The features of brushless DC motors such as enhanced speed torque, high efficiency, reliability, durability, and outstanding controllability boosts its adoption in many industrial applications. The rise in demand for electric vehicles from developing countries, increase in demand for HVAC applications, and surge in robotics technology are some of the key factors that fuel the market growth. However, factors such as slow-down in the automotive industry and high initial cost of investment and complexity are restricting the market growth. Furthermore, the growing industrial robotics technology is expected to offer lucrative growth opportunities to the brushless DC motors market in the forecast period.
The global Brushless DC motor market is segmented on the basis of rotor type, end user, and region. By rotor type, it is divided into inner rotor brushless DC motors and outer rotor brushless DC motors. The inner rotor segment is anticipated to dominate the global Brushless DC motor market in the future, owing to its adoption in industrial robots due to rising trend toward automation and technical improvements in industrial robots. By end user, it is divided as industrial machinery, automotive, healthcare, HVAC industry, and others. Others include consumer electronic products, automation, aerospace & defense, energy, and robotics. The industrial machinery segment is projected to dominate the global Brushless DC motor market during the forecast period.
The global Brushless DC motor market is analyzed across four geographical regions, which include North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Russia, and the Rest of Europe), Asia-Pacific (Japan, China, South Korea, India, and the Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). Asia-Pacific is expected to hold the largest market share during forecast period and is expected to grow at a significant CAGR.
The key market players profiled in the report for the Brushless DC motor market include Allied Motion Technologies Inc., Ametek Inc., Arc Systems Inc., Bühler Motor GmbH, Faulhaber, Johnson Electric Holdings Limited, Maxon motors AG, MinebeaMitsumi Inc., Nidec Corporation, and Oriental Motor Co. Ltd. Many competitors in the brushless DC motor market adopted product launch as their key developmental strategy to expand their product portfolio for business expansion. For instance, in May 2019, Ametek Inc. introduced a new series of brushless DC motors, EC042B IDEA Motor Series, under the brand Hayden Kerk Pittman. Its applications include aerospace systems, semiconductor processing equipment, lab automation, medical devices, communications equipment, and many other.
KEY BENEFITS FOR STAKEHOLDERS
- The report provides an extensive analysis of the current and emerging global brushless DC motor market trends and dynamics.
- In-depth analysis of the market is conducted by constructing market estimations for the key market segments between 2018 and 2026.
- Extensive analysis of the market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
- A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
- Global brushless DC motor market forecast analysis from 2019 to 2026 is included in the report.
- Key market players within the market are profiled in this report and their strategies are analyzed thoroughly, which helps to understand the competitive outlook of the industry.
BY ROTOR TYPE
- Inner Rotor Brushless DC Motors
- Outer Rotor Brushless DC Motors
- Industrial Machinery
- HVAC industry
- North America
o Rest of Europe
o South Korea
o Rest of Asia-Pacific
o Middle East
- Allied Motion Technologies Inc.
- Ametek Inc., Arc Systems Inc.
- Bühler Motor GmbH
- Johnson Electric Holdings Limited
- Maxon motors AG
- MinebeaMitsumi Inc.
- Nidec Corporation
- Oriental Motor Co. Ltd.
