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Small Motors Market: Nascent Developments in Robotics to Uphold Demand

2019-06-12 16:52:26 | Business
According to the latest Fact.MR study, the small motors market is anticipated to register a Y-o-Y growth of just over 1% in 2019 over 2018. Fact.MR finds that the increasing inclination of consumers towards compact electronic devices is sustaining the demand for small motors.. However, slow traction in growth of the small motor market is expected to continue, which can be attributed in part to reluctance among industry players toward adoption of the technology. The study offers analyses crucial factors impacting the performance of small motors market. All the microeconomic and macroeconomic aspects influencing the small motors market growth have been analyzed in the study. Primary as well as the secondary research methodologies have been leveraged to obtain significant insights into the global small motors market.   Small motors market is slated to touch a value of nearly US$ 9,766 Mn in the year 2026 and exhibit a sluggish CAGR during the period of assessment.

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The vibration motors segment is vital and accounts for a large portion of the small motors market. The vibration motors segment comprises a third of the revenue share in the small motors market and should gain substantial BPS over the course of the forecast period. The vibration motors segment is expected to cross a value of US$ 3.4 billion in 2026. The vibration motors segment is followed by the DC brush motors (cored) segment in the small motors market. North America contributes roughly a third of the share in the DC brush motors (cored) market and companies are advised to focus their attention on this continent.

Growth Drivers of the Small Motors Market

  • Elimination of additional accessories that are used in conventional motors, is a key attribute of small motors that has been driving their sales in recent years. In addition, the upward trend of miniaturization in the electronics industry has been significantly complementing adoption of small motors.

  • Compliance of small motors with automation standards has meant that sales of these compact and effective power transmission equipment will witness promising demand in the near future.

  • Rising demand for small motors as compared to their conventional counterparts, on account of their high efficiency, longer life, and low replacement costs in the medical equipment is anticipated to influence growth of the small motors market.


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Demand for Vibration Motors Remains Relatively Higher

The study finds that the vibration motors will hold a considerable share in the small motors market. With the ubiquitous visibility of smartphones, smart watches, and similar hand-held devices, there has been a notable adoption of vibration motors, which receive signal without the generation of sound. Vibration motors sales are further expected to be underpinned by the growing trend of modernization of devices, whose designs include vibration feature as an integral requirement.

Opportunity Exists for Small Motors Manufacturers across Industries

Sales of small motors are expected to increase on account of their competency to resist drastic temperature changes, vibrations, and shock. In addition, compact size of small motors offers better volume-to-performance ratio with reduced noise levels, which is anticipated to further increase the incorporation in consumer electronic devices.

Other players operating in the global small motors market comprise Xinapse Systems Ltd., Toshiba Medical Systems Corporation, Siemens Healthineers, Sciencesoft USA Corporation, Mirada Medical Limited, Mim Software, Merge Healthcare Incorporated, Koninklijke Philips N.V., INFINITT Healthcare Co., Image Analysis, General Electric Company, Esaote S.P.A, Carestream Health, Aquilab, and AGFA Healthcare.

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Earthmoving Equipment Tyres Market: Asia Pacific Excluding Japan (APEJ) is likely to Lead

2019-06-12 16:32:11 | Business
As per the report by Fact.MR, the  earthmoving equipment tyres market is expected to witness momarket during the forecast period, 2017-2026, offering pragmatic insights to lead market players towards devising & implementing informed strategies.derate growth, growing at a CAGR of 4.0% in terms of value during the forecast period. The global earthmoving equipment tyres market is also estimated to bring in US$ 16,128.0 million in terms of value by the end of 2026.

Meanwhile, in terms of volume, the market is projected to reach 1,884 million units by 2026 end. With advances in automation, the manufacturing process of tyres, especially earthmoving equipment tyres has accelerated. There has been an increase in construction and infrastructure projects globally and earthmovers are being used on a large scale in the construction industry. Hence, driving the demand for earthmoving equipment tyres. Below are the insights on how the global earthmoving equipment tyres market will perform in the coming years.

