Market Overview:
The global point motor 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 and electro-hydraulic point motors from railway, subway, high-speed railway, tram system and other applications. North America is expected to lead the global point motor market in terms of revenue during the forecast period.
Product Definition:
A point motor is a small, low-power electric motor used to control the position of a mechanism, such as a valve or damper. Point motors are often used in industrial and commercial applications where precise control over the movement of machinery is required.
Electro-hydraulic:
Point motor is a type of electric motor used to convert electrical energy into mechanical energy. It is also known as electrically operated hydraulic machine. Point motors are widely used in various industries such as food & beverage, pharmaceuticals, chemicals and petroleum for numerous applications such as packaging, filling & capping machines and others. The global point motor market size spans across multiple sectors including automotive OEMs (automotive parts manufacturers), automation industry which includes material handling equipment manufacturing sector among others.
Electric:
Point motors are used in various applications such as robotics, automation, machine tools, medical equipment and packaging machines. Point motors have a wide range of operating speeds from slow to fast and can be used for both rotary as well as linear motion. The working principle of point motor is based on the concept of force applied to the rotor which is generated by an electric current passed through it.
Application Insights:
The railway 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 global railway network consists of more than 39,000 Km of track and is expected to grow further owing to new projects such as Trans-Asian Railway Network (TAFN) connecting Asia with Europe via Central Asia and Pakistan, which will enable high-speed trains on this route.
Point motors are used in various applications such as metro system, light rail system & streetcar system, monorail system including people movers and maglev systems that operate on rails or guideways. These systems have different requirements regarding power supply; some require continuous power while others only require occasional starting/stopping operations like a car does.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing government investments in infrastructure development and rising industrial automation across numerous industries. The growing adoption of point motors for use in mining applications, due to their high efficiency, low maintenance cost and compact size, is also anticipated to drive the APAC regional market over the forecast period.
The European region accounted for more than 25% share of global revenue in 2017 owing to an increase in demand from several major application sectors including railway and subway systems, marine vessels as well as trams & trolley buses system. Furthermore, presence of key manufacturers such as ABB Ltd., Siemens AG & Co., Alstom SA will further boost growth prospects within this region during the forecast period.
Growth Factors:
- Increasing demand for electric vehicles
- Growing demand for hybrid vehicles
- Rising disposable income of consumers
- Technological advancements in the automotive industry
- Stringent government regulations to promote fuel-efficient and environment-friendly vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
Point Motor Market Research Report
By Type
Electro-hydraulic, Electric
By Application
Railway, Subway, High-speed Railway, Tram System, Others
By Companies
Voestalpine Railway Systems, Siemens, Vossloh, Alstom, Kyosan Electric, Hitachi Rail STS, Thales, CG Power, AZD Praha, VRS Railway Industry BV, Taiyuan Jingfeng, CRSC
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
159
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Point Motor Market Report Segments:
The global Point Motor market is segmented on the basis of:
Types
Electro-hydraulic, Electric
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
Railway, Subway, High-speed Railway, Tram System, 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:
- Voestalpine Railway Systems
- Siemens
- Vossloh
- Alstom
- Kyosan Electric
- Hitachi Rail STS
- Thales
- CG Power
- AZD Praha
- VRS Railway Industry BV
- Taiyuan Jingfeng
- CRSC
Highlights of The Point 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:
- Electro-hydraulic
- Electric
- By Application:
- Railway
- Subway
- High-speed Railway
- Tram System
- 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 Point 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?
Point Motor is a motor that uses electromagnetic induction to create motion. This type of motor is often used in robotics because it can be very efficient and lightweight.
Some of the major companies in the point motor market are Voestalpine Railway Systems, Siemens, Vossloh, Alstom, Kyosan Electric, Hitachi Rail STS, Thales, CG Power, AZD Praha, VRS Railway Industry BV, Taiyuan Jingfeng, CRSC.
The point motor 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 Point 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 Point Motor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Point 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 Point 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 Point Motor Market Size & Forecast, 2020-2028
4.5.1 Point Motor Market Size and Y-o-Y Growth
4.5.2 Point 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 Electro-hydraulic
5.2.2 Electric
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 Railway
6.2.2 Subway
6.2.3 High-speed Railway
6.2.4 Tram System
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Point 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 Point 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 Electro-hydraulic
9.6.2 Electric
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 Railway
9.10.2 Subway
9.10.3 High-speed Railway
9.10.4 Tram System
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 Electro-hydraulic
10.6.2 Electric
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 Railway
10.10.2 Subway
10.10.3 High-speed Railway
10.10.4 Tram System
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 Electro-hydraulic
11.6.2 Electric
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 Railway
11.10.2 Subway
11.10.3 High-speed Railway
11.10.4 Tram System
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 Electro-hydraulic
12.6.2 Electric
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 Railway
12.10.2 Subway
12.10.3 High-speed Railway
12.10.4 Tram System
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 Electro-hydraulic
13.6.2 Electric
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 Railway
13.10.2 Subway
13.10.3 High-speed Railway
13.10.4 Tram System
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 Point Motor Market: Competitive Dashboard
14.2 Global Point Motor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Voestalpine Railway Systems
14.3.2 Siemens
14.3.3 Vossloh
14.3.4 Alstom
14.3.5 Kyosan Electric
14.3.6 Hitachi Rail STS
14.3.7 Thales
14.3.8 CG Power
14.3.9 AZD Praha
14.3.10 VRS Railway Industry BV
14.3.11 Taiyuan Jingfeng
14.3.12 CRSC
