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Direct Current (DC) Motor Market Analysis APAC, North America, Europe, South America, Middle East and Africa - China, US, Japan, Germany, South Korea - Size and Forecast 2024-2028

Direct Current (DC) Motor Market Analysis APAC, North America, Europe, South America, Middle East and Africa - China, US, Japan, Germany, South Korea - Size and Forecast 2024-2028

Published: May 2024 174 Pages SKU: IRTNTR70796

Market Overview at a Glance

$25.36 B
Market Opportunity
12.66%
CAGR
10.99
YoY growth 2023-2024(%)

Direct Current (Dc) Motor Market Size 2024-2028

The direct current (dc) motor market size is forecast to increase by USD 25.36 billion at a CAGR of 12.66% between 2023 and 2028.

  • The market is witnessing significant growth due to several key trends. The increasing adoption of factory automation and the use of industrial robots are major factors driving market growth. Additionally, the development of sensor-less Brushless DC (BLDC) motors is expected to further boost market expansion. However, excessive heat generation in DC motors remains a challenge, which may hinder market growth. Proper cooling systems and advancements in motor design are being explored to mitigate this issue. Overall, the DC Motor Market is poised for steady growth In the coming years, with these trends and challenges shaping its trajectory.

    • What will be the Size of the Direct Current (Dc) Motor Market During the Forecast Period?

    Direct Current (Dc) Motor Market Size

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  • The market encompasses various industries, including appliances, power windows, computer peripherals, and the discrete and HVAC industries. DC motors are integral to powering electric vehicle components, such as controllers and powertrain systems, as well as chassis and safety fittings. Urbanization and evolving lifestyles have fueled the demand for energy-efficient motors in consumer electronics, healthcare, automobiles, and IoT applications. Brushless DC motors, including BLDC and PMDC types, are increasingly popular due to their high efficiency and long service life. The market is also influenced by advancements in artificial intelligence (AI) and controllers, enabling improved motor performance and safety. The US government's focus on reducing carbon emissions and promoting electric vehicles further boosts the DC motor market's growth.

    • How is this Direct Current (Dc) Motor Industry segmented and which is the largest segment?

    The direct current (dc) motor industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

    • Power Output
      • Less than 750 W
      • 750 W to 375 kW
      • More than 375 kW
    • Type
      • Brushed DC motors
      • Brushless DC motors
    • Geography
      • APAC
        • China
        • Japan
        • South Korea
      • North America
        • US
      • Europe
        • Germany
      • South America
        • Middle East and Africa

        By Power Output Insights

        • The less than 750 w segment is estimated to witness significant growth during the forecast period.

        DC motors serve various sectors with their power-efficient and dependable performance. For instance, Maxon's RE 450 W DC motor, delivering up to 550 W of power, is a preferred choice in robotics, medical technology, and aerospace industries due to its high torque and compact size. In contrast, Faulhaber's 2232 SR DC motor, with a power rating of up to 460 W, caters to diverse applications, including automation equipment and scientific research instruments. DC motors, such as these, contribute significantly to industries like HVAC, power windows, computer peripherals, discrete industry, and electric vehicles, among others. Additionally, advancements in technology have led to the emergence of energy-efficient motors like BLDC and torque motors, which are increasingly adopted in powertrain systems, chassis, safety fittings, urbanization, lifestyle, electric vehicles, and industrial robots.

        The global market for DC motors is experiencing growth due to factors like urbanization, lifestyle changes, and the increasing demand for energy-efficient solutions in consumer electronics, healthcare, automobiles, IoT, artificial intelligence, and various industries. Key applications include appliances, HVAC systems, and variable speed drives in air handling units (AHUs) and electric vehicles. The US government's focus on energy efficiency and the increasing popularity of electric vehicles are expected to further boost the market. However, challenges like overload and harmonic distortion require containment measures, which may impact the market's growth.

        Direct Current (Dc) Motor Market Size

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        The Less than 750 W segment was valued at USD 15.09 billion in 2018 and showed a gradual increase during the forecast period.

        Regional Analysis

        • APAC is estimated to contribute 61% to the growth of the global market during the forecast period.

        Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

        Direct Current (Dc) Motor Market Share by Geography

        For more insights on the market share of various regions, Request Free Sample

        The Asia Pacific (APAC) region is a significant contributor to the global DC motors market, fueled by industrialization, urbanization, and the increasing demand for energy-efficient technologies. DC motors find extensive usage In the APAC manufacturing industry, particularly in machinery applications such as pumps, compressors, and conveyor belts. The region's industrial sectors, including automotive and construction, have experienced rapid growth, leading to increased demand for DC motors. Furthermore, the APAC region's shift towards renewable energy sources, including wind, solar, and hydropower, is driving the adoption of DC motors in power generation systems. Energy-efficient motors, such as Brushless DC (BLDC) and torque motors, are gaining popularity due to their ability to minimize energy losses and improve overall system efficiency.

        DC motors are also increasingly used in electric vehicles (EVs) and other applications, including HVAC systems, consumer electronics, industrial robots, and powertrain systems. The APAC market for DC motors is expected to grow significantly due to these trends and the region's expanding economic influence.

        Market Dynamics

        Our  researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

        What are the key market drivers leading to the rise In the adoption of Direct Current (Dc) Motor Industry?

        Rising factory automation and use of industrial robots is the key driver of the market.

      • The market is witnessing significant growth due to the increasing demand for automation in various industries, including appliances, power windows in automobiles, computer peripherals, and the discrete industry. In the HVAC industry, BLDC motors are gaining popularity for their energy efficiency and long life span. DC motors are also used in powertrain systems and chassis of electric vehicles, as well as safety fittings. The urbanization trend and changing lifestyles are driving the demand for electric appliances and vehicles, leading to an increased need for DC motors. The use of DC motors extends to industrial robots in consumer electronics, healthcare, and automobiles.
      • The integration of IoT and artificial intelligence (AI) has facilitated the use of smart AC motors and variable speed drives in air handling units (AHUs) for energy efficiency. The electric vehicle market, particularly the growing popularity of electric vehicles (EVs), is another significant contributor to the DC motor market. The IEA Global Energy Economy report states that the demand for energy-efficient motors, including DC motors, is increasing due to the need to reduce energy consumption and harmonic distortion. Copper windings in DC motors offer high torque and are used in applications such as blower motors and torque motors. Overload protection and containment measures are essential considerations In the use of DC motors to ensure safety and prevent damage.
      • The DC motor market faces challenges due to supply chain issues and lockdowns, which can disrupt production and delivery. However, the market is expected to continue growing due to the increasing demand for energy-efficient and precise motor solutions.

        • What are the market trends shaping the Direct Current (Dc) Motor Industry?

        Development of sensor-less BLDC motor is the upcoming market trend.

      • The market encompasses various industries, including appliances, power windows in automobiles, computer peripherals, discrete industry, HVAC, BLDC motors in powertrain systems, chassis, safety fittings, and urbanization. BLDC motors, a type of DC motor, offer advantages such as high efficiency, faster response, and noise-free operations due to the absence of mechanical commutation components. However, they require sensors for electronic commutation, which increases design complexity and wiring requirements, limiting their application in harsh conditions. The global energy economy, driven by the IEA, is shifting towards energy-efficient motors, including DC motors, to reduce carbon emissions. The car manufacturing industry, electric vehicle (EV) market, and industrial robots in consumer electronics, healthcare, and IoT sectors are significant contributors to the DC motor market's growth.
      • The US government's focus on energy efficiency and the increasing adoption of smart AC motors and variable speed drives in HVAC systems further propel the market. Despite challenges like overload and harmonic distortion, DC motors, including torque motors and blower motors, continue to be essential components in various applications. companies like Texas Instruments are addressing the challenges by providing sensorless drive systems for BLDC motors, reducing design complexity and eliminating the need for hall sensors. The DC motor market's future growth is expected to be influenced by advancements in energy-efficient motors, AI, and the increasing demand for electric vehicles.
      • However, supply chain issues and containment measures due to the ongoing pandemic have created challenges for the market. Nevertheless, the market is expected to recover and grow as the world adapts to the new normal.

        • What challenges does the Direct Current (Dc) Motor Industry face during its growth?

        Excessive heat generation leading to subdued DC motor performance is a key challenge affecting the industry growth.

