sales@intentmarketresearch.com

  +1 463-583-2713

Brushless DC Motor Market By Type (Inner Rotor Brushless DC Motors, Outer Rotor Brushless DC Motors), By Power Rating (Less than 500 W, 500 W to 1 kW, 1 kW to 5 kW, More than 5 kW), By Application (Industrial Automation, Automotive, Consumer Electronics, Healthcare Equipment, Aerospace & Defense); Global Insights & Forecast (2024 - 2030)

Published: December, 2024  
|   Report ID: EP4266  
|   Energy and Power

As per Intent Market Research, the Brushless DC Motor Market was valued at USD 11.2 billion in 2023 and will surpass USD 18.3 billion by 2030; growing at a CAGR of 7.3% during 2024 - 2030.

The brushless DC motor market is experiencing robust growth, driven by the increasing demand for energy-efficient and high-performance motors across various industries. Brushless DC (BLDC) motors are favored for their superior efficiency, reliability, and low maintenance requirements compared to traditional brushed motors. As industries continue to adopt automation and advanced technologies, the application of brushless DC motors is expanding, facilitating innovation in diverse sectors such as automotive, consumer electronics, healthcare, and aerospace. With the global push toward sustainability and energy conservation, the demand for efficient motor solutions is expected to surge, propelling the brushless DC motor market to new heights.

The market landscape is evolving with technological advancements, resulting in the development of smarter and more compact brushless DC motors. Key players are focusing on enhancing performance capabilities while reducing production costs, enabling wider adoption across various applications. As companies strive to improve efficiency and reduce operational costs, the brushless DC motor market is well-positioned for sustained growth in the coming years.

Inner Rotor Brushless DC Motors Segment Is Largest Owing to Versatility

Among the various types of brushless DC motors, inner rotor brushless DC motors dominate the market due to their versatility and widespread use in numerous applications. The design of inner rotor motors, which positions the rotor inside the stator, allows for higher torque density and more compact designs, making them ideal for applications requiring high power in a limited space. This design also contributes to improved heat dissipation, enhancing overall motor efficiency.

The versatility of inner rotor brushless DC motors makes them particularly suitable for industrial automation, automotive applications, and consumer electronics. Industries are increasingly adopting these motors for their ability to provide precise control, smooth operation, and energy efficiency. As technology advances, manufacturers are continuously developing inner rotor designs that optimize performance for specific applications, thus solidifying their position as the largest segment in the brushless DC motor market.

 

Brushless DC Motor Market By Type

Less Than 500 W Power Rating Segment Is Fastest Growing Owing to Rising Demand for Small Devices

In terms of power ratings, the segment of brushless DC motors with a rating of less than 500 W is the fastest growing. This segment is driven by the increasing demand for compact and lightweight motor solutions in consumer electronics, healthcare equipment, and small industrial applications. The trend towards miniaturization in various devices is fueling the adoption of low-power brushless DC motors, as they offer a balance of performance and efficiency.

The rise of portable electronic devices, such as drones, electric bicycles, and medical devices, is particularly influencing this growth. Manufacturers are seeking efficient and reliable motor solutions that can deliver the required performance while maintaining compact form factors. As industries continue to prioritize energy efficiency and performance in small-scale applications, the demand for brushless DC motors rated at less than 500 W is expected to accelerate, contributing significantly to market growth.

Industrial Automation Segment Is Largest Application Owing to Increased Adoption of Automation Technologies

Within the various applications of brushless DC motors, the industrial automation segment stands out as the largest contributor to market growth. The adoption of automation technologies across manufacturing processes is a key driver for the demand for efficient and reliable motor solutions. Brushless DC motors are favored in automation due to their ability to provide precise control, high efficiency, and low maintenance requirements, making them ideal for a wide range of applications, including robotics, conveyor systems, and CNC machines.

As industries increasingly focus on optimizing production efficiency and reducing operational costs, the need for advanced motor solutions that can withstand rigorous operating conditions has become paramount. The industrial automation sector's continuous investment in upgrading machinery and implementing smart manufacturing solutions further propels the demand for brushless DC motors. Consequently, the industrial automation segment is expected to maintain its leadership position within the brushless DC motor market.

North America Is Largest Region Owing to Advanced Industrial Base

Geographically, North America emerges as the largest region in the brushless DC motor market, driven by its advanced industrial base and high adoption of automation technologies. The presence of key players in the region, coupled with significant investments in research and development, fosters innovation and the deployment of advanced motor technologies. The growing emphasis on energy efficiency and sustainability among manufacturers in North America further supports the demand for brushless DC motors across various sectors.

Additionally, the automotive industry's shift towards electric vehicles and the increasing integration of brushless DC motors in consumer electronics are contributing to the region's growth. As North American manufacturers continue to adopt and implement advanced motor solutions, the brushless DC motor market is poised for continued expansion within this region.

