The global brushless DC motors market was estimated to be around USD 18.7 billion in 2020 and is expected to experience a CAGR of 8.7% from 2020 to 2025. A brushless DC electric motor is a synchronous motor running on one load DC through a power supply. It produces an alternating current that drives the respective phase of the motor through a closed-loop controller. It is also known as a commutated motor. The brushless motor system is the same as the permanent magnet synchronous motor (PMSM). It has a controller, which sends current pulses to the motor windings to control torque and speed. The global automotive industry is transitioning to electric mobility with significant changes in electric vehicle technology. Advances in battery technologies to reduce battery costs and improve their charging speed, as well as increased government support in the form of tax cuts and incentives to promote environmentally-friendly electric vehicles that use DC motors without brushes will provide opportunities for the growth of the global brushless DC motor market.
In November 2019, Allied Motion published about its KinetiMaxTM High Power Density (HPD) motor series. These new outer rotor brushless motors are designed for high torque, low gear applications such as robotics, AGVs and hand power tools.
In July 2018, Dunkermotoren, a division of AMETEK Advanced Motion Solutions, introduced its new BG 65/BG 66 dMove servomotors as the next addition to their BG 65 (S) servomotors that comprises of fully integrated motor electronics.
Heating, ventilation, and air conditioning (HVAC) systems provide thermal comfort and maintain indoor air quality. They are one of the essential components of modern infrastructure, especially for large office buildings or shopping centers. DC electric motors are widely used in HVAC systems to achieve high efficiency in air circulation systems and maximize their service life and power. The demand for HVAC systems is increasing in the APAC region, especially in China and India due to the continued growth of their industrial and commercial sectors. The deployment of smart technologies, such as the use of smartphone applications, helps users control lighting, ventilation and other systems from one point of control. All of these factors fuel the use of brushless DC motors in HVAC applications. The expansion of commercial spaces, the development of new offices, business centers, residential buildings and organized outlets, and the increase in income levels of the middle-class population of East Asian countries. The Southeast and the Middle East make HVAC equipment highly accessible to a large number of consumers. The gradual growth of the housing industry in the United States and Western Europe is also expected to drive demand for HVAC equipment, such as vacuum contactors. Therefore, this increased demand for HVAC systems is expected to generate increased revenue for brushless DC motors, driving worldwide business growth.
Restraints:
Brushless DC motors are more expensive than other types of motors because they require electrical drivers to keep them running smoothly. These motors were designed for use in applications where they must replace inexpensive brushed DC motors.
REPORT COVERAGE:
|
REPORT METRIC |
DETAILS |
|
Market Size Available |
2019 – 2025 |
|
Base Year |
2019 |
|
Forecast Period |
2020 - 2025 |
|
CAGR |
8.07% |
|
Segments Covered |
By Product, Type, Consumption, Distribution Channel and Region |
|
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
|
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
|
Market Leaders Profiled |
AMETEK (US), Allied Motion (US), Nidec Corporation (Japan), Johnson Electric (China), and MinebeaMitsumi (Japan) are the leading players in the brushless DC motor market. Maxon Motor (Switzerland), Regal Beloit Corporation (US), Oriental Motor (Japan), Portescap (US), and ElectroCraft (US) |
Based on type, the inner rotor segment is supposed to be the largest contributor to the brushless DC motor market during the foreseen period. In internal rotor type motors, the rotors are placed in the centre of the motors and are surrounded by a stator winding to prevent thermal insulation from entering, and as such, heat is easily dissipated. This leads to the production of a large amount of torque by inner rotor brushless DC motors.
Based on end-user, the consumer electronics segment is expected to experience the fastest growth during the outlook period. With the advent of Industry 4.0, global industrial manufacturing has undergone significant changes. Data digitization, machine automation, and connectivity between manufacturing plant assets are driving the evolution of technology infrastructure. Increasing competition in the consumer electronics industry is prompting companies to adopt innovative technologies and analytics to ensure optimal use of their resources.
Based on speed, the 2001-10,000 rpm segment is likely to be the largest contributor during the projection period. Brushless DC motors with speeds ranging from 2000 RPM to 10,000 RPM are widely used in medical equipment such as diaphragm pumps for gas analysers, dental instruments, pumps, anaesthesia ventilators, and respiratory system pumps. They are also used in industrial applications such as laser scanning instruments, industrial laser barcode readers, CNC machine spindle rotors, and industrial automation actuators.
