As per a detailed analysis by Market Research Future (MRFR), the global brushless DC (BLDC) motors market is anticipated to garner a CAGR of 9.50% during the forecast period (2018-2023). Also acknowledged as electronically commutated motors, brushless DC motors are synchronous motors which are powered by a DC electric source. Brushless DC motor works on the simple force interaction between the electromagnet and permanent magnet, and the communication is controlled electronically.
Competitive Dashboard
The top players dominating the global brushless DC motors market comprises Johnson Electric Holdings Limited (Hong Kong), Allied Motion Inc. (US), Nidec Corporation (Japan), WEG (Brazil), Anaheim Automation, Inc. (US), Arc Systems (US), Electrocraft Inc. (US), Bühler Motor GmbH (Germany), Ametek, Inc. (US), Toshiba Corporation (Japan), Siemens (Germany), Rockwell Automation, Inc. (the US), and GE (US).
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Industry Highlights
Brushless DC motors are a type of permanent magnet motor, which produces an electric current to drive each phase of the motor via a closed loop controller. These motors feature high efficiency and excellent controllability and are widely used in various applications including consumer electronics, transportation, heating and ventilation, industrial engineering, and model engineering. The major advantage of brushless DC motors is their high level of efficiency, owing to their ability to control the motors at maximum rotational force, continuously.
The increasing demand from HVAC application segments, increased use of brushless DC motors across major industries including automotive, the transition towards energy-efficient motors, and high maintenance costs of brushed DC motors are some of the major factors driving the global brushless DC motors market. The energy efficient motors are the utmost priority for end users, as they help minimize their overall cost.
Market Potential and Pitfalls
The Brushless DC Motors Market have witnessed a tectonic surge over the past few years as it offers several advantages over other motors. Unlike brushed DC motors, brushless DC motors require less maintenance, which triggers its demand across the globe. Compared to other motors, brushless DC motors operate effectively at all speeds and offer a higher range of speed, reduced size with superior thermal attributes, and lower electric noise generation. They offer a high level of efficiency as these motors can be controlled at a maximum rotational force. Such benefits of brushless DC motors are likely to promote the growth of the market. The plummeting demand from HVAC applications, growing used of brushless DC motors across especially in automotive, high maintenance cost of brushed DC motors, and transition towards energy-efficient motors are some of the protuberant drivers encouraging the growth of the market. Several key players across the globe have started developing technologically advanced motors which offer high energy-efficiency. This is further estimated to create growth opportunities for the market in the foreseeable future.
On the contrary, the use of sensors in the BLDC motor increases the price of brushless DC motors. This acts as a major restraining factor to the growth of the market across the globe.
Brushless DC Motors Market: Segmental Analysis
The brushless DC motors market is segmented on the basis of type, speed, and end-users.
By Type
By Speed
Less than 500 rpm
501-2,000 rpm
2,000-10,000 rpm
Above 10,000 rpm
By End-Use
Consumer Electronics
Automotive
Manufacturing
Healthcare
Others
By Regions
North America
Asia-Pacific
Europe
Middle East & Africa
South America
Regional Frontiers
Geographically, the brushless DC motor market span across Europe, Asia Pacific, North America, South America, and the Middle East & Africa.
Considering the global scenario, the Asia Pacific region is predicted to be the fastest evolving market and acquire the largest market share. The surging demand for automotive products and consumer electronics, especially in Japan, India, and China is dictating the growth trajectory of the regional market. The rising expenditure on the development of manufacturing and infrastructure facilities is likely to promote the growth of the regional market. Moreover, rapid industrialization in Indonesia, India, and China are likely to push the market growth uphill.
North America is likely to be a promising region and is expected to register significant growth in the foreseeable future. The growth of the regional market can be ascribed to the plummeting demand for highly sophisticated medical devices.
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