Small Electric Motors Market Growth, Trends, COVID-19 Impact, and Forecasts 2029

Portescap, Hengshuai Micromotor Company, Ltd, Micro Motors, Kingly Gear, COMMEX are some of the major key players.

Small Electric Motors Market Value and CAGR

The small electric motors market refers to the global market for electric motors that have a power output of less than 1 horsepower (HP). These motors are used in a variety of applications, including consumer electronics, home appliances, automotive systems, industrial machinery, and HVAC systems.

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The market for small electric motors is driven by factors such as increasing demand for energy-efficient and environmentally friendly products, rising automation in industrial and commercial sectors, and the growing popularity of electric vehicles. Additionally, the increasing adoption of small electric motors in the healthcare sector for use in medical devices is expected to contribute to market growth.

 

Small Electric Motors Market Growth Drivers and Risks

Growth Drivers:

  • As the demand for electric vehicles increases, the demand for small electric motors used in these vehicles is also expected to grow.
  • The increasing adoption of automation in various industries is driving the demand for small electric motors in various applications, such as robotics, HVAC systems, and manufacturing equipment.
  • Various energy efficiency regulations, such as the European Union's Ecodesign Directive and the US Energy Independence and Security Act, are promoting the use of energy-efficient products, including small electric motors.

Risks:

  • The prices of raw materials used in the manufacturing of small electric motors, such as copper and steel, can fluctuate significantly and impact the profitability of manufacturers.
  • The small electric motors market is highly competitive, with many manufacturers vying for market share. This can result in pricing pressures and reduced profit margins for manufacturers.
  • The shortage of skilled labor in the manufacturing sector can impact the production capacity of manufacturers, leading to delays in delivery and increased costs.

 

Small Electric Motors Market Keyplayers

By Company

  • Faulhaber
  • Portescap
  • Hengshuai Micromotor Company, Ltd
  • Micro Motors
  • Kingly Gear
  • COMMEX

 

Small Electric Motors Market Segmentations

By Type

  • Up to 10W
  • Up to 50W
  • Up to 100W
  • Greater Than 200W

By Application

  • Electronics
  • Chemical Industry
  • Medical Equipment
  • Industrial Automation
  • Others

 

Table of content

1 Report Overview

1.1 Small Electric Motors Research Scope

1.2 Market Segment by Type

1.2.1 Global Small Electric Motors Market Size Growth Rate by Type, 2017 VS 2021 VS 2028

1.2.2 Up to 10W

1.2.3 Up to 50W

1.2.4 Up to 100W

1.2.5 Greater Than 200W

1.3 Market Segment by Application

1.3.1 Global Small Electric Motors Market Size Growth Rate by Application, 2017 VS 2021 VS 2028

1.3.2 Electronics

1.3.3 Chemical Industry

1.3.4 Medical Equipment

1.3.5 Industrial Automation

1.3.6 Others

1.4 Study Objectives

1.5 Years Considered

 

2 Global Market Production

2.1 Global Small Electric Motors Production Capacity (2017-2028)

2.2 Global Small Electric Motors Production by Region: 2017 VS 2021 VS 2028

2.3 Global Small Electric Motors Production by Region

2.3.1 Global Small Electric Motors Historic Production by Region (2017-2022)

2.3.2 Global Small Electric Motors Forecasted Production by Region (2023-2028)

2.3.3 North America

2.3.4 Europe

2.3.5 Japan

2.3.6 China

2.3.7 South Korea

2.3.8 India

2.4 Market Dynamics

2.4.1 Small Electric Motors Industry Trends

2.4.2 Small Electric Motors Market Drivers

2.4.3 Small Electric Motors Market Challenges

2.4.4 Small Electric Motors Market Restraints

 

3 Global Small Electric Motors Sales

3.1 Global Small Electric Motors Sales Estimates and Forecasts 2017-2028

3.2 Global Small Electric Motors Revenue Estimates and Forecasts 2017-2028

3.3 Global Small Electric Motors Revenue by Region: 2017 VS 2021 VS 2028

3.4 Global Top Small Electric Motors Regions by Sales

3.4.1 Global Top Small Electric Motors Regions by Sales (2017-2022)

3.4.2 Global Top Small Electric Motors Regions by Sales (2023-2028)

3.5 Global Top Small Electric Motors Regions by Revenue

3.5.1 Global Top Small Electric Motors Regions by Revenue (2017-2022)

3.5.2 Global Top Small Electric Motors Regions by Revenue (2023-2028)

3.5.3 North America

3.5.4 Europe

3.5.5 Asia-Pacific

3.5.6 Latin America

3.5.7 Middle East & Africa

Toc Continue………………………..

 

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Published in

Electronics

Published on

May 01, 2023

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