The closed-loop stepper motor market was about USD 2.9 billion in 2023, and it will power at a rate of 4.2% by the end of this decade, touching USD 3.7 billion in 2030.
The fast expansion of the robotics and automation industry has heightened the requirement for stepper motors that can fit into slenderer spaces. Motor manufacturers have, therefore, been encouraged to more and more emphasis on improving design and industrial procedures, to offer better products with cutting-edge competence.
The automation trend in numerous sectors, for example packaging and manufacturing, is powering the acceptance of closed-loop stepper motors for accurate control.
This has powered the requirement for CNC machines in industries to exactly cut wooden, metallic, and plastic parts to generate the projected designs. Additionally, stepper motors have applications in consumer electronics, for example, printers, camera systems, and scanner.
Based on type, hybrid motors led the closed-loop stepper motor market, accredited to the amalgamation of permanent magnet and adjustable reluctance features, aiding in reaching the chosen output power despite their small size.
Furthermore, the hybrid tech offers a high torque, low stepping rate, and high accuracy at low speeds, making them prevalent amongst industries. These alternatives are mostly used in manufacturing machinery and medical tools. With regards to medicinal devices, they are put to use in surgical hand tools, medical pumps, and ventilation equipment.
Additionally, the high accuracy and control provided by hybrid closed-loop stepper motors has powered their acceptance in industrial machinery.
