Market Overview:
The global electric spindle market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electric spindles in various applications such as PCB, consumer electronics, woodworking, automotive and aerospace, and others. Additionally, the growing demand for high-speed machining is also propelling the growth of the global electric spindle market. However, factors such as volatility in prices of raw materials and lack of skilled labor are restraining the growth of this market. On basis on type, rolling motor spindles held a dominant position in 2017 and is expected to maintain its dominance during the forecast period from 2018 to 2030. This can be attributed to their high speed capabilities along with low noise levels that make them suitable for use in various applications such as PCBs and consumer electronics where precision machining is required.
Product Definition:
ElectricSpindle is an electric motor that rotates a workpiece on a lathe. It is important because it allows the operator to control the speed of the workpiece and maintain accuracy.
Rolling Motor Spindles:
Rolling motor spindles are used in the manufacturing process of electric spinners. They are also known as rotary motion machines or simply motors with spindle attached. The electricspindle is a device that is used to carry out rotary motion which can be applied to any material such as paper, plastic, rubber, and cloth among others.
Air Bearing Motor Spindles:
Air bearing motor spindles are used in electric spindle applications. They are also known as centrifugal motors with air bearings or radial force motors with air bearings. These types of motor have a sealed ball bearing and open hub, which allows free rotation of the shaft but constricts the movement of the outer race. The speed is dependent on how much pressure is applied to the outer race by way of load and unbalanced forces acting on it.
Application Insights:
The global electric spindle market is segmented by application into PCB, consumer electronics, woodworking, automotive and aerospace and other applications. The PCB application segment accounted for the largest share in 2017 owing to its extensive use in various end-use industries such as electrical & electronics, medical equipment manufacturing.
Consumer electronics are expected to be the fastest growing segment over the forecast period due to increasing demand for electronic devices across the globe. Rising demand for high technology products coupled with a growing population has resulted in an increased need for electricity generation facilities which will further fuel product demand over the forecast period. Increasing industrialization along with urbanization has led to an increased need of construction materials such as steel and concrete which will also drive product demand globally during future years according to industry experts predictions.
Regional Analysis:
Asia Pacific dominated the global electric spindle 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 consumer electronics, automobiles, and industrial machinery. China is a major contributor towards regional growth owing to presence of numerous manufacturing facilities.
The Asia Pacific market was followed by Europe in terms of revenue as well as volume in 2017 due to presence of key automotive manufacturers such as BMW, Mercedes Benz, Volkswagen Group etc., along with several other prominent players across countries such as Germany and France. North America accounted for a significant share owing to high production levels associated with consumer electronics & automobiles coupled with rapid expansionist strategies adopted by key industry participants including bearingalliance (Bel-Ray) Ltd., Koyo Corporation; SKF; NACHI bearings Inc.; FAG KVH ABB Ltd.; NSK Corporation;NTN bears Japan; TimkenSteel bearing company Inc.
Growth Factors:
- Increasing demand for electric spindles in the automotive and aerospace industries due to the rising popularity of electric vehicles and aircrafts.
- Growing demand for high-speed electric spindles in the medical device industry to manufacture precision components used in surgical procedures.
- Rising demand from small and medium-sized businesses (SMBs) for affordable, high-quality electric spindles that can help them reduce manufacturing costs and improve product quality.
- Proliferation of 3D printing technology, which is increasing the need for high-speed electric spindles with greater accuracy and precision.
Scope Of The Report
Report Attributes
Report Details
Report Title
ElectricSpindle Market Research Report
By Type
Rolling Motor Spindles, Air Bearing Motor Spindles, Liquid Journal Motor Spindles, Others
By Application
PCB, Consumer Electronic, Woodworking, Automotive and Aerospace, Others
By Companies
Kessler, HSD, 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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global ElectricSpindle Market Report Segments:
The global ElectricSpindle market is segmented on the basis of:
Types
Rolling Motor Spindles, Air Bearing Motor Spindles, Liquid Journal Motor Spindles, 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
PCB, Consumer Electronic, Woodworking, Automotive and Aerospace, 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:
- Kessler
- HSD
- 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 ElectricSpindle 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:
- Rolling Motor Spindles
- Air Bearing Motor Spindles
- Liquid Journal Motor Spindles
- Others
- By Application:
- PCB
- Consumer Electronic
- Woodworking
- Automotive and Aerospace
- 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 ElectricSpindle 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?
ElectricSpindle is a web-based tool that helps you manage your manufacturing processes by automating tasks and tracking data. It provides real-time insights into your production process, helping you optimize operations and improve efficiency.
