Brushless DC Motor Market

[206 Pages Report] The global brushless DC motor market is estimated to reach USD 17.6 billion by 2028 from an estimated USD 12.1 billion in 2023, at a CAGR of 7.9% during the forecast period. The brushless DC motors market is expanding due to increased demand fueled by higher energy efficiency, lower maintenance needs, and precise control. Industries across robotics, electric vehicles, and manufacturing are adopting these motors for enhanced performance and reliability, contributing to their overall market growth.

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Brushless DC Motor Market Dynamics

Driver: Increasing popularity of HVAC systems among consumers

Consumer demand for HVAC (Heating, Ventilation, and Air Conditioning) systems is growing, which is good news for the brushless DC power industry. Brushless DC motors are used more often in HVAC systems because of their accuracy, dependability, and efficiency. Brushless DC motors, with their lower energy consumption and smaller maintenance needs, are in line with customer demands for ecologically friendly and energy-efficient solutions. The demand for HVAC systems is driven by factors such as comfort, energy conservation, and environmental concerns, which is expected to drive the brushless DC power market. This trend not only amplifies the adoption of brushless DC motors in HVAC applications but also fosters innovation within the market as manufacturers strive to meet the evolving demands of a growing customer base seeking advanced and sustainable heating and cooling solutions. According to a study by U.S. Department of Energy, in a typical home of New Jersey, the HVAC system represents up to 48% of total household energy usage. Such statistics provide insights on how popular these HVAC systems are everywhere and can act as driver for the brushless DC motor market.

Restraint: High costs of brushless DC motors and requirement of controllers in them

Compared to other motor types, brushless DC motors are more expensive since electric controllers are needed to keep them operating smoothly. The elevated costs associated with brushless DC motors, coupled with the mandatory need for controllers, pose notable constraints on the growth of the brushless DC motors market. These brushless motors are intended to take the place of less costly brushed DC motors in certain applications. Despite being inexpensive, brushed DC motors perform worse because their brushes deteriorate from rubbing on the axles and contact point. Potential buyers may be discouraged by the initial outlay necessary to purchase both the motor and the controller that goes with it, especially in sectors that are cost sensitive. Therefore, the high costs associated with brushless DC motors along with the requirement of controllers would restrict the growth of the market.

Opportunities: Capitalizing on emerging markets

The emerging markets such as countries in Asia Pacific and South America are characterized by increasing industrialization, rising consumer purchasing power, and a growing demand for various products that includes brushless dc motors. The growing industries in these emerging markets pave the way for the increasing demand for brushless DC motors in applications such as manufacturing, construction, and infrastructure development. Moreover, as these emerging regions embrace automation and advanced technologies, the demand for brushless DC motors in cutting-edge applications increases. Moreover, as per a recent study by the International Federation of Robotics, there are 553,052 industrial robot installations in industries worldwide, representing a 5% annual growth rate in 2022. Asia accounted for 73% of all recently deployed robots, followed by Europe (15%) and the Americas (10%). Such an increase in the deployment of automation in various industry sectors would eventually boost the global brushless DC motor market.

Challenges: Widespread accessibility of substandard and inexpensive brushless DC motors

There are many domestic and foreign companies engaged in the highly fragmented brushless DC motors market. In this industry, the quality of the product serves as a key differentiator. While the unorganized sector of the market offers affordable alternatives to capitalize on local markets, the organized sector primarily targets industrial clients and maintains great product quality. Additionally, the market could experience a decline in consumer confidence and trust, hindering the adoption of brushless DC motors across industries. Manufacturers of high-quality brushless DC motors may face increased competition from substandard alternatives, impacting their market share and profitability. To address this challenge, industry stakeholders must prioritize quality control measures, educate consumers about the long-term benefits of investing in reliable products, and enforce standards to ensure the integrity of the market.

