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Brushed DC Motor Market Expansion in Size and Market Share Anticipated from 2022 to 2030

02-27-2024 08:03 AM CET | Industry, Real Estate & Construction

Press release from: Acumen Research and Consulting

Brushed DC Motor Market Expansion in Size and Market Share

What exactly are brushed DC motors? They are direct current electric machines that convert DC electric current power into mechanical energy. The global market was valued at USD 5,361 Million in 2021 and is projected to reach USD 8,695 Million by 2030. The Brushed DC Motor Market is deeply intertwined with various applications, particularly in domestic appliances and automotive components. This sector is witnessing significant growth due to their simple design, low cost, and increased utilization in various industries. However, the market does face challenges such as high maintenance costs and the availability of inexpensive brushless DC motors. Despite these challenges, the demand remains robust, especially with the transition of the global automobile industry toward electric cars.

Key Points and Statistics on the Brushed DC Motor Market:
● The global brushed DC motor market size is projected to reach USD 8,695 Million by 2030, growing at a CAGR of 5.7% from 2022 to 2030.
● Asia-Pacific region dominated with more than 54% market share in 2021.
● Europe holds the second-largest market share in the brushed DC motor industry.
● Among applications, the process industry sector engaged more than 60% of the total market share.
● By output power, the less than 750W o/p segment generated about 30% market share in 2021.

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Brushed DC Motor Market Overview and Analysis:
Brushed DC motors might seem specialized, but their widespread application in various industries, from automotive to domestic appliances, underscores their importance. The market is dedicated to producing motors that enhance the efficiency and functionality of devices across industries. However, the market's growth might be hindered by factors like high maintenance costs and the availability of low-quality brushless DC motors. Nevertheless, the brushed DC motor remains a crucial component in modern industrial applications, offering numerous advantages while also facing certain challenges.

Latest Brushed DC Motor Market Trends and Innovations:
Technological advancements are leading to more efficient and versatile motor solutions. The increasing demand for electric vehicles, due to environmental concerns, is driving the demand for brushed DC motors in the automotive sector. Moreover, the growing transformation and automation of manufacturing processes across various industries are supporting the market trend. Continuous R&D is leading to the introduction of innovative brushed DC motor solutions for diverse industrial applications.

Major Growth Drivers of the Brushed DC Motor Market:
High adoption of brushed DC motors in domestic appliances: Brushed DC motors are widely used in domestic appliances such as fans, vacuum cleaners, and mixers. The increasing demand for these appliances is expected to drive the growth of the brushed DC motor market.
Growing use of brushed DC motors in automobile components: Brushed DC motors are used in various automobile components such as power windows, power steering, and air conditioners. The increasing demand for automobiles is expected to drive the growth of the brushed DC motor market.
Increasing automation in various industrial sectors: Brushed DC motors are used in various industrial sectors such as manufacturing, packaging, and logistics. The increasing automation in these sectors is expected to drive the growth of the brushed DC motor market.

Key Challenges Facing the Brushed DC Motor Industry:
High maintenance costs: Brushed DC motors require regular maintenance to keep them running smoothly. This can be a costly and time-consuming process, which can deter some businesses from using them.
Availability of low-quality and inexpensive brushless DC motors: Brushless DC motors are becoming increasingly popular, as they are more efficient and reliable than brushed DC motors. This has led to a decrease in the demand for brushed DC motors, which has put pressure on prices. As a result, some manufacturers are producing low-quality and inexpensive brushed DC motors in order to compete. This can damage the reputation of the brushed DC motor industry and make it difficult for reputable manufacturers to compete.

Market Segmentation Insights:

● Based on Types:
○ Series-Wound DC motor
○ Permanent Magnet Brush DC Motor
○ Compound-Wound brushed DC motor
○ Shunt-Wound brushed DC motor

● Based on Output Power:
○ Between 750W and 75kW o/p
○ Less than 750W o/p
○ Greater than 375kW o/p
○ Between 75kW and 375kW o/p

● Based on Application:
○ Discrete Industry
○ Process Industry

Overview by Region of the Brushed DC Motor Market:
While Asia-Pacific may dominate the brushed DC motor market currently due to its extensive manufacturing base, there's significant potential in regions like Europe, where countries like the UK, Germany, France, and Spain are making notable contributions.

Brushed DC Motor Market Table of Content:

CHAPTER 1. Industry Overview of Brushed DC Motor Market

CHAPTER 2. Research Approach

CHAPTER 3. Market Dynamics And Competition Analysis

CHAPTER 4. Brushed DC Motor Market By Types

CHAPTER 5. Brushed DC Motor Market By Output Power

CHAPTER 6. Brushed DC Motor Market By Application

CHAPTER 7. North America Brushed DC Motor Market By Country

CHAPTER 8. Europe Brushed DC Motor Market By Country

CHAPTER 9. Asia Pacific Brushed DC Motor Market By Country

CHAPTER 10. Latin America Brushed DC Motor Market By Country

CHAPTER 11. Middle East & Africa Brushed DC Motor Market By Country

CHAPTER 12. Player Analysis Of Brushed DC Motor Market

CHAPTER 13. Company Profile

List of Key Players in the Global Market:
The shuffled list of companies includes: AMETEK, Schneider Electric, ABB Ltd., Nidec Corporation, ARC Systems, Maxon Motor, Brook Crompton, Franklin Electric Co., Inc., FAULHABER, Johnson Electric, Danaher Motion, MinebeaMitsumi, ASMO, OMRON, Allied Motion Technologies, Inc, and Siemens.

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Acumen Research and Consulting (ARC) is a global provider of market intelligence and consulting services to information technology, investment, telecommunication, manufacturing, and consumer technology markets. ARC helps investment communities, IT professionals, and business executives to make fact based decisions on technology purchases and develop firm growth strategies to sustain market competition. With the team size of 100+ Analysts and collective industry experience of more than 200 years, Acumen Research and Consulting assures to deliver a combination of industry knowledge along with global and country level expertise.

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