Dallas, Texas, Feb. 28, 2020 (GLOBE NEWSWIRE) -- The “Brushless DC Motor Market by Type (Inner Motor, and Outer Motor), Application (Manufacturing, Medical Devices, Automotive, Consumer Electronics, Others), Power Capacity (< 10 kW, 10 kW to 200 kW, and > 200 kW) and Region, Global Forecasts 2018 to 2025” study provides an elaborative view of historic, present and forecasted market estimates.
The global brushless DC motor market size is anticipated to surpass USD 23 billion by 2025. BLDC motors are electronically commutated motors, in which its rotational velocity is in synchronization with the frequency of the direct current. The motor operates through an integrated inverting power supply which generates AC waveforms in order to energize the windings of the motor. These motors are comprised of controller which controls the torque and speed of the motor through transmitting current pulses to the motor windings. Its growing application across manufacturing industries, automotive, electronics is projected to stimulate the product demand over the forecast timeframe.
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These motors offer improved controllability and high efficiency and as a result, it is deployed over multiple applications. The major contributing factor for high surging penetration of brushless DC motors includes reduced motor size, higher speed range, lower noise generation, and enhanced thermal attributes. The increasing demand for sensor-less controls is poised to drive product adoption on account of improved reliability and durability, which in turn reduces electrical connections, mechanical misalignments, size, and weight of the product. These factors are positively contributing toward the upsurge over the forecast period.
The major industry players operating across the global brushless DC motor market include Johnson Electric Holdings, Nidec Corporation, Allied Motion Technologies, AMETEK, Minebea, Faulhaber, Buhler Motor, Arc Systems, and Schnieder Electric. The motor industry is consolidated with the presence of global and domestic players across the globe. The industry players are adopting inorganic growth strategies including merger & acquisitions, joint ventures expand their market presence.
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The report also throws light on various aspects of the global DC brushless motor industry by assessing the market using value chain analysis. The report covers several qualitative aspects of the DC brushless motor industry in market drivers, market restraints and key industry trends. Furthermore, the report provides an in-depth assessment of the market competition with company profiles of global as well as local vendors.
The global DC brushless motor market holds a strong competition among the well-established and new emerging players. These market players targets to gain a competitive advantage over the other players by participating in partnerships, mergers, and acquisitions and expanding their businesses.
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The brushless DC motor market is segmented into automotive, consumer electronics, manufacturing, medical devices, and others on the basis of application. In 2019, the consumer electronics segment is anticipated to dominate the industry share and the automotive segment is anticipated to attain high growth rate in the coming years. The consumer electronics segment is expected to witness a growth rate of over 5% over the forecast period 2020-2025. The growth of this segment is primarily contributed to the growing awareness toward improving life expectancy.
The Asia-Pacific region is expected to experience the growth with over 6% CAGR over the forecast period. The ongoing transition toward adoption of electric vehicle from conventional vehicle is surging the product adoption. Furthermore, increasing advancement across medical devices, electronics and consumer durable to integrate the automation and digitalization in order to perform operations will complement the industry outlook in the coming years.
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Major points from Table of Contents:
Chapter 1 Introduction
Chapter 2 Research Methodology
Chapter 3 Executive Summary
Chapter 4 Market Outlook
Chapter 5 Brushless DC Motor Market by Type
Chapter 6 Brushless DC Motor Market by Application
Chapter 7 Brushless DC Motor Market by Power Capacity
Chapter 8 Brushless DC motor Market By Region
Chapter 9 Competitive Landscape
Chapter 10 Company Profiles
Chapter 11 Appendix
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