South 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, and Others)
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 increase in deployment of robotics and automation in industries and increase in applications of stepper motors in medical field is expected to create a significant demand for stepper motor in the coming years, which is further anticipated to drive the SAM stepper motor market.
Moreover, in case of COVID-19, Brazil got the highest coronavirus cases in SAM. Factory shut downs has been witnessed in both end use OEMs and mechanical service providers who are tier 1 and 2 suppliers for industries such as automotive, building & construction, electrical & electronics, aerospace & defense, medical / healthcare, etc. This has adversely affected the overall market for stepper motors in the SAM.
Get more information on this report :
Market Overview and Dynamics
The stepper motor market in SAM is expected to grow from US$ 224.9 million in 2019 to US$ 329.7 million by 2027; it is estimated to grow at a CAGR of 5.39 % from 2020 to 2027.Growing demand for miniature stepper motors is expected to upswing the stepper motor market growth in SAM. Miniaturization is a constant concern for several industries, as well as one of the key trends in the current market scenario. Everything from desktop to hand tools and factory equipment is getting smaller, and more powerful motors are desired for motion and positioning systems. The enhanced design, as well as the modernized manufacturing process of miniature stepper motors, has resulted in their adoption in numerous applications such as medical and laboratory equipment, pumps, camera controls, and consumer electronics, where space for installation is limited. Yet, high torque and precision positioning is essential. Growing demand of miniature stepper motor due to several advantages such as less space utilization, high efficiency, high torque speed, high precision, and less weight is expected to drive the stepper motor market in SAM.
Key Market Segments
In terms of type, the rotary stepper motor accounted for the largest share of the SAM stepper motor market in 2019. In terms of technology, the hybrid stepper motor held a larger market share of the SAM stepper motor market in 2019. Further, the industrial machineries 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 SAM 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; Nidec Corporation; Nippon Pulse Motor Co. Ltd.; Schneider Electric SE.
Reasons to buy report
- To understand the SAM 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 SAM stepper motor market
- Efficiently plan M&A and partnership deals in SAM 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 SAM stepper motor market
- Obtain market revenue forecast for market by various segments from 2020-2027 in SAM.
SAM Stepper Motor Market Segmentation
- Integrated Lead Screw Stepper Motor
- Rotary Stepper Motor
- Fully-Enclosed Stepper Drives
By Technology
- Semiconductor
- Packaging and Labeling
- Medical Equipment
- Industrial Machineries
- Others
By Country
- Brazil
- Argentina
- Rest of SAM
Company Profiles
- ABB Ltd.
- Delta Electronics
- National Instruments Corporation
- Nidec 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. SAM Stepper Motor Market Landscape
4.1 Market Overview
4.2 SAM PEST Analysis
4.3 Ecosystem Analysis
5. SAM Stepper Motor Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Deployment of Robotics and Automation in Diverse Industries
5.1.2 Growing Application of Stepper Motors in Medical Sector
5.2 Market Restraints
5.2.1 Rising Implementation of Servo Motors in Motion Control Applications
5.3 Market Opportunities
5.3.1 Growing Demand for Miniature Stepper Motors
5.4 Future Trends
5.4.1 Technical Advancements
5.5 Impact Analysis of Drivers and Restraints
6. Stepper motor Market – SAM Analysis
6.1 SAM Stepper Motor Market Overview
6.2 SAM Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning – Market Players Ranking
7. SAM Stepper Motors Market Analysis – By Type
7.1 Overview
7.2 SAM 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. SAM Stepper Motors Market Analysis – By Technology
8.1 Overview
8.2 SAM 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. SAM Stepper Motors Market Analysis – By End User
9.1 Overview
9.2 SAM 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. SAM Stepper Motor Market – Country Analysis
10.1 Overview
10.1.1 SAM: Stepper Motor Market, By Country
10.1.1.1 Brazil: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.1.1 Brazil: Stepper Motor Market, By Type
