openPR Logo
Press release

Use Of Frameless Brushless DC Motors Market High In Industrial Drives And Automotive From 2021-2031

Use Of Frameless Brushless DC Motors Market High In Industrial

Global sales of frameless brushless DC motors are set to be valued at US$ 11.73 Bn in 2021, with stable long-term projections, according to latest insights from Persistence Market Research. The report estimates the market to expand at over 4% CAGR through 2031. Demand is especially high for use in industrial drives and the automotive industry, with the inner core motor winding type accounting for around two-third of overall sales. South Asia & Pacific leads the global frameless brushless DC motor market, followed by North America and Europe. Sales growth for frameless brushless DC motors waned in 2020, owing to COVID-19 economic impact, wherein, related verticals and supply chain mechanisms got disrupted, resulting in end-user demand slowdown. The anticipated degree of market growth remains to be optimistic with the resumption of production activities in several end-use industries in the last 2 financial quarters. As such, 2021 will witness close to normal market growth.

To remain ‘ahead’ of your competitors, request for a samples@ https://www.persistencemarketresearch.com/samples/14437

Key Takeaways from Study
• The electronics equipment industry has witnessed substantial growth in recent years, which is expected to persist going ahead. Positive global electronic spending will lead to increased demand for frameless brushless DC motors.
• The consumer electronics and DIY tools market is projected to register steady growth due to high rate of increasing population and urbanization in emerging countries from Asia Pacific, such as China, India, Indonesia, etc. Rapid growth in electronics production and wide use of DC motors in power tools, computers, refrigerators, etc., is boosting market growth.
• The medical devices segment is expected to lead in terms of both, market share and growth rate during the forecast period. The segment is expected to hold nearly one-third of the market value share throughout the forecast period, attributing to high usage of these motors for precision work purposes.
• Inner core winding motors will hold around two-third overall market share, with high usage in industrial drives and the automotive industry.
• The market in the U.S. is projected to expand at a CAGR of over 4% through 2031, while that in the U.K., China, and India at around 5%.
• Due to the COVID-19 pandemic, the market witnessed a disastrous growth rate of -10.9% in 2020. However, the growth rate is pegged at over 3% for 2021.

For critical insights on this market, request for customization here @ https://www.persistencemarketresearch.com/request-customization/14437

Competitive Landscape
The market is identified to be moderately consolidated, with key players accounting for more than half of the market share. These players are likely to invest in new technology developments and expansion of their networks in order to maintain their market shares. Some of the key players in the market are Woodward Inc, Moog Inc, Allied Motion Technologies, Sensata Technologies, Parker Hannifin Corp, Arc Systems, Mclennan Servo Supplies Limited, H2W Technologies, Aerotech Inc, and others

Market Projections
The frameless brushless DC motor market is likely to grow at a moderate pace during 2021-2031. However, as it is a matured market, companies are expected to concentrate on research & development activities to develop electric motors that meet the personalized requirements of consumers.

For in-depth competitive analysis, buy now@ https://www.persistencemarketresearch.com/checkout/14437

Read More Trending “PMR Exclusive Article”
• Global Market Study on Servo Motors and Drives: https://www.persistencemarketresearch.com/market-research/servo-motors-drives-market.asp

Contact us:
Persistence Market Research
Address – 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – sales@persistencemarketresearch.com

About us:
Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers’ experience by acting as the “missing” link between “customer relationships” and “business outcomes’. The best possible returns are assured therein.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Use Of Frameless Brushless DC Motors Market High In Industrial Drives And Automotive From 2021-2031 here

