The Europe Micromotor Market would witness market growth of 6.9% CAGR during the forecast period (2023-2029).
Micro motors are a low-cost alternative that can help laboratories automate operational procedures for quickly and precisely assessing large quantities of samples. Manufacturers aim to deliver state-of-the-art micro motors with dynamism and high accuracy due to their use in industries including medical, chemical testing labs, and molecular biology.
Manufacturers of micro motors may succeed due to elements of the automotive industry that allow the combination of elegance and ease. Construction, mining, and the medical field are just a few of the expanding industries that use the dependable and inexpensive micro motor. Manufacturers are working to reduce the micromotor's diameter while improving operational quality to ensure improved performance. Owing to technological advancement and manufacturers using these cutting-edge techniques, it is now possible to develop high-performance electric micro motors. Such advancements are anticipated to have an impact on this market in the coming years.
In 2016, Spain launched Connected Industry 4.0, an initiative for industrial digitization, to provide a strategy to support enterprises in their digital transition. The main objectives of the program are to increase the industrial added value of the sector and qualified labor while favoring the Spanish model for growing industries and local manufacturing of digital solutions. For market participants looking to compete in the automation and robotics niches, Spain provides significant potential. The fourth-largest market in Europe and the tenth-largest market globally is Spain. There was a total of 5,266 new robot deployments in Spain in 2018, and it is projected that this number will increase in the coming years. Therefore, in the coming years, the regional market will grow rapidly.
The Germany market dominated the Europe Micromotor Market by Country in 2022 and would continue to be a dominant market till 2029; thereby, achieving a market value of $4,478.7 million by 2029. The UK market is anticipated to grow at a CAGR of 6% during (2023 - 2029). Additionally, The France market would exhibit a CAGR of 7.7% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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 Europe Micromotor Market, 2019 - 2022, USD Million
TABLE 2 Europe Micromotor Market, 2023 - 2029, USD Million
TABLE 3 Europe Micromotor Market by Application, 2019 - 2022, USD Million
TABLE 4 Europe Micromotor Market by Application, 2023 - 2029, USD Million
TABLE 5 Europe Industrial Automation Market by Country, 2019 - 2022, USD Million
TABLE 6 Europe Industrial Automation Market by Country, 2023 - 2029, USD Million
TABLE 7 Europe Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 8 Europe Healthcare Market by Country, 2023 - 2029, USD Million
TABLE 9 Europe Construction & Mining Market by Country, 2019 - 2022, USD Million
TABLE 10 Europe Construction & Mining Market by Country, 2023 - 2029, USD Million
TABLE 11 Europe Aircraft Systems Market by Country, 2019 - 2022, USD Million
TABLE 12 Europe Aircraft Systems Market by Country, 2023 - 2029, USD Million
TABLE 13 Europe Agriculture Equipment System Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Agriculture Equipment System Market by Country, 2023 - 2029, USD Million
TABLE 15 Europe Automotive Market by Country, 2019 - 2022, USD Million
TABLE 16 Europe Automotive Market by Country, 2023 - 2029, USD Million
TABLE 17 Europe Other Application Market by Country, 2019 - 2022, USD Million
TABLE 18 Europe Other Application Market by Country, 2023 - 2029, USD Million
TABLE 19 Europe Micromotor Market by Type, 2019 - 2022, USD Million
TABLE 20 Europe Micromotor Market by Type, 2023 - 2029, USD Million
