The brushless DC motors market is projected to reach USD 8.15 billion by 2021, growing at a CAGR of 9.4% from 2016 to 2021.
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Asia-Pacific: The largest market for brushless DC motors
Asia-Pacific is currently the largest market for brushless DC motors, followed by North America, Europe, and South America. Asia-Pacific market is driven by growth of consumer electronics.
The market in the Asia-Pacific region is projected to grow at a higher rate, with China expected to dominate the market.
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Availability of cheap labor and raw materials in Asia-Pacific countries such as China, Taiwan, and India is expected to fuel the brushless DC motors market.
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Brushless DC motors are widely used in manufacturing, medical devices, automotive, and consumer electronic sector. Increased usage of brushless DC motors in automotive sector especially electrical vehicle segment is expected to drive brushless DC motors in Asia-Pacific and North America.
High initial cost and requirement of control system can hinder the growth of brushless DC motors market.
It aims at estimating the market size and future growth potential of this market across different segments such as type, end-user, speed, and regions. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, SWOT analysis, recent developments, and key market strategies.
The Brushless DC Motors Market Report’s Target Audience Includes:
- Screw Compressor Manufacturers, Dealers, and Suppliers
- Consulting Companies In The Energy And Power Sector
- Government And Research Organizations
- Environmental Research Institutes
- Power Industry Associations
- Petroleum Companies
- Manufacturing Industry
- Energy Efficiency Consultancies
The leading players in the brushless DC motors market include Johnson Electric (China), Ametek (U.S.), Nidec Corporation (Japan), Minebea (France), Allied Motion Technologies Inc. (U.S.), and Maxon Motor AG (Switzerland).
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Key Point from Table of Content
6 Brushless DC Motors Market, By Type
6.2 Inner Rotor
6.3 Outer Rotor
7 Brushless DC Motors Market, By Speed
7.2 <500 RPM Speed Range
7.3 501–2,000 RPM Speed Range
7.4 2,001-10,000 RPM
7.5 >10,000 RPM
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