According to IMARC Group, the global brushless DC motors market size reached US$ 5.7 Billion in 2022. Looking forward, the market is expected to reach US$ 5.9 Billion by 2028.
The report has segmented the market by product type (inner rotor brushless DC motors, outer rotor brushless DC motors), power rating (0 -750 watts, 750 watts to 3 kW, 3 kW - 75 kW, above 75 kW), end use industry (industrial machinery, automotive, consumer electronics, healthcare, aerospace and defense, others) and region.
Factors Affecting the Growth of the Brushless DC Motors Industry:
- Increasing Demand for Energy-Efficient Solutions:
The emphasis on energy efficiency is a significant driver of the brushless DC motor market. These motors are recognized for their superior energy efficiency compared to traditional brushed DC motors. As industries and consumers seek ways to reduce energy consumption and lower operational costs, the demand for energy-efficient brushless DC motors continues to rise. Their efficient operation makes them ideal for a wide range of applications, from industrial automation to electric vehicles, contributing to the ongoing growth of the market.
- Advancements in Motor Control Technology:
Advancements in motor control technology are playing a pivotal role in driving the growth of the brushless DC motor market. Integrated motor controllers, sensors, and software solutions are continually evolving to enhance the performance and reliability of brushless DC motors. These technological innovations enable precise speed and torque control, leading to improved motor efficiency and responsiveness. Furthermore, as industries adopt advanced automation and robotics solutions, the demand for sophisticated brushless DC motors with advanced control capabilities is growing at a great pace.
- Expansion of Electric Vehicle (EV) Market:
The global expansion of the electric vehicle market is significantly contributing to the growth of brushless DC motors. Brushless DC motors are widely used in EVs for propulsion, offering high efficiency, compact size, and low maintenance requirements. As governments and consumers increasingly prioritize electric mobility and sustainable transportation solutions, the demand for brushless DC motors for EVs is surging. Furthermore, this trend is on the rise as the EV market is expanding, providing a substantial growth opportunity for the brushless DC motor market.
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Brushless DC Motors Market Report Segmentation:
The report is organized into distinct sections as follows:
Breakup by Product Type:
- Inner Rotor Brushless DC Motors
- Outer Rotor Brushless DC Motors
By product type, inner rotor brushless DC motors represented the largest segment as they are favored for their compact design and high power-to-size ratio, making them the dominant choice for various applications, including robotics and consumer electronics.
Breakup by Power Rating:
- 0 -750 Watts
- 750 Watts to 3 kW
- 3 kW - 75 kW
- Above 75 kW
By power rating, 0 - 750 Watts represented the largest segment as it is highly relevant for a wide range of industries, from automotive to industrial automation, where efficient and moderate power motors are commonly used.
Breakup by End Use Industry:
- Industrial Machinery
- Automotive
- Consumer Electronics
- Healthcare
- Aerospace and Defense
- Others
By end use industry, automotive represented the largest segment as it relies extensively on brushless DC motors for various applications, such as electric power steering, HVAC systems, and electric vehicle propulsion, contributing to their significant market share.
Regional Insights:
- North America
- Asia-Pacific
- Europe
- Latin America
- Middle East and Africa
Asia Pacific emerged as the largest market due to its robust manufacturing sector, coupled with the rapid growth of electric vehicles and consumer electronics, has led to a high demand for brushless DC motors, making it the largest market regionally.
Global Brushless DC Motors Market Trends:
The increasing global demand for efficient and versatile electric motors is driving the growth of the brushless DC (BLDC) motor market. BLDC motors offer universal applicability across various industries, from automotive to robotics, due to their reliability and precise control. Moreover, their efficiency in enhancing the performance of diverse applications contributes significantly to market expansion. Additionally, advancements in BLDC motor technology, including integrated controllers and sensors, enhance their capabilities and energy efficiency. As industries worldwide prioritize automation and energy conservation, the demand for BLDC motors is on the rise, making them a crucial component in modern technological solutions across the globe.
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Leading Companies Operating in the Global Brushless DC Motors Industry:
- ABB Ltd.
- Allied Motion Technologies Inc.
- AMETEK Inc.
- Arc Systems Inc.
- Buhler Motor GmbH
- The Faulhaber Group
- Johnson Electric Holdings Limited
- Maxon Motor AG
- Minebea Mitsumi
- Moog Inc.
- Nidec Corporation
- Oriental Motor Co. Ltd.
Other Key Points Covered in the Report:
- COVID-19 Impact
- Porters Five Forces Analysis
- Value Chain Analysis
- Strategic Recommendations
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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