Market Overview:
The global direct drive spindle for automotive and aerospace market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric vehicles and aircrafts. In addition, the growing trend of miniaturization is also contributing to the growth of this market. The global direct drive spindle for automotive and aerospace market can be segmented on the basis of type into low power direct drive spindles and high power direct drive spindles. The low power direct drive spindles segment is expected to grow at a higher CAGR than the high power direct drive spindles segment during the forecast period from 2018 to 2030. This can be attributed to their lower cost as well as their ability to handle smaller loads as compared with high powerdirect drivespindles .
Product Definition:
A direct drive spindle is a type of spindle that connects to a motor directly, without the use of gears or belts. This type of spindle is often used in automotive and aerospace applications because it provides more power and accuracy than other types of spindles.
Low Power Direct Drive Spindle:
Low power direct drive spindle is a kind of electric motor used in Direct Drive Spindle for Automotive and Aerospace. It’s also known as brushless DC (BLDC) or stepper motors, which are widely used in applications such as 3D printers, CNC machines, medical equipment and others. BLDC motors have several advantages over conventional DC motors including less noise & vibration over high-speed operation at low weight & size with no physical gear reduction.
High Power Direct Drive Spindle:
High power direct drive spindle is used in high power direct drive spindle for automotive and aerospace applications. It is a mechanical device that consists of main shaft, gearbox, spur gear and electric motor. The main shaft has bearings at both ends so that it can spin freely on the bearings without any restrictions. The electric motor rotates the spur gears which in turn drives the output shaft of machine tools.
Application Insights:
The global market is segmented by application into the automotive and aerospace sector. In 2017, the automotive segment dominated the market with a revenue share of over 60%. The growth can be attributed to increasing demand for high-performance spindles in various applications such as engine mounts, transmission components, and others.
The aerospace application is expected to witness significant growth over the forecast period owing to rising demand for precision-engineered products that are essential in aviation manufacturing. Moreover, growing defense expenditure across countries such as U.S., China and India will further propel product demand from this sector during future years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for high power spindles from countries such as China, India, Japan, and South Korea. These countries are involved in various industrial activities including metal cutting, drilling & tapping operations that require high power spindles. Moreover these countries have a large number of automotive manufacturers who use direct drive spindle for their machinery needs thereby driving the regional market growth over the forecast period.
The Latin American regional market is anticipated to witness significant growth during the forecast years owing to rising investments by major players in this region coupled with growing aerospace industry across Brazil.
Growth Factors:
- Increasing demand for lightweight and fuel-efficient vehicles in automotive market is expected to drive the demand for direct drive spindles over the forecast period.
- Rising demand for electric and hybrid vehicles is also anticipated to boost the growth of the market.
- Growing investments in aerospace industry is expected to propel the growth of direct drive spindle market over the forecast period.
- Increasing adoption of 3D printing technology across various industries is projected to create new opportunities for direct drive spindle manufacturers in near future.
- Technological advancements such as development of high power density motors are likely to provide impetus to growth of this market during forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Direct Drive Spindle for Automotive and Aerospace Market Research Report
By Type
Low Power Direct Drive Spindle, High Power Direct Drive Spindle
By Application
Indirect Sales, Direct Sales
By Companies
Kessler, Step-Tec, Fischer Precise, Siemens, IBAG Group, Guangzhou Haozhi, GMN Paul Müller Industrie GmbH & Co. KG, Westwind Air Bearings., Ltd. (Novanta), Air Bearing, Nakanishi, Posa, Alfred Jäger, SycoTec, Zimmer Group, KLKJ Group Co.,Ltd., Shenzhen Sufeng, Heinz Fiege GmbH, Parfaite Tool, ZYS, Changzhou Hanqi
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Direct Drive Spindle for Automotive and Aerospace Market Report Segments:
The global Direct Drive Spindle for Automotive and Aerospace market is segmented on the basis of:
Types
Low Power Direct Drive Spindle, High Power Direct Drive Spindle
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
Indirect Sales, Direct Sales
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:
- Kessler
- Step-Tec
- Fischer Precise
- Siemens
- IBAG Group
- Guangzhou Haozhi
- GMN Paul Müller Industrie GmbH & Co. KG
- Westwind Air Bearings., Ltd. (Novanta)
- Air Bearing
- Nakanishi
- Posa
- Alfred Jäger
- SycoTec
- Zimmer Group
- KLKJ Group Co.,Ltd.
- Shenzhen Sufeng
- Heinz Fiege GmbH
- Parfaite Tool
- ZYS
- Changzhou Hanqi
Highlights of The Direct Drive Spindle for Automotive and Aerospace 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:
- Low Power Direct Drive Spindle
- High Power Direct Drive Spindle
- By Application:
- Indirect Sales
- Direct Sales
- 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 Direct Drive Spindle for Automotive and Aerospace 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.
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- Correctly Positioning New Products
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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?
Direct Drive Spindle is a type of spindle used in automotive and aerospace industries. It is a gearbox that uses gears to rotate the shaft.
Some of the major companies in the direct drive spindle for automotive and aerospace market are Kessler, Step-Tec, Fischer Precise, Siemens, IBAG Group, Guangzhou Haozhi, GMN Paul MƒÂ¼ller Industrie GmbH & Co. KG, Westwind Air Bearings., Ltd. (Novanta), Air Bearing, Nakanishi, Posa, Alfred JƒÂ¤ger, SycoTec, Zimmer Group, KLKJ Group Co.,Ltd., Shenzhen Sufeng, Heinz Fiege GmbH, Parfaite Tool, ZYS, Changzhou Hanqi.
