Brushless DC Motors Market 2020 Share, Trend, Segmentation and Forecast to 2026

Brushless DC motors are rapidly replacing brushed DC motors because of various advantages, such as compactness, higher operating speeds, less maintenance, better torque-to-weight ratios, and less electrical noise, These motors are used in specific applications and their growth is directly dependent on the growth of their respective applications in wide range of industries.

Allied Market Research published a report, titled, "Brushless DC Motors Market by Type (Inner Rotor Brushless DC Motors and Outer Rotor Brushless DC Motors) and End User (Industrial Machinery, Automotive, Healthcare, HVAC industry, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026." As per the report, the global brushless DC motors industry garnered $34.15 billion in 2018, and is estimated to reach $71.94 billion by 2026, growing at a CAGR of 9.3% from 2019 to 2026.

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The inner rotor brushless DC motors segment to contribute the highest share during the forecast period

Based on rotor type, the inner rotor brushless DC motors segment will account for the major share in the global brushless DC motors market in 2018, contributing to more than two-thirds of the total share, and is expected to contribute the highest share during the forecast period. This is due to rising trend toward automation and technical improvements in industrial robots.

Asia-Pacific to maintain its leadership status, followed by North America by 2026

Based on region, Asia-Pacific is estimated to grow at the highest CAGR of 10.0% from 2018 to 2026, owing to the availability of raw materials, population growth, rise in industrialization, improved standard of living, and economical labor in countries like Taiwan, China, Japan, South Korea, and India.

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Players grabbing the largest pie

o Allied Motion Technologies Inc.
o Ametek Inc., Arc Systems Inc.
o Bühler Motor GmbH
o Faulhaber
o Johnson Electric Holdings Limited
o Maxon motors AG
o MinebeaMitsumi Inc.
o MinebeaMitsumi Inc.
o Nidec Corporation
o Oriental Motor Co. Ltd.

Key Findings Of The Study

o In 2018, the inner rotor segment dominated the global brushless DC motors market, in terms of revenue.
o The industrial machinery segment is expected to be the largest customer for the brushless DC motors market players globally.
o Asia-Pacific is projected to be one of the most dominant regions and is expected to witness a high growth rate during the brushless DC motors market forecast period.

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