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Brushless DC Motors Market by Product, End-user, and Geography - Forecast and Analysis 2021-2025

  • Published: Jun 2021
  • Pages: 120
  • SKU: IRTNTR40863
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The brushless dc motors market share is expected to increase by USD 2.65 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 4.36%.

This brushless dc motors market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers brushless dc motors market segmentation by product (less than 750 W, between 750 W and 3 kW, more than 75 kW, and between 3 kW and 75 kW), end-user (industrial, consumer durables, automotive, aerospace and defense, and healthcare), and geography (APAC, North America, Europe, South America, and MEA). The brushless dc motors market report also offers information on several market vendors, including Allied Motion Technologies Inc., AMETEK Inc., Bühler Motor GmbH, FAULHABER Group, Johnson Electric, and Maxon Motor AG, MinebeaMitsumi, Moog Inc., Nidec Corp., and Oriental Motor Co. Ltd. among others.

What will the Brushless DC Motors Market Size be During the Forecast Period?

Brushless DC Motors Market Size

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Brushless DC Motors Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The increasing use of bldc in consumer durables is notably driving the brushless dc motors market growth, although factors such as innovations in drive electronics of brushed dc motors may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the brushless DC motors industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Brushless DC Motors Market Driver

The increasing use of BLDC in consumer durables is a major factor driving the global brushless DC motors market share growth. Many consumer durables products such as air conditioners, washing machines, electric fans, and microwave ovens have moving parts. Reliability, low maintenance, and energy-efficiency requirement are criteria consumers seek while buying these products. BLDC motors fulfill all these criteria as they do not have brushes that cause wear and tear and frictional losses. Frictions typically occur in a brushed DC motor for commutation. BLDC motors are commuted electronically; therefore, they are sometimes called electronically commuted motors (ECMs). The cost of electrical systems converting AC power into DC power has been reduced, increasing the use of BLDC motors. The use of BLDC motors is also increasing in cordless power tools, such as cordless screwdrivers or drills, as these motors are compact compared with the brushed DC motors. The former has a high power density, and tools last longer on a single charge. This growth is expected to increase the demand for BLDC motors during the forecast period.

Key Brushless DC Motors Market Trend

The development of sensor-less BLDC motors is another factor supporting the global brushless DC motors market share growth. A BLDC motor does not have components for mechanical commutation found in a brushed DC motor. These components cause frictional losses, wear and tear, and noise. Therefore, BLDC motors offer high efficiency, fast response, and noise-free operations. However, BLDC motors require sensors for electronic commutation. Sensors, although effective, increase the complexity of the design of BLDC motors. This is primarily because of the additional wiring required to limit their application in harsh conditions such as high temperature or humidity. The development of sensorless technology has eliminated a few of the mentioned drawbacks. A few vendors, such as Texas Instruments, provide drive systems for BLDC motors that do not need a hall sensor for determining the position of rotors. This new technology uses back electromotive force (EMF) for position feedback. This reduces the requirement for costly hall sensors and complex controllers in many applications. Due to such reasons, the market will grow during the forecast period.

Key Brushless DC Motors Market Challenge

The innovations in drive electronics of brushed DC motors will be a major challenge for the global brushless DC motors market share growth during the forecast period. Despite many advantages of BLDC motors, brushed DC motors are still used for various less demanding and cost-sensitive applications such as seat adjustment control and power windows cars in automotive applications. Moreover, many methods have been devised to overcome the inherent weaknesses in a brushed DC motor, making them suitable for a few demanding applications. The development of a speed ripple controller makes existing brushed DC motors, in some applications, as effective as BLDC motors at a lower cost than BLDC motors. Speed ripple controller helps brushed DC motors in delivering optimal performance and reduces the performance gap that existed between brushed DC motors and BLDC motors. Similarly, stepper motors are significantly preferred in certain medical applications such as dosing. This preference is primarily because the cost of programmable stepper motors has come down. These developments prevent the global BLDC motors market from achieving its potential growth rate.

This brushless dc motors market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Parent Market Analysis

Technavio categorizes the global brushless DC motors market as a part of the global electrical components and equipment market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the brushless dc motors market during the forecast period.

Who are the Major Brushless DC Motors Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Allied Motion Technologies Inc.
  • AMETEK Inc.
  • Bühler Motor GmbH
  • FAULHABER Group
  • Johnson Electric
  • Maxon Motor AG
  • MinebeaMitsumi
  • Moog Inc.
  • Nidec Corp.
  • Oriental Motor Co. Ltd.

