The market for brushless DC motor is expected to grow at a CAGR of around 9.9% from 2020 to 2027 and expected to reach the market value of around US$ 24.2 Bn by 2027.
Brushless DC Motors or BLDC motors convert electrical energy into mechanical energy and features high efficiency and excellent controllability, along with a wide range of applications across various industry verticals. These DC motor does not have brushes as in turn controller provides pulses of current to the motor windings which control the speed and torque of the synchronous motor. These are highly efficient in producing a large amount of torque over a vast speed range including less than 500 RPM, 501 - 2,000 RPM, 2,001 - 10,000 RPM, and more than 10,000 RPM.
Market Dynamics
The increasing demand for heating, ventilation, and air conditioning (HVAC) systems across the globe and especially among the rapidly developing economies is driving the market growth. The low maintenance cost of brushless DC motors is supporting the growing market value. The surging adoption of energy-efficient brushless DC motors across the globe is further bolstering the market value. Furthermore, the transition of the global automotive industry toward electric vehicles due to increasing environmental concerns and awareness among people about the benefits of using an electric vehicle is projected to create potential opportunities over the forecast period from 2020 to 2027.
On the other side, high costs of brushless DC motors and the requirement of controllers in them and in contrast easy availability of low-quality and inexpensive brushless DC motors are likely to hinder the growth to an extent over the forecast period from 2020 to 2027.
Segment Instance of Global Brushless DC Motor Market
Inner Rotor accounted for the maximum revenue share in the global brushless DC motor market
In 2019, Inner rotor segment dominated the market with maximum revenue share and the segment is also projected to maintain its dominance over the forecast period from 2020 to 2027. The increasing use of these types of motor in industrial robots due to rising trends toward automation and technical improvements in industrial robots is contributing to the segmental market value.
Asia Pacific accounted for the maximum revenue share in the global market
In 2019, Asia Pacific dominated the market brushless DC motor market and the region is also projected to maintain its dominance throughout the forecast period with the maximum CAGR (%) during the estimated timeframe. The major economies of the region are the maximum revenue contributors in terms of revenue (US$ Mn) as well as volume. The rapid technological advancement across the industry verticals along with the increasing economic power is supporting the regional market value. Additionally, the boosting demand for electric vehicles is another factor boosting the market value.
Europe follows Asia Pacific in the Brushless DC Motor Market
Asia Pacific is followed by Europe in the brushless DC motor market and the region is also projected to maintain its position over the forecast period from 2020 to 2027. The increasing number of electric vehicle market players in the region along with the aware population focused on the usage of environment-friendly vehicles is contributing to the regional market value. The major economies of the region including the UK and Germany are the major revenue contributors.
Key Market Player
The players profiled in the report include ABB Ltd., Allied Motion Technologies Inc., Ametek, Inc., Arc Systems Inc., Baldor Electric Company, Inc., Bühler Motor GmbH, Faulhaber, Johnson Electric Holdings Limited, Maxon motors AG, MinebeaMitsumi Inc., Nidec Corporation, North American Electric, Inc., Oriental Motor Co. Ltd., Regal Beloit Corp., Schneider Electric, and others
Market Segmentation
Market By Type
Inner Rotor
Outer Rotor
Market By End-User
Industrial Machinery
Motor Vehicles
HVAC Equipment
Aerospace & Transportation
Household Appliances
Healthcare
Others
Market By Geography
North America
• U.S.
• Canada
Europe
• U.K.
