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Brushless Dc Motor Market

Brushless DC Motor Market

Brushless DC Motor Market - Global Industry Assessment & Forecast

Number Of Pages # Pages:

250

Base Year:

2022

Date

Sep - 2023

Format:

PDF XLS PPT

Report Code:

VMR-VMR-2021-1088

Segments Covered
  • By Type By Type Inner Rotor , Outer Rotor
  • By End User  By End User Consumer Electronics, Automotive, Manufacturing, Medical Devices , Others (including HVAC, agricultural, solar pumps, and aerospace & defense applications)
  • By Speed By Speed <500 RPM, 501 - 2,000 RPM, 2,001 - 10,000 RPM, 10,000 RPM
  • By Region By Region North America, Europe, Asia Pacific , Latin America, Middle east & Africa
Snapshot
Base YearBase Year: 2022
Forecast YearsForecast Years: 2023 - 2030
Historical YearsHistorical Years: 2017 - 2021
Revenue 2022Revenue 2022: USD 11.2 Billion
Revenue 2030Revenue 2030: USD 22.2 Billion
Revenue CAGRRevenue CAGR (2023 - 2030): 9.1%
Fastest Growing Region Fastest Growing Region (2023 - 2030) North America
Largest Region Largest Region (2022): Asia Pacific
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost) Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries) Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report Country/Region-specific Report
  • Go To Market Strategy Go To Market Strategy
  • Region Specific Market Dynamics Region Specific Market Dynamics
  • Region Level Market Share Region Level Market Share
  • Import Export Analysis Import Export Analysis
  • Production Analysis Production Analysis
  • Other Others Request Customization Speak To Analyst
Brushless DC Motor Market Share

The global Brushless DC Motor Market is valued at USD 11.2 Billion in 2022 and is projected to reach a value of USD 22.2 Billion by 2030 at a CAGR (Compound Annual Growth Rate) of 9.1% between 2023 and 2030.

Premium Insights

The growth of the Brushless DC Motor market is supported by the rising demand for energy-efficient solutions in various industries, where brushless DC motors provide improved efficiency and lower power consumption compared to other motor types. The increasing use of automation in industries like manufacturing and robotics is also driving the adoption of brushless DC motors due to their precision and reliability. The thriving electric vehicle market is another major force, as these motors are widely used in electric propulsion systems, contributing to the overall expansion of the market. Furthermore, the focus on sustainability and stricter environmental regulations are pushing industries to embrace brushless DC motors for their eco-friendly qualities.

Brushless DC Motor Market Size, 2022 To 2030 (USD Billion)

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  • As technology continues to advance and improve the performance of these motors, the market is set to grow significantly, driven by the convergence of energy efficiency, automation, and innovation.
  • Asia Pacific generated more than 45.90% of revenue share in 2022
  • North America is expected to grow at the quickest rate from 2023 to 2030
  • Inner Rotor segment accounted for the largest market growth. It contributed over 55.5% of the total revenue share in 2022
  • Consumer Electronics segment revealed the most significant market growth, contributing more than 33.2% of the total revenue share in 2022
  • 2,001 - 10,000 RPM will dominate the market in 2022 with market share of 31.5%

Economic Insights

The Brushless DC Motor market has shown remarkable growth over the last five years, with an impressive CAGR. The market is being driven by the growing adoption of energy-efficient technologies and the expanding electric vehicle market, which is expected to grow at a rate exceeding 10%. In particular, emerging markets like India and Southeast Asia are experiencing a notable compound annual growth rate as a result of rapid industrialization and a thriving manufacturing sector. The market's economic performance is closely tied to the ongoing global trend towards sustainability, smart technologies, and increased automation, highlighting its importance in today's industrial landscape.

Report Coverage & Deliverables

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  • Competitor Benchmarking
  • Market Trends Heatmap
  • Custom Research Queries
  • Market Sentiment Analysis
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Top Market Trends

  • Increasing Adoption in Electric Vehicles (EVs): The market for BLDC motors is being significantly stimulated by the growth of electric vehicles. Because of their efficiency, high power density, and small design, these motors are frequently utilized in EVs.
  • Growth in Industrial Automation: Robotics, CNC machines, and other automated systems all frequently use BLDC motors in industrial automation applications. The demand for these motors is increasing as a result of the movement toward Industry 4.0 and smart manufacturing.
  • Rising Demand in HVAC Systems: In the HVAC (Heating, Ventilation, and Air Conditioning) sector, BLDC motors for fans and compressors are being used more frequently. These motors provide energy efficiency and precision control, which helps HVAC systems save energy overall.
  • Advancements in Sensor Technology: Performance of BLDC motors is greatly influenced by sensor technology. The efficiency and dependability of BLDC motors are improved by ongoing developments in sensor technology, including enhancements to position sensors and control algorithms.
  • Focus on Energy Efficiency: Across many industries, energy efficiency is a crucial element. BLDC motors are chosen over conventional brushed motors due to their increased efficiency. This trend fits nicely with the more general focus on environmentally friendly and energy-saving technologies.

