Electric DC Motor Market Size, Share & Trends Analysis Report By Type (Brushed, Brushless), By Voltage, By End Use (Industrial Machinery, Motor Vehicles), By Region, And Segment Forecasts, 2024 - 2030

Electric DC Motor Market Size & Trends

The global electric DC motor market size was valued at USD 15.92 billion in 2023 and is projected to grow at a CAGR of 6.8% from 2024 to 2030. Electric DC motors convert electrical energy into mechanical energy. The market is anticipated to grow due to the increasing acceptance of electric cars, automation, and the growing need for efficient DC motors. Furthermore, technological advancements and increasing demand for industrial applications in developing countries are anticipated to propel market growth.

The ongoing advancements in aerospace technology for defense modernization programs drive demand for electric DC motors. As the aerospace industry is advancing towards electric and hybrid-electric systems to improve fuel efficiency and reduce emissions, electric DC motors are becoming crucial components in aircraft. In addition, the defense sector employs electric DC motors in advanced military equipment and systems, including drones, robots, and electronic warfare systems. This transition to sustainability-oriented policies to reinforce green processes substantially determines the growth of electric DC motors in the forthcoming years.

Medical devices and robotics are fast-growing applications in the healthcare industry. These fields require electric DC motors based on their exact control, dependability, and versatility in speed and torque. For instance, electric DC motors are incorporated into robotic surgical devices, drug dispensing gadgets, and testing instruments. Furthermore, continuous advancements in medical technology and the increasing adoption of minimally invasive procedures are anticipated to drive the demand for high-precision electric motors. For instance, the motion system technology employs Brushless DC motors (BLDC) with high responsiveness and better robotic control. These features are potentially crucial to the surgery and patient outcome.

Type Insights

The brushless DC motor segment accounted for a dominating market share of 66.9% in 2023. Their efficiency is higher than traditional electrical components hence they use minimal energy to function, and are more economical. Furthermore, brushless DC motors result in low maintenance compared to brushed motors, which minimally depreciates with repeated use. These characteristics make them ideal for any mechanical application.

Brushed DC motor is expected to register the CAGR of 5.6% during the forecast period. This is attributed to its cost-effectiveness and simplicity in design, making it suitable for various consumer electronics and automotive applications. There is a substantial rise in demand for electric vehicles, where brushed DC motors are often used for auxiliary functions such as window lifts and seat adjustments. Additionally, increasing investments in industrial automation and robotics drive the demand.

Voltage Insights

The 0-750 watts segment accounted for a leading share of 57.6% in 2023, based on their extensive use for small appliances, portable power tools, and high-efficiency automotive applications where compact sizes are preferred. Their power level is ideal for applications with precise control and high performance for consumer electronics and home automation systems. Moreover, continuous advancements in miniaturization and increase in the use of smart gadgets and appliances are anticipated to drive the segment growth for this power range.

The 3kW - 75kW segment is projected to witness the fastest-growing CAGR of 8.1% over the forecast period. This is because their power range is consistently adapted to the field of industrial automation, including industries such as robotics, conveyors, and CNC machines. Moreover, improvements in the efficiency of motors specify that the type of motors used in this segment are more portable. Furthermore, government policies are driving towards industrialization and other sustainable development projects across the globe are anticipated to create a higher demand for these motors.

End Use Insights

The industrial machinery segment dominated with a market share of 30.3% in 2023 due to increasing automation and mechanization in the manufacturing processes that require reliable and efficient motor solutions. The demand for enhanced productivity and precision in industries such as packaging, material handling, and robotics has led to a surge in the adoption of DC motors. Furthermore, the growing focus on energy-efficient solutions and the combination of advanced control systems in industrial machinery is anticipated to drive segment growth.

The household appliances segment is projected to grow at a CAGR of 8.4% over the forecast period. This is attributed to the significant rise in demand for consumers for smart and energy-saving home appliances, which results in using DC motors for their efficiency. Additionally, the automation trend observed in households such as smart fans, vacuum cleaners, and kitchen appliances is anticipated to drive the segment growth. Furthermore, there is increasing awareness about energy conservation and the adoption of low power-consuming appliances.

Regional Insights

The electric DC motors market in North America is anticipated to witness significant growth in the forecast period due to the increasing demand for electric motors in EVs. The government strategies for energy-saving and eco-friendly technologies positively impact the growth of electric DC motors which are more energy-efficient than other types of motors. Furthermore, increasing industrialization and automated systems in healthcare, manufacturing industries, production processes, and other application areas are anticipated to drive market growth.

Asia Pacific Electric DC Motors Market Trends

Asia Pacific electric DC motors dominated the global market with a revenue share of 42.1% in 2023. This is attributed to the rapid technological development and urbanization throughout the region which has led to the exploration of various applications of DC devices. Additionally, government policies that promote energy efficiency have created favorable conditions for these devices are prominently used for low power consumption. Furthermore, the leading DC equipment manufacturers in the region emphasize manufacturing energy-efficient products. For instance, the shift towards hybrid and electric cars drives innovation in the regional automotive industries. These automotive industries are heavily dependent on electric DC motors 

Europe Electric DC Motors Market Trends

Europe electric DC motors market grew high in 2023. This surge was fueled by stringent emission regulations and government incentives to promote electric vehicles. Additionally, Europe's growing focus on renewable energy sources is creating a strong market for energy-efficient technologies, propelling the demand for efficient DC motors across various industries.

The UK electric DC motors market is expected to grow higher in the coming years due to the call to the development of Industry 4.0 stressing automation and smart manufacturing will experience growth in DC motors for robotics and automation. Additionally, the global surge in demand is evident for energy-efficient motors where several service sectors are investing. Furthermore, increasing government spending on health care and other infrastructural programs would drive the demand for DC motors in these sectors.

Key Electric DC Motor Company Insights

Some key companies in the global electric DC motors include AMETEK, Inc., Allied Motion Technologies Inc., Siemens, Johnson Electric, and others.

• AMETEK, Inc. is a manufacturer of electronic instruments and electromechanical devices. The company’s product portfolio consists of analytical, test, and measurement instruments. These instruments are applied in several industries such as energy, aerospace, power, research, and medicine.

• Johnson Electric designs electric motors, actuators, control systems, and flexible interconnects. Their clientele is spread across various industries such as automotive, medical, and industrial sectors, and their products cover versatile applications from DC micro motors to motorized systems for vehicles.

Recent Developments

• In January 2024, Johnson Electric partnered with SUPPLIERASSURANCE to improve the sustainability of their supply chains. This collaboration enables suppliers to monitor and improve the sustainability levels in a production environment. Johnson Electric is committed to significantly reducing carbon emissions.

• In September 2023, Rockwell Automation and Infinitum agreed to provide energy-intensive industries with energy-efficient, low-voltage drives and motors. The objective is to integrate innovative motor technology from Infinitum with Rockwell Automation’s advanced control systems to improve energy efficiency and sustainability at industrial levels. Under this venture, the companies have projected that consumers could save energy use resulting in the growth of renewable energy practices throughout the sector.

Electric DC Motors Market Report Scope

Global Electric DC Motors Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global electric DC motors market report based on type, voltage, end use, and region.

• Type Outlook (Revenue, USD Billion, 2018 - 2030)

  • Brushed DC Motor

  • Brushless DC Motor

• Voltage Outlook (Revenue, USD Billion, 2018 - 2030)

  • 0-750 Watts

  • 750 Watts - 3kW

  • 3 kW - 75 kW

  • Above 75 kW

• End Use Outlook (Revenue, USD Billion, 2018 - 2030)

  • Industrial Machinery

  • Motor Vehicles

  • HVAC Equipment

  • Aerospace & Transportation

  • Household Appliances

  • Others

• Regional Outlook (Revenue, USD Billion, 2018 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Russia

    • Spain

  • Asia Pacific

    • China

    • India

    • Japan

    • South Korea

    • Australia

    • Thailand

    • Indonesia

    • Malaysia

  • Latin America

    • Brazil

    • Argentina

  • Middle East and Africa (MEA)

    • Saudi Arabia

    • UAE

    • South Africa