HOME Research Insight Allied Motion Technologies Inc. (U.S.), and Maxon Motor AG (Switzerland). are Leading Players in the Brushless DC Motors Market

Allied Motion Technologies Inc. (U.S.), and Maxon Motor AG (Switzerland). are Leading Players in the Brushless DC Motors Market

The global brushless DC motor market is projected to grow at a CAGR of 9.4% from 2016 to 2021. Asia-Pacific is estimated to be the largest market for brushless DC motors, followed by North America. This trend is expected to continue till 2021. The growth of the brushless DC motor market is driven by increased usage of brushless DC motors across major industries such as- chemicals, paper & pulp, marine, automotive, food processing, semiconductors, electronics manufacturing, and aerospace.

The brushless DC motor market is dominated by a few global players. Key players operating in the market include Johnson Electric (China), Ametek (U.S.), Nidec Corporation (Japan), Minebea (France), Allied Motion Technologies Inc. (U.S.), and Maxon Motor AG (Switzerland).

Major strategies adopted by players in the brushless DC motor market include new product launch and expansion. New product launch was the most commonly adopted strategy from 2013 to 2016. Industry players also adopted expansion, which was the second most widely followed strategy from 2013 to 2016.

Minebea is a diversified company which offers machined components and electronic devices & components. The company conducts its business through three business segments, namely, electronic devices & components, machined components, and others. Minebea offers brushless DC motor under the electronic devices & components business segment along with fan motors, blower motors, stepper motors, brush motors, polygon mirror scanner motors, and HDD spindle motors. Minebea has adopted contracts & agreements as its key growth strategy. In January 2016, Minebea (Japan) signed a management integration and share exchange agreement with Mitsumi Electric (Japan); by this agreement both companies will offer manufacturing support, sales support, and technology support to each other. Also, in August 2013, Minebea opened new subsidiary, NMB-Minebea India in Haryana, India. The company is planning to tap the growth potential sector such as automotive, medical, aerospace, and textile.

Nidec Corporation is one of the leading manufacturers of small precision motors for optical disk drive polygon scanner, fan for CPUs, and automobile, home appliances. The company also provides large motors for machinery, commercial and industrial motor, and electronic and optical applications. The company operates through five major business segments that include automotive and appliances and commercial and industrial product, small precision motor, machinery, electronic, and optical components, and others businesses segment.

The company adopted expansion as its key strategy in order to enhance its regional presence. In June 2014, Nidec India Private Limited, a subsidiary of Nidec Corporation announced the plan to construct the manufacturing facility in Rajasthan, India. Also, the company has adopted strategy of new product launch to strengthen product portfolio of brushless DC motors. In February 2016, the company launched the IE4 (high energy efficient) rated brushless DC motor of power range 3-10 hp. The new launched motor is first brushless DC motor to get IE4 ratings.

Related Reports:

Brushless DC Motors Market by Type (Inner Rotor, and Outer Rotor), Speed (<500 RPM, 501 2000 RPM, 2001 10000 RPM, >10000 RPM), End User (Manufacturing, Medical Devices, Automotive, Consumer Electronics, Others), and Region - Global Forecasts to 2021

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