      • DC Motors: Market Dynamics and Performance Challenges in Appliances, Industries, and Transportation DC motors, a critical component in various appliances, industries, and transportation systems, have gained significant attention due to their energy-efficiency and high-performance advantages. In appliances, DC motors are extensively used in power windows, computer peripherals, and consumer electronics. In the discrete industry and HVAC sector, BLDC motors are increasingly preferred for their superior efficiency and longevity in powertrain systems and chassis applications. However, DC motors face challenges such as overload and harmonic distortion, which can lead to motor overheating and reduced efficiency. Overload occurs due to factors like low insulation resistance or harsh operating conditions, while motor winding resistance contributes to heat generation when current is passed through copper windings to generate torque.
      • The HVAC industry, automobiles, electric vehicles (EVs), and industrial robots are significant users of DC motors. In the urbanization and lifestyle context, smart AC motors and IoT applications are growing areas of adoption. Artificial intelligence (AI) and energy-efficient motors are also gaining traction in various industries. The US government and the International Energy Agency (IEA) have initiated containment measures and incentives to promote the adoption of energy-efficient motors, addressing the challenges of overload and harmonic distortion. Variable speed drives, AHUs, and torque motors are some of the DC motor types that benefit from these initiatives. In conclusion, DC motors' market dynamics revolve around their applications in various industries and the challenges of overload and harmonic distortion.
      • Addressing these challenges through technological advancements and regulatory measures will ensure the continued growth and efficiency of DC motors In the global energy economy.

        • Exclusive Customer Landscape

        The direct current (dc) motor market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the direct current (dc) motor market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

        Direct Current (Dc) Motor Market Share by Geography

         Customer Landscape

        Key Companies & Market Insights

        Companies are implementing various strategies, such as strategic alliances, direct current (dc) motor market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence In the industry.

        ABB Ltd. - The DC motor market encompasses various motor types, including DMI DC motors, which deliver consistent power and efficiency. These motors are characterized by their unidirectional flow of electric current, making them suitable for applications requiring precise speed control and high torque. The DC motor market caters to diverse industries, including transportation, renewable energy, and manufacturing, with applications ranging from electric vehicles to industrial machinery. The demand for DC motors is driven by factors such as energy efficiency, reliability, and ease of control. As technology advances, DC motors continue to evolve, offering improved performance and enhanced functionality.

        The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:

        • ABB Ltd.
        • Allied Motion Technologies Inc.
        • Altra Industrial Motion Corp.
        • AMETEK Inc.
        • ASSUN MOTOR Pte Ltd.
        • ElectroCraft Inc.
        • Johnson Electric Holdings Ltd.
        • maxon motor AG
        • MinebeaMitsumi Inc.
        • Mitsubishi Electric Corp.
        • Nidec Corp.
        • North American Electric Inc.
        • OMRON Corp.
        • Oriental Motor Co. Ltd.
        • Regal Beloit Corp.
        • Rockwell Automation Inc.
        • Schneider Electric SE
        • Siemens AG
        • Teknic Inc.
        • Yaskawa Electric Corp.

        Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

        Research Analyst Overview

        Direct Current (DC) Motors: Market Overview and Trends Direct Current (DC) motors have been a vital component of various industries for decades. These motors convert electrical energy into mechanical energy through the interaction between the motor's magnetic field and current-carrying conductors. DC motors offer several advantages, such as easy speed control, high starting torque, and simple construction. This article provides an in-depth analysis of the DC motor market, focusing on market dynamics and trends. The DC motor market is influenced by several factors, including technological advancements, energy efficiency, and industrial automation. Technological innovations in DC motor designs, such as Brushless DC (BLDC) motors and permanent magnet motors, have gained significant traction due to their energy efficiency and longer operational life.

        These motors have found applications in various sectors, including consumer electronics, automobiles, and industrial automation. Energy efficiency is a critical factor driving the growth of the DC motor market. As the global energy economy evolves, there is a growing emphasis on energy-efficient solutions. DC motors offer energy savings compared to traditional AC motors, making them an attractive option for industries looking to reduce their energy consumption. Additionally, the increasing adoption of renewable energy sources and the integration of smart grids are expected to further boost the demand for DC motors. Industrial automation is another significant market for DC motors.

