Small Motor Market
Small Motor Market Study by DC Brush Motors (Cored and Coreless), Vibration Motors, Brushless DC Motors, PM Stepper Motors, HB Stepper Motors, DC Axial Fans, and AC Induction Motors from 2023 to 2033
Analysis of Small Motor Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Small Motor Market Outlook (2023 to 2033)
Worldwide sales of small motors in 2023 are estimated at US$ 11.3 billion and are projected to reach US$ 13.78 billion by the end of 2033. As revealed by Fact.MR, the global small motor market is forecasted to expand at 2% CAGR over the next ten years (2023 to 2033).
Small motors are just compact versions of full-sized motors with a lower capacity and torque. However, advancements in technology have made these small motors incredibly powerful in recent years and they are expected to match the capabilities of full-sized motors in a much more compact form.
Low power consumption and cost-effective nature are the prime small motor benefits that are promulgating their sales across the world in different applications. The surging adoption of automation in different industries is also projected to uplift shipments of small motors as they are compliant with automation standards.
Increasing preference for compact devices among consumers around the world and the rising popularity of the electronics miniaturization trend are also extrapolated to favor small motor market development in the long run. Low replacement costs, high efficiency, and longer lifespan are some other pros of opting for small motors that could bolster market growth over the coming years.
Growing investments in research and development of novel motor technologies are also projected to open up new avenues of opportunities for small motor producers across the study period and beyond. Surging sales of small motors are also slated to favor demand for small motor accessories, small motor parts, and small motor repair and replacement services in the future.
- In 2023, researchers at MIT (Massachusetts Institute of Technology) revealed that they were working on a new type of megawatt electric motor to revolutionize the future of aviation as the airline industry focuses on reducing its carbon footprint.
On the flip side, fluctuations in raw material pricing and the imposition of stringent regulations on the import and export of industrial goods are projected to be key challenges that small motor companies will have to overcome over the next ten years to improve their business potential.
| Report Attributes | Details |
|---|---|
| Small Motor Market Size (2023) | US$ 11.3 Billion |
| Projected Market Value (2033F) | US$ 13.78 Billion |
| Global Market Growth Rate (2023 to 2033) | 2% CAGR |
| Revenue Share of DC Supply Source (2033F) | >60% |
| Key Companies Profiled | Bosch Rexroth AG; Siemens AG; Electrocraft Inc.; Moons Industries America Inc.; NIDEC Corp.; Johnson Electric Holdings Limited; MinebeaMitsumi Inc.; Schneider Electric SE; Shinano Kenshi Co. Ltd.; ABB Ltd.; AMETEK Inc.; Toshiba Corporation |
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How Can Start-ups Gain Ground in the Small Motor Market?
“Electrification of All Industry Verticals Offering Bankable Opportunities for New Companies”
Imaginginiing an all-electric world without motors of all shapes and sizes could be a difficult task since motors are essentially used in almost all types of electronic devices on some level from development in factories to use in the hands of consumers. Electrification of different industry verticals to promote sustainability is creating a highly remunerative business scope for incoming small motor providers.
- In March 2023, Kite Magnetics, a new company from Melbourne, Australia focusing on electrification in the aerospace industry, announced the launch of its new 120kW electric motor at the Avalon Air Show. The new motor is compact and lightweight intended to extend the range of electric aircraft.
- In December 2022, Foxtini, an Indian electric motor engineering company that has successfully commercialized the Axial Flux BLDC electric motor, announced that it was expanding in European markets. The company had bagged an export order from Arihant s.r.l, a cleaning machine manufacturer based in Italy.
- In May 2021, EVR Motors, an Israeli motor start-up unveiled its novel compact and lightweight electric motor. The new product was based on TSRF (Trapezoidal Stator Radial Flux), a patented topology by EVR Motors.
Learn more about how start-ups can learn more about aspects such as local supply, pricing trends, product standards, safety regulations, and new developments in this small motor market research analysis by skilled analysts at Fact.MR, a market research and competitive intelligence provider.
