Brushless DC Motors Market is Increasing Due to Increase Automotive Vehicles and Industrial Machinery

According to a new report published by Allied Market Research, titled," Brushless DC Motors Market by Rotor Type and End User: Global Opportunity Analysis and Industry Forecast, 2019-2026.

The global brushless DC motors market size is expected to reach $71,942.6 million in 2026, from $34,153.5 million in 2018, growing at a CAGR of 9.3% from 2019 to 2026. In 2018, inner rotor dominated the market, in terms of revenue, accounting for over three-fifths share of the global brushless DC motors market.

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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 B?hler 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.

There is growing popularity of brushless DC motor due to the use of electronic commutation which replaces the conventional mechanics such as brushes rubbing on the commutator to energize the windings in the armature of a DC motor. Use of electronic commutation provides higher efficiency over conventional DC motors with improvements of around one-fifth for motors running at the same speed and load. International Energy Agency (IEA), reports that globally around 40% of electricity is being used to power electric motors where such efficiency gains due to use of brushless DC motors become compelling.

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