Global Brushless DC Motor Market Size, Share, Opportunities, And Trends By Type (Inner-Rotor, Outer-Rotor, Disk-Rotor), By Phases (Single Phase, Three Phase), By End-Users (Electrical & Electronics, Aerospace, Marine, Automotive, Manufacturing, Others), And By Geography - Forecasts From 2023 To 2028

  • Published : Oct 2023
  • Report Code : KSI061614066
  • Pages : 134

The brushless DC motor market is projected to grow at a CAGR of 8.47% over the forecast period, increasing from US$10.915 billion in 2021 to reach a total market size of US$19.281 billion by 2028.

A brushless DC motor (BLDC motor or BL motor) is a type of electric motor that generates motion using magnets. It is described as brushless because it does not require brushes or a commutator, which are prevalent in traditional brushed DC motors. BLDC motors, on the other hand, use electronic commutation to control the flow of current to the motor windings, resulting in rotation. Recent product launches in the market are aiding the brushless DC motor market growth in the projected period. For instance, in April 2021 SDP/SI launched a new series of brushless DC motor and motion control products. The increasing launch of such products is anticipated to aid the brushless DC motor market to increase in the forecast period.

Growing knowledge of the benefits of DC motor

BLDC motors have gained recognition in the brushless DC motor market due to their several benefits such as efficiency, BLDC motors are found to be more efficient than traditional motors as they have less wear and tear over time and there are no brushes present. The lack of physical contact reduces friction and minimizes energy loss, resulting in improved overall efficiency. Secondly, they have a higher torque-to-weight ratio which means they are more powerful, this can prove to be advantageous in applications where space and weight are a constraint.  

Increasing use of brushless DC motors in the automotive industry

Brushless DC (BLDC) motors have a comprehensive range of applications in the automotive industry due to their efficiency, reliability, and precise control. Firstly, these BLDC motors are used in electric and hybrid vehicles (EVs and HEVs). BLDC motors are extensively employed in the propulsion systems of electric and hybrid vehicles. In hybrid automobiles, they are used to power the electric wheels or to help the internal combustion engine. Moreover, they provide great efficiency and power-to-weight ratios in electric vehicles, contributing to extended driving range and improved fuel economy in hybrid vehicles.

Growth in sales of electric cars

According to the International Energy Agency (IEA), the share of electric cars in total sales of cars has tripled in three years, which means the share in 2020 was 4% which increased to 14% in 2022. The IEA suggests that there would be strong EV growth in 2023 as well. In the first quarter of 2023, 2.3 million EV cars were sold, which is a 25% increase in sales compared to the same time frame in 2022, and the total EV cars to be sold by the end of the year is anticipated to be 14 million cars, that is 35% year-on-year growth. The sales of EVs are majorly driven by countries such as China, the European Union, the United States, and others. The sales of electric cars in China in 2021 was 3.3 million cars which is expected to increase to 8.0 million cars in 2023. Similarly, in Europe, the sales jumped from 2.3 million cars in 2021 to 3.4 million cars in 2023, and in the United States, the sales of electric cars are anticipated to more than double from 2021 to 2023. The increasing use of electric cars in different countries is anticipated to boost the brushless DC motor market growth for brushless DC motors in the coming years. 

North America is anticipated to be the fastest-growing market

The North American region was estimated to grow significantly driven by increasing demand for energy-efficient and high-performance motors across various industries. The Asia Pacific market is fueled by rapid industrialization, technological advancements, and the expansion of automation in various sectors, whereas the Middle East and Africa are influenced by the growing adoption of these motors in applications such as robotics, renewable energy, and automotive industries, along with increasing investments in infrastructure development.

The United States is anticipated to be the fastest-growing country in the North American region

The increasing adoption of automation and robotics in manufacturing, logistics, and various industries is a significant driver. Brushless DC motors are favored in these applications due to their precision, high efficiency, and reliability, making them essential components for automation systems. Brushless DC motors are used in a variety of robotic applications, such as actuators, manipulators, and end effectors. Moreover, the United States is committed to reducing its reliance on fossil fuels and increasing the use of renewable energy sources. Brushless DC motors are used in a variety of renewable energy applications, such as solar and wind turbines. For example, the Enphase IQ8 microinverter launched in 2022 uses a brushless DC motor and is the first grid-forming microinverter capable of efficiently converting DC power into AC power while offering split-phase power conversion capability.

The surge in sales of BEV and PHEV in the United States

The surge in Battery Electric Vehicle (BEV) and Plug-in Hybrid Electric Vehicle (PHEV) sales in the USA from 2019 to 2022 reflects a significant shift toward electric mobility. This shift has a direct impact on the growth of the brushless DC motor market. BEVs and PHEVs rely on brushless DC motors for crucial functions like power steering and electric traction. As the number of electric vehicles on the road increases, so does the demand for these motors. Additionally, the growth in electric vehicle manufacturing contributes to the expansion of the brushless DC motor market, often accompanied by technological advancements to meet evolving electric vehicle requirements.