        The manufacturing industry relies heavily on automation for efficient production processes. DC motors offer several advantages in industrial automation applications, such as precise speed control, high power density, and easy integration with control systems. The growing trend of Industry 4.0 and the Internet of Things (IoT) is expected to further increase the demand for DC motors in industrial automation. The DC motor market is also influenced by various trends, such as the increasing adoption of electric vehicles (EVs) and the development of variable speed drives. The automotive industry is witnessing a shift towards electric vehicles, which use DC motors for propulsion.

        The growing popularity of electric vehicles is expected to drive the demand for DC motors In the automotive sector. Additionally, the development of variable speed drives for DC motors has led to their increased use in HVAC systems, pumps, and fans, among other applications. The DC motor market is subject to several challenges, including overload and harmonic distortion. Overload can cause damage to the motor and reduce its operational life. Harmonic distortion can affect the overall efficiency of the power system and lead to increased energy consumption. To address these challenges, containment measures such as overload protection devices and harmonic filters are being developed and adopted.

        In conclusion, the DC motor market is driven by several factors, including technological advancements, energy efficiency, and industrial automation. The market is expected to grow significantly due to the increasing adoption of DC motors in various applications, such as electric vehicles, industrial automation, and HVAC systems. However, challenges such as overload and harmonic distortion need to be addressed to ensure the efficient and reliable operation of DC motors.

        Market Scope

        Report Coverage

        Details

        Page number

        174

        Base year

        2023

        Historic period

        		 2018-2022

        Forecast period

        2024-2028

        Growth momentum & CAGR

        Accelerate at a CAGR of 12.66%

        Market growth 2024-2028

        USD 25355.1 million

        Market structure

        Fragmented

        YoY growth 2023-2024(%)

        10.99

        Key countries

        China, US, Japan, Germany, and South Korea

        Competitive landscape

        Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

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        What are the Key Data Covered in this Direct Current (Dc) Motor Market Research and Growth Report?

        • CAGR of the Direct Current (Dc) Motor industry during the forecast period
        • Detailed information on factors that will drive the growth and forecasting between 2024 and 2028
        • Precise estimation of the size of the market and its contribution of the industry in focus to the parent market
        • Accurate predictions about upcoming growth and trends and changes in consumer behaviour
        • Growth of the market across APAC, North America, Europe, South America, and Middle East and Africa
        • Thorough analysis of the market’s competitive landscape and detailed information about companies
        • Comprehensive analysis of factors that will challenge the direct current (dc) motor market growth of industry companies

        We can help! Our analysts can customize this direct current (dc) motor market research report to meet your requirements.

        Get in touch

         

        1 Executive Summary

        • 1.1 Market overview
          • Executive Summary - Chart on Market Overview
          • Executive Summary - Data Table on Market Overview
          • Executive Summary - Chart on Global Market Characteristics
          • Executive Summary - Chart on Market by Geography
          • Executive Summary - Chart on Market Segmentation by Power Output
          • Executive Summary - Chart on Market Segmentation by Type
          • Executive Summary - Chart on Incremental Growth
          • Executive Summary - Data Table on Incremental Growth
          • Executive Summary - Chart on Company Market Positioning

        2 Market Landscape

        • 2.1 Market ecosystem
          • Parent Market
          • Data Table on - Parent Market
        • 2.2 Market characteristics
          • Market characteristics analysis
        • 2.3 Value chain analysis
          • Value Chain Analysis

        3 Market Sizing

        • 3.1 Market definition
          • Offerings of companies included in the market definition
        • 3.2 Market segment analysis
          • Market segments
        • 3.3 Market size 2023
          • 3.4 Market outlook: Forecast for 2023-2028
            • Chart on Global - Market size and forecast 2023-2028 ($ million)
            • Data Table on Global - Market size and forecast 2023-2028 ($ million)
            • Chart on Global Market: Year-over-year growth 2023-2028 (%)
            • Data Table on Global Market: Year-over-year growth 2023-2028 (%)

          4 Historic Market Size

          • 4.1 Global Direct Current (DC) Motor Market 2018 - 2022
            • Historic Market Size - Data Table on Global Direct Current (DC) Motor Market 2018 - 2022 ($ million)
          • 4.2 Power Output segment analysis 2018 - 2022
            • Historic Market Size - Power Output Segment 2018 - 2022 ($ million)
          • 4.3 Type segment analysis 2018 - 2022
            • Historic Market Size - Type Segment 2018 - 2022 ($ million)
          • 4.4 Geography segment analysis 2018 - 2022
            • Historic Market Size - Geography Segment 2018 - 2022 ($ million)
          • 4.5 Country segment analysis 2018 - 2022
            • Historic Market Size - Country Segment 2018 - 2022 ($ million)