1.1. Report Description
1.2. Key Benefits For Stakeholders
1.3. Key Market Segments
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools And Models
Chapter 2: Executive Summary
2.1. Key Findings
2.1.1. Top Impacting Factors
2.1.2. Top Investment Pockets
2.2. Cxo Perspective
Chapter 3: Market Overview
3.1. Market Definition And Scope
3.2. Parent/Peer Market Overview
3.3. Key Forces Shaping Brushless Dc Motors Market
3.3.1. Low-To-High Bargaining Power of Suppliers
3.3.2. Moderate-To-High Threat of New Entrants
3.3.3. Moderate Threat of Substitutes
3.3.4. Moderate Intensity of Rivalry
3.3.5. Low-To-Moderate Bargaining Power of Buyers
3.4. Pricing Analysis
3.4.1. Pricing Analysis of Product A, By Region, 2018 & 2025
3.5. Market Evolution/ Industry Roadmap
3.6. Value Chain Analysis
3.7. Market Dynamics
22.214.171.124. Higher Advantages of Brushless Dc Motors
126.96.36.199. Growing Use of Brushless Dc Motors In Hvac End-Users
188.8.131.52. High Use of Brushless Dc Motors As Servomotors
184.108.40.206. Slow-Down In Automotive Industry
220.127.116.11. High Initial Cost of Investment And Complexity
18.104.22.168. Use of Brushless Dc Motors For Robots
Chapter 4: Brushless Dc Motors Market, By Rotor Type
4.2. Inner Rotor Brushless Dc Motors
4.2.1. Key Market Trends, Growth Factors And Opportunities
4.2.2. Market Size And Forecast, By Region
4.2.3. Market Analysis By Country
4.3. Outer Rotor Brushless Dc Motors
4.3.1. Key Market Trends, Growth Factors, And Opportunities
4.3.2. Market Size And Forecast, By Region
4.3.3. Market Analysis By Country
Chapter 5: Brushless Dc Motors Market, By End-User
5.2. Industrial Machinery
5.2.1. Key Market Trends, Growth Factors And Opportunities
5.2.2. Market Size And Forecast, By Region
5.2.3. Market Analysis By Country
5.3.1. Key Market Trends, Growth Factors And Opportunities
5.3.2. Market Size And Forecast, By Region
5.3.3. Market Analysis By Country
5.4.1. Key Market Trends, Growth Factors And Opportunities
5.4.2. Market Size And Forecast, By Region
5.4.3. Market Analysis By Country
5.5. Hvac Industry
5.5.1. Key Market Trends, Growth Factors And Opportunities
5.5.2. Market Size And Forecast, By Region
5.5.3. Market Analysis By Country
5.6.1. Key Market Trends, Growth Factors And Opportunities
5.6.2. Market Size And Forecast, By Region
5.6.3. Market Analysis By Country
Chapter 6: Brushless Dc Motors Market, By Region
6.2. North America
6.2.1. Key Market Trends, Growth Factors And Opportunities
6.2.2. Market Size And Forecast, By Rotor Type
6.2.3. Market Size And Forecast, By End-User
6.2.4. Market Analysis By Country
22.214.171.124.1. Market Size And Forecast, By Rotor Type
126.96.36.199.2. Market Size And Forecast, By End-User
188.8.131.52.1. Market Size And Forecast, By Rotor Type
184.108.40.206.2. Market Size And Forecast, By End-User
220.127.116.11.1. Market Size And Forecast, By Rotor Type
18.104.22.168.2. Market Size And Forecast, By End-User
6.3.1. Key Market Trends, Growth Factors And Opportunities
6.3.2. Market Size And Forecast, By Rotor Type
6.3.3. Market Size And Forecast, By End-User
6.3.4. Market Analysis By Country
22.214.171.124.1. Market Size And Forecast, By Rotor Type
126.96.36.199.2. Market Size And Forecast, By End-User
188.8.131.52.1. Market Size And Forecast, By Rotor Type
184.108.40.206.2. Market Size And Forecast, By End-User
220.127.116.11.1. Market Size And Forecast, By Rotor Type
18.104.22.168.2. Market Size And Forecast, By End-User
22.214.171.124.1. Market Size And Forecast, By Rotor Type
126.96.36.199.2. Market Size And Forecast, By End-User
188.8.131.52. Rest of Europe
184.108.40.206.1. Market Size And Forecast, By Rotor Type
220.127.116.11.2. Market Size And Forecast, By End-User
6.4.1. Key Market Trends, Growth Factors And Opportunities
6.4.2. Market Size And Forecast, By Rotor Type
6.4.3. Market Size And Forecast, By End-User
18.104.22.168.1. Market Size And Forecast, By Rotor Type
