Stepper Motor Market to Grow at a CAGR of 4.85% to reach US$ 2,803.6 Million from 2020 to 2027

Stepper Motor Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Type (Integrated Lead Screw Stepper Motor, Rotary Stepper Motor, and Fully Enclosed Stepper Drives); Technology (Permanent Magnet Stepper Motor, Hybrid Stepper Motor, and Variable Reluctance Stepper Motor; and End User (Semiconductor, Packaging and Labeling, Medical Equipment, Industrial Machineries, Others)

Publication Month: Apr 2020 | Report Code: TIPRE00009558 | No. of Pages: 182 | Category: Electronics and Semiconductor | Status: Published
Covid

The stepper motor market was valued at US$ 1,992.8million in 2019 and is projected to reach US$ 2,803.6million by 2027; it is expected to grow at a CAGR of 4.85% from 2020 to 2027.

 

Stepper motor is a highly versatile machine predominantly used in diversified industries—such as semiconductor, packaging and labeling, medical equipment, industrial machineries, and food & beverages—for performing many linear manufacturing processes repeatability, with high torque at low speeds, as well as minimal maintenance. Some of the linear manufacturing processes applications are rail positioning, conveyers, and X-Y tables. The continuous growth of the automation and robotics industry is boosting the demand for stepper motors, which can be fitted in limited spaces. The motors manufactures are constantly increasing their focus on optimizing the design as well as manufacturing processes so as to deliver superior products with enhanced efficiency. Additionally, the streamlined manufacturing process, as well as the upgraded model of the stepper motors with miniaturization, boosted the adoption of stepper motor across various applications such as robotics, automobile, and semiconductor industries. All these industries demand high torque speed, high precision, and better efficiency. Moreover, the stepper motor market is endorsing tremendous growth attributed to the upsurge in automobile production globally, as well as the demand for motors integrated into a particular vehicle. Further, the integration of smart and advanced technology into the stepper motors is projected to be a trend offering ample growth opportunities to the manufacturers; thus, it isexpected to have a positive impact on the stepper motormarket in the coming years.

 

Asia-Pacificaccounts for the largest share of the global stepper motor market. East Asia, which includes Mainland China, South Korea, Japan, and Taiwan, has the presence of the world’s most significant semiconductor players. The region has become a hub for the semiconductors industry. China, particularly, holds nearly half of global stepper motormarket value, divided ~50–50 between domestic demand as well as Taiwan-based, ODMs or foundries, serving global clients. China also aims to establish a self-sufficient semiconductors industry as well as ascent to become a world powerhouse at the same time. Japan is a prominent supplier of semiconductor materials, special semiconductors, and high-end equipment. Thus, the presence of the well-established semiconductors industry is expected to boost the demand for stepper motor in the region.

 

Impact of COVID-19 Pandemic on Stepper Motor Market

COVID-19 outbreak first began in Wuhan (China) in December 2019, and since then, it has spread across the globe at a rapid pace. China, Italy, Iran, Spain, the Republic of Korea, France, Germany, and the US are among countries that have been the worst affected by this pandemic, in terms confirmed cases and reported deaths as of March 2020. The COVID-19 outbreak has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The overall stepper motormarket breakdown due to COVID-19 is also affecting the growth of the stepper motor market due to shutting down of factories, discontinuation of supply chain, and downturn in the world economy.Though the complete impact of COVID-19 is still unidentified, the impact across the electronics value chain will probably be far-reaching—and strongly affecting parties involved with semiconductor manufacturing. COVID-19 is underlining the possible risks and vulnerability of present electronics and semiconductor value chain model as well as challenging the semiconductor industry to consider altering its global supply chain model.

 

Lucrative Regions for Stepper Motor Market

Lucrative Regions for Stepper Motor Market

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Market Insights

Growing Adoption of Robotics and Automation in Diverse Industries

Various industries across the globe are implementing some automation or robotics intending to become safer and more efficient. The deployment of industrial robots in diverse industries has been increased rapidly. According to the World Robotics 2019 Industrial Robots report published by the International Federation of Robotics, the robot installations globally increased by 6% to 422,271 units in 2018. Almost every industry from automotive to consumer electronics to metal and machinery have deployed industrial robots in their manufacturing facilities.In this age of industrial automation, robots are extensively used for managing several processes for better production quality. Also, robots are being implemented in hazardous working locations, where human life can be at risk. Stepper motors are of paramount importance in robotics as they require precise movements.

 

Type-Based MarketInsights

The stepper motormarket, based on type,has been segmented into integrated lead screw stepper motor, rotary stepper motor, and fullyenclosed stepper drives. The rotary stepper motorsegment accounted for the largest share of the market in 2019; the market for the integrated lead screw stepper motor segmentis expected to grow at the highest CAGR during the forecast period. These motors usually offer high torque, high efficiency, and high precision, which is needed by the designers to fit the application. These lead screw motors are a combination of sizes, styles, lead screws, and nuts that offer freedom to use these motors with different form factors to precisely fit across various applications, such as semiconductor industries and industrial machinery.

