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Global report on Brushless DC Motor market by Products (Very large, large, medium, small), by Rotor configuration (Inner rotor, Outer rotor), by End Use segment (Automotive, Industrial Machinery, Healthcare, HVAC, Others), and by Geography - Forecast to 2

10-23-2020 05:27 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: i2i Research LLP

Global report on Brushless DC Motor market by Products (Very

The global market for brushless DC motor was valued at USD 38.6 Billion in 2019 and is expected to reach USD 62.9 Billion by 2024, expanding at a CAGR of 10.3% during the forecast period. Asia Pacific and Latin America will be the fastest growing markets for brushless DC motors during the forecast period. Increasing use of brushless DC motors as servomotors, growth in robotics industry, along with increased demand for brushless DC motors in HVAC end use segment will boost the growth of the market during the forecast period.
Asia Pacific will be the leading market for brushless DC Motors during the forecast period. Rapid advancement and development in the manufacturing sectors such as Industrial Machinery, Automobile, and HVAC in China, Japan, and India will boost the demand of these motors. HVAC will be the fastest growing segment in the region during the forecast period.
Recent Key Developments in the Industry
1. In December 2019, Minebae acquired Mast Kunststoffe GmbH & Co through its subsidiary MinebeaMitsumi Technology Center Europe GmbH. This acquisition is expected to strengthen and extend the product range of drive components.
2. In July 2019, Faulhaber acquired Micromo to form a new entity Faulhaber Micromo LLC. FAULHABER MICROMO intends to enhance the customer experience for the North American market by utilizing the extensive engineering, design, and project management capabilities of FAULHABER, the global leader in precision drive systems.

For more details on “Global Brushless DC motor” Market Report:
https://i2iresearch.com/report/brushless-dc-motors-market-report-global-regional-industry-forecast-2019-2024/

What this report Offers
This report covers an in-depth analysis of the Global Brushless DC motor market including statistical and qualitative data points with emphasis on the market dynamics including the drivers, opportunities & restraints.
The report provides Insightful analyses of the Brushless DC Motors Market with a comprehensive understanding of the global market and its commercial landscape.
The factors most affecting driving and restraining forces in the Brushless DC Motors Market and its impact on the global market are also provided
The report provides detailed analysis of changing market trends, current and future technologies used, and various strategies adopted by leading players of the Brushless DC Motors market.

To avail a copy of the sample of the Global Brushless DC motor Market Report:
https://i2iresearch.com/report/brushless-dc-motors-market-report-global-regional-industry-forecast-2019-2024/

Key Segmentations in this report

1. Global Brushless DC Motors Market, by motor size
‒ Very Large
‒ Large
‒ Medium
‒ Small
2. Global Brushless DC Motors Market, by rotor configuration
‒ Inner rotor
‒ Outer rotor
3. Global Brushless DC Motors Market, by End Use segment
‒ Automotive
‒ Healthcare
‒ HVAC
‒ Industrial Machinery
‒ Others
4. Global Brushless DC Motors Market, by Region
‒ North America
‒ Europe
‒ Asia Pacific
‒ Latin America, Middle East, Africa (LAMEA)

For a detailed table of content of the Global Brushless DC motor Market Report:
https://i2iresearch.com/report/brushless-dc-motors-market-report-global-regional-industry-forecast-2019-2024/

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