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North America 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

Code: TIPRE00013314 | Pages: 92 | Industry: Electronics and Semiconductor | Date: Aug 2020
Covid

Stepper Motor Market Introduction

Stepper motor is a versatile machine predominantly used in diversified industries such as semiconductor, packaging and labeling, medical equipment, industrial machineries, and food & beverages for performing various linear manufacturing processes repeatedly with high torque at low speeds, as well as minimal maintenance. Some of the linear manufacturing process 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 motor manufactures are focusing on optimizing the design as well as manufacturing processes so as to deliver superior products with enhanced efficiency.

Stepper Motor



Market Overview and Dynamics

The stepper motor market in North America was valued at US$ 504.6 million in 2019 and is projected to reach US$ 735.4 million by 2027; it is expected to grow at a CAGR of 5.3% from 2020 to 2027. Growing applications in the healthcare industry and growing demand for automation are driving the growth of stepper motor market across the region. However, the adoption of alternatives is hindering the growth of stepper motor market. Further, growing trend for miniature stepper motors is creating business opportunities for companies operating in the market to achieve a significant share of the stepper motor market.

Stepper Motor Market Key Segments

Based on type, the market is further segmented into integrated lead screw stepper motor, rotary stepper motor, and fully-enclosed stepper drives. The rotary stepper motor segment held the largest share of the stepper motor market in 2019. Based on technology, the market is segmented into permanent magnet stepper motor, hybrid stepper motor, and variable reluctance stepper motor. In 2019, the hybrid stepper motor segment held a substantial share of the stepper motor market. Based on the end user, the market is divided into semiconductor, packaging and labeling, medical equipment, industrial machineries, and others. The semiconductor segment held the largest share of the stepper motor market in 2019.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the stepper motor market in North America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. 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., and Schneider Electric SE are among the major companies listed in the report.

 

 

 

 

Reasons to buy report

  • To understand the North America 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 the North America stepper motor market
  • Efficiently plan M&A and partnership deals in the North America 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 of the North America stepper motor market
  • Obtain market revenue forecast for market by various segments from 2020 to 2027 in the North American region.

North America Stepper Motor Market Segmentation

North America Stepper Motor Market, by Type

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

North America Stepper Motor Market, by Technology

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

North America Stepper Motor Market, by End User

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

North America Stepper Motor Market, by Country

  • US
  • Canada
  • Mexico

North America 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

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.           North America Stepper Motor Market Landscape

4.1         Market Overview

4.2         PEST Analysis

4.2.1        North America – PEST Analysis

4.3         Ecosystem Analysis

5.           North America Stepper Motor Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Increasing popularity of automation across different industries

5.1.2        Growing Popularity of Stepper Motors in Healthcare Sector

5.2         Market Restraints

5.2.1        Increasing Adoption Of Substitutes Such as Servo Motors

5.3         Market Opportunities

5.3.1        Growing trend 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 – North America Analysis

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

7.           North America 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.           North America 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.           North America 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.        North America Stepper Motor Market –  Country Analysis