Market Key Developments

  • In February 2023, Toshiba Electronic Device & Storage Corporation (“Toshiba”) launched “TB9083FTG” a gate-driver IC that can be used for automotive brushless DC motors and the application of this product is for electric power steering (EPS), electric brakes, and shift-by-wire.
  • In February 2022, mjbots Robotic Systems introduced a significant update to their open-source brushless DC electric motor controller, enhancing it with a versatile I/O system that greatly widens the range of compatible feedback encoders and peripheral devices the controller can accommodate.

Global Brushless DC Motor Market Scope:

 

Report Metric Details
Market Size Value in 2021 US$10.915 billion
Market Size Value in 2028 US$19.281 billion
Growth Rate CAGR of 8.47% from 2021 to 2028
Base Year 2021
Forecast Period 2023 – 2028
Forecast Unit (Value) USD Billion
Segments Covered Type, Phases, End-Users, and Geography
Regions Covered North America, South America, Europe, Middle East and Africa, Asia Pacific
Companies Covered Allied Motion Inc., Ametek Inc., ARC System Inc., Changzhou Fulling Motor Co., Ltd, Mabuchi Motor Co. Ltd, Maxon Group, Nanotec Electronic GmbH & Co Kg., Nidec Corporation, Oriental Motor USA (Oriental Motor Co. Ltd), Sinotec Inc.
Customization Scope Free report customization with purchase

 

Segmentation:

  • By Type
    • Inner-Rotor
    • Outer-Rotor
    • Disk-Rotor
  • By Phases
    • Single-Phase
    • Three-Phase
  • By End-User
    • Electrical & Electronics
    • Aerospace
    • Marine
    • Automotive
    • Manufacturing
    • Others
  • By Geography
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • United Kingdom
      • Germany
      • France
      • Spain
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Others
    • Asia Pacific
      • China
      • Japan
      • India
      • South Korea
      • Australia
      • Others

Frequently Asked Questions (FAQs)

The global brushless DC motor market is expected to grow at a CAGR of 8.47% during the forecast period.
The brushless DC motor market is expected to reach a total market size of US$19.281 billion by 2028.
Brushless DC Motor Market was valued at US$10.915 billion in 2021.
The North America region holds a significant share of the brushless DC motor market due to the growing automotive and electronics sectors in China, India, and Japan.
The growing electrical & electronic device production is augmenting the demand for brushless DC motors.

1.  INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Assumptions

3. EXECUTIVE SUMMARY

3.1. Research Highlights

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Force Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. BRUSHLESS DC MOTOR MARKET, BY TYPE 

5.1. Introduction

5.2. Inner-Rotor

5.3. Outer-Rotor

5.4. Disk-Rotor

6. BRUSHLESS DC MOTOR MARKET, BY PHASES

6.1. Introduction

6.2. Single-Phase

6.3. Three-Phase

7. BRUSHLESS DC MOTOR MARKET, BY END-USER

7.1. Introduction 

7.2. Electrical & Electronics

7.3. Aerospace

7.4. Marine

7.5. Automotive

7.6. Manufacturing

7.7. Others

8. BRUSHLESS DC MOTOR MARKET, BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. By Type

8.2.2. By Phases

8.2.3. By End-User

8.2.4. By Country

8.2.4.1. United States

8.2.4.2. Canada

8.2.4.3. Mexico

8.3. South America

8.3.1. By Type

8.3.2. By Phases

8.3.3. By End-User

8.3.4. By Country

8.3.4.1. Brazil

8.3.4.2. Argentina

8.3.4.3. Others

8.4. Europe

8.4.1. By Type

8.4.2. By Phases

8.4.3. By End-User

8.4.4. By Country

8.4.4.1. UK

8.4.4.2. Germany

8.4.4.3. France

8.4.4.4. Spain

8.4.4.5. Others

8.5. Middle East and Africa

8.5.1. By Type

8.5.2. By Phases

8.5.3. By End-User

8.5.4. By Country

8.5.4.1. Saudi Arabia

8.5.4.2. UAE

8.5.4.3. Others

8.6. Asia Pacific

8.6.1. By Type

8.6.2. By Phases

8.6.3. By End-User

8.6.4. By Country

8.6.4.1. China

8.6.4.2. Japan

8.6.4.3. India

8.6.4.4. South Korea

8.6.4.5. Australia

8.6.4.6. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Emerging Players and Market Lucrative

9.3. Mergers, Acquisition, Agreements, and Collaborations

9.4. Vendor Competitiveness Matrix

10. COMPANY PROFILES

10.1. Allied Motion Inc. 

10.2. Ametek Inc.

10.3. ARC System Inc.

10.4. Changzhou Fulling Motor Co., Ltd

10.5. Mabuchi Motor Co. Ltd

10.6. Maxon Group

10.7. Nanotec Electronic GmbH & Co Kg.

10.8. Nidec Corporation

10.9. Oriental Motor USA (Oriental Motor Co. Ltd)

10.10. Sinotech Inc.


Allied Motion Inc.

Ametek Inc.

ARC System Inc.

Changzhou Fulling Motor Co., Ltd

Mabuchi Motor Co. Ltd

Maxon Group

Nanotec Electronic GmbH & Co Kg.

Nidec Corporation

Oriental Motor USA (Oriental Motor Co. Ltd)

Sinotech Inc.