News-ID: 2527778 • Views: 190

More Releases from Persistence Market Research

Plantbased Protein Market to Witness Rise in Revenues During the Period 2019 - 2 …
Persistence Market Research has published a report on the plant-based protein market, which includes the global industry analysis for 2014-2018 and opportunity assessment for 2019-2029, and projects that the global plant-based protein market is expected to reach ~ US$ 9.6 Bn by the end of 2019 in terms of value, and is forecasted to reach ~ US$ 17.3 Bn by the end of 2029. According to the report, proteins are
The Chained Consumer Foodservice Market To Grasp Through The Fine Courses Of Nov …
The latest study by Persistence Market Research opines that the global chained consumer foodservice market is more popular than ever with paradigm changes in the way guests are eating and receiving their food. The chained consumer foodservice service market is expected to grow by around 4% over the forecast years, producing over US$ 280 Bn of incremental value from 2019 to 2027. This is partly driven by technology and mobile
New Product Launches To Put The Natural Organic Personal Care Product Market In …
The global natural and organic personal care products market was valued at ~US$ 10 Bn in 2014, which is estimated to reach ~US$ 14 Bn by the end of 2019. The natural and organic personal care products market is projected to expand at a robust CAGR during the next decade. Persistence Market Research (PMR) recently released a new market research on the natural and organic personal care products market covering
The Digestive Remedies Market To Ride On The Curve Of Innovation
According to a recently published PMR report, global digestive remedies market in 2018 exceeded US$ 15 Bn and is expected to grow at a moderate CAGR during the forecast period. Digestive remedies such as probiotics are used for therapy of gastrointestinal (GI) illnesses. The most prevalent digestive disorders include indigestion, heartburn, diarrhea, irritable bowel syndrome (IBS), movement disease, pediatric digestive illnesses, and constipation. To remain ‘ahead’ of your competitors, request

All 5 Releases


More Releases for Motors

Electric Motors vehicles
Electric Car Batteries- Reuse and Recycling: There are several advantages to operating an electric vehicle (EV). Electric Vehicles pump fewer CO2 into the environment and less noise pollution in communities. When competition pushes down battery costs, they are also becoming more available to middle- and low-income consumers and policymakers are adopting national and local policies aimed at promoting EV production. It is extremely relevant when it comes to their batteries, which usually
USA HVAC Motors Market Comprehensive Research 2019-2023 By Top Competitors Baldo …
Market Research Future (MRFR) has published a research report about the United States of America (USA) HVAC motors market that anticipates an increase for this market at 7.5% CAGR (Compound Annual Growth Rate) during the forecast period that would end in 2021. By value, the market has been figured to be worth the US $17, 257 mn by the end of the forecast period. Analyzing the market structure, this report
Automotive Motors Market
Motors are an integral part of vehicle components such as seat cooling fans, engine cooling fans, power steering motors, battery cooling fans, and power windows motors. Growing consumer inclination towards such advanced features in vehicles, in turn creates a conducive environment for growth of the automotive motor market. Moreover, increasing sales volume of vehicles further augments market growth. According to Organisation Internationale des Constructeurs d'Automobiles in 2016, around 69.5 million
HVAC Motors Market 2018 USA Key Country Analysis: Baldor, Marathon Electric Moto …
HVAC Motors Market 2018 USA HVAC Motors Market Information by types (chiller/cooling tower motors, fan and blower motors, condenser fan motors and shaft grounding motors), by applications (unitary, furnace, WSHP, air conditioner, heat pump,ventilator, air handler and fan powered terminal unit) - Forecast To 2021 Key Players The key players of Global HVAC Motors Market report include- Baldor Marathon Electric Motors Us Motors Fasco Motors Genteq Motors Get Sample Report@ https://www.marketresearchfuture.com/sample_request/1187 Market Synopsis of HVAC Motors Market HVAC (Heating, Ventilation and
HVAC Motors Market 2018-2021 USA Prominent Key Players: Baldor, Marathon Electri …
HVAC Motors Market Share, Size, Trends, And Business Opportunity Analysis Report 2018 include historic data, with forecast data to 2021. HVAC Motors Market report is helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities, And Global market size, share, Growth, Trends, key players forecast to 2021 USA HVAC Motors Market Information by types (chiller/cooling tower motors, fan and blower motors, condenser fan motors and shaft grounding motors),
HVAC Motors Market 2018-2021 USA Key Players: Baldor, Marathon Electric Motors, …
HVAC Motors Market 2018 HVAC Motors Market Share, Size, Trends, And Business Opportunity Analysis Report 2018 include historic data, with forecast data to 2021. HVAC Motors Market report is helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities, And Global market size, share, Growth, Trends, key players forecast to 2021 USA HVAC Motors Market Information by types (chiller/cooling tower motors, fan and blower motors, condenser fan motors and