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The torque motor market size is forecast to increase by USD 309.1 billion at a CAGR of 8.02% between 2023 and 2028. The market is experiencing significant growth due to the high operational efficiency of torque motors. This efficiency is driving the adoption of torque motors in various industries, particularly in applications requiring constant torque. Two primary cooling techniques, water-cooled and forced-air cooled, are used in torque motors, with water-cooled being more common due to its ability to handle higher power densities. The market is witnessing a shift towards the use of advanced motor materials, such as ferrite, neodymium, and samarium cobalt, to improve motor performance and reduce energy consumption. Moreover, the integration of cutting-edge technology, such as real-time monitoring systems, is gaining popularity in the market.
OEMs are increasingly focusing on the development of torque motors with advanced features to cater to the evolving needs of their customers. However, the market is facing challenges due to the volatility in raw material prices, which can impact the cost structure of torque motor manufacturing. To mitigate this challenge, manufacturers are exploring alternative materials and production methods to reduce their reliance on expensive raw materials. In summary, the market is witnessing growth due to the high operational efficiency of torque motors and the rising popularity of constant torque motor technology. The market is also experiencing a shift towards advanced cooling techniques and motor materials, as well as the integration of real-time monitoring systems.
The torque motors market is witnessing significant growth due to the increasing demand for torque motors in various industries. Torque motors are electric motors designed to generate high torque at low speeds, making them ideal for applications requiring precise control and power. Torque motors are finding extensive usage in the machine tool industry. In CNC machine tools, torque motors offer direct drive technology, eliminating the need for gearboxes and reducing maintenance costs. The high power output and speed control capabilities of torque motors enable efficient machining and improved productivity.
The robotics and semiconductor industries are other significant end-users of torque motors. Brushless DC torque motors, specifically, are popular in robotics due to their high efficiency, long life, and low maintenance. In semiconductor manufacturing, torque motors are used in conveyor systems for precise material handling and movement. Torque motors also find applications in industries such as food beverage & tobacco, flat panel display, medical equipment, and industrial machinery. In the food beverage & tobacco industry, torque motors are used for processing and packaging applications, requiring precise control and power. In flat panel display manufacturing, torque motors are used for the precise movement of panels during production.
In medical equipment, torque motors are used for various applications, including positioning and movement of components. In industrial machinery, torque motors are used for powering conveyor systems and other applications requiring high torque at low speeds. Torque motors are available in both AC and DC configurations. DC torque motors, such as brushless DC motors, are popular due to their high efficiency, long life, and ease of control. Brushless DC motors use rare-earth metals in their construction, making them more expensive but offering better performance. Cast iron and steel are commonly used materials for torque motor construction due to their strength and durability.
In conclusion, the torque motors market is witnessing growth due to the increasing demand for torque motors in various industries, including machine tool, robotics, semiconductor, food beverage & tobacco, flat panel display, medical equipment, and industrial machinery. Torque motors offer advantages such as high torque at low speeds, precise control, and long life, making them ideal for applications requiring power and efficiency.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
The dc torque motors segment is estimated to witness significant growth during the forecast period.The Torque Motors Market encompasses DC motors, which are essential components in various industries, including Machine Tool Industry, Robotics, Semiconductor, Food Beverage & Tobacco, Flat Panel Display, and Machine Tools. DC torque motors are classified into two main types: Brushed DC Torque Motors (BDCM) and Brushless DC Torque Motors (BLDCM). BDCM comprises a stator, rotor, brushes, and a commutator. The stator generates a stationary magnetic field, encircling the rotor, also known as the armature. The rotor consists of one or more windings, which are energized to produce a magnetic field. In contrast, BLDCM functions by passing electrical current through coils arranged in a fixed magnetic field.
This current generates a magnetic field senor within the coil, propelling the coil assembly to rotate. The coils are repelled from like poles and attracted to opposite poles. AC torque motors are not included in this discussion, as the focus is on DC torque motors. Artificial intelligence and machine learning technologies are increasingly being integrated into torque motors, enhancing their efficiency and performance in various applications.
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The DC torque motors segment accounted for USD 235.90 million in 2018 and showed a gradual increase during the forecast period.
APAC is estimated to contribute 45% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The market in Asia Pacific (APAC) is witnessing significant growth due to the increasing adoption of conveyor systems and robotics in manufacturing industries. Countries like China, Japan, India, Taiwan, and South Korea, which have a large manufacturing sector, are driving the demand for torque motors. The presence of numerous industrial machinery manufacturing facilities in China is particularly noteworthy, as it is fueling the consumption of machine tools that utilize torque motors for improved productivity. The demand for torque motors in APAC is projected to surpass the demand in developed regions, such as North America and Europe, during the forecast period.
This trend can be attributed to the ongoing establishment of new manufacturing facilities in APAC. ETEL's TMB+ motors are gaining popularity in the market due to their coolant jackets, which ensure water tightness and prolong the motor's lifespan. These motors are also equipped with sensors, cables, and bridges, making them suitable for various industrial applications. The advanced features of these motors, coupled with the growing demand for automation in manufacturing, are expected to boost their adoption in APAC. Keywords: the market, APAC, manufacturing industry, conveyor systems, robotics, industrial machinery, ETEL's TMB+ motors, coolant jackets, water tightness, sensors, cables, bridges.
