‘Quarterly Tracking of Small Motor market now available through partnership between SMMA and IMS Research’

PRESS CONTACTS:

James Dawson, Market Analyst, Power Transmission & Low Voltage Products	Chris George, Press Manager
IMS Research	IMS Research
Tel: +44 1933 402255	Tel: +44 1933 402255
James.dawson@imsresearch.com	Chris.george@imsresearch.com
www.imsresearch.com	www.imsresearch.com

Question - What shape is the small motor market in?

Wellingborough, UK March 2010

Answer – “V” Shaped!

According to the first edition of the Americas tracker, the small motor market has undergone a “V” shaped contraction and recovery.

IMS Research estimated the Americas small motor market was worth $812 million at the end of 2007. The downturn in the market began in the third quarter 2008, and bottomed out during the second quarter 2009. The market stabilised and then began to recover in the final quarter 2009. Overall the market was flat in 2008 and fell in excess of 12.5% in 2009. The Americas small motor market has performed very robustly, this is due to the impact of product replacement trends on the market. The small motors considered in the tracker, have benefited from product replacement trends from AC motors in industrial applications. In addition, the medical industry has held up strongly through the downturn. Medical applications account for 29% of the small motor market in the Americas.

What can we expect from 2010, an acceleration in the recovery or a double dip to the recession?

The next edition of the tracker, which will cover the first quarter 2010, we trust will provide firm evidence of a strong recovery of the market. If you manufacture any of the motors listed in the tracker scope and wish to participate in the market tracker please contact james.dawson@imsresearch.com

About the Tracker

– The first edition of the Americas Small Motor Tracker, developed in cooperation with the SMMA, was published on the 30^th March 2010. Participating companies were provided with an analysis of how the Americas small motor market performed on a quarterly basis from first quarter 2008, up to fourth quarter 2009.

The scope of the Americas Small Motor Market Tracker is in line with the IMS Research study “The World Market for Small Motors – 2010 Edition” and covers motors up to maximum power rating of 500W of the following designs: Tin can, hybrid stepper, brushed DC (IP40+), brushless DC (IP40+) and coreless motors.

If you would like an interview with an expert in this area, please contact Chris George Press Manager, at chris.george@imsresearch.com or +44 1933 402255.

About IMS Research

IMS Research is a supplier of market research and consultancy services on a wide range of global electronics markets. The company is supported by headquarters in Wellingborough, UK and offices in Austin, Texas and Shanghai, China. IMS Research regularly publishes detailed research on the small motors and motion control markets, among others.  www.imsresearch.com