• Germany
• France
• Spain
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia-Pacific
Latin America
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa
• GCC
• South Africa
• Rest of Middle East & Africa
CHAPTER 1. Industry Overview of Brushless DC Motor
1.1. Definition and Scope
1.1.1. Definition of Brushless DC Motor
1.1.2. Market Segmentation
1.1.3. Years Considered for the Study
1.1.4. Assumptions and Acronyms Used
1.1.4.1. Market Assumptions and Market Forecast
1.1.4.2. Acronyms Used in Global Brushless DC Motor Market
1.2. Summary
1.2.1. Executive Summary
1.2.2. Brushless DC Motor Market By Type
1.2.3. Brushless DC Motor Market By End-User
1.2.4. Brushless DC Motor Market by Regions
CHAPTER 2. Research Approach
2.1. Methodology
2.1.1. Research Programs
2.1.2. Market Size Estimation
2.1.3. Market Breakdown and Data Triangulation
2.2. Data Source
2.2.1. Secondary Sources
2.2.2. Primary Sources
CHAPTER 3. Market Dynamics And Competition Analysis
3.1. Market Drivers
3.1.1. Driver 1
3.1.2. Driver 2
3.2. Restraints and Challenges
3.2.1. Restrain 1
3.2.2. Restrain 2
3.3. Growth Opportunities
3.3.1. Opportunity 1
3.3.2. Opportunity 2
3.4. Porter’s Five Forces Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of Substitute
3.4.4. Threat of New Entrants
3.4.5. Degree of Competition
3.5. Market Concentration Ratio and Market Maturity Analysis of Brushless DC Motor Market
3.5.1. Go To Market Strategy
3.5.1.1. Introduction
3.5.1.2. Growth
3.5.1.3. Maturity
3.5.1.4. Saturation
3.5.1.5. Possible Development
3.6. Technological Roadmap for Brushless DC Motor Market
3.7. Value Chain Analysis
3.7.1. List of Key Manufacturers
3.7.2. List of Customers
3.7.3. Level of Integration
3.8. Cost Structure Analysis
3.8.1. Price Trend of Key Raw Materials
3.8.2. Raw Material Suppliers
3.8.3. Proportion of Manufacturing Cost Structure
3.8.3.1. Raw Material
3.8.3.2. Labor Cost
3.8.3.3. Manufacturing Expense
3.9. Regulatory Compliance
3.10. Competitive Landscape, 2019
3.10.1. Player Positioning Analysis
3.10.2. Key Strategies Adopted By Leading Players
CHAPTER 4. Manufacturing Plant Analysis
4.1. Manufacturing Plant Location and Establish Date of Major Manufacturers in 2019
4.2. R&D Status and Application Source of Brushless DC Motor Major Manufacturers in 2019
CHAPTER 5. Brushless DC Motor Market By Type
5.1. Introduction
5.2. Brushless DC Motor Revenue By Type
5.2.1. Brushless DC Motor Revenue (US$ Mn) and Forecast, By Type, 2016-2027
5.2.2. Inner Rotor
5.2.2.1. Inner Rotor Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.3. Outer Rotor
5.2.3.1. Outer Rotor Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 6. Brushless DC Motor Market Revenue By End-User
6.1. Introduction
6.2. Brushless DC Motor Revenue (US$ Mn) By End-User
6.2.1. Brushless DC Motor Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
6.2.2. Industrial Machinery
6.2.2.1. Industrial Machinery Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.3. Motor Vehicles
6.2.3.1. Motor Vehicles Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.4. HVAC Equipment
6.2.4.1. HVAC Equipment Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.5. Aerospace & Transportation
6.2.5.1. Aerospace & Transportation Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.6. Household Appliances
6.2.6.1. Household Appliances Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.7. Healthcare
6.2.7.1. Healthcare Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.8. Others
6.2.8.1. Others Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 7. North America Brushless DC Motor Market By Country