Country-wise Insights
North American and European countries are projected to remain highly profitable markets in the world but small motor suppliers looking to diversify their business across the world should invest in Asian countries.
Why Should Small Motor Companies Focus on China?
“Surging Demand for Small Motors for Different Applications”
China has emerged as a leading manufacturing hub in the Asian part of the world and continual efforts of the Chinese government to bolster its manufacturing activity are projected to help it maintain its lead in the Asian region. The surging use of small motors in consumer electronics and consumer appliances is forecasted to present a good opportunity for small motor distributors in China over the next ten years and beyond.
Increasing investments in healthcare infrastructure development are also slated to boost demand for different surgical tools and equipment powered by small motors, which could create new opportunities for small motor suppliers through 2033.
What Makes Germany a Bankable Market for Small Motor Companies?
“High Demand for Electric Motors from Automotive Industry”
Small motors are extensively used in a vehicle for various purposes and this is projected to be a key factor in promoting small motor sales in Germany as the country is a hub for automotive manufacturing in the European region. The presence of key automotive giants such as Audi, BMW, and Volkswagen is also forecasted to benefit market growth in the country going forward.
Use of small motors to operate power windows, windshield wipers, electric seats, and other components in a vehicle is predicted to augment demand growth in Germany across the study period. Small motor suppliers in the country are focusing on product innovation to expand the scope of application for small motors.
- In September 2023, ZF Friedrichshafen AG, a renowned supplier of different systems for vehicles and industrial applications, developed a new type of electric motor without magnets. The new motor transmits the energy of a magnetic field through an inductive exciter present inside the rotor shaft making it different from other concepts of separately excited synchronous motors (SESMs).
How Opportune is the United States Market for Small Motor Companies?
“High Popularity of DIY Trend Creating New Market Growth Opportunities”
The DIY (do-it-yourself) trend has been gaining massive popularity in the United States and is projected to be a key contributor to small motor sales in the country going forward. As more people opt for DIY projects, the demand for power tools using small motors is also estimated to surge thereby driving market growth over the coming years.
Surging spending on consumer electronics and the rising use of small motors in HVAC systems are also forecasted to bolster shipments of small motors in the United States throughout the forecast period and beyond.
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Category-wise Insights
Small motor companies are focusing on supplying small motors for consumer electronics as their sales soar high in all parts of the world owing to increasing urbanization and digitization.
Which Industry Widely Uses Small Motors?
“Majority of Small Motors to Be Used in Consumer Electronics”
The demand for consumer electronics has skyrocketed around the world in recent years, particularly in developing economies where increasing disposable income of middle-class consumers has been driving sales of various gadgets including TVs, tablets, smartphones, smartwatches, and wearables. The use of small motors in some capacity in all of the aforementioned consumer electronics is projected to favor demand in the future.
Competitive Landscape
Small motor manufacturers are focusing on developing and launching new motors with advanced capabilities and better power to enhance their sales potential.
- In July 2023, Delta Line, a renowned supplier of motion technology and solutions, announced the launch of a new portfolio of Brushed Permanent Magnet DC motors with high torque capacity. The motors are available in 3 sizes namely 63DI, 42DI, and 52DI.
- In April 2023, Portescap, a leading name in miniature motor manufacturing, announced the launch of a new brushless DC motor for use in surgical hand tools. 30ECA64 Ultra EC is available in cannulated as well as non-cannulated options.
Small motor vendors are also focusing on supplying products for specific applications to improve revenue generation and gain a competitive edge over other market players.
