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

The Latin America, Middle East and Africa Micromotor Market would 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.

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

• 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.

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 Methodology for the research

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

TABLE 1 LAMEA Micromotor Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Micromotor Market, 2023 - 2029, USD Million
TABLE 3 LAMEA Micromotor Market by Application, 2019 - 2022, USD Million
TABLE 4 LAMEA Micromotor Market by Application, 2023 - 2029, USD Million
TABLE 5 LAMEA Industrial Automation Market by Country, 2019 - 2022, USD Million
TABLE 6 LAMEA Industrial Automation Market by Country, 2023 - 2029, USD Million
TABLE 7 LAMEA Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 8 LAMEA Healthcare Market by Country, 2023 - 2029, USD Million
TABLE 9 LAMEA Construction & Mining Market by Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Construction & Mining Market by Country, 2023 - 2029, USD Million
TABLE 11 LAMEA Aircraft Systems Market by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA Aircraft Systems Market by Country, 2023 - 2029, USD Million
TABLE 13 LAMEA Agriculture Equipment System Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Agriculture Equipment System Market by Country, 2023 - 2029, USD Million
TABLE 15 LAMEA Automotive Market by Country, 2019 - 2022, USD Million
TABLE 16 LAMEA Automotive Market by Country, 2023 - 2029, USD Million
TABLE 17 LAMEA Other Application Market by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Other Application Market by Country, 2023 - 2029, USD Million
TABLE 19 LAMEA Micromotor Market by Type, 2019 - 2022, USD Million
TABLE 20 LAMEA Micromotor Market by Type, 2023 - 2029, USD Million
TABLE 21 LAMEA AC Motors Market by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA AC Motors Market by Country, 2023 - 2029, USD Million
TABLE 23 LAMEA DC Motors Market by Country, 2019 - 2022, USD Million
TABLE 24 LAMEA DC Motors Market by Country, 2023 - 2029, USD Million
TABLE 25 LAMEA Micromotor Market by Technology, 2019 - 2022, USD Million
TABLE 26 LAMEA Micromotor Market by Technology, 2023 - 2029, USD Million
TABLE 27 LAMEA Brushed Market by Country, 2019 - 2022, USD Million
TABLE 28 LAMEA Brushed Market by Country, 2023 - 2029, USD Million
TABLE 29 LAMEA Brushless Market by Country, 2019 - 2022, USD Million
TABLE 30 LAMEA Brushless Market by Country, 2023 - 2029, USD Million
TABLE 31 LAMEA Micromotor Market by Power Consumption, 2019 - 2022, USD Million
TABLE 32 LAMEA Micromotor Market by Power Consumption, 2023 - 2029, USD Million
TABLE 33 LAMEA 12-24 V Market by Country, 2019 - 2022, USD Million
TABLE 34 LAMEA 12-24 V Market by Country, 2023 - 2029, USD Million
TABLE 35 LAMEA <11 V Market by Country, 2019 - 2022, USD Million
TABLE 36 LAMEA <11 V Market by Country, 2023 - 2029, USD Million
TABLE 37 LAMEA 25-48 V Market by Country, 2019 - 2022, USD Million
TABLE 38 LAMEA 25-48 V Market by Country, 2023 - 2029, USD Million
TABLE 39 LAMEA >48 V Market by Country, 2019 - 2022, USD Million
TABLE 40 LAMEA >48 V Market by Country, 2023 - 2029, USD Million
TABLE 41 LAMEA Micromotor Market by Country, 2019 - 2022, USD Million
TABLE 42 LAMEA Micromotor Market by Country, 2023 - 2029, USD Million
TABLE 43 Brazil Micromotor Market, 2019 - 2022, USD Million
TABLE 44 Brazil Micromotor Market, 2023 - 2029, USD Million
TABLE 45 Brazil Micromotor Market by Application, 2019 - 2022, USD Million
TABLE 46 Brazil Micromotor Market by Application, 2023 - 2029, USD Million
TABLE 47 Brazil Micromotor Market by Type, 2019 - 2022, USD Million
TABLE 48 Brazil Micromotor Market by Type, 2023 - 2029, USD Million
TABLE 49 Brazil Micromotor Market by Technology, 2019 - 2022, USD Million
TABLE 50 Brazil Micromotor Market by Technology, 2023 - 2029, USD Million
TABLE 51 Brazil Micromotor Market by Power Consumption, 2019 - 2022, USD Million
TABLE 52 Brazil Micromotor Market by Power Consumption, 2023 - 2029, USD Million
TABLE 53 Argentina Micromotor Market, 2019 - 2022, USD Million
TABLE 54 Argentina Micromotor Market, 2023 - 2029, USD Million
TABLE 55 Argentina Micromotor Market by Application, 2019 - 2022, USD Million
TABLE 56 Argentina Micromotor Market by Application, 2023 - 2029, USD Million
TABLE 57 Argentina Micromotor Market by Type, 2019 - 2022, USD Million
TABLE 58 Argentina Micromotor Market by Type, 2023 - 2029, USD Million
TABLE 59 Argentina Micromotor Market by Technology, 2019 - 2022, USD Million
TABLE 60 Argentina Micromotor Market by Technology, 2023 - 2029, USD Million
TABLE 61 Argentina Micromotor Market by Power Consumption, 2019 - 2022, USD Million
