| Product Code: ETC306448 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Indonesia spindle motors market, the import trend experienced a -5.94% decline from 2023 to 2024, while the compound annual growth rate (CAGR) for 2020-2024 stood at 157.21%. This decline in import momentum could be attributed to shifts in demand patterns or changes in trade policies impacting market stability.
The spindle motor market in Indonesia was valued at USD 6.60 million in 2025 and is expected to reach a value of USD 8.20 million by 2025, registering a CAGR of 5.7% during the forecast period. The factors contributing to the growth include rising demand from automotive sector, increasing focus on automation, and growing investment in industrial sectors such as textile machinery, energy saving appliances and medical devices.
Advancements in manufacturing machinery and the need for high-performance and efficient motor systems in industries like CNC machining, robotics, and automation could drive the demand for spindle motors.
Challenges may include the requirement for energy-efficient solutions and addressing concerns related to motor overheating and maintenance. Developing reliable, high-performance spindle motors that align with industry demands and sustainability goals could be a key challenge for manufacturers.
The Spindle Motors Market faced difficulties due to reduced industrial output and investment, impacting demand for these components in manufacturing machinery. The recovery of this market depended largely on the revival of industrial production and capital expenditure.
The spindle motors market in Indonesia is crucial for machining and industrial automation. Key players in this market include Siemens AG, Mitsubishi Electric Corporation, SKF AB, Westinghouse Electric Corporation, and HSD SpA.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Indonesia Spindle Motors Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Spindle Motors Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Spindle Motors Market - Industry Life Cycle |
3.4 Indonesia Spindle Motors Market - Porter's Five Forces |
3.5 Indonesia Spindle Motors Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Indonesia Spindle Motors Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Indonesia Spindle Motors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of automation and CNC machines in industries, driving the demand for spindle motors. |
4.2.2 Growth in the manufacturing sector in Indonesia leading to higher demand for machinery and equipment, including spindle motors. |
4.2.3 Technological advancements in spindle motor design and efficiency, attracting customers to upgrade their existing equipment. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with purchasing and installing spindle motors, limiting adoption among small and medium-sized enterprises. |
4.3.2 Fluctuations in raw material prices impacting the manufacturing cost of spindle motors. |
4.3.3 Intense competition among spindle motor manufacturers leading to pricing pressures and lower profit margins. |
5 Indonesia Spindle Motors Market Trends |
6 Indonesia Spindle Motors Market, By Types |
6.1 Indonesia Spindle Motors Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Spindle Motors Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Indonesia Spindle Motors Market Revenues & Volume, By Tools Spindle Motors, 2021-2031F |
6.1.4 Indonesia Spindle Motors Market Revenues & Volume, By Built-in Spindle Motors, 2021-2031F |
6.1.5 Indonesia Spindle Motors Market Revenues & Volume, By High-speed Spindle Motors, 2021-2031F |
6.1.6 Indonesia Spindle Motors Market Revenues & Volume, By Other, 2021-2031F |
6.2 Indonesia Spindle Motors Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Spindle Motors Market Revenues & Volume, By Heavy-duty Machine Tool, 2021-2031F |
6.2.3 Indonesia Spindle Motors Market Revenues & Volume, By Electric Appliances, 2021-2031F |
6.2.4 Indonesia Spindle Motors Market Revenues & Volume, By Machinery Manufacturing, 2021-2031F |
6.2.5 Indonesia Spindle Motors Market Revenues & Volume, By Industry, 2021-2031F |
7 Indonesia Spindle Motors Market Import-Export Trade Statistics |
7.1 Indonesia Spindle Motors Market Export to Major Countries |
7.2 Indonesia Spindle Motors Market Imports from Major Countries |
8 Indonesia Spindle Motors Market Key Performance Indicators |
8.1 Average spindle motor efficiency improvement rate. |
8.2 Percentage of manufacturing companies investing in automation and CNC machines. |
8.3 Number of new product developments and innovations in spindle motor technology. |
8.4 Rate of adoption of spindle motors in emerging industries in Indonesia. |
8.5 Energy consumption reduction achieved by using advanced spindle motor technology. |
9 Indonesia Spindle Motors Market - Opportunity Assessment |
9.1 Indonesia Spindle Motors Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Indonesia Spindle Motors Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Indonesia Spindle Motors Market - Competitive Landscape |
10.1 Indonesia Spindle Motors Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Spindle Motors Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |