South Africa Micro Motor Market Size & Outlook, 2023-2030
Related Markets
South Africa micro motor market highlights
- The South Africa micro motor market generated a revenue of USD 888.3 million in 2023 and is expected to reach USD 1,255.8 million by 2030.
- The South Africa market is expected to grow at a CAGR of 5.1% from 2024 to 2030.
- In terms of segment, dc motor was the largest revenue generating type in 2023.
- AC Motor is the most lucrative type segment registering the fastest growth during the forecast period.
Micro motor market data book summary
| Market revenue in 2023 | USD 888.3 million |
| Market revenue in 2030 | USD 1,255.8 million |
| Growth rate | 5.1% (CAGR from 2023 to 2030) |
| Largest segment | Dc motor |
| Fastest growing segment | AC Motor |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | DC Motor, AC Motor |
| Key market players worldwide | Mitsuba, Nidec Corp, Johnson Electric Holdings Ltd, Mabuchi Motor Co Ltd, Buhler Industries Inc, Robert Bosch Engineering & Business Solutions, Denso Corp, Siemens AG |
Other key industry trends
- In terms of revenue, South Africa accounted for 2.1% of the global micro motor market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia micro motor market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 1,607.6 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Micro Motor Market Scope
Micro Motor Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Mabuchi Motor Co Ltd | View profile | 19864 | 430 Matsuhidai Matsudo City, Chiba, Japan, 270-2280 | http://www.mabuchi-motor.co.jp |
| Johnson Electric Holdings Ltd | View profile | 35000 | 6th Floor, 12 Science Park East Avenue, Hong Kong Science Park, Shatin, New Territories, Hong Kong, Hong Kong | https://www.johnsonelectric.com |
| Robert Bosch Engineering & Business Solutions | View profile | 10001+ | Bangalore, Karnataka, India, Asia | http://www.bosch-india-software.com |
| Buhler Industries Inc | View profile | 813 | 1260 Clarence Avenue, Winnipeg, MB, Canada, R3T 1T2 | https://www.buhlerindustries.com |
| Mitsuba | View profile | 1001-5000 | Kiryu, Gumma, Japan, Asia | https://www.mitsuba.co.jp/ |
| Denso Corp | View profile | 195471 | 1-1 Showa-cho, Kariya, Japan, 448-8661 | http://www.denso.co.jp |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
| Nidec Corp | View profile | 128002 | 338 Kuzetonoshiro-cho, Minami-ku, Kyoto, Japan, 601-8205 | http://www.nidec.com |
South Africa micro motor market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to micro motor market will help companies and investors design strategic landscapes.
Dc motor was the largest segment with a revenue share of 62.45% in 2023. Horizon Databook has segmented the South Africa micro motor market based on dc motor, ac motor covering the revenue growth of each sub-segment from 2018 to 2030.
Reasons to subscribe to South Africa micro motor market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of South Africa micro motor market databook
-
Our clientele includes a mix of micro motor market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa micro motor market , including forecasts for subscribers. This country databook contains high-level insights into South Africa micro motor market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Africa micro motor market size, by type, 2018-2030 (US$M)
South Africa Micro Motor Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