 

Stepper Motor Market, by Type– 2018 and 2027

Stepper Motor Market, by Type– 2018 and 2027

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Technology-Based MarketInsights

The stepper motormarket, based on technology,is segmentedinto permanent magnet stepper motor, hybrid stepper motor, and variable reluctance stepper motor.In 2018, the hybrid steppersegment accounted for the largest share ofthe market, whereas the permanent magnet stepper motorsegment is expected to register the fastest CAGR during the forecast period. Permanent magnet stepper motor consists of an axially magnetized permanent magnet rotor that comprises alternating north and south poles placed parallel to the rotor shaft. The permanent magnet stepper motors are also known as “tin can” or “can stack” motors as their stators are integrated with two coils of soft iron housings/cans; that has teeth on the inner side, which easily and efficiently interact with the rotors.

 

EndUser-Based MarketInsights

The stepper motor market, based on enduser,is segmented into semiconductor, packaging and labeling, medical equipment, industrial machineries, and others.In 2018, the semiconductor segment dominated the global stepper motor market, whereas the packaging and labelling segment is expected to register the highest CAGR during 2019–2027. In the packaging and labeling industry, the manufacturers have to ensure high quality of operations to attract the customer toward the products. Stepper motors play a crucial role in the industry as they are used in labeling heads, rotary labeling machines, hot melt labelling machines, flow pack molding systems, carousel management systems, bottling systems, packaging machines, palletization systems, and thermoforming systems.

 

Strategic Insights

Product developmentis the commonly adopted strategies by companies to expand their product portfolio. Delta Electronics Inc., Faulhaber Group, National Instruments Corporation, and Nippon Pulse Motor Co. Ltd. are among the market players implementing this strategyto enlarge the customer base and gain significant market share globally, which, in turn, permits them maintain their brand name in the global stepper motor market.

 

Stepper Motor Market Segmentation:

By Type

  • Integrated Lead Screw Stepper Motor
  • Rotary Stepper Motor
  • FullyEnclosed Stepper Drives


By Technology

 

  • Permanent Magnet Stepper Motor
  • Hybrid Stepper Motor
  • Variable Reluctance Stepper Motor

 

By EndUser

  • Semiconductor
  • Packaging and Labeling
  • Medical Equipment
  • Industrial Machineries
  • Others

 

Company Profiles

  • ABB Ltd.
  • Applied Motion Products Inc.
  • Delta Electronics Inc.
  • Faulhaber Group
  • National Instruments Corporation
  • Nidec Corporation
  • Nippon Pulse Motor Co. Ltd.
  • Oriental Motor Co. Ltd.
  • Sanyo Denki Co. Ltd.
  • Schneider Electric SE 

