Vibration Motors Market: Brushed Coin Motors to Remain the Most Lucrative Among Products in the Market

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

Rockville, USA, 2019-Apr-26 — /EPR Network/ —The global vibration motors market is highly competitive in nature, with the presence of numerous regional and global vendors. These vendors are shifting their focus toward product line extensions, in order to increase their market share. This Fact.MR report discusses key prospects for growth of global vibration motors market during the forecast period, 2017-2026, offering pragmatic insights to lead market players towards devising & implementing informed strategies. The vibration motors market is likely to grow at a double-digit CAGR and reach nearly US$ 10 Bn in revenues by the end of forecast period 2017-2026. According to the report, demand for vibration motors is increasing on account of its wide-ranging applications in various end-use industries. The report offers market forecast and analysis on the global vibration motors market, giving users comprehensive insights and analysis on the key factors that are likely to fuel the growth of the market during the assessment period.

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Considering the broad scope of global vibration motors market, the report includes a segment-wise analysis and forecast. The global vibration motors market is segmented into – product type, motor type, voltage rating, application, and region. Through this section, the report offers an in-depth country-wise forecast on every parameter associated with vibration motors. The concluding section of the report profiles companies operating in the global vibration motors market. Companies of all sizes, including market leaders, established players, and market entrants are profiled in this section. The competitive intelligence offers information on company overview and other important parameters, such as product offerings and key financials.

Brushed Coin Motors to Remain the Most Lucrative Among Products in the Market

Brushed coin motors are expected to remain the most lucrative among products in the market, on the back of their versatility in applications, as they are compact and comprise no moving parts. In addition, sales of brushed coin motors and brushless coin motors are projected to register a parallel expansion, although the latter is estimated to account for relatively lower revenues throughout the forecast period.

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Consumer Electronics to Remain Dominant among Applications of Vibration Motors

Although consumer electronics is expected to remain dominant among applications of vibration motors, sales will witness the fastest expansion for application in industrial handheld tools or equipment through 2026. Medical applications of vibration motors will account for the smallest revenue share of the market over the forecast period.

Based on motor type, sales of DC motors are projected to account for the largest revenues share of the market in 2017. Demand for DC motors will further witness an upsurge by 2026-end. Sales of AC motors are estimated to reflect a high double-digit CAGR through 2026.

Competition Tracking

Fact.MR’s report has identified key participants contributing to expansion of the global vibration motors market, which include Nidec Corporation, Fimec Motor, Denso, Yaskawa, Mabuchi, Shanbo Motor, Mitsuba, Asmo, LG Innotek, and Sinano.

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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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