Market Overview:
The global groove type commutator 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 rising investments in renewable energy sources. The automotive industry is expected to be the largest consumer of groove type commutators, followed by forklift motors and wind generators. In terms of region, North America is expected to lead the market, followed by Europe and Asia Pacific. Latin America and Middle East & Africa are projected to experience high growth rates during the forecast period.
Product Definition:
A groove type commutator is a device used to switch the direction of an electric current in an electric motor or generator. The commutator has a series of copper bars embedded in it, and each bar is connected to two opposite poles of the motor or generator. When the current flows through the commutator, it creates a rotating magnetic field that powers the electric motor or generator.
Groove Common Commutator:
The G.C.C is a device used in electric motors to reduce the speed of windings when power is applied, this helps in improving the life and efficiency of motor as well as reducing its cost. The G. C.
Groove Fully Plastic Commutator:
The Groove fully plastic commutator is used in the production of electric motor and other rotating machines. It consists of two metal discs, mounted on a shaft with a circular depression between them. As the discs revolve around the shaft, an intermittent path is created between them by means of which current can flow through magnetic flux lines generated by permanent magnets placed at regular intervals along the length of the depression.
Application Insights:
Automotive application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The rising demand for electric and hybrid vehicles along with stringent government regulations regarding pollution is expected to drive the product demand in this application segment over the next eight years.
The wind generators application segment was valued at USD 1,000.0 million in 2017 owing to high product demand due to its ability to reduce wear & tear on machines as well as improve their overall performance by reducing friction losses caused by conventional bushings which result from metal-to-metal contact between rotating parts of machine components such as shafts, drums, etc.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing demand for electric vehicles and wind turbines in countries such as China, India, Japan, and South Korea. In addition, rising industrialization coupled with growing consumerism in this region is anticipated to boost product demand over the coming years.
The market in Europe was valued at USD X million in 2017 owing to high production of passenger cars.
North America accounted for a significant share of global market revenue owing to presence of prominent automotive manufacturers such as General Motors Company; Ford Motor Company; Fiat Chrysler Automobiles N.V.
Growth Factors:
- Increasing demand from end-use industries: The global Groove Type Commutator market is witnessing a significant growth due to the increasing demand from end-use industries such as automotive, aerospace, and defense.
- Growing investments in research and development: Key players in the market are investing heavily in research and development to introduce new products and technologies that can cater to the growing needs of consumers. This is expected to boost the growth of the Groove Type Commutator market in the coming years.
- Rising popularity of electric vehicles: The popularity of electric vehicles is rising rapidly across the globe, which is resulting in an increase in demand for Groove Type Commutators used in these vehicles. This is likely to propel the growth of this market during forecast period.
- Technological advancements: With technological advancements taking place at a rapid pace, manufacturers are introducing innovative products that offer better performance as well as increased efficiency levels compared with traditional products available in this segment currently available on offer In addition, they are also focusing on reducing costs so as to make these products more affordable for consumers worldwide thereby propellingthegrowthoftheGrooveTypeCommutatormarketin thenearfuture 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Groove Type Commutator Market Research Report
By Type
Groove Common Commutator, Groove Fully Plastic Commutator
By Application
Automotive Industry, Forklift Motors, Wind Generators, etc., Others
By Companies
Kolektor, Kaizhong, Huarui Electric, Suzhou Kegu, Sugiyama, Zhejiang Greatwall Commutator, Lifeng, Zhejiang Jiagu Electric Appliances, DENSO, MITSUBA, TRIS, ANGU, ILJIN, Takachiho, Nettelhoff, Electric Materials Company, Bhagyanagar India Ltd, Toledo
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
120
Number of Tables & Figures
84
Customization Available
Yes, the report can be customized as per your need.
Global Groove Type Commutator Market Report Segments:
The global Groove Type Commutator market is segmented on the basis of:
Types
Groove Common Commutator, Groove Fully Plastic Commutator
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
Automotive Industry, Forklift Motors, Wind Generators, etc., 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:
- Kolektor
- Kaizhong
- Huarui Electric
- Suzhou Kegu
- Sugiyama
- Zhejiang Greatwall Commutator
- Lifeng
- Zhejiang Jiagu Electric Appliances
- DENSO
- MITSUBA
- TRIS
- ANGU
- ILJIN
- Takachiho
- Nettelhoff
- Electric Materials Company
- Bhagyanagar India Ltd
- Toledo
Highlights of The Groove Type Commutator 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:
- Groove Common Commutator
- Groove Fully Plastic Commutator
- By Application:
- Automotive Industry
- Forklift Motors, Wind Generators, etc.
- 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 Groove Type Commutator 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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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 Groove Type Commutator is a type of electric motor that uses commutation to change the direction of rotation. This allows the motor to run in either clockwise or counterclockwise directions, depending on how it was set up.
Some of the major players in the groove type commutator market are Kolektor, Kaizhong, Huarui Electric, Suzhou Kegu, Sugiyama, Zhejiang Greatwall Commutator, Lifeng, Zhejiang Jiagu Electric Appliances, DENSO, MITSUBA, TRIS, ANGU, ILJIN, Takachiho, Nettelhoff, Electric Materials Company, Bhagyanagar India Ltd, Toledo.
The groove type commutator market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Groove Type Commutator 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 Groove Type Commutator Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Groove Type Commutator 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 Groove Type Commutator 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 Groove Type Commutator Market Size & Forecast, 2020-2028 4.5.1 Groove Type Commutator Market Size and Y-o-Y Growth 4.5.2 Groove Type Commutator 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 Groove Common Commutator
5.2.2 Groove Fully Plastic Commutator
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 Automotive Industry
6.2.2 Forklift Motors
6.2.3 Wind Generators
6.2.4 etc.
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Groove Type Commutator 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 Groove Type Commutator 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 Groove Common Commutator
9.6.2 Groove Fully Plastic Commutator
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 Automotive Industry
9.10.2 Forklift Motors
9.10.3 Wind Generators
9.10.4 etc.
9.10.5 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 Groove Common Commutator
10.6.2 Groove Fully Plastic Commutator
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 Automotive Industry
10.10.2 Forklift Motors
10.10.3 Wind Generators
10.10.4 etc.
10.10.5 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 Groove Common Commutator
11.6.2 Groove Fully Plastic Commutator
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 Automotive Industry
11.10.2 Forklift Motors
11.10.3 Wind Generators
11.10.4 etc.
11.10.5 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 Groove Common Commutator
12.6.2 Groove Fully Plastic Commutator
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 Automotive Industry
12.10.2 Forklift Motors
12.10.3 Wind Generators
12.10.4 etc.
12.10.5 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 Groove Common Commutator
13.6.2 Groove Fully Plastic Commutator
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 Automotive Industry
13.10.2 Forklift Motors
13.10.3 Wind Generators
13.10.4 etc.
13.10.5 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 Groove Type Commutator Market: Competitive Dashboard
14.2 Global Groove Type Commutator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kolektor
14.3.2 Kaizhong
14.3.3 Huarui Electric
14.3.4 Suzhou Kegu
14.3.5 Sugiyama
14.3.6 Zhejiang Greatwall Commutator
14.3.7 Lifeng
14.3.8 Zhejiang Jiagu Electric Appliances
14.3.9 DENSO
14.3.10 MITSUBA
14.3.11 TRIS
14.3.12 ANGU
14.3.13 ILJIN
14.3.14 Takachiho
14.3.15 Nettelhoff
14.3.16 Electric Materials Company
14.3.17 Bhagyanagar India Ltd
14.3.18 Toledo