Brushless DC Motor Market Size Expected to Grow by USD 2.65 Billion | Evolving opportunities with Allied Motion Technologies Inc., AMETEK Inc., Bühler Motor GmbH and FAULHABER Group
NEW YORK, July 13, 2022 /PRNewswire/ — The “Brushless DC Motors Market by Product (Less than 750W, Between 750W to 3kW, Over 75kW, and Between 3kW to 75kW), End User (Industrial, Consumer Durables, Automotive, Aerospace and defence, and health care), and Geography (APAC, North America, Europe, South AmericaMEA, APAC, North America, Europe, South Americaand MEA) – Forecast and Analysis 2021-2025report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio is proud to partner with more than 100 Fortune 500 companies for over 16 years. The difference in potential growth for the brushless dc motors between 2020 and 2025 is $2.65 billion, according to Technavio’s latest market analysis report. The report predicts that the market will witness an acceleration in growth at a CAGR of 4.36% during the forecast period. Technavio analysts have identified the global brushless DC motor market as part of the global electrical components and equipment market.
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Key Market Dynamics:
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Market trend: the development of sensorless BLDC motors is another factor supporting the growth of the global brushless DC motors market share. Vendors, such as Texas Instruments, offer drive systems for BLDC motors that do not require a Hall sensor to determine the position of the rotors. This new technology uses back electromotive force (EMF) for position feedback. This reduces the need for expensive hall effect sensors and complex controllers in many applications. For these reasons, the market will rise during the forecast period.
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Market Challenge: The innovations in brushed DC motor drive electronics will be a major threat to the growth of the global brushless DC motors market share during the forecast period. Also, stepper motors are much preferred in certain medical applications such as dosing. This preference is mainly due to the falling cost of programmable stepper motors. These developments are preventing the global BLDC motor market from reaching its potential growth rate.
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Supplier Landscape
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The brushless DC motor market is fragmented and the vendors are deploying growth strategies such as introducing innovative and technologically advanced products to gain competitive advantage to compete in the market.
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To make the most of the opportunities and recover from the post-pandemic impact, market vendors are expected to focus more on growth prospects in fast-growing segments, while maintaining their positions in slow-growing segments.
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The Brushless DC Motors Market forecast report offers in-depth information about key vendor profiles. The profiles include production, sustainability and outlook information from key companies.
Main companies mentioned with their offers
Some Other Market Vendors Covered In This Report Are:
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Scope of the brushless dc motor market |
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Report cover |
Details |
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Page number |
120 |
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base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum and CAGR |
Accelerate at a CAGR of 4.36% |
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Market Growth 2021-2025 |
$2.65 billion |
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Market structure |
Fragmented |
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Annual growth (%) |
12.69 |
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Regional analysis |
APAC, North America, Europe, South America, MEA, APAC, North America, Europe, South America and MEA |
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Successful market contribution |
APAC 64% |
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Main consumer countries |
China, USA, Japan, Germany and UK |
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Competitive landscape |
Leading companies, competitive strategies, scope of consumer engagement |
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Profiled companies |
Allied Motion Technologies Inc., AMETEK Inc., Bühler Motor GmbH, FAULHABER Group, Johnson Electric, Maxon Motor AG, MinebeaMitsumi, Moog Inc., Nidec Corp. and Oriental Motor Co. Ltd. |
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Market dynamics |
Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, COVID 19 Impact and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period. |
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Personalization area |
If our report does not include the data you are looking for, you can contact our analysts and customize the segments. |
Main topics covered:
1. Summary
2 Market landscape
3 Market sizing
4 Five forces analysis
5 Market Segmentation by Product
6 Market Segmentation by End User
7 Customer Landscape
8 Geographic landscape
9 drivers, challenges and trends
10 Supplier Landscape
11 Vendor Analysis
12 Appendix
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