          5 Five Forces Analysis

          • 5.1 Five forces summary
            • Five forces analysis - Comparison between 2023 and 2028
          • 5.2 Bargaining power of buyers
            • Bargaining power of buyers - Impact of key factors 2023 and 2028
          • 5.3 Bargaining power of suppliers
            • Bargaining power of suppliers - Impact of key factors in 2023 and 2028
          • 5.4 Threat of new entrants
            • Threat of new entrants - Impact of key factors in 2023 and 2028
          • 5.5 Threat of substitutes
            • Threat of substitutes - Impact of key factors in 2023 and 2028
          • 5.6 Threat of rivalry
            • Threat of rivalry - Impact of key factors in 2023 and 2028
          • 5.7 Market condition
            • Chart on Market condition - Five forces 2023 and 2028

          6 Market Segmentation by Power Output

          • 6.1 Market segments
            • Chart on Power Output - Market share 2023-2028 (%)
            • Data Table on Power Output - Market share 2023-2028 (%)
          • 6.2 Comparison by Power Output
            • Chart on Comparison by Power Output
            • Data Table on Comparison by Power Output
          • 6.3 Less than 750 W - Market size and forecast 2023-2028
            • Chart on Less than 750 W - Market size and forecast 2023-2028 ($ million)
            • Data Table on Less than 750 W - Market size and forecast 2023-2028 ($ million)
            • Chart on Less than 750 W - Year-over-year growth 2023-2028 (%)
            • Data Table on Less than 750 W - Year-over-year growth 2023-2028 (%)
          • 750 W to 375 kW - Market size and forecast 2023-2028
            • Chart on 750 W to 375 kW - Market size and forecast 2023-2028 ($ million)
            • Data Table on 750 W to 375 kW - Market size and forecast 2023-2028 ($ million)
            • Chart on 750 W to 375 kW - Year-over-year growth 2023-2028 (%)
            • Data Table on 750 W to 375 kW - Year-over-year growth 2023-2028 (%)
          • 6.5 More than 375 kW - Market size and forecast 2023-2028
            • Chart on More than 375 kW - Market size and forecast 2023-2028 ($ million)
            • Data Table on More than 375 kW - Market size and forecast 2023-2028 ($ million)
            • Chart on More than 375 kW - Year-over-year growth 2023-2028 (%)
            • Data Table on More than 375 kW - Year-over-year growth 2023-2028 (%)
          • 6.6 Market opportunity by Power Output
            • Market opportunity by Power Output ($ million)
            • Data Table on Market opportunity by Power Output ($ million)

          7 Market Segmentation by Type

          • 7.1 Market segments
            • Chart on Type - Market share 2023-2028 (%)
            • Data Table on Type - Market share 2023-2028 (%)
          • 7.2 Comparison by Type
            • Chart on Comparison by Type
            • Data Table on Comparison by Type
          • 7.3 Brushed DC motors - Market size and forecast 2023-2028
            • Chart on Brushed DC motors - Market size and forecast 2023-2028 ($ million)
            • Data Table on Brushed DC motors - Market size and forecast 2023-2028 ($ million)
            • Chart on Brushed DC motors - Year-over-year growth 2023-2028 (%)
            • Data Table on Brushed DC motors - Year-over-year growth 2023-2028 (%)
          • 7.4 Brushless DC motors - Market size and forecast 2023-2028
            • Chart on Brushless DC motors - Market size and forecast 2023-2028 ($ million)
            • Data Table on Brushless DC motors - Market size and forecast 2023-2028 ($ million)
            • Chart on Brushless DC motors - Year-over-year growth 2023-2028 (%)
            • Data Table on Brushless DC motors - Year-over-year growth 2023-2028 (%)
          • 7.5 Market opportunity by Type
            • Market opportunity by Type ($ million)
            • Data Table on Market opportunity by Type ($ million)

          8 Customer Landscape

          • 8.1 Customer landscape overview
            • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

