PUBLISHER: TechNavio | PRODUCT CODE: 1446144
PUBLISHER: TechNavio | PRODUCT CODE: 1446144
The coreless DC motors market in India is forecasted to grow by USD 665.32 mn during 2023-2028, accelerating at a CAGR of 4.62% during the forecast period. The report on the coreless DC motors market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the advantages of coreless DC motors over cored DC motors, the increased need to reduce the size of machine tools, and advances in coreless DC motor design.
Technavio's coreless DC motors market in India is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 3.98% |
CAGR | 4.62% |
Incremental Value | $665.32mn |
By Product
By End-user
By Power Output
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. Also, the emergence of digital signal processors (DSP) and innovation in the construction of coreless DC motors will lead to sizable demand in the market.
The report on the coreless DC motors market in India covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading coreless DC motors market in India vendors that include Baumuller Nurnberg GmbH, Citizen Watch Co. Ltd., ITOCHU Corp., maxon motor AG, Nidec Corp., Regal Rexnord Corp., Shanghai MOONS Electric Co. Ltd., and Shenzhen Topband Co. Ltd.. Also, the coreless DC motors market in India analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape and an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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