Press release
Brushless DC Motor Market Development Analysis, Global Trends , Growth Factors, CAGR Status, Industry Insights by Top Key Players and, Forecast to 2028 | Players Allied Motion Technologies Inc., AMETEK Inc., Arc Systems Inc., Buhler Motor GmbH
Global brushless DC motor market size is expected to reach $68.8 billion in 2028, from $35.1 billion in 2020, growing at a CAGR of 8.5% from 2021 to 2028. In 2020, the Asia-Pacific region dominated the market, in terms of revenue, accounting for over 42.10% share of the global brushless DC motor market.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 a wide range of industries. Brushless DC motors are widely used in compressors, lathe machines, HVACs, disk drives, electric cars, and machine tools. These high-efficiency motors have gained importance over other motors, owing to their features such as low energy consumption & maintenance, long lifespan, and others. The high initial cost of brushless DC motors poses a challenge to their adoption, thereby, restrains the growth of the market.
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Leading Players:
The key players operating in the global brushless DC motors market include Allied Motion Technologies Inc., AMETEK Inc., Arc Systems Inc., Buhler Motor GmbH, Faulhaber Group, Johnson Electric Holdings Limited, Maxon motors AG, MinebeaMitsumi Inc., Nidec Corporation, and Oriental Motor Co. Ltd.
Global Key Segments:
By Rotor Type
• Inner Rotor Brushless DC Motors
• Outer Rotor Brushless DC Motors
By Power Range
• 0-750 W
• 750 W to 3 KW
• More than 3 KW
By End User
• Industrial Machinery
• Automotive
• Healthcare
• HVAC Industry
• Others
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Regional Analysis:
The global brushless DC motor market is analyzed across four geographical regions, which include North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and rest of Europe), Asia-Pacific (Japan, China, South Korea, India, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, GCC, South Africa, and rest of LAMEA). Asia-Pacific is expected to hold the largest market share during the forecast period and is expected to grow at a significant CAGR.
Key Findings Of The Study:
• The report provides an extensive analysis of the current and emerging global brushless DC motors market trends and dynamics.
• Depending on rotor type, inner rotor brushless DC motors segment was the largest revenue generator in 2020.
• By power range, the 0-750 W segment generated the highest revenue in 2020.
• On the basis of end-user, the industrial machinery-segment accounted for the highest revenue in 2020.
• Region wise, Asia-Pacific is anticipated to dominate the global brushless DC motors market throughout the study period.
• The report provides an extensive analysis of the global brushless DC motors market trends and emerging opportunities of the market.
• The global brushless DC motors market forecast analysis from 2021 to 2028 is included in the report.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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