According to SNS Insider, “The micromotor market was valued at US$ 43.3 billion in 2023 and is expected to reach US$ 81.37 billion by 2032, growing at a CAGR of 7.30% during the forecast period 2024-2032.”
The rate of micromotor adoption in automotive, medical, and consumer electronics will boost the use of micromotors in these industries in 2023. The performance metrics of micromotors in 2023 show that they have made significant advances in efficiency, durability, and functionality, allowing them to be integrated into increasingly complex systems. The integration capabilities of micromotors have also been improved, which can support their incorporation into applications ranging from robotics to medical devices. With the growing use, micromotors are widely used in many industries due to their ability to achieve precise motion, high-speed rotation, and compact design. Some of the important factors driving the market growth include the growing demand for automation, the popularity of robots and the Internet of Things, and the growing focus on energy-saving technologies. The trend towards miniaturization has further contributed to the adoption of micromotors in various industries that require compact and powerful solutions.
In 2023, DC motors accounted for 65% of the micro motor market due to their versatility, precise power control, excellent speed regulation, and high starting torque (speed regulation ensures drive accuracy). DC micro motors are essential components in areas such as automotive, robotics, and medical equipment, and play a vital role in ensuring operating efficiency. DC motors are used in automotive systems such as window lifts, seat adjusters, and electric mirrors, which is a proprietary technology used by companies such as Johnson Electric. On the other hand, due to their precise control capabilities, DC motors are also used in robotics by companies such as Nidec Corporation.
Known for their durability and low maintenance costs, AC motors are set to see significant growth during the forecast period from 2024 to 2032. With increasing focus on energy efficiency and sustainability, fuel flow sensors are increasingly being used in a variety of applications, including home appliances, heating, ventilation, and air conditioning (HVAC) systems, and industrial equipment. ABB uses AC motors in energy-efficient industrial equipment, while Siemens uses them in HVAC systems, demonstrating the growing demand for energy-efficient products in residential and industrial applications.
The sub-11V segment leads the micromotor market with a notable 36% share in 2023, driven by its use in low-power consumer electronics, small medical devices, and precision machinery. These motors are popular due to their small size, low power consumption, and high efficiency. Industries like healthcare rely on these motors for devices where size and efficiency are critical, such as insulin pumps and dental instruments. As micromotors find their niche in home appliances and electronics, they are supplied by companies like Johnson Electric. The above-48V segment is set to experience rapid growth between 2024 and 2032, driven by the growing popularity of electric vehicles (EVs), industrial automation, and heavy equipment. High-performance motors in this segment provide improved performance for applications that require more torque and power. Used in the powertrain of EVs, these motors improve the energy efficiency and overall performance of the vehicle. For example, while Maxon Motor offers high-voltage micromotors for robots, Faulhaber recently expanded its product range to above 48V for sophisticated applications in electric vehicles, reflecting the growing demand for such motors in the industrial sector.
The automotive sector dominated the micromotor market in 2023, driven by the growing use of micromotors in electric vehicles (EVs), advanced driver assistance systems (ADAS), and other automotive systems. Micromotors are used in seat adjusters, window lifters, powertrains, and various other automotive components to ensure the precision and reliability that are critical to the performance of the vehicle. The demand for automotive micromotors is growing, and companies like Johnson Electric are leading the market by offering automotive micromotors.
The healthcare sector is expected to be the fastest growing application area for micromotors in the forecast period of 2024–2032. This is driven by the growing demand for compact, efficient, and high-performance motors for medical devices. These motors are used in applications such as insulin pumps, dental instruments, and surgical instruments where precision and compactness are critical. With the advancement of medical technology and the growing focus on personalized medical solutions, the application of micromotors in the healthcare sector is expected to expand rapidly, driving innovation and growth in the field.
In 2023, the Asia Pacific (APAC) region is expected to lead the micromotor market with a 35% share due to its strong industrial base and rapid urbanization. Key manufacturing industries in these regions, including automation and robotics, consumer electronics, and automotive, are driving the demand for micromotors. Robotics and electric vehicle manufacturing are also driving the growth of the micromotor market, with Nidec Corporation and Mabuchi Motor being the leading companies in this field. Last but not the least, the dominance of the Asia Pacific region in this market is further enhanced by the rapid development of smart home and electric vehicle technologies.
Driven by advances in aerospace, healthcare, and electric vehicles, the North American market is set to grow at a healthy CAGR of 7.82% from 2024 to 2032. The rise of automation and defense industries has led to a surge in demand for precision micromotors, with manufacturers such as Maxon Motor and Johnson Electric producing motors for surgical instruments, drones, and robotics systems. The rise of smart devices in healthcare and automotive, as well as rapid technological advances, are driving the growth of the North American market.
Post time: Jul-28-2025