          9 Geographic Landscape

          • 9.1 Geographic segmentation
            • Chart on Market share by geography 2023-2028 (%)
            • Data Table on Market share by geography 2023-2028 (%)
          • 9.2 Geographic comparison
            • Chart on Geographic comparison
            • Data Table on Geographic comparison
          • 9.3 APAC - Market size and forecast 2023-2028
            • Chart on APAC - Market size and forecast 2023-2028 ($ million)
            • Data Table on APAC - Market size and forecast 2023-2028 ($ million)
            • Chart on APAC - Year-over-year growth 2023-2028 (%)
            • Data Table on APAC - Year-over-year growth 2023-2028 (%)
          • 9.4 North America - Market size and forecast 2023-2028
            • Chart on North America - Market size and forecast 2023-2028 ($ million)
            • Data Table on North America - Market size and forecast 2023-2028 ($ million)
            • Chart on North America - Year-over-year growth 2023-2028 (%)
            • Data Table on North America - Year-over-year growth 2023-2028 (%)
          • 9.5 Europe - Market size and forecast 2023-2028
            • Chart on Europe - Market size and forecast 2023-2028 ($ million)
            • Data Table on Europe - Market size and forecast 2023-2028 ($ million)
            • Chart on Europe - Year-over-year growth 2023-2028 (%)
            • Data Table on Europe - Year-over-year growth 2023-2028 (%)
          • 9.6 South America - Market size and forecast 2023-2028
            • Chart on South America - Market size and forecast 2023-2028 ($ million)
            • Data Table on South America - Market size and forecast 2023-2028 ($ million)
            • Chart on South America - Year-over-year growth 2023-2028 (%)
            • Data Table on South America - Year-over-year growth 2023-2028 (%)
          • 9.7 Middle East and Africa - Market size and forecast 2023-2028
            • Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
            • Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
            • Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
            • Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
          • 9.8 China - Market size and forecast 2023-2028
            • Chart on China - Market size and forecast 2023-2028 ($ million)
            • Data Table on China - Market size and forecast 2023-2028 ($ million)
            • Chart on China - Year-over-year growth 2023-2028 (%)
            • Data Table on China - Year-over-year growth 2023-2028 (%)
          • 9.9 US - Market size and forecast 2023-2028
            • Chart on US - Market size and forecast 2023-2028 ($ million)
            • Data Table on US - Market size and forecast 2023-2028 ($ million)
            • Chart on US - Year-over-year growth 2023-2028 (%)
            • Data Table on US - Year-over-year growth 2023-2028 (%)
          • 9.10 Japan - Market size and forecast 2023-2028
            • Chart on Japan - Market size and forecast 2023-2028 ($ million)
            • Data Table on Japan - Market size and forecast 2023-2028 ($ million)
            • Chart on Japan - Year-over-year growth 2023-2028 (%)
            • Data Table on Japan - Year-over-year growth 2023-2028 (%)
          • 9.11 Germany - Market size and forecast 2023-2028
            • Chart on Germany - Market size and forecast 2023-2028 ($ million)
            • Data Table on Germany - Market size and forecast 2023-2028 ($ million)
            • Chart on Germany - Year-over-year growth 2023-2028 (%)
            • Data Table on Germany - Year-over-year growth 2023-2028 (%)
          • 9.12 South Korea - Market size and forecast 2023-2028
            • Chart on South Korea - Market size and forecast 2023-2028 ($ million)
            • Data Table on South Korea - Market size and forecast 2023-2028 ($ million)
            • Chart on South Korea - Year-over-year growth 2023-2028 (%)
            • Data Table on South Korea - Year-over-year growth 2023-2028 (%)
          • 9.13 Market opportunity by geography
            • Market opportunity by geography ($ million)
            • Data Tables on Market opportunity by geography ($ million)

          10 Drivers, Challenges, and Opportunity/Restraints

          • 10.1 Market drivers
            • 10.2 Market challenges
              • 10.3 Impact of drivers and challenges
                • Impact of drivers and challenges in 2023 and 2028
              • 10.4 Market opportunities/restraints

                11 Competitive Landscape

                • 11.1 Overview
                  • 11.2 Competitive Landscape
                    • Overview on criticality of inputs and factors of differentiation
                  • 11.3 Landscape disruption
                    • Overview on factors of disruption
                  • 11.4 Industry risks
                    • Impact of key risks on business