1.             Introduction

1.1       Study Scope

1.2       The Insight Partners Research Report Guidance

1.3       Market Segmentation

2.             Key Takeaways

3.             Research Methodology

3.1       Coverage

3.2       Secondary Research

3.3       Primary Research

4.             Stepper motor Market Landscape

4.1       Market Overview

4.2       PEST Analysis

4.2.1        North America – PEST Analysis

4.2.2        Europe – PEST Analysis

4.2.3        Asia-Pacific – PEST Analysis

4.2.4        MEA– PEST Analysis

4.2.5        SAM– PEST Analysis

4.3       Ecosystem Analysis

5.             Stepper motor Market – Key Market Dynamics

5.1       Market Drivers

5.1.1        Growing Adoption of Robotics and Automation in Diverse Industries

5.1.2        Rising Applications of Stepper Motors in Medical Field

5.2       Market Restraints

5.2.1        Growing Implementation of Servo Motors in Motion Control Applications

5.3       Market Opportunities

5.3.1        Surging Demand for Miniature Stepper Motors

5.4       Future Trends

5.4.1        Technological Advancements

5.5       Impact Analysis of Drivers and Restraints

6.             Stepper motor Market – Global Analysis

6.1       Stepper motor Market Overview

6.2       Stepper motor Market – Revenue and Forecast to 2027 (US$ Million)

6.3       Market Positioning – Global Market Players Ranking

7.             Stepper Motors Market Analysis – By Type

7.1       Overview

7.2       Stepper Motors Market Breakdown, by Type, 2019 and 2027

7.3       Rotary Stepper Motors

7.3.1        Overview

7.3.2        Rotary Stepper Motors Market Revenue and Forecast to 2027 (US$ Million)

7.4       Fully Enclosed Stepper Motors

7.4.1        Overview

7.4.2        Fully Enclosed Stepper Motors Market Revenue and Forecast to 2027 (US$ Million)

7.5       Integrated Lead Screw Stepper Motors

7.5.1        Overview

7.5.2        Integrated Lead Screw Stepper Motors Market Revenue and Forecast to 2027 (US$ Million)

8.             Stepper Motors Market Analysis – By Technology

8.1       Overview

8.2       Stepper Motors Market Breakdown, by Technology, 2019 & 2027

8.3       Permanent Magnet Stepper Motor

8.3.1        Overview

8.3.2        Permanent Magnet Stepper Motor Market Revenue and Forecast to 2027 (US$ Million)

8.4       Hybrid Stepper Motor

8.4.1        Overview

8.4.2        Hybrid Stepper Motor Market Revenue and Forecast to 2027 (US$ Million)

8.5       Variable Reluctance Stepper Motor

8.5.1        Overview

8.5.2        Variable Reluctance Stepper Motors Market Revenue and Forecast to 2027 (US$ Million)

9.             Stepper Motors Market Analysis – By End User

9.1       Overview

9.2       Stepper Motors Market Breakdown, by End-User, 2019 & 2027

9.3       Semiconductors

9.3.1        Overview

9.3.2        Semiconductor Market Revenue and Forecast to 2027 (US$ Million)

9.4       Packaging and Labelling

9.4.1        Overview

9.4.2        Packaging and Labelling Market Revenue and Forecast to 2027 (US$ Million)

9.5       Medical Equipment

9.5.1        Overview

9.5.2        Medical Equipment Market Revenue and Forecast to 2027 (US$ Million)

9.6       Industrial Machineries

9.6.1        Overview

9.6.2        Industrial Machineries Market Revenue and Forecast to 2027 (US$ Million)

9.7       Others

9.7.1        Overview

9.7.2        Others Market Revenue and Forecast to 2027 (US$ Million)

10.          Stepper Motor Market – Geographic Analysis

10.1    Overview

10.2    North America: Stepper Motor Market

10.2.1     North America: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

10.2.2     North America: Stepper Motor Market, By Type

10.2.3     North America: Stepper Motor Market, By Technology

10.2.4     North America: Stepper Motor Market, By End User

10.2.5     North America: Stepper Motor Market, By Country

10.2.5.1    US: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

10.2.5.1.1    US: Stepper Motor Market, By Type

10.2.5.1.2    US: Stepper Motor Market, By Technology

10.2.5.1.3    US: Stepper Motor Market, By End User

10.2.5.2    Canada: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

10.2.5.2.1    Canada: Stepper Motor Market, By Type

10.2.5.2.2    Canada: Stepper Motor Market, By Technology

10.2.5.2.3    Canada: Stepper Motor Market, By End User

10.2.5.3    Mexico: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

10.2.5.3.1    Mexico: Stepper Motor Market, By Type

10.2.5.3.2    Mexico: Stepper Motor Market, By Technology

10.2.5.3.3    Mexico: Stepper Motor Market, By End User

10.3    Europe: Stepper Motor Market

10.3.1     Europe: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

10.3.2     Europe: Stepper Motor Market, By Type

10.3.3     Europe: Stepper Motor Market, By Technology

10.3.4     Europe: Stepper Motor Market, By End User

10.3.5     Europe: Stepper Motor Market, By Country

10.3.5.1    Germany: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

10.3.5.1.1    Germany: Stepper Motor Market, By Type

10.3.5.1.2    Germany: Stepper Motor Market, By Technology

10.3.5.1.3    Germany: Stepper Motor Market, By End User

10.3.5.2    France: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

10.3.5.2.1    France: Stepper Motor Market, By Type

10.3.5.2.2    France: Stepper Motor Market, By Technology

