Brushless DC Motors Market: Top End-User Industry Consumer electronics, Automotive, Manufacturing, Medical Devices, and Others by 2023
Countries, such as India, the U.S., China, Brazil, and Argentina, show high adoption rate of energy-efficient BLDC motors in both industrial and agricultural applications. These motors are widely used in heavy industrial equipment as well as agricultural vehicles and machineries. Countries, such as India, Vietnam, Brazil, Argentina, Shri Lanka, and others have a substantial population relying on agriculture. Therefore, the demand for energy-efficient and low-cost BLDC motors has increased in such countries.
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Increase in demand for electric vehicles from countries such as the U.S., Japan, Europe, China, and India, and increased usage in various industries such as chemicals, paper & pulp, automotive, electronics manufacturing, food processing, semiconductors, & others drive the market growth for BLDC motors. In addition, BLDC motors require less maintenance, operate at low temperature, and are thermally resistant, thus eliminating threats of sparks. BLDC motor offers better operating speed, better torque-to-weight ratio, and less noise. However, use of sensors in BLDC motors increases the price, hence acting as a restraint for the market.
Brushless DC Motors Market Key Segments:
By Rotor Type
• Inner Rotor
• Outer Rotor
• 10,000 RPM
By End-User Industry
• Consumer Electronics
• Medical Devices
•The study provides an in-depth analysis of the global BLDC motors industry and current & future trends to elucidate the imminent investment pockets.
•Information about key drivers, restrains, and opportunities is provided.
•Porters Five Forces analysis illustrates the potency of buyers & suppliers operating in the industry.
•The quantitative analysis of the market from 2017 to 2023 is provided to determine the market potential.
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The key players operating in the global BLDC motors industry are Johnson Electric, Nidec Corporation, Ametek, ARC Systems, Minebea, Maxon Motor, FAULHABER, Danaher Motion, Brook Crompton, and Allied Motion Technologies.
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