Product Code: MRFR/E&P/6056-CR
Global Brushless DC Motor Market Research Report: Information By Type (Inner Rotor, Outer Rotor) By Speed (Less than 500 RPM, 501-2000 RPM, 2001-10000 RPM, More than 10000 RPM) By End Use (Automotive, Consumer Electronics, Manufacturing, Healthcare, Others) and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa) Forecast to 2030
Market Overview
In 2023, the brushless DC motor market was estimated to be worth USD 13,703.23 million. In 2024, the Brushless DC Motor Market industry is anticipated to expand from USD 14,374.36 Million to USD 22,261.66 Million by 2030, with a compound annual growth rate (CAGR) of 7.18% over the forecast period (2024- 2030). The primary factor driving the growth of the Global Brushless DC motor in the pump and spray dispensing products market is the increasing demand for BLDC motors in the automotive sector. It is expected that the importance of energy-efficient motors and apparatus automation will continue to rise as industrialization expands worldwide.
Thus, these components will facilitate the global expansion of the brushless DC motor industry. Brushless DC motors are more energy-efficient than conventional motors, which results in decreased running expenses and reduced energy consumption. As a result, the market for BLDC motors is expanding because of the increasing demand for energy-efficient motors in a variety of sectors. Furthermore, numerous governments worldwide have initiated initiatives to reduce carbon emissions by prioritizing energy efficiency in the industrial sector, considering environmental concerns.
There are numerous advantages to employing BLDC in robotics, including the following: simplified maintenance, reduced electrical noise, increased maximum speed, cleaner operation, improved efficiency, improved reliability, the capacity to operate on batteries, the ability to fit into compact spaces, and an extended lifespan. Additionally, there is no need to worry about the lifespan of a brush, and there is no brush residue.
Market segment insights
The Brushless DC Motor Market has been segmented into Inner Rotor and Outer Rotor based on type.
The market is segmented into four categories based on speed: Less than 500 RPM, 501-2000 RPM, 2001-10000 RPM, and more than 10000 RPM.
Automotive, Consumer Electronics, Manufacturing, Healthcare, and Others comprise the Brushless DC Motor Market segmentation, which is organized by end use.
Regional Perspectives
North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America comprise the Brushless DC Motor Market, which is segmented by region. During the forecast period, the Asia-Pacific Brushless DC Motor Market is anticipated to account for a substantial revenue share and maintain the highest market share. The rapid expansion of the automotive industry in countries such as China, Japan, South Korea, and India is a significant factor in the demand for brushless DC motors in the Asia Pacific region.. The automotive sector in India accounts for 7.1% of the country's GDP, making it the third largest automobile market globally, according to Invest India. Furthermore, an economic survey conducted in 2023 predicts that the domestic EV market in India will experience a 49% compounded growth rate from 2022 to 2030, with an annual sale of 10 million by 2030.