10.3.5.2.3    France: Stepper Motor Market, By End User

10.3.5.3    Italy: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

10.3.5.3.1    Italy: Stepper Motor Market, By Type

10.3.5.3.2    Italy: Stepper Motor Market, By Technology

10.3.5.3.3    Italy: Stepper Motor Market, By End User

10.3.5.4    UK: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

10.3.5.4.1    UK: Stepper Motor Market, By Type

10.3.5.4.2    UK: Stepper Motor Market, By Technology

10.3.5.4.3    UK: Stepper Motor Market, By End User

10.3.5.5    Russia: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

10.3.5.5.1    Russia: Stepper Motor Market, By Type

10.3.5.5.2    Russia: Stepper Motor Market, By Technology

10.3.5.5.3    Russia: Stepper Motor Market, By End User

10.3.5.6    Rest of Europe: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

10.3.5.6.1    Rest of Europe: Stepper Motor Market, By Type

10.3.5.6.2    Rest of Europe: Stepper Motor Market, By Technology

10.3.5.6.3    Rest of Europe: Stepper Motor Market, By End User

10.4    APAC: Stepper Motor Market

10.4.1     APAC: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

10.4.2     APAC: Stepper Motor Market, By Type

10.4.3     APAC: Stepper Motor Market, By Technology

10.4.4     APAC: Stepper Motor Market, By End User

10.4.5     APAC: Stepper Motor Market, By Country

10.4.5.1    China: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

10.4.5.1.1    China: Stepper Motor Market, By Type

10.4.5.1.2    China: Stepper Motor Market, By Technology

10.4.5.1.3    China: Stepper Motor Market, By End User

10.4.5.2    India: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

10.4.5.2.1    India: Stepper Motor Market, By Type

10.4.5.2.2    India: Stepper Motor Market, By Technology

10.4.5.2.3    India: Stepper Motor Market, By End User

10.4.5.3    Japan: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

10.4.5.3.1    Japan: Stepper Motor Market, By Type

10.4.5.3.2    Japan: Stepper Motor Market, By Technology

10.4.5.3.3    Japan: Stepper Motor Market, By End User

10.4.5.4    South Korea: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

10.4.5.4.1    South Korea: Stepper Motor Market, By Type

10.4.5.4.2    South Korea: Stepper Motor Market, By Technology

10.4.5.4.3    South Korea: Stepper Motor Market, By End User

10.4.5.5    Australia: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

10.4.5.5.1    Australia: Stepper Motor Market, By Type

10.4.5.5.2    Australia: Stepper Motor Market, By Technology

10.4.5.5.3    Australia: Stepper Motor Market, By End User

10.4.5.6    Rest of APAC: Stepper motor Market – Revenue and Forecast to 2027 (US$ Million)

10.4.5.6.1    Rest of APAC: Stepper Motor Market, By Type

10.4.5.6.2    Rest of APAC: Stepper Motor Market, By Technology

10.4.5.6.3    Rest of APAC: Stepper Motor Market, By End User

10.5    MEA: Stepper Motor Market

10.5.1     MEA: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

10.5.2     MEA: Stepper Motor Market, By Type

10.5.3     MEA: Stepper Motor Market, By Technology

10.5.4     MEA: Stepper Motor Market, By End User

10.5.5     MEA: Stepper Motor Market, By Country

10.5.5.1    UAE: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

10.5.5.1.1    UAE: Stepper Motor Market, By Type

10.5.5.1.2    : Stepper Motor Market, By Technology

10.5.5.1.3    UAE: Stepper Motor Market, By End User

10.5.5.2    Saudi Arabia: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

10.5.5.2.1    Saudi Arabia: Stepper Motor Market, By Type

10.5.5.2.2    Saudi Arabia: Stepper Motor Market, By Technology

10.5.5.2.3    Saudi Arabia: Stepper Motor Market, By End User

10.5.5.3    South Africa: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

10.5.5.3.1    South Africa: Stepper Motor Market, By Type

10.5.5.3.2    South Africa: Stepper Motor Market, By Technology

10.5.5.3.3    South Africa: Stepper Motor Market, By End User

10.5.5.4    Rest of MEA: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

10.5.5.4.1    Rest of MEA: Stepper Motor Market, By Type

10.5.5.4.2    Rest of MEA: Stepper Motor Market, By Technology

10.5.5.4.3    Rest of MEA: Stepper Motor Market, By End User

10.6    SAM: Stepper Motor Market

10.6.1     SAM: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

10.6.2     SAM: Stepper Motor Market, By Type

10.6.3     SAM: Stepper Motor Market, By Technology

10.6.4     SAM: Stepper Motor Market, By End User

10.6.5     SAM: Stepper Motor Market, By Country

10.6.5.1    Brazil: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

10.6.5.1.1    Brazil: Stepper Motor Market, By Type

10.6.5.1.2    Brazil: Stepper Motor Market, By Technology

10.6.5.1.3    Brazil: Stepper Motor Market, By End User

10.6.5.2    Argentina: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

10.6.5.2.1    Argentina: Stepper Motor Market, By Type

10.6.5.2.2    Argentina: Stepper Motor Market, By Technology

10.6.5.2.3    Argentina: Stepper Motor Market, By End User

10.6.5.3    Rest of SAM: Stepper Motor Market – Revenue And Forecast To 2027 (US$ Million)

10.6.5.3.1    Rest of SAM: Stepper Motor Market, By Type

10.6.5.3.2    Rest of SAM: Stepper Motor Market, By Technology

10.6.5.3.3    Rest of SAM: Stepper Motor Market, By End User

11.          Impact of Coronavirus Outbreak

