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Middle East and Africa 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, and Others)

Code: TIPRE00014761 | Pages: 78 | Industry: Technology, Media and Telecommunications | Date: Oct 2020
Covid

Market Introduction

Stepper motor is a highly versatile machine predominantly used in diversified industries—such as semiconductor, packaging and labeling, medical equipment, industrial machineries, food & beverages, and many more—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. Factors like rising implementation of robotics and automation in industries as well as increase in stepper motor applications is expected to create a significant demand for stepper motor in the coming years, which is further anticipated to drive the MEA stepper motor market. Further, in case of COVID-19, MEA is highly affected especially South Africa. The majority of the business in these countries have come to a halt and is expected to continue slower than usual pace. The countries are taking significant containment measures to reduce the number of infected patients. Natural gas market continues to witness low demand in MEA due to Covid-19 as industrial activities are on hold besides supply excess due to demand reduction in top LNG importers. The natural gas prices in UAE and Saudi Arabian market has witnessed a reduction of 8% and 3%. The slowdown of the crude oil industry has negatively affected the investment in machineries in the crude oil industry. This in turn has further declined the market for stepper motor in MEA.

 

Market Overview and Dynamics

The stepper motor market in MEA is expected to grow from US$ 116.6 million in 2019 to US$ 158.4 million by 2027; it is estimated to grow at a CAGR of 4.33 % from 2020 to 2027.Technology advancement is expected to affect the MEA stepper motor market growth in a positive way. Small stepper motors are expected to witness continuous adoption in several applications, including robotic handling, medical devices, 3D printing, and industrial motion designs. Further, in hybrid stepper motor category, latest trends include the addition of a linear screw as well as nut on this shaft for providing a complete linear-motion solution. It makes these motors a more ready-to-go solution for customers. Other technological advancements include surge in double-shafted stepper motors and steppers with gearboxes. Also, a development of closed-loop systems is noticed making stepper motors full-fledged servos. So technological advancement is expected to create surge in demand of the stepper motor which will ultimately drives the MEA stepper motor market.

 

Key Market Segments

In terms of type, the rotary stepper motor accounted for the largest share of the MEA stepper motor market in 2019. In terms of technology, the hybrid stepper motor held a larger market share of the MEA stepper motor market in 2019. Further, the packaging and labeling held a larger share of the market based on end user in 2019.  

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the MEA stepper motor market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are ABB Ltd.; Delta Electronics; National Instruments Corporation; Nippon Pulse Motor Co. Ltd.; Schneider Electric SE.

Reasons to buy report

  • To understand the MEA stepper motor market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for MEA stepper motor market
  • Efficiently plan M&A and partnership deals in MEA stepper motor market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form MEA stepper motor market
  • Obtain market revenue forecast for market by various segments from 2020-2027 in MEA.

 

MEA Stepper Motor Market Segmentation

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
  • Others

By Country

  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of MEA

Company Profiles

  • ABB Ltd.
  • Delta Electronics
  • National Instruments Corporation
  • Nippon Pulse Motor Co. Ltd.
  • Schneider Electric SE

TABLE OF CONTENTS

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.           MEA Stepper Motor Market Landscape

4.1         Market Overview

4.2         MEA PEST Analysis

4.3         Ecosystem Analysis

5.           MEA Stepper Motor Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Rising Implementation of Robotics and Automation in Diverse Industries

5.1.2        Increase in Applications of Stepper Motors in Medical Field

5.2         Market Restraints

5.2.1.1          Surge in Implementation of Servo Motors in Motion Control Applications

5.3         Market Opportunities

5.3.1        Rising Demand for Miniature Stepper Motors

5.4         Future Trends

5.4.1        Technology Advancements

5.5         Impact Analysis of Drivers and Restraints

6.           Stepper motor Market – MEA Analysis

6.1         Stepper motor Market Overview

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

6.3         Market Positioning – Market Players Ranking

7.           MEA Stepper Motors Market Analysis – By Type

7.1         Overview

7.2         MEA 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 Drives

7.4.1        Overview

7.4.2        Fully Enclosed Stepper Drives 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.           MEA Stepper Motors Market Analysis – By Technology

8.1         Overview

8.2         MEA 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.           MEA Stepper Motors Market Analysis – By End User

9.1         Overview

9.2         MEA 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.        MEA Stepper Motor Market – Country Analysis

