The global stepper system market is expected to grow at a CAGR of around 5% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
The stepper system refers to an integrated solution consisting of high-performance micro-stepping drives with high-torque stepper motors in various mechanical devices. The system primarily consists of a stepper motor that acts as an electrochemical device that converts electrical power into mechanical power, along with single and dual-shaft motors, power supplies, interface cables and configuration software. It is commonly utilized for providing accurate control of position and velocity and is used for applications that require accurate positioning and speed control, such as in 3D printing equipment, textile machines, printing presses, medical imaging equipment and robotics.
Significant growth in the robotics industry across the globe is one of the key factors driving the growth of the market. Furthermore, the increasing utilization of automated equipment across industries is another factor providing a boost to the market growth. There is widespread adoption of stepper motors in industrial machines and robots as they can be easily deployed and offer superior performance. Also, the development of miniaturized motors has enhanced the product adoption across applications that require superior torque speed, precision and efficiency. Additionally, technological advancements, including the integration of input/output (I/O) terminals in stepper motors, which offer various operational advantages, such as cost-efficiency and ease of use in machinery with spatial constraints, are creating a positive outlook for the market. Other factors, including rapid industrialization and extensive research and development (R&D) activities, are projected to drive the market further.
Breakup by Component Type:
- Stepper Motors
- Stepper Drives
Breakup by End-Use:
- Industrial Machinery
- Medical Devices
- Semiconductor Machinery
- Others
Breakup by Region:
- North America
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being ABB, Beckhoff Automation, MinebeaMitsumi, Nidec Corporation, Nippon Pulse Motor Co. Ltd., Oriental Motor Co. Ltd., Parker Hannifin, Sanyo Denki Co. Ltd., Schneider Electric SE, etc.
Report Coverages:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2020 |
| Historical Period |
2015-2020 |
| Forecast Period |
2021-2026 |
| Units |
US$ Billion |
| Segment Coverage |
Component Type, End-Use, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered |
ABB, Beckhoff Automation, MinebeaMitsumi, Nidec Corporation, Nippon Pulse Motor Co. Ltd., Oriental Motor Co. Ltd., Parker Hannifin, Sanyo Denki Co. Ltd. and Schneider Electric SE |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global stepper system market performed so far and how will it perform in the coming years?
- What are the key regional markets?
- What has been the impact of COVID-19 on the global stepper system market?
- What is the breakup of the market based on the component type?
- What is the breakup of the market based on the end-use?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global stepper system market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Stepper System Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component Type
6.1 Stepper Motors
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Stepper Drives
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by End-Use
7.1 Industrial Machinery
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Medical Devices
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Semiconductor Machinery
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Region
8.1 North America
8.1.1 United States
8.1.1.1 Market Trends
8.1.1.2 Market Forecast
8.1.2 Canada
8.1.2.1 Market Trends
8.1.2.2 Market Forecast
8.2 Asia Pacific
8.2.1 China
8.2.1.1 Market Trends
8.2.1.2 Market Forecast
8.2.2 Japan
8.2.2.1 Market Trends
8.2.2.2 Market Forecast
8.2.3 India
8.2.3.1 Market Trends
8.2.3.2 Market Forecast
8.2.4 South Korea
8.2.4.1 Market Trends
8.2.4.2 Market Forecast
8.2.5 Australia
8.2.5.1 Market Trends
8.2.5.2 Market Forecast
8.2.6 Indonesia
8.2.6.1 Market Trends
8.2.6.2 Market Forecast
8.2.7 Others
8.2.7.1 Market Trends
8.2.7.2 Market Forecast
8.3 Europe
8.3.1 Germany
8.3.1.1 Market Trends
8.3.1.2 Market Forecast
8.3.2 France
8.3.2.1 Market Trends
8.3.2.2 Market Forecast
8.3.3 United Kingdom
8.3.3.1 Market Trends
8.3.3.2 Market Forecast
8.3.4 Italy
8.3.4.1 Market Trends
8.3.4.2 Market Forecast
8.3.5 Spain
8.3.5.1 Market Trends
8.3.5.2 Market Forecast
8.3.6 Russia
8.3.6.1 Market Trends
8.3.6.2 Market Forecast
8.3.7 Others
8.3.7.1 Market Trends
8.3.7.2 Market Forecast
8.4 Latin America
8.4.1 Brazil
8.4.1.1 Market Trends
8.4.1.2 Market Forecast
8.4.2 Mexico
8.4.2.1 Market Trends
8.4.2.2 Market Forecast
8.4.3 Others
8.4.3.1 Market Trends
8.4.3.2 Market Forecast
8.5 Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast
9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Indicators
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 ABB
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.1.3 Financials
13.3.1.4 SWOT Analysis
13.3.2 Beckhoff Automation
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.2.3 Financials
13.3.3 MinebeaMitsumi
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.3.3 Financials
13.3.3.4 SWOT Analysis
13.3.4 Nidec Corporation
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.4.3 Financials
13.3.4.4 SWOT Analysis
13.3.5 Nippon Pulse Motor Co. Ltd.
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.6 Oriental Motor Co. Ltd.
