Small Motors Market Expected to Deliver Dynamic Progression during 2017-2026
With a multi-disciplinary approach, Fact.MR elaborates an extensive analysis of the historical, current and future outlook of the global small motors market as well as the factors responsible for such a growth. Our highly dedicated professionals have inputted critical and accurate insights associated with every industry, and region by doing thorough primary and secondary research.
We leverage space-age industrial and digitalization tools to provide avant-garde actionable insights to our clients regarding the small motors market growth. For enhancing readers’ experience, the report starts with a basic overview about the small motors and its classification. Further, we have considered 2012 as the base year, 2026 as the estimated year, 2017-2026 as the stipulated timeframe.
The small motors market report includes global as well as emerging players:
- Schneider Electric SE
- Shinano Kenshi Co. Ltd.
- Moons Industries America Inc.
- Johnson Electric Holdings Limited
The small motors market registered a CAGR of 1.2% during the period 2012 to 2016. Sales of small motors close in on revenues worth US$ 8.8 Bn in 2018, and are expected to grow at a sluggish CAGR of just over 1.0% through 2026. Small motor sales have been relatively larger in North America as compare to other regional markets, which can be attributed to rising requirement for strong communication infrastructures in the region. DC power supply continues to remain preferred for small motors worldwide. Sales of small motors working on DC power supply are expected to bring in revenues over of US$ 6 Bn in2019.
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Important regions covered in the small motors market report include:
- North America (Canada, US)
- Latin America (Argentina, Mexico)
- Europe (NORDIC, UK)
- APEJ (China, India)
The small motors market report also provides data regarding the key countries in the defined regions.