TABLE 21 Europe AC Motors Market by Country, 2019 - 2022, USD Million
TABLE 22 Europe AC Motors Market by Country, 2023 - 2029, USD Million
TABLE 23 Europe DC Motors Market by Country, 2019 - 2022, USD Million
TABLE 24 Europe DC Motors Market by Country, 2023 - 2029, USD Million
TABLE 25 Europe Micromotor Market by Technology, 2019 - 2022, USD Million
TABLE 26 Europe Micromotor Market by Technology, 2023 - 2029, USD Million
TABLE 27 Europe Brushed Market by Country, 2019 - 2022, USD Million
TABLE 28 Europe Brushed Market by Country, 2023 - 2029, USD Million
TABLE 29 Europe Brushless Market by Country, 2019 - 2022, USD Million
TABLE 30 Europe Brushless Market by Country, 2023 - 2029, USD Million
TABLE 31 Europe Micromotor Market by Power Consumption, 2019 - 2022, USD Million
TABLE 32 Europe Micromotor Market by Power Consumption, 2023 - 2029, USD Million
TABLE 33 Europe 12-24 V Market by Country, 2019 - 2022, USD Million
TABLE 34 Europe 12-24 V Market by Country, 2023 - 2029, USD Million
TABLE 35 Europe <11 V Market by Country, 2019 - 2022, USD Million
TABLE 36 Europe <11 V Market by Country, 2023 - 2029, USD Million
TABLE 37 Europe 25-48 V Market by Country, 2019 - 2022, USD Million
TABLE 38 Europe 25-48 V Market by Country, 2023 - 2029, USD Million
TABLE 39 Europe >48 V Market by Country, 2019 - 2022, USD Million
TABLE 40 Europe >48 V Market by Country, 2023 - 2029, USD Million
TABLE 41 Europe Micromotor Market by Country, 2019 - 2022, USD Million
TABLE 42 Europe Micromotor Market by Country, 2023 - 2029, USD Million
TABLE 43 Germany Micromotor Market, 2019 - 2022, USD Million
TABLE 44 Germany Micromotor Market, 2023 - 2029, USD Million
TABLE 45 Germany Micromotor Market by Application, 2019 - 2022, USD Million
TABLE 46 Germany Micromotor Market by Application, 2023 - 2029, USD Million
TABLE 47 Germany Micromotor Market by Type, 2019 - 2022, USD Million
TABLE 48 Germany Micromotor Market by Type, 2023 - 2029, USD Million
TABLE 49 Germany Micromotor Market by Technology, 2019 - 2022, USD Million
TABLE 50 Germany Micromotor Market by Technology, 2023 - 2029, USD Million
TABLE 51 Germany Micromotor Market by Power Consumption, 2019 - 2022, USD Million
TABLE 52 Germany Micromotor Market by Power Consumption, 2023 - 2029, USD Million
TABLE 53 UK Micromotor Market, 2019 - 2022, USD Million
TABLE 54 UK Micromotor Market, 2023 - 2029, USD Million
TABLE 55 UK Micromotor Market by Application, 2019 - 2022, USD Million
TABLE 56 UK Micromotor Market by Application, 2023 - 2029, USD Million
TABLE 57 UK Micromotor Market by Type, 2019 - 2022, USD Million
TABLE 58 UK Micromotor Market by Type, 2023 - 2029, USD Million
TABLE 59 UK Micromotor Market by Technology, 2019 - 2022, USD Million
TABLE 60 UK Micromotor Market by Technology, 2023 - 2029, USD Million
TABLE 61 UK Micromotor Market by Power Consumption, 2019 - 2022, USD Million
TABLE 62 UK Micromotor Market by Power Consumption, 2023 - 2029, USD Million
TABLE 63 France Micromotor Market, 2019 - 2022, USD Million
TABLE 64 France Micromotor Market, 2023 - 2029, USD Million
TABLE 65 France Micromotor Market by Application, 2019 - 2022, USD Million
TABLE 66 France Micromotor Market by Application, 2023 - 2029, USD Million
TABLE 67 France Micromotor Market by Type, 2019 - 2022, USD Million
TABLE 68 France Micromotor Market by Type, 2023 - 2029, USD Million
TABLE 69 France Micromotor Market by Technology, 2019 - 2022, USD Million
TABLE 70 France Micromotor Market by Technology, 2023 - 2029, USD Million
TABLE 71 France Micromotor Market by Power Consumption, 2019 - 2022, USD Million
TABLE 72 France Micromotor Market by Power Consumption, 2023 - 2029, USD Million
TABLE 73 Russia Micromotor Market, 2019 - 2022, USD Million
TABLE 74 Russia Micromotor Market, 2023 - 2029, USD Million