Brushless DC motor Market Ecosystem

Prominent firms in this sector are stable, long-standing manufacturers of brushless DC motors. These companies have been on the market for a long time and have strong sales and marketing networks, a diverse product range, and advanced manufacturing technology. Major companies in this market include Ametek Inc. (US), Allied Motion, Inc. (US), NIDEC Corporation (Japan), MinebeaMitsumi Inc. (Japan), and Johnson Electric Holdings Limited (China).

The 501-2,000 RPM segment is expected to be the second largest market by speed during the forecast period.

By speed, the brushless DC motor market is divided into <500 RPM, 501-2,000 RPM, 2,001-10,000 RPM and >10,000 RPM. The 501-2000 RPM segment is expected to be the second-largest in the market because it strikes a balance between low-speed precision and high-speed applications, meeting the diverse demands of industries such as industrial automation, power tools, and HVAC systems. This speed range is crucial for applications requiring both accuracy and power, contributing to the segment's substantial market share.

By end user, the consumer electronics is expected to be the largest segment during the forecast period.

This report segments the brushless DC motor market based on end user into consumer electronics, automotive, manufacturing, medical devices, and others. The consumer electronics segment is expected to be the largest in the market due to the growing demand for energy-efficient and high-performance motors in devices like smartphones, laptops, and home appliances. Brushless DC motors offer precise control, compact designs, and reduced noise, making them essential for various consumer electronics applications, driving the segment's significant market share.

“Asia Pacific”: The largest in the brushless DC motor market.

Asia Pacific emerges as the largest region in the brushless DC motor market, propelled by a combination of strong industrial growth and increasing technological advancements. The region's dynamic manufacturing landscape, particularly in China and India, fosters a high demand for brushless DC motors across diverse applications. Additionally, the surge in electric vehicle adoption and the flourishing consumer electronics industry further solidify Asia Pacific's position as a key driver of growth in the brushless DC motors market.

Key Market Players

The brushless DC motor market is dominated by a few major players that have a wide regional presence. The major players in the blower market are Ametek Inc. (US), Allied Motion, Inc. (US), NIDEC Corporation (Japan), MinebeaMitsumi Inc. (Japan), and Johnson Electric Holdings Limited (China). Between 2020 and 2023, strategies such as product launches, contracts, agreements, partnerships, collaborations, alliances, acquisitions, and expansions are followed by these companies to capture a larger share of the market.

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Scope of the Report

This research report categorizes the market by product type, pressure, end-use industry, distribution channel, and region

On the basis of type, the Brushless DC Motor market has been segmented as follows:

• Inner Rotor
• Outer Rotor

On the basis of speed, the market has been segmented as follows:

• <500 RPM
• 501 – 2,000 RPM
• 2,001 – 10,000 RPM
• > 10,000 RPM

On the basis of end-user, the market has been segmented as follows:

• Consumer Electronics
• Automotive
• Manufacturing
• Medical Devices
• Others

On the basis of region, the market has been segmented as follows:

• Asia Pacific
• Europe
• North America
• Middle East & Africa
• South America

Recent Developments

• In June 2022, Allied Motion acquired Airex LLC, a privately-owned company with over 70 years of history providing high precision electromagnetic components and other solutions. This acquisition would allow Allied Motion to strategically expands its motor offerings coupled with quick-turn response times and custom solutions for its customers.
• In January 2021, Nidec Corporation formed a strategic partnership with Designatronics, a developer of high-quality mechanical components. This partnership would enable Nidec Corporation to extends its distribution capabilities and serve its customers with DC motors and controllers for industrial automation, robotics, medical technology, safety & security, agriculture, marine, food & beverage, biomass/pellet technology, vending and more.
• In March 2022, Johnson Electric Holdings Limited announced the launch of its ECI-043 brushless DC motor platform, which aims at high torque low speed applications and delivers a stable torque output with a high level of controllability. This is suited for robotic lawn mower traction, cutter, and autonomous vehicle traction systems.
• In April 2022, Ametek, Inc. introduced a new size in its IDEA Motor series of brushless DC motors, which is 57 mm. This motor combines a precision brushless servo motor with an IDEA Drive controller to reduce design time, wiring needs, and overall cabinet space, which in turn leads to lower system costs.

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