Market Segmentation

Brushless DC Motor The global Brushless DC Motor market can be categorized into Type , End User , Speed, Region. The Brushless DC Motor market can be categorized into Inner Rotor , Outer Rotor based on Type . The Brushless DC Motor market can be categorized into Consumer Electronics, Automotive, Manufacturing, Medical Devices , Others (including HVAC, agricultural, solar pumps, and aerospace & defense applications) based on End User . The Brushless DC Motor market can be categorized into <500 RPM, 501 - 2,000 RPM, 2,001 - 10,000 RPM, 10,000 RPM based on Speed. The Brushless DC Motor market can be categorized into North America, Europe, Asia Pacific , Latin America, Middle east & Africa based on Region.

Based on Type

Inner Rotor holds the largest share

Inner Rotor dominates the Brushless DC Motor market because they are more efficient, converting a greater proportion of electrical energy into mechanical energy because of a shorter magnetic path and reduced winding resistance. Additionally, they have a higher power density, generating more power within a smaller and lighter framework. This advantage is a result of their inner rotor design, which provides increased winding space and improved heat dissipation.

Based on End User

Consumer Electronics will dominate the market during Forecast Period

The Brushless DC Motor market is expected to be driven by the increasing demand for energy-efficient, durable, and quieter consumer electronics. This makes brushless DC motors the ideal choice for various consumer electronics applications. For instance, power tools like drills, saws, and grinders benefit from brushless DC motors, as they provide higher power, longer runtimes, and increased lifespan compared to brushed motors.

Based on Speed

2,001 - 10,000 RPM will lead the market

2,001 to 10,000 RPM are expected to maintain their dominance in the Brushless DC Motor market due to a wide range of applications in various industries. In the medical field, these motors are essential in gas analyzer membrane pumps, dental instruments, anesthesia ventilators, and breathing system pumps. Industrial sectors also benefit from BLDC motors in laser scanning instruments, industrial laser barcode readers, CNC machine spindle rotors, and industrial automation actuators.

Based on Region

Asia Pacific lead the market

Asia Pacific lead the Brushless DC Motor market due to the increasing industrialization and automation of the manufacturing sector, significantly contributes to its dominance. Additionally, the rising popularity of electric vehicles in Asia Pacific fuels the demand for brushless DC motors. Furthermore, the region's growing emphasis on energy efficiency enhances the appeal of these motors. Major countries like China, Japan, South Korea, India, and Taiwan play a pivotal role in this market leadership, as they are home to renowned manufacturers and a growing base of end users across diverse industries.

Competitive Landscape

The Brushless DC Motor market is highly competitive, with key players vying for dominance. These companies employ strategic initiatives like mergers, acquisitions, partnerships, and new product launches to strengthen their position. Focus on innovation and technological advancements is crucial, as companies invest in research and development to create high-performance and energy-efficient motors. The market serves a wide range of applications across consumer electronics, industrial automation, electric vehicles, and medical equipment, creating competition in various sectors.

The players in the global Brushless DC Motor market include ABB Ltd.; Ametek Inc.; Johnson Electric; Allied Motion Technologies Inc.; Baldor Electric Company Inc.; Johnson Electric; North American Electric Inc.; Schneider Electric; Regal Beloit Corp. among others.

Recent Market Developments

  • Johnson Electric has introduced the ECI-040 brushless DC motor platform, which simplifies the integration process by allowing direct mains AC power integration through its controller. These motors, known for their controllability, reliability, efficiency, and reduced noise, are well-suited for a range of applications including window shutters, smart furniture, and coffee machines.

Segmentation of the Global Brushless DC Motor Market

Parameter Details
Segments Covered

By Type

  • Inner Rotor
  • Outer Rotor

By End User

  • Consumer Electronics
  • Automotive
  • Manufacturing
  • Medical Devices
  • Others (including HVAC, agricultural, solar pumps, and aerospace & defense applications)

By Speed

  • <500 RPM
  • 501 - 2,000 RPM
  • 2,001 - 10,000 RPM
  • 10,000 RPM

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle east & Africa

Regions & Countries Covered
  • North America - (U.S., Canada, Mexico)
  • Europe - (U.K., France, Germany, Italy, Spain, Rest Of Europe)
  • Asia Pacific - (China, Japan, India, South Korea, South East Asia, Rest Of Asia Pacific)
  • Latin America - (Brazil, Argentina, Rest Of Latin America)
  • Middle East & Africa - (GCC Countries, South Africa, Rest Of Middle East & Africa)
Companies Covered
  • ABB Ltd.; Ametek Inc.; Johnson Electric; Allied Motion Technologies Inc.; Baldor Electric Company Inc.; Johnson Electric; North American Electric Inc.; Schneider Electric; Regal Beloit Corp.
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis
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FAQ
Frequently Asked Question
  • The global Brushless DC Motor valued at USD 11.2 Billion in 2022 and is expected to reach USD 22.2 Billion in 2030 growing at a CAGR of 9.1%.

  • The prominent players in the market are ABB Ltd.; Ametek Inc.; Johnson Electric; Allied Motion Technologies Inc.; Baldor Electric Company Inc.; Johnson Electric; North American Electric Inc.; Schneider Electric; Regal Beloit Corp..

  • The market is project to grow at a CAGR of 9.1% between 2023 and 2030.

  • The driving factors of the Brushless DC Motor include

    • Increasing preference for electric vehicles

  • Asia Pacific was the leading regional segment of the Brushless DC Motor in 2022.