Micro Motor Market Regional Analysis

Global Micro Motor Market size was valued at USD 40.7 billion in 2023 and is poised to grow from USD 42.53 billion in 2024 to USD 60.48 billion by 2032, growing at a CAGR of 4.5% during the forecast period (2025-2032). 

Global micro motor market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D. 'Nidec Corporation (Japan) ', 'Maxon Motor AG (Switzerland) ', 'Johnson Electric Holdings Limited (Hong Kong) ', 'MinebeaMitsumi Inc. (Japan) ', 'Bühler Motor GmbH (Germany) ', 'Portescap (USA) ', 'Faulhaber Group (Germany) ', 'Allied Motion Technologies Inc. (USA) ', 'AMETEK, Inc. (USA) ', 'TE Connectivity Ltd. (Switzerland) ', 'ABB Ltd (Switzerland) ', 'Siemens AG (Germany) ', 'Bosch Rexroth AG (Germany) ', 'Oriental Motor Co., Ltd. (Japan) ', 'Shinano Kenshi Co., Ltd. (Japan) ', 'Pelonis Technologies, Inc. (USA) ', 'Power Electric (China) ', 'Ineed Electronics Co., Ltd (China) ', 'Orbray Co., Ltd. (Japan) ', 'T-Motor (China) '

Increased automation in industries is one of the principal reasons expected to propel the expansion of the market. This is most visible in the medical industry, which promotes the use of automation to strengthen traditional medical service standards. Using cost-effective options such as micro motors, laboratories can achieve operational automation for testing large amounts of samples quickly and efficiently.

Micro motors are in high demand from major automotive manufacturers worldwide. Automotive parts and components are in high demand for a variety of applications. The market adoption of various micromotors is being driven by the demand for DC and brushed micromotors. Micromotors are now available in automotive seats to improve massager capabilities. ORVM, power windows, and other key applications of micromotors are seeing increased adoption. As a result of the rise of smart technologies in the automotive sector, demand appears to be much more effective.

The Asia Pacific (APAC) region held the dominant position in the global micro motor market share during the forecast period due to increasing demand and application from various end use industries, increasing technological advancements and demand from emerging countries, growing potential application of micro motor with the advent of technology, and increasing adoption of automation processes in this region. The rapid growth of manufacturing these motors in China is propelling regional growth. China is also a major exporter of automobiles and auto parts. As a result, increased car production in the region is expected to drive market growth during the forecasting years.