Aerospace and Defense Micro Motors Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
MARKET OVERVIEW
Micro motors are compact size, lightweight and portable motors used in devices, equipment, and systems occupying limited space. Micro motors in aerospace industry applications are built to precise and tight tolerance dimensions. They are characterized by lightweight, reliability and ability to withstand extreme conditions, high noise and vibration levels, impacts, and electromagnetic interference. These capabilities of micro motors make them ideal for aircraft systems, including fuel regulators in engines and the maintenance of airflow. Dominant players in the global aerospace and defense market offer advantages in their products, such as quieter operation, superior performance, and broader power options. The fast-growing defense industry and versatile functionality in avionics are further driving the growth of the market.
MARKET SCOPE
The "Global Aerospace and Defense Micro Motors Market Analysis to 2028" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of Aerospace and Defense Micro Motors market with detailed market segmentation by component, application and geography. The global Aerospace and Defense Micro Motors market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Aerospace and Defense Micro Motors market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
MARKET DYNAMICS
Drivers -
Rising requirement of compact lightweight components in aircraft to increase efficiency
Development of new aircraft engines
Restraints -
Lack of skilled workforce and over-reliability on third-party suppliers
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Aerospace and Defense Micro Motors market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porter's Five Forces analysis, highlighting the factors affecting the Aerospace and Defense Micro Motors market in these regions.
IMPACT OF COVID-19 ON AEROSPACE AND DEFENSE MICRO MOTORS MARKET
In 2020, the COVID-19 pandemic created a cascading negative impact on the global supply chain, affecting the production of micro motors in aerospace and defense due to a shortage of supply. However, with the proper implementation of COVID-related norms and vaccine drives, key avionics manufacturers are opening up their production facilities to fill the gap created in revenues due to the pandemic. For instance, the European plane-maker Airbus has demanded parts from suppliers for its A320 narrow-body jet family as it is preparing for a firm monthly production rate of 64, close to the 67 aircraft produced in the pre-pandemic period. Furthermore, the demand for micro motors from the defense sector is expected to rise due to the increase in defense budgets of significant economies in the aftermath of the pandemic. For instance, the Defense Department of the US has proposed $715 billion in its fiscal 2022 budget, increasing by about $10 billion from the 2021 allocation. Therefore, the initial impact of the pandemic on the global market was significantly negative, and it is expected to regain momentum during the first half of 2022.
By Frame Size
By Motor Components
By Application
MARKET PLAYERS
The report covers key developments in the Aerospace and Defense Micro Motors market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership and collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Aerospace and Defense Micro Motors market are anticipated to lucrative growth opportunities in the future with the rising demand for Aerospace and Defense Micro Motors in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Aerospace and Defense Micro Motors market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
Micro motors are compact size, lightweight and portable motors used in devices, equipment, and systems occupying limited space. Micro motors in aerospace industry applications are built to precise and tight tolerance dimensions. They are characterized by lightweight, reliability and ability to withstand extreme conditions, high noise and vibration levels, impacts, and electromagnetic interference. These capabilities of micro motors make them ideal for aircraft systems, including fuel regulators in engines and the maintenance of airflow. Dominant players in the global aerospace and defense market offer advantages in their products, such as quieter operation, superior performance, and broader power options. The fast-growing defense industry and versatile functionality in avionics are further driving the growth of the market.
MARKET SCOPE
The "Global Aerospace and Defense Micro Motors Market Analysis to 2028" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of Aerospace and Defense Micro Motors market with detailed market segmentation by component, application and geography. The global Aerospace and Defense Micro Motors market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Aerospace and Defense Micro Motors market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on Frame Size, the global Aerospace and Defense Micro Motors market is segmented into 0 - 15mm, 16 - 30mm, 31 - 50mm, and 51 - 80mm.
- On the basis of Motor Components, the market is segmented into Gearboxes, Motor Controller, Sensors, Mounting Systems, Others.