- In November 2021, Maxon Motors, a Swiss manufacturer and distributor of precision motor systems, announced the launch of its new frameless motor range. The ECX flat motors are suitable for a wide range of robotics applications and other uses.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Key Segments of Small Motor Market Research
-
By Product Type :
- DC Brush Motors (Cored)
- DC Brush Motors (Coreless)
- Vibration Motors
- Brushless DC Motors
- PM Stepper Motors
- HB Stepper Motors
- DC Axial Fans
- AC Induction Motors
-
By Supply Source :
- AC
- DC
-
By Application :
- Industrial Drives
- Consumer Electronics
- Consumer Appliances
- Aerospace
- Healthcare
- HVAC
- Others
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
Table of Content
- 1. Global Market - Executive Summary
- 2. Global Market Overview
- 3. Global Market Analysis and Forecast, 2018 to 2033
- 3.1. Global Market Size and Forecast by Product Type, 2018 to 2033
- 3.1.1. DC Brush Motors (Cored)
- 3.1.2. DC Brush Motors (Coreless)
- 3.1.3. Vibration Motors
- 3.1.4. Brushless DC Motors
- 3.1.5. PM Stepper Motors
- 3.1.6. HB Stepper Motors
- 3.1.7. DC Axial Fans
- 3.1.8. AC Induction Motors
- 3.2. Global Market Size and Forecast by Supply Source Type, 2018 to 2033
- 3.2.1. AC
- 3.2.2. DC Centers
- 3.3. Global Market Size and Forecast by Application, 2018 to 2033
- 3.3.1. Industrial Drives
- 3.3.2. Consumer Electronics
- 3.3.3. Consumer Appliances
- 3.3.4. Aerospace
- 3.3.5. Healthcare
- 3.3.6. HVAC
- 3.3.7. Others
- 3.1. Global Market Size and Forecast by Product Type, 2018 to 2033
- 4. North America Market Size and Forecast, 2018 to 2033
- 5. Latin America Market Size and Forecast, 2018 to 2033
- 6. Europe Market Size and Forecast, 2018 to 2033
- 7. Japan Market Size and Forecast, 2018 to 2033
- 8. APEJ Market Size and Forecast, 2018 to 2033
- 9. MEA Market Size and Forecast, 2018 to 2033
- 10. Global Market Company Share, Competition Landscape and Company Profiles
- 10.1. ABB Ltd
- 10.2. AMETEK, Inc.
- 10.3. Bosch Rexroth AG
- 10.4. Electrocraft Inc.
- 10.5. Johnson Electric Holdings Limited
- 10.6. MinebeaMitsumi Inc.
- 10.7. Moons Industries America Inc.
- 10.8. NIDEC Corp.
- 10.9. Schneider Electric SE
- 10.10. Shinano Kenshi Co. Ltd.
- 10.11. Siemens AG
- 10.12. Toshiba Corporation
- 11. Research Methodology
- 12. Secondary and Primary Sources
- 13. Assumptions and Acronyms
- 14. Disclaimer
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List Of Table
TABLE 01: Global Market Value (US$ Mn), 2018 to 2022
TABLE 02: Global Market Value (US$ Mn), 2023 to 2033
TABLE 03: Global Market Value (US$ Mn) and Y-o-Y, 2018 to 2033
TABLE 04: Global DC Brush Motors (cored) Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 05: Global DC Brush Motors (cored) Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 06: Global DC Brush Motors (cored) Segment Market Share, By Region 2018 to 2022
TABLE 07: Global DC Brush Motors (cored) Segment Market Share, By Region 2023 to 2033
TABLE 08: Global DC Brush Motors (cored) Segment Y-o-Y, By Region 2018 to 2033
TABLE 09: Global DC Brush Motors (coreless) Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 10: Global DC Brush Motors (coreless) Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 11: Global DC Brush Motors (coreless) Segment Market Share, By Region 2018 to 2022
TABLE 12: Global DC Brush Motors (coreless) Segment Market Share, By Region 2023 to 2033
TABLE 13: Global DC Brush Motors (coreless) Segment Y-o-Y, By Region 2018 to 2033
