Corelessmotor Market Trends and Analysis - Opportunities and Challenges for Future Growth (2024 - 2031)

Elzaziemann
4 min readJun 19, 2024

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The "Corelessmotor Market" prioritizes cost control and efficiency enhancement. Additionally, the reports cover both the demand and supply sides of the market. The Corelessmotor market is anticipated to grow at an annual rate of 13.3% from 2024 to 2031.

This entire report is of 178 pages.

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Corelessmotor Market Analysis

Coreless motors are an advanced form of electric motors with a hollow core, making them lightweight, compact, and efficient. The global coreless motor market is anticipated to witness significant growth due to increasing demand from various industries such as automotive, healthcare, consumer electronics, and industrial automation. Key market players include Johnson Electric, Bosch, Nidec, SELEMA S.r.l., Continental AG, Rotek Incorporated, CMZ Sistemi Elettronici Srl, Texas Instruments, MOOG, Monolithic Power Systems Inc, NXP, and ROHM Semiconductor. The market is driven by factors such as technological advancements, increasing automation, and growing demand for compact and energy-efficient motors. The report recommends companies to focus on innovation and strategic partnerships to maintain a competitive edge in the market.

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The coreless motor market is witnessing significant growth, driven by the increasing demand for compact, lightweight, and high-performance motors. Two main types dominate the market: Brushed Coreless Motors and Brushless Coreless Motors. These motors are widely used in various industries including Military, Instrumentation, Aerospace, and Civil Appliances.

Regulatory and legal factors specific to the coreless motor market conditions are crucial for manufacturers and suppliers to consider. Compliance with industry standards and regulations is essential to ensure product safety and market acceptance. Strict quality control measures are also required to meet the stringent requirements of the end-user industries. In addition, intellectual property laws and regulations play a key role in protecting innovations and technological advancements in the coreless motor market.

Overall, the coreless motor market is poised for continued growth in the coming years, driven by technological advancements, increasing demand for high-performance motors, and expanding applications across various industries. Manufacturers and suppliers need to stay abreast of regulatory and legal factors to maintain a competitive edge and meet the evolving needs of customers.

Top Featured Companies Dominating the Global Corelessmotor Market

The coreless motor market is highly competitive with key players such as Johnson Electric, Bosch, Nidec, SELEMA S.r.l., Continental AG, Rotek Incorporated, CMZ Sistemi Elettronici Srl, Texas Instruments, MOOG, Monolithic Power Systems Inc, NXP, and ROHM Semiconductor operating in the industry.

These companies utilize coreless motors in a variety of applications such as automotive, consumer electronics, industrial automation, medical devices, and more. Johnson Electric, for example, provides coreless motor solutions for various industries including automotive, home technologies, and industrial products. Bosch uses coreless motors in their power tools and automotive systems. Nidec is a leading manufacturer of coreless motors for applications such as robotics, medical devices, and industrial automation.

By offering high-quality coreless motor solutions, these companies help to drive the growth of the coreless motor market. They play a key role in providing innovative and efficient motor solutions for a wide range of industries, contributing to the overall expansion of the market.

In terms of sales revenue, companies like Johnson Electric, Nidec, and Bosch have reported significant revenue from their coreless motor products. For example, Johnson Electric reported a revenue of $2.57 billion in 2020, with a portion of that coming from their coreless motor offerings. Nidec reported a revenue of $13.94 billion in the same year, with coreless motors being a part of their diverse product portfolio. Bosch, on the other hand, reported a revenue of $87.8 billion in 2020, with contributions from their coreless motor solutions. These figures highlight the importance of coreless motors in the overall revenue generation for these companies.

Johnson ElectricBoschNidecSELEMA S.r.l.Continental AGRotek IncorporatedCMZ Sistemi Elettronici SrlTexas InstrumentsMOOGMonolithic Power Systems IncNXPROHM Semiconductor

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Corelessmotor Segment Analysis

Corelessmotor Market, by Application:

MilitaryInstrumentationAerospaceCivil Appliances

Coreless motors find applications in diverse industries such as military for drones and unmanned vehicles, instrumentation for precision equipment, aerospace for satellites and space rovers, and civil appliances for robotic vacuum cleaners and personal care devices. The coreless motor's lightweight design and high power-to-weight ratio make it ideal for these applications. The fastest growing application segment in terms of revenue is the aerospace industry, where coreless motors are increasingly being used in advanced space technologies and satellite systems due to their reliability and efficiency.

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Corelessmotor Market, by Type:

Brushed Coreless MotorBrushless Coreless Motor

Brushed Coreless Motor uses brushes to conduct electrical currents, while Brushless Coreless Motor uses electronic commutation. Brushless Coreless Motors offer higher efficiency and greater power-to-weight ratio compared to Brushed Coreless Motors. This makes them more reliable and durable, leading to increased demand in industries like robotics, aerospace, and medical devices. The enhanced performance and compact design of Brushless Coreless Motors are driving the growth of the Coreless motor market as more industries seek high-performance solutions for their applications.

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Regional Analysis:

North America: United States Canada Europe: Germany France U.K. Italy Russia Asia-Pacific: China Japan South Korea India Australia China Taiwan Indonesia Thailand Malaysia Latin America: Mexico Brazil Argentina Korea Colombia Middle East & Africa: Turkey Saudi Arabia UAE Korea

The Corelessmotor market is expected to witness significant growth in regions such as North America (United States, Canada), Europe (Germany, France, U.K., Italy, Russia), Asia-Pacific (China, Japan, South Korea, India, Australia, Indonesia, Thailand, Malaysia), Latin America (Mexico, Brazil, Argentina, Colombia), and Middle East & Africa (Turkey, Saudi Arabia, UAE, Korea). Among these, Asia-Pacific is expected to dominate the market with a market share of around 45%, followed by North America and Europe with market shares of 25% and 20% respectively. Latin America and Middle East & Africa are also anticipated to witness rapid growth in the Corelessmotor market.

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