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Global Brushless DC Motor Market 2021: By Power Output (0 -750 Watts, 750 Watts to 3 kW, 3 kW - 75 kW, Above 75 kW), By End-Use (Industrial Machinery, Motor Vehicles, - Safety, - Comfort, - Performance, HVAC Equipment, Aerospace & Transportation, Household Appliances, Others)Global Brushless DC Motor Market is the title of an upcoming report offered by Trusted Business Insights. The research process involved the study of various factors positively or negatively impacting the industry and market. Also, market risks, opportunities, growth market barriers and challenges, and future scenarios have been covered in the report. Factors considered include government policies and mandates, the market environment, competitive landscapes, historical data, current and historical trends in the market, technological innovations, new solutions and modifications made to existing provisions, upcoming technologies and the technical progress of related industries. The research study involved the extensive usage of expert opinions, using both primary and secondary data sources and efforts. The global brushless DC motor market has been segmented according to power output, end-use, as well as regions and countries. The Global Brushless DC Motor market size was valued at USD $13.35 Billion in 2020, USD $14.37 Billion in 2021, forecasted to reach USD $15.46 Billion in 2022, and is projected to reach USD $26.78 Billion by 2030, and is anticipated to expand at a CAGR of 7.6% over the forecast period from 2020 to 2030.
Overview:A brushless DC motor or a BLDC motor is an electronically commuted DC motor which does not have brushes. The controller provides pulses of current to the motor windings which modulate the speed and torque of the synchronous motor. They are thermally resistant, can operate at low temperatures (eliminating any threat of sparks), and requires low maintenance. They offer reliability and optimum efficiency, as such, they are widely used in a host of diverse applications.
Dynamics:The ability of brushless DC motors to reduce energy consumption and to improve operational efficiency are expected to positively impact revenue growth of the global brushless DC motor market. Another factor that is slated to impact the global brushless DC motor market is the increasing demand from the automotive industry. Brushless DC motors are used in a wide host of automotive applications such as the vehicles powertrain systems, chassis and safety fittings. The rising popularity of automobile features such as sun roofs, wipers, adjustable mirrors, doors, etc. require a brushless DC motor to function, which in turn, is projected to boost revenue growth of the global brushless DC motor market. Several government policies promoting the adoption of environmentally friendly vehicles like hybrid or electrical vehicles is expected to contribute to sustained revenue growth of this market.
Segmentation of the global brushless DC motor market is as follows:In terms of end-use, the motor vehicles segment accounted for a significant portion of the global brushless DC motor markets revenue. This can be attributed to its numerous applications in the automotive industry. The industrial machinery segment also accounted for sizeable revenue share and is expected to continue to do so over the next 10 years. The comfort segment is expected to be the fastest growing segment over the forecast period. With respect to power output, the 0-750 Watt segment accounted for the majority revenue share of the global brushless DC motor market in 2019 and is expected to continue to do so over the next 10 years. This can be accredited to the numerous applications that they are used for. The above 75 Watt segment is also projected to grow substantially in terms of revenue in the coming years.
Regional Segmentation and Analysis:The market in the Asia Pacific region is expected to register the highest CAGR in the coming years owing to increasing expenditure towards the development of infrastructural and manufacturing facilities. Rapid industrialization is another factor that is influencing the revenue growth of the brushless DC motor market of the region. The markets of North America and Europe respectively accounted for a significant revenue share of the global brushless DC motor market due to the increasing adoption of motorized vehicles in these regions. Megaflux™ are the brands covered in this Brushless DC Motor report.
Below are the active patents related to Brushless DC Motor Market.Patent Number: EP2828960A1 Brushless dc motor Abstract A brushless DC motor comprises a plurality of magnets positioned at a distance from one another on a circular structure, and a plurality of solenoids provided each around a static solenoid housing, wherein said solenoid housing is structured with a void portion through which said plurality of magnets can pass when the circular structure comprising said plurality of magnets rotates around its axis. Type: Grant Filed: 2013-03-19 Date of Patent: 2015-01-28 Assignee : Intellitech Pty Ltd , Vastech-Holdings Ltd
Below are the leading companies profiled in this Brushless DC Motor Market Report:
Chapter 1 Methodology and Scope