Market Research Future (MRFR) has published a cooked research report on the “Global Brushless DC Motors Market” that contains information from 2023 to 2032. The Global Brushless DC Motors Market is estimated to register a CAGR of 8.21% during the forecast period of 2023 to 2032.
MRFR recognizes the following companies as the key players in the Global Brushless DC Motors Market— WEG (Brazil), Nidec Corporation, Arc Systems, Anaheim Automation Inc., Bühler Motor GmbH, Electrocraft Inc., Toshiba Corporation, Ametek Inc., and Rockwell Automation Inc.
The Global Brushless DC Motors Market is accounted to register a CAGR of 8.21% during the forecast period and is estimated to reach USD 17.29 Billion by 2032.
The Global Brushless DC (BLDC) Motors Market refers to the worldwide industry encompassing the production, distribution, and consumption of brushless DC motors. These motors are a type of electric motor that operates without the need for brushes to establish a connection between the rotating and stationary parts.
The growth of the Global BLDC Motors Market is driven by factors like increased industrial automation, rising demand for electric vehicles, and the push for energy-efficient solutions in various sectors. However, market dynamics are subject to change based on technological developments, regulatory shifts, and shifts in consumer preferences.
The Global Brushless DC Motors Market has been segmented based on type and end use.
On the basis of type, the market is segmented into Inner Rotor and Outer Rotor. The Inner Rotor dominated the market. It has characteristics like a rotating shaft with a low moment of inertia, the capacity to minimize the dimensions of the primary unit, and the capacity to operate at high temperatures.
Based on end use, the market has been segmented into Manufacturing, Medical Devices, Automotive and Consumer Electronics. Consumer Electronics dominated the market. The consumer electronics market has experienced a rise in competition, forcing businesses to implement cutting-edge technologies and analysis to ensure the best possible use of their assets.
Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Brushless DC Motors Market Research Report
The Global Brushless DC Motors Market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Global Brushless DC Motors Market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Global Brushless DC Motors Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Global Brushless DC Motors Market comprises of Middle East, Africa, and Latin America.
North America has a significant presence in the BLDC motors market due to its strong industrial base, technological advancements, and emphasis on energy-efficient solutions. The region's automotive sector contributes to the demand for BLDC motors in electric vehicles (EVs) and hybrid vehicles.
Europe is a prominent market for BLDC motors, driven by stringent environmental regulations and a push toward sustainable transportation. The automotive industry is a major consumer of BLDC motors, particularly in electric and hybrid vehicles.
Asia-Pacific is a rapidly growing market for BLDC motors due to the region's expanding manufacturing sector, increasing adoption of electric vehicles, and rising industrialization. The electric mobility trend in the region contributes significantly to the demand for BLDC motors, with electric scooters, bikes, and cars driving the market's growth.
Furthermore, the rest of the world's Global Brushless DC Motors Market is divided into the Middle East, Africa, and Latin America. The Latin American market for BLDC motors is smaller compared to other regions but is gradually growing due to industrial development and the adoption of energy-efficient technologies.
Key Findings of the Study