TABLE 62 Argentina Micromotor Market by Power Consumption, 2023 - 2029, USD Million
TABLE 63 UAE Micromotor Market, 2019 - 2022, USD Million
TABLE 64 UAE Micromotor Market, 2023 - 2029, USD Million
TABLE 65 UAE Micromotor Market by Application, 2019 - 2022, USD Million
TABLE 66 UAE Micromotor Market by Application, 2023 - 2029, USD Million
TABLE 67 UAE Micromotor Market by Type, 2019 - 2022, USD Million
TABLE 68 UAE Micromotor Market by Type, 2023 - 2029, USD Million
TABLE 69 UAE Micromotor Market by Technology, 2019 - 2022, USD Million
TABLE 70 UAE Micromotor Market by Technology, 2023 - 2029, USD Million
TABLE 71 UAE Micromotor Market by Power Consumption, 2019 - 2022, USD Million
TABLE 72 UAE Micromotor Market by Power Consumption, 2023 - 2029, USD Million
TABLE 73 Saudi Arabia Micromotor Market, 2019 - 2022, USD Million
TABLE 74 Saudi Arabia Micromotor Market, 2023 - 2029, USD Million
TABLE 75 Saudi Arabia Micromotor Market by Application, 2019 - 2022, USD Million
TABLE 76 Saudi Arabia Micromotor Market by Application, 2023 - 2029, USD Million
TABLE 77 Saudi Arabia Micromotor Market by Type, 2019 - 2022, USD Million
TABLE 78 Saudi Arabia Micromotor Market by Type, 2023 - 2029, USD Million
TABLE 79 Saudi Arabia Micromotor Market by Technology, 2019 - 2022, USD Million
TABLE 80 Saudi Arabia Micromotor Market by Technology, 2023 - 2029, USD Million
TABLE 81 Saudi Arabia Micromotor Market by Power Consumption, 2019 - 2022, USD Million
TABLE 82 Saudi Arabia Micromotor Market by Power Consumption, 2023 - 2029, USD Million
TABLE 83 South Africa Micromotor Market, 2019 - 2022, USD Million
TABLE 84 South Africa Micromotor Market, 2023 - 2029, USD Million
TABLE 85 South Africa Micromotor Market by Application, 2019 - 2022, USD Million
TABLE 86 South Africa Micromotor Market by Application, 2023 - 2029, USD Million
TABLE 87 South Africa Micromotor Market by Type, 2019 - 2022, USD Million
TABLE 88 South Africa Micromotor Market by Type, 2023 - 2029, USD Million
TABLE 89 South Africa Micromotor Market by Technology, 2019 - 2022, USD Million
TABLE 90 South Africa Micromotor Market by Technology, 2023 - 2029, USD Million
TABLE 91 South Africa Micromotor Market by Power Consumption, 2019 - 2022, USD Million
TABLE 92 South Africa Micromotor Market by Power Consumption, 2023 - 2029, USD Million
TABLE 93 Nigeria Micromotor Market, 2019 - 2022, USD Million
TABLE 94 Nigeria Micromotor Market, 2023 - 2029, USD Million
TABLE 95 Nigeria Micromotor Market by Application, 2019 - 2022, USD Million
TABLE 96 Nigeria Micromotor Market by Application, 2023 - 2029, USD Million
TABLE 97 Nigeria Micromotor Market by Type, 2019 - 2022, USD Million
TABLE 98 Nigeria Micromotor Market by Type, 2023 - 2029, USD Million
TABLE 99 Nigeria Micromotor Market by Technology, 2019 - 2022, USD Million
TABLE 100 Nigeria Micromotor Market by Technology, 2023 - 2029, USD Million
TABLE 101 Nigeria Micromotor Market by Power Consumption, 2019 - 2022, USD Million
TABLE 102 Nigeria Micromotor Market by Power Consumption, 2023 - 2029, USD Million
TABLE 103 Rest of LAMEA Micromotor Market, 2019 - 2022, USD Million
TABLE 104 Rest of LAMEA Micromotor Market, 2023 - 2029, USD Million
TABLE 105 Rest of LAMEA Micromotor Market by Application, 2019 - 2022, USD Million
TABLE 106 Rest of LAMEA Micromotor Market by Application, 2023 - 2029, USD Million
TABLE 107 Rest of LAMEA Micromotor Market by Type, 2019 - 2022, USD Million
TABLE 108 Rest of LAMEA Micromotor Market by Type, 2023 - 2029, USD Million
TABLE 109 Rest of LAMEA Micromotor Market by Technology, 2019 - 2022, USD Million
TABLE 110 Rest of LAMEA Micromotor Market by Technology, 2023 - 2029, USD Million
TABLE 111 Rest of LAMEA Micromotor Market by Power Consumption, 2019 - 2022, USD Million
TABLE 112 Rest of LAMEA 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 LAMEA Micromotor Market Share by Application, 2022
FIG 4 LAMEA Micromotor Market Share by Application, 2029
FIG 5 LAMEA Micromotor Market by Application, 2019 - 2029, USD Million
FIG 6 LAMEA Micromotor Market Share by Type, 2022
FIG 7 LAMEA Micromotor Market Share by Type, 2029
FIG 8 LAMEA Micromotor Market by Type, 2019 - 2029, USD Million
FIG 9 LAMEA Micromotor Market Share by Technology, 2022
FIG 10 LAMEA Micromotor Market Share by Technology, 2029
FIG 11 LAMEA Micromotor Market by Technology, 2019 - 2029, USD Million
FIG 12 LAMEA Micromotor Market Share by Power Consumption, 2022
FIG 13 LAMEA Micromotor Market Share by Power Consumption, 2029
FIG 14 LAMEA Micromotor Market by Power Consumption, 2019 - 2029, USD Million
FIG 15 LAMEA Micromotor Market Share by Country, 2022
FIG 16 LAMEA Micromotor Market Share by Country, 2029
FIG 17 LAMEA Micromotor Market by Country, 2019 - 2029, USD Million
FIG 18 SWOT Analysis: ABB Group
FIG 19 Swot analysis: Siemens AG