ELECTRIC MOTOR MARKET ANALYSIS

Market Concentration and Competitive Landscape

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Advanced motor technologies are powering the ongoing automation revolution. Robots are utilizing various types of motors for precisely controlling joint movements, conveyor operations, and others. The demand for servo motors, stepper motors, and brushless motors is increasing steadily as robot deployments expand into new domains. Manufacturers are automating more of their assembly line processes to improve productivity and quality. E-commerce warehouses too are automating sorting and order fulfilment using autonomous mobile robots. These robots rely on robust yet high-precision electric motors for navigation and task execution. Even in non-industrial settings, service robots powered by electric motors are finding applications in healthcare, agriculture and domestic assistance. Meanwhile, motion control systems driven by servo motors are indispensable in areas such as printing, semiconductors manufacturing, medical devices packaging and several others that require tight integration of mechanical and electrical components. The advent of Industry 4.0 with its pillars of connectivity, artificial intelligence, and advanced analytics is reinforcing the crucial role electric motors play in automation. Their ability to deliver smooth, fast, and accurate motion drives further the capabilities as well as economic benefits of automation technologies.