11.1    IMPACT OF COVID-19 PANDEMIC ON GLOBAL STEPPER MOTOR MARKET

11.1.1     North America: Impact Assessment of COVID-19 Pandemic

11.1.2     Europe: Impact Assessment of COVID-19 Pandemic

11.1.3     Asia-Pacific: Impact Assessment of COVID-19 Pandemic

11.1.4     RoW: Impact Assessment of COVID-19 Pandemic

12.          Industry Landscape

12.1    Market Initiative

12.2    Merger and Acquisition

12.3    New Development

13.          Introduction

13.1    ABB Ltd.

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.1.6     Key Developments

13.2    Applied Motion Products, Inc.

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6     Key Developments

13.3    Delta Electronics

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.3.6     Key Developments

13.4    FAULHABER Group

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

13.5    National Instruments Corporation

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4     Financial Overview

13.5.5     SWOT Analysis

13.5.6     Key Developments

13.6    Nidec Corporation

13.6.1     Key Facts

13.6.2     Business Description

13.6.3     Products and Services

13.6.4     Financial Overview

13.6.5     SWOT Analysis

13.6.6     Key Developments

13.7    Nippon Pulse Motor Co. Ltd.

13.7.1     Key Facts

13.7.2     Business Description

13.7.3     Products and Services

13.7.4     Financial Overview

13.7.5     SWOT Analysis

13.7.6     Key Developments

13.8    Oriental Motor USA Corp.

13.8.1     Key Facts

13.8.2     Business Description

13.8.3     Products and Services

13.8.4     Financial Overview

13.8.5     SWOT Analysis

13.8.6     Key Developments

13.9    SANYO DENKI CO., LTD

13.9.1     Key Facts

13.9.2     Business Description

13.9.3     Products and Services

13.9.4     Financial Overview

13.9.5     SWOT Analysis

13.9.6     Key Developments

13.10 Schneider Electric SE

13.10.1   Key Facts

13.10.2   Business Description

13.10.3   Products and Services

13.10.4   Financial Overview

13.10.5   SWOT Analysis

13.10.6   Key Developments

14.          Appendix

14.1    About The Insight Partners

14.2    Word Index

LIST OF TABLES

Table 1.             Stepper motor Market – Revenue, and Forecast to 2027 (US$ Million)

Table 2.             Global Stepper Motor Market, By Region – Revenue And Forecast To 2027 (US$ Million)

Table 3.             North America Stepper Motor Market, By Type – Revenue And Forecast To 2027 (US$ Million)

Table 4.             North America Stepper Motor Market, By Technology – Revenue And Forecast To 2027 (US$ Million)

Table 5.             North America Stepper Motor Market, By End User – Revenue And Forecast To 2027 (US$ Million)

Table 6.             North America Stepper Motor Market, By Country – Revenue And Forecast To 2027 (US$ Million)

Table 7.             US Stepper Motor Market, By Type – Revenue And Forecast To 2027 (US$ Million)

Table 8.             US Stepper Motor Market, By Technology – Revenue And Forecast To 2027 (US$ Million)

Table 9.             US Stepper Motor Market, By End User – Revenue And Forecast To 2027 (US$ Million)

Table 10.          Canada Stepper Motor Market, By Type – Revenue And Forecast To 2027 (US$ Million)

Table 11.          Canada Stepper Motor Market, By Technology – Revenue And Forecast To 2027 (US$ Million)

Table 12.          Canada Stepper Motor Market, By End User – Revenue And Forecast To 2027 (US$ Million)

Table 13.          Mexico Stepper Motor Market, By Type – Revenue And Forecast To 2027 (US$ Million)

Table 14.          Mexico Stepper Motor Market, By Technology – Revenue And Forecast To 2027 (US$ Million)

Table 15.          Mexico Stepper Motor Market, By End User – Revenue And Forecast To 2027 (US$ Million)

Table 16.          Europe Stepper Motor Market, By Type – Revenue And Forecast To 2027 (US$ Million)

Table 17.          Europe Stepper Motor Market, By Technology – Revenue And Forecast To 2027 (US$ Million)

Table 18.          Europe Stepper Motor Market, By End User – Revenue And Forecast To 2027 (US$ Million)

Table 19.          Europe Stepper Motor Market, By Country – Revenue And Forecast To 2027 (US$ Million)

Table 20.          Germany Stepper Motor Market, By Type – Revenue And Forecast To 2027 (US$ Million)

Table 21.          Germany Stepper Motor Market, By Technology – Revenue And Forecast To 2027 (US$ Million)

Table 22.          Germany Stepper Motor Market, By End User – Revenue And Forecast To 2027 (US$ Million)

Table 23.          France Stepper Motor Market, By Type – Revenue And Forecast To 2027 (US$ Million)

Table 24.          France Stepper Motor Market, By Technology – Revenue And Forecast To 2027 (US$ Million)

Table 25.          France Stepper Motor Market, By End User – Revenue And Forecast To 2027 (US$ Million)

Table 26.          Italy Stepper Motor Market, By Type – Revenue And Forecast To 2027 (US$ Million)

Table 27.          Italy Stepper Motor Market, By Technology – Revenue And Forecast To 2027 (US$ Million)

Table 28.          Italy Stepper Motor Market, By End User – Revenue And Forecast To 2027 (US$ Million)

Table 29.          UK Stepper Motor Market, By Type – Revenue And Forecast To 2027 (US$ Million)

Table 30.          UK Stepper Motor Market, By Technology – Revenue And Forecast To 2027 (US$ Million)