TABLE 14: Global Vibration Motors Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 15: Global Vibration Motors Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 16: Global Vibration Motors Segment Market Share, By Region 2018 to 2022
TABLE 17: Global Vibration Motors Segment Market Share, By Region 2023 to 2033
TABLE 18: Global Vibration Motors Segment Y-o-Y, By Region 2018 to 2033
TABLE 19: Global Brushless DC Motors Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 20: Global Brushless DC Motors Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 21: Global Brushless DC Motors Segment Market Share, By Region 2018 to 2022
TABLE 22: Global Brushless DC Motors Segment Market Share, By Region 2023 to 2033
TABLE 23: Global Brushless DC Motors Segment Y-o-Y, By Region 2018 to 2033
TABLE 24: Global PM Stepper Motors Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 25: Global PM Stepper Motors Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 26: Global PM Stepper Motors Segment Market Share, By Region 2018 to 2022
TABLE 27: Global PM Stepper Motors Segment Market Share, By Region 2023 to 2033
TABLE 28: Global PM Stepper Motors Segment Y-o-Y, By Region 2018 to 2033
TABLE 29: Global HB Stepper Motors Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 30: Global HB Stepper Motors Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 31: Global HB Stepper Motors Segment Market Share, By Region 2018 to 2022
TABLE 32: Global HB Stepper Motors Segment Market Share, By Region 2023 to 2033
TABLE 33: Global HB Stepper Motors Segment Y-o-Y, By Region 2018 to 2033
TABLE 34: Global DC Axial Fans Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 35: Global DC Axial Fans Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 36: Global DC Axial Fans Segment Market Share, By Region 2018 to 2022
TABLE 37: Global DC Axial Fans Segment Market Share, By Region 2023 to 2033
TABLE 38: Global DC Axial Fans Segment Y-o-Y, By Region 2018 to 2033
TABLE 39: Global AC Induction Motors Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 40: Global AC Induction Motors Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 41: Global AC Induction Motors Segment Market Share, By Region 2018 to 2022
TABLE 42: Global AC Induction Motors Segment Market Share, By Region 2023 to 2033
TABLE 43: Global AC Induction Motors Segment Y-o-Y, By Region 2018 to 2033
TABLE 44: Global AC Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 45: Global AC Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 46: Global AC Segment Market Share, By Region 2018 to 2022
TABLE 47: Global AC Segment Market Share, By Region 2023 to 2033
TABLE 48: Global AC Segment Y-o-Y, By Region 2018 to 2033
TABLE 49: Global DC Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 50: Global DC Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 51: Global DC Segment Market Share, By Region 2018 to 2022
TABLE 52: Global DC Segment Market Share, By Region 2023 to 2033
TABLE 53: Global DC Segment Y-o-Y, By Region 2018 to 2033
TABLE 54: Global Industrial Drives Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 55: Global Industrial Drives Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 56: Global Industrial Drives Segment Market Share, By Region 2018 to 2022
TABLE 57: Global Industrial Drives Segment Market Share, By Region 2023 to 2033
TABLE 58: Global Industrial Drives Segment Y-o-Y, By Region 2018 to 2033
