The global brushless DC motor market was valued at US$ 18 billion in 2021 and is expected to grow at a CAGR of 6.3% between 2022 and 2032. The industry is expected to be worth US$ 19 billion in 2022, a 5.5% increase year on year.
To back its opinion, the research report covers all the factors and events such as mergers, acquisitions, takeovers, joint ventures, and strategic alliances. It also analyzes the entry barriers and overall intensity of the competition in the global Brushless DC Motor Market.
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Competitive Landscape
Participants in the market are focusing on the rising demand for power generation in developing economies. Manufacturers in developing countries are incorporating brushless DC motors into their products due to a growing population and customer awareness of efficient and eco-friendly products. Pricing, energy efficiency, certifications, and regulatory compliance are all factors that drive competition. Examples of major organisations that shape the competitive landscape include:
- ABB Ltd.
- Allied Motion Technologies Inc.
- Ametek Inc.
- Baldor Electric Company Inc.
- Johnson Electric
- Nidec Motor Corporation
- North American Electric Inc.
- Regal Beloit Corporation
- Schneider Electric
- Siemens
- TECO Electric & Machinery Co.Ltd.
- Nidec purchased Omron Automotive Electronics in April 2019 in order to enhance its automotive motor business.
- Toshiba introduced the TB67B000AHG, a new three-phase brushless motor driver for air conditioners, ceiling fans, air purifiers, and dehumidifiers, in September 2019.
- Maxon Motors extended its footprints in Taunton in April 2019 by constructing a new production facility concentrating on motor development.
Key Segments Covered in the Brushless DC Motors Industry Report
- Brushless DC Motors by Power
- 0 -750 Watts
- 750 Watts to 3 kW
- 3 kW - 75 kW
- Above 75 kW
- Brushless DC Motors by End User
- Industrial Machinery
- Motor Vehicles
- Safety
- Comfort
- Performance
- HVAC Equipment
- Aerospace & Transportation
- Household Appliances
- Others
- Brushless DC Motors by Region
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
Leading Brushless DC Motors Market Growth Drivers
Sensor-less Control Will Create Profitable Opportunities
Brushless DC motors are lighter and smaller thanks to sensor-less control. This unique product feature will promote mainstream adoption due to the lower production costs and greater dependability and durability of brushless DC motors. Torque ripple reduction is a top priority for the world's most successful businesses. Market participants employ strategies such as direct torque control, dynamic input voltage, torque estimation circuitry, and artificial neural networks.
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The global brushless DC motor market size is expected to reach USD 27.2 billion by 2027, registering a CAGR of 6.6% over the forecast period, according to a study conducted by Radiant Insights, Inc.
Low maintenance costs, retrofitting of existing air, high-efficiency at lower costs, and the rising adoption of electric vehicles are some of the key factors driving their growth over the forecast period.
This is owing to advantages such as high operating speed, compact size, and quick response time.
Further key findings from the report suggest: • On account of benefits including durability and less maintenance, the brushless DC motor captured a substantial market share in 2019, a trend that is anticipated to continue over the forecast period.
Numerous industrial machines deploy the motor owing to advantages offered such as high efficiency, low power consumption, and low maintenance costs • Asia Pacific is expected to emerge as the fastest-growing regional market, whilst registering a CAGR 8.0% over the forecast period.
Increasing industrialization in developing nations such as China, India, and South Korea has fueled the regional market • The key players capturing major market share include ABB Ltd; Ametek Inc.; Johnson Electric; and Nidec Motor Corporation.
The latest trending report Global Frameless Brushless DC Motors Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The global Frameless Brushless DC Motors market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 3.1% in the forecast period of 2020 to 2025 and will expected to reach USD 258.7 million by 2025, from USD 229.3 million in 2019.The Frameless Brushless DC Motors market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.Final Report will cover the impact of COVID-19 on this industry.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/22456-frameless-brushless-dc-motors-market-analysis-reportThe major players covered in Frameless Brushless DC Motors are:KollmorgenPortescapBEI KimcoMoogJohnson ElectricMaxon MotorServotecnicaShinano KenshiWoodwardSkurka AerospaceMclennanAerotechARC SystemsBy Type, Frameless Brushless DC Motors market has been segmented into12V-24V24V-48VOtherBy Application, Frameless Brushless DC Motors has been segmented intoIndustrial AutomationMedical DeviceAerospace & DefenseOtherThe report offers in-depth assessment of the growth and other aspects of the Frameless Brushless DC Motors market in important countries (regions), including:North America (United States, Canada and Mexico)Europe (Germany, France, UK, Russia and Italy)Asia-Pacific (China, Japan, Korea, India and Southeast Asia)South America (Brazil, Argentina, etc.
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