What is Spindle Motors Market?
A spindle motor is a small, high precision, a high-reliability electric motor which is used to rotate the shaft or spindle on which the platters are mounted on a hard disk drive (HDD). A platter is a high precision aluminum, thin, glass disk which is covered on both sides with high precision magnetic material. The important characteristics of the spindle motors include small size, high reliability, low power consumption, minimal wobbling and vibration, low heat output and minimal noise output.
The market study is being classified by Type (Tools Spindle Motors, Built-in Spindle Motors, High-speed Spindle Motors and Others), by Application (Heavy-duty Machine Tool, Electric Appliances and Machinery Manufacturing Industry) and major geographies with country level break-up.
Mitsubishi Electric (Japan), Yaskawa (Japan), Parker Hannifin (United States), isel Germany AG (Germany), Siemens (Germany), HSD USA, Inc. (United States), Heidenhain (Germany), Changzhou Hanqi Spindle Motor Co., Ltd. (China), Magna Products Corp (United States) and Bosch (Germany) are some of the key players profiled in the study.
Research Analyst at AMA predicts that German Manufacturers will contribute to the maximum growth of Global Spindle Motors market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Spindle Motors market by Type, Application and Region.
On the basis of geography, the market of Spindle Motors has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- High Reliability and Low Power Consumption
- Increased Applications of the Spindle Motor in Various Industries
Market Trend
- Demand for the Spindle Motors with Improved Features
Restraints
- Cost Associated With Spindle Motors
Opportunities
- Growing Demand for High-Speed Spindle Motors
- Increasing Demand from End-User Industry
Key Target Audience
Spindle Motors Manufacturers, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user