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Download Free sampleThe global Torque Motors market was valued at 52.59 Million USD in 2021 and will grow with a CAGR of 8.34% from 2021 to 2027, based on Research newly published report.
The prime objective of Torque Motors Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Torque Motors Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
A torque motor is a specialized form of electric motor which can operate indefinitely while stalled, that is, with the rotor blocked from turning, without incurring damage. In this mode of operation, the motor will apply a steady torque to the load (hence the name). A torque motor that cannot perform a complete rotation is known as a limited angle torque motor.The torque motors are classified into the DC torque motors and AC torque motors according to the product type. As of 2017, DC torque motors segment dominates the market contributing more than 60% of the total market share of the total market. Depending on application, the torque motors market is further applied in machine tool industry, robotics and semiconductor, food and packaging industry, energy industry and other industry. As of 2017, demand for a torque motors for a machine tool industry occupied the largest market, with about 40% market share, while machine tool industry and energy industry seen a rapid growth in past few years.
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