Brushless DC Motor Market 2023 Supply Chain

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Sachin 1/31/2024 5:45:55 AM

Brushless DC Motor Market 2023 Supply Chain Analysis, Structure, Industry Inspection, and Forecast 2032

The Brainy Insights launched a study titled
Brushless DC Motor Market Size by Type (Outer Rotor and Inner Rotor), Rated
Output Power (Above 75 kW, 3 kW - 75 kW, 750 Watts to 3 kW, and 0 -750 Watts),
End-User (Automotive, Medical Devices, Consumer Electronics, Manufacturing, and
Others) Regions, Global Industry Analysis, Share, Growth, Trends, and Forecast
2022 to 2030

The global
brushless DC motor market is expected to grow from USD 14.36 billion in 2021 to
USD 27.77 billion by 2030, at a CAGR of 7.60% during the forecast period
2022-2030. The rise in the automotive industry's transition toward electric
vehicles is anticipated to grow the demand for brushless DC motors. Moreover,
the raised operational efficiency of equipment, increased PCB manufacturing,
and increased car production is also helping to drive the market's growth
during the forecast period. Further, the rise in the applicability & usage
of brushless DC motors across several significant verticals is also helping to
boost the market growth.

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The inner rotor segment led the market to a
value of around 8.07 billion in 2021.

The type
segment is divided into the outer rotor and inner rotor. The inner rotor
segment led the market to a value of around 8.07 billion in 2021. This growth
is attributed to the increasing production of automobiles and the preference
for energy-efficient systems.

The 0 -750 watts segment led the market with a
value of around 4.18 billion in 2021.

The rated
output power segment is divided into above 75 kW, 3 kW - 75 kW, 750 Watts to 3
kW, and 0 -750 watts. The 0 -750 watts segment led the market with a value of
around 4.18 billion in 2021. This growth is attributed to its high efficiency.

The consumer electronics segment led the
market with a value of around 3.75 billion in 2021.

The
end-user segment is divided into automotive, medical devices, consumer
electronics, manufacturing, and others. The consumer electronics segment led
the market with a value of around 3.75 billion in 2021. This growth is
attributed to rising customer disposable income.

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Regional Segmentation Analysis:

The market
is analyzed based on five regions: North America, Europe, Asia Pacific, South
America, the Middle East, and Africa. The Asia Pacific region emerged as the
largest global brushless DC motor market, with a market value of around 6.79 billion
in 2021. The Asia Pacific dominates the brushless DC motor market, and this
trend is expected to continue during the forecast period. This growth is
attributed to increasing government investments in the automotive sector.

Competitive
Analysis:































The major players of market include Allied
Motion Technologies, Inc., ABB Ltd., Johnson Electric, Ametek Inc., North
American Electric, Inc., Baldor Electric Company Inc., Regal Beloit
Corporation, Siemens, Nidec Motor Corporation, TECO Electric & Machinery
Co., Ltd., and among others.


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