Changes, primarily fuelled by performance demands from discerning customers, are afoot in the small motors market. Small motors are used in a number of industries including consumer electronics and applications, aerospace, healthcare, and the automotive industry. The small motors market is anticipated to be worth just under US$ 10 billion by 2026.
Fact.MR has adopted multi-disciplinary approach to shed light on the evolution of the global Small Motors market during the historical period of 2012 – 2016. The study presents a deep-dive assessment of the current growth dynamics, major avenues in the estimation year of 2026, and key prospects over the forecast period 2017 – 2026.
