This global market research report includes a detailed segmentation of the brushless DC motors market by end-users such as industrial, consumer durables, automotive, aerospace and defence, and healthcare. It outlines market shares for key regions such as the Americas, APAC, and EMEA. The key vendors analyzed in this report are ABB, Nidec, AMETEK, Allied Motion Technologies, and ARC Systems.
Technavio’s market research analysts estimate the global brushless DC motor market, to grow at a CAGR of 13% by 2020. Brushless DC motor is a small, compact machine with high functionality, high output power, and low energy cost. It is is primarily used by green car manufacturers and organizations, such as NASA, owing to its fast motor response. However, the growing demand for electric vehicles is buoying the demand for brushless motor. APAC dominates the brushless DC motor market, as the region is witnessing increased production of electric vehicles in China and Japan.
“Of late, the DC motor manufacturers are integrating brushless DC motors with controllers, to eliminate the need to wire the motor, and offer a cleaner look. Brushless DC motor with integrated speed controller represent a simple and cost-effective solution to motion control the application needs. These are widely adopted by the emerging solar industry, as the technology has a low carbon footprint,” says Bharath Kanniappan, Lead Analyst, Industrial Automation, Technavio Research.
The new market research report from Technavio provides a breakdown and analysis of the brushless DC motor segments by technology.
The industrial sector is the largest end-user of the global brushless DC motors market. It is expected to post a CAGR of around 13% during the forecast period. The growth in building automation system has boosted the adoption of brushless DC motors because of their ability to provide precise motion control and ensure stable operation, which are critical factors for operational efficiency.
The leading players in the global brushless DC motor market include ABB, Nidec, AMETEK, Allied Motion Technologies, and ARC Systems. The market is well diversified with many global and regional vendors. Vendors are investing in R&D to compete in the market in terms of technology and pricing. They are facing constant price pressure from regional vendors, which is leading to a decline in the average selling price of these motors globally. However, the demand for technically advanced brushless DC motors will likely increase the ASP over the forecast period.
A more detailed analysis is available in the Technavio report, Global Brushless DC Motor Market 2016-2020.
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