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Intelligent Technological Advancements to Impact the Global Market Growth

As technological upgradation continues to remain the need of the hour, manufacturers are focusing on incorporating leading technological advancements in the earthmoving equipment globally. Through incorporation of the advanced technological features such as intelligent communication system in the earthmoving equipment tyres, the leading companies in the construction equipment industry are looking to expand their customer base and gain a competitive edge in the global market.

Highlights on Global Earthmoving Equipment Tyres Market

  • Asia Pacific Excluding Japan (APEJ) is likely to lead the global market for earthmoving equipment tyres between 2017 and 2026. By the end of 2026, APEJ is projected to reach nearly US$ 4,800 million revenue. In APEJ region, China is one of the leading manufacturers of off-road-vehicles and also accounts for maximum sales. Meanwhile, India, Malaysia, and Thailand are also witnessing increasing sales of off-the-road vehicles and tyres.

  • Backhoe loaders are expected to emerge as the highly preferred vehicle type between 2017 and 2026. By the end of 2026, backhoe loaders are estimated to bring in close to US$ 4,400 million revenue.

  • Compared to the bias tyre type, radial tyre type is expected to gain maximum traction in the global earthmoving equipment tyres market. Radial tyres are estimated to reach nearly US$ 10,900 million revenue by 2026 end.


Considering the broad scope of global earthmoving equipment tyres market, the report includes a segment-wise analysis and forecast. The global earthmoving equipment tyres market is segmented into – vehicle type, tyre type, rim size, sales channel, and region. Through this section, the report
offers an in-depth country-wise forecast on every parameter associated with earthmoving equipment tyres.

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Competition Tracking

Leading market players operating in the global earthmoving equipment tyres market include Zodiac Aerospace Group, RECARO Aircraft Seating GmbH & Co. KG, B/E Aerospace, Inc, JAMCO Corporation, Aviointeriors S.p.A, Acro Aircraft Seating, Geven S.p.A, Mirus Aircraft Seating Ltd, Thompson Aero Seating Ltd, and ZANKER PROMOTION GMBH.

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Automotive Headliners Market: OEMs will be Observed as the Largest Sales Channel

2019-06-12 16:19:36 | Business
According to Fact.MR’s recently published forecast study, the global market for automotive headliners will reflect healthy expansion during the forecast period, 2017-2026. Over the forecast period, the  automotive headliners market is poised to expand at a volume CAGR of 6.9%. The report further projects that by the end of 2026, more than US$ 46 Bn worth of automotive headliners will be sold globally.

Smart cabin innovations are among the latest trends driving expansion of the global automotive headliners market. Advancements in automotive vehicle interior design & technology over the past few years have led to elimination in adoption of hard, low-quality plastics in entry-level segments, with interior designing becoming the center of focus. This will further propel growth of the automotive headliners market globally. This Fact.MR report discusses key prospects for growth of global automotive headliners market during the forecast period, 2017-2026, offering pragmatic
insights to lead market players towards devising & implementing informed strategies.

Automotive headliners were initially designed for simply covering the roof structure and sheet metal of vehicles, meanwhile improving their interior aesthetics. As consumer demand for style, comfort and safety witnessed a surge, automotive headliners have experienced evolution to incorporate new aspects such as wiring, ducting vents, overhead console, coat hooks, grab handles and sun visors. With more and more parts being integrated into automotive headliners, its market is witnessing a rise accordingly. One of the latest trend being observed in the automotive industry is smart cabin innovations. Automotive vehicle interior designs and technologies have advanced significantly over the recent past across all vehicle segments, ranging from passenger cars to luxury vehicles.

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In a bid to keep readers up-to-date on the latest developments in the global automotive headliners market, the report offers readers a roundup of the latest trends impacting the market. As the automotive sector is ever-evolving, staying abreast with latest trends and developments is paramount to formulating key business strategies. Information on supply chain, cost structure, pricing analysis, raw material sourcing, and list of distributors are offered to readers in this section. Considering the wide scope of global automotive headliners market, the report incorporates a segmentation-wise analysis and forecast. The global automotive headliners market is segmented on the basis of sales channel, vehicle type, headliner type, material type and region. Through this section, the report offers an in-depth country-wise forecast on every parameter associated with
automotive headliners. OEMs will be observed as the largest sales channel for automotive headliners throughout the forecast period. Over 1.8 billion automotive headliners will be sold by OEMs across the globe by the end of 2026.