Table 31.          UK Stepper Motor Market, By End User – Revenue And Forecast To 2027 (US$ Million)

Table 32.          Russia Stepper Motor Market, By Type – Revenue And Forecast To 2027 (US$ Million)

Table 33.          Russia Stepper Motor Market, By Technology – Revenue And Forecast To 2027 (US$ Million)

Table 34.          Russia Stepper Motor Market, By End User – Revenue And Forecast To 2027 (US$ Million)

Table 35.          Rest of Europe Stepper Motor Market, By Type – Revenue And Forecast To 2027 (US$ Million)

Table 36.          Rest of Europe Stepper Motor Market, By Technology – Revenue And Forecast To 2027 (US$ Million)

Table 37.          Rest of Europe Stepper Motor Market, By End User – Revenue And Forecast To 2027 (US$ Million)

Table 38.          APAC Stepper Motor Market, By Type – Revenue And Forecast To 2027 (US$ Million)

Table 39.          APAC Stepper Motor Market, By Technology – Revenue And Forecast To 2027 (US$ Million)

Table 40.          APAC Stepper Motor Market, By End User – Revenue And Forecast To 2027 (US$ Million)

Table 41.          APAC Stepper Motor Market, By Country – Revenue And Forecast To 2027 (US$ Million)

Table 42.          China Stepper Motor Market, By Type – Revenue And Forecast To 2027 (US$ Million)

Table 43.          China Stepper Motor Market, By Technology – Revenue And Forecast To 2027 (US$ Million)

Table 44.          China Stepper Motor Market, By End User – Revenue And Forecast To 2027 (US$ Million)

Table 45.          India Stepper Motor Market, By Type – Revenue And Forecast To 2027 (US$ Million)

Table 46.          India Stepper Motor Market, By Technology – Revenue And Forecast To 2027 (US$ Million)

Table 47.          India Stepper Motor Market, By End User – Revenue And Forecast To 2027 (US$ Million)

Table 48.          Japan Stepper Motor Market, By Type – Revenue And Forecast To 2027 (US$ Million)

Table 49.          Japan Stepper Motor Market, By Technology – Revenue And Forecast To 2027 (US$ Million)

Table 50.          Japan Stepper Motor Market, By End User – Revenue And Forecast To 2027 (US$ Million)

Table 51.          South Korea Stepper Motor Market, By Type – Revenue And Forecast To 2027 (US$ Million)

Table 52.          South Korea Stepper Motor Market, By Technology – Revenue And Forecast To 2027 (US$ Million)

Table 53.          South Korea Stepper Motor Market, By End User – Revenue And Forecast To 2027 (US$ Million)

Table 54.          Australia Stepper Motor Market, By Type – Revenue And Forecast To 2027 (US$ Million)

Table 55.          Australia Stepper Motor Market, By Technology – Revenue And Forecast To 2027 (US$ Million)

Table 56.          Australia Stepper Motor Market, By End User – Revenue And Forecast To 2027 (US$ Million)

Table 57.          Rest of APAC Stepper Motor Market, By Type – Revenue And Forecast To 2027 (US$ Million)

Table 58.          Rest of APAC Stepper Motor Market, By Technology – Revenue And Forecast To 2027 (US$ Million)

Table 59.          Rest of APAC Stepper Motor Market, By End User – Revenue And Forecast To 2027 (US$ Million)

Table 60.          MEA Stepper Motor Market, By Type – Revenue And Forecast To 2027 (US$ Million)

Table 61.          MEA Stepper Motor Market, By Technology – Revenue And Forecast To 2027 (US$ Million)

Table 62.          MEA Stepper Motor Market, By End User – Revenue And Forecast To 2027 (US$ Million)

Table 63.          MEA Stepper Motor Market, By Country – Revenue And Forecast To 2027 (US$ Million)

Table 64.          UAE Stepper Motor Market, By Type – Revenue And Forecast To 2027 (US$ Million)

Table 65.          UAE Stepper Motor Market, By Technology – Revenue And Forecast To 2027 (US$ Million)

Table 66.          UAE Stepper Motor Market, By End User – Revenue And Forecast To 2027 (US$ Million)

Table 67.          Saudi Arabia Stepper Motor Market, By Type – Revenue And Forecast To 2027 (US$ Million)

Table 68.          Saudi Arabia Stepper Motor Market, By Technology – Revenue And Forecast To 2027 (US$ Million)

Table 69.          Saudi Arabia Stepper Motor Market, By End User – Revenue And Forecast To 2027 (US$ Million)

Table 70.          South Africa Stepper Motor Market, By Type – Revenue And Forecast To 2027 (US$ Million)

Table 71.          South Africa Stepper Motor Market, By Technology – Revenue And Forecast To 2027 (US$ Million)

Table 72.          South Africa Stepper Motor Market, By End User – Revenue And Forecast To 2027 (US$ Million)