10.1      North America: Stepper Motor Market, By Country

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

10.1.1.1.1       US: Stepper Motor Market, By Type

10.1.1.1.2       US: Stepper Motor Market, By Technology

10.1.1.1.3       US: Stepper Motor Market, By End User

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

10.1.1.2.1       Canada: Stepper Motor Market, By Type

10.1.1.2.2       Canada: Stepper Motor Market, By Technology

10.1.1.2.3       Canada: Stepper Motor Market, By End User

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

10.1.1.3.1       Mexico: Stepper Motor Market, By Type

10.1.1.3.2       Mexico: Stepper Motor Market, By Technology

10.1.1.3.3       Mexico: Stepper Motor Market, By End User

11.        Impact of Coronavirus Outbreak

11.1      Impact of COVID-19 Pandemic on North America Stepper Motor Market

11.1.1     North America: 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 Group0

13.4.1     Key Facts0

13.4.2     Business Description0

13.4.3     Products and Services1

13.4.4     Financial Overview1

13.4.5     SWOT Analysis1

13.4.6     Key Developments3

13.5      National Instruments Corporation4

13.5.1     Key Facts4

13.5.2     Business Description4

13.5.3     Products and Services5

13.5.4     Financial Overview5

13.5.5     SWOT Analysis7

13.5.6     Key Developments9

13.6      Nidec Corporation0

13.6.1     Key Facts0

13.6.2     Business Description0

13.6.3     Products and Services0

13.6.4     Financial Overview1

13.6.5     SWOT Analysis2

13.6.6     Key Developments4

13.7      Nippon Pulse Motor Co. Ltd.5

13.7.1     Key Facts5

13.7.2     Business Description5

13.7.3     Products and Services6

13.7.4     Financial Overview6

13.7.5     SWOT Analysis6

13.7.6     Key Developments8

13.8      Oriental Motor USA Corp.9

13.8.1     Key Facts9

13.8.2     Business Description9

13.8.3     Products and Services0

13.8.4     Financial Overview0

13.8.5     SWOT Analysis0

13.8.6     Key Developments2

13.9      SANYO DENKI CO., LTD3

13.9.1     Key Facts3

13.9.2     Business Description3

13.9.3     Products and Services4

13.9.4     Financial Overview4

13.9.5     SWOT Analysis6

13.9.6     Key Developments8

13.10   Schneider Electric SE9

13.10.1  Key Facts9

13.10.2  Business Description9

13.10.3  Products and Services0

13.10.4  Financial Overview0

13.10.5  SWOT Analysis2

13.10.6  Key Developments5

14.        Appendix6

14.1      About The Insight Partners6

14.2      Word Index6

LIST OF TABLES

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

Table 2.             North America Stepper Motor Market, By Type – Revenue And Forecast To 2027 (US$ Million)

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

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

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

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

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

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

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

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

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

Table 12.          Mexico Stepper Motor Market, By Technology – Revenue And Forecast To 2027 (US$ Million)

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

Table 14.          List of Abbreviation6

LIST OF FIGURES

Figure 1.           North America Stepper Motor Market Segmentation

Figure 2.           North America Stepper motor Market Segmentation – By Country

Figure 3.           North America Stepper Motor Market Overview

Figure 4.           Stepper motor Market, By Type

Figure 5.           Stepper motor Market, By Technology

Figure 6.           Stepper motor Market, By End User

Figure 7.           North America – PEST Analysis

Figure 8.           Stepper motor Market – Ecosystem Analysis

Figure 9.           Stepper motor Market: Impact Analysis of Drivers and Restraints

Figure 10.        North America: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

Figure 11.        Stepper Motors Market Breakdown, by Type (2019 and 2027)

Figure 12.        Rotary Stepper Motors Market Revenue and Forecast To 2027(US$ Million)

Figure 13.        Fully Enclosed Stepper Motors Market Revenue and Forecast To 2027(US$ Million)

Figure 14.        Integrated Lead Screw Stepper Motors Market Revenue and Forecast To 2027(US$ Million)

Figure 15.        Stepper Motors Market Breakdown, by Technology (2019 and 2027)

Figure 16.        Permanent Magnet Stepper Motor Market Revenue and Forecast to 2027(US$ Million)

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

Figure 18.        Variable Reluctance Stepper Motors Market Revenue and Forecast to 2027(US$ Million)

Figure 19.        Stepper Motors Market Breakdown, by End User (2019 and 2027)

Figure 20.        Semiconductor Market Revenue and Forecast to 2027(US$ Million)

Figure 21.        Packaging and Labeling Market Revenue and Forecast to 2027(US$ Million)

Figure 22.        Medical Equipment Market Revenue and Forecast to 2027(US$ Million)

Figure 23.        Industrial Machineries Market Revenue and Forecast to 2027(US$ Million)

Figure 24.        Others Market Revenue and Forecast to 2027(US$ Million)

Figure 25.        North America Stepper Motor Market Revenue Share, By Country (2019 and 2027)

Figure 26.        US: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)

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

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

Figure 29.        Impact of COVID-19 Pandemic In North American Country Markets

 

 

 

  1. Applied Motion Products, Inc.              
  2. FAULHABER Group     
  3. Oriental Motor USA Corp.       
  4. SANYO DENKI CO., LTD             
  5. Nidec Corporation     
  6. Nippon Pulse Motor Co. Ltd.                 
  7. ABB Ltd.          
  8. Schneider Electric SE                 
  9. National Instruments Corporation      
  10. Delta Electronic
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America 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 North America 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 North America 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 client products, segmentation, pricing and distribution

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