10.1.1.1.2 Brazil: Stepper Motor Market, By Technology
10.1.1.1.3 Brazil: Stepper Motor Market, By End User
10.1.1.2 Argentina: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.2.1 Argentina: Stepper Motor Market, By Type
10.1.1.2.2 Argentina: Stepper Motor Market, By Technology
10.1.1.2.3 Argentina: Stepper Motor Market, By End User
10.1.1.3 Rest of SAM: Stepper Motor Market – Revenue And Forecast To 2027 (US$ Million)
10.1.1.3.1 Rest of SAM: Stepper Motor Market, By Type
10.1.1.3.2 Rest of SAM: Stepper Motor Market, By Technology
10.1.1.3.3 Rest of SAM: Stepper Motor Market, By End User
11. Impact of Coronavirus Outbreak On SAM Stepper Motor Market
11.1 Overview
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
13.4 Nidec Corporation
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 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 IndexLIST OF TABLES
Table 1. SAM Stepper Motor Market – Revenue, and Forecast to 2027 (US$ Million)
Table 2. SAM Stepper Motor Market, By Country – Revenue And Forecast To 2027 (US$ Million)
Table 3. Brazil Stepper Motor Market, By Type – Revenue And Forecast To 2027 (US$ Million)
Table 4. Brazil Stepper Motor Market, By Technology – Revenue And Forecast To 2027 (US$ Million)
Table 5. Brazil Stepper Motor Market, By End User – Revenue And Forecast To 2027 (US$ Million)
Table 6. Argentina Stepper Motor Market, By Type – Revenue And Forecast To 2027 (US$ Million)
Table 7. Argentina Stepper Motor Market, By Technology – Revenue And Forecast To 2027 (US$ Million)
Table 8. Argentina Stepper Motor Market, By End User – Revenue And Forecast To 2027 (US$ Million)
Table 9. Rest of SAM Stepper Motor Market, By Type – Revenue And Forecast To 2027 (US$ Million)
Table 10. Rest of SAM Stepper Motor Market, By Technology – Revenue And Forecast To 2027 (US$ Million)
Table 11. Rest of SAM Stepper Motor Market, By End User – Revenue And Forecast To 2027 (US$ Million)
Table 12. List of AbbreviationLIST OF FIGURES
Figure 1. SAM Stepper Motor Market Segmentation
Figure 2. SAM Stepper Motor Market Segmentation – By Country
Figure 3. SAM Stepper Motor Market Overview
Figure 4. SAM Stepper Motor Market, by Country
Figure 5. SAM Stepper Motor Market, By Type
Figure 6. SAM Stepper Motor Market, By Technology
Figure 7. SAM Stepper Motor Market, By End User
Figure 8. SAM– PEST Analysis
Figure 9. SAM Stepper Motor Market – Ecosystem Analysis
Figure 10. SAM Stepper Motor Market: Impact Analysis of Drivers And Restraints
Figure 11. SAM Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)
Figure 12. SAM Stepper Motors Market Breakdown, by Type (2019 and 2027)
Figure 13. SAM Rotary Stepper Motors Market Revenue and Forecast to 2027(US$ Million)
Figure 14. SAM Fully Enclosed Stepper Drives Market Revenue and Forecast to 2027(US$ Million)
Figure 15. SAM Integrated Lead Screw Stepper Motors Market Revenue and Forecast To 2027(US$ Million)
Figure 16. SAM Stepper Motors Market Breakdown, by Technology (2019 and 2027)
Figure 17. SAM Permanent Magnet Stepper Motor Market Revenue and Forecast to 2027(US$ Million)
Figure 18. SAM Hybrid Stepper Motor Market Revenue and Forecast to 2027(US$ Million)
Figure 19. SAM Variable Reluctance Stepper Motors Market Revenue and Forecast to 2027(US$ Million)
Figure 20. SAM Stepper Motors Market Breakdown, by End User (2019 and 2027)
Figure 21. SAM Semiconductor Market Revenue and Forecast to 2027(US$ Million)
Figure 22. SAM Packaging and Labeling Market Revenue and Forecast to 2027(US$ Million)
Figure 23. SAM Medical Equipment Market Revenue and Forecast to 2027(US$ Million)
Figure 24. SAM Industrial Machineries Market Revenue and Forecast to 2027(US$ Million)
Figure 25. SAM Others Market Revenue and Forecast to 2027(US$ Million)
Figure 26. SAM: Stepper Motor Market Revenue Share, By Country (2019 and 2027)
Figure 27. Brazil: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)
Figure 28. Argentina: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)
Figure 29. Rest of SAM: Stepper Motor Market – Revenue and Forecast to 2027 (US$ Million)
Figure 30. Impact of COVID-19 Pandemic on SAM MarketThe List of Companies - South America Stepper Motor Market
- ABB Ltd.
- Delta Electronics
- National Instruments Corporation
- Nidec Corporation
- Nippon Pulse Motor Co. Ltd.
- Schneider Electric SE
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the SAM 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 SAM 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 SAM 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.