The global brushless DC motor market size is expected to reach USD 27.2 billion by 2027, registering a CAGR of 6.6% over the forecast period, according to a study conducted by Radiant Insights, Inc. These motors are thermally resistant, require low maintenance, and operate at low temperatures, eliminating any threat of sparks.
Low maintenance costs, retrofitting of existing air, high-efficiency at lower costs, and the rising adoption of electric vehicles are some of the key factors driving their growth over the forecast period. The emergence of sensor-less controls for brushless DC type is likely to boost the durability and reliability of the product, thereby reducing the number of mechanical misalignments, electrical connections, as well as the weight and size of the end product. These factors are further estimated to drive market growth over the forecast period.
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Furthermore, production of vehicles, globally, in order to cope up with the rising demand for vehicles internationally is anticipated to further impact market growth. Brushless DC motors are extensively used in motorized vehicle applications such as in sunroof systems, motorized seats, and adjustable mirrors. Additionally, these powertrains are extensively being preferred for performance applications in vehicles such as chassis fittings, power-train systems, and safety fittings owing to simple structure, less maintenance requirements, and extended operational life. Increasing product adoption by the automobile industry in numerous vehicles for multiple applications is anticipated to drive the growth of the market tremendously over the forecast period.
Electric vehicles extensively use brushless DC motors in mechatronic systems primarily in batteries for accumulators and power electronic converters. This is owing to advantages such as high operating speed, compact size, and quick response time. Production of electric vehicles is on rise globally supported by government initiatives to encourage use of non-conventional fuels and effectively reduce the adverse impacts of carbon emissions. The increasing electric vehicle production is anticipated to directly impact the demand for brushless motors over the forecast period.
Further key findings from the report suggest:
• On account of benefits including durability and less maintenance, the brushless DC motor captured a substantial market share in 2019, a trend that is anticipated to continue over the forecast period.
• The 0 - 750 Watt segment is expected to witness rapid growth from 2020 to 2027, which can be primarily ascribed to their extensive applications in numerous motorized vehicles and household devices applications
• Motorized vehicles extensively use the powertrain for variety of applications. Increased production of automobiles and e-vehicles across the globe is anticipated to positively impact the growth of the segment over the forecast period
• The industrial machinery segment held more than 20% of the global brushless DC motor market share in 2019. Numerous industrial machines deploy the motor owing to advantages offered such as high efficiency, low power consumption, and low maintenance costs
• Asia Pacific is expected to emerge as the fastest-growing regional market, whilst registering a CAGR 8.0% over the forecast period. Increasing industrialization in developing nations such as China, India, and South Korea has fueled the regional market
• The key players capturing major market share include ABB Ltd; Ametek Inc.; Johnson Electric; and Nidec Motor Corporation. Numerous companies are focusing on developing low-maintenance and eco-friendly products in order to gain a competitive edge.
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Table of Contents
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
Chapter 2. Executive Summary
Chapter 3. Brushless DC Motor Industry Outlook
3.1. Market Segmentation
3.2. Market Size and Growth Prospects, 2016 - 2027
3.3. Value Chain Analysis
3.4. Market Dynamics
3.4.1. Market driver analysis
3.4.1.1. Increasing preference for electric vehicles
3.4.1.2. Rising demand for brushless DC motors in agricultural equipment
3.4.1.3. Increasing adoption of brushless DC motor-driven appliances in HVAC systems
3.4.2. Market restraint analysis
3.4.2.1. Restricted to small-sized vehicles
3.4.3. Market opportunity analysis
3.4.3.1. Increasing adoption of brushless DC motors in diverse applications
3.5. Penetration and Growth Prospect Mapping
3.6. Industry Analysis - Porter's Five Forces Analysis
3.6.1. Supplier Power
3.6.2. Buyer Power
3.6.3. Substitution Threat
3.6.4. Threat from new entrant
3.6.5. Competitive rivalry
Continued…
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The latest trending report Global Frameless Brushless DC Motors Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The global Frameless Brushless DC Motors market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 3.1% in the forecast period of 2020 to 2025 and will expected to reach USD 258.7 million by 2025, from USD 229.3 million in 2019.The Frameless Brushless DC Motors market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.Final Report will cover the impact of COVID-19 on this industry.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/22456-frameless-brushless-dc-motors-market-analysis-reportThe major players covered in Frameless Brushless DC Motors are:KollmorgenPortescapBEI KimcoMoogJohnson ElectricMaxon MotorServotecnicaShinano KenshiWoodwardSkurka AerospaceMclennanAerotechARC SystemsBy Type, Frameless Brushless DC Motors market has been segmented into12V-24V24V-48VOtherBy Application, Frameless Brushless DC Motors has been segmented intoIndustrial AutomationMedical DeviceAerospace & DefenseOtherThe report offers in-depth assessment of the growth and other aspects of the Frameless Brushless DC Motors market in important countries (regions), including:North America (United States, Canada and Mexico)Europe (Germany, France, UK, Russia and Italy)Asia-Pacific (China, Japan, Korea, India and Southeast Asia)South America (Brazil, Argentina, etc.
)Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)Download Free Sample Report of Global Frameless Brushless DC Motors Market @ https://www.decisiondatabases.com/contact/download-sample-22456The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Frameless Brushless DC Motors product scope, market overview, market opportunities, market driving force and market risks.Chapter 2, to profile the top manufacturers of Frameless Brushless DC Motors, with price, sales, revenue and global market share of Frameless Brushless DC Motors in 2018 and 2019.Chapter 3, the Frameless Brushless DC Motors competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.Chapter 4, the Frameless Brushless DC Motors breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.Chapter 12, Frameless Brushless DC Motors market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025.Chapter 13, 14 and 15, to describe Frameless Brushless DC Motors sales channel, distributors, customers, research findings and conclusion, appendix and data source.Purchase the complete Global Frameless Brushless DC Motors Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-22456Other Reports by DecisionDatabases.com:Global EV Traction Motor Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024Global Gear Motors Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024Global HVAC Motors Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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Market Research Future published a half-cooked research report on global Brushless Dc Motors Market.
Brushless DC motors, also known as electronically commutated motors, are synchronous motors which are powered by a DC electric source.
The working of brushless DC motors is based on the simple force interaction between the permanent magnet and the electromagnet.
Unlike a brushed DC motor, the commutation of the BLDC motor is controlled electronically.
The major advantages of the BLDC motor are reliability and efficiency, longer life, reduced friction, elimination of sparks from commutator, and faster rate of voltage and current.Get Free Sample PDF @ https://www.marketresearchfuture.com/sample_request/7525On the basis of speed, the market is segmented as inner and outer rotor.
Inner rotor subsegment is estimated to dominate the market during the forecast period as these motors are widely used in the applications where faster acceleration and deceleration of speed and position, high starting torque, and reversible action is required.
