The global brushless dc motors market is set to reach US$ 17.29 BN by 2032, at an 8.21% CAGR between years 2023-2032. The Brushless DC Motors (BLDC) market dynamics denote a terrain that has been defined by stronger growth and technological developments. With more and more industries moving towards efficient motor solutions, the need for brushless DC motors grows.
One of the primary causes behind this upsurge is that BLDC motors have various inherent benefits, including higher efficiency than brushed motors with less maintenance requirements and better reliability. The automotive industry has contributed significantly towards the growth of BLDC market in recent times. The transition towards electric vehicles (EVs) has resulted in the need for more sophisticated motor technologies, and BLDC motors have become a leading preference because of their efficiency too small size.
In addition, stringent environmental laws, and the increase in awareness of sustainable practices have fueled further adoption by BLDC motors into this industry.
The industrial industry is another major player in the market dynamics of brushless DC motors. Industries like manufacturing, robotics and aerospace have seen the increased use of BLDC motors due to their greater control efficacy, high torque-weight ratio, and reliability.
Automation trends emerging from the fourth industrial revolution`s motor solutions are advanced, and BLDC motors have filled this need appropriately. The region of Asia-Pacific has become a leading market for brushless DC motors contributing significantly due to the growing rapid industrialization in countries like China and India. Not only is the region a manufacturing centre, its demand for consumer electronics and automotive products contributes to further increasing BLDC motors use.
Secondly, positive government measures that encourage green practices and electric mobility have also supported the market development in this region.
The technological environment for brushless DC motors is rapidly changing, while attempts are still being made to improve the efficiency and performance of said motors.
The integration of modern materials, sensor technologies and smart control systems have opened doors to changes in the design morphology and functionalities with BLDC motors. These innovations not only address the growing need for energy-saving solutions but also provide development opportunity in new markets.
Yet, problems continue to arise in the form of high start-up cost that accompanies brushless DC motors against traditional alternatives. Although this long-term downstream saving is characterized by low maintenance cost and power consumption, the initial investment may act as a barrier for some end users.
Report Attribute/Metric | Details |
---|---|
Segment Outlook | Type, Speed, End-Use, and Region |
Brushless DC Motor Market Size was valued at USD 13,703.23 Million in 2023. The Brushless DC Motor Market industry is projected to grow from USD 14,374.36 Million in 2024 to USD 22,261.66 Million by 2030, exhibiting a compound annual growth rate (CAGR) of 7.18% during the forecast period (2024 - 2030). The growth of the Global Brushless DC motor in the pump and spray dispensing products market is primarily driven by Increasing Demand BLDC moors in automotive sector. It is anticipated that as industrialization increases globally, energy-efficient motors and equipment automation will become increasingly crucial.
These components will therefore support the expansion of the brushless DC motor industry worldwide. Because brushless DC motors are more efficient than conventional motors, they use less energy and have lower running expenses. Consequently, the market for BLDC motors is expanding due to the rising need for energy-efficient motors across a range of sectors. Additionally, numerous governments across the globe have started focusing on bringing energy efficiency in the industrial sector to limit carbon emissions by considering environmental concerns.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Brushless DC Motor Market Trends
Growing R&D Activities and Innovations Across the Globe by Manufacturers
The brushless DC motor market is experiencing growth due to the growing need for high-performance, energy-efficient motor solutions in many industries, including manufacturing, robotics, and electric vehicles. To continue to fulfil consumer demand, manufacturers are constantly focusing on research and development to create innovative and efficient brushless DC motors. Manufacturers are being compelled by growing worries about environmental pollution and laws to create more efficient and vibration-free brushless DC motors. In exchange for the electrical power they consume, brushless DC (BLDC) motors with exceptional energy efficiency can provide a sizable amount of mechanical power.
