An Increasing production of automobiles, rising demand for HVAC systems, and preference for energy efficient system will drive the brushless DC motors in the coming future.
The growth of the brushless DC motors Market can be attributed to the Increased Usage of Brushless DC Motors Across Major Industries, Continued Growth in Automobile Production, Increasing Demand for HVAC Applications, Transition Towards Energy-Efficient Motors and High Maintenance Cost for Brushed DC Motors.
In the coming years, the market is expected to witness the highest growth rate in the Asia-Pacific region. The high growth in the region can be attributed to the growth in increasing demand for consumer electronics and automotive product in China, India, Taiwan, South Korea, and Japan. The North American market is projected to grow at the second-highest CAGR due to increasing demand for highly sophisticated medical devices. Growing economies, such as China, India, and Taiwan are the most promising markets for brushless DC motors.
The research study of brushless DC motors further segmented into type, speed and end-user
Type is classified into inner rotor and outer rotor brushless DC motor. The nner rotor brushless DC motors are widely used in applications where faster acceleration and deceleration of speed and position, high starting torque, and reversible action is required. Due to these reasons, inner rotor brushless DC motor segment is projected to dominate the brushless DC motor market.
Speed is classified into <500 RPM, 501 – 2000 RPM, 2001 – 10000 RPM, >10000 RPM. The 2001 – 10000 RPM segment accounted for the largest market share in 2015 and is expected to grow at the highest CAGR during the forecast period. Increasing demand for highly reliable, quite, highly energy efficient, and compact equipment in medical devices segment is expected to propel the demand of 2001 – 10000 RPM segment brushless DC motors during the forecast period.
End-user is classified into manufacturing, medical devices, automotive, consumer electronics, and others. Manufacturing segment accounted for largest market share in 2015, due increased demand for automation in chemicals, paper & pulp, marine, automotive, food processing, semiconductors, electronics manufacturing, and aerospace industries. Consumer electronics segment is expected to grow at the fastest rate during the forecast period, owing to increasing demand for compact and energy efficient product for digital storage, HVAC, and home appliance such as vacuum cleaner and fans. This segment is expected to create new revenue pockets for the brushless DC motors market during the forecast period.
Huge Market Potential for Electric Vehicles in Emerging Countries and Growing Robotics Technology are expected to create new opportunities for brushless DC motors.
Johnson Electric (China), Ametek (U.S.), Nidec Corporation (Japan), Minebea (France), Allied Motion Technologies Inc. (U.S.), and Maxon Motor AG (Switzerland)
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