The global stepping motors market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for automation in various industries such as automotive, aerospace and defense, and healthcare. The use of stepping motors in these industries has increased due to their high accuracy and precision levels.
The variable reluctance stepper motors segment is expected to account for the largest share of the global stepping motors market during the forecast period. This can be attributed to their low cost and high torque-to-inertia ratio which makes them suitable for applications that require high acceleration rates or heavy loads.
Some Of The Growth Factors Of This Market:
- The increasing demand for automation in the manufacturing industry is driving the growth of the stepping motors market.
- The increasing use of stepper motors in various industries such as automotive, aerospace, and medical is also driving the growth of this market.
- The growing need for high precision and accuracy in manufacturing processes is also fueling the growth of this market.
- Increasing demand for low-cost and high-quality products from emerging economies such as China, India, Brazil, Russia, South Africa (BRICS) countries are also contributing to the growth of this market.
- Increasing investments by key players in research and development activities are expected to fuel future growth.
Industry Growth Insights published a new data on “Stepping Motors Market”. The research report is titled “Stepping Motors Market research by Types (Variable-reluctance Stepping Motors, Permanent Magnet Stepper Motors, Hybrid Stepping Motors), By Applications (CNC Machine Tool, Industrial Automation, Printing Equipment), By Players/Companies Shinano Kenshi, Minebea, Nippon Pulse Motor, Haydon Kerk Motion Solutions, Oriental Motor, ElectroCraft, Anaheim Automation, Panasonic, Nanotec Electronic, Fengyuan Micro & Special Motors, Zhejiang Founder Motor, Changzhou Baolai Electric Appliance”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Stepping Motors Market Research Report
By Type
Variable-reluctance Stepping Motors, Permanent Magnet Stepper Motors, Hybrid Stepping Motors
By Application
CNC Machine Tool, Industrial Automation, Printing Equipment
By Companies
Shinano Kenshi, Minebea, Nippon Pulse Motor, Haydon Kerk Motion Solutions, Oriental Motor, ElectroCraft, Anaheim Automation, Panasonic, Nanotec Electronic, Fengyuan Micro & Special Motors, Zhejiang Founder Motor, Changzhou Baolai Electric Appliance
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Stepping Motors Market Report Segments:
The global Stepping Motors market is segmented on the basis of:
Types
Variable-reluctance Stepping Motors, Permanent Magnet Stepper Motors, Hybrid Stepping Motors
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
CNC Machine Tool, Industrial Automation, Printing Equipment
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:
- Shinano Kenshi
- Minebea
- Nippon Pulse Motor
- Haydon Kerk Motion Solutions
- Oriental Motor
- ElectroCraft
- Anaheim Automation
- Panasonic
- Nanotec Electronic
- Fengyuan Micro & Special Motors
- Zhejiang Founder Motor
- Changzhou Baolai Electric Appliance
Highlights of The Stepping Motors 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:
- Variable-reluctance Stepping Motors
- Permanent Magnet Stepper Motors
- Hybrid Stepping Motors
- By Application:
- CNC Machine Tool
- Industrial Automation
- Printing Equipment
- 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 Stepping Motors 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
- Market Entry Strategies
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- Understanding Competition Scenario
- Product & Brand Management
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- 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 stepping motor is a type of electric motor that uses stepped input voltages to control the speed of rotation. Stepping motors are often used in applications where precise speed control is necessary, such as in industrial robotics or medical equipment.
Some of the key players operating in the stepping motors market are Shinano Kenshi, Minebea, Nippon Pulse Motor, Haydon Kerk Motion Solutions, Oriental Motor, ElectroCraft, Anaheim Automation, Panasonic, Nanotec Electronic, Fengyuan Micro & Special Motors, Zhejiang Founder Motor, Changzhou Baolai Electric Appliance.