                  12 Competitive Analysis

                  • 12.1 Companies profiled
                    • Companies covered
                  • 12.2 Market positioning of companies
                    • Matrix on companies position and classification
                  • 12.3 ABB Ltd.
                    • ABB Ltd. - Overview
                    • ABB Ltd. - Business segments
                    • ABB Ltd. - Key news
                    • ABB Ltd. - Key offerings
                    • ABB Ltd. - Segment focus
                  • 12.4 Allied Motion Technologies Inc.
                    • Allied Motion Technologies Inc. - Overview
                    • Allied Motion Technologies Inc. - Product / Service
                    • Allied Motion Technologies Inc. - Key offerings
                  • 12.5 AMETEK Inc.
                    • AMETEK Inc. - Overview
                    • AMETEK Inc. - Business segments
                    • AMETEK Inc. - Key news
                    • AMETEK Inc. - Key offerings
                    • AMETEK Inc. - Segment focus
                  • 12.6 ASSUN MOTOR Pte Ltd.
                    • ASSUN MOTOR Pte Ltd. - Overview
                    • ASSUN MOTOR Pte Ltd. - Product / Service
                    • ASSUN MOTOR Pte Ltd. - Key offerings
                  • 12.7 ElectroCraft Inc.
                    • ElectroCraft Inc. - Overview
                    • ElectroCraft Inc. - Product / Service
                    • ElectroCraft Inc. - Key offerings
                  • 12.8 Johnson Electric Holdings Ltd.
                    • Johnson Electric Holdings Ltd. - Overview
                    • Johnson Electric Holdings Ltd. - Business segments
                    • Johnson Electric Holdings Ltd. - Key news
                    • Johnson Electric Holdings Ltd. - Key offerings
                    • Johnson Electric Holdings Ltd. - Segment focus
                  • 12.9 maxon motor AG
                    • maxon motor AG - Overview
                    • maxon motor AG - Product / Service
                    • maxon motor AG - Key offerings
                  • 12.10 MinebeaMitsumi Inc.
                    • MinebeaMitsumi Inc. - Overview
                    • MinebeaMitsumi Inc. - Business segments
                    • MinebeaMitsumi Inc. - Key offerings
                    • MinebeaMitsumi Inc. - Segment focus
                  • 12.11 Nidec Corp.
                    • Nidec Corp. - Overview
                    • Nidec Corp. - Business segments
                    • Nidec Corp. - Key news
                    • Nidec Corp. - Key offerings
                    • Nidec Corp. - Segment focus
                  • 12.12 North American Electric Inc.
                    • North American Electric Inc. - Overview
                    • North American Electric Inc. - Product / Service
                    • North American Electric Inc. - Key offerings
                  • 12.13 OMRON Corp.
                    • OMRON Corp. - Overview
                    • OMRON Corp. - Business segments
                    • OMRON Corp. - Key news
                    • OMRON Corp. - Key offerings
                    • OMRON Corp. - Segment focus
                  • 12.14 Regal Beloit Corp.
                    • Regal Beloit Corp. - Overview
                    • Regal Beloit Corp. - Business segments
                    • Regal Beloit Corp. - Key offerings
                    • Regal Beloit Corp. - Segment focus
                  • 12.15 Schneider Electric SE
                    • Schneider Electric SE - Overview
                    • Schneider Electric SE - Business segments
                    • Schneider Electric SE - Key news
                    • Schneider Electric SE - Key offerings
                    • Schneider Electric SE - Segment focus
                  • 12.16 Siemens AG
                    • Siemens AG - Overview
                    • Siemens AG - Business segments
                    • Siemens AG - Key news
                    • Siemens AG - Key offerings
                    • Siemens AG - Segment focus
                  • 12.17 Yaskawa Electric Corp.
                    • Yaskawa Electric Corp. - Overview
                    • Yaskawa Electric Corp. - Business segments
                    • Yaskawa Electric Corp. - Key news
                    • Yaskawa Electric Corp. - Key offerings
                    • Yaskawa Electric Corp. - Segment focus

