Global Brushless Dc Motor Market Size By Type, By Application, By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Global Brushless Dc Motor Market Size By Type, By Application, By Geographic Scope And Forecast
Brushless Dc Motor Market Size And Forecast
Brushless Dc Motor Market size was valued at USD 17.6 billion in 2023 and is projected to reach USD 23.59 billion by 2030, growing at a CAGR of 6.8%during the forecast period 2024-2030.
Global Brushless Dc Motor Market Drivers
The market drivers for the Brushless Dc Motor Market can be influenced by various factors. These may include
Energy EfficiencyBecause BLDC motors do not have brushes or commutators, they are known to have a higher efficiency than conventional brushed DC motors. The need for BLDC motors is rising as energy efficiency gains traction in a number of industries.
Growing Adoption in the Automotive IndustryBLDC motors are finding more and more use in hybrid and electric cars, as well as in a variety of automotive applications like power steering, air conditioning, and engine cooling fans. The automotive industry is predicted to experience a significant increase in demand for BLDC motors due to the global transition towards electric mobility and strict pollution restrictions.
Growing Automation and RoboticsBecause of its small size, high torque-to-weight ratio, and accurate speed control, BLDC motors are frequently employed in industrial, robotic, and automation applications. BLDC motors are becoming more and more in demand in various sectors as industries continue to automate processes for increased production and efficiency.
Technological developmentsOngoing improvements in motor architecture, control schemes, and constituent materials have resulted in the creation of BLDC motors that are more dependable, efficient, and reasonably priced. The increasing use of BLDC motors in a variety of applications can be attributed to these technological breakthroughs.
Government Initiatives and IncentivesTo cut carbon emissions and fight climate change, governments everywhere are encouraging the adoption of energy-efficient technologies. The market is expanding as a result of incentives, subsidies, and laws that support the use of BLDC motors in industrial equipment, HVAC systems, and appliances.
Rise of IoT and Smart DevicesThe demand for BLDC motors is rising due to the widespread use of Internet of Things (IoT) devices and smart home appliances. This is particularly true for applications including consumer electronics, smart HVAC systems, and home automation. BLDC motors are perfect for smart devices because they provide higher controllability, quieter operation, and increased efficiency.
The Emergence of Renewable Energysolar tracking systems and wind turbines are two examples of applications using BLDC motors. The use of BLDC motors in renewable energy systems is anticipated to increase as the market for clean energy solutions grows..
Global Brushless Dc Motor Market Restraints
Several factors can act as restraints or challenges for the Brushless Dc Motor Market. These may include
High Initial CostIn comparison to their brushed counterparts, brushless DC motors often have a greater initial cost. Adoption may be significantly hampered by this, particularly in markets or applications where costs are a factor.
Complexity of Control SystemsCompared to brushed motors, BLDC motors require more sophisticated control systems. Some users could be discouraged by the complexity and expense that come with integrating these control systems into the entire system.
Scarce Skilled ManpowerSpecialized knowledge and skills are needed to operate and repair BLDC motors. There might not be as much competent labor available to operate these motors, especially in some areas or sectors of the economy.
Compatibility ProblemsThere may be compatibility problems when integrating BLDC motors into current systems. Disparities in mechanical mounting requirements, communication protocols, or control interfaces could be the cause of this.
Perception of ReliabilityAlthough BLDC motors are thought to be less reliable than brushed motors because they don’t have physical brushes, some users could disagree because of their intricacy and dependence on electronic parts.
Disruptions in the Supply ChainThe BLDC industry could be affected by supply chain interruptions, especially for essential components like electronic control circuits or rare earth magnets.
Regulatory RestrictionsIt may be difficult for BLDC motor producers to comply with certification requirements and standards. Requirements like these increase expenses and can cause a delay in time to market.
Limited Adoption in Traditional ApplicationsBecause of inertia or a lack of knowledge about the advantages of BLDC technology, there may be reluctance to its adoption in some traditional applications where brushed motors have historically been employed..
Global Brushless Dc Motor Market Segmentation Analysis
The Global Brushless Dc Motor Market is Segmented on the basis of By Type, By Application, and Geography.
By Type
Sensorless Brushless DC MotorThis kind of motor uses a rotor position sensor instead of a Hall effect sensor. Because of this, manufacturing them is easier and less expensive, but controllability may be a challenge.
Sensored Brushless DC MotorThis kind of motor measures the rotor’s position using a Hall effect sensor. Although this makes it possible to control the motor more precisely, it also increases the cost of manufacturing..
By Application
AutomobileElectric, hybrid, and fuel cell vehicles are just a few of the uses for brushless DC motors in the automobile industry. Additionally, they are utilized in window lift mechanisms, air conditioning systems, and power steering systems.
Industrial AutomationRobots, machine tools, and conveyor systems are just a few of the uses for brushless DC motors in industrial automation. They are also utilized in textile, printing, and packing machines.
Aerospace & DefenseUnmanned aerial vehicles (UAVs), missiles, and satellites are just a few of the aerospace and defense applications that use brushless DC motors. They are also utilized in the flight control and landing gear systems of aircraft.
Consumer ElectronicsDrones, power tools, and vacuum cleaners are just a few of the consumer electronics products that use brushless DC motors. Additionally, they are utilized in printers, washing machines, and computer fans.
Medical EquipmentInsulin pumps, dialysis machines, and surgical robots are just a few of the equipment that use brushless DC motors. They are also utilized in blood pumps, centrifuges, and dental drills.
By Geography
North America Market conditions and demand in the United States, Canada, and Mexico.
Europe Analysis of the Brushless Dc Motor Market in European countries.
Asia-Pacific Focusing on countries like China, India, Japan, South Korea, and others.
Middle East and Africa Examining market dynamics in the Middle East and African regions.
Latin America Covering market trends and developments in countries across Latin America.
Key Players
The major players in the Brushless Dc Motor Market are
ABB Ltd.
Allied Motion Technologies Inc.
Ametek Inc.
Johnson Electric Holdings Limited
Maxon Motor AG
Nidec Corporation
Oriental Motor Co. Ltd.
Rockwell Automation,Inc.
Schneider Electric SE
Siemens AG
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2020-2030
BASE YEAR
2023
FORECAST PERIOD
2024-2030
HISTORICAL PERIOD
2020-2022
UNIT
Value (USD Billion)
KEY COMPANIES PROFILED
ABB Ltd.,Allied Motion Technologies Inc.,Ametek Inc.,Johnson Electric Holdings Limited,Maxon Motor AG,Nidec Corporation,Oriental Motor Co., Ltd.,Rockwell Automation, Inc.,Schneider Electric SE,Siemens AG
SEGMENTS COVERED
By Type,By Application,and By Geography
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