Fact.MR’s recently published report estimates the global micro motor marketto register a moderate expansion at a little over 4% CAGR during the forecast period 2017 to 2022. Sales of micro motors will account for over US$ 30,000 Mn revenues in 2017; by 2022 this number is expected to incur average increment.
The new report on the Micro Motor market provides estimations of the size of the global market and share and size of key regional markets during the historical period of 2012 – 2016. Demonstrating 5% CAGR over 2017-2022, the automotive applications are presumed to attract the revenue of over US$ 9 Bn in the micro motor market, followed by applications in industry automation and medical equipment systems. The ... Read more
The new report on the Micro Motor market provides estimations of the size of the global market and share and size of key regional markets during the historical period of 2012 – 2016. Demonstrating 5% CAGR over 2017-2022, the automotive applications are presumed to attract the revenue of over US$ 9 Bn in the micro motor market, followed by applications in industry automation and medical equipment systems. The ... Read more