The Asia Pacific market is expected to record the highest CAGR of 8% during the forecast period. This growth can be attributed to higher spending on infrastructure development and manufacturing facilities. Increasing industrialization in the developing economies of China, India and Indonesia is expected to fuel their regional demand by 2025. Additionally, Latin America, the Middle East and Africa are estimated to witness significant growth during the prediction period due to changes in the regulatory scenario and increased awareness about the use of sustainable and environmentally friendly products. Also, the pressing need to increase power generation capabilities to efficiently meet the demands of the growing population has driven the adoption of brushless DC motors in many applications in the Middle East. The untapped potential of downstream activities in developing countries, including Kuwait, the United Arab Emirates and Qatar, offers new growth avenues for the market during the envisioned period. The regional markets of North America and Europe captured more than 35% of the overall market share in 2020.
Competitive Landscape:
Mostly all players in the brushless DC motor market have adopted product launches as a key development strategy to expand their product portfolio. For example, in January 2018, Oriental Motor USA Corp. introduced the BLE2 400W Series Brushless DC Motors and Drivers. The series includes high-efficiency and high-power brushless DC motors. It is associated with a pilot assembly and digitally controlled via a front panel or external DC voltage.
Key Players:
AMETEK (US), Allied Motion (US), Nidec Corporation (Japan), Johnson Electric (China), and MinebeaMitsumi (Japan) are the leading players in the brushless DC motor market. Maxon Motor (Switzerland), Regal Beloit Corporation (US), Oriental Motor (Japan), Portescap (US), and ElectroCraft (US) are other players operating in the market are the leading players in the global brushless DC motor market.
The coronavirus pandemic has had a negative impact on the global manufacturing industry and has caused the closure of industrial production units in various industries in recent months. The drop in demand for industrial equipment caused by supply chain disruptions due to lockdowns imposed in different countries to mitigate the spread of the virus is expected to have a negative impact on the growth of the brushless DC motor market. Investments for the launch of new products are also expected to decline during the COVID-19 pandemic.
1. Introduction
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.1.1 Drivers
4.1.2 Restaints
4.1.3 Opportunities
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.2 Products/Service
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Brushless DC Motor Market, By Type
6.1.1 Inner Rotor
6.1.2 Outer Rotor
6.1.3 Market Size Estimations & Forecasts (2019-2024)
6.1.4 Y-o-Y Growth Rate Analysis
6.1.5 Market Attractiveness Index
6.2 Brushless DC Motor Market, By End-User
6.2.1 Consumer Electronics
6.2.2 Automotive
6.2.3 Manufacturing
6.2.4 Medical Devices
6.2.5 Market Size Estimations & Forecasts (2019-2024)
6.2.6 Y-o-Y Growth Rate Analysis
6.2.7 Market Attractiveness Index
6.3 Brushless DC Motor Market, By Speed
6.3.1 <500 RPM
6.3.2 501-2000 RPM
6.3.3 2001-10000 RPM
6.3.4 >10000 RPM
6.3.5 Market Size Estimations & Forecasts (2019-2024)
6.3.6 Y-o-Y Growth Rate Analysis
6.3.7 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 North America - Market Analysis (2018 - 2024)
7.2.1 By Country
7.2.1.1 USA
7.2.1.2 Canada
7.2.2 By Type
7.2.3 By End-User
7.2.4 By Speed
7.3 Europe
7.3.1 By Country
7.3.1.1 UK
7.3.1.2 France
7.3.1.3 Germany
7.3.1.4 Spain
7.3.1.5 Italy
7.3.1.6 Rest of Europe
7.3.2 By Type
7.3.3 By End-User
7.3.4 By Speed
7.4 Asia Pacific
7.4.1 By Country
7.4.1.1 China
7.4.1.2 India
7.4.1.3 Japan
7.4.1.4 South Korea
7.4.1.5 South East Asia
7.4.1.6 Australia & NZ
7.4.1.7 Rest of Asia-Pacific
7.4.2 By Type
7.4.3 By End-User
7.4.4 By Speed
7.5 Latin America
7.5.1 By Country
7.5.1.1 Brazil
7.5.1.2 Argentina
7.5.1.3 Mexico
7.5.1.4 Rest of Latin America
7.5.2 By Type
7.5.3 By End-User
7.5.4 By Speed
7.6 Middle East and Africa
7.6.1 By Country
7.6.1.1 Middle East
7.6.1.2 Africa
7.6.2 By Type
7.6.3 By End-User
7.6.4 By Speed
8. Key Player Analysis
8.1 AMETEK
8.1.1 Business Description
8.1.2 Products/Service
8.1.3 Financials
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Allied Motion
8.3 Nidec Corporation
8.4 Johnson Electric
8.5 MinebeaMitsumi
8.6 Maxon Motor
8.7 Regal Beloit Corporation
8.8 Oriental Motor
8.9 Portescap
8.10 ElectroCraft
9. Market Outlook & Investment Opportunities
Appendix
List of Tables
List of Figures