I-R losses are the power loss mechanism for all other technologies. Since DC motors employ permanent magnets, they don't require the same amount of energy to create an electromagnet as in AC motors. Compared to DC motors, the efficiency of AC motors is reduced by the energy required to form the electromagnet. In addition, BLDC motors are thought to use less energy than brushed DC motors. This indicates that a BLDC motor will produce more mechanical power from electrical power for a given input power than a brushed motor, mostly because brushes don't produce friction.
Increasing Demand For BLDC in Automotive Industry
Brushless DC motors are in high demand in the automotive sector due to their high energy savings, low maintenance costs, and ease of control. The global market for brushless DC motors is growing due to increased demand for energy-efficient motors and lower maintenance needs. The automotive industry is using DC brushless motors more and more because of their straightforward construction, reliable performance, and excellent speed regulation capabilities.
Apart from serving as the fundamental element of car drive, the motor may also power air conditioners, wipers, electronic doors, airbags, electric seats, and other features. The development of the brushless DC motor-driven air conditioner compressor will lead to the development of a complete DC inverter that is more pleasant and energy-efficient. As a result, brushless DC motors will increasingly dominate the field of speed control technology and find application in all facets of vehicle motor drive, which will probably propel the industry.
Growth of the Robotics Industry
Brushless DC (BLDC) motors are capable of being used in robotics due to their high efficiency, high torque-to-weight ratio, and precise control capabilities. BLDC motors can be used to drive various gripper designs, such as parallel-jaw grippers, three-fingered grippers, and suction-cup grippers. Brushless DC motors (BLDC motors) are used in many robotics applications, including Quadcopters, Drones, Humanoid robots, Sensor less control, and others. Instead of large motors, humanoid robotic applications use micro drives that brushless DC motor manufacturers design to give robots human traits and avoid making them excessively heavy.
There are several benefits of using BLDC in robotics such as No need to worry about a brush’s life, no brush residue, Ease of maintenance, Low electrical noise, faster maximum speed, cleaner operation, Improved efficiency, better reliability, The ability to fit into compact spaces, The ability to run off batteries, Extended lifespan, and others.
Brushless DC Motor Market Segment Insights:
Brushless DC Motor Market by Type Insights
The Brushless DC Motor Market segmentation, based on Type has been segmented as Inner Rotor, Outer Rotor. Among these, the Inner Rotor segment is projected to dominate the Brushless DC Motor Market revenue through the projected period. The inner rotor brushless DC (BLDC) motor is a type of BLDC motor where the magnet is located inside the motor, acting as the rotor, while the winding is arranged outside as the stator. This structure is the reverse of that of conventional DC motors, where the rotor is on the outside and the stator is on the inside.
Brushless DC Motor Market by Speed Insights
Based on Speed, the Brushless DC Motor Market is segmented as Less than 500 RPM, 501-2000 RPM, 2001-10000 RPM, More than 10000 RPM. Out of which the 2001-10000 RPM segment dominated base year market and is also projected to dominate the Brushless DC Motor Market revenue through the projected period. 2001-10000 RPM brushless DC (BLDC) motor is a high-speed motor designed to provide rapid and precise motion. Operating within a speed range of 2001 to 10000 revolutions per minute, these motors offer a range of features and applications that make them well-suited for scenarios requiring fast and controlled movement.
Brushless DC Motor Market by End Use Insights
The Brushless DC Motor Market segmentation, based on End Use has been segmented as Automotive, Consumer Electronics, Manufacturing, Healthcare, Others. Among these, the Consumer Electronics segment is projected to dominate the Brushless DC Motor Market revenue through the projected period. BLDC motor find wide range of application in consumer electronics and household appliances such as refrigerators, washing machines, and vacuum cleaners. These motors offer energy-efficient operation, allowing appliances to run smoothly while minimizing power consumption and reducing utility costs.