- Based on Application, the market is segmented into Gimbal System (Satellites, Radars, Antenna, Jamming System, FLIRs, Thrust Vector Control, and Inertial Navigation System), Control Actuation System, Stage Separation System, Propulsion System, Fuel and Thermal Management System, and Direct Drive System.
MARKET DYNAMICS
Drivers -
Restraints -
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Aerospace and Defense Micro Motors market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porter's Five Forces analysis, highlighting the factors affecting the Aerospace and Defense Micro Motors market in these regions.
IMPACT OF COVID-19 ON AEROSPACE AND DEFENSE MICRO MOTORS MARKET
In 2020, the COVID-19 pandemic created a cascading negative impact on the global supply chain, affecting the production of micro motors in aerospace and defense due to a shortage of supply. However, with the proper implementation of COVID-related norms and vaccine drives, key avionics manufacturers are opening up their production facilities to fill the gap created in revenues due to the pandemic. For instance, the European plane-maker Airbus has demanded parts from suppliers for its A320 narrow-body jet family as it is preparing for a firm monthly production rate of 64, close to the 67 aircraft produced in the pre-pandemic period. Furthermore, the demand for micro motors from the defense sector is expected to rise due to the increase in defense budgets of significant economies in the aftermath of the pandemic. For instance, the Defense Department of the US has proposed $715 billion in its fiscal 2022 budget, increasing by about $10 billion from the 2021 allocation. Therefore, the initial impact of the pandemic on the global market was significantly negative, and it is expected to regain momentum during the first half of 2022.
Aerospace and Defense Micro Motors Market Report Analysis
Aerospace and Defense Micro Motors Market
-
CAGR (2023 - 2031)XX% -
Market Size 2023
US$ XX Million -
Market Size 2031
US$ XX Million
Report Coverage
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Industry landscape and competition analysis & recent developments
- Detailed company profiles
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
Key Players
- FAULHABER MICROMO, LLC
- Allied Motion Technologies Inc.
- Ametek PDS
- Aveox
- ElectroCraft
- Maxon
- Moog Inc.
- MTI
- Nanomotion Ltd
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
By Frame Size
- 0 - 15mm
- 16 - 30mm
- 31 - 50mm
- 51 - 80mm
By Motor Components
- Gearboxes
- Motor Controller
- Sensors
- Mounting Systems
- Others
By Application
- Gimbal System
- Control Actuation System
- Stage Separation System
- Propulsion System
- Fuel and Thermal Management System
- Direct Drive System
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
The report covers key developments in the Aerospace and Defense Micro Motors market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership and collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Aerospace and Defense Micro Motors market are anticipated to lucrative growth opportunities in the future with the rising demand for Aerospace and Defense Micro Motors in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Aerospace and Defense Micro Motors market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Allied Motion Technologies Inc.
- Ametek PDS
- Aveox
- ElectroCraft
- FAULHABER MICROMO, LLC
- Maxon
- Moog Inc.
- MTI
- Nanomotion Ltd
- Portescap
Aerospace and Defense Micro Motors Market Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ XX Million |
| Market Size by 2031 | US$ XX Million |
| Global CAGR (2023 - 2031) | XX% |
| Historical Data | 2021-2022 |
| Forecast period | 2024-2031 |
| Segments Covered |
By Frame Size
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
The List of Companies
1.FAULHABER MICROMO, LLC
2.Allied Motion Technologies Inc.
3.Ametek PDS
4.Aveox
5.ElectroCraft
6.Maxon
7.Moog Inc.
8.MTI
9.Nanomotion Ltd
10.Portescap
1.FAULHABER MICROMO, LLC
2.Allied Motion Technologies Inc.
3.Ametek PDS
4.Aveox
5.ElectroCraft
6.Maxon
7.Moog Inc.
8.MTI
9.Nanomotion Ltd
10.Portescap
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