Consumer Electronics Electric Motor Market Size, Share, Key Players, Growth Trend, and Forecast Till 2032

0
553

Global Consumer Electronics Electric Motors Market is slated to witness lucrative gains through 2032. Growing disposable incomes coupled with rapid industrialization in emerging economies such as India and China have bolstered consumer spending on electronic products, creating a strong growth outlook for the industry. As per the Press Information Bureau of India, in the year 2021-222, the country's production of electronics was valued at USD 80 billion.

Many companies operating in this field are opting for mergers and acquisition strategies to stay ahead of the competition, which will favor industry growth through 2032. For instance, in May 2022, Allied Motion Technologies Inc., a U.S.-based manufacturer of advanced motion control products, announced the acquisition of ThinGap, a prominent manufacturer of zero-cogging slotless motors. This strategic move will help the company expand its precision motion capabilities and advance its strategy to offer integrated motion solutions in the area of semiconductors, robotics, and others.

Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/5554

The overall consumer electronics electric motors market is categorized in terms of type, application, and region.

Based on type, the consumer electronics electric motors industry size from the universal motor segment is poised to be worth over USD 6 billion by 2032. This can be credited to the growing demand for household appliances and portable power equipment that run on these motors. Due to their simple construction, these motors cost less and require low power input for operations. Their compactness and lightweight make them suitable for manufacturing home appliances such as blenders, vacuum cleaners, sewing machines, and more, thus, augmenting segment gains.

In terms of application, the consumer electronics electric motors market share from mobile phone segment is anticipated to record significant growth through 2032. Recent advancements in electronic appliances have led to the development of linear resonant actuators which demonstrate high energy efficiency, offer precise haptic feedback, and are compact, making them suitable for mobile applications. Moreover, electric motors have gained immense traction in the cameras of mobile phones for deploying autofocus mechanisms.

On the regional front, Europe consumer electronics electric motors market is expected to grow at over 6% CAGR from 2023 to 2032. Government-led initiatives in the region focused on cutting down GHG emissions have bolstered the demand for energy-efficient yet high-performing electric motors for manufacturing consumer electronics. In fact, the European Climate Law introduces an obligation for EU countries to cut greenhouse gas emissions by at least 55% by 2030. Such initiatives will streamline the expansion of the regional industry throughout the estimation period.

Request for customization @ https://www.gminsights.com/roc/5554

Table of Contents (ToC) of the report:

Chapter 1 Methodology & Scope

1.1 Methodology & Scope

1.1.1 Scope & Market Definition s

1.2 Base estimates & calculations

1.3 Forecast calculations.

1.4 COVID-19 impact analysis.

1.4.1 North America

1.4.2 Europe

1.4.3 Asia Pacific

1.4.4 Latin America

1.4.5 Middle East & Africa

1.5 Data Sources

1.5.1 Primary

1.5.2 Data mining sources

1.5.2.1 Paid sources

1.5.2.2 Public sources

Chapter 2 Executive Summary

2.1 Global consumer electronics electric motor industry 3600 synopsis, 2023 - 2032.

2.1.1 Business trends

2.1.2 Electric motor trends

2.1.3 Application trends

2.1.4 Regional trends

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/consumer-electronics-electric-motor-market

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Aashit Tiwari

Corporate Sales, USA

Global Market Insights Inc.

Toll Free: 1-888-689-0688

USA: +1-302-846-7766

Europe: +44-742-759-8484

APAC: +65-3129-7718

Email:sales@gminsights.com

Search
Categories
Read More
Health
Exploring the Rich Cultural Heritage of Yoruba Crafts Botanica
In the heart of Yorubaland, amidst the vibrant culture and traditions of the Yoruba people, lies...
By Seo Marketer 2024-05-23 20:01:16 0 118
Networking
Indian Escort Girls in Abu Dhabi) O555226484 (Indian Call Girls in Abu Dhabi
Indian Escort Girls in Abu Dhabi) O555226484 (Indian Call Girls in Abu Dhabi ā˜Popular Call Me...
By Pinkrozy Rose 2024-02-20 13:20:06 0 291
Games
The Advantageous Edge of Gigaspin88
  Looking for a reliable and exciting online gaming platform? Look no further than...
By James Smith 2024-04-27 09:34:12 0 147
Games
How to Safely Buy FC 25 Coins for Your Dream Squad
If you’re looking to buy FC 25 Coins to enhance your Ultimate Team quickly, it’s...
By Casey Bennett 2024-09-30 21:56:07 0 15
Wellness
The Marvel movie is rife with African history
The Marvel movie is rife with African history Good histories connect our past to our present. The...
By Bill Will 2022-01-28 12:57:28 0 1K