Press Release

Global Motor Spindles Market is Expected to exhibit a CAGR of 6.22% between 2017 and 2023

Date : Dec 17, 2018

New report published by Global QYResearch which offers insights on the global Motor Spindles market. The Motor Spindles market has been experiencing steady growth graph since past years. The Global Motor Spindles market sales value was 1,081 Mn USD in 2017, and it is projected to reach 1,553 Mn USD in 2023, with a CAGR (Compounded Annual Growth Rate) of 6.22% from 2017 to 2023.

This report studies the Motor Spindles market status and outlook of global and major regions, from angles of players, regions, product types and end industries; this report analyses the top players in global and major regions, and splits the Motor Spindles market by product type and applications/end industries.

Global Motor Spindles Market: Market Driver and Restraint

Increasing demand of downstream industrials, such as Vehicle Industry, General Mechanical Industry and Others.

Global Motor Spindles Market: Forecast by Type

On the basis of product, market is primarily split into –Rolling Motor Spindles, Air Bearing Motor Spindles, Liquid Journal Motor Spindles and Others. Rolling Motor Spindles is dominated type with a CAGR of 6.43% in the forecast period from 2017 to 2023.

Global Motor Spindles Market: Forecast by Application

Application segment consists of PCB, Consumer Electronic, Machinery Manufacturing, Automotive and Aerospace and Others. Consumer Electronic is the dominated application.

Global Motor Spindles Market: Forecast by Region

Geographically, this report is segmented into several key Regions, with revenue, market share and growth rate of Motor Spindles in these regions, from 2013 to 2023 (forecast), covering –North America, Europe, Asia-Pacific, South America, Middle East and Africa. Asia-Pacific is the largest region. The Asia-Pacific market is expected to expand at a robust rate of 7.9% in terms of revenue over the forecast period.

Global Motor Spindles Market: Key Players

Westwind, Fischer Precise, Kessler, Siemens, Guangzhou Haozhi, IBAG Group, Nakanishi, GMN, Air Bearing, Alfred Jäger, Step-Tec, Posa, KLKJ, Heinz Fiege GmbH, SycoTec, Parfaite Tool, HSD, Zimmer Group, Shenzhen, Sufeng, ZYS are the key vendors included in this report. The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.

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