Major Players
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, and Mabuchi Motor Co., Ltd. are the primary stakeholders in the Brushless DC Motor Market.
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
- 1.1 MARKET ATTRACTIVENESS ANALYSIS
- 1.1.1 GLOBAL BRUSHLESS DC MOTOR MARKET, BY TYPE
- 1.1.2 GLOBAL BRUSHLESS DC MOTOR MARKET, BY SPEED
- 1.1.3 GLOBAL BRUSHLESS DC MOTOR MARKET, BY END-USE
- 1.1.4 GLOBAL BRUSHLESS DC MOTOR MARKET, BY REGION
2 MARKET INTRODUCTION
- 2.1 DEFINITION
- 2.2 SCOPE OF THE STUDY
- 2.3 RESEARCH OBJECTIVE
- 2.4 MARKET STRUCTURE
3 RESEARCH METHODOLOGY
- 3.1 RESEARCH PACKAGING END-USE
- 3.2 PRIMARY RESEARCH
- 3.3 SECONDARY RESEARCH
- 3.4 MARKET SIZE ESTIMATION
- 3.5 TOP-DOWN AND BOTTOM-UP APPROACH
- 3.6 FORECAST MODEL
- 3.7 LIST OF ASSUMPTIONS & LIMITATIONS
4 MARKET DYNAMICS
- 4.1 INTRODUCTION
- 4.2 DRIVERS
- 4.2.1 GROWING R&D ACTIVITIES AND INNOVATIONS ACROSS THE GLOBE BY MANUFACTURERS
- 4.2.2 INCREASING DEMAND FOR BLDC IN AUTOMOTIVE INDUSTRY
- 4.3 RESTRAINTS
- 4.3.1 HIGH COSTS OF BRUSHLESS DC MOTORS AND REQUIREMENT OF CONTROLLERS
- 4.4 OPPORTUNITIES
- 4.4.1 GROWTH OF THE ROBOTICS INDUSTRY
- 4.5 CHALLENGES
- 4.5.1 EASY AVAILABILITY OF LOW-QUALITY BRUSHLESS DC MOTOR
5 MARKET FACTOR ANALYSIS
- 5.1 SUPPLY CHAIN ANALYSIS
- 5.1.1 RAW MATERIAL SUPPLIERS
- 5.1.2 BRUSHLESS DC MOTOR MANUFACTURERS
- 5.1.3 DISTRIBUTION & SALES CHANNELS
- 5.1.3.1 LIST OF SUPPLIERS
- 5.1.4 END USERS
- 5.2 PORTER'S FIVE FORCES ANALYSIS
- 5.2.1 THREAT OF NEW ENTRANTS
- 5.2.2 BARGAINING POWER OF SUPPLIERS
- 5.2.3 THREAT OF SUBSTITUTES
- 5.2.4 BARGAINING POWER OF BUYERS
- 5.2.5 INTENSITY OF RIVALRY
- 5.3 IMPACT OF COVID 19 ON THE GLOBAL BRUSHLESS DC MOTOR MARKET
- 5.3.1 IMPACT OF COVID-19 ON SUPPLY CHAIN OF BRUSHLESS DC MOTOR MARKET
- 5.3.2 QUALITATIVE ANALYSIS ON CHANGE IN DEMAND FROM END USERS
6 GLOBAL BRUSHLESS DC MOTOR MARKET, BY TYPE
- 6.1 OVERVIEW
- 6.2 GLOBAL BRUSHLESS DC MOTOR MARKET SIZE, MARKET ESTIMATES & FORECAST BY TYPE, 2019-2030
- 6.2.1 GLOBAL BRUSHLESS DC MOTOR MARKETSIZE: MARKET ESTIMATES & FORECAST BY TYPE, 2019-2030
- 6.3 INNER ROTOR
- 6.3.1 INNER ROTOR: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
- 6.4 OUTER ROTOR
- 6.4.1 OUTER ROTOR: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
7 GLOBAL BRUSHLESS DC MOTOR MARKET, BY SPEED
- 7.1 OVERVIEW
- 7.2 GLOBAL BRUSHLESS DC MOTOR MARKET SIZE, MARKET ESTIMATES & FORECAST BY SPEED, 2019-2030
- 7.2.1 GLOBAL BRUSHLESS DC MOTOR MARKETSIZE: MARKET ESTIMATES & FORECAST BY SPEED, 2019-2030
- 7.3 LESS THAN 500 RPM
- 7.3.1 LESS THAN 500 RPM: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
- 7.4 501-2000 RPM
- 7.4.1 501-2000 RPM: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
- 7.5 2001-10000 RPM
- 7.5.1 2001-10000 RPM: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
- 7.6 MORE THAN 10000 RPM
- 7.6.1 MORE THAN 10000 RPM: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
8 GLOBAL BRUSHLESS DC MOTOR MARKET, BY END-USE
- 8.1 OVERVIEW
- 8.2 GLOBAL BRUSHLESS DC MOTOR MARKET SIZE, MARKET ESTIMATES & FORECAST BY END-USE, 2019-2030
- 8.2.1 GLOBAL BRUSHLESS DC MOTOR MARKETSIZE: MARKET ESTIMATES & FORECAST BY END-USE, 2019-2030
