Market Overview:
The global micro direct drive motor market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for miniaturized and energy-efficient motors across various applications, such as robots, mechanical equipment, and others. In addition, the growing adoption of micro direct drive motors in automotive applications is also contributing to the growth of this market. Based on type, the global micro direct drive motor market can be segmented into 13mm, 21mm, 30mm, and others. The 13mm segment is expected to account for a major share of this market in 2018 owing to its small size and low power consumption.
Product Definition:
A micro direct drive motor is a small electric motor that directly drives the shaft of a load, such as a fan or pump. They are used in applications where space is limited and high power density is required.
13mm:
13mm is the size of Micro-stepper motor used in many small devices such as 3D printers, CNC machines, and other automation equipment. The 13mm MMD (Micro-Miniature Diameter) motors have a low power consumption rate and are widely used in various applications due to their compact size. These motors are also known as step or mini motors because they can provide high torque at low speeds which makes them ideal for micro controlling applications.
21mm:
21mm is the standard size of micro direct drive motors. These are used in various applications such as robotics, automation and other smart devices. The market for 21 mm is expected to witness significant growth owing to increasing demand from these application areas over the forecast period.
Micro-sized DC motors have a wide range of applications including medical equipment, industrial machinery, computer peripherals.
Application Insights:
The mechanical equipment segment dominated the global market in terms of revenue share in 2017. The growth can be attributed to the rising demand for high precision robotics across various industries such as automotive, medical and construction. In addition, increasing adoption of MDD motors in industrial applications such as CNC machinery is expected to drive the product demand over the forecast period.
The others segment includes pumps and other machines where low noise level and compact size are required. Increasing use of these motors for providing power to portable devices such as smartphones is expected to drive their demand over the forecast period. In addition, they find application in electric toothbrushes due to their small size and light weight which further drives their demand globally on account of increasing population with dental problems across regions including North America & Europe.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue with a share of over 60% in 2017. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing industrialization and rising adoption of automation across various industries, including food & beverage, logistics and material handling equipment, pharmaceuticals, mining equipment and others.
The growing manufacturing sector in developing economies coupled with increased foreign investments is anticipated to drive regional growth during the forecast period. For instance, In January 2016; SANY Group signed an agreement with Jiangsu Tianzhan Power Equipment Co., Ltd., one of China's largest manufacturers of high-quality power generation products for a sale price worth USD X million over a period of three years. Under this partnership program initiative; Jiangsu Tianzhan would get access to SANY Group's extensive distribution network across India as well as other Southeast Asian countries thus widening its customer base significantly within two years time frame (2016-2018).
Growth Factors:
- Increasing demand for electric vehicles
- Growing trend of miniaturization in electronics industry
- Rising demand from the industrial sector
- Proliferation of Internet of Things (IoT) and connected devices
- Development of next-generation technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Micro Direct Drive Motor Market Research Report
By Type
13mm, 21mm, 30mm, Others
By Application
Robots, Mechanical Equipment, Others
By Companies
Nippon Pulse Motor Co, Yaskawa Electric Corporation, Harmonic Drive, LLC, Faulhaber Micromo, Electromate Inc, Kollmorgen, Zibo Xinyuan Dianji, Jarrettmotor, Shenzhen Chenxin Motor Co
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
199
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Micro Direct Drive Motor Market Report Segments:
The global Micro Direct Drive Motor market is segmented on the basis of:
Types
13mm, 21mm, 30mm, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Robots, Mechanical Equipment, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Nippon Pulse Motor Co
- Yaskawa Electric Corporation
- Harmonic Drive, LLC
- Faulhaber Micromo
- Electromate Inc
- Kollmorgen
- Zibo Xinyuan Dianji
- Jarrettmotor
- Shenzhen Chenxin Motor Co
Highlights of The Micro Direct Drive Motor Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 13mm
- 21mm
- 30mm
- Others
- By Application:
- Robots
- Mechanical Equipment
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Micro Direct Drive Motor Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A micro direct drive motor is a small, low-power motor that uses a gearbox to reduce the size and weight of the motor. This makes it ideal for applications where space or weight are constraints, such as in wearable devices or drones.
Some of the major players in the micro direct drive motor market are Nippon Pulse Motor Co, Yaskawa Electric Corporation, Harmonic Drive, LLC, Faulhaber Micromo, Electromate Inc, Kollmorgen, Zibo Xinyuan Dianji, Jarrettmotor, Shenzhen Chenxin Motor Co.
The micro direct drive motor market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Micro Direct Drive Motor Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Micro Direct Drive Motor Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Micro Direct Drive Motor Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Micro Direct Drive Motor Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Micro Direct Drive Motor Market Size & Forecast, 2020-2028 4.5.1 Micro Direct Drive Motor Market Size and Y-o-Y Growth 4.5.2 Micro Direct Drive Motor Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 13mm
5.2.2 21mm
5.2.3 30mm
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Robots
6.2.2 Mechanical Equipment
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Micro Direct Drive Motor Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Micro Direct Drive Motor Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 13mm
9.6.2 21mm
9.6.3 30mm
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Robots
9.10.2 Mechanical Equipment
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 13mm
10.6.2 21mm
10.6.3 30mm
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Robots
10.10.2 Mechanical Equipment
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 13mm
11.6.2 21mm
11.6.3 30mm
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Robots
11.10.2 Mechanical Equipment
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 13mm
12.6.2 21mm
12.6.3 30mm
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Robots
12.10.2 Mechanical Equipment
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 13mm
13.6.2 21mm
13.6.3 30mm
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Robots
13.10.2 Mechanical Equipment
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Micro Direct Drive Motor Market: Competitive Dashboard
14.2 Global Micro Direct Drive Motor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nippon Pulse Motor Co
14.3.2 Yaskawa Electric Corporation
14.3.3 Harmonic Drive, LLC
14.3.4 Faulhaber Micromo
14.3.5 Electromate Inc
14.3.6 Kollmorgen
14.3.7 Zibo Xinyuan Dianji
14.3.8 Jarrettmotor
14.3.9 Shenzhen Chenxin Motor Co