Micro Motor Market
equipment and 3D printing industries may increase the global micro market growth in future . The micromotors are used in the lab automation devices . The use of lab automation devices on a large scale has increased the demand for micro motor products .
Global Micro Motor Market : Segmentation
The micro motor market is segmented based on the type , application , power consumption , technology , region , and aftermarket . The type segment is further bifurcated into AC motor and DC motor . The application segmentation is aircraft , agricultural equipment , 3D printing , industrial automation , medical equipment , construction and mining equipment and automotive . The technology segment is further categorized into the brushed motor and brushless motor . The power consumption segment is sub-segmented into below 11V , 12V-24V , 25V – 48V and above 48V . The region segment is segmented into Europe , South America , North America , the Middle East and Africa , Asia-Pacific and Rest of the World .
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Global Micro Motor Market : Regional Analysis
Asia-Pacific region is the largest micro motor market from 2016 and it is assumed that it will maintain its standard in the coming years . The second largest market for the micro motor is Europe . The APAC regions also contribute to micro motor production throughout the global market . The regions such as North America and the US are also showing rapid growth in the global market . The growth in the global micro motor market is due to the tremendous