10.1      Overview

10.1.1     MEA: Stepper Motor Market, By Country

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

10.1.1.1.1       UAE: Stepper Motor Market, By Type

10.1.1.1.2       : Stepper Motor Market, By Technology

10.1.1.1.3       UAE: Stepper Motor Market, By End User

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

10.1.1.2.1       Saudi Arabia: Stepper Motor Market, By Type

10.1.1.2.2       Saudi Arabia: Stepper Motor Market, By Technology

10.1.1.2.3       Saudi Arabia: Stepper Motor Market, By End User

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

10.1.1.3.1       South Africa: Stepper Motor Market, By Type

10.1.1.3.2       South Africa: Stepper Motor Market, By Technology

10.1.1.3.3       South Africa: Stepper Motor Market, By End User

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

10.1.1.4.1       Rest of MEA: Stepper Motor Market, By Type

10.1.1.4.2       Rest of MEA: Stepper Motor Market, By Technology

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

11.        Impact of Coronavirus Outbreak on MEA Stepper Motor Market

11.1      Overview

11.1.1

12.        Industry Landscape

12.1      Market Initiative

12.2      Merger and Acquisition

12.3      New Development

13.        Company Profiles

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      Delta Electronics

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      National Instruments Corporation

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

13.5      Nippon Pulse Motor Co. Ltd.

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      Schneider Electric SE

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

14.        Appendix

14.1      About The Insight Partners

             14.2      Word Index

LIST OF TABLES

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

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

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

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

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

Table 6.             Saudi Arabia Stepper Motor Market, By Type – Revenue And Forecast To 2027 (US$ Million)

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

Table 8.             Saudi Arabia Stepper Motor Market, By End User – Revenue And Forecast To 2027 (US$ Million)

Table 9.             South Africa Stepper Motor Market, By Type – Revenue And Forecast To 2027 (US$ Million)

Table 10.          South Africa Stepper Motor Market, By Technology – Revenue And Forecast To 2027 (US$ Million)

Table 11.          South Africa Stepper Motor Market, By End User – Revenue And Forecast To 2027 (US$ Million)

Table 12.          Rest of MEA Stepper Motor Market, By Type – Revenue And Forecast To 2027 (US$ Million)

Table 13.          Rest of MEA Stepper Motor Market, By Technology – Revenue And Forecast To 2027 (US$ Million)

Table 14.          Rest of MEA Stepper Motor Market, By End User – Revenue And Forecast To 2027 (US$ Million)

Table 15.            List of Abbreviation

LIST OF FIGURES

Figure 1.           MEA Stepper Motor Market Segmentation

Figure 2.           MEA Stepper Motor Market Segmentation – By Country

Figure 3.           MEA Stepper Motor Market Overview

Figure 4.           MEA Stepper Motor Market, by Country

Figure 5.           MEA Stepper Motor Market, By Type

Figure 6.           MEA Stepper Motor Market, By Technology

Figure 7.           MEA Stepper Motor Market, By End User

Figure 8.           MEA– PEST Analysis

Figure 9.           MEA Stepper Motor Market – Ecosystem Analysis

Figure 10.        MEA Stepper Motor Market: Impact Analysis of Drivers and Restraints

Figure 11.        MEA Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

Figure 12.        MEA Stepper Motors Market Breakdown, by Type (2019 and 2027)

Figure 13.        MEA Rotary Stepper Motors Market Revenue and Forecast to 2027(US$ Million)

Figure 14.        MEA Fully Enclosed Stepper Drives Market Revenue and Forecast to 2027(US$ Million)

Figure 15.        MEA Integrated Lead Screw Stepper Motors Market Revenue and Forecast to 2027(US$ Million)

Figure 16.        MEA Stepper Motors Market Breakdown, by Technology (2019 and 2027)

Figure 17.        MEA Permanent Magnet Stepper Motor Market Revenue and Forecast to 2027(US$ Million)

Figure 18.        MEA Hybrid Stepper Motor Market Revenue and Forecast to 2027(US$ Million)

Figure 19.        MEA Variable Reluctance Stepper Motors Market Revenue and Forecast to 2027(US$ Million)

Figure 20.        MEA Stepper Motors Market Breakdown, by End User (2019 and 2027)

Figure 21.        MEA Semiconductor Market Revenue and Forecast to 2027(US$ Million)

Figure 22.        MEA Packaging and Labeling Market Revenue and Forecast to 2027(US$ Million)

Figure 23.        MEA Medical Equipment Market Revenue and Forecast to 2027(US$ Million)

Figure 24.        MEA Industrial Machineries Market Revenue and Forecast to 2027(US$ Million)

Figure 25.        MEA Others Market Revenue and Forecast to 2027(US$ Million)

Figure 26.        MEA: Stepper Motor Market Revenue Share, By Country (2019 and 2027)

Figure 27.        UAE: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

Figure 28.        Saudi Arabia: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

Figure 29.        South Africa: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

Figure 30.        Rest of MEA: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

Figure 31.          Impact of COVID-19 Pandemic on MEA Markets


The List of Companies - Middle East and Africa Stepper Motor Market

  1. ABB Ltd.
  2. Delta Electronics
  3. National Instruments Corporation
  4. Nippon Pulse Motor Co. Ltd.
  5. Schneider Electric SE
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the MEA stepper motor market.
  • 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 MEA stepper motor market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the stepper motor market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.

Related Tags Middle East and Africa Stepper Motor Market

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