Integrated Stepper Motor Market Size to grow by USD 53.22 million between 2024-2028
According to a research report “ Integrated Stepper Motor Market” by End-user (Process industries, Discrete industries) Type (NEMA17, NEMA23) Geography (Europe, North America, APAC, Middle East and Africa, South America)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 53.22 million, at a CAGR of almost 7.14% during the forecast period. The integrated stepper motor market experiences significant growth due to the escalating need for automated systems and machinery in industries. Key sectors driving this demand include automobile manufacturing, packaging, food processing, healthcare, semiconductors, and robotics. Automated material handling equipment, such as cranes, pick-and-place robots, automated guided vehicles, and conveyors, are integral to these industries. Traditional loading processes, which rely on human labor for the operation of trailers, containers, forklifts, terminal tractors, and other machinery, are increasingly being replaced by these automated solutions.
Browse market data tables, figures, and in-depth TOC on “Integrated Stepper Motor Market” by End-user (Process industries, Discrete industries) Type (NEMA17, NEMA23) Geography (Europe, North America, APAC, Middle East and Africa, South America) Global Forecast to 2028. Download Free Sample
By End-user, the Process industries segment is projected to dominate the market size in 2024
NEMA17 integrated stepper motors are a preferred solution in the motion control and automation industry due to their compact design and precise control capabilities. Adhering to the NEMA 17 Standard, these motors offer compatibility with various mounting options and applications. With a step angle of 1.8 degrees per step, they ensure precise control over rotational movements, making them indispensable in applications that demand high accuracy. Notably, NEMA17 integrated stepper motors are extensively utilized in 3D printers to manage the exact movement of print heads and build platforms. Their versatility is a significant advantage, making them a popular choice in numerous automation projects.
By Type, NEMA17 segment is expected to hold the largest market size for the year 2024
In the process industry sector, which encompasses verticals such as energy and power, water and wastewater, and oil and gas, among others, the global power industry is projected to witness significant growth during the forecast period. This expansion is attributed to the escalating demand for energy, ongoing investments in the establishment of new power plants, and continuous capital infusion into upgrading existing electricity grids. Factors driving this demand include the increasing global population and urbanization, as well as the growing usage of electronic appliances. Furthermore, there is a discernible trend towards the adoption of renewable energy sources on a global scale.
Europe is forecasted to hold the largest market size by region in 2024
European industrial powerhouses, including Germany, Russia, the UK, and France, are experiencing maturing oil and gas fields, leading to a decline in domestic production and a subsequent rise in oil imports. In response, these countries have amplified their oil and gas Exploration and Production (E&P) activities to decrease reliance on imports. Moreover, governments in the region are implementing initiatives to ensure energy security. Additionally, substantial investments in seamless wireless communication systems are driving the growth and adoption of industrial automation across all major industry sectors in Europe.
The Integrated Stepper Motor Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:
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Research Analysis Overview
Title: Integrated Stepper Motors Market: Unipolar vs. Bipolar, Applications, and Key Players The Integrated Stepper Motors Market is witnessing significant growth due to their widespread adoption in various automation systems, including CNC machines, 3D printers, robotics, and semiconductor equipment. These motors come in two main types: Unipolar and Bipolar. Unipolar stepper motors use a single winding per phase, while Bipolar motors use two windings. The rotation angle of stepper motors is precise, making them ideal for applications requiring high positioning accuracy. Industrial automation sectors like Discrete Industries and Process Industries are major consumers of stepper motors. Smart city projects, IoT, and experimental apparatus also utilize these motors. Key applications include Automation Systems, Synthesis, Packaging Machinery, and Electrical Pulses in Electric Motors. Notable vendors in the Integrated Stepper Motors Market include Ace Matrix, NEMA17, and NEMA23. Unipolar motors are commonly used in 3D printers, while Bipolar motors are preferred for CNC machines and Robotics. The market is expected to grow further due to increasing demand from industries like Industrial Automation and Electronics. Keywords: Unipolar stepper motors, Bipolar stepper motors, Rotation angle, Automation systems, CNC machines, 3D printers, Robotics, Conventional motors, Electrical pulses, Electric motor, Synthesis, Smart city projects, IoT, NEMA23, NEMA17, Discrete industries, Process industries, Industrial premises, Vendor analysis, Ace matrix, Industrial Automation, Semiconductor equipment, Experimental Apparatus, Packaging Machinery.
Market Research Overview
The Integrated Stepper Motor Market is witnessing accurate and reliable market growth due to the increasing adoption of stepper motors in various industries. Stepper motors, including unipolar and bipolar types, are used in a wide range of applications such as Servo motors in Imaging equipment and Medical devices, Industrial automation systems, Automation processes in CNC machines, 3D printers, Robotics, and Printing Equipment. The market is segmented based on motor types, such as Hybrid stepper motors (Permanent Magnet and Variable-reluctance), Control algorithms, Microcontroller capabilities, and Industrial activities. Key applications include Discrete industries, Process industries, and Industrial premises. The market is driven by the demand for high-precision motion control, open-loop control, and driver circuits. Stepper motors find extensive usage in Smart city projects, IoT, and Synthesis in Semiconductor equipment, Experimental Apparatus, Packaging Machinery, and NEMA23, NEMA17, and other standard sizes. Vendor analysis reveals key players like Ace matrix, focusing on innovation and technological advancements. Industrial Automation, Infusion pumps, and Synthesis are significant end-users. The market is expected to continue growing due to promotions and advancements in stepper motor technology.
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