As per a detailed analysis by Market Research Future (MRFR), the global brushless DC (BLDC) motors market is anticipated to garner a CAGR of 9.50% during the forecast period (2018-2023). Also acknowledged as electronically commutated motors, brushless DC motors are synchronous motors which are powered by a DC electric source. Brushless DC motor works on the simple force interaction between the electromagnet and permanent magnet, and the communication is controlled electronically.Competitive Dashboard
The top players dominating the global brushless DC motors market comprises Johnson Electric Holdings Limited (Hong Kong), Allied Motion Inc. (US), Nidec Corporation (Japan), WEG (Brazil), Anaheim Automation, Inc. (US), Arc Systems (US), Electrocraft Inc. (US), Bühler Motor GmbH (Germany), Ametek, Inc. (US), Toshiba Corporation (Japan), Siemens (Germany), Rockwell Automation, Inc. (the US), and GE (US).
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Industry Highlights
Brushless DC motors are a type of permanent magnet motor, which produces an electric current to drive each phase of the motor via a closed loop controller. These motors feature high efficiency and excellent controllability and are widely used in various applications including consumer electronics, transportation, heating and ventilation, industrial engineering, and model engineering. The major advantage of brushless DC motors is their high level of efficiency, owing to their ability to control the motors at maximum rotational force, continuously.
The increasing demand from HVAC application segments, increased use of brushless DC motors across major industries including automotive, the transition towards energy-efficient motors, and high maintenance costs of brushed DC motors are some of the major factors driving the global brushless DC motors market. The energy efficient motors are the utmost priority for end users, as they help minimize their overall cost.
Regional Frontiers
Geographically, the brushless DC motor market span across Europe, Asia Pacific, North America, South America, and the Middle East & Africa.
Considering the global scenario, the Asia Pacific region is predicted to be the fastest evolving market and acquire the largest market share. The surging demand for automotive products and consumer electronics, especially in Japan, India, and China is dictating the growth trajectory of the regional market. The rising expenditure on the development of manufacturing and infrastructure facilities is likely to promote the growth of the regional market. Moreover, rapid industrialization in Indonesia, India, and China are likely to push the market growth uphill.
North America is likely to be a promising region and is expected to register significant growth in the foreseeable future. The growth of the regional market can be ascribed to the plummeting demand for highly sophisticated medical devices.
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