Brushless dc motors market intelligence report offers growth prospects 2019-2026

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.

Major motives for market growth
Surge in the implementation of brushless DC motors in HVAC end-users and as servomotors and high advantages of brushless DC motors drive the growth in the global brushless DC motors market. However, slow-down in automotive industry and high initial cost of investment and complexity hinder the market growth. On the other hand, increasing use of brushless DC motors for robots would create new opportunities in the industry.

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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. However, the outer rotor brushless DC motors segment is expected to register the highest CAGR of 9.9% from 2019 to 2026, owing to the increased demand for outer rotor brushless DC motors in medical devices.

The industrial machinery segment to maintain its dominant position by 2026
Based on end user, the industrial machinery segment will hold for the highest market share in terms of revenue in 2018, contributing to more than two-fifths of the total share, and is projected to maintain its dominant position throughout the forecast period. This is due to the significant increase in the application of brushless servo motors in various types of machinery such as labeling and packaging machinery, CNC machine tool, pick and place PCB assembly machines, and machinery in other industries such as textile and food. However, the HVAC industry segment would register the fastest CAGR of 10.9% from 2019 to 2026, owing to the factors such as higher lifespan, fewer maintenance requirements, and efficient battery use.

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Key Benefits:
o The report provides a qualitative and quantitative analysis of the current Circuit Breakers market trends, forecasts, and market size from 2020 to 2026 to determine new opportunities.
o Porter's Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
o Top impacting factors & major investment pockets are highlighted in the research.
o The major countries in each region are analyzed and their revenue contribution is mentioned.
o The market player positioning segment provides an understanding of the current position of the market players active in the Circuit Breakers

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Key offerings of the report:
o Key drivers & Opportunities: Detailed analysis on driving factors and opportunities in different segments for strategizing.
o Current trends & forecasts: Comprehensive analysis on latest trends, development, and forecasts for next few years to take next steps.
o Segmental analysis: Each segment analysis and driving factors along with revenue forecasts and growth rate analysis.
o Regional Analysis: Thorough analysis of each region help market players devise expansion strategies and take a leap.
o Competitive Landscape: Extensive insights on each of the leading market players for outlining competitive scenario and take steps accordingly.

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