Brushless DC Motor Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Brushless DC Motor Market Size - Analysis

Brushless DC Motor Market Trends

Brushless DC motors have emerged as one of the most promising technologies that satisfy the dual objectives of higher performance as well as energy savings. Compared to traditional brushed DC motors, brushless DC motors provide superior speed control and higher torque even at low RPMs. They also have a longer operational lifespan as there is no physical contact between the stationary part and the rotating part like in a brushed motor.

While initially higher in cost compared to universal motors or induction motors commonly used earlier, the total cost of ownership favors brushless DC motors over time due to energy savings. This has made industries willing to invest more in augmenting their motor fleets with energy-efficient brushless options.

Market Driver - Increased Adoption of Electric Vehicles Globally

Established leaders like Tesla continue to leverage innovative BLDC motor technologies to enhance performance and range of their cars continuously. New entrants in the EV space like NIO, Xpeng, Lucid etc. are also integrating powerful and efficient BLDC drive units at the core of their EV platforms.

Market Challenge - High Initial Costs of Brushless DC Motors

All these factors collectively make brushless DC motors much more expensive compared to brushed DC motors currently used in many applications. This price difference is a major hindrance for their mass adoption, especially in cost-sensitive and mass market applications.

One of the biggest opportunities for the brushless DC motor market lies in the expanding applications of robotics across different industries. Robots are increasingly being deployed for a wide variety of tasks across sectors like automotive, electronics, food and beverages, logistics, and warehousing.

The brushless DC motor market is well-positioned to leverage this opportunity by developing innovative motor solutions catering to emerging robotics applications. Customized products with advanced features like IP rating, sensor integration and safety controls will accelerate their usage in robotics. Expanding relationship between brushless DC motors and robotics is estimated to be a major growth driver for the brushless DC motor market.

Key winning strategies adopted by key players of Brushless DC Motor Market

Focus on innovation and new product development: Players like Nidec, Allied Motion, and Johnson Electric have attained strong market positions by continuously innovating and developing new products. For example, in 2019, Nidec launched an oil-free and air-cooled sensorless BLDC motor, expanding its e-mobility product portfolio.

Focus on fast growing applications: Players target applications witnessing high growth such as e-mobility, factory automation, HVAC, and medical devices. For example, over 2015-2019, Johnson Electric focused on developing motors and controls for e-mobility, with revenues from e-vehicles growing at over 15% annually.

Segmental Analysis of Brushless DC Motor Market

Insights, By Rotor Type: Rotor Design Innovation Fuels Inner Rotor Segment Growth

Significant improvements in 3D printing and micro-molding technologies have enabled manufacturers to produce increasingly complex yet lightweight inner rotor structures. At the same time, advances in rare-earth magnet materials provide designers with options to miniaturize magnetic circuits while boosting motor efficiency and torque density. These combined factors have spurred novel product concepts like integrated gear motors and direct drive fans, bolstering demand across a variety of industries.

In terms of power range, the 750 W-3 kW segment contributes 48.2% share due to its ability to serve a diverse array of applications. Motors in this mid-power range offer an attractive combination of decent efficiency and torque delivery along with reasonable size and cost. They can easily substitute traditional AC induction motors in many general machinery tasks involving moderate load handling or speed control requirements. Examples encompass conveyor lines, machine tools, blowers, mixers, small pumps and so on.

In terms of end user, the automotive segment contributes the highest share as the adoption of electric vehicles gains momentum on a global scale. Countries worldwide are formulating stringent emission norms along with fiscal incentives to promote battery-powered transport in a bid to curb air pollution and reduce dependence on fossil fuels.

Application scope has also widened beyond traction to include diverse chassis, steering, and comfort functions. With several automobile manufacturers now aiming to electrify over 50% of new vehicle sales within the next decade, unprecedented demand is taking shape for automotive-grade brushless DC motors optimized for reliability, efficiency and durability under adverse road conditions.

Additional Insights of Brushless DC Motor Market

• Brushless DC motors are highly efficient, energy-saving devices essential for industrial automation, robotics, and electric vehicles. The growing focus on sustainable energy and regulations promoting energy-efficient solutions are primary growth drivers. The Asia Pacific leads the brushless DC motor market, benefiting from increasing industrialization and electric vehicle adoption.

Competitive overview of Brushless DC Motor Market

The major players operating in the brushless DC motor market include Johnson Electric, ABB Ltd, Regal Beloit Corp, Baldor Electric Company, Inc., Allied Motion Technologies, Inc., North American Electric Inc., Electro Craft, Portescap, and Ametek, Inc.

Recent Developments in Brushless DC Motor Market

Brushless DC Motor Market Segmentation

• By Rotor Type
  • Inner Rotor
  • Outer Rotor
• By Power Range
  • 750 W-3 KW
  • 0-750 W
  • More than 3 KW
• By End User
  • Automotive
  • Industrial Machinery
  • Healthcare
  • HVAC Industry
  • Power Tools
  • Others
• By Speed
  • Less than 500 RPM
  • 501-2000 RPM
  • 2001-10000 RPM
  • More than 10000 RPM