 

This statistical study of the brushless dc motors market encompasses successful business strategies deployed by the key vendors. The brushless dc motors market is fragmented and the vendors are deploying growth strategies such as the introduction of innovative and technologically advanced products to gain a competitive advantage to compete in the market.

Product Insights and News

  • Allied Motion Technologies Inc.- The company offers a wide range of brushless dc motors such as brushless dc motors with drives, brushless servo motors, frameless direct drive servo motors, and housed direct drive servo motors.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The brushless dc motors market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Brushless DC Motors Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the brushless dc motors market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of the global electrical components and equipment market includes the following core components:

  • Inputs
  • Inbound logistics
  • Operations
  • Outbound logistics
  • Marketing and sales
  • Service
  • Support activities
  • Innovation

The report has further elucidated on other innovative approaches being followed by manufacturers to ensure a sustainable market presence.

Which are the Key Regions for Brushless DC Motors Market?

Brushless DC Motors Market Market segmentation by region

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64% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for the brushless dc motors market in APAC. Market growth in this region will be faster than the growth of the market in all other regions.

Factory automation will facilitate the brushless dc motors market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

 In 2020, the outbreak of the COVID-19 pandemic affected the growth of several industries, including automotive, industrial machinery, construction, aerospace and defense, electrical and electronics, and hospitality, in the region. Several manufacturing units were locked, and sales were put on hold due to the implementation of lockdown measures by governments in the region to ensure public safety. Such initiatives adversely impacted the demand for brushless DC motors. Therefore, with the adverse impact of COVID-19, the growth of the market is expected to decline in the region, primarily during 2020-2021. However, the gradual containment of COVID-19 with the initiation of vaccine drives is expected to drive the regional market in focus during the forecast period.

What are the Revenue-generating Product Segments in the Brushless DC Motors Market?

Brushless DC Motors Market Segmentation

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The brushless dc motors market share growth by the less than 750 W segment will be significant during the forecast period. BLDC motors of this market segment are gaining wide acceptance in various motion applications because of their energy efficiency which makes them smaller, lighter, and quieter for the given power output. Therefore, they are suitable for various automotive and white goods applications.

This report provides an accurate prediction of the contribution of all the segments to the growth of the brushless dc motors market size and actionable market insights on post COVID-19 impact on each segment.

 

Brushless DC Motors Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 4.36%

Market growth 2021-2025

$ 2.65 billion

Market structure

Fragmented

YoY growth (%)

12.69

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 64%

Key consumer countries

China, US, Japan, Germany, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Allied Motion Technologies Inc., AMETEK Inc., Bühler Motor GmbH, FAULHABER Group, Johnson Electric, Maxon Motor AG, MinebeaMitsumi, Moog Inc., Nidec Corp., and Oriental Motor Co. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

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What are the Key Data Covered in this Brushless DC Motors Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive brushless DC motors market growth during the next five years
  • Precise estimation of the brushless DC motors market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the brushless DC motors industry across APAC, North America, Europe, South America, and MEA
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of brushless DC motors market vendors

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1 Executive Summary

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 01: Parent market
    • Exhibit 02: Market characteristics
  • 2.2 Value chain analysis
    • Exhibit 03: Value chain analysis: Electrical components and equipment market

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 04: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 05: Market segments
  • 3.3 Market size 2020
    • 3.4 Market outlook: Forecast for 2020 - 2025
      • Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
      • Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 08: Five forces analysis 2020 & 2025
    • 4.2 Bargaining power of buyers
      • Exhibit 09: Bargaining power of buyers
    • 4.3 Bargaining power of suppliers
      • Exhibit 10: Bargaining power of suppliers
    • 4.4 Threat of new entrants
      • Exhibit 11: Threat of new entrants
    • 4.5 Threat of substitutes
      • Exhibit 12: Threat of substitutes
    • 4.6 Threat of rivalry
      • Exhibit 13: Threat of rivalry
    • 4.7 Market condition
      • Exhibit 14: Market condition - Five forces 2020

    5 Market Segmentation by Product

    • 5.1 Market segments
      • Exhibit 15: Product - Market share 2020-2025 (%)
    • 5.2 Comparison by Product
      • Exhibit 16: Comparison by Product
    • 5.3 Less than 750 W - Market size and forecast 2020-2025
      • Exhibit 17: Less than 750 W - Market size and forecast 2020-2025 ($ million)
      • Exhibit 18: Less than 750 W - Year-over-year growth 2020-2025 (%)
    • 5.4 Between 750 W and 3 kW - Market size and forecast 2020-2025
      • Exhibit 19: Between 750 W and 3 kW - Market size and forecast 2020-2025 ($ million)
      • Exhibit 20: Between 750 W and 3 kW - Year-over-year growth 2020-2025 (%)
    • 5.5 More than 75 kW - Market size and forecast 2020-2025
      • Exhibit 21: More than 75 kW - Market size and forecast 2020-2025 ($ million)
      • Exhibit 22: More than 75 kW - Year-over-year growth 2020-2025 (%)
    • 5.6 Between 3 kW and 75 kW - Market size and forecast 2020-2025
      • Exhibit 23: Between 3 kW and 75 kW - Market size and forecast 2020-2025 ($ million)
      • Exhibit 24: Between 3 kW and 75 kW - Year-over-year growth 2020-2025 (%)
    • 5.7 Market opportunity by Product
      • Exhibit 25: Market opportunity by Product

