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Market size for brushless DC motors was estimated at USD 8.5 billion in 2022. A compound annual growth rate (CAGR) of 9.21% is anticipated for the Brushless DC Motors market from 2023 to 2030, from USD 9.19 billion to USD 17.29 billion. The main market factors influencing market growth are the expanding automotive industry and rising demand from the HVAC application field.
The market CAGR for brushless DC motors is being driven by the expanding demand and growth in the automotive sector. The growth in the production and use of electric cars is one of the elements driving the market development for brushless DC motors. DC motors have an increasing market despite being utilised in many different sectors, including agriculture, medicine, and healthcare. This preference's primary argument is that using DC motors provides a number of advantages, including energy efficiency, high torque, and high rpm. Aside from driving motorised wipers, chairs, window-adjustable mirrors, and massaging seats, DC motors are also employed in automobiles. The market for brushless DC motors is growing as a result of this greater use of DC motors.
Additionally, brushless DC motors offer a number of benefits that are likely to help the market's growth throughout the estimated timeframe. These benefits include increased uniformity, a longer service life, decreased noise, electricity conservation, and an increase in equipment productivity. They have many benefits, including being thermally resistant, simple to maintain, working at low temperatures, lowering the chance of ignitions, producing a lot of torque and rpm, and being thermally resistant. In addition, it is anticipated that the market for brushless DC motors would expand significantly due to urbanisation, increased consumer awareness of green products, and government initiatives to encourage the use of environmentally friendly automobiles.
Worldwide aerospace and defence industry disruption brought on by COVID-19 has resulted in lower demand, a labour scarcity, and travel delays for OEMs of commercial aircraft. American Airlines' domestic passenger counts fell by 68% from September 2019, endangering the travel and tourism sector. The GFC caused airlines to lose money more than three times over, according to the International Air Transport Association. This made brushless DC motors more negatively affected by the market. The top corporations' increasing investment during the anticipated timeframe is the sole way to hasten market expansion. For instance, according to the International Trade Administration (ITA), 35 million domestic vehicles would be produced in China by 2025. In March 2021, the Chinese government also pledged USD 60 billion to the electric vehicle industry. Because of the expanding automotive industry, it is anticipated that demand for Brushless DC Motors would rise throughout the forecast period. driving the Brushless DC Motors market's revenue in the process.
Report Coverage
Global Brushless DC Motors research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Brushless DC Motors report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Brushless DC Motors competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Brushless DC Motors market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Brushless DC Motors market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Brushless DC Motors market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Allied Motion Inc. (US), Johnson Electric Holdings Limited (Hong Kong), WEG (Brazil), Nidec Corporation (Japan), Arc Systems (US), Anaheim Automation, Inc. (US), Bühler Motor GmbH (Germany), Electrocraft Inc. (US), Toshiba Corporation (Japan), Ametek, Inc. (US), Rockwell Automation, Inc. (US), Siemens (Germany), and GE (US)
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Brushless DC Motors market based on the below-mentioned segments:
Global Brushless DC Motors Market, By Type
Inner Rotor
Outer Rotor
Global Brushless DC Motors market, By Speed
Less than 500 RPM
501-2000 RPM
2001-10,000 RPM
More than 10000 RPM
Global Brushless DC Motors Market, By End User
Manufacturing
Medical Devices
Automotive
Consumer Electronics
Global Brushless DC Motors market, Regional Analysis
The market CAGR for brushless DC motors is being driven by the expanding demand and growth in the automotive sector. The growth in the production and use of electric cars is one of the elements driving the market development for brushless DC motors. DC motors have an increasing market despite being utilised in many different sectors, including agriculture, medicine, and healthcare. This preference's primary argument is that using DC motors provides a number of advantages, including energy efficiency, high torque, and high rpm. Aside from driving motorised wipers, chairs, window-adjustable mirrors, and massaging seats, DC motors are also employed in automobiles. The market for brushless DC motors is growing as a result of this greater use of DC motors.
Additionally, brushless DC motors offer a number of benefits that are likely to help the market's growth throughout the estimated timeframe. These benefits include increased uniformity, a longer service life, decreased noise, electricity conservation, and an increase in equipment productivity. They have many benefits, including being thermally resistant, simple to maintain, working at low temperatures, lowering the chance of ignitions, producing a lot of torque and rpm, and being thermally resistant. In addition, it is anticipated that the market for brushless DC motors would expand significantly due to urbanisation, increased consumer awareness of green products, and government initiatives to encourage the use of environmentally friendly automobiles.
Worldwide aerospace and defence industry disruption brought on by COVID-19 has resulted in lower demand, a labour scarcity, and travel delays for OEMs of commercial aircraft. American Airlines' domestic passenger counts fell by 68% from September 2019, endangering the travel and tourism sector. The GFC caused airlines to lose money more than three times over, according to the International Air Transport Association. This made brushless DC motors more negatively affected by the market. The top corporations' increasing investment during the anticipated timeframe is the sole way to hasten market expansion. For instance, according to the International Trade Administration (ITA), 35 million domestic vehicles would be produced in China by 2025. In March 2021, the Chinese government also pledged USD 60 billion to the electric vehicle industry. Because of the expanding automotive industry, it is anticipated that demand for Brushless DC Motors would rise throughout the forecast period. driving the Brushless DC Motors market's revenue in the process.
Report Coverage
Global Brushless DC Motors research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Brushless DC Motors report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Brushless DC Motors competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Brushless DC Motors market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Allied Motion Inc. (US), Johnson Electric Holdings Limited (Hong Kong), WEG (Brazil), Nidec Corporation (Japan), Arc Systems (US), Anaheim Automation, Inc. (US), Bühler Motor GmbH (Germany), Electrocraft Inc. (US), Toshiba Corporation (Japan), Ametek, Inc. (US), Rockwell Automation, Inc. (US), Siemens (Germany), and GE (US) |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Brushless DC Motors Market from 2021 to 2030.
- Market Forecast for Brushless DC Motors Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Brushless DC Motors competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Brushless DC Motors
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Brushless DC Motors market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Brushless DC Motors market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Allied Motion Inc. (US), Johnson Electric Holdings Limited (Hong Kong), WEG (Brazil), Nidec Corporation (Japan), Arc Systems (US), Anaheim Automation, Inc. (US), Bühler Motor GmbH (Germany), Electrocraft Inc. (US), Toshiba Corporation (Japan), Ametek, Inc. (US), Rockwell Automation, Inc. (US), Siemens (Germany), and GE (US)
Primary Target Market
- Market Players of Brushless DC Motors
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Brushless DC Motors market based on the below-mentioned segments:
Global Brushless DC Motors Market, By Type
Inner Rotor
Outer Rotor
Global Brushless DC Motors market, By Speed
Less than 500 RPM
501-2000 RPM
2001-10,000 RPM
More than 10000 RPM
Global Brushless DC Motors Market, By End User
Manufacturing
Medical Devices
Automotive
Consumer Electronics
Global Brushless DC Motors market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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