- 8.3 AUTOMOTIVE
- 8.3.1 AUTOMOTIVE: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
- 8.4 CONSUMER ELECTRONICS
- 8.4.1 CONSUMER ELECTRONICS: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
- 8.5 MANUFACTURING
- 8.5.1 MANUFACTURING: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
- 8.6 HEALTHCARE
- 8.6.1 HEALTHCARE: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
- 8.7 OTHERS
- 8.7.1 OTHERS: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
9 GLOBAL BRUSHLESS DC MOTOR MARKET, BY REGION
- 9.1 OVERVIEW
- 9.2 NORTH AMERICA
- 9.3 EUROPE
- 9.3.1 GERMANY
- 9.3.2 RUSSIA
- 9.3.3 UK
- 9.3.4 FRANCE
- 9.3.5 ITALY
- 9.3.6 SPAIN
- 9.3.7 REST OF EUROPE
- 9.4 ASIA-PACIFIC
- 9.4.1 CHINA
- 9.4.2 JAPAN
- 9.4.3 INDIA
- 9.4.4 SOUTH KOREA
- 9.4.5 REST OF ASIA-PACIFIC
- 9.5 LATIN AMERICA
- 9.5.1 BRAZIL
- 9.5.2 MEXICO
- 9.5.3 ARGENTINA
- 9.5.4 REST OF LATIN AMERICA
- 9.6 MIDDLE EAST AND AFRICA
- 9.6.1 GCC COUNTRIES
- 9.6.2 SOUTH AFRICA
- 9.6.3 REST OF MIDDLE EAST & AFRICA
10 COMPETITIVE LANDSCAPE
- 10.1 MARKET INTRODUCTION
- 10.2 KEY DEVELOPMENTS & GROWTH STRATEGIES
- 10.2.1 PRODUCT LAUNCH
- 10.2.2 COLLABORATION
- 10.2.3 PARTNERSHIP
- 10.2.4 AGREEMENT
- 10.2.5 EXPANSION
- 10.3 GLOBAL MARKET STRATEGY ANALYSIS
- 10.4 COMPETITIVE BENCHMARKING
11 COMPANY PROFILES
- 11.1 NIDEC CORPORATION
- 11.1.1 COMPANY OVERVIEW
- 11.1.2 FINANCIAL OVERVIEW
- 11.1.3 PRODUCTS OFFERED
- 11.1.4 KEY DEVELOPMENTS
- 11.1.5 SWOT ANALYSIS
- 11.1.6 KEY STRATEGIES
- 11.2 JOHNSON ELECTRIC HOLDINGS LIMITED
- 11.2.1 COMPANY OVERVIEW
- 11.2.2 FINANCIAL OVERVIEW
- 11.2.3 PRODUCTS OFFERED
- 11.2.4 KEY DEVELOPMENTS
- 11.2.5 SWOT ANALYSIS
- 11.2.6 KEY STRATEGIES
- 11.3 MAXON
- 11.3.1 COMPANY OVERVIEW
- 11.3.2 FINANCIAL OVERVIEW
- 11.3.3 PRODUCTS OFFERED
- 11.3.4 KEY DEVELOPMENTS
- 11.3.5 SWOT ANALYSIS
- 11.3.6 KEY STRATEGIES
- 11.4 PORTESCAP
- 11.4.1 COMPANY OVERVIEW
- 11.4.2 FINANCIAL OVERVIEW
- 11.4.3 PRODUCTS OFFERED
- 11.4.4 KEY DEVELOPMENTS
- 11.4.5 SWOT ANALYSIS
- 11.4.6 KEY STRATEGIES
- 11.5 ORIENTAL MOTOR CO., LTD.
- 11.5.1 COMPANY OVERVIEW
- 11.5.2 FINANCIAL OVERVIEW
- 11.5.3 PRODUCTS OFFERED
- 11.5.4 KEY DEVELOPMENTS
- 11.5.5 SWOT ANALYSIS
- 11.5.6 KEY STRATEGIES
- 11.6 AMETEK.INC.
- 11.6.1 COMPANY OVERVIEW
- 11.6.2 FINANCIAL OVERVIEW
- 11.6.3 PRODUCTS OFFERED
- 11.6.4 KEY DEVELOPMENTS
- 11.6.5 SWOT ANALYSIS
- 11.6.6 KEY STRATEGIES
- 11.7 MINEBEAMITSUMI GROUP
- 11.7.1 COMPANY OVERVIEW
- 11.7.2 FINANCIAL OVERVIEW
- 11.7.3 PRODUCTS OFFERED
- 11.7.4 KEY DEVELOPMENTS
- 11.7.5 MINEBEAMITSUMI GROUP: SWOT ANALYSIS
- 11.7.6 KEY STRATEGIES
- 11.8 COMPAGE AUTOMATION SYSTEMS PVT. LTD.
- 11.8.1 COMPANY OVERVIEW
- 11.8.2 FINANCIAL OVERVIEW
- 11.8.3 PRODUCTS OFFERED
- 11.8.4 KEY DEVELOPMENTS
- 11.8.5 SWOT ANALYSIS
- 11.8.6 KEY STRATEGIES
- 11.9 BALU FORGE INDUSTRIES LIMITED (NAYA ENERGY)
- 11.9.1 COMPANY OVERVIEW
- 11.9.2 FINANCIAL OVERVIEW
- 11.9.3 PRODUCTS OFFERED
- 11.9.4 KEY DEVELOPMENTS
- 11.9.5 SWOT ANALYSIS
- 11.9.6 KEY STRATEGIES
- 11.10 MABUCHI MOTOR CO., LTD.
- 11.10.1 COMPANY OVERVIEW
- 11.10.2 FINANCIAL OVERVIEW
- 11.10.3 PRODUCTS OFFERED
- 11.10.4 KEY DEVELOPMENTS
- 11.10.5 SWOT ANALYSIS
- 11.10.6 KEY STRATEGIES
12 APPENDIX
- 12.1 REFERENCES
- 12.2 RELATED REPORTS