LONDON--(BUSINESS WIRE)--Technavio’s latest market research report on the coreless DC motors market in India provides an analysis of the most important trends expected to impact the market outlook from 2018-2022. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.
According to Technavio market research analysts, the coreless DC motors market in India will grow at a CAGR of almost 4% during the forecast period. The advantage of coreless DC motors over DC iron core motors is a major factor driving the market’s growth.
The conventional DC motors have an iron core permanent magnet and are designed to have teeth to power the winding motion that leads to torque ripple. The teeth of the iron core guarantee precision during the start and stop functionalities in robotic applications and result in vibration and noise. On the other hand, the design of coreless DC motors eradicates the magnet teeth, thereby reducing vibration and noise, and preventing clogging to certify the smooth functioning of DC motors at varying speeds. These advantages of coreless DC motors over conventional DC motors act as drivers for the increasing adoption of coreless DC motors, particularly in industrial applications.
This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing
Save more with Technavio. Buy 2 reports and get the third for FREE: View all Technavio’s current offers
In this report, Technavio highlights the increasing need for customized coreless DC motors as one of the key emerging trends in the coreless DC motors market in India:
Increasing need for customized coreless DC motors
The end-users are constantly trying to improve the available resources to reduce the overall capital expenditure (CAPEX) and operating expense (OPEX) involved in industrial applications. The use of energy-efficient motors has gained traction in the recent times. The rising need to reduce industrial machinery size and optimally utilize floor space has compelled vendors to provide customized products. As coreless DC motors feature a modular design, they provide vendors with the ease of customization. Vendors are trying to reduce the size of motors without compromising on the specified performance requirement. Furthermore, many vendors are providing customization options such as planetary gearheads for integration with application-specific motors and drive systems.
“The option of optical encoders is being provided by vendors as optical encoders provide accurate positions, feedback, and velocity of motors shaft that ensures efficient motor control. The rising preference for these parameters has increased the demand for coreless DC motors, and the growing customization of motors is expected to foster the demand for coreless DC motors during the forecast period,” says a senior analyst at Technavio for research on automation.
Looking for more information on this market? Request a free sample report
Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.
Coreless DC motors market in India segmentation
This market research report segments the coreless DC motors market in India into the following applications (industrial motion control, medical device and lab equipment, and robotics) and products (cylindrical and disc).
The cylindrical product segment held the largest market share in 2017, accounting for over 61% of the market. This segment is expected to post steady growth during the forecast period.
The industrial motion control segment was the leading application for the coreless DC motors market in India in 2017, accounting for a market share of more than 44%. This segment is expected to grow steadily during the forecast period.
Technavio’s best deals of the month!
Technavio supports Health for All campaign on this World Health Day with 20% savings on all reports in the Health and Wellness category for the entire month.
Celebrate International Astronomy Day by indulging in a whopping 30% savings on all reports in the Space category. Offer valid from 16th April for a limited period.
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at firstname.lastname@example.org.