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PUBLISHER: IMARC | PRODUCT CODE: 1236884
PUBLISHER: IMARC | PRODUCT CODE: 1236884
Stepper System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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The global stepper system market size reached US$ 3.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.0 Billion by 2028, exhibiting a growth rate (CAGR) of 4.45% during 2023-2028.
The stepper system refers to an integrated solution consisting of high-performance micro-stepping drives with high-torque stepper motors in various mechanical devices. The system primarily consists of a stepper motor that acts as an electrochemical device that converts electrical power into mechanical power, along with single and dual-shaft motors, power supplies, interface cables and configuration software. It is commonly utilized for providing accurate control of position and velocity and is used for applications that require accurate positioning and speed control, such as in 3D printing equipment, textile machines, printing presses, medical imaging equipment and robotics.
Significant growth in the robotics industry across the globe is one of the key factors driving the growth of the market. Furthermore, the increasing utilization of automated equipment across industries is another factor providing a boost to the market growth. There is widespread adoption of stepper motors in industrial machines and robots as they can be easily deployed and offer superior performance. Also, the development of miniaturized motors has enhanced the product adoption across applications that require superior torque speed, precision and efficiency. Additionally, technological advancements, including the integration of input/output (I/O) terminals in stepper motors, which offer various operational advantages, such as cost-efficiency and ease of use in machinery with spatial constraints, are creating a positive outlook for the market. Other factors, including rapid industrialization and extensive research and development (R&D) activities, are projected to drive the market further.
Key Market Segmentation:
- IMARC Group provides an analysis of the key trends in each sub-segment of the global stepper system market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on component type and end-use.
Breakup by Component Type:
- Stepper Motors
- Stepper Drives
Breakup by End-Use:
- Industrial Machinery
- Medical Devices
- Semiconductor Machinery
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
- The competitive landscape of the industry has also been examined with some of the key players being ABB, Beckhoff Automation, MinebeaMitsumi, Nidec Corporation, Nippon Pulse Motor Co. Ltd., Oriental Motor Co. Ltd., Parker Hannifin, Sanyo Denki Co. Ltd., Schneider Electric SE, etc.
Key Questions Answered in This Report:
- 1. What was the size of the global stepper system market in 2022?
- 2. What is the expected growth rate of the global stepper system market during 2023-2028?
- 3. What are the key factors driving the global stepper system market?
- 4. What has been the impact of COVID-19 on the global stepper system market?
- 5. What is the breakup of the global stepper system market based on the component type?
- 6. What is the breakup of the global stepper system market based on the end use?
- 7. What are the key regions in the global stepper system market?
- 8. Who are the key players/companies in the global stepper system market?
Product Code: SR1523A149_Report
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Stepper System Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Component Type
- 6.1 Stepper Motors
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Stepper Drives
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by End-Use
- 7.1 Industrial Machinery
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Medical Devices
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Semiconductor Machinery
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Others
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.1.1 United States
- 8.2 Asia Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.2.1 China
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.3.1 Germany
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.4.1 Brazil
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 SWOT Analysis
- 9.1 Overview
- 9.2 Strengths
- 9.3 Weaknesses
- 9.4 Opportunities
- 9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Indicators
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 ABB
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.1.3 Financials
- 13.3.1.4 SWOT Analysis
- 13.3.2 Beckhoff Automation
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.2.3 Financials
- 13.3.3 MinebeaMitsumi
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.3.3 Financials
- 13.3.3.4 SWOT Analysis
- 13.3.4 Nidec Corporation
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.4.3 Financials
- 13.3.4.4 SWOT Analysis
- 13.3.5 Nippon Pulse Motor Co. Ltd.
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.6 Oriental Motor Co. Ltd.
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.7 Parker Hannifin
- 13.3.7.1 Company Overview
- 13.3.7.2 Product Portfolio
- 13.3.7.3 Financials
- 13.3.7.4 SWOT Analysis
- 13.3.8 Sanyo Denki Co. Ltd.
