Brushless DC Motor Market 2022 Global Size, Electronic Devices, Share, Demand, Regional Analysis, Growth, Outlook and Forecast to 2028 | Grand View Research, Inc.

“Grand View Research, Inc. – Market Research And Consulting.”
According to a new report published by Grand View Research, the ability of Brushless DC (BLDC) motors to save energy and increase the operational efficiency of equipment in which they are used is expected to drive the growth of the market over the forecast period. These motors offer optimum efficiency and reliability at the same time, which proves to be economical in the majority of applications, such as window lifters, air conditioners, and sun-roof actuators.

The global brushless DC motor market size is expected to reach USD 26.3 billion by 2028, registering a CAGR of 5.7% from 2021 to 2028, according to a study conducted by Grand View Research, Inc. These motors are thermally resistant, require low maintenance, and operate at low temperatures, eliminating any threat of sparks. Low-cost maintenance, high efficiency at lower costs, and the rising adoption of Electric Vehicles (EVs) are some of the key factors driving the product demand over the forecast period.

The emergence of sensor-less controls for brushless DC (BLDC) type is likely to boost the durability and reliability of the product, thereby reducing the number of mechanical misalignments, electrical connections, as well as the weight and size of the end product. These factors are further estimated to drive market growth over the forecast period. Furthermore, the growing production of vehicles, globally, to cope up with the rising demand is anticipated to have a positive impact on the market growth.

The product is extensively used in motorized vehicle applications, such as in sunroof systems, motorized seats, and adjustable mirrors. In addition, these powertrains are extensively being preferred for performance applications in vehicles, such as chassis fittings, power-train systems, and safety fittings, owing to simple structure, fewer maintenance requirements, and extended operational life. Thus, increasing product adoption by the automobile industry for multiple applications is anticipated to drive the market over the forecast period.

Rising product usage in EVs in mechatronic systems, primarily in batteries for accumulators and power electronic converters, owing to advantages, such as high operating speed, compact size, and quick response time, will also augment the market growth. The production of EVs is on the rise, globally, supported by government initiatives to encourage the usage of non-conventional fuels and effectively reduce the adverse impacts of carbon emissions. Thus, the increasing EV production is anticipated to directly influence the product demand over the forecast period.

 

Browse full report with Table of Content @ https://www.grandviewresearch.com/industry-analysis/brushless-dc-motors-market

 

Brushless DC Motor Market Report Highlights

The 0-750 Watts segment is expected to witness the fastest CAGR from 2021 to 2028 due to extensive applications of these products in motor vehicles and household devices applications
Extensive product usage in vehicles for a variety of applications, increased production of automobiles and EVs across the globe are anticipated to drive the growth of the motor vehicle end-use segment over the forecast period
The industrial machinery end-use segment accounted for the second-highest revenue share of over 24% of the global market in 2020
This growth was credited to the wide product usage in various industrial machines owing to its advantages, such as high efficiency, low power consumption, and low-cost maintenance
Asia Pacific is expected to emerge as the fastest-growing regional market registering a CAGR of over 6% from 2021 to 2028
Rapid industrialization in developing nations, such as China, India, and South Korea, has fueled product adoption in the regional market
The market is fragmented and most of the major companies are focusing on developing low-maintenance and eco-friendly products to gain a competitive edge

 

For Requesting a Sample Copy of This Report, Please Visit @ https://www.grandviewresearch.com/industry-analysis/brushless-dc-motors-market/request/rs1

 

Brushless DC Motor Market Segmentation

Grand View Research has segmented the global brushless DC motor market based on power output, end-use, and region:

Brushless DC Motors Power Output Outlook (Revenue, USD Million, 2016 – 2028)

0 – 750 Watts
750 Watts to 3 kW
3 kW – 75 kW
Above 75 kW

Brushless DC Motors End-use Outlook (Revenue, USD Million, 2016 – 2028)

Industrial Machinery
Motor Vehicles
Safety
Comfort
Performance
HVAC Equipment
Aerospace & Transportation
Household Appliances
Others

Brushless DC Motors Regional Outlook (Revenue, USD Million, 2016 – 2028)

North America
U.S.
Canada
Europe
U.K.
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Middle East & Africa

List of Key Players of Brushless DC (BLDC) Motor Market

ABB Ltd.
Ametek, Inc.
Johnson Electric
Allied Motion Technologies, Inc.
Baldor Electric Company, Inc.
Johnson Electric
North American Electric, Inc.
Schneider Electric
Regal Beloit Corp.

 

Inquire more or share questions if any before the purchase on this report @ https://www.grandviewresearch.com/inquiry/4247/ibb

 

About Grand View Research

 

Grand View Research is a market research and consulting company that offers market research reports, syndicated and customized reports. The company is headquartered in San Francisco, California. It offers client engagement for business consulting and market intelligence from various domains. The clientele is based across various countries with queries coming from more than 50 industries worldwide.

Grand View Research helps its clients to make informed decisions by helping them understand current trends and scenarios. Every year Grand View Research accomplishes more than 300 multi-country market studies to optimize consulting for clients.

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1888202951
Address:Grand View Research, Inc. 201 Spear Street 1100 San Francisco, CA 94105, United States
City: San Francisco
State: California
Country: United States
Website: https://www.grandviewresearch.com/industry-analysis/brushless-dc-motors-market