TABLE 59: Global Consumer Electronics Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 60: Global Consumer Electronics Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 61: Global Consumer Electronics Segment Market Share, By Region 2018 to 2022
TABLE 62: Global Consumer Electronics Segment Market Share, By Region 2023 to 2033
TABLE 63: Global Consumer Electronics Segment Y-o-Y, By Region 2018 to 2033
TABLE 64: Global Consumer Appliances Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 65: Global Consumer Appliances Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 66: Global Consumer Appliances Segment Market Share, By Region 2018 to 2022
TABLE 67: Global Consumer Appliances Segment Market Share, By Region 2023 to 2033
TABLE 68: Global Consumer Appliances Segment Y-o-Y, By Region 2018 to 2033
TABLE 69: Global Aerospace Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 70: Global Aerospace Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 71: Global Aerospace Segment Market Share, By Region 2018 to 2022
TABLE 72: Global Aerospace Segment Market Share, By Region 2023 to 2033
TABLE 73: Global Aerospace Segment Y-o-Y, By Region 2018 to 2033
TABLE 74: Global Healthcare Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 75: Global Healthcare Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 76: Global Healthcare Segment Market Share, By Region 2018 to 2022
TABLE 77: Global Healthcare Segment Market Share, By Region 2023 to 2033
TABLE 78: Global Healthcare Segment Y-o-Y, By Region 2018 to 2033
TABLE 79: Global HVAC Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 80: Global HVAC Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 81: Global HVAC Segment Market Share, By Region 2018 to 2022
TABLE 82: Global HVAC Segment Market Share, By Region 2023 to 2033
TABLE 83: Global HVAC Segment Y-o-Y, By Region 2018 to 2033
TABLE 84: Global Others Segment Value (US$ Mn), By Region 2018 to 2022
TABLE 85: Global Others Segment Value (US$ Mn), By Region 2023 to 2033
TABLE 86: Global Others Segment Market Share, By Region 2018 to 2022
TABLE 87: Global Others Segment Market Share, By Region 2023 to 2033
TABLE 88: Global Others Segment Y-o-Y, By Region 2018 to 2033
TABLE 89: North America Market Value (US$ Mn), By Country 2018 to 2022
TABLE 90: North America Market Value (US$ Mn), By Country 2023 to 2033
TABLE 91: North America Market Value (US$ Mn), By Product Type 2018 to 2022
TABLE 92: North America Market Value (US$ Mn), By Product Type 2023 to 2033
TABLE 93: North America Market Value (US$ Mn), By Supply Source 2018 to 2022
TABLE 94: North America Market Value (US$ Mn), By Supply Source 2023 to 2033
TABLE 95: North America Market Value (US$ Mn), By Application 2018 to 2022
TABLE 96: North America Market Value (US$ Mn), By Application 2023 to 2033
TABLE 97: Latin America Market Value (US$ Mn), By Country 2018 to 2022
TABLE 98: Latin America Market Value (US$ Mn), By Country 2023 to 2033
TABLE 99: Latin America Market Value (US$ Mn), By Product Type 2018 to 2022
TABLE 100: Latin America Market Value (US$ Mn), By Product Type 2023 to 2033
TABLE 101: Latin America Market Value (US$ Mn), By Supply Source 2018 to 2022
TABLE 102: Latin America Market Value (US$ Mn), By Supply Source 2023 to 2033
TABLE 103: Latin America Market Value (US$ Mn), By Application 2018 to 2022
TABLE 104: Latin America Market Value (US$ Mn), By Application 2023 to 2033
TABLE 105: Europe Market Value (US$ Mn), By Country 2018 to 2022
TABLE 106: Europe Market Value (US$ Mn), By Country 2023 to 2033
TABLE 107: Europe Market Value (US$ Mn), By Product Type 2018 to 2022
