Brushless DC (BLDC) Motors Market By Application (Automobile, HVAC Equipment, Industrial Application, Aerospace And Defense, Utility Industry And Commercial Applications), By Power Capacity (Under 10kW, Power Capacity Between 10kW To 200kW And Power Capacity Above 200kW) - Growth, Share, Opportunities & Competitive Analysis) 2018 – 2026

DC brushless motors have experienced a speedy adoption across multiple industry verticals on account of unique benefits offered over conventional brushed DC motors. Some of the major benefits offered include minimal maintenance, greater operating speeds, less electrical noise, compactness, and better torque-to-weight ratio among others. On the contrary, DC brushless motors cost more than the conventional DC brushed motors since they need a rotor position sensor and motor drive controller for electronic commutation. However, the new trends in the design of DC brushless motor drives have emerged that are overcoming not only the cost issue, but also are providing performance capabilities that are not possible with traditional DC motors. This study on “Brushless DC Motors Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2018 – 2026” highlight key trends and opportunities in the global brushless DC Motors market.

The manufacturing sector, especially in developed economies like North America and Western Europe witnessed a gradual slowdown in the beginning of this decade owing to unstable economic conditions. However, with financial markets showing economic stability, the manufacturing sector in these regions is poised to regain its original growth levels, offering the necessary push to the market growth, especially during the first half of the forecast period. The resurgence in the manufacturing sectors has had positive impact on the industrial machinery and equipment market and subsequent demand for quality DC brushless motors in the region.

Even though the economic instability had relatively less effect on the Asia Pacific manufacturing sector, the automotive production in the region experienced moderately sluggish growth during the slack period. The automotive industry is one of the largest consumers of DC brushless electric motors. Apart from China, all other leading markets including India, Japan, Indonesia, and Thailand exhibited inconsistent growth in automotive production during the period, 2011 to 2015. However, each of these countries has witnessed a double digit growth in production from 2011 to 2015.

Increasing electricity expense has necessitated need for achieving energy efficiency and optimum energy management. DC brushless motors are seen as a potential solution to address energy efficiency challenges. According to the International Energy Agency, use of energy efficient DC brushless motors can reduce worldwide yearly electricity demand by at least 10%, thereby reducing the burden of electricity production. In addition, governments worldwide are enforcing strict guidelines and regulations for achieving energy efficiency and better managing this demand-supply gap. For instance, NEMA and ACEEE have introduced “cash for credit” program for early replacement of older and less efficient motors produced before 2009 with state-of-the-art energy efficient DC brushless motors. Such initiatives are promoting the use of high and premium efficiency motors across the globe.

The research study on brushless DC motors market includes in-depth analysis of the market driving and restraining factors related to global brushless DC motors industry. This study also includes current and future market trends in the global, regional and country level brushless DC motors market. The study also includes exhaustive information of demand-supply, technology development and pricing trends. High level analysis such as consumer behavior analysis, value chain and market attractive analysis included in the report helps industry players to identify key investment areas in this industry.

The demand for DC brushes motors is correlated with the growth in industrial, construction, and automotive markets since these are the prime consumers of DC brushless motors. These industries are highly cyclical in nature since they are greatly influenced by changes in the economic conditions. These industries being extremely susceptible to the economic expansion and contraction, the manufacturers realize the risk of continuing business with inconsistent profit margins.  Thus, the challenge for DC brushless manufacturers is to venture smoothly into other emerging segments, manufacturing motors by understanding distinct differences and requirements of each segment.

The rising number of manufacturers and suppliers of BLDC motors in each regional markets has ensured a highly competitive market where most manufacturers are struggling to gain meaningful differentiation. ABB Ltd, Nidec Corporation, Omron Automation Pvt Ltd, Danaher Motion LLC, and Toshiba International Corp are identified as the leading players operating in the global BLDC motors market. Manufacturers including Johnson Electric Holdings, Rockwell Automation Inc, Anaheim Automation Inc, TIMEIC Corporation and AMETEK Inc. are marked as promising and emerging players on account of their established presence across the globe and aggressive product development strategy.

The research study on brushless DC motors market offers market estimates and forecast for different type of BLDC motors and their market size in respective application segments. The report provides exhaustive analysis on BLDC market with market estimates for the period from 2016 to 2026. Market estimates are provided in terms of both revenue (US$ Bn) and volume (thousand units) for all categories of BLDC motors. This research study analyzes regional as well as country specific market for BLDC motors. The report provides historical market size of BLDC motors for the year 2016 and 2017 and forecast for the period, 2018 to 2026 by considering 2017 as a base year.  

The research study also profiles some major players in the global BLDC motors industry. Company profiles highlight business strategies, financial overview, major competitors, product offerings, recent developments and regional positioning of these manufacturers. The research study also includes in-depth analysis about industry competition, regional leaders and suppliers and positioning of key market players in the global market along with their market winning strategies.

The global brushless DC motors market is classified into following categories:

• By Power Capacity
  • Less than 10KW
  • 10KW to 200KW
  • Above 200KW
• By Design
  • Automobile
  • HVAC Equipment
  • Domestic Appliances
  • Industrial
  • Aerospace & Defense
  • Utility Industry
  • Commercial
• By Region
  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Rest of the World
    • Latin America
    • Middle East and Africa

The global brushless DC (BLDC) motors market is classified into four major regions i.e. North America, Europe, Asia Pacific and Rest of the World (RoW). The Rest of the brushless DC motors market is further classified into Latin America, Middle East and Africa.

In addition, we have covered following major countries in each regional market:

• North America
  • U.S.
  • Canada
• Europe
  • U.K.
  • Germany
  • France
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Rest of Asia Pacific
• Rest of the World
  • Latin America
  • Middle East and Africa
  •  

Asia Pacific accounts for the largest share, in terms of revenue and volume, of the overall brushless DC motors market worldwide. The BLDC motors market in this region is majorly backed by China, Japan and South Korea owing to its huge industrial and automotive sector. Recovering industrial sector is expected to provide further thrust to BLDC market in the region.

North America and Europe are also expected to witness steady growth with introduction of stringent energy consumption regulations in residential and industrial sectors. The U.S. represents the largest brushless DC motors market in North America. Department of Energy (DoE) and National Electrical Manufacturers Association (NEMA) are consistently working on development and implementation electricity consumption standards in order to curb electricity consumption by electric motors. 

The U.S. possesses among the most organized and largest industrial manufacturing and processing sectors worldwide. The most prominent industrial sectors in the nation include oil & gas, pulp & paper, food & beverages and construction & mining. Strong presence of these industries significantly contributes to healthy growth for the BLDC motors market here. For instance, in terms of production, the U.S. is among the highest producers of oil and natural gas across the globe. Similarly, the country is the second largest producer of automotive vehicles worldwide. Thus, the industrial application segment is projected to retain its dominant position in the market throughout the forecast period.