7.1. North America Brushless DC Motor Overview
7.2. U.S.
7.2.1. U.S. Brushless DC Motor Market Revenue (US$ Mn) and Forecast By Type, 2016-2027
7.2.2. U.S. Brushless DC Motor Market Revenue (US$ Mn) and Forecast By End-User, 2016-2027
7.3. Canada
7.3.1. Canada Brushless DC Motor Market Revenue (US$ Mn) and Forecast By Type, 2016-2027
7.3.2. Canada Brushless DC Motor Market Revenue (US$ Mn) and Forecast By End-User, 2016-2027
7.4. North America PEST Analysis
CHAPTER 8. Europe Brushless DC Motor Market By Country
8.1. Europe Brushless DC Motor Market Overview
8.2. U.K.
8.2.1. U.K. Brushless DC Motor Market Revenue (US$ Mn) and Forecast By Type, 2016-2027
8.2.2. U.K. Brushless DC Motor Market Revenue (US$ Mn) and Forecast By End-User, 2016-2027
8.3. Germany
8.3.1. Germany Brushless DC Motor Market Revenue (US$ Mn) and Forecast By Type, 2016-2027
8.3.2. Germany Brushless DC Motor Market Revenue (US$ Mn) and Forecast By End-User, 2016-2027
8.4. France
8.4.1. France Brushless DC Motor Market Revenue (US$ Mn) and Forecast By Type, 2016-2027
8.4.2. France Brushless DC Motor Market Revenue (US$ Mn) and Forecast By End-User, 2016-2027
8.5. Spain
8.5.1. Spain Brushless DC Motor Market Revenue (US$ Mn) and Forecast By Type, 2016-2027
8.5.2. Spain Brushless DC Motor Market Revenue (US$ Mn) and Forecast By End-User, 2016-2027
8.6. Rest of Europe
8.6.1. Rest of Europe Brushless DC Motor Market Revenue (US$ Mn) and Forecast By Type, 2016-2027
8.6.2. Rest of Europe Brushless DC Motor Market Revenue (US$ Mn) and Forecast By End-User, 2016-2027
8.7. Europe PEST Analysis
CHAPTER 9. Asia Pacific Brushless DC Motor Market By Country
9.1. Asia Pacific Brushless DC Motor Market Overview
9.2. China
9.2.1. China Brushless DC Motor Market Revenue (US$ Mn) and Forecast By Type, 2016 - 2027
9.2.2. China Brushless DC Motor Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
9.3. Japan
9.3.1. Japan Brushless DC Motor Market Revenue (US$ Mn) and Forecast By Type, 2016 - 2027
9.3.2. Japan Brushless DC Motor Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
9.4. India
9.4.1. India Brushless DC Motor Market Revenue (US$ Mn) and Forecast By Type, 2016 - 2027
9.4.2. India Brushless DC Motor Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
9.5. Australia
9.5.1. Australia Brushless DC Motor Market Revenue (US$ Mn) and Forecast By Type, 2016 - 2027
9.5.2. Australia Brushless DC Motor Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
9.6. South Korea
9.6.1. South Korea Brushless DC Motor Market Revenue (US$ Mn) and Forecast By Type, 2016 - 2027
9.6.2. South Korea Brushless DC Motor Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
9.7. Rest of Asia-Pacific
9.7.1. Rest of Asia-Pacific Brushless DC Motor Market Revenue (US$ Mn) and Forecast By Type, 2016 - 2027
9.7.2. Rest of Asia-Pacific Brushless DC Motor Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
9.8. Asia Pacific PEST Analysis
CHAPTER 10. Latin America Brushless DC Motor Market By Country
10.1. Latin America Brushless DC Motor Market Overview
10.2. Brazil
10.2.1. Brazil Brushless DC Motor Market Revenue (US$ Mn) and Forecast By Type, 2016 - 2027
10.2.2. Brazil Brushless DC Motor Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
10.3. Mexico
10.3.1. Mexico Brushless DC Motor Market Revenue (US$ Mn) and Forecast By Type, 2016 - 2027
10.3.2. Mexico Brushless DC Motor Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
10.4. Rest of Latin America
10.4.1. Rest of Latin America Brushless DC Motor Market Revenue (US$ Mn) and Forecast By Type, 2016 - 2027
10.4.2. Rest of Latin America Brushless DC Motor Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
10.5. Latin America PEST Analysis
CHAPTER 11. Middle East & Africa Brushless DC Motor Market By Country
11.1. Middle East & Africa Brushless DC Motor Market Overview
11.2. Saudi Arabia
11.2.1. Saudi Arabia Brushless DC Motor Market Revenue (US$ Mn) and Forecast By Type, 2016 - 2027
11.2.2. Saudi Arabia Brushless DC Motor Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
11.3. UAE
11.3.1. UAE Brushless DC Motor Market Revenue (US$ Mn) and Forecast By Type, 2016 - 2027
11.3.2. UAE Brushless DC Motor Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
11.4. Rest of Middle East & Africa
11.4.1. Rest of Middle East & Africa Brushless DC Motor Market Revenue (US$ Mn) and Forecast By Type, 2016 - 2027
11.4.2. Rest of Middle East & Africa Brushless DC Motor Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
11.5. Middle East & Africa PEST Analysis
CHAPTER 12. Player Analysis Of Brushless DC Motor
12.1. Brushless DC Motor Market Company Share Analysis
12.2. Competition Matrix
12.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment
12.2.2. New Product Launches and Product Enhancements
12.2.3. Mergers And Acquisition In Global Brushless DC Motor Market
12.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
CHAPTER 13. COMPANY PROFILE
13.1. ABB Ltd.
13.1.1. Company Snapshot
13.1.2. Business Overview
13.1.3. Financial Overview
13.1.3.1. Revenue (US$ Mn), 2019
13.1.3.2. ABB Ltd. 2019 Brushless DC Motor Business Regional Distribution
13.1.4. Product/ Service and Specification
13.1.5. Recent Developments & Business Strategy
13.1.6. Manufacturing Plant Footprint Analysis
13.2. Allied Motion Technologies Inc.
13.3. Ametek, Inc.
13.4. Arc Systems Inc.
13.5. Baldor Electric Company, Inc.
13.6. Bühler Motor GmbH
13.7. Faulhaber
13.8. Johnson Electric Holdings Limited
13.9. Maxon motors AG
13.10. MinebeaMitsumi Inc.
13.11. Nidec Corporation
13.12. North American Electric, Inc.
13.13. Oriental Motor Co. Ltd.
13.14. Regal Beloit Corp.
13.15. Schneider Electric
13.16. Others