APEJ will Remain Largest Market for Automotive Headliners

Considerable vehicle production in countries such as China, and India have underpinned demand for automotive interior components in Asia-Pacific excluding Japan (APEJ). Gradual rise in economic vigour of APEJ countries have made consumers in the region capable of spending more on various products, and vehicles are no exception. In addition, people in APEJ are more interested in automotive interior styling, and demand for advanced components, which in turn will create opportunities for adoption of various automotive headliner types. APEJ will continue to be the largest market for automotive headliners, in terms of value.





The report has profiled key manufacturers of automotive headliners, which include, Grupo Antolin, Sage Automotive Interiors, Cindus Corp, Harodite Industries, Lear Corporation, American Foam & Fabric, Johns Manville, Glen Raven, Toyota Boshoku Corp, and IAC Group. These companies are anticipated to remain active in the global automotive headliners market expansion through 2026. Most of these companies are expected to introduce composite materials in production of headliners. Manufacturing lightweight automotive headliners with high stiffness will also be observed as a key trend exercised by these companies.

EV Traction Motor Market: Manufacturers Focus on Value Proposition via Incorporation of Technology

2019-06-12 16:01:52 | Business
According to the latest study by Fact.MR, global demand of EV traction motor is estimated to exceed US$ 6,000 Mn in 2019, up from US$ 5,391.9 Mn in 2018. Sales of electric vehicles and hybrid electric vehicles, upheld by a host of technological features and claims of optimal performance, are likely to boost growth of EV traction motor market in 2019 and beyond. In addition, increasing regulations and norms put in place for effective emission controls are working in favor of hybrid and electric vehicles, paving lucrative avenues for growth of EV traction motor market.

As per the report compiled by Fact.MR, the global EV traction market is likely to witness robust growth, registering 13.5% CAGR during the forecast period 2017-2026. The market is also estimated to bring in US$ 14,924.0 million revenue by the end of 2026. Manufacturers are focusing on investing in the research and development of the advanced EV traction motor based on specific needs. Moreover, increasing adoption of the electric vehicles is also driving the growth of the EV traction motor market. Below are the few insights on how the global EV traction motor market will perform in the coming years.

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According to the research study, energy efficacy is emerging as one of the focal points of automakers, on account of its importance in reducing of greenhouse emissions. High voltages provide a healthy boost to the efficiency levels, which is a primary reason for automakers preferring motors of high voltage ratings over the ones with low voltage ratings. Both electric and hybrid electric vehicles are based on high voltage battery systems, which implies that high voltage levels would be required for generation of sufficient power to run the vehicles.

With the growing need for propulsion and regenerative brakes, manufacturers in the automotive industry are shifting their focus on manufacturing electric vehicles. Government in various countries are further offering subsidies and incentives such as tax credits and exemptions to fuel adoption of the electric vehicles. Imposition of regulations regarding the increasing emission of air pollutants and greenhouse gases is further expected to rev up adoption of the electric vehicles in the global market.

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Key Factors Fuelling Growth

  • Worldwide sales of electric vehicles are set to hit new records in the forthcoming years. This growth in sales can be attributed to multiple factors, ranging from evolving customer perceptions to tough emission-control regulations. Rising inclination toward electric vehicles will result in higher deployment of EV traction motors, creating revenue-generating opportunities for the key stakeholders in EV traction motor market.

  • Governmental initiatives to incentivize customer purchasing electric vehicles, which, in turn, plays a crucial role in influencing customers and growing sales. With the rising allocation of such incentives and subsidiaries by governments across various regions, EV traction motor market is anticipated to witness exponential growth over the assessment period.

  • High efficiency and low power consumption are two among of the key selling points of an EV traction motor. Surging demand for cost-effective components with impeccable efficiency is likely to boost visibility of EV traction motors amid the automotive space.


In a bid to comply with ever-evolving performance and efficiency requirements, manufacturers in EV traction motor market are raising their game and investing in R&D to introduce new and unique developments. By focusing on R&D, leading players in EV traction motors market are being able to implement unique technologies, such as advanced power electronics, into their offerings to eliminate the associated drawbacks. Moreover, the EV traction motor industry is extensively focusing on R&D to do away with use of rare-earth metals, which will help in reduction of the cost and complexity of the motors.

