According to a market report by Lucintel, the future of the global step drive market looks promising with opportunities in the 2-phase motor and 3-phase motor markets. The global step drive market is expected to grow with a CAGR of 3.4% from 2024 to 2030. The major drivers for this market are increasing demand for automation and robotics in industries, such as manufacturing, healthcare, and automotive.
A more
than 150-page report to understand trends, opportunity and forecast in global step
drive market to 2030 by type (DC drives and AC drives), application (2-phase
motors, 3-phase motors, and others), and region (North America, Europe, Asia
Pacific, and the Rest of the World).
Lucintel
forecasts that, within the type category, AC drive is expected to witness
higher growth over the forecast period as it is more versatile and efficient.
Within the
application category, 3-phase motor will remain the largest segment due to
rising adoption of 3-phase motors in industrial applications.
Download
sample by clicking on step drive market.
In terms
of regions, APAC is expected to witness highest growth over the forecast period
due to rapid industrialization.
Kollmorgen,
Schneider Electric, Applied Motion, Omega Engineering, Leadshine are the major
suppliers in the step drive
market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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