Brushless DC Motor Market Size - By Market, By Type (Inner rotor and Outer rotor), By End-user (Oil & gas, Consumer electronics, Automotive, Manufacturing, Medical device, Industrial machinery, Others), By Power & Forecast, 2024 to 2032
Report ID: GMI8397
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Published Date: March 2024
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Report Format: PDF
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Premium Report Details
Base Year: 2023
Companies covered: 17
Tables & Figures: 250
Countries covered: 21
Pages: 220
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Brushless DC Motor Market Size
Brushless DC Motor Market size was valued at USD 12.5 billion in 2023 and is anticipated to grow at a CAGR of over 8% between 2024 and 2032, driven by the popularity of energy-efficient solutions. Industries across the world are increasingly focused on reducing energy consumption and improving overall efficiency as part of sustainability initiatives and regulatory requirements.
Brushless DC motors have lower energy requirements compared to traditional brushed DC motors and even AC induction motors, making them an attractive choice for a wide range of applications. For instance, in December 2022, Nidec Corporation created a single-phase, low-vibration, and low-cost brushless DC motor specifically designed for electric fans. The motor offers an unprecedented combination of cost-efficiency and performance.
Advancements in motor control technologies facilitate the development of miniaturized & integrated motor systems, catering to the rising demand for smaller & more compact motor solutions. Integrated control electronics, sensor technology, and advanced algorithms enable the design of compact & highly efficient brushless DC motor solutions for a wide range of applications. For instance, in February 2021, Portescap, a renowned global manufacturer specializing in miniature and specialty motors, unveiled its latest innovative 16ECS high-speed brushless motor, as an addition to its Ultra EC mini brushless DC motor platform.
Brushless DC motors require sophisticated electronic control systems for operation including sensor feedback and electronic commutation. Designing and implementing these control systems can be complex, requiring specialized knowledge and expertise, which can increase development costs and complexity. These systems require professional know-how in sensor selection, signal processing, and closed-loop control algorithms to ensure accurate speed regulation, torque production, and fault detection.
Brushless DC Motor Market Trends
The significant shift toward Electric Vehicles (EVs), driven by environmental concerns, government regulations, and advancements in battery technology, is boosting the demand for brushless DC motors. Major automakers are investing heavily in developing electric platforms and expanding their EV offerings to meet consumer demand. For instance, in February 2021, BorgWarner launched its 800-volt electric motor for the commercial vehicle segment. This High Voltage Hairpin (HVH) 320 motor is capable of 97% peak efficiency which achieves higher power density, reduced charging time. The four motor variants allow for a wide breadth of coverage.
With the proliferation of consumer electronics, there is a growing demand for customized & personalized solutions. Manufacturers are offering a wide range of brushless DC motors with customizable features, such as speed, torque, and size, to meet the specific requirements of different electronic devices and applications. Different consumer electronics applications require motors with varying levels of speed, torque, efficiency, and precision.
Brushless DC Motor Market Analysis
Based on the type, the market is segmented into inner rotor and outer rotor. The inner rotor segment accounted for 55% of the market share in 2023.
Based on the end user, the brushless DC motor market is divided into consumer electronics, automotive, manufacturing, medical device, industrial machinery, and others. The automotive segment is set to register a CAGR of over 10% during the forecast period.
Asia Pacific brushless DC motor market is poised to expand at 9% CAGR from 2024 to 2032. Asia Pacific is a global manufacturing hub for various sectors including electronics, automotive, consumer goods, and industrial machinery. The region's robust manufacturing infrastructure and supply chain networks make it a favorable destination to produce brushless DC motors and other related components, thereby boosting market expansion.
Brushless DC Motor Market Share
ASEA Brown Boveri (ABB) is a multinational corporation with expertise in power and automation technologies. ABB has a significant presence in the brushless DC market and offers a range of solutions tailored to various industries and applications.
North American Electric, Inc. (NAE) is a notable player in the electric motor industry, offering a range of solutions including brushless DC motors. These brushless DC motors cater to various industrial and commercial applications, providing reliable & efficient solutions to meet diverse customer needs.
Brushless DC Motor Market Companies
Major companies operating in the brushless DC motor industry are:
Brushless DC Motor Industry News
The brushless DC motor market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Billion) from 2018 to 2032, for the following segments:
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Market, By Type
Market, By Power
Market, By End-User
The above information has been provided for the following regions and countries: