Brushless DC Motor Market Size, Share, & Trends Report

Brushless DC Motor Market Size, Share, & Trends Analysis Report, By Voltage (0 - 750 watt, 750 watt - 3kW, 3kW - 75 kW, 75kW and above), By End Use (Industrial Machinery, Motor Vehicles), And Segment Forecasts, 2019 - 2025

  • Published Date: Feb, 2019
  • Base Year for Estimate: 2018
  • Report ID: GVR-2-68038-820-6
  • Format: Electronic (PDF)
  • Historical Data: 2014 - 2017
  • Number of Pages: 95

Industry Insights

The global brushless DC motors market size was valued at USD 15.36 billion in 2018 and is expected record a CAGR of 6.5% from 2019 to 2025. Brushless DC motors help save energy and increase operational efficiency of equipment. This factor is expected to spur the market growth over the forecast period. These motors are economical in majority of the applications, such as window lifters, air conditioners, and sun-roof actuators, as they offer optimum efficiency and reliability.

Brushless DC motors are thermally resistant, require low maintenance, and operate at low temperatures, eliminating any threat from sparks. The emergence of sensor-less controls for brushless DC type is likely to boost the product durability and reliability, thereby reducing the number of mechanical misalignment, electrical connections, as well as product weight and size. The aforementioned factors are also estimated to drive the market over the forecast period. Furthermore, rapidly expanding Electric Vehicles (EVs) industry will have a positive impact on the market growth.

Asia Pacific brushless DC motors market

Rising popularity of advanced vehicle features, such as power seats, adjustable mirrors, and sunroof systems, are projected to augment the product demand. In addition, rising production of automobiles across the globe will boost the product demand. Automotive motors are used in vehicle powertrain systems, chassis, and safety fittings. Increasing demand for advanced features in a vehicle, such as motorized seats, wipers, doors, adjustable mirrors, and massage seats, is also contributing to the brushless DC motors market growth.

Increasing adoption of EVs due to rising concerns regarding oil dependency, global warming, and environmental pollution is also likely to propel the product demand. Moreover, various government initiatives aimed at encouraging the production and usage of EVs will spur the demand further. Brushless DC motors offer benefits like less rotor heat, low maintenance costs, higher efficiency, operating speed and peak point efficiency, and quick response, making it ideal in a variety of applications, particularly in electrical and hybrid vehicles.

Voltage Insights

The 0 - 750-Watt segment led the market in 2018 and is anticipated to register the highest CAGR of more than 7% over the forecast period. These high-efficiency motors are gaining importance due to their longer operating life, lower maintenance costs and energy consumption, and higher tolerance for fluctuating voltages. They are ideal for applications, such as fans, pumps, compressors, machine tools, domestic appliances, electric cars, HVAC applications, power tools, and automated robots.

China DC motors market

The 75kWatt and above segment is also expected to witness substantial growth over the forecast period owing to advantages of these products, such as better performance in terms of efficiency and reliability over the traditional products with same voltage rating. These motors are used for applications including milling, drilling, and grinding deployed in numerous industrial machinery, such as CNC machines. Moreover, growing consumer awareness and emerging government policies regarding energy conservation are predicted to drive the market over the estimated period.

End Use Insights

Motor vehicles segment accounted for over 25% of the global market share in 2018 and is anticipated to emerge as the fastest growing segment at a CAGR of 7.6% from 2019 to 2025. Brushless DC motors are preferred over conventional products due to the absence of brushes resulting in less friction, which, in turn, ensures less wear and tear reducing overall maintenance costs.

Comfort motors acquired the highest market share and is expected to be the fastest-growing segment by 2025. They are primarily used in automatic window operations, sun-roof actuators, mirror adjustors, and air conditioning and HVAC systems. Multiple motors are required for each of these applications, which is subsequently expected to drive the product demand in future.

Industrial machinery segment also acquired a substantial share of the global market in 2018 and is likely to witness steady growth in the years to come. This is mainly due to the product deployment in complex industrial applications, such as feeder drives, extruders, and motors used in robotics. Additionally, technological advancements have resulted in increased efficiency, which is expected to propel the market growth over the forecast period.

Regional Insights

The Asia Pacific market is anticipated to register the highest CAGR over the forecast period on account of increased expenditure on the development of infrastructure and manufacturing facilities. Rapid industrialization in the developing economies like China, India, and Indonesia is also expected to fuel the regional market over the coming years. Latin America and the Middle East & Africa are also expected to witness significant growth over the forecast period owing to the changing regulatory scenario and rising awareness concerning the use of eco-friendly and sustainable products.

Furthermore, growing need to increase the power-generation capacities has fueled the product demand across numerous applications in the Middle East region. The untapped potential for downstream activities in developing countries including Kuwait, UAE, and Qatar offers new growth avenues for the market. The regional markets of North America and Europe captured over 35% of the overall market share in 2018. The growth in these regions is attributed to the increasing adoption of motor vehicles.

Brushless DC Motors Market Share Insights

Key companies include ABB Ltd.; Ametek, Inc.; Johnson Electric; and Nidec Motor Corporation. The market is fragmented in nature with the key players accounting for an estimated 30% of the global market share. These companies are increasingly focusing on mergers & acquisitions to expand and diversify their product offerings. In addition, manufacturers are also providing retrofitting solutions for the existing products. Industry competition is primarily based on aspects of product pricing and certification and compliance from several organizations.

Report Scope

Attribute

Details

Base year for estimation

2018

Actual estimates/Historical data

2014 - 2017

Forecast period

2019 - 2025

Market representation

Revenue in USD Million and CAGR from 2019 to 2025

Regional scope

North America, Europe, Asia Pacific, Latin America, and MEA

Country scope

U.S., Canada, U.K., Germany, China, India, Japan, Brazil, and Mexico

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

15% free customization scope (equivalent to 5 analyst working days)

If you need specific information, which is not currently within the scope of the report, we will provide it to you as a part of the customization.


Segments Covered in the Report

This report forecasts revenue and volume growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the global brushless DC motors market report on the basis of voltage, end use, and region:

  • Voltage Outlook (Revenue, USD Million, 2014 - 2025)

    • 0 -750 Watts

    • 750 Watts to 3 kW

    • 3 kW - 75 kW

    • Above 75 kW

  • End Use Outlook (Revenue, USD Million, 2014 - 2025)

    • Industrial Machinery

    • Motor Vehicles

      • Safety

      • Comfort

      • Performance

    • HVAC Equipment

    • Aerospace & Transportation

    • Household Appliances

    • Others

  • Regional Outlook (Revenue, USD Million, 2014 - 2025)

    • North America

      • U.S.

      • Canada

    • Europe

      • U.K.

      • Germany

    • Asia Pacific

      • China

      • India

      • Japan

    • Latin America

      • Brazil

      • Mexico

    • Middle East & Africa

Key questions answered by the report
Request for Customization

Choose License Type

Single User - $5,950
Multi User (2-5) - $6,950
Enterprise Access - $8,950

Buy Chapters or Sections

Avail customized purchase options to meet your exact research needs:

  • Buy sections of this report
  • Buy country level reports
  • Request for historical data
  • Request discounts available for Start-Ups & Universities

Why Choose Us

  • Research support

    24/5 Research support

    Get your queries resolved from an industry expert.

  • Custom research service

    Custom research service

    Design an exclusive study to serve your research needs.

  • Quality assurance

    Quality assurance

    A testimonial for service in the form of BBB "A" Accreditation.

  • BBB Rating dandb
  • Information security

    Information security

    Your personal and confidential information is safe and secure.

  • grand view research PCI DSS complaint grand view research paypal verified