30 Nov -0001
Rockville, Md. The global micro motor market, worth more than US$ 30 Bn in 2017, is set to grow at above 4% CAGR through 2022, according to Fact.MR. The rise of brushless DC motors in electric vehicles has been the standout trend, pushing manufacturers toward portable charging tools and cleaner, more efficient designs.
Brushless technology leads the market, automotive applications generate the most revenue, and Asia Pacific excluding Japan stays in front. Precision piezoelectric motors, such as the SQUIGGLE motor developed by New Scale Technologies, point to where high-performance, small-format design is heading.
Brushless micro motors see the largest adoption and are set to pass US$ 20 Bn by 2022, while brushed motors grow slowly. By application, automotive dominates at more than a quarter of revenue, industrial automation ranks second, and aircraft use stays subdued. On power consumption, the 12V to 48V class leads and grows fastest, with above 48V motors trailing even the under 12V segment. DC motors remain the preferred product on moderate growth, while AC motors lag.
Asia Pacific excluding Japan holds the largest revenue share throughout the period, Europe ranks second, and the Middle East and Africa, though smaller, grow at an above-average pace.
The market's momentum tracks the wider shift in vehicles. As automatic fuel injection replaces carburettors and small motors take over functions once handled by other systems, the electrical content of each vehicle rises. Mergers between micro motor makers and drive manufacturers, along with steady piezoelectric innovation, are reinforcing that growth.
The market is shaped by continuous advances in electronic technology and by consolidation between micro motor and drive manufacturers. Suppliers are competing on precision, efficiency and compact design, with piezoelectric platforms marking one of the clearer routes to differentiation.
For manufacturers, growth favours brushless and precision designs tied to automotive and automation demand. Investors get a large market with a clear electrification tailwind. Procurement teams can plan around brushless motors leading supply, automotive carrying volume, and Asia Pacific offering the largest opportunity through 2022.
Fact.MR's study covers the global micro motor market for the 2017 to 2022 forecast period, with segmentation by technology, application, power consumption, product type and region. It sizes each segment, maps the competitive field, and weighs the technology forces shaping demand. Further detail is available in the micro motor market report.
Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. The firm is known for its syndicated research, custom research and consulting solutions, helping clients make decisions on demand, competition, investment, procurement and future growth.
Micro Motor Market
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Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. We are known for our syndicated research, custom research, and consulting solutions.