
TABLE 77 South Korea Micromotor Market by Type, 2019 - 2022, USD Million
TABLE 78 South Korea Micromotor Market by Type, 2023 - 2029, USD Million
TABLE 79 South Korea Micromotor Market by Technology, 2019 - 2022, USD Million
TABLE 80 South Korea Micromotor Market by Technology, 2023 - 2029, USD Million
TABLE 81 South Korea Micromotor Market by Power Consumption, 2019 - 2022, USD Million
TABLE 82 South Korea Micromotor Market by Power Consumption, 2023 - 2029, USD Million
TABLE 83 Singapore Micromotor Market, 2019 - 2022, USD Million
TABLE 84 Singapore Micromotor Market, 2023 - 2029, USD Million
TABLE 85 Singapore Micromotor Market by Application, 2019 - 2022, USD Million
TABLE 86 Singapore Micromotor Market by Application, 2023 - 2029, USD Million
TABLE 87 Singapore Micromotor Market by Type, 2019 - 2022, USD Million
TABLE 88 Singapore Micromotor Market by Type, 2023 - 2029, USD Million
TABLE 89 Singapore Micromotor Market by Technology, 2019 - 2022, USD Million
TABLE 90 Singapore Micromotor Market by Technology, 2023 - 2029, USD Million
TABLE 91 Singapore Micromotor Market by Power Consumption, 2019 - 2022, USD Million
TABLE 92 Singapore Micromotor Market by Power Consumption, 2023 - 2029, USD Million
TABLE 93 Malaysia Micromotor Market, 2019 - 2022, USD Million
TABLE 94 Malaysia Micromotor Market, 2023 - 2029, USD Million
TABLE 95 Malaysia Micromotor Market by Application, 2019 - 2022, USD Million
TABLE 96 Malaysia Micromotor Market by Application, 2023 - 2029, USD Million
TABLE 97 Malaysia Micromotor Market by Type, 2019 - 2022, USD Million
TABLE 98 Malaysia Micromotor Market by Type, 2023 - 2029, USD Million
TABLE 99 Malaysia Micromotor Market by Technology, 2019 - 2022, USD Million
TABLE 100 Malaysia Micromotor Market by Technology, 2023 - 2029, USD Million
TABLE 101 Malaysia Micromotor Market by Power Consumption, 2019 - 2022, USD Million
TABLE 102 Malaysia Micromotor Market by Power Consumption, 2023 - 2029, USD Million
TABLE 103 Rest of Asia Pacific Micromotor Market, 2019 - 2022, USD Million
TABLE 104 Rest of Asia Pacific Micromotor Market, 2023 - 2029, USD Million
TABLE 105 Rest of Asia Pacific Micromotor Market by Application, 2019 - 2022, USD Million
TABLE 106 Rest of Asia Pacific Micromotor Market by Application, 2023 - 2029, USD Million
TABLE 107 Rest of Asia Pacific Micromotor Market by Type, 2019 - 2022, USD Million
TABLE 108 Rest of Asia Pacific Micromotor Market by Type, 2023 - 2029, USD Million
TABLE 109 Rest of Asia Pacific Micromotor Market by Technology, 2019 - 2022, USD Million
TABLE 110 Rest of Asia Pacific Micromotor Market by Technology, 2023 - 2029, USD Million
TABLE 111 Rest of Asia Pacific Micromotor Market by Power Consumption, 2019 - 2022, USD Million
TABLE 112 Rest of Asia Pacific Micromotor Market by Power Consumption, 2023 - 2029, USD Million
TABLE 113 Key Information – ABB Group
TABLE 114 Key Information – Siemens AG
TABLE 115 Key Information – Mabuchi Motor Co., Ltd.
TABLE 116 Key Information – Johnson Electric Holdings Limited
TABLE 117 Key Information – Nidec Corporation
TABLE 118 Key Information – MITSUBA Corporation
TABLE 119 Key Information – Maxon Motor Ag
TABLE 120 Key Information –Constar Micromotor Co., Ltd.
TABLE 121 Key Information – Bühler Motor GmbH
TABLE 122 Key Information – ARC Systems, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Market Share Analysis, 2021
FIG 3 Asia Pacific Micromotor Market Share by Application, 2022
FIG 4 Asia Pacific Micromotor Market Share by Application, 2029
FIG 5 Asia Pacific Micromotor Market by Application, 2019 - 2029, USD Million
FIG 6 Asia Pacific Micromotor Market Share by Type, 2022
FIG 7 Asia Pacific Micromotor Market Share by Type, 2029
FIG 8 Asia Pacific Micromotor Market by Type, 2019 - 2029, USD Million
FIG 9 Asia Pacific Micromotor Market Share by Technology, 2022
FIG 10 Asia Pacific Micromotor Market Share by Technology, 2029
FIG 11 Asia Pacific Micromotor Market by Technology, 2019 - 2029, USD Million
FIG 12 Asia Pacific Micromotor Market Share by Power Consumption, 2022
FIG 13 Asia Pacific Micromotor Market Share by Power Consumption, 2029
FIG 14 Asia Pacific Micromotor Market by Power Consumption, 2019 - 2029, USD Million
FIG 15 Asia Pacific Micromotor Market Share by Country, 2022
FIG 16 Asia Pacific Micromotor Market Share by Country, 2029
FIG 17 Asia Pacific Micromotor Market by Country, 2019 - 2029, USD Million
FIG 18 SWOT Analysis: ABB Group
FIG 19 Swot analysis: Siemens AG