Brushless DC Motor Market Regional Insights
Based on Region, the Brushless DC Motor Market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. The Asia-Pacific Brushless DC Motor Market held the maximum market share and is also expected to account for a significant revenue share during the forecast period. The demand for brushless DC motor in the Asia Pacific region is largely driven by the rapid expansion of the automotive industry in countries like China, Japan, South Korea, and India. According to Invest India, India is the 3rd largest automobile market globally with automotive sector accounting for 7.1% of the GDP of the country. Additionally, according to an economic survey in 2023, the domestic EV market of India will see a 49% compounded growth rate from 2022 to 2030 with an annual sales of 10 million by 2030.
Brushless DC Motor Market Key Market Players & Competitive Insights
Key market players are emphasizing significantly on R&D for increasing their product offerings, which will further help the Brushless DC Motor Market to grow considerably. Market players are adopting several business development strategies such as acquisitions, mergers, collaborations, and partnerships to enhance their market presence and acquire a larger customer base. To survive in the competitive market, industry players must provide cost effective products.
The Brushless DC Motor Market is very competitive with market players trying to develop unique and innovative products and solutions, which could render the competitors’ offerings obsolete. The competitive environment is likely to grow further owing to rising technological advancements. Some of the key players operating in the Brushless DC Motor Market are NIDEC CORPORATION, Johnson Electric Holdings Limited, Maxon, Portescap, Oriental Motor Co., Ltd., AMETEK, Inc., MinebeaMitsumi Group, Compage Automation Systems Pvt. Ltd., Balu Forge Industries Limited, Mabuchi Motor Co., Ltd. To increase their global reach and client base, key firms are concentrating on acquisitions and product innovation.
Nidec Corporation: Nidec Corporation is a Japanese manufacturer and distributor of electric motors and related components. The company specializes in motor application products and handles everything ranging from small precision motors to supersized motors and produces over 1 million brushless DC motors per day. It deals in various business segments including automotive components, home appliances & housing equipment, IoT products, robotics, medical & healthcare products, electronic parts and sensors, and industrial machinery among others. The company provides its wide range of brushless DC motors under its subsidiary Nidec Motor Corporation. It deals in wide range of motors including servo motors, brushless AC permanent magnet motors, brushless DC motors, stepper motors, PMDC brushed motors, PMDC brushed gearmotors, brushless DC gearmotors, and AC parallel shaft gearmotors among others.
Johnson Electric Holdings Limited: Johnson Electric Holdings Limited company specializes in the manufacturing and sale of motion systems. It is among the largest providers of solenoids, motors, micro-electronics, micro switches, and flexible printed circuits. It provides its range of brushless DC motors under EC Motors. Johnson Electric serves diverse industries such as automotive, building automation, business machines, circuit breakers, digital security, bikes, floor care, food and beverage, home technologies, HVAC, industrial and warehouse automation, laboratory equipment, lawn and garden, medical devices, and optronics. The company has its operations in 22 countries across four regions including Europe, Americas, Asia Pacific, and Africa.
Key Companies in the Brushless DC Motor Market includes.
Brushless DC Motor Market Industry Developments
April 2023: Maxon announced the launch of its new 24 V brushless DC flat motor. Compared to its predecessor, the EC20 flat motor rated at 5W, this new motor from the company showcases a notable improvement in power density. Operating at 24V, it can achieve maximum speeds of up to 15,000rpm, with a no-load speed of 12,300rpm.
February 2024: Oriental Motor has entered into a distribution agreement with OEM Automatic, a Swedish-owned supplier company based in the UK. This partnership is set to have extensive implications, providing customers with improved support, especially in situations where acquiring or replacing AC or Brushless DC (BLDC) motors has posed difficulties in the past. This will help Oriental Motor to strengthen its distribution network in UK.
Brushless DC Motor Market Segmentation:
Brushless DC Motor Market Type Outlook
Brushless DC Motor Market Speed Outlook
Brushless DC Motor Market End-Use Outlook
Brushless DC Motor Market Regional Outlook
© 2024 Market Research Future ® (Part of WantStats Reasearch And Media Pvt. Ltd.)