Brushless DC Motor Market By Type

Competitive Landscape and Leading Companies

The brushless DC motor market is characterized by a competitive landscape with several key players striving to establish their market presence through innovation and strategic partnerships. Leading companies such as Maxon Motor, Nidec Corporation, and Siemens are at the forefront of developing advanced brushless DC motor technologies. These companies invest heavily in research and development to enhance motor performance and efficiency, ensuring they meet the evolving needs of various industries.

Recent Developments:

  • Nidec Corporation announced the launch of a new series of high-efficiency brushless DC motors aimed at the automotive industry
  • Siemens AG expanded its brushless motor portfolio to include models designed for renewable energy applications
  • Mitsubishi Electric Corporation revealed a strategic partnership to develop advanced motor control systems for robotics
  • Rockwell Automation introduced innovative brushless DC motors with enhanced torque control features for industrial applications
  • ABB Ltd. secured a major contract to supply brushless DC motors for a large-scale renewable energy project in Europe

List of Leading Companies:

  • Nidec Corporation
  • Maxon Motor AG
  • Siemens AG
  • Mitsubishi Electric Corporation
  • Schneider Electric
  • Rockwell Automation, Inc.
  • ABB Ltd.
  • Johnson Electric Holdings Limited
  • Parker Hannifin Corporation
  • Applied Motion Products, Inc.
  • Delta Electronics, Inc.
  • Faulhaber Group
  • Oriental Motor Co., Ltd.
  • Buehler Motor GmbH
  • Hangzhou Royalstar Technology Co., Ltd.

Report Scope:

Report Features

Description

Market Size (2023)

USD 11.2 billion

Forecasted Value (2030)

USD 18.3 billion

CAGR (2024 – 2030)

7.3%

Base Year for Estimation

2023

Historic Year

2022

Forecast Period

2024 – 2030

Report Coverage

Market Forecast, Market Dynamics, Competitive Landscape, Recent Developments

Segments Covered

Brushless DC Motor Market By Type (Inner Rotor Brushless DC Motors, Outer Rotor Brushless DC Motors), By Power Rating (Less than 500 W, 500 W to 1 kW, 1 kW to 5 kW, More than 5 kW), By Application (Industrial Automation, Automotive, Consumer Electronics, Healthcare Equipment, Aerospace & Defense)

Regional Analysis

North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, Australia, India, and Rest of Asia-Pacific), Latin America (Brazil, Argentina, and Rest of Latin America), Middle East & Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)

Major Companies

Nidec Corporation, Maxon Motor AG, Siemens AG, Mitsubishi Electric Corporation, Schneider Electric, Rockwell Automation Inc., ABB Ltd., Johnson Electric Holdings Limited, Parker Hannifin Corporation, Applied Motion Products Inc., Delta Electronics Inc., Faulhaber Group, Oriental Motor Co.,  Ltd., Buehler Motor GmbH, Hangzhou Royalstar Technology Co.,  Ltd.

