By type the market is segmented into AC (Alternating Current) micro motors and DC (Direct Current) motors. By power consumption type the market is segmented into greater than 48V, 25-48V, 12V-24V and less than 11V. On the basis of technology the market is segmented into brushless micro motor and brushed micro motor.Request Sample Copy of the Report @ [URL]https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=28664[/URL]
By geography the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa and Latin America. North America is a prominent micro motor market in the world. The U.S. is the largest market in North America followed by Canada. Europe is another major micro motor market in the world. Germany is the largest market in Europe. France, Italy, Spain, the U.K., Belgium, Sweden and Netherlands are other major markets in Europe. Asia Pacific is a dominant micro motor market in the world. China is the largest market in Asia Pacific. Japan, South Korea, India and Australia are other major markets in Asia Pacific region. Middle East and Africa is a significant micro motor market led by Iran, Saudi Arabia, Turkey and South Africa. Latin America is a major micro motor market led by Brazil, Mexico and Argentina. Brazil is the largest micro motor market in Latin America.
Rising production of automobiles is increasing the demand of automotive micro motors. Rising demand for passive and active automotive safety systems such as night vision systems, automatic or autonomous emergency braking system, anti-lock braking system, seat belts, side and knee airbags are increasing the demand of automotive micro motors. Rising adoption of drive-by-wire technologies: electronic throttle control (ETC), brake-by-wire, steer-by-wire and shift-by-wire are increasing the demand of automotive micro motors. An opportunity is rising adoption of in-wheel micro drive systems. In in-wheel micro drive system micro motors, with high torque are installed next to wheels in parallel. For eg. Protean Electric developed in-wheel electric drive system for plug-in hybrid, hybrid and battery electric light-duty vehicles. In Protean drive, in-wheel motors are combined with control electronic and software and integrated inverter. These micro motors are installed easily in un-used spaces behinds general 18-to-24 inch wheels. Direct-drive, in wheel motors requires no differentials, drive shafts and gearboxes providing flexibility to vehicle designers.
The report mentions the diverse competitive strategies implemented by key players operating in the market to gain market share. Company profiles mention company details, market presence by geography and segments, strategic overview, SWOT analysis and historical revenue. The report also contains details of market share analysis of key players in the market. The major firms operating in the market are ABB Group (Sweden), Buhler Motor GmbH (Germany), Constar Micromotor Co. Ltd (China), Johnson Electric (Hong Kong), Continental AG (Germany), Robert Bosch GmbH (Germany), Denso Corporation (Japan), Nidec Corporation (Japan), MITSUBA Corporation (Japan) and IFB Automotive Private Limited (India).
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