The stepping motors market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Stepping Motors 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. Stepping Motors Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Stepping Motors Market - Supply Chain
4.5. Global Stepping Motors Market Forecast
4.5.1. Stepping Motors Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Stepping Motors Market Size (000 Units) and Y-o-Y Growth
4.5.3. Stepping Motors Market Absolute $ Opportunity
5. Global Stepping Motors 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. Stepping Motors Market Size and Volume Forecast by Type
5.3.1. Variable-reluctance Stepping Motors
5.3.2. Permanent Magnet Stepper Motors
5.3.3. Hybrid Stepping Motors
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Stepping Motors 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. Stepping Motors Market Size and Volume Forecast by Application
6.3.1. CNC Machine Tool
6.3.2. Industrial Automation
6.3.3. Printing Equipment
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Stepping Motors 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. Stepping Motors 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 Stepping Motors 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. Stepping Motors 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 Stepping Motors Demand Share Forecast, 2019-2026
9. North America Stepping Motors 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 Stepping Motors 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 Stepping Motors Market Size and Volume Forecast by Application
9.4.1. CNC Machine Tool
9.4.2. Industrial Automation
9.4.3. Printing Equipment
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Stepping Motors Market Size and Volume Forecast by Type
9.7.1. Variable-reluctance Stepping Motors
9.7.2. Permanent Magnet Stepper Motors
9.7.3. Hybrid Stepping Motors
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 Stepping Motors Demand Share Forecast, 2019-2026
10. Latin America Stepping Motors 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 Stepping Motors 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 Stepping Motors Market Size and Volume Forecast by Application
10.4.1. CNC Machine Tool
10.4.2. Industrial Automation
10.4.3. Printing Equipment
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Stepping Motors Market Size and Volume Forecast by Type
10.7.1. Variable-reluctance Stepping Motors
10.7.2. Permanent Magnet Stepper Motors
10.7.3. Hybrid Stepping Motors
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 Stepping Motors Demand Share Forecast, 2019-2026
11. Europe Stepping Motors 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 Stepping Motors 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 Stepping Motors Market Size and Volume Forecast by Application
11.4.1. CNC Machine Tool
11.4.2. Industrial Automation
11.4.3. Printing Equipment
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Stepping Motors Market Size and Volume Forecast by Type
11.7.1. Variable-reluctance Stepping Motors
11.7.2. Permanent Magnet Stepper Motors
11.7.3. Hybrid Stepping Motors
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 Stepping Motors Demand Share, 2019-2026
12. Asia Pacific Stepping Motors 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 Stepping Motors 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 Stepping Motors Market Size and Volume Forecast by Application
12.4.1. CNC Machine Tool
12.4.2. Industrial Automation
12.4.3. Printing Equipment
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Stepping Motors Market Size and Volume Forecast by Type
12.7.1. Variable-reluctance Stepping Motors
12.7.2. Permanent Magnet Stepper Motors
12.7.3. Hybrid Stepping Motors
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 Stepping Motors Demand Share, 2019-2026
13. Middle East & Africa Stepping Motors 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 Stepping Motors 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 Stepping Motors Market Size and Volume Forecast by Application
13.4.1. CNC Machine Tool
13.4.2. Industrial Automation
13.4.3. Printing Equipment
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Stepping Motors Market Size and Volume Forecast by Type
13.7.1. Variable-reluctance Stepping Motors
13.7.2. Permanent Magnet Stepper Motors
13.7.3. Hybrid Stepping Motors
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 Stepping Motors Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Stepping Motors Market: Market Share Analysis
14.2. Stepping Motors Distributors and Customers
14.3. Stepping Motors Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Shinano Kenshi
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Minebea
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Nippon Pulse Motor
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Haydon Kerk Motion Solutions
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Oriental Motor
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ElectroCraft
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Anaheim Automation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Panasonic
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Nanotec Electronic
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Fengyuan Micro & Special Motors
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Zhejiang Founder Motor
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Changzhou Baolai Electric Appliance
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
