Europe Stepper Motor Market Trends and Analysis by 2027

Historic Data: 2017-2018 | Base Year: 2019 | Forecast Period: 2020-2027

Europe Stepper Motor Market Forecast to 2027 - COVID-19 Impact and Regional 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), and Country

Report Date : Aug 2020
Report Code : TIPRE00013315

Category : Electronics and Semiconductor
Status : Published

Available Report Formats :
No. of Pages : 99

Page Updated: Jan 2021

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The stepper motor market in Europe was valued at US$ 450.1 million in 2019 and is projected to reach US$ 679.6 million by 2027; it is expected to grow at a CAGR of 5.8% from 2020 to 2027.

Various industries are implementing automation or robotics to execute safer and efficient work. The deployment of industrial robots in diverse industries has been increased rapidly. Almost every industry from automotive and 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 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. Therefore, a continuous focus on automation is driving the growth of the stepper motor market.

In Europe, Italy is the worst affected country by the COVID-19 outbreak, with approximately 115,242 active cases of COVID-19. Therefore, the region is expected to suffer an economic hit due to lack of revenue. Moreover, other European countries have implemented drastic regulations to minimize the spread of COVID-19. This is anticipated to negatively impact the growth of stepper motor market in Europe.

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Europe Stepper Motor Market Segmentation

Europe Stepper Motor Market, by Type

Integrated Lead Screw Stepper Motor
Rotary Stepper Motor
Fully-Enclosed Stepper Drives

Europe Stepper Motor Market, by Technology

Permanent Magnet Stepper Motor
Hybrid Stepper Motor
Variable Reluctance Stepper Motor

Europe Stepper Motor Market, by End User

Semiconductor
Packaging and Labelling
Medical Equipment
Industrial Machineries
Others

Europe Stepper Motor Market, by Country

Germany
France
Italy
UK
Russia
Rest of Europe

Europe Stepper Motor Market-Companies Mentioned

Applied Motion Products, Inc.
FAULHABER Group
Oriental Motor USA Corp.
SANYO DENKI CO., LTD
Nidec Corporation
Nippon Pulse Motor Co. Ltd.
ABB Ltd.
Schneider Electric SE
National Instruments Corporation
Delta Electronic

Europe Stepper Motor Report Scope

Report Attribute	Details
Market size in 2019	US$ 450.1 Million
Market Size by 2027	US$ 679.6 Million
Global CAGR (2020 - 2027)	5.8%
Historical Data	2017-2018
Forecast period	2020-2027
Segments Covered	By Type Integrated Lead Screw Stepper Motor Rotary Stepper Motor Fully-Enclosed Stepper Drives By Technology Permanent Magnet Stepper Motor Hybrid Stepper Motor Variable Reluctance Stepper Motor By End user Semiconductor Packaging and Labeling Medical Equipment Industrial Machineries
Regions and Countries Covered	Europe UK Germany France Russia Italy Rest of Europe
Market leaders and key company profiles	Applied Motion Products, Inc. FAULHABER Group Oriental Motor USA Corp. SANYO DENKI CO., LTD Nidec Corporation Nippon Pulse Motor Co. Ltd. ABB Ltd. Schneider Electric SE National Instruments Corporation

Research Manager

Naveen Chittaragi

Associate Vice President,
Market Research & Consulting

Naveen is an experienced market research and consulting professional with over 9 years of expertise across custom, syndicated, and consulting projects. Currently serving as Associate Vice President, he has successfully managed stakeholders across the project value chain and has authored over 100 research reports and 30+ consulting assignments. His work spans across industrial and government projects, contributing significantly to client success and data-driven decision-making.

Naveen holds an Engineering degree in Electronics & Communication from VTU, Karnataka, and an MBA in Marketing & Operations from Manipal University. He has been an active IEEE member for 9 years, participating in conferences, technical symposiums, and volunteering at both section and regional levels. Prior to his current role, he worked as an Associate Strategic Consultant at IndustryARC and as an Industrial Server Consultant at Hewlett Packard (HP Global).

What are the Europe Stepper Motor Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

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