Global Brushless DC Motor Market By Power Output (Above 75 kW, 3 kW - 75 kW, 750 Watts to 3 kW and 0 - 750 Watts), By End-Use (Motor Vehicles, Industrial Machinery, Household Appliances, Aerospace & Transportation, and HVAC Equipment), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2023-2032
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Brushless DC Motor Market Overview:
The global brushless DC motor market accounted for USD 21,512 million in 2021. It is projected to grow at a CAGR of 7.77% between 2023 to 2032.
Over the forecast period, the market will grow due to the ability of Brushless DC motors (BLDC) to reduce energy consumption and improve the efficiency of the equipment they are used. These motors are efficient and reliable at the same, making them economical for most applications such as sunroof actuators, air conditioners, window lifters, and air conditioners. These motors can withstand high temperatures and require little maintenance. They also operate at low temperatures without sparking.
Global Brushless DC Motor Market Scope:
Power Output Analysis
The 0-750 watts market dominated in terms of revenue with a 48% share in 2021. These products are used in many applications such as fans and pumps, compressors, domestic appliances, motors for heating, machines, pumps, compressors, power tools, robots, and HVAC applications. High-efficiency BLDC motors have been gaining popularity due to their long operating life, low maintenance, energy consumption, and a higher tolerance for fluctuations in voltages. The growing need for fractional-power BLDC motors for agricultural machinery coming from China and India is driving up product demand.
From 2023 to 2032, the segment above 75kW is expected to see significant growth. This is due to the fact that these motors have higher efficiency and reliability than traditional DC motors of identical power output ratings. These BLDC motors can be used in a wide range of industrial applications such as drilling, milling, and grinding. They are also used in industrial machinery such as CNC machines. The market will be driven by increasing consumer awareness and government policies regarding energy conservation.End-use Analysis
The motor vehicle segment was the dominant market share in terms of revenue with 28.1% of the total market in 2021. This segment is expected to grow at a CAGR exceeding 7.8% between 2023 to 2032. Motors are used in many applications by the automobile industry. The absence of brushes, which results in less friction, makes brushless DC motors preferable to conventional powertrains.
The BLDC motor will last longer due to less friction. These motors can be used in many applications in motorized vehicles. This segment can be further sub-segmented to safety, comfort, or performance. The highest share was obtained by the comfort segment in 2021. It is expected that it will register the fastest CAGR between 2023 to 2032. Comfort motors are used primarily in air conditioning, HVAC, sun-roof actuators, and mirror adjusters. For each of these applications, multiple powertrains are needed. These will drive vehicle demand by 2032. In 2021, the industrial machinery segment accounted for a significant revenue share and is expected to continue growing steadily between 2023 to 2032. This is due to the increased use of this equipment in complex industrial applications such as extruders, feeder drives, and robotics. Technological advancements have also led to increased efficiency in these motors. This is expected to further drive the market during the forecast period.
Кеу Маrkеt Ѕеgmеntѕ:
By Power Output
- Above 75 kW
- 3 kW - 75 kW
- 750 Watts to 3 kW
- 0 - 750 Watts
By End-Use
- Motor Vehicles
- Industrial Machinery
- Household Appliances
- Aerospace & Transportation
- HVAC Equipment
- Other End-Uses
Market Dynamics:
Sensor-less control for BLDC types is expected to increase the product's durability and reliability. This will reduce the number of electrical connections and mechanical misalignments as well as the overall weight and size. These factors are expected to drive market growth. The market is also driven by increasing activity in the EV industry globally. Motors with BLDC motors are in high demand due to the increasing prevalence of traits like sunroofs, adjustable mirrors, and motorized seats.
This market is experiencing tremendous growth. This is due to an increase in automobile production and the use of BLDC motors in cars. Vehicle motors are used in chassis, powertrain systems, and safety fittings. The rising prevalence of traits such as auto-dimming seats, doors, wipers, adjustable mirrors, and massage seats is driving their demand, particularly BLDC motors.
The rising adoption of EVs is helping to alleviate problems such as oil dependence, global warming, pollution, and other environmental issues. Various governments have implemented policies to encourage and promote EV production and adoption. They have many advantages, including lower rotor heat, higher peak efficiency, and greater reliability. This will lead to increased adoption of hybrid vehicles in the future. BLDC motors are preferred by electric car manufacturers because they offer low maintenance, higher efficiency, and high operating speeds.
Regional Analysis:
The Asia Pacific held a dominant position in the global market, with 49% of the total market share in 2021. Due to improvements in agriculture and increased investments in industrialization in countries like Australia, South Korea, and India, the regional market will expand at a faster CAGR from 2023-2032. From 2023 to 2032, Latin America, the Middle East, and Africa will also experience significant growth. This can be attributed to changes in the regulatory environment and growing awareness regarding the use of sustainable and eco-friendly products.
These motors are being adopted in many applications across the Middle East because of the growing need to improve power-generation capacity to meet rising population demands. Due to the untapped potential of downstream operations in nations like Qatar, the UAE, Kuwait, and Qatar, there are new growth prospects for the industry between 2023 and 2032. In 2021, North America and Europe collectively held 38.23% of the market share. The use of motorized vehicles has increased in certain areas.
Key Regions and Countries covered іn thе rероrt:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Russia
- Spain
- Rest of Europe
- APAC
- China
- Japan
- South Korea
- India
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- MEA
- GCC
- South Africa
- Israel
- Rest of MEA
Market Share & Key Players Analysis:
The market is fragmented, with top players accounting for 31.3% of overall revenue. These top players are focused on merging and acquisitions in order to diversify and expand their product lines. Companies also offer to retrofit services for existing products. Key companies compete on product pricing, certification, compliance, and other factors.
Маrkеt Кеу Рlауеrѕ:
- ABB Ltd.
- Johnson Electric
- Ametek, Inc.
- Baldor Electric Company, Inc.
- North American Electric, Inc.
- Allied Motion Technologies, Inc.
- Johnson Electric
- Schneider Electric
- Regal Beloit Corp.
- Other Key Players
For the Brushless DC Motors Market research study, the following years have been considered to estimate the market size:
Particular Scope Region - North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Historic Year 2016 to 2020 Base Year 2021 Estimated Year 2022 Forecast Year 2023 to 2032 Frequently Asked Questions (FAQ)
Q: What is the size of the Brushless DC Motor market in 2021?
Q: What is the projected CAGR at which the Brushless DC Motor market is expected to grow at?
Q: List the segments encompassed in this report on the Brushless DC Motor market?
Q: List the key industry players of the Brushless DC Motor market?
Q: Which region is more appealing for vendors employed in the Brushless DC Motor market?
Q: Name the key areas of business for Brushless DC Motor?
Q: Which segment accounts for the greatest market share in the Brushless DC Motor industry?
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- ABB Ltd.
- Johnson Electric
- Ametek, Inc.
- Baldor Electric Company, Inc.
- North American Electric, Inc.
- Allied Motion Technologies, Inc.
- Schneider Electric SE. Company Profile
- Regal Beloit Corp.
- Other Key Players
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