Small Motors Market: Sales Remain High in Consumer Electronics

Posted on 2019-04-26 by Mark Hub in Automotive // 0 Comments

Rockville, USA , 2019-Apr-26 — /EPR Network/ —This detailed research report on the global small motors market is the result of an accurate and reliable research methodology employed to compile the study and assess the crucial drivers, trends, and restraints of small motors market. Primary as well as the secondary research methodologies have been leveraged to obtain significant insights into the global small motors market. Small motors market is slated to touch a value of nearly US$ 9,766 Mn in the year 2026 and exhibit a sluggish CAGR during the period of assessment. Considering the wide scope of the global small motors market and to offer in-depth insights, Fact.MR’s report provides segment-wise analysis and forecast. The global small motors market has been categorized on the basis of product type, supply source, application and region. This segmentation analysis is comprehensive, coupled with a detailed country-wise forecast provided on all parameters.

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The vibration motors segment is vital and accounts for a large portion of the small motors market. The vibration motors segment comprises a third of the revenue share in the small motors market and should gain substantial BPS over the course of the forecast period. The vibration motors segment is expected to cross a value of US$ 3.4 billion in 2026. The vibration motors segment is followed by the DC brush motors (cored) segment in the small motors market. North America contributes roughly a third of the share in the DC brush motors (cored) market and companies are advised to focus their attention on this continent.

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As per the forecast of Fact.MR, the consumer electronics segment is slated to reach a value of nearly US$ 2,520 Mn in 2026. The consumer electronics segment is expected to lose some market value by the end of the year 2026. The largest share is contributed by the North America region in the consumer electronics segment.

Consumer Appliances and Consumer Electronics to Hold Leading Shares in the Small Motors Market

According to the study, consumer electronics and consumer appliances segment collectively held over half share of the small motors market in 2017. Miniaturization has a significant influence on the demand & supply side trends of consumer appliances and consumer electronics, which in turn continues to impact growth of the small motors market.

Promising sales prospects of consumer electronics and appliances in the North America has meant that, demand for small motors in the region continues to remain significant. Additionally, surging focus on the development of a robust communication infrastructure in the region offers lucrative opportunities for the small motors market players in the region.

Other players operating in the global small motors market comprise Xinapse Systems Ltd., Toshiba Medical Systems Corporation, Siemens Healthineers, Sciencesoft USA Corporation, Mirada Medical Limited, Mim Software, Merge Healthcare Incorporated, Koninklijke Philips N.V., INFINITT Healthcare Co., Image Analysis, General Electric Company, Esaote S.P.A, Carestream Health, Aquilab, and AGFA Healthcare.

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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