TABLE 108: Europe Market Value (US$ Mn), By Product Type 2023 to 2033
TABLE 109: Europe Market Value (US$ Mn), By Supply Source 2018 to 2022
TABLE 110: Europe Market Value (US$ Mn), By Supply Source 2023 to 2033
TABLE 111: Europe Market Value (US$ Mn), By Application 2018 to 2022
TABLE 112: Europe Market Value (US$ Mn), By Application 2023 to 2033
TABLE 113: Japan Market Value (US$ Mn), By Country 2018 to 2022
TABLE 114: Japan Market Value (US$ Mn), By Country 2023 to 2033
TABLE 115: Japan Market Value (US$ Mn), By Product Type 2018 to 2022
TABLE 116: Japan Market Value (US$ Mn), By Product Type 2023 to 2033
TABLE 117: Japan Market Value (US$ Mn), By Supply Source 2018 to 2022
TABLE 118: Japan Market Value (US$ Mn), By Supply Source 2023 to 2033
TABLE 119: Japan Market Value (US$ Mn), By Application 2018 to 2022
TABLE 120: Japan Market Value (US$ Mn), By Application 2023 to 2033
TABLE 121: APEJ Market Value (US$ Mn), By Country 2018 to 2022
TABLE 122: APEJ Market Value (US$ Mn), By Country 2023 to 2033
TABLE 123: APEJ Market Value (US$ Mn), By Product Type 2018 to 2022
TABLE 124: APEJ Market Value (US$ Mn), By Product Type 2023 to 2033
TABLE 125: APEJ Market Value (US$ Mn), By Supply Source 2018 to 2022
TABLE 126: APEJ Market Value (US$ Mn), By Supply Source 2023 to 2033
TABLE 127: APEJ Market Value (US$ Mn), By Application 2018 to 2022
TABLE 128: APEJ Market Value (US$ Mn), By Application 2023 to 2033
TABLE 129: MEA Market Value (US$ Mn), By Country 2018 to 2022
TABLE 130: MEA Market Value (US$ Mn), By Country 2023 to 2033
TABLE 131: MEA Market Value (US$ Mn), By Product Type 2018 to 2022
TABLE 132: MEA Market Value (US$ Mn), By Product Type 2023 to 2033
TABLE 133: MEA Market Value (US$ Mn), By Supply Source 2018 to 2022
TABLE 134: MEA Market Value (US$ Mn), By Supply Source 2023 to 2033
TABLE 135: MEA Market Value (US$ Mn), By Application 2018 to 2022
TABLE 136: MEA Market Value (US$ Mn), By Application 2023 to 2033
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List Of Figures
FIG. 01: Global Market Value (US$ Mn), 2018 to 2022
FIG. 02: Global Market Value (US$ Mn) Forecast, 2023 to 2033
FIG. 03: Global Market Value (US$ Mn) and Y-o-Y, 2018 to 2033
FIG. 04: Global DC Brush Motors (cored) Segment Market Value (US$ Mn) By Region, 2018 to 2022
FIG. 05: Global DC Brush Motors (cored) Segment Market Value (US$ Mn) By Region, 2023 to 2033
FIG. 06: Global DC Brush Motors (cored) Segment Y-o-Y Growth Rate, By Region, 2018 to 2033
FIG. 07: Global DC Brush Motors (coreless) Segment Market Value (US$ Mn) By Region, 2018 to 2022
FIG. 08: Global DC Brush Motors (coreless) Segment Market Value (US$ Mn) By Region, 2023 to 2033
FIG. 09: Global DC Brush Motors (coreless) Segment Y-o-Y Growth Rate, By Region, 2018 to 2033
FIG. 10: Global Vibration Motors Segment Market Value (US$ Mn) By Region, 2018 to 2022
FIG. 11: Global Vibration Motors Segment Market Value (US$ Mn) By Region, 2023 to 2033
FIG. 12: Global Vibration Motors Segment Y-o-Y Growth Rate, By Region, 2018 to 2033
FIG. 13: Global Brushless DC Motors Segment Market Value (US$ Mn) By Region, 2018 to 2022
FIG. 14: Global Brushless DC Motors Segment Market Value (US$ Mn) By Region, 2023 to 2033
FIG. 15: Global Brushless DC Motors Segment Y-o-Y Growth Rate, By Region, 2018 to 2033
FIG. 16: Global PM Stepper Motors Segment Market Value (US$ Mn) By Region, 2018 to 2022
FIG. 17: Global PM Stepper Motors Segment Market Value (US$ Mn) By Region, 2023 to 2033
