Global Brushless DC Motor Market is expected to foresee significant growth. Asia Pacific to lead the growth
Global Brushless DC Motor Market is expected to reach the market valuation of US$ xx billion by 2027 expanding at a reasonable CAGR of xx% during the forecast period (2021-2027) from US$ xx billion in 2020. A Brushless DC Electric Motor (BLDC) is an electric motor powered by a direct current voltage supply and commutated electronically instead of by brushes like in conventional DC motors. The controller provides pulses of current to the motor windings which modulate the speed and torque of the synchronous motor. Brushless DC motors typically have an efficiency of 85-90%, while brushed motors are usually only 75-80% efficient. Brushes eventually wear out, sometimes causing dangerous sparking, limiting the lifespan of a brushed motor. Brushless DC motors are quiet, lighter and have much longer lifespans. Because computers control the electrical current, brushless DC motors can achieve much more precise motion control.
The Global Brushless DC Motor Market is experiencing significant growth due to the increased demand for HVAC systems, rising global demand for electrical vehicles, and increase in urban population and rise in industrialization activities are the key factors complementing the brushless DC motors market.
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Brushless DC motors are often used in modern devices where low noise and low heat are required, especially in devices that run continuously. This may include washing machines, air conditioners and other consumer electronics. The benefits associated with brushless DC motors such as low noise level, high torque, saving energy, and increased operational efficiency fuel the growth of the market. Also, these motors offer optimum efficiency and reliability at the same time, which proves to be economical in many applications, such as window lifters, air conditioners, and sunroof actuators.
Based on type, the market is segmented into Inner Rotor, and Outer Rotor. The Inner Rotor segment grabbed XX% market share of the Global Brushless DC Motor Market and gathered revenue of USD XX billion in 2020. The segment is expected to grow at a CAGR of XX% during the forecast period to reach a market valuation of USD XX billion by 2027 owing to its adoption in industrial robots due to a rise in trend toward automation and technical improvements in industrial robots.
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Based on Power output type, the market is segmented into 0-750 W, 750 W to 3 KW, 3 kW – 75 kW, & Above 75 kW. In 2020, the 0-750 W segment dominated the Brushless DC Motor Market and accounted for XX% market share. This segment will witness a considerable CAGR of XX% during the forecast period (2021-2027F) owing to the wide usage of these products in numerous applications, such as fans, pumps, compressors, machine tools, domestic appliances, electric cars, HVAC applications, power tools, and automated robots.
The impact of the COVID-19 pandemic is being felt & has negatively impacted the global manufacturing industry and has led to the shutdown of industrial production units in several industries in the last few months. The demand curve for industrial equipment has taken a new shape, mainly in countries where the impact of COVID-19 is high.
The coronavirus pandemic has buffeted manufacturers in every sector. Companies serving industries that are thriving—technology, health care and home repair and remodeling, among others—have experienced a sharp increase in demand, while those that manufacture components for underperformers such as aviation, energy and the automotive industry have languished. Meanwhile, almost all manufacturers have grappled with supply chain disruptions.
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Similarly, automotive industry felt very hard impacts in the early months of the global COVID-19 pandemic. The effects began in China, where sales plunged 71 percent in February 2020; by April, sales had dropped 47 percent in the United States and dived 80 percent in Europe.
Additionally, the report provides detailed initiatives that are being taken in the field of Brushless DC Motor market. The market is classified into distinct regions including North America, Europe, Asia Pacific, and the Rest of World. Asia Pacific dominated the Global Brushless DC Motor Market, accounting for nearly xx% share in 2020 due to growing investments in electronics & industrialization in different countries of the region.
Global Brushless DC Motor Market Segmentation
Market Insight, by Type
- Inner Rotor
- Outer Rotor
Market Insight, by Power Output
- 0-750 W
- 750 W to 3 KW
- 3 kW – 75 kW
- Above 75 kW
Market Insight, by End User
- Consumer Electronics
- Medical Devices
- Others (including HVAC, agricultural, solar pumps, and aerospace & defense applications)
Market Insight, by Region
- North America
- Asia Pacific
- Rest of World
Top Company Profiles
- AMETEK, Inc.
- Nidec Corporation
- Allied Motion Technologies Inc.
- Johnson Electric
- ABB Ltd.
- Buhler Motor GmbH
- Maxon Motor
- Regal Beloit Corporation
- MinebeaMitsumi Inc.
- Schneider Electric