22.214.171.124.2. Market Size And Forecast, By End-User
126.96.36.199.1. Market Size And Forecast, By Rotor Type
188.8.131.52.2. Market Size And Forecast, By End-User
184.108.40.206.1. Market Size And Forecast, By Rotor Type
220.127.116.11.2. Market Size And Forecast, By End-User
18.104.22.168. South Korea
22.214.171.124.1. Market Size And Forecast, By Rotor Type
126.96.36.199.2. Market Size And Forecast, By End-User
188.8.131.52. Rest of Asia-Pacific
184.108.40.206.1. Market Size And Forecast, By Rotor Type
220.127.116.11.2. Market Size And Forecast, By End-User
6.5.1. Key Market Trends, Growth Factors And Opportunities
6.5.2. Market Size And Forecast, By Rotor Type
6.5.3. Market Size And Forecast, By End-User
6.5.4. Market Size And Forecast, By Country
18.104.22.168. Latin America
22.214.171.124.1. Market Size And Forecast, By Rotor Type
126.96.36.199.2. Market Size And Forecast, By End-User
188.8.131.52. Middle East
184.108.40.206.1. Market Size And Forecast, By Rotor Type
220.127.116.11.2. Market Size And Forecast, By End-User
18.104.22.168.1. Market Size And Forecast, By Rotor Type
22.214.171.124.2. Market Size And Forecast, By End-User
Chapter 7: Competitive Landscape
7.1.1. Market Player Positioning, 2018
7.2. Market Share Analysis of Top Players, 2018 (%)
7.3. Top Winning Strategies
7.3.1. Top Winning Strategies, By Year
7.3.2. Top Winning Strategies, By Development
7.3.3. Top Winning Strategies, By Company
7.4. Product Mapping of Top 10 Player
7.5. Competitive Dashboard
7.6. Competitive Heatmap
7.7. Key Developments
7.7.1. New Product Launches
7.7.3. Mergers And Acquisition
7.7.4. Other Developments
Chapter 8: Company Profiles
8.1. Allied Motion Technologies Inc.
8.1.1. Company Overview
8.1.2. Key Executives
8.1.3. Company Snapshot
8.1.4. Operating Business Segments
8.1.5. Product Portfolio
8.1.6. R&D Expenditure
8.1.7. Business Performance
8.1.8. Key Strategic Moves And Developments
8.2. Ametek Inc.
8.2.1. Company Overview
8.2.2. Key Executives
8.2.3. Company Snapshot
8.2.4. Operating Business Segments
8.2.5. Product Portfolio
8.2.6. R&D Expenditure
8.2.7. Business Performance
8.2.8. Key Strategic Moves And Developments
8.3. Arc Systems Inc.
8.3.1. Company Overview
8.3.2. Key Executives
8.3.3. Company Snapshot
8.3.4. Operating Business Segments
8.3.5. Product Portfolio
8.4. Bühler Motor Gmbh
8.4.1. Company Overview
8.4.2. Key Executives
8.4.3. Company Snapshot
8.4.4. Operating Business Segments
8.4.5. Product Portfolio
8.4.6. Key Strategic Moves And Developments
8.5.1. Company Overview
8.5.2. Key Executives
8.5.3. Company Snapshot
8.5.4. Operating Business Segments
8.5.5. Product Portfolio
8.5.6. Key Strategic Moves And Developments
8.6. Johnson Electric Holdings Limited
8.6.1. Company Overview
8.6.2. Key Executives
8.6.3. Company Snapshot
8.6.4. Operating Business Segments
8.6.5. Product Portfolio
8.6.6. R&D Expenditure
8.6.7. Business Performance
8.6.8. Key Strategic Moves And Developments
8.7. Maxon Motors Ag
8.7.1. Company Overview
8.7.2. Key Executives
8.7.3. Company Snapshot
8.7.4. Operating Business Segments
8.7.5. Product Portfolio
8.7.6. Key Strategic Moves And Developments
8.8. Minebeamitsumi Inc.
8.8.1. Company Overview
8.8.2. Key Executives
8.8.3. Company Snapshot
8.8.4. Operating Business Segments
8.8.5. Product Portfolio
8.8.6. R&D Expenditure
8.8.7. Business Performance
8.8.8. Key Strategic Moves And Developments
8.9. Nidec Corporation
8.9.1. Company Overview
8.9.2. Key Executives
8.9.3. Company Snapshot
8.9.4. Operating Business Segments
8.9.5. Product Portfolio
8.9.6. R&D Expenditure
8.9.7. Business Performance
8.9.8. Key Strategic Moves And Developments
8.10. Oriental Motor Co. Ltd.
8.10.1. Company Overview
8.10.2. Key Executives
8.10.3. Company Snapshot
8.10.4. Operating Business Segments
8.10.5. Product Portfolio
8.10.6. Key Strategic Moves And Developments
*Full List of Tables and Figures Available on Enquiry.