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.7 Parker Hannifin
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.7.3 Financials
13.3.7.4 SWOT Analysis
13.3.8 Sanyo Denki Co. Ltd.
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.8.3 Financials
13.3.9 Schneider Electric SE
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.9.3 Financials
List of Figures
Figure 1: Global: Stepper System Market: Major Drivers and Challenges
Figure 2: Global: Stepper System Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Stepper System Market: Breakup by Component Type (in %), 2020
Figure 4: Global: Stepper System Market: Breakup by End-Use (in %), 2020
Figure 5: Global: Stepper System Market: Breakup by Region (in %), 2020
Figure 6: Global: Stepper System Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 7: Global: Stepper System (Stepper Motors) Market: Sales Value (in Million US$), 2015 & 2020
Figure 8: Global: Stepper System (Stepper Motors) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 9: Global: Stepper System (Stepper Drives) Market: Sales Value (in Million US$), 2015 & 2020
Figure 10: Global: Stepper System (Stepper Drives) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: Global: Stepper System (Industrial Machinery) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: Global: Stepper System (Industrial Machinery) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: Global: Stepper System (Medical Device) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: Global: Stepper System (Medical Device) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: Global: Stepper System (Semiconductor Machinery) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: Global: Stepper System (Semiconductor Machinery) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: Global: Stepper System (Other End-Uses) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: Global: Stepper System (Other End-Uses) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: North America: Stepper System Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: North America: Stepper System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: United States: Stepper System Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: United States: Stepper System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: Canada: Stepper System Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: Canada: Stepper System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: Asia Pacific: Stepper System Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: Asia Pacific: Stepper System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: China: Stepper System Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: China: Stepper System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: Japan: Stepper System Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: Japan: Stepper System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: India: Stepper System Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: India: Stepper System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: South Korea: Stepper System Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: South Korea: Stepper System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: Australia: Stepper System Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: Australia: Stepper System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: Indonesia: Stepper System Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: Indonesia: Stepper System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: Others: Stepper System Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: Others: Stepper System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: Europe: Stepper System Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: Europe: Stepper System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: Germany: Stepper System Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: Germany: Stepper System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 45: France: Stepper System Market: Sales Value (in Million US$), 2015 & 2020
Figure 46: France: Stepper System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 47: United Kingdom: Stepper System Market: Sales Value (in Million US$), 2015 & 2020
Figure 48: United Kingdom: Stepper System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 49: Italy: Stepper System Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: Italy: Stepper System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 51: Spain: Stepper System Market: Sales Value (in Million US$), 2015 & 2020
Figure 52: Spain: Stepper System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 53: Russia: Stepper System Market: Sales Value (in Million US$), 2015 & 2020
Figure 54: Russia: Stepper System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 55: Others: Stepper System Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: Others: Stepper System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 57: Latin America: Stepper System Market: Sales Value (in Million US$), 2015 & 2020
Figure 58: Latin America: Stepper System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 59: Brazil: Stepper System Market: Sales Value (in Million US$), 2015 & 2020
Figure 60: Brazil: Stepper System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: Mexico: Stepper System Market: Sales Value (in Million US$), 2015 & 2020
Figure 62: Mexico: Stepper System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 63: Others: Stepper System Market: Sales Value (in Million US$), 2015 & 2020
Figure 64: Others: Stepper System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 65: Middle East and Africa: Stepper System Market: Sales Value (in Million US$), 2015 & 2020
Figure 66: Middle East and Africa: Stepper System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 67: Global: Stepper System Market Industry: SWOT Analysis
Figure 68: Global: Stepper System Market Industry: Value Chain Analysis
Figure 69: Global: Stepper System Market Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Stepper System Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Stepper System Market Forecast: Breakup by Component Type (in Million US$), 2021-2026
Table 3: Global: Stepper System Market Forecast: Breakup by End-Use (in Million US$), 2021-2026
Table 4: Global: Stepper System Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 5: Global: Stepper System Market: Competitive Structure
Table 6: Global: Stepper System Market: Key Players