Table 73.          Rest of MEA Stepper Motor Market, By Type – Revenue And Forecast To 2027 (US$ Million)

Table 74.          Rest of MEA Stepper Motor Market, By Technology – Revenue And Forecast To 2027 (US$ Million)

Table 75.          Rest of MEA Stepper Motor Market, By End User – Revenue And Forecast To 2027 (US$ Million)

Table 76.          SAM Stepper Motor Market, By Type – Revenue And Forecast To 2027 (US$ Million)

Table 77.          SAM Stepper Motor Market, By Technology – Revenue And Forecast To 2027 (US$ Million)

Table 78.          SAM Stepper Motor Market, By End User – Revenue And Forecast To 2027 (US$ Million)

Table 79.          SAM Stepper Motor Market, By Country – Revenue And Forecast To 2027 (US$ Million)

Table 80.          Brazil Stepper Motor Market, By Type – Revenue And Forecast To 2027 (US$ Million)

Table 81.          Brazil Stepper Motor Market, By Technology – Revenue And Forecast To 2027 (US$ Million)

Table 82.          Brazil Stepper Motor Market, By End User – Revenue And Forecast To 2027 (US$ Million)

Table 83.          Argentina Stepper Motor Market, By Type – Revenue And Forecast To 2027 (US$ Million)

Table 84.          Argentina Stepper Motor Market, By Technology – Revenue And Forecast To 2027 (US$ Million)

Table 85.          Argentina Stepper Motor Market, By End User – Revenue And Forecast To 2027 (US$ Million)

Table 86.          Rest of SAM Stepper Motor Market, By Type – Revenue And Forecast To 2027 (US$ Million)

Table 87.          Rest of SAM Stepper Motor Market, By Technology – Revenue And Forecast To 2027 (US$ Million)

Table 88.          Rest of SAM Stepper Motor Market, By End User – Revenue And Forecast To 2027 (US$ Million)

Table 89.          List of Abbreviation

 

LIST OF FIGURES

Figure 1.           Stepper motor Market Segmentation

Figure 2.           Stepper motor Market Segmentation – By Geography

Figure 3.           Global Stepper Motor Market Overview

Figure 4.           Stepper motor Market, by Geography

Figure 5.           Stepper motor Market, By Type

Figure 6.           Stepper motor Market, By Technology

Figure 7.           Stepper motor Market, By End User

Figure 8.           North America – PEST Analysis

Figure 9.           Europe – PEST Analysis

Figure 10.        Asia-Pacific – PEST Analysis

Figure 11.        MEA– PEST Analysis

Figure 12.        SAM– PEST Analysis

Figure 13.        Stepper motor Market – Ecosystem Analysis

Figure 14.        Stepper motor Market: Impact Analysis of Drivers And Restraints

Figure 15.        Geographic Overview of Stepper Motor Market

Figure 16.        Stepper motor Market – Revenue and Forecast to 2027 (US$ Million)

Figure 17.        Stepper Motors Market Breakdown, by Type (2019 and 2027)

Figure 18.        Rotary Stepper Motors Market Revenue and Forecast To 2027(US$ Million)

Figure 19.        Fully Enclosed Stepper Motors Market Revenue and Forecast To 2027(US$ Million)

Figure 20.        Integrated Lead Screw Stepper Motors Market Revenue and Forecast To 2027(US$ Million)

Figure 21.        Stepper Motors Market Breakdown, by Technology (2019 and 2027)

Figure 22.        Permanent Magnet Stepper Motor Market Revenue and Forecast to 2027(US$ Million)

Figure 23.        Hybrid Stepper Motor Market Revenue and Forecast to 2027(US$ Million)

Figure 24.        Variable Reluctance Stepper Motors Market Revenue and Forecast to 2027(US$ Million)

Figure 25.        Stepper Motors Market Breakdown, by End User (2019 and 2027)

Figure 26.        Semiconductor Market Revenue and Forecast to 2027(US$ Million)

Figure 27.        Packaging and Labeling Market Revenue and Forecast to 2027(US$ Million)

Figure 28.        Medical Equipment Market Revenue and Forecast to 2027(US$ Million)

Figure 29.        Industrial Machineries Market Revenue and Forecast to 2027(US$ Million)

Figure 30.        Others Market Revenue and Forecast to 2027(US$ Million)

Figure 31.        Global Stepper Motor Market Revenue Share, By Region (2019 and 2027)

Figure 32.        North America: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

Figure 33.        North America Stepper Motor Market Revenue Share, By Type (2019 and 2027)

Figure 34.        North America Stepper Motor Market Revenue Share, By Technology (2019 and 2027)

Figure 35.        North America Stepper Motor Market Revenue Share, By End User (2019 and 2027)

Figure 36.        North America Stepper Motor Market Revenue Share, By Country (2019 and 2027)