Brushless DC motors are rapidly replacing brushed DC motors because of various advantages, such as compactness, higher operating speeds, less maintenance, better torque-to-weight ratios, and less electrical noise, These motors are used in specific applications and their growth is directly dependent on the growth of their respective applications in wide range of industries. Brushless DC motors are widely used in compressors, lathe machines, HVACs, disk drives, electric cars, and machine tools. These high-efficiency motors have gained importance over other motors owing to their features such as low energy consumption & maintenance, long lifespan, and others. The high initial cost of brushless DC motors poses a challenge to their adoption, thereby, restrains the growth of the market.
There is a growing popularity of brushless DC motors due to a component called electronic commutation, which replaces conventional mechanics. In addition, there has been a large adoption of brushless DC motors in automotive vehicles and industrial machinery as they provide advantages such as improved speed, high dynamic response, high efficiency, extended speed ranges, long operation life. Furthermore, the use of brushless DC motors for robots offer lucrative growth opportunities for the market.
The Asia-Pacific accounted for the highest revenue in 2018 compared to other regions due to new innovations and advancements in technology and adoption of DC motors in major sectors such as domestic appliances, automotive, industrial applications, and others. In North America and Europe, Brushless DC motor has its application in industries such as transportation, HVAC, military, and others.
According to Rohit Sawant, Research Analyst, Construction and Manufacturing, “Many competitive players are investing in the industrial sector, which is anticipated to boost the demand for brushless DC motors, thereby fueling the growth of the market. The industrial machinery segment is projected to generate the highest market revenue during the forecast period, owing to increased installation in the automation industry. Moreover, Asia-Pacific serves as the productive region with diverse industry verticals significantly investing in automotive and manufacturing industries.”
There is growing popularity of brushless DC motor due to the use of electronic commutation which replaces the conventional mechanics such as brushes rubbing on the commutator to energize the windings in the armature of a DC motor. Use of electronic commutation provides higher efficiency over conventional DC motors with improvements of around one-fifth for motors running at the same speed and load. International Energy Agency (IEA), reports that globally around 40% of electricity is being used to power electric motors where such efficiency gains due to use of brushless DC motors become compelling.
Asia-Pacific is a pioneer in the Brushless DC motors market, owing to the expansion of the industrial machinery sector in the region. Therefore, Brushless DC motors market’s share is the highest among countries such as China, Japan, and India. In addition, increase in demand for brushless motors from the automotive industry is expected to boost the market growth.
Key Findings of The Study:
In 2018, the inner rotor segment dominated the global brushless DC motors market, in terms of revenue.
The industrial machinery segment is expected to be the largest customer for the brushless DC motors market players globally.
Asia-Pacific is projected to be one of the most dominant regions and is expected to witness a high growth rate during the brushless DC motors market forecast period.
The major players operating in the Brushless DC motor industry include Allied Motion Technologies Inc., Ametek Inc., Arc Systems Inc., Bühler Motor GmbH, Faulhaber, Johnson Electric Holdings Limited, Maxon motors AG, MinebeaMitsumi Inc., Nidec Corporation, and Oriental Motor Co. Ltd.
- Allied Motion Technologies Inc.
- Ametek Inc.
- Arc Systems Inc.
- Bühler Motor GmbH
- Johnson Electric Holdings Limited
- Maxon motors AG
- MinebeaMitsumi Inc.
- MinebeaMitsumi Inc. Nidec Corporation
- Oriental Motor Co. Ltd.
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.