Europe Smart Motor Market 2023-2030
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Europe Smart Motor Market 2023-2030

Last Updated:  Apr 25, 2025 | Study Period: 2023-2030

EUROPE SMART MOTOR MARKET

 

INTRODUCTION

A smart motor is essentially a motor that combines several additional components into a single physical object. A motor and drive are common configurations, although they can also incorporate integrated encoders and controllers, as well as wiring and communication connections.

 

The Smart Motor module transforms the battery's electrical energy into rotational energy. Robots are powered by motors, which turn wheels, move arms, and close claws. Connecting the output shafts is simple thanks to the motor's square output socket.

 

A tool that transforms electrical energy into mechanical energy is an electric motor. According to science, an electric motor is a device that transforms electrical energy into mechanical energy, or electrical energy into motive energy. 

 

EUROPE SMART MOTOR MARKET SIZE AND FORECAST

 

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The Europe smart motor market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

 

NEW PRODUCT LAUNCH

Industrial factories utilise a variety of motor types; therefore, the conditions of the motors are validated on a regular basis to ensure safe and stable operations at different sites.

 

Through a Channel Partner Agreement with the American company Analog Devices, Inc., TMEIC Asia Pte. Ltd (hence, "TMEIC Asia") introduced the Smart Motor Sensor "TMASMS," a high-performance predictive maintenance platform for electric motors based on artificial intelligence (AI).

 

TMEIC Asia has launched an AI-based smart motor sensor called TMASMS. There was a need for a system that could replace manual operation with highly qualified professionals for monitoring motors and assessing conditions since monitoring the conditions of motors demands technical expertise and experience.TMEIC Asia introduced the Smart Motor Sensor "TMASMS" for electric motors to meet these customer needs. 

 

TMASMS, which is made possible by Analog Devices' OtoSense® hardware and software solutions, enables the early prediction of motor failures and contributes to the steady operation of factories and plants by continuously monitoring and analysing data using artificial intelligence (AI).

 

This analysis will cover key diagnostic items, predict what may be the cause of motor failure, and present workable solutions on a dashboard screen. TMEIC Asia will be able to broaden the appeal of this motor monitoring solution by signing a channel partner agreement with Analog Devices.

 

COMPANY PROFILE

 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. How many smart motors are manufactured per annum in Europe? Who are the sub-component suppliers in this region?
  2. Cost breakup of a Global smart motor and key vendor selection criteria
  3. Where is the smart motor manufactured? What is the average margin per unit?
  4. Market share of Global smart motor market manufacturers and their upcoming products
  5. Cost advantage for OEMs who manufacture Global smart motor in-house
  6. key predictions for next 5 years in Global smart motor market
  7. Average B-2-B smart motor market price in all segments
  8. Latest trends in smart motor market, by every market segment
  9. The market size (both volume and value) of the smart motor market in 2023-2030 and every year in between?
  10. Production breakup of smart motor market, by suppliers and their OEM relationship

 

Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
19Market Segmentation, Dynamics and Forecast by Application, 2023-2030
20Market Segmentation, Dynamics and Forecast by End use, 2023-2030
21Product installation rate by OEM, 2023
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2023
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix