Research Report: Coreless DC Motors Market In India (2020-2024) | Need to Reduce Size of Machine Tools to Boost the Market Growth | Technavio

LONDON–(BUSINESS WIRE)–#CorelessDCMotorsMarketinIndia–Technavio has been monitoring the coreless dc motors market in India and it is poised to grow by $ 415.59 th during 2020-2024, 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.

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Frequently Asked Questions:

• What are the major trends in the market?
  Increasing need for customized coreless DC motors is a major trend driving the growth of the market.
• At what rate is the market projected to grow?
  The year-over-year growth for 2020 is estimated at 3.48% and the incremental growth of the market is anticipated to be $ 415.59 th.
• Who are the top players in the market?
  Allied Motion Technologies Inc., Altra Industrial Motion Corp., Baumüller Holding GmbH & Co. KG, C.I. TAKIRON Corp., Citizen Chiba Precision Co. Ltd., Dr. Fritz Faulhaber GmbH & Co. KG, maxon motor AG, Precision Microdrives Ltd., Shenzhen Topband Co. Ltd., and Telco Intercontinental Corp., are some of the major market participants
• What is the key market driver?
  The need to reduce size of machine tools is one of the major factors driving the market 

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Allied Motion Technologies Inc., Altra Industrial Motion Corp., Baumüller Holding GmbH & Co. KG, C.I. TAKIRON Corp., Citizen Chiba Precision Co. Ltd., Dr. Fritz Faulhaber GmbH & Co. KG, maxon motor AG, Precision Microdrives Ltd., Shenzhen Topband Co. Ltd., and Telco Intercontinental Corp. are some of the major market participants. The need to reduce size of machine tools will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Coreless DC Motors Market in India 2020-2024: Segmentation

Coreless DC Motors Market in India is segmented as below:

• Product
  • Cylindrical
  • Disc
• Application
  • Industrial Motion Control
  • Medical Device And Lab Equipment
  • Robotics

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Coreless DC Motors Market in India 2020-2024: 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.

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Coreless DC Motors Market in India 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist coreless dc motors market in India growth during the next five years
• Estimation of the coreless dc motors market in India size 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
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of coreless dc motors market in India vendors

Table of Contents:

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook
• Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

• Five forces summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Product

• Market segments
• Comparison by Product
• Cylindrical – Market size and forecast 2019-2024
• Disc – Market size and forecast 2019-2024
• Market opportunity by Product

Market Segmentation by Application

• Market segments
• Comparison by Application
• Industrial motion control – Market size and forecast 2019-2024
• Medical device and lab equipment – Market size and forecast 2019-2024
• Robotics – Market size and forecast 2019-2024
• Market opportunity by Application

Customer landscape

• Volume driver – Demand led growth
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Allied Motion Technologies Inc.
• Altra Industrial Motion Corp.
• Baumüller Holding GmbH & Co. KG
• C.I. TAKIRON Corp.
• Citizen Chiba Precision Co. Ltd.
• Dr. Fritz Faulhaber GmbH & Co. KG
• maxon motor AG
• Precision Microdrives Ltd.
• Shenzhen Topband Co. Ltd.
• Telco Intercontinental Corp.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations 

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