Customization Scope

Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements

1. Introduction

   1.1. Market Definition

   1.2. Scope of the Study

   1.3. Research Assumptions

   1.4. Study Limitations

2. Research Methodology

   2.1. Research Approach

      2.1.1. Top-Down Method

      2.1.2. Bottom-Up Method

      2.1.3. Factor Impact Analysis

  2.2. Insights & Data Collection Process

      2.2.1. Secondary Research

      2.2.2. Primary Research

   2.3. Data Mining Process

      2.3.1. Data Analysis

      2.3.2. Data Validation and Revalidation

      2.3.3. Data Triangulation

3. Executive Summary

   3.1. Major Markets & Segments

   3.2. Highest Growing Regions and Respective Countries

   3.3. Impact of Growth Drivers & Inhibitors

   3.4. Regulatory Overview by Country

4. Brushless DC Motor Market, by Type (Market Size & Forecast: USD Million, 2022 – 2030)

   4.1. Inner Rotor Brushless DC Motors

   4.2. Outer Rotor Brushless DC Motors

5. Brushless DC Motor Market, by Power Rating (Market Size & Forecast: USD Million, 2022 – 2030)

   5.1. Less than 500 W

   5.2. 500 W to 1 kW

   5.3. 1 kW to 5 kW

   5.4. More than 5 kW

6. Brushless DC Motor Market, by Application (Market Size & Forecast: USD Million, 2022 – 2030)

   6.1. Industrial Automation

   6.2. Automotive

   6.3. Consumer Electronics

   6.4. Healthcare Equipment

   6.5. Aerospace & Defense

   6.6. Others

7. Regional Analysis (Market Size & Forecast: USD Million, 2022 – 2030)

   7.1. Regional Overview

   7.2. North America

      7.2.1. Regional Trends & Growth Drivers

      7.2.2. Barriers & Challenges

      7.2.3. Opportunities

      7.2.4. Factor Impact Analysis

      7.2.5. Technology Trends

      7.2.6. North America Brushless DC Motor Market, by Type

      7.2.7. North America Brushless DC Motor Market, by Power Rating

      7.2.8. North America Brushless DC Motor Market, by Application

      7.2.9. By Country

         7.2.9.1. US

               7.2.9.1.1. US Brushless DC Motor Market, by Type

               7.2.9.1.2. US Brushless DC Motor Market, by Power Rating

               7.2.9.1.3. US Brushless DC Motor Market, by Application

         7.2.9.2. Canada

         7.2.9.3. Mexico

    *Similar segmentation will be provided for each region and country

   7.3. Europe

   7.4. Asia-Pacific

   7.5. Latin America

   7.6. Middle East & Africa

8. Competitive Landscape

   8.1. Overview of the Key Players

   8.2. Competitive Ecosystem

      8.2.1. Level of Fragmentation

      8.2.2. Market Consolidation

      8.2.3. Product Innovation

   8.3. Company Share Analysis

   8.4. Company Benchmarking Matrix

      8.4.1. Strategic Overview

      8.4.2. Product Innovations

   8.5. Start-up Ecosystem

   8.6. Strategic Competitive Insights/ Customer Imperatives

   8.7. ESG Matrix/ Sustainability Matrix

   8.8. Manufacturing Network

      8.8.1. Locations

      8.8.2. Supply Chain and Logistics

      8.8.3. Product Flexibility/Customization

      8.8.4. Digital Transformation and Connectivity

      8.8.5. Environmental and Regulatory Compliance

   8.9. Technology Readiness Level Matrix

   8.10. Technology Maturity Curve

   8.11. Buying Criteria

9. Company Profiles

   9.1. Nidec Corporation

      9.1.1. Company Overview

      9.1.2. Company Financials

      9.1.3. Product/Service Portfolio

      9.1.4. Recent Developments

      9.1.5. IMR Analysis

    *Similar information will be provided for other companies 

   9.2. Maxon Motor AG

   9.3. Siemens AG

   9.4. Mitsubishi Electric Corporation

   9.5. Schneider Electric

   9.6. Rockwell Automation, Inc.

   9.7. ABB Ltd.

   9.8. Johnson Electric Holdings Limited

   9.9. Parker Hannifin Corporation

   9.10. Applied Motion Products, Inc.

   9.11. Delta Electronics, Inc.

   9.12. Faulhaber Group

   9.13. Oriental Motor Co., Ltd.

   9.14. Buehler Motor GmbH

   9.15. Hangzhou Royalstar Technology Co., Ltd.

10. Appendix

 

Let us connect with you TOC

I have read the Terms & Conditions and Privacy Policy I agree to its terms

A comprehensive market research approach was employed to gather and analyze data on the Brushless DC Motor Market. In the process, the analysis was also done to analyze the parent market and relevant adjacencies to measure the impact of them on the Brushless DC Motor Market. The research methodology encompassed both secondary and primary research techniques, ensuring the accuracy and credibility of the findings.

Research Approach - Brushless DC Motor Market  - 

Secondary Research

Secondary research involved a thorough review of pertinent industry reports, journals, articles, and publications. Additionally, annual reports, press releases, and investor presentations of industry players were scrutinized to gain insights into their market positioning and strategies.

Primary Research

Primary research involved conducting in-depth interviews with industry experts, stakeholders, and market participants across the Brushless DC Motor ecosystem. The primary research objectives included:

  • Validating findings and assumptions derived from secondary research
  • Gathering qualitative and quantitative data on market trends, drivers, and challenges
  • Understanding the demand-side dynamics, encompassing end-users, component manufacturers, facility providers, and service providers
  • Assessing the supply-side landscape, including technological advancements and recent developments

Market Size Assessment

A combination of top-down and bottom-up approaches was utilized to analyze the overall size of the Brushless DC Motor Market. These methods were also employed to assess the size of various subsegments within the market. The market size assessment methodology encompassed the following steps:

  1. Identification of key industry players and relevant revenues through extensive secondary research
  2. Determination of the industry's supply chain and market size, in terms of value, through primary and secondary research processes
  3. Calculation of percentage shares, splits, and breakdowns using secondary sources and verification through primary sources

Bottom Up and Top Down - Brushless DC Motor Market

Data Triangulation

To ensure the accuracy and reliability of the market size, data triangulation was implemented. This involved cross-referencing data from various sources, including demand and supply side factors, market trends, and expert opinions. Additionally, top-down and bottom-up approaches were employed to validate the market size assessment.

Let us connect with you


I have read the Terms & Conditions and Privacy Policy I agree to its terms
Available Formats
REPORT BUYING OPTIONS


Buy Now