                  13 Appendix

                  • 13.1 Scope of the report
                    • 13.2 Inclusions and exclusions checklist
                      • Inclusions checklist
                      • Exclusions checklist
                    • 13.3 Currency conversion rates for US$
                      • Currency conversion rates for US$
                    • 13.4 Research methodology
                      • Research methodology
                    • 13.5 Data procurement
                      • Information sources
                    • 13.6 Data validation
                      • Data validation
                    • 13.7 Validation techniques employed for market sizing
                      • Validation techniques employed for market sizing
                    • 13.8 Data synthesis
                      • Data synthesis
                    • 13.9 market analysis
                      •  market analysis
                    • 13.10 List of abbreviations
                      • List of abbreviations

                    Research Methodology

                    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                    INFORMATION SOURCES

                    Primary sources

                    • Manufacturers and suppliers
                    • Channel partners
                    • Industry experts
                    • Strategic decision makers

                    Secondary sources

                    • Industry journals and periodicals
                    • Government data
                    • Financial reports of key industry players
                    • Historical data
                    • Press releases

                    DATA ANALYSIS

                    Data Synthesis

                    • Collation of data
                    • Estimation of key figures
                    • Analysis of derived insights

                    Data Validation

                    • Triangulation with data models
                    • Reference against proprietary databases
                    • Corroboration with industry experts

                    REPORT WRITING

                    Qualitative

                    • Market drivers
                    • Market challenges
                    • Market trends
                    • Five forces analysis

                    Quantitative

                    • Market size and forecast
                    • Market segmentation
                    • Geographical insights
                    • Competitive landscape

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                    Frequently Asked Questions

                    Direct Current (Dc) Motor market growth will increase by $ 25355.1 mn during 2024-2028.

                    The Direct Current (Dc) Motor market is expected to grow at a CAGR of 12.66% during 2024-2028.

                    Direct Current (Dc) Motor market is segmented by Power Output( Less than 750 W, 750 W to 375 kW, More than 375 kW) Type( Brushed DC motors, Brushless DC motors)

                    ABB Ltd., Allied Motion Technologies Inc., Altra Industrial Motion Corp., AMETEK Inc., ASSUN MOTOR Pte Ltd., ElectroCraft Inc., Johnson Electric Holdings Ltd., maxon motor AG, MinebeaMitsumi Inc., Mitsubishi Electric Corp., Nidec Corp., North American Electric Inc., OMRON Corp., Oriental Motor Co. Ltd., Regal Beloit Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Teknic Inc., Yaskawa Electric Corp. are a few of the key vendors in the Direct Current (Dc) Motor market.

                    APAC will register the highest growth rate of 61% among the other regions. Therefore, the Direct Current (Dc) Motor market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.

                    China, US, Japan, Germany, South Korea

                    • Rising factory automation and use of industrial robotsWith the growing demand for products from across industries is the driving factor this market.
                    • such as household appliances is the driving factor this market.
                    • healthcare is the driving factor this market.
                    • and automotive is the driving factor this market.
                    • the need for production in less time with high accuracy is increasing. Automation is the driving factor this market.
                    • one of the significant trends in these industries is the driving factor this market.
                    • can fulfill such requirements. Advances in the IoT and artificial intelligence (AI) have facilitated the use of robots in manufacturing processes. For instance is the driving factor this market.
                    • robots are used to pick silicon wafers is the driving factor this market.
                    • which are used in the production of semiconductors is the driving factor this market.
                    • from one place and position them at another with high precision. According to the International Federation of Robotics is the driving factor this market.
                    • 50% of industrial robots are used in the automobile manufacturing industry. As robots are integrated with BLDC motors for precision motion is the driving factor this market.
                    • the growing adoption of robots will propel the market growth rate during the forecast period. The process and discrete industry is increasingly adopting automated material handling systems is the driving factor this market.
                    • as these aid in increasing operational efficiency and reducing lead time. Various types of DC motors are widely adopted in automated material handling equipment due to their accuracy in providing control and precision. Hence is the driving factor this market.
                    • the demand for DC motors in end-user industries is increasing is the driving factor this market.
                    • thus propelling the growth of the global DC motors market during the forecast period. is the driving factor this market.

                    The Direct Current (Dc) Motor market vendors should focus on grabbing business opportunities from the Less than 750 W segment as it accounted for the largest market share in the base year.