Cultivation of growing market
Minebea continues to capitalize on the expansion and diversification of key markets to achieve growth
Minebea's mainstay products are sold extensively to manufacturers of information and telecommunications equipment, household electrical appliances, aerospace equipment and automobiles.
When we started out 50 years ago as a specialized manufacturer of miniature ball barings in Japan, we supplied bearings for use in aircraft instruments. Since then, we have responded to demand for our precision machined components in an increasingly wide range of industries. In the 1970s, we expanded our focus to include VCRs and other household electrical appliances. We added office automation (OA) equipment to our list of key customer industries in the 1980s and PCs in the 1990s. These markets are expected to continue growing. We also anticipate increased demand from the automotive industry for high-precision, highly reliable control sensors reflecting greater concern for fuel efficiency, safety and digital assistants (PDAs) and digital household electrical appliances. Accordingly, we anticipate new opportunities to maximize and mass-production technologies.
So many things using Minebea products.
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Next growing Market - Automotive Components -
In the automotive industry, demand continues to increase for improvements in energy consumption, safety and comfort. Accordingly, demand is also rising for high-performance motors and sensors for advanced control systems. These sector's products are almost precision machinery components and enables us to maximize our competitive advantages. We view rotary components for automobiles as a business that offers outstanding medium to long-term growth potential and will actively cultivate new demand for these products.
We manufacturer motors for electric power steering systems, light control system and dashboard unit with meters for automakers in Europe and developing ABS motors, electric brake motors and other rotary components, which we expect to bring to market in the near future.
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VR resolvers with RD converters |
These products bring together Minebea's resolves - a result of advanced precision manufacturing technologies cultivated as a manufacturer of defense-related special machinery components- and innovative RD converters developed by Analog Devices, Inc., a leading U.S. manufacturer of ICs. We expect demand for these products to expand considerably in the years ahead for use in sensors for next-generation automobiles. |
