Global brushless DC motor market was valued at USD 17.1 million in 2020. It is projected to grow at a compound annual rate (CAGR of 5.7%) between 2021 and 2028. 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 sun-roof actuators. These motors can withstand high temperatures and require little maintenance. They also operate at low temperatures without sparking.
Sensor-less control for BLDC types is expected to increase the durability and reliability of products. 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 (EV), industry globally. Motors with BLDC motors are in high demand due to the increasing popularity of features such as 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. A growing demand for features such as motorized seats and wipers, doors, adjustable reflectors and massage seats is driving their popularity, particularly BLDC motors.
The rising adoption of EVs is helping to alleviate problems such as oil dependence, global warming, pollution, and other environmental issues. Several countries have implemented policies to encourage and support 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.
The motor vehicle segment was the dominant market share in terms of revenue with 27.6% of the total market in 2020. This segment is expected to grow at a CAGR exceeding 6% between 2021 and 2028. 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 2020. It is expected that it will register the fastest CAGR between 2021 and 2028.
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 2028. In 2020, the industrial machinery segment accounted for a significant revenue share and is expected to continue growing steadily between 2021 and 2028.
This is due to the increased use of these 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.
The 0-750 watts market dominated in terms of revenue with a 47.6% share in 2020. These products are used in many applications such as fans and pumps, compressors, domestic appliances, motors for heating, machines, pumps, and power tools. High-efficiency BLDC motors have been gaining popularity due to their longer operating life, lower maintenance and low energy consumption. They also tolerate fluctuating voltages better. Product demand is increasing due to the rising demand for fractional-power BLDC motors for machinery from India and China's agriculture sector.
From 2021 to 2028, 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 the same power output rating. 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.
Asia Pacific held a dominant position in the global market, with 48% of the total market share in 2020. 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 of 2021-2028. From 2021 to 2028, Latin America, the Middle East, and Africa will also experience significant growth. This can be attributed to changes in 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. There are new growth opportunities for the market between 2021 and 2028 due to the untapped potential of downstream activities in countries like Qatar, UAE, Kuwait, and Qatar. North America and Europe combined accounted for 37% of the total market share in 2020. These regions have seen a rise in the adoption of motorized cars.
The market is fragmented, with top players accounting for 30% of overall revenue. These top players are focused on merging and acquisitions in order to diversify and expand their product lines. Companies also offer retrofitting services for existing products. These companies are competitive based on product pricing, certification and compliance from multiple organizations. The following companies are key players in the global brushless DC motor market:
ABB Ltd.
Ametek, Inc.
Johnson Electric
Allied Motion Technologies, Inc.
Baldor Electric Company, Inc.
Johnson Electric
North American Electric, Inc.
Schneider Electric
Regal Beloit Corp.
Up Market Research published a new report titled “Brushless DC Motor Market research report which is segmented by End-use (Motor Vehicles, Industrial Machinery), by Power Output (Above 75 kW, 0-750 Watts), By Players/Companies Inc; Baldor Electric Company Inc; Johnson Electric; North American Electric, Inc; Schneider Electric; and Regal Beloit Corporation, ABB Ltd; Ametek Inc; Johnson Electric; Nidec Motor Corporation; Allied Motion Technologies”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Attributes | Report Details |
Report Title | Brushless DC Motor Market Research Report |
By End-use | Motor Vehicles, Industrial Machinery |
By Power Output | Above 75 kW, 0-750 Watts |
By Companies | Inc; Baldor Electric Company Inc; Johnson Electric; North American Electric, Inc; Schneider Electric; and Regal Beloit Corporation, ABB Ltd; Ametek Inc; Johnson Electric; Nidec Motor Corporation; Allied Motion Technologies |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 212 |
Number of Tables & Figures | 149 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by End-use (Motor Vehicles, Industrial Machinery), by Power Output (Above 75 kW, 0-750 Watts).
Brushless DC Motor Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Brushless DC Motor Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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