About Motor Spindles
Motor spindle is a small, electric motor with high-precision, high-reliability which is used to rotate the shaft, or spindle, on which the platters are mounted in a hard disk drive. Motor spindles do not rely upon an external motor to provide torque and power, and the motor is included as an integral part of the spindle shaft and housing assembly. This allows the spindle to rotate at higher speeds as a complete unit, without the additional limitations of belts or gears.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Motor Spindles market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Fischer Precise (United States), Westwind (United States), Kessler (Switzerland), Siemens (Germany), Guangzhou Haozhi (China), IBAG Group (Egypt), Nakanishi (Japan), GMN (Canada), Air Bearing (United Kingdom) and Alfred Jäger (Germany) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Step-Tec (Switzerland), Posa (United States), KLKJ (China), SycoTec (Germany) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Motor Spindles market by Type (Rolling Motor Spindles, Air Bearing Motor Spindles, Liquid Journal Motor Spindles and Others), Application (PCB Industry, Consumer Electronic, Machinery Manufacturing, Automotive and Aerospace and Others) and Region.
On the basis of geography, the market of Motor Spindles 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). If we see Market by Materials used, the sub-segment i.e. Aluminium will boost the Motor Spindles market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution channel, the sub-segment i.e. OEM will boost the Motor Spindles market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological advancements
Market Growth Drivers:
Wide range of applications of motor spindle is fuelling the market growth
Challenges:
Stiff competition among the major players
Opportunities:
Demand for high precision and effective products and Increased investments are boosting the market
Market Leaders and their expansionary development strategies
In August 2022, The CHIRON Group, headquartered in Tuttlingen, Germany, is continuing to follow its global growth strategy in 2022 too, and announced its takeover of 90 percent of the Croatian company HSTEC.
In July 2019, Changes in health care are driving more innovative tooling, including new machining strategies and complex cutting tools that help deliver more patient-centered solutions. NSK America Corp is achieving the ultra-tight tolerances of contemporary medical components requires spindle speeds often in the 60,000- to 80,000-rpm range. NSK America Corp. is seeing increasing demand for its iSpeed3 high-speed spindles for medical applications.
Key Target Audience
Manufacturers, Raw material suppliers, Government associations, Research organisations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.