    6 Market Segmentation by End-user

    • 6.1 Market segments
      • 6.2 Comparison by End-user
        • 6.3 Industrial - Market size and forecast 2020-2025
          • Exhibit 28: Industrial - Market size and forecast 2020-2025 ($ million)
          • Exhibit 29: Industrial - Year-over-year growth 2020-2025 (%)
        • 6.4 Consumer durables - Market size and forecast 2020-2025
          • Exhibit 30: Consumer durables - Market size and forecast 2020-2025 ($ million)
          • Exhibit 31: Consumer durables - Year-over-year growth 2020-2025 (%)
        • 6.5 Automotive - Market size and forecast 2020-2025
          • Exhibit 32: Automotive - Market size and forecast 2020-2025 ($ million)
          • Exhibit 33: Automotive - Year-over-year growth 2020-2025 (%)
        • 6.6 Aerospace and defense - Market size and forecast 2020-2025
          • Exhibit 34: Aerospace and defense - Market size and forecast 2020-2025 ($ million)
          • Exhibit 35: Aerospace and defense - Year-over-year growth 2020-2025 (%)
        • 6.7 Healthcare - Market size and forecast 2020-2025
          • Exhibit 36: Healthcare - Market size and forecast 2020-2025 ($ million)
          • Exhibit 37: Healthcare - Year-over-year growth 2020-2025 (%)
        • 6.8 Market opportunity by End-user
          • Exhibit 38: Market opportunity by End-user

        7 Customer landscape

        • 7.1 Customer landscape
          • Exhibit 39: Customer landscape

        8 Geographic Landscape

        • 8.1 Geographic segmentation
          • Exhibit 40: Market share by geography 2020-2025 (%)
        • 8.2 Geographic comparison
          • Exhibit 41: Geographic comparison
        • 8.3 APAC - Market size and forecast 2020-2025
          • Exhibit 42: APAC - Market size and forecast 2020-2025 ($ million)
          • Exhibit 43: APAC - Year-over-year growth 2020-2025 (%)
        • 8.4 North America - Market size and forecast 2020-2025
          • Exhibit 44: North America - Market size and forecast 2020-2025 ($ million)
          • Exhibit 45: North America - Year-over-year growth 2020-2025 (%)
        • 8.5 Europe - Market size and forecast 2020-2025
          • Exhibit 46: Europe - Market size and forecast 2020-2025 ($ million)
          • Exhibit 47: Europe - Year-over-year growth 2020-2025 (%)
        • 8.6 South America - Market size and forecast 2020-2025
          • Exhibit 48: South America - Market size and forecast 2020-2025 ($ million)
          • Exhibit 49: South America - Year-over-year growth 2020-2025 (%)
        • 8.7 MEA - Market size and forecast 2020-2025
          • Exhibit 50: MEA - Market size and forecast 2020-2025 ($ million)
          • Exhibit 51: MEA - Year-over-year growth 2020-2025 (%)
        • 8.8 Key leading countries
          • Exhibit 52: Key leading countries
        • 8.9 Market opportunity by geography
          • Exhibit 53: Market opportunity by geography ($ million)

        9 Drivers, Challenges, and Trends

        • 9.1 Market drivers
          • 9.2 Market challenges
            • Exhibit 54: Impact of drivers and challenges
          • 9.3 Market trends

            10 Vendor Landscape

            • 10.1 Overview
              • Exhibit 55: Vendor landscape
            • 10.2 Landscape disruption
              • Exhibit 56: Landscape disruption
              • Exhibit 57: Industry risks