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.8.3 Financials
- 13.3.9 Schneider Electric SE
- 13.3.9.1 Company Overview
- 13.3.9.2 Product Portfolio
- 13.3.9.3 Financials
- 13.3.1 ABB
Product Code: SR1523A149_Report
List of Figures
- Figure 1: Global: Stepper System Market: Major Drivers and Challenges
- Figure 2: Global: Stepper System Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Stepper System Market: Breakup by Component Type (in %), 2022
- Figure 4: Global: Stepper System Market: Breakup by End-Use (in %), 2022
- Figure 5: Global: Stepper System Market: Breakup by Region (in %), 2022
- Figure 6: Global: Stepper System Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 7: Global: Stepper System (Stepper Motors) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 8: Global: Stepper System (Stepper Motors) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 9: Global: Stepper System (Stepper Drives) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 10: Global: Stepper System (Stepper Drives) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 11: Global: Stepper System (Industrial Machinery) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Stepper System (Industrial Machinery) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: Stepper System (Medical Devices) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Stepper System (Medical Devices) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Stepper System (Semiconductor Machinery) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Stepper System (Semiconductor Machinery) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: Global: Stepper System (Other End-Uses) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: Global: Stepper System (Other End-Uses) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: North America: Stepper System Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: North America: Stepper System Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: United States: Stepper System Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: United States: Stepper System Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: Canada: Stepper System Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: Canada: Stepper System Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: Asia Pacific: Stepper System Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: Asia Pacific: Stepper System Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: China: Stepper System Market: Sales Value (in Million US$), 2017 & 2022
- Figure 28: China: Stepper System Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 29: Japan: Stepper System Market: Sales Value (in Million US$), 2017 & 2022
- Figure 30: Japan: Stepper System Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 31: India: Stepper System Market: Sales Value (in Million US$), 2017 & 2022
- Figure 32: India: Stepper System Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: South Korea: Stepper System Market: Sales Value (in Million US$), 2017 & 2022
- Figure 34: South Korea: Stepper System Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 35: Australia: Stepper System Market: Sales Value (in Million US$), 2017 & 2022
- Figure 36: Australia: Stepper System Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 37: Indonesia: Stepper System Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: Indonesia: Stepper System Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: Others: Stepper System Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: Others: Stepper System Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: Europe: Stepper System Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: Europe: Stepper System Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: Germany: Stepper System Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: Germany: Stepper System Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: France: Stepper System Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: France: Stepper System Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 47: United Kingdom: Stepper System Market: Sales Value (in Million US$), 2017 & 2022
- Figure 48: United Kingdom: Stepper System Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 49: Italy: Stepper System Market: Sales Value (in Million US$), 2017 & 2022
- Figure 50: Italy: Stepper System Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 51: Spain: Stepper System Market: Sales Value (in Million US$), 2017 & 2022
- Figure 52: Spain: Stepper System Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 53: Russia: Stepper System Market: Sales Value (in Million US$), 2017 & 2022
- Figure 54: Russia: Stepper System Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 55: Others: Stepper System Market: Sales Value (in Million US$), 2017 & 2022
- Figure 56: Others: Stepper System Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 57: Latin America: Stepper System Market: Sales Value (in Million US$), 2017 & 2022
- Figure 58: Latin America: Stepper System Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 59: Brazil: Stepper System Market: Sales Value (in Million US$), 2017 & 2022
- Figure 60: Brazil: Stepper System Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 61: Mexico: Stepper System Market: Sales Value (in Million US$), 2017 & 2022
- Figure 62: Mexico: Stepper System Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 63: Others: Stepper System Market: Sales Value (in Million US$), 2017 & 2022
- Figure 64: Others: Stepper System Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 65: Middle East and Africa: Stepper System Market: Sales Value (in Million US$), 2017 & 2022
- Figure 66: Middle East and Africa: Stepper System Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 67: Global: Stepper System Industry: SWOT Analysis
- Figure 68: Global: Stepper System Industry: Value Chain Analysis
- Figure 69: Global: Stepper System Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Stepper System Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Stepper System Market Forecast: Breakup by Component Type (in Million US$), 2023-2028
- Table 3: Global: Stepper System Market Forecast: Breakup by End-Use (in Million US$), 2023-2028
- Table 4: Global: Stepper System Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 5: Global: Stepper System Market: Competitive Structure
- Table 6: Global: Stepper System Market: Key Players
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