Technavio has monitored the coreless DC motors market in India in its latest market research report. The market is poised to grow by USD 474.10 thousand during 2021-2025, progressing at a CAGR of almost 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Download Free sample report
Impact of COVID-19 The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the coreless dc motors market in India. Frequently Asked Questions:
Based on segmentation as per products, which is the leading segment in the market? The cylindrical coreless DC motors will lead the market during the next few years.
What is the key driver influencing the market? The increasing need for customized coreless DC motors will drive the market positively over the forecast period.
At what rate is the market projected to grow? The market is projected to grow at a CAGR of almost 4% during 2021-2025.
What are the key market drivers and challenges? The advantages of coreless DC motors over cored DC motors are notably driving the coreless DC motors market growth in India, although factors such as lower adoption of coreless DC motors over conventional DC motors may impede the market growth.
What will be the YOY growth in 2021? The YOY growth rate for 2021 is estimated at 3.22%.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Allied Motion Technologies Inc., Altra Industrial Motion Corp., Baumuller Nurnberg GmbH, C.I. TAKIRON Corp., Citizen Chiba Precision Co. Ltd., FAULHABER MICROMO LLC, Maxon motor AG, Mclennan Servo Supplies Ltd., Shenzhen Topband Co. Ltd., and Telco Intercontinental Corp. are some of the major market participants. Although the advantages of coreless DC motors over cored DC motors, increased need to reduce the size of machine tools and advances in coreless DC motor design will offer immense growth opportunities. Lower adoption of coreless DC motors over conventional DC motors is likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this coreless dc motors market in India forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Coreless DC Motors Market in India 2021-2025: Segmentation Coreless DC Motors Market in India is segmented as below:
Coreless DC Motors Market in India 2021-2025: Scope Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The coreless DC motors market in India report covers the following areas:
Coreless DC Motors Market in India Size
Coreless DC Motors Market in India Trends
Coreless DC Motors Market in India Industry Analysis
This study identifies the increasing need for customized coreless DC motors as one of the prime reasons driving the coreless DC motors market in India growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform
Coreless DC Motors Market in India 2021-2025: Key Highlights
CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will assist coreless DC motors market growth in India during the next five years
Estimation of the coreless DC motors market size in India and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the coreless DC motors market in India across North America, Europe, APAC, and MEA
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of the coreless DC motors market vendors in India
Table of Contents:
Impact of COVID-19 on the industrials sector
Value chain analysis
Market segment analysis
Market size 2020
Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
Five Forces Analysis
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market Segmentation by Product
Comparison by Product
Cylindrical - Market size and forecast 2020-2025
Disc - Market size and forecast 2020-2025
Market opportunity by Product
Market Segmentation by Application
Comparison by Application
Industrial motion control - Market size and forecast 2020-2025
Medical device and lab equipment - Market size and forecast 2020-2025
Robotics - Market size and forecast 2020-2025
Market opportunity by Application
Market positioning of vendors
Allied Motion Technologies Inc.
Altra Industrial Motion Corp.
Baumuller Nurnberg GmbH
C.I. TAKIRON Corp.
Citizen Chiba Precision Co. Ltd.
FAULHABER MICROMO LLC
maxon motor AG
Mclennan Servo Supplies Ltd.
Shenzhen Topband Co. Ltd.
Telco Intercontinental Corp.
Scope of the report
Currency conversion rates for US$
List of abbreviations
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