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The Worldwide Brushless DC Motor Industry is Expected to Reach $42+ Billion by 2026 - ResearchAndMarkets.com

·3 min read

DUBLIN, July 22, 2021--(BUSINESS WIRE)--The "Brushless DC Motor Market - Forecasts from 2021 to 2026" report has been added to ResearchAndMarkets.com's offering.

The global brushless DC motor market is projected to have a compound annual growth rate of 9.17%, from US$22.859 billion in 2019 to US$42.249 billion in 2026.

Companies Mentioned

  • Ametek PDS

  • Allied Motion Technologies

  • Woodward

  • Maxon Motor

  • Mclennan

  • Portescap

  • Moog

  • Johnson Electric

  • Nidec

  • Buhler Motor

The main features of the brushless DC motors that make them so demanding in the market is that it reduces the energy consumption and hence, improves the efficiency in operations. This further boosts the demand for the brushless DC motors in the market. The market of brushless DC motor is expected to drive by government policies for environment friendly vehicles, increasing demand from the automotive industry, and improving the energy efficiency. In automobile industry, the increasing demand for the facilities such as wipers, mirrors, doors, and so on, is boosting the demand and growth of the brushless DC motor market.

The growth of the market can be restrained by relatively higher cost of the brushless DC motor as compared to the convention DC motors with brush. Though, the companies are working on the improvements, and have overcame this issue of cost along with the better performance abilities. In electronic vehicles and hybrid vehicles market, the brushless DC motors have the significant potential to grow in the upcoming period, because of the features of brushless DC and increasing demand for the electronic vehicles. The various applications of the brushless DC motor are another factor that is boosting the growth and demand of this market such as higher efficiency, low maintenance cost, lower rotor heat and so on.

COVID-19 Impact

The pandemic COVID-19 has adversely impacted the brushless DC motor market, as it hampered both the production and the consumption markets, where in production market, the manufacturing has been hampered due to the lockdowns, and in consumption market, the manufacturing industries' demand has reduced. Although, this pandemic has increased the demand for the medical devices creating a potential market for the medical devices. The pan-demic has affected the investments in brushless DC motor negatively as the growth of this market got impacted

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

4.1. Market Drivers

4.2. Market Restraints

4.3. Porters Five Forces Analysis

4.4. Industry Value Chain Analysis

5. Global Brushless DC Motor Market Analysis, By Type

5.1. Introduction

5.2. Inner rotor

5.3. Outer rotor

6. Global Brushless DC Motor Market Analysis, By End-users

6.1. Introduction

6.2. Automotive

6.3. Medical devices

6.4. Aerospace & Transportation

6.5. Others

7. Global Brushless DC Motor Market Analysis, By Stator Winding

7.1. Introduction

7.2. Single Phase

7.3. Two-Phase

7.4. Three Phase

8. Global Brushless DC Motor Market Analysis, by Geography

9. Competitive Environment and Analysis

9.1. Major Players and Strategy Analysis

9.2. Emerging Players and Market Lucrativeness

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Vendor Competitiveness Matrix

10. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/lrk53x

View source version on businesswire.com: https://www.businesswire.com/news/home/20210722005537/en/

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