            11 Vendor Analysis

            • 11.1 Vendors covered
              • Exhibit 58: Vendors covered
            • 11.2 Market positioning of vendors
              • Exhibit 59: Market positioning of vendors
            • 11.3 Allied Motion Technologies Inc.
              • Exhibit 60: Allied Motion Technologies Inc. - Overview
              • Exhibit 61: Allied Motion Technologies Inc. - Business segments
              • Exhibit 62: Allied Motion Technologies Inc. - Key news
              • Exhibit 63: Allied Motion Technologies Inc. - Key offerings
            • 11.4 AMETEK Inc.
              • Exhibit 64: AMETEK Inc. - Overview
              • Exhibit 65: AMETEK Inc. - Business segments
              • Exhibit 66: AMETEK Inc. - Key offerings
              • Exhibit 67: AMETEK Inc. - Segment focus
            • 11.5 Buhler Motor GmbH
              • Exhibit 68: Buhler Motor GmbH - Overview
              • Exhibit 69: Buhler Motor GmbH - Product and service
              • Exhibit 70: Buhler Motor GmbH - Key offerings
            • 11.6 FAULHABER MICROMO LLC
              • Exhibit 71: FAULHABER MICROMO LLC - Overview
              • Exhibit 72: FAULHABER MICROMO LLC - Product and service
              • Exhibit 73: FAULHABER MICROMO LLC - Key news
              • Exhibit 74: FAULHABER MICROMO LLC - Key offerings
            • 11.7 Johnson Electric Holdings Ltd.
              • Exhibit 75: Johnson Electric Holdings Ltd. - Overview
              • Exhibit 76: Johnson Electric Holdings Ltd. - Product and service
              • Exhibit 77: Johnson Electric Holdings Ltd. - Key offerings
            • 11.8 maxon motor AG
              • Exhibit 78: maxon motor AG - Overview
              • Exhibit 79: maxon motor AG - Product and service
              • Exhibit 80: maxon motor AG - Key news
              • Exhibit 81: maxon motor AG - Key offerings
            • 11.9 MinebeaMitsumi Inc.
              • Exhibit 82: MinebeaMitsumi Inc. - Overview
              • Exhibit 83: MinebeaMitsumi Inc. - Business segments
              • Exhibit 84: MinebeaMitsumi Inc. - Key news
              • Exhibit 85: MinebeaMitsumi Inc. - Key offerings
              • Exhibit 86: MinebeaMitsumi Inc. - Segment focus
            • 11.10 Moog Inc.
              • Exhibit 87: Moog Inc. - Overview
              • Exhibit 88: Moog Inc. - Business segments
              • Exhibit 89: Moog Inc. - Key offerings
              • Exhibit 90: Moog Inc. - Segment focus
            • 11.11 Nidec Corp.
              • Exhibit 91: Nidec Corp. - Overview
              • Exhibit 92: Nidec Corp. - Business segments
              • Exhibit 93: Nidec Corp. - Key offerings
              • Exhibit 94: Nidec Corp. - Segment focus
            • 11.12 Oriental Motor Co. Ltd.
              • Exhibit 95: Oriental Motor Co. Ltd. - Overview
              • Exhibit 96: Oriental Motor Co. Ltd. - Product and service
              • Exhibit 97: Oriental Motor Co. Ltd. - Key news
              • Exhibit 98: Oriental Motor Co. Ltd. - Key offerings

            12 Appendix

            • 12.1 Scope of the report
              • 12.2 Currency conversion rates for US$
                • Exhibit 99: Currency conversion rates for US$
              • 12.3 Research methodology
                • Exhibit 100: Research Methodology
                • Exhibit 101: Validation techniques employed for market sizing
                • Exhibit 102: Information sources
              • 12.4 List of abbreviations
                • Exhibit 103: List of abbreviations

              Research Framework

              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.

              TechnavioINFORMATION 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
              Technavio

              TechnavioDATA 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
              Technavio

              TechnavioREPORT 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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              Brushless DC Motors Market market growth will increase by $2.65 bn during 2021-2025.
              The brushless dc motors market market is expected to grow at a CAGR of 4.36% during 2021-2025.
              Technavio has segmented the brushless dc motors market market by product (less than 750 W, between 750 W and 3 kW, more than 75 kW, and between 3 kW and 75 kW) ,end user (industrial, consumer durables, automotive, aerospace and defense, and healthcare) , and geography (APAC, North America, Europe, South America, and MEA).
              Allied Motion Technologies Inc., AMETEK Inc., Bühler Motor GmbH, FAULHABER Group, Johnson Electric, Maxon Motor AG, MinebeaMitsumi, Moog Inc., Nidec Corp., Oriental Motor Co. Ltd. are a few of the key vendors in the brushless dc motors market market.
              APAC will register the highest growth rate of 64% among the other regions. Therefore, the brushless dc motors market market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the brushless dc motors market market growth are:
              • Increasing use of BLDC in consumer durables
              • Development of sensor-less BLDC motor
              The brushless dc motors market 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.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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