Figure 37.        US: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

Figure 38.        Canada: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

Figure 39.        Mexico: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

Figure 40.        Europe: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

Figure 41.        Europe: Stepper Motor Market Revenue Share, By Type (2019 and 2027)

Figure 42.        Europe: Stepper Motor Market Revenue Share, By Technology (2019 and 2027)

Figure 43.        Europe: Stepper Motor Market Revenue Share, By End User (2019 and 2027)

Figure 44.        Europe: Stepper Motor Market Revenue Share, By Country (2019 and 2027)

Figure 45.        Germany: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

Figure 46.        France: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

Figure 47.        Italy: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

Figure 48.        UK: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

Figure 49.        Russia: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

Figure 50.        Rest of Europe: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

Figure 51.        APAC: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

Figure 52.        APAC: Stepper Motor Market Revenue Share, By Type (2019 and 2027)

Figure 53.        APAC: Stepper Motor Market Revenue Share, By Technology (2019 and 2027)

Figure 54.        APAC: Stepper Motor Market Revenue Share, By End User (2019 and 2027)

Figure 55.        APAC: Stepper Motor Market Revenue Share, By Country (2019 and 2027)

Figure 56.        China: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

Figure 57.        India: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

Figure 58.        Japan: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

Figure 59.        South Korea: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

Figure 60.        Australia: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

Figure 61.        Rest of APAC: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

Figure 62.        MEA: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

Figure 63.        MEA: Stepper Motor Market Revenue Share, By Type (2019 and 2027)

Figure 64.        MEA: Stepper Motor Market Revenue Share, By Technology (2019 and 2027)

Figure 65.        MEA: Stepper Motor Market Revenue Share, By End User (2019 and 2027)

Figure 66.        MEA: Stepper Motor Market Revenue Share, By Country (2019 and 2027)

Figure 67.        UAE: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

Figure 68.        Saudi Arabia: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

Figure 69.        South Africa: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

Figure 70.        Rest of MEA: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

Figure 71.        SAM: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

Figure 72.        SAM: Stepper Motor Market Revenue Share, By Type (2019 and 2027)

Figure 73.        SAM: Stepper Motor Market Revenue Share, By Technology (2019 and 2027)

Figure 74.        SAM: Stepper Motor Market Revenue Share, By End User (2019 and 2027)

Figure 75.        SAM: Stepper Motor Market Revenue Share, By Country (2019 and 2027)

Figure 76.        Brazil: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

Figure 77.        Argentina: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

Figure 78.        Rest of SAM: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

Figure 79.        Impact of COVID-19 Pandemic In North American Country Markets

Figure 80.        Impact of COVID-19 Pandemic In Europe Country Markets

Figure 81.        impact of COVID-19 Pandemic In Asia Pacific Country Markets

Figure 82.        Impact of COVID-19 Pandemic In Row Markets

 

The List of Companies - Stepper Motor Market

  1. ABB Ltd
  2. Applied Motion Products, Inc.
  3. Delta Electronics
  4. FAULHABER Group
  5. National Instruments Corporation
  6. Nidec Corporation
  7. Nippon Pulse Motor Co. Ltd
  8. Oriental Motor USA Corp
  9. SANYO DENKI CO., LTD
  10. Schneider Electric SE

 

  • Highlights key business priorities in order to assist companies to realign their business strategies.

  • The key findings and recommendations highlight crucial progressive industry trends in the stepper motormarket, thereby allowing players to develop effective long term strategies.

  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.

  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to components, aircraft type, and end-users.
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Frequently Asked Questions

The APAC region led the stepper motor market in 2019. The regrets become a hub for the semiconductors industry. China, particularly, holds nearly half of global market value, divided ~50-50 between domestic demand as well as Taiwan-based, ODMs or foundries, serving global clients. China also aims to establish a self-sufficient semiconductors industry as well as the ascent to become a world powerhouse at the same time. Japan is a prominent supplier of semiconductor materials, special semiconductors, and high-end equipment. Thus, the presence of the well-established semiconductors industry is expected to boost the demand for stepper motor in the region.

The increasing demand for stepper motor in medical devices is supporting the growth of the stepper motor market. Presently, stepper motors are one of the most common motor types used in medical analyzers. Further, there is an increasing demand for stepper motors in X-ray machines, ultrasound scanners, IV pumps, as well as blood analyzers. Recent technological developments in the healthcare industry, for instance, oxygen concentrators, use stepper motors in fans for cooling. The compact size and low noise of stepper motors make it an ideal choice for medical applications.

The semiconductor segment led the stepper motors market with a significant market share. Stepper motor is widely used in the semiconductors industry as they help the semiconductor original equipment manufacturers (OEMs), as well as electronic device manufacturers, optimize equipment to provide efficient productivity and performance. Several semiconductor & electronics manufacturing applications where stepper motors are deployed, namely electronic device manufacturing, semiconductor wafer processing and handling, semiconductor testing and packaging, and many more.

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