Published Date : 10 Apr 2023
Rapid industrialization and urbanization have accelerated the growth of the brushless DC motor market in the Asia Pacific countries. the Asia Pacific dominated with a revenue share of more than 50% in 2022.
The brushless DC motor market has a current business value of about USD 19.07 billion in 2022 and it is expected to grow 5.27% globally to touch around USD 31.87 billion by 2032.
The global brushless dc motor market growth is driven by rising automobile production, increasing development of advanced motor control technologies, increasing demand for electric vehicles, and increasing deployment of robots in several industries.
A brushless DC motor is a DC motor that is electrically commuted but does not have brushes. The controller provides current pulses to the motor windings, which regulate the synchronous motor's torque and speed. A brushless DC motor is comprised of a rotor in the form of a permanent magnet and a stator made of polyphase armature windings. It varies from a conventional dc motor in that it lacks brushes and commutation is performed electronically, with an electronic drive feeding the stator windings. Brushless DC motors are more popular than traditional DC motors.
In many aspects, BLDC motors outperform brushed DC motors, such as their ability to operate at high speeds, great efficiency, and improved heat dissipation. Brushless DC motor systems combine compact yet powerful brushless DC motors with high-performance drivers to provide exceptional energy savings, speed stability, and a wide speed control range. Permanent magnets move around a fixed armature in brushless motors, overcoming the challenge of connecting current to the armature.
Electronic commutation provides a wide range of flexibility and capabilities. These motors are extremely efficient at providing a high amount of torque across a wide speed range. Brushless DC motors (BLDC) have been a major emphasis for many motor manufacturers as they are becoming the preferred choice in many applications, particularly in the field of motor control technology. Brushless DC motors are widely used in industrial applications all over the world. Brushless DC motors have numerous significant benefits over other types of electric motors.
Brushless DC motors have made their way into many home objects and are expected to have a significant influence on the expansion of service robots both inside and outside of the industrial sector. This may include air conditioners, washing machines, and several other consumer electronics. Brushless DC motors are frequently employed in advanced technologies that demand low noise and low heat, particularly in machines that run continually. Brushless DC motors are quieter, lighter, and last much longer.
Brushless DC motors may offer far more accurate motion control because computers regulate the electrical current. Brushless DC motors' capacity to save energy and improve the operational efficiency of the equipment in which they are employed is likely to fuel market expansion during the forecast period.
Additionally, the market has grown as a result of the rising automation in industries such as food processing, logistics, and automotive. Furthermore, the rotation and heat control capabilities of brushless DC motors have generated a considerable opportunity for such motors to be used in the aerospace sector.
Brushless DC Motor Market Report Scope:
|Market Size in 2022||USD 19.07 Billion|
|Projected Forecast Value in 2032||USD 31.87 Billion|
|Growth Rate||5.27% from 2023 to 2032|
|Largest Market||Asia Pacific|
|Forecast Period||2023 to 2032|
|By Rotor Type||
|By Power Range||
|Regions Covered||North America, Europe, Asia-Pacific, Latin America and Middle East & Africa|
Asia Pacific accounted for a market share of more than 50% in 2022 owing to several government initiatives, the rising adoption of electric vehicles, increasing demand for technologically-advanced products, and rising demand for modern consumer electronics. The rapid industrialization and urbanization have accelerated the growth of the market in the Asia Pacific countries.
In addition, the growing automotive industry in countries such as China India, and Japan is projected to fuel the demand for brushless DC motors in the Asia Pacific region. On the other hand, the North America market is growing at a significant CAGR owing to the increasing adoption of motorized vehicles, government funding initiatives for electric vehicles to protect the environment from carbon emissions, and investments in developing advanced manufacturing technologies. in these regions.
Rising demand for various electronic devices
The rising demand for various electronic devices is anticipated to drive the Brushless DC Motor market during the forecast period. The growing urbanization and consumer awareness of eco-friendly products is positively influencing the growth of the market. Brushless DC motors are used in a variety of applications, including surgical devices, hand dryers, fans, compressors, pumps, and household appliances.
BLDC motors can be utilized in robotics due to their high torque-to-weight ratio, great efficiency, and accurate control capabilities. In addition, the growing popularity high-tech electronics such as drones and mobility scooters as well as the increasing use of electronics in the aerospace, automotive, and defense industries is also projected to boosting the market growth.
High installation cost
The high initial installation cost needed for brushless DC motors is projected to hamper the growth of the market. In addition, the fluctuation in the prices of raw materials based on supply and demand which highly impact the overall cost of the motor and is likely to limit the expansion of the global brushless DC motors market during the forecast period. The initial cost of a brushless DC motor is higher than a conventional motor.
Increasing demand for electric vehicles
The rapidly growing demand for electric vehicles is expected to boost the Brushless DC Motor market during the forecast period. The growing adoption of electric vehicles is helping to tackle issues such as oil dependency, global warming, and pollution. Government of various countries have implemented favorable policies to encourage and accelerate electric vehicles adoption as well as production. The rising adoption of electric vehicles in the automotive industry is projected to fuel the expansion of the brushless dc motor market in the coming years.
Brushless DC motors are widely utilized in electric cars due to their great efficiency, low maintenance requirements, and reliability. Electric vehicle makers choose BLDC motors in automobiles due to their improved efficiency, high operating speed, cheap maintenance, and rapid response. Brushless DC Motor run smoothly and quietly, and providing passengers with a comfortable driving experience.
Major Key Players:
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