India Brushless DC Motor Market Research Report Forecast to 2027

The India brushless DC motor market is rapidly growing due to the demand for HVAC systems increasing in India owing to the continuous growth of the commercial and industrial sectors. In addition, the deployment of smart technologies includes the use of smartphone applications that help users control ventilation, lighting, and other systems from one control point. Brushless DC motors are also referred to as “inside-out permanent magnet motors” or BLDC. They have their magnets on the rotating part of the motor instead of on the stationary part. Further, product properties such as low maintenance, thermal resistance, long life, and the ability to work under extreme temperatures are pushing end-users purchasing decisions in favor of BLDC over conventional motors. 

The India brushless DC motor market is expected to grow significantly during the study period, primarily due to the increasing product demand from the HVAC application segment. Moreover, the growing robotics technology is expected to present a promising growth opportunity for the players operating in the Indian market. However, the high maintenance costs are expected to restrict the market's growth during the forecast period. 

Market Segmentation
The India brushless DC motor market is projected to grow at 9.8% CAGR during the forecast period, 2021–2027. The India brushless DC motor market has been segmented based on type, speed, and end-user. Based on type, the India brushless DC motor market has been segmented into the inner rotor and outer rotor. The inner rotor segment is expected to grow at 8.8% during the forecast period. In 2020, the inner rotor segment held a share of 81.9% of the India brushless DC motor market.
Based on speed, the India brushless DC motor market has been segmented into less than 500 RPM, 501 RPM to 2,000 RPM, 2,000 RPM to 10,000 RPM, and above 10,000 RPM. The 2,000 RPM to 10,000 RPM speed segment is expected to grow at 9.6% during the forecast period. In 2020, the 2,000 RPM to 10,000 RPM segment held a 31.5% share of the India brushless DC motor market. 

Based on end-user, the India brushless DC motor market has been segmented into consumer electronics, automotive, manufacturing, healthcare, and others. The automotive segment is expected to grow at 7.8% during the forecast period. In 2020, the automotive segment held a 27.3% share of the India brushless DC motor market.

Major Players
The key players associated with the India Brushless DC motor market are Aatrael Electric Machine Engineering LLP, Digilab Technologies, Sumit Engineering Works, Spark Motors Private Limited, Robocraft Impex, Sri Electronics & Embedded Solutions, Allied Motion Technologies, ARC Systems, Anaheim Automation, Toshiba Corporation, Siemens, and General Electric.

COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.