Brushless DC Motors Market Insights According to the Market Research Future findings, the global brushless DC motor market is expected to expand a CAGR of about 9.50% across the assessment period (2018 to 2023). The growing utility of brushless DC motor across cash-rich industries, such as automotive, and consumer electronics among others, is identified by MRFR, as the main factor that can surge the brushless DC motor market. In recent times, brushless DC motor are considered as high endproducts owing to its high demand across different verticals. The high popularity of brushless dc motor is expected to gain high traction for its global market. BLDC motor market analysis by MRFR, reveals that the growing utility of HVAC system is expected to create growth scope for the market. The inclination of people towards owing smart homes is surging the adoption of HVAC system to maintain a controlled indoor air quality. Alongside, the rise in the level of standard for comfort are encouraging automobile producers to integrate HVAC equipment to raise vehicular environmental comfort. The high utility of brushless dc motor in HVAC is expected to contribute largely to the expansion its global market. On the downside, the high installation and maintaince price of brushless DC motor is expected to hinder the expansion of the BLDC motor market. However, with technical advancements, solutions for the same are expected to counter the market slow down. Segmental Outline The global brushless DC motors market is assessed by speed, type, and end-use. By type, the market is sectioned into inner rotor and outer rotor. The inner rotor segment is expected to secure the grand share of the global brushless DC motors market. It can be attributed to the wide application of inner rotor in different verticals due to benefits, such as better acceleration and deceleration, optimum reversible action, and high starting torque. By speed, the market is segmented into Less than 500 rpm, 501-2,000 rpm, 2,000-10,000 rpm, and above 10,000 rpm. By end-use, the market is segmented into consumer electronics, automotive, manufacturing, healthcare, and others. The automotive segment, followed by consumer electronics segment, are expected to generate a decent revenue for the brushless DC motor market. Regional Outlook The Brushless DC Motor Market Size in Asia Pacific is expected to experience a sharp rise in market size by the end of the review period. The high rate of adoption of BLDC motor by the automotive industry and the presence of giant automobile manufacturers are factors that are expected to create potential growth scope for the market. In addition, the growing utility of brushless DC motors for powertrain and chassis application also expected to bolster the expansion of the APAC market. The growth of the brushless DC motor market in North America can be attribute to the growing inclination of people towards smart home that is surging the need for HVAC systems. The increase in sales of automobile in Europe is expected to gain high traction for the market.
Key Players MRFR listed major player functioning in the global brushless DC motors market. They are; Johnson Electric Holdings Limited (Hong Kong), Allied Motion Inc. (the US), Nidec Corporation (Japan), WEG (Brazil), Anaheim Automation, Inc. (the US), Arc Systems (the US), Electrocraft Inc. (the US), BĂźhler Motor GmbH (Germany), Ametek, Inc. (the US), Toshiba Corporation (Japan), Siemens (Germany), GE (the US), and Rockwell Automation,Inc. (the US). Strategic relationships among key players can profit the BLDC motor market. In addition, the existence of well-known BLDC motor suppliers in some regions can contribute to the regional growth of the market in the review period. About Market Research Future: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. Contact: Market Research Future +1 646 845 9312 Email: sales@marketresearchfuture.com