Some of the major players in the electricspindle market are Kessler, HSD, 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 electricspindle market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. ElectricSpindle 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. ElectricSpindle Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. ElectricSpindle Market - Supply Chain
4.5. Global ElectricSpindle Market Forecast
4.5.1. ElectricSpindle Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. ElectricSpindle Market Size (000 Units) and Y-o-Y Growth
4.5.3. ElectricSpindle Market Absolute $ Opportunity
5. Global ElectricSpindle 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. ElectricSpindle Market Size and Volume Forecast by Type
5.3.1. Rolling Motor Spindles
5.3.2. Air Bearing Motor Spindles
5.3.3. Liquid Journal Motor Spindles
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global ElectricSpindle 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. ElectricSpindle Market Size and Volume Forecast by Application
6.3.1. PCB
6.3.2. Consumer Electronic
6.3.3. Woodworking
6.3.4. Automotive and Aerospace
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global ElectricSpindle 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. ElectricSpindle 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 ElectricSpindle 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. ElectricSpindle 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 ElectricSpindle Demand Share Forecast, 2019-2026
9. North America ElectricSpindle 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 ElectricSpindle 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 ElectricSpindle Market Size and Volume Forecast by Application
9.4.1. PCB
9.4.2. Consumer Electronic
9.4.3. Woodworking
9.4.4. Automotive and Aerospace
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America ElectricSpindle Market Size and Volume Forecast by Type
9.7.1. Rolling Motor Spindles
9.7.2. Air Bearing Motor Spindles
9.7.3. Liquid Journal Motor Spindles
9.7.4. Others
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 ElectricSpindle Demand Share Forecast, 2019-2026
10. Latin America ElectricSpindle 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 ElectricSpindle 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 ElectricSpindle Market Size and Volume Forecast by Application
10.4.1. PCB
10.4.2. Consumer Electronic
10.4.3. Woodworking
10.4.4. Automotive and Aerospace
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America ElectricSpindle Market Size and Volume Forecast by Type
10.7.1. Rolling Motor Spindles
10.7.2. Air Bearing Motor Spindles
10.7.3. Liquid Journal Motor Spindles
10.7.4. Others
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 ElectricSpindle Demand Share Forecast, 2019-2026
11. Europe ElectricSpindle 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 ElectricSpindle 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 ElectricSpindle Market Size and Volume Forecast by Application
11.4.1. PCB
11.4.2. Consumer Electronic
11.4.3. Woodworking
11.4.4. Automotive and Aerospace
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe ElectricSpindle Market Size and Volume Forecast by Type
11.7.1. Rolling Motor Spindles
11.7.2. Air Bearing Motor Spindles
11.7.3. Liquid Journal Motor Spindles
11.7.4. Others
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 ElectricSpindle Demand Share, 2019-2026
12. Asia Pacific ElectricSpindle 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 ElectricSpindle 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 ElectricSpindle Market Size and Volume Forecast by Application
12.4.1. PCB
12.4.2. Consumer Electronic
12.4.3. Woodworking
12.4.4. Automotive and Aerospace
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific ElectricSpindle Market Size and Volume Forecast by Type
12.7.1. Rolling Motor Spindles
12.7.2. Air Bearing Motor Spindles
12.7.3. Liquid Journal Motor Spindles
12.7.4. Others
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 ElectricSpindle Demand Share, 2019-2026
13. Middle East & Africa ElectricSpindle 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 ElectricSpindle 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 ElectricSpindle Market Size and Volume Forecast by Application
13.4.1. PCB
13.4.2. Consumer Electronic
13.4.3. Woodworking
13.4.4. Automotive and Aerospace
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa ElectricSpindle Market Size and Volume Forecast by Type
13.7.1. Rolling Motor Spindles
13.7.2. Air Bearing Motor Spindles
13.7.3. Liquid Journal Motor Spindles
13.7.4. Others
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 ElectricSpindle Demand Share, 2019-2026
14. Competition Landscape
14.1. Global ElectricSpindle Market: Market Share Analysis
14.2. ElectricSpindle Distributors and Customers
14.3. ElectricSpindle 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. HSD
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Step-Tec
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Fischer Precise
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Siemens
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. IBAG Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Guangzhou Haozhi
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. GMN Paul Müller Industrie GmbH & Co. KG
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Westwind Air Bearings., Ltd. (Novanta)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Air Bearing
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Nakanishi
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Posa
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Alfred Jäger
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. SycoTec
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Zimmer Group
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. KLKJ Group Co.,Ltd.
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Shenzhen Sufeng
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Heinz Fiege GmbH
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Parfaite Tool
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. ZYS
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
