Press release
Brushless DC Motors Market Industry Overview by Size, Share, Revenue, Future Growth at CAGR of 10.3% by 2030
Brushless DC Motors Market
Brushless DC motors have longer life span as they do not have brushes and commutator erosion. It can be used in various applications such as HVAC industry, power tools, automotive, and healthcare.
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, and long lifespan. High initial cost of brushless DC motors poses a challenge to their adoption, thereby, restrains brushless DC motors market growth.
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The brushless dc motors market size was valued at $33.2 billion in 2020, and is estimated to reach $72.2 billion by 2030, growing at a CAGR of 8.1% from 2021 to 2030.
Asia-Pacific accounted for the highest revenue share of 43.5% in 2020, compared to other regions, owing to new innovations and advancements in technology and adoption of DC motors in major sectors such as domestic appliances, automotive, and industrial applications.
Furthermore, market players have implemented various strategic moves such as collaboration, acquisition, partnership, and product launch to strengthen its market position to improve its product portfolio. For instance, in October 2022, Maxon Motors AG, manufacturer and supplier of motors has collaborated with Flybotix Drone. Collaboration has the aim to develop high performance brushless DC motors. Furthermore, in November 2022, Maxon Motors introduced frameless brushless DC motor EC DT50 for dynamic applications. It offers torque over 500 Nm and a speed of 4,000 RPM with improved controllability and high efficiency.
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Segmentation Based On -
By Speed -
Less Than 500 RPM
501 To 2000 RPM
2001 To 10,000 RPM
More Than 10,000 RPM
By End user -
Industrial Machinery
Automotive
Healthcare
HVAC Industry
Power tools
Others
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Top Players:
Faulhaber Group, Nidec Corporation, Arc Systems Inc, Robert Bosch GmbH, Maxon motors AG, Oriental Motor Co. Ltd, Allied Motion Technologies Inc., Buhler Motor GmbH, Johnson Electric Holdings Limited,, MinebeaMitsumi Inc., Ametek Inc.
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