The direct drive spindle for automotive and aerospace market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Direct Drive Spindle for Automotive and Aerospace Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Direct Drive Spindle for Automotive and Aerospace Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Direct Drive Spindle for Automotive and Aerospace Market - Supply Chain
4.5. Global Direct Drive Spindle for Automotive and Aerospace Market Forecast
4.5.1. Direct Drive Spindle for Automotive and Aerospace Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Direct Drive Spindle for Automotive and Aerospace Market Size (000 Units) and Y-o-Y Growth
4.5.3. Direct Drive Spindle for Automotive and Aerospace Market Absolute $ Opportunity
5. Global Direct Drive Spindle for Automotive and Aerospace Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Direct Drive Spindle for Automotive and Aerospace Market Size and Volume Forecast by Type
5.3.1. Low Power Direct Drive Spindle
5.3.2. High Power Direct Drive Spindle
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Direct Drive Spindle for Automotive and Aerospace Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Direct Drive Spindle for Automotive and Aerospace Market Size and Volume Forecast by Application
6.3.1. Indirect Sales
6.3.2. Direct Sales
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Direct Drive Spindle for Automotive and Aerospace Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Direct Drive Spindle for Automotive and Aerospace Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Direct Drive Spindle for Automotive and Aerospace Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Direct Drive Spindle for Automotive and Aerospace Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Direct Drive Spindle for Automotive and Aerospace Demand Share Forecast, 2019-2026
9. North America Direct Drive Spindle for Automotive and Aerospace Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Direct Drive Spindle for Automotive and Aerospace Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Direct Drive Spindle for Automotive and Aerospace Market Size and Volume Forecast by Application
9.4.1. Indirect Sales
9.4.2. Direct Sales
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Direct Drive Spindle for Automotive and Aerospace Market Size and Volume Forecast by Type
9.7.1. Low Power Direct Drive Spindle
9.7.2. High Power Direct Drive Spindle
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Direct Drive Spindle for Automotive and Aerospace Demand Share Forecast, 2019-2026
10. Latin America Direct Drive Spindle for Automotive and Aerospace Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Direct Drive Spindle for Automotive and Aerospace Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Direct Drive Spindle for Automotive and Aerospace Market Size and Volume Forecast by Application
10.4.1. Indirect Sales
10.4.2. Direct Sales
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Direct Drive Spindle for Automotive and Aerospace Market Size and Volume Forecast by Type
10.7.1. Low Power Direct Drive Spindle
10.7.2. High Power Direct Drive Spindle
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Direct Drive Spindle for Automotive and Aerospace Demand Share Forecast, 2019-2026
11. Europe Direct Drive Spindle for Automotive and Aerospace Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Direct Drive Spindle for Automotive and Aerospace Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Direct Drive Spindle for Automotive and Aerospace Market Size and Volume Forecast by Application
11.4.1. Indirect Sales
11.4.2. Direct Sales
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Direct Drive Spindle for Automotive and Aerospace Market Size and Volume Forecast by Type
11.7.1. Low Power Direct Drive Spindle
11.7.2. High Power Direct Drive Spindle
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Direct Drive Spindle for Automotive and Aerospace Demand Share, 2019-2026
12. Asia Pacific Direct Drive Spindle for Automotive and Aerospace Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Direct Drive Spindle for Automotive and Aerospace Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Direct Drive Spindle for Automotive and Aerospace Market Size and Volume Forecast by Application
12.4.1. Indirect Sales
12.4.2. Direct Sales
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Direct Drive Spindle for Automotive and Aerospace Market Size and Volume Forecast by Type
12.7.1. Low Power Direct Drive Spindle
12.7.2. High Power Direct Drive Spindle
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Direct Drive Spindle for Automotive and Aerospace Demand Share, 2019-2026
13. Middle East & Africa Direct Drive Spindle for Automotive and Aerospace Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Direct Drive Spindle for Automotive and Aerospace Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Direct Drive Spindle for Automotive and Aerospace Market Size and Volume Forecast by Application
13.4.1. Indirect Sales
13.4.2. Direct Sales
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Direct Drive Spindle for Automotive and Aerospace Market Size and Volume Forecast by Type
13.7.1. Low Power Direct Drive Spindle
13.7.2. High Power Direct Drive Spindle
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Direct Drive Spindle for Automotive and Aerospace Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Direct Drive Spindle for Automotive and Aerospace Market: Market Share Analysis
14.2. Direct Drive Spindle for Automotive and Aerospace Distributors and Customers
14.3. Direct Drive Spindle for Automotive and Aerospace Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Kessler
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Step-Tec
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Fischer Precise
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Siemens
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. IBAG Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Guangzhou Haozhi
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. GMN Paul Müller Industrie GmbH & Co. KG
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Westwind Air Bearings., Ltd. (Novanta)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Air Bearing
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Nakanishi
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Posa
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Alfred Jäger
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. SycoTec
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Zimmer Group
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. KLKJ Group Co.,Ltd.
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Shenzhen Sufeng
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Heinz Fiege GmbH
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Parfaite Tool
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. ZYS
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Changzhou Hanqi
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
