Global
Brushless DC Motors Market was valued at US$ 6.1Bn in 2017 and is expected
to reach US$ 12.3Bn by 2026, at a CAGR of 9.16% during a forecast period.
Brushless DC motors proposal high power-to-volume ratio,
apart from being more reliable, efficient, and less noisy than brushed DC
motors. Responsiveness, thermal resistance, safety, and quicker acceleration
are some other major benefits offered by these products, fuelling their demand
over many industrial applications. As brushless DC motors are capable of
providing large amounts of torque at a rapid pace, the demand for them is
expected to increase to a great extent over the upcoming period. Though they
are moderately costlier than brushed motors, brushless DC motors pay off in the
long term by cutting down the maintenance costs and saving a lot of time
otherwise required for repairing brushed DC motors. All these profits offered
by these motors will accelerate the growth of the brushless DC motors market
globally.
However, factors like high costs and lack of adequate
skilled personnel might limit growth. The expansion of several industrial
application segments such as electronics, manufacturing, chemicals, paper and
pulp, food processing, aerospace, and will create newer revenue pockets for the
global brushless DC motors market.
Based on speed, the 2,001-10,000 RPM segment registered
significant growth because of increasing demand for quite, highly reliable,
highly energy efficient, and compact equipment in medical devices.
On the basis end user, the consumer electronics segment held
considerable market growth and it’s expected to continue its dominance in
future. The profits of brushless DC motors such as reduced costs, high-energy
efficiency, and are environment-friendliness, will boost its acceptance in the
consumer durables sector that constitutes home appliances and electronic
gadgets for instance blenders, refrigerators, and dryers.
In terms of product type, the inner rotor brushless DC
motors segment is expected to hold a big market share. Inner rotor brushless DC
motors are usually used in applications requiring high initial torque, flexible
action, and fast acceleration.
Region-wise, the Asia Pacific is expected to dominate the
global brushless DC motors market during the forecast period, because of
growing demand for consumer electronics and automotive product in China, India,
Taiwan, South Korea, and Japan. The North American market is projected to grow
at the second-highest CAGR during forecast period owing to increasing demand
for highly sophisticated medical devices. Rising economies, for instance China,
India, and Taiwan are the most promising markets for brushless DC motors.
The objective of the report is to present a comprehensive
assessment of the market and contains thoughtful insights, facts, historical
data, industry-validated market data and projections with a suitable set of
assumptions and methodology. The report also helps in understanding Global
Brushless DC Motors Market dynamics, structure by identifying and analyzing the
market segments and project the global market size. Further, the report also
focuses on the competitive analysis of key players by product, price, financial
position, product portfolio, growth strategies, and regional presence. The report
also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the
question of shareholders to prioritizing the efforts and investment in the near
future to the emerging segment in the Global Brushless DC Motors Market.
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Scope of Global Brushless DC Motors Market
Global Brushless DC Motors Market, By Type
• Inner Rotor Brushless DC Motors
• Outer Rotor Brushless DC Motors
Global Brushless DC Motors Market, By Speed
• <500 RPM • 501 – 2000 RPM • 2001 – 10000 RPM •
>10000 RPM
Global Brushless DC Motors Market, By End-User
• Manufacturing
• Medical Devices
• Automotive
• Consumer Electronics
• Others
Global Brushless DC Motors Market, by Region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
Key Players operating in Global Brushless DC Motors Market
• Allied Motion Technologies, Inc.
• Ametek
• Johnson Electric
• Minebea
• Nidec Corporation
• Arc Systems
• Anaheim Automation
• Buhler Motor
• Electrocraft Inc.
• Fortive
• Linix Motor
• Maxon Motor
• Moons’ Industries
• Oriental Motor
• Shinano Kenshi
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