FIG. 18: Global PM Stepper Motors Segment Y-o-Y Growth Rate, By Region, 2018 to 2033
FIG. 19: Global HB Stepper Motors Segment Market Value (US$ Mn) By Region, 2018 to 2022
FIG. 20: Global HB Stepper Motors Segment Market Value (US$ Mn) By Region, 2023 to 2033
FIG. 21: Global HB Stepper Motors Segment Y-o-Y Growth Rate, By Region, 2018 to 2033
FIG. 22: Global DC Axial Fans Segment Market Value (US$ Mn) By Region, 2018 to 2022
FIG. 23: Global DC Axial Fans Segment Market Value (US$ Mn) By Region, 2023 to 2033
FIG. 24: Global DC Axial Fans Segment Y-o-Y Growth Rate, By Region, 2018 to 2033
FIG. 25: Global AC Induction Motors Segment Market Value (US$ Mn) By Region, 2018 to 2022
FIG. 26: Global AC Induction Motors Segment Market Value (US$ Mn) By Region, 2023 to 2033
FIG. 27: Global AC Induction Motors Segment Y-o-Y Growth Rate, By Region, 2018 to 2033
FIG. 28: Global AC Segment Market Value (US$ Mn) By Region, 2018 to 2022
FIG. 29: Global AC Segment Market Value (US$ Mn) By Region, 2023 to 2033
FIG. 30: Global AC Segment Y-o-Y Growth Rate, By Region, 2018 to 2033
FIG. 31: Global DC Segment Market Value (US$ Mn) By Region, 2018 to 2022
FIG. 32: Global DC Segment Market Value (US$ Mn) By Region, 2023 to 2033
FIG. 33: Global DC Segment Y-o-Y Growth Rate, By Region, 2018 to 2033
FIG. 34: Global Industrial Drives Segment Market Value (US$ Mn) By Region, 2018 to 2022
FIG. 35: Global Industrial Drives Segment Market Value (US$ Mn) By Region, 2023 to 2033
FIG. 36: Global Industrial Drives Segment Y-o-Y Growth Rate, By Region, 2018 to 2033
FIG. 37: Global Consumer Electronics Segment Market Value (US$ Mn) By Region, 2018 to 2022
FIG. 38: Global Consumer Electronics Segment Market Value (US$ Mn) By Region, 2023 to 2033
FIG. 39: Global Consumer Electronics Segment Y-o-Y Growth Rate, By Region, 2018 to 2033
FIG. 40: Global Consumer Appliances Segment Market Value (US$ Mn) By Region, 2018 to 2022
FIG. 41: Global Consumer Appliances Segment Market Value (US$ Mn) By Region, 2023 to 2033
FIG. 42: Global Consumer Appliances Segment Y-o-Y Growth Rate, By Region, 2018 to 2033
FIG. 43: Global Aerospace Segment Market Value (US$ Mn) By Region, 2018 to 2022
FIG. 44: Global Aerospace Segment Market Value (US$ Mn) By Region, 2023 to 2033
FIG. 45: Global Aerospace Segment Y-o-Y Growth Rate, By Region, 2018 to 2033
FIG. 46: Global Healthcare Segment Market Value (US$ Mn) By Region, 2018 to 2022
FIG. 47: Global Healthcare Segment Market Value (US$ Mn) By Region, 2023 to 2033
FIG. 48: Global Healthcare Segment Y-o-Y Growth Rate, By Region, 2018 to 2033
FIG. 49: Global HVAC Segment Market Value (US$ Mn) By Region, 2018 to 2022
FIG. 50: Global HVAC Segment Market Value (US$ Mn) By Region, 2023 to 2033
FIG. 51: Global HVAC Segment Y-o-Y Growth Rate, By Region, 2018 to 2033
FIG. 52: Global Others Segment Market Value (US$ Mn) By Region, 2018 to 2022
FIG. 53: Global Others Segment Market Value (US$ Mn) By Region, 2023 to 2033
FIG. 54: Global Others Segment Y-o-Y Growth Rate, By Region, 2018 to 2033
FIG. 55: North America Market Value (US$ Mn), By Country 2018 to 2022
FIG. 56: North America Market Value (US$ Mn), By Country 2023 to 2033
FIG. 57: North America Market Value (US$ Mn), By Product Type 2018 to 2022
FIG. 58: North America Market Value (US$ Mn), By Product Type 2023 to 2033
FIG. 59: North America Market Value (US$ Mn), By Supply Source 2018 to 2022
FIG. 60: North America Market Value (US$ Mn), By Supply Source 2023 to 2033
FIG. 61: North America Market Value (US$ Mn), By Application 2018 to 2022
