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According to a new report Global Brushless DC Motor Market, published by KBV Research, The Global Brushless DC Motor Market size is expected to reach $22.8 billion by 2025, rising at a market growth of 6.7% CAGR during the forecast period.
Motor vehicles segment recorded the maximum share of the market in 2018 and is expected to emerge as the top growing segment from 2019 to 2025. Industries prefer brushless DC motors over conventional products as the absence of brushes reduces friction. The industrial machinery segment recorded a higher market share in 2018 and would grow substantially in the years to come. The growing trend is linked to the product deployment in sophisticated industrial applications including extruders, feeder drives, and motors used in robotics. Additionally, The HVAC Equipment market is expected to witness promising CAGR of 8% during (2019 - 2025).
The 0 - 750-Watt segment dominated the market in 2018 and is projected to record the prominent CAGR during the forecast period. Such high-efficiency motors have become prominent due to their longer shelf life, reduced maintenance costs and energy consumption, as well as better tolerance for fluctuating voltages. The 750 Watts to 3 kW BLDC Motor market would witness a CAGR of 7.2% during (2019 - 2025). Additionally, The 3 kW - 75 kW BLDC Motor market is anticipated to witness highest CAGR of 7.3% during (2019 - 2025).
The Asia Pacific brushless DC motors market is likely to record a higher share during the forecast period. The high growth is occurring due to increased expenditure on the infrastructure development and manufacturing facilities. The Latin America and the Middle East & Africa regions are also projected to experience substantial growth during the forecast period. This growth is attributable to the changing regulatory scenario and increased awareness related to the use of eco-friendly and sustainable products. The North America market is expected to witness a CAGR of 5.8% during (2019 - 2025).
Full Report:https://www.kbvresearch.com/brushless-dc-motor-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of ABB Group (Baldor Electric Company), Toshiba Corporation, Buhler Motor GmbH, Nidec Corporation, Maxon Motors AG, Ametek, Inc., Allied Motion Technologies, Inc., Johnson Electric Holdings Limited, Rockwell Automation, Inc. and ARC Systems, Inc.
By Rotor Type
By Voltage Type
By End User
By Geography
Companies Profiled
Unique Offerings from KBV Research
North America Market
Europe Market
Asia Pacific Market
LAMEA Market