The report also offers a detailed profile of some of the leading players in the global market for EV traction motor such as ABB Limited, Bharat Heavy Electricals Ltd., Magnetic Systems Technology, Parker-Hannifin Corp., SKF AB, Valeo SA, YASA Motors Ltd., ZF TRW Automotive Holdings Corporation, and Zytek Group Limited.

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Industrial Motor Market: Pumps and Fans are Expected to Account for Nearly Half of the Revenue Share

2019-06-12 15:44:25 | Business
According to the report compiled by Fact.MR, the industrial motor market is expected to witness sluggish growth. The market is estimated to increase to 3.4% CAGR during the forecast period 2017-2026. By the end of 2026, the global industrial motor market is estimated to reach US$ 14,959.1 million revenue. Converting electrical energy into mechanical energy, industrial motor is used in manufacturing units. Improving standards in design and efficiency are driving manufacturers to develop and design new industrial motor that can reduce energy consumption and offer efficiency. Following are the insights on how the global industrial motor market will perform during the forecast period.

With the energy cost galloping solidly, industry is focused on cost-effective and energy efficient industrial motor. As such, manufacturers are concentrating on developing industrial motor with a novel design to make it easy to use across industries. Manufacturers have built an uncanny knack for offering a myriad of utilities on the go. Accordingly, smart sensors have grown in popularity in the wake of propelling the lifespan and lessening the downtime.

The rising electricity cost in pumps and fans sector has led to adoption of industrial motor in the sector. The accuracy with which a motor requires to be controlled hinges upon the system requirements. The accuracy requirements are high in applications such as industrial robotics or in bottling. For instance, a welding robot is known to operate with high precision and high speed. Similarly, manufacturers are eying to control the motors in a bottling factory accurately which will facilitate the stoppage of bottles at the right position for capping, filing and labeling. In order to monitor this, the use of analog sensors such as synchros, resolvers, RVDTS or rotary potentiometers.

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According to the study, pumps and fans are anticipated to be the largest application in the industrial motors market, with an absolute dollar opportunity of over USD 2,300 million between 2017 and 2026. Given motors have significant impact in the pumps and fans with the amount of mechanical power needed by entire system and overall energy consumption, its use in the pumps and fans has surged.

Industrial Motor Market: Overview

The report provides a robust analysis on the industrial motor market for the assessment period 2017-2026. The report sheds light on the segregation of the market to provide an in-depth view of the market. Further, the report delineates the dynamics of the market which have significant impact on the development of the lithography market: drivers, restraints, trends and opportunities.

Highlights on Global Industrial Motor Market

  • Asia Pacific Excluding Japan (APEJ) is expected to be the largest region in the global industrial motor market during the forecast period 2017-2026. Owing to the rapid infrastructure development and industrialization in the countries such as India and China, APEJ is anticipated to witness the growth.

  • North America and Europe are also expected to witness the growth in the global industrial motor market. New oil reserves in North America is driving the demand for industrial motor in oil and gas industry. Also, stringent government regulation in the region for saving energy and electricity is driving the demand for energy-efficient industrial motor.

  • IE2 industrial motor is expected to witness the highest growth in the global industrial motor market. By the end of 2026, IE2 is estimated to surpass US$ 4,800 million revenue.


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The report includes preface and executive summary to offer an actionable insights on the industrial motor market. Furthermore, the report in the market overview section elucidates market indicators, key players. The overview section subsequently delineates Porters’ Five Force analysis that succors in showcasing the competitive landscape with respect to industrial motor market. The report also shed light on the market outlook section which elucidates reimbursement scenario with respect to region and peruses on technological development.

Industrial Motor Market: Competitive Landscape

The report also profiles companies that are expected to remain active in the expansion of global industrial motor market through 2026, which include Shandong Huali Electric Motor Group Co. Ltd., CG Power and Industrial Solutions Limited, Regal Beloit Corporation, Nidec Corporation, Hyosung Corporation, Toshiba Corporation, TECO Electric & Machinery Co., Ltd., WEG SA, Siemens Aktiengesellschaft, and ABB Limited.

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