FIG. 62: North America Market Value (US$ Mn), By Application 2023 to 2033
FIG. 63: Latin America Market Value (US$ Mn), By Country 2018 to 2022
FIG. 64: Latin America Market Value (US$ Mn), By Country 2023 to 2033
FIG. 65: Latin America Market Value (US$ Mn), By Product Type 2018 to 2022
FIG. 66: Latin America Market Value (US$ Mn), By Product Type 2023 to 2033
FIG. 67: Latin America Market Value (US$ Mn), By Supply Source 2018 to 2022
FIG. 68: Latin America Market Value (US$ Mn), By Supply Source 2023 to 2033
FIG. 69: Latin America Market Value (US$ Mn), By Application 2018 to 2022
FIG. 70: Latin America Market Value (US$ Mn), By Application 2023 to 2033
FIG. 71: Europe Market Value (US$ Mn), By Country 2018 to 2022
FIG. 72: Europe Market Value (US$ Mn), By Country 2023 to 2033
FIG. 73: Europe Market Value (US$ Mn), By Product Type 2018 to 2022
FIG. 74: Europe Market Value (US$ Mn), By Product Type 2023 to 2033
FIG. 75: Europe Market Value (US$ Mn), By Supply Source 2018 to 2022
FIG. 76: Europe Market Value (US$ Mn), By Supply Source 2023 to 2033
FIG. 77: Europe Market Value (US$ Mn), By Application 2018 to 2022
FIG. 78: Europe Market Value (US$ Mn), By Application 2023 to 2033
FIG. 79: Japan Market Value (US$ Mn), By Country 2018 to 2022
FIG. 80: Japan Market Value (US$ Mn), By Country 2023 to 2033
FIG. 81: Japan Market Value (US$ Mn), By Product Type 2018 to 2022
FIG. 82: Japan Market Value (US$ Mn), By Product Type 2023 to 2033
FIG. 83: Japan Market Value (US$ Mn), By Application 2018 to 2022
FIG. 84: Japan Market Value (US$ Mn), By Supply Source 2023 to 2033
FIG. 85: Japan Market Value (US$ Mn), By Application 2018 to 2022
FIG. 86: Japan Market Value (US$ Mn), By Application 2023 to 2033
FIG. 87: APEJ Market Value (US$ Mn), By Country 2018 to 2022
FIG. 88: APEJ Market Value (US$ Mn), By Country 2023 to 2033
FIG. 89: APEJ Market Value (US$ Mn), By Product Type 2018 to 2022
FIG. 90: APEJ Market Value (US$ Mn), By Product Type 2023 to 2033
FIG. 91: APEJ Market Value (US$ Mn), By Supply Source 2018 to 2022
FIG. 92: APEJ Market Value (US$ Mn), By Supply Source 2023 to 2033
FIG. 93: APEJ Market Value (US$ Mn), By Application 2018 to 2022
FIG. 94: APEJ Market Value (US$ Mn), By Application 2023 to 2033
FIG. 95: MEA Market Value (US$ Mn), By Country 2018 to 2022
FIG. 96: MEA Market Value (US$ Mn), By Country 2023 to 2033
FIG. 97: MEA Market Value (US$ Mn), By Product Type 2018 to 2022
FIG. 98: MEA Market Value (US$ Mn), By Product Type 2023 to 2033
FIG. 99: MEA Market Value (US$ Mn), By Supply Source 2018 to 2022
FIG. 100: MEA Market Value (US$ Mn), By Supply Source 2023 to 2033
FIG. 101: MEA Market Value (US$ Mn), By Application 2018 to 2022
FIG. 102: MEA Market Value (US$ Mn), By Application 2023 to 2033
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- FAQs -
What is the market size for small motors in 2023?
The global small motor market stands at a value of US$ 11.3 billion in 2023.
How much will small motor demand be in the future?
Small motor sales are forecasted to reach US$ 13.78 billion by 2033-end.
What is the outlook for the small motor market?
Revenue from the sales of small motors is set to increase at 2% CAGR from 2023 to 2033.
What are the uses of small motors?
Small motors are used in consumer electronics, consumer appliances, healthcare devices, etc.
Who are the prime small motor suppliers?
Bosch Rexroth AG, Siemens AG, Electrocraft Inc., Moons Industries America Inc., and NIDEC Corp. are leading small motor manufacturing companies.
Small Motor Market