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
High operational efficiency of torque motors is the key driver of the market. Torque motors play a significant role in powering various applications, particularly in industries such as aerospace, robotics, packaging, and machine tools. These motors are essential for applications that demand high operational efficiency, including drills, milling machines, and lathes. The integration of torque motors is facilitated by their availability in various sizes, enabling seamless incorporation into diverse applications. The minimal air gap and utilization of magnets allow for a generous hollow shaft or bore, accommodating cooling tubes, cables, and other necessary equipment with ease. Moreover, the ring-like configuration of torque motors reduces the volume needed for mounting, offering machinery designers increased flexibility.
In the realm of electronics & assembly, semiconductors and high-precision systems benefit from torque motors' power range and voltage capabilities. Linear motion systems, such as those used in CNC machines and medical devices, also rely on torque motors for their dependable performance.
Rising popularity of constant torque motor technology is the upcoming trend in the market. Constant torque motors, which are brushless DC motors, offer high efficiency and are controlled using 24-V signals. OEMs can make these motors programmable at the factory by utilizing specialized programming tools. These motors are suitable for various applications when integrated with machinery and systems. While constant torque motors are primarily designed to deliver consistent torque, there are instances where this is not necessary. In such applications, equipment manufacturers determine the motor's programming based on the required torque. They set the motor speed taps, typically up to 5 taps, to generate the desired airflow for cooling, heating, or continuous fan operation.
Industrial automation initiatives, such as the implementation of industrial robots and automated machinery, increasingly utilize electromechanical components like constant torque motors. Machine learning algorithms and adaptive control systems are essential in optimizing the performance of these components. Constant torque motors contribute significantly to the efficiency and productivity of machinery and industrial processes.
Volatility in raw material prices is a key challenge affecting the market growth. In the market, the cost of production is influenced by the price volatility of raw materials, such as steel, cast iron, and alloys. To mitigate this risk, major companies often establish long-term contracts with suppliers. However, smaller companies may not have this luxury, making them more susceptible to price fluctuations. These raw materials are globally traded commodities, subject to significant price fluctuations. This instability could negatively impact companies, potentially reducing sales due to increased torque motor prices. Cooling techniques, including water-cooled and forced-air cooling, are essential in torque motor production. The choice between ferrite, neodymium, and samarium cobalt magnets depends on the specific application.
OEMs increasingly adopt cutting-edge technology to enhance torque motor performance and efficiency. Real-time monitoring is crucial for maintaining optimal operating conditions and ensuring product quality. Key companies in the market include those specializing in low voltage and medium voltage applications. They focus on innovation and efficiency, using various materials like copper, aluminum, and rare-earth metal magnets. Cooling techniques and materials selection are critical factors in their production processes. By staying informed about market trends and raw material prices, these companies can adapt and remain competitive.
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
ATE Antriebstechnik and Entwicklungs GmbH and Co. KG - The market caters to the demand for high-performance sports motors. Our offerings deliver superior power and efficiency, making US a trusted supplier in this niche industry. With a focus on innovation and quality, we provide solutions that meet the specific requirements of our clients. Our team of experts ensures the timely delivery of customized motor solutions, contributing to the success of various applications in the sports sector.
The market research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The torque motors market is witnessing significant growth due to the increasing adoption of torque motors in various industries. Torque motors are type of electric motors that provide both motor and power transmission functions in a single compact unit. They are widely used in machine tools, robotics and semiconductor industries, food beverage & tobacco, flat panel display, and machine tools. Torque motors are available in both AC and DC versions, with brushless DC torque motors and permanent magnet motors being the most popular choices. The use of rare-earth metals, steel, and cast iron in the production of torque motors enhances their power output and efficiency.
Direct drive technology and brushless motors are key trends in the torque motors market. CNC machine tools, medical equipment, renewable energy systems, and industrial automation are major applications of torque motors. Integrated cooling systems and digital solutions are also gaining popularity in the market. Torque motors are used in conveyor systems, robotics, and industrial machinery. The market for torque motors is expected to grow further due to industrial automation initiatives and the increasing use of cutting-edge AI technology for real-time monitoring and adaptive control in various industries. Torque motors are essential components in various applications that require high power output and precise speed control.
They are used in aerospace, linear motors, and mechanical transmission components for high-precision systems. The use of advanced materials such as ferrite, neodymium, and samarium cobalt in torque motor design enhances their performance and reliability.
Market Scope |
|
Report Coverage |
Details |
Page number |
178 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.02% |
Market growth 2024-2028 |
USD 309.1 million |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
7.26 |
Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
Performing market contribution |
APAC at 45% |
Key countries |
China, US, Japan, Germany, and India |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
ATE Antriebstechnik and Entwicklungs GmbH and Co. KG, B. Kettere Sohne GmBH and Co. KG, Danaher Corp., ETEL SA, Fischer Elektromotoren GmbH, Franz Kessler GmbH, Hiwin Technologies Corp., Lafert Spa, Moog Inc., NUM AG, Oriental Motor Co. Ltd., Oswald Elektromotoren GmbH, Parker Hannifin Corp., Phase Motion Control Spa, Regal Rexnord Corp., Schaeffler AG, Siemens AG, Technai Team Spa, Tecnotion BV, and ZOLLERN GmbH and Co. KG |
Market dynamics |
Parent market analysis, market growth inducers and obstacles, market forecast, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, market condition analysis for the forecast period |
Customization purview |
If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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