Brushless DC Motor Market

Brushless DC Motor Market worth $17.6 billion by 2028

According to a research report "Brushless DC Motor Market by Type (Inner Rotor, Outer Rotor), Speed (<500, 501–2,000, 2,001–10,000, >10,000 RPM), End-user (Consumer Electronics, Automotive, Manufacturing, Medical Devices) and Region - Global Forecast to 2028" published by MarketsandMarkets, the Brushless DC Motor Market is projected 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.

Browse 223 market data Tables and 38 Figures spread through 206 Pages and in-depth TOC on "Brushless DC Motor Market by Type (Inner Rotor, Outer Rotor), Speed (<500, 501–2,000, 2,001–10,000, >10,000 RPM), End-user (Consumer Electronics, Automotive, Manufacturing, Medical Devices) and Region - Global Forecast to 2028"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/brushless-dc-motor-market-23539809.html

The increasing adoption of Brushless DC motors is driven by their precise speed control, low maintenance requirements, and high efficiency. Brushless DC motors offer enhanced reliability, reduced electromagnetic interference, and compact designs, making them essential in applications where these attributes are critical, such as in medical devices, aerospace, and automation equipment.

Inner Rotor, by type, are expected to grow by the largest segment during the forecast period.

Based on type, the Brushless DC Motor market has been segmented into inner rotor and outer rotor. Inner rotor brushless DC motor are in high demand across a wide range of sectors due to its compact design, higher power density, and superior efficiency. Inner rotor motors offer faster response times and better heat dissipation, making them ideal for applications where space and weight are critical factors. Additionally, the inner rotor design allows for a direct connection to the load, enhancing overall system efficiency and performance, which contributes to its dominant market share.

The end user segment consumer electronics segment is expected to grow at the second fastest CAGR 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. Others include HVAC, agricultural, solar pumps, and aerospace & defence applications. The consumer electronics segment is expected to be the second fastest-growing segment during the forecast period due to the increasing demand for energy-efficient and compact solutions in devices like smartphones, laptops, and household appliances. Brushless DC motors offer precise control, longer lifespan, and reduced noise, making them well-suited for applications in consumer electronics. As technology evolves and consumers prioritize high-performance and energy-efficient gadgets, the demand for brushless DC motors in this segment continues to surge, contributing to its rapid growth.

North America is expected to be the second largest region in the Brushless DC Motor market.

North America is expected to be the second-largest Brushless DC Motor market during the forecast period. The North America region has been subdivided into three key countries: US, Canada and Mexico. The region's emphasis on automation in industries, such as manufacturing and healthcare, is driving the demand for efficient and reliable brushless DC motors. Additionally, the rising awareness of environmental sustainability has fueled the growth of electric vehicles, further boosting the demand for these motors. Favorable government initiatives and investments in renewable energy projects are also contributing to the region's prominence in the brushless DC motor market.

Key Players

Some of the major players in the Brushless DC Motor market are Ametek Inc. (US), Allied Motion, Inc. (US), NIDEC Corporation (Japan), MinebeaMitsumi Inc. (Japan), and Johnson Electric Holdings Limited (China). The major strategies adopted by these players include sales contracts, product launches, investments, collaborations, partnerships, and expansions.

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Brushless DC Motor Market Size,  Share & Growth Report
Report Code
EP 4900
PR Published ON
1/8/2024
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