The Torque Motor Market is being driven by High operational efficiency of torque motors
The Torque Motor Market is expected to grow at a CAGR of 8.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 351.9 million. Constant torque motors, which are advanced brushless DC motors, are engineered for high efficiency and are controlled via 24-V signals. At the factory, Original Equipment Manufacturers (OEMs) can program these motors using specialized tools to cater to various high-performance applications. While these motors are inherently designed for consistent torque delivery, they can be customized for applications where variable torque is acceptable. OEMs determine the motor's programming based on the required torque levels in these applications. The motors' speed taps, up to five, can be programmed to generate the desired airflow for cooling, heating, or continuous fan operation, ensuring optimal system performance.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
222 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.4% |
Market growth 2025-2029 |
USD 351.9 million |
Market structure |
fragmentation |
YoY growth 2024-2025(%) |
7.6 |
Key countries |
China, US, Japan, India, South Korea, Canada, Australia, France, Germany, and UK |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Torque Motor Market encompasses various types of motors, including direct drive motors, which provide high torque without the need for reduction gears. Motor feedback systems, comprised of torque sensors and motor encoders, ensure accurate control. Magnetic flux, back emf, and sensors like hall effect sensors are integral for motor operation. Motor controllers, ICs, power electronics, and control methods like PWM, field oriented control, and vector control optimize efficiency and performance. Factors like efficiency class, IP rating, thermal management, motor cooling, lubrication, vibration, noise, life cycle, cost, integration, customization, research, and development continue to drive innovation in this sector.
The Torque Motor Market is a significant segment of the expansive Global Electrical Components and Equipment Market. This market encompasses organizations involved in the production of electric motors, including brushless DC motors, permanent magnet motors, synchronous motors, induction motors, stepper motors, and servo motors. The market size is determined by the consolidated revenue generated from manufacturers of various electrical equipment such as water heaters and accessories, motors, motor control, encoder and amplifier, automation solutions, electrical distribution and protection equipment, small generators, wire and cable accessories, power supplies and conditioners, sensors, meters and indicators, recorders and loggers, process safety systems, instrumentation, test and measurement equipment, switches, transmitters and receivers, HVAC, and safety components. Furthermore, the market includes rental and leasing services of electrical components and equipment to diverse end-users, including industrial, commercial, and residential sectors.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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