TABLE 75 Russia Micromotor Market by Application, 2019 - 2022, USD Million
TABLE 76 Russia Micromotor Market by Application, 2023 - 2029, USD Million
TABLE 77 Russia Micromotor Market by Type, 2019 - 2022, USD Million
TABLE 78 Russia Micromotor Market by Type, 2023 - 2029, USD Million
TABLE 79 Russia Micromotor Market by Technology, 2019 - 2022, USD Million
TABLE 80 Russia Micromotor Market by Technology, 2023 - 2029, USD Million
TABLE 81 Russia Micromotor Market by Power Consumption, 2019 - 2022, USD Million
TABLE 82 Russia Micromotor Market by Power Consumption, 2023 - 2029, USD Million
TABLE 83 Spain Micromotor Market, 2019 - 2022, USD Million
TABLE 84 Spain Micromotor Market, 2023 - 2029, USD Million
TABLE 85 Spain Micromotor Market by Application, 2019 - 2022, USD Million
TABLE 86 Spain Micromotor Market by Application, 2023 - 2029, USD Million
TABLE 87 Spain Micromotor Market by Type, 2019 - 2022, USD Million
TABLE 88 Spain Micromotor Market by Type, 2023 - 2029, USD Million
TABLE 89 Spain Micromotor Market by Technology, 2019 - 2022, USD Million
TABLE 90 Spain Micromotor Market by Technology, 2023 - 2029, USD Million
TABLE 91 Spain Micromotor Market by Power Consumption, 2019 - 2022, USD Million
TABLE 92 Spain Micromotor Market by Power Consumption, 2023 - 2029, USD Million
TABLE 93 Italy Micromotor Market, 2019 - 2022, USD Million
TABLE 94 Italy Micromotor Market, 2023 - 2029, USD Million
TABLE 95 Italy Micromotor Market by Application, 2019 - 2022, USD Million
TABLE 96 Italy Micromotor Market by Application, 2023 - 2029, USD Million
TABLE 97 Italy Micromotor Market by Type, 2019 - 2022, USD Million
TABLE 98 Italy Micromotor Market by Type, 2023 - 2029, USD Million
TABLE 99 Italy Micromotor Market by Technology, 2019 - 2022, USD Million
TABLE 100 Italy Micromotor Market by Technology, 2023 - 2029, USD Million
TABLE 101 Italy Micromotor Market by Power Consumption, 2019 - 2022, USD Million
TABLE 102 Italy Micromotor Market by Power Consumption, 2023 - 2029, USD Million
TABLE 103 Rest of Europe Micromotor Market, 2019 - 2022, USD Million
TABLE 104 Rest of Europe Micromotor Market, 2023 - 2029, USD Million
TABLE 105 Rest of Europe Micromotor Market by Application, 2019 - 2022, USD Million
TABLE 106 Rest of Europe Micromotor Market by Application, 2023 - 2029, USD Million
TABLE 107 Rest of Europe Micromotor Market by Type, 2019 - 2022, USD Million
TABLE 108 Rest of Europe Micromotor Market by Type, 2023 - 2029, USD Million
TABLE 109 Rest of Europe Micromotor Market by Technology, 2019 - 2022, USD Million
TABLE 110 Rest of Europe Micromotor Market by Technology, 2023 - 2029, USD Million
TABLE 111 Rest of Europe Micromotor Market by Power Consumption, 2019 - 2022, USD Million
TABLE 112 Rest of Europe 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 Europe Micromotor Market Share by Application, 2022
FIG 4 Europe Micromotor Market Share by Application, 2029
FIG 5 Europe Micromotor Market by Application, 2019 - 2029, USD Million
FIG 6 Europe Micromotor Market Share by Type, 2022
FIG 7 Europe Micromotor Market Share by Type, 2029
FIG 8 Europe Micromotor Market by Type, 2019 - 2029, USD Million
FIG 9 Europe Micromotor Market Share by Technology, 2022
FIG 10 Europe Micromotor Market Share by Technology, 2029
FIG 11 Europe Micromotor Market by Technology, 2019 - 2029, USD Million
FIG 12 Europe Micromotor Market Share by Power Consumption, 2022
FIG 13 Europe Micromotor Market Share by Power Consumption, 2029
FIG 14 Europe Micromotor Market by Power Consumption, 2019 - 2029, USD Million
FIG 15 Europe Micromotor Market Share by Country, 2022
FIG 16 Europe Micromotor Market Share by Country, 2029
FIG 17 Europe Micromotor Market by Country, 2019 - 2029, USD Million
FIG 18 SWOT Analysis: ABB Group
FIG 19 Swot analysis: Siemens AG