Stepper Motors Market Scope And Analysis

Report Code : TIPRE00009558
Category : Electronics and Semiconductor

No. of Pages : 150

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Stepper Motor Market Analysis and Scope (2024 to 2031)

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Stepper Motor Market Report Scope

Report Attribute	Details
Market size in 2023	US$ 2,358.45 Million
Market Size by 2031	US$ 3,317.91 Million
Global CAGR (2023 - 2031)	4.4%
Historical Data	2021-2022
Forecast period	2024-2031
Segments Covered	By Type Integrated Lead Screw Stepper Motor Rotary Stepper Motor Fully Enclosed Stepper Drives By Technology Permanent Magnet Stepper Motor Hybrid Stepper Motor Variable Reluctance Stepper Motor By End User Semiconductor Packaging and Labeling Medical Equipment Industrial Machineries
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	ABB Ltd Applied Motion Products Inc Delta Electronics FAULHABER Group National Instruments Corporation Nidec Corporation Nippon Pulse Motor Co Ltd Oriental Motor USA Corp SANYO DENKI CO LTD Schneider Electric SE

Stepper Motor Market News and Recent Developments

The stepper motor market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for stepper motor and strategies:

In November 2023, igus GmbH launched a double-shaft stepper motor for its drylin linear technology. It can be used to drive two linear axes. Another possible application is the installation of a hand wheel on the second drive shaft. In an emergency, users can turn the motor by hand with manual zero-point calibration. (Source: igus GmbH, Press Release, 2023)
In September 2023, Kollmorgen Corporation introduced the P80360 stepper drive, the newest addition to the company’s flagship P8000 stepper platform. The P80360 incorporates innovative step-less control technology to deliver smooth, quiet motion and optimal performance across the full speed range. The P80360 stepper drive can be used with all stepper motors with phase current up to 3.0 Arms. It is ideal for labelers, indexing tables, CNC machines, XYZ gantry systems such as 3D printers, packaging, medical lab equipment, pumps, and many other applications requiring simple point-to-point movements as well as linked motion sequences. (Source: Kollmorgen Corporation, Press Release, 2023)
In April 2023, Nanotec Electronic GmbH & Co. KG offered low-noise planetary gearboxes for brushless DC motors and stepper motors with NEMA 17 flange (42 mm). The gearboxes are available in single- and two-stage versions with seven different reductions and offer an output torque from 0.8 to 4.9 Nm. For use in harsh environments, the gearboxes are protected against penetration by dust and liquids, according to IP54. (Source: Nanotec Electronic GmbH & Co. KG, Press Release, 2023)

Stepper Motor Market Report Coverage and Deliverables

The “Stepper Motor Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
Market dynamics such as drivers, restraints, and key opportunities
Key future trends
Detailed PEST/Porter’s Five Forces and SWOT analysis
Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
Detailed company profiles