Brushless DC Motors Industry Size, Status, Revenue, Growth Rate 2023

Posted by Anvi on March 24th, 2020

Global Brushless DC Motors Market Scenario:

As per a detailed analysis by Market Research Future (MRFR), the global brushless DC (BLDC) motors market is anticipated to garner a CAGR of 9.50% during the forecast period (2018-2023). Also acknowledged as electronically commutated motors, brushless DC motors are synchronous motors which are powered by a DC electric source. Brushless DC motor works on the simple force interaction between the electromagnet and permanent magnet, and the communication is controlled electronically. Brushless DC motors, also known as electronically commutated motors, are synchronous motors which are powered by a DC electric source. The working of brushless DC motors is based on the simple force interaction between the permanent magnet and the electromagnet. 

The Brushless DC Motors Industry have witnessed a tectonic surge over the past few years as it offers several advantages over other motors. Unlike brushed DC motors, brushless DC motors require less maintenance, which triggers its demand across the globe. Compared to other motors, brushless DC motors operate effectively at all speeds and offer a higher range of speed, reduced size with superior thermal attributes, and lower electric noise generation. They offer a high level of efficiency as these motors can be controlled at a maximum rotational force. Such benefits of brushless DC motors are likely to promote the growth of the market.

Competitive Dashboard

The top players dominating the global brushless DC motors market comprises Johnson Electric Holdings Limited (Hong Kong), Allied Motion Inc. (US), Nidec Corporation (Japan), WEG (Brazil), Anaheim Automation, Inc. (US), Arc Systems (US), Electrocraft Inc. (US), Bühler Motor GmbH (Germany), Ametek, Inc. (US), Toshiba Corporation (Japan), Siemens (Germany), Rockwell Automation, Inc. (the US), and GE (US).

Segmental Analysis

The brushless DC motors market is segmented on the basis of type, speed, and end-users.

By mode of type, the brushless DC motors market is segmented into the inner rotor and outer rotor.

Based on speed, the brushless DC motors market comprises less than 500 rpm, 501-2,000 rpm, 2,000-10,000 rpm, and above 10,000 rpm.

The end-users segment constitutes of automotive, consumer electronics, healthcare, manufacturing, and others. Among these, the automotive segment is likely to gain prominence. The automotive sector is coming up with hybrid electric vehicles and future steel vehicles to minimize the environmental impacts, fulfill the demand for improved fuel economy, and control the level of emission. Such factors are triggering the demand for brushless DC motors in the automotive sector.

Regional Outlook

Region wise, in 2017, Asia-Pacific held the largest market share of the global brushless DC motors market. It is estimated that Asia-Pacific would be the largest market during the forecast period, owing to the increasing demand for consumer electronics and automotive products in China, India, and Japan. 

Considering the global scenario, the Asia Pacific region is predicted to be the fastest evolving market and acquire the largest market share. The surging demand for automotive products and consumer electronics, especially in Japan, India, and China is dictating the growth trajectory of the regional market.

North America is likely to be a promising region and is expected to register significant growth in the foreseeable future. The growth of the regional market can be ascribed to the plummeting demand for highly sophisticated medical devices.

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