The global Hybrid Stepper Motors market was valued at 957.24 Million USD in 2021 and will grow with a CAGR of 5.28% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

A stepper motor or step motor or stepping motor is a brushless DC electric motor that divides a full rotation into a number of equal steps. The motor`s position can then be commanded to move and hold at one of these steps without any position sensor for feedback (an open-loop controller), as long as the motor is carefully sized to the application in respect to torque and speed. Stepper motors are available in three basic types; which are permanent magnet, variable reluctance and hybrid.Hybrid stepper motors combine aspects of both permanent magnet (PM) and variable reluctance (VR) stepper motors. Like PM motors, they contain a permanent magnet in the rotor teeth. Two sets of teeth called cups ring the rotor. One ring is all south poles, and the other ring is all north poles. The Hybrid Stepper Motors market is very concentrated market; the revenue of top ten manufacturers accounts about 90% of the total revenue in 2016. The high-end products mainly come from Japan and China. Hybrid Stepper Motors can be mainly segmented into two types, namely 2-phase and 3-phase. The 2-phase segment accounted for 88% market share in 2016 and is expected to grow at a CAGR exceeding 5% by 2022. They are witnessing a speedy adoption across automation industries, such as office automation equipment. Japan and China is the largest supplier of hybrid stepper motors, with a production market share nearly 90.70% in 2016. Asia Pacific also is the largest consumption place, with a consumption market share nearly 45.66% in 2016. Following Asia Pacific, North America is the second largest consumption place with the consumption market share of 24.47%. Innovation and Development of automation projects have led to the increasing demand for hybrid stepper motors. Increasing automation projects across the globe, especially in the Asia-Pacific is another major factor, driving the growth of the hybrid stepper motors market during the forecast period.

By Market Verdors:

Shinano Kenshi

MinebeaMitsumi

Nidec Servo

Moons`

Sanyo Denki

Oriental Motor

Tamagawa Seiki

Fulling Motor

Nippon Pulse Motor

Nanotec

AMETEK

Sonceboz

Phytron

MICROSTEP GmbH

STÖGRA

By Types:

2-phase Hybrid Stepper Motors

3-phase Hybrid Stepper Motors

By Applications:

Telecommunication Equipment

Office Equipment

Medical Equipment

Industrial Automation

Consumer Electronics

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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