Brushless DC Motor Market Size to Worth Around USD 30.3 Bn by 2030

The global Brushless DC Motor market is expected to grow at a CAGR of around 10.7% over the forecast period 2021 to 2030 and expected to reach the market value of around US$  30.3 billion by 2030.

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Growth Factors

The emergence of sensor-less controls for brushless DC (BLDC) type is likely to boost the durability and reliability of the product, thereby reducing the number of mechanical misalignments, electrical connections, as well as the weight and size of the end product. These factors are further estimated to drive market growth over the forecast period. Furthermore, the growing production of vehicles, globally, to cope up with the rising demand is anticipated to have a positive impact on the market growth.

The product is extensively used in motorized vehicle applications, such as in sunroof systems, motorized seats, and adjustable mirrors. In addition, these powertrains are extensively being preferred for performance applications in vehicles, such as chassis fittings, power-train systems, and safety fittings, owing to simple structure, fewer maintenance requirements, and extended operational life. Thus, increasing product adoption by the automobile industry for multiple applications is anticipated to drive the market over the forecast period.

Rising product usage in EVs in mechatronic systems, primarily in batteries for accumulators and power electronic converters, owing to advantages, such as high operating speed, compact size, and quick response time, will also augment the market growth. The production of EVs is on the rise, globally, supported by government initiatives to encourage the usage of non-conventional fuels and effectively reduce the adverse impacts of carbon emissions. Thus, the increasing EV production is anticipated to directly influence the product demand over the forecast period. 

Report Highlights

 In terms of revenue, the motor vehicle segment dominated the market with a share of 30.6% in 2020. It is also anticipated to emerge as the fastest-growing segment at a CAGR of over 10% from 2021 to 2030. The automobile industry uses motors of different types and specifications for numerous applications. Brushless DC motors are preferred over conventional powertrains primarily due to the absence of brushes resulting in less friction.

Reduction in friction ensures less wear and tear of the BLDC motor ultimately resulting in a reduction of maintenance required. These motors are thus ideal for numerous applications in motorized vehicles. The segment is further sub-segmented into safety, comfort, and performance. The comfort segment acquired the highest share in 2020 and is expected to register the fastest CAGR from 2021 to 2030.

Comfort motors are primarily used in automatic window operations, sun-roof actuators, mirror adjusters, air conditioning, and HVAC systems. Multiple powertrains are required for each of the applications mentioned above, which are subsequently expected to drive the product demand in vehicles by 2030. The industrial machinery segment acquired a substantial revenue share in 2020 and is anticipated to grow steadily from 2021 to 2030.

In terms of revenue, the 0-750 watts segment dominated the market with a share of 50.6% in 2020. This high share is attributed to the wide usage of these products in numerous applications, such as fans, pumps, compressors, machine tools, domestic appliances, electric cars, HVAC applications, power tools, and automated robots. The high-efficiency BLDC motors are gaining importance due to their long operating life, lower maintenance, low energy consumption, and a higher tolerance for fluctuating voltages. The rising demand for fractional power BLDC motors for various machinery from the agriculture sector in China and India further boosts the product demand.

Asia Pacific dominated the global market with a share of over 50% in 2020. The regional market is estimated to expand further at the fastest CAGR from 2021 to 2030 due to advancements in the agriculture sector and growing investments in industrialization in countries including India, South Korea, and Australia. Latin America and the Middle East and Africa are also expected to witness significant growth from 2021 to 2030 . This is attributed to the changing regulatory scenario and rising awareness concerning the use of eco-friendly and sustainable products.

Report Coverage Details
Market Size US$ 30.3 billion by 2030
Growth Rate CAGR of 10.7% From 2021 to 2030
Base Year 2020
Forecast Period 2021 to 2030
Segments Covered End-Use, Power, Region
Companies Mentioned ABB Ltd., Ametek, Inc., Johnson Electric, Allied Motion Technologies, Inc., Baldor Electric Company, Inc., Johnson Electric, North American Electric, Inc., Schneider Electric, Regal Beloit Corp.

Key Players

  • ABB Ltd.
  • Ametek, Inc.
  • Johnson Electric
  • Allied Motion Technologies, Inc.
  • Baldor Electric Company, Inc.
  • Johnson Electric
  • North American Electric, Inc.
  • Schneider Electric
  • Regal Beloit Corp.

Market Segmentation

  • Power Output Outlook
    • 0 – 750 Watts
    • 750 Watts to 3 kW
    • 3 kW – 75 kW
    • Above 75 kW
  • End-Use Outlook
    • Industrial Machinery
    • Motor Vehicles
      • Safety
      • Comfort
      • Performance
    • HVAC Equipment
    • Aerospace & Transportation
    • Household Appliances
    • Others
  • Regional Outlook
    • North America
      • U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
    • Asia Pacific
      • China
      • India
      • Japan
    • Latin America
      • Brazil
      • Mexico
    • Middle East & Africa

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Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Brushless DC Motor Market, By Power Output

7.1.  Brushless DC Motor Market, by Power Output, 2021-2030

7.1.1.    0 – 750 Watts

7.1.1.1.        Market Revenue and Forecast (2016-2030)

7.1.2.    750 Watts to 3 kW

7.1.2.1.        Market Revenue and Forecast (2016-2030)

7.1.3.    3 kW – 75 kW

7.1.3.1.        Market Revenue and Forecast (2016-2030)

7.1.4.    Above 75 kW

7.1.4.1.        Market Revenue and Forecast (2016-2030)

Chapter 8.  Global Brushless DC Motor Market, By End-use

8.1.  Brushless DC Motor Market, by End-use, 2021-2030

8.1.1.    Industrial Machinery

8.1.1.1.        Market Revenue and Forecast (2016-2030)

8.1.2.    Motor Vehicles

8.1.2.1.        Market Revenue and Forecast (2016-2030)

8.1.3.    HVAC Equipment

8.1.3.1.        Market Revenue and Forecast (2016-2030)

8.1.4.    Aerospace & Transportation

8.1.4.1.        Market Revenue and Forecast (2016-2030)

8.1.5.    Household Appliances

8.1.5.1.        Market Revenue and Forecast (2016-2030)

8.1.6.    Others

8.1.6.1.        Market Revenue and Forecast (2016-2030)

Chapter 9.  Global Brushless DC Motor Market, Regional Estimates and Trend Forecast

9.1.  North America

9.1.1.    Market Revenue and Forecast, by Power Output (2016-2030)

9.1.2.    Market Revenue and Forecast, by End-use (2016-2030)

9.1.3.    U.S.

9.1.3.1.        Market Revenue and Forecast, by Power Output (2016-2030)

9.1.3.2.        Market Revenue and Forecast, by End-use (2016-2030)

9.1.4.    Rest of North America

9.1.4.1.        Market Revenue and Forecast, by Power Output (2016-2030)

9.1.4.2.        Market Revenue and Forecast, by End-use (2016-2030)

9.2.  Europe

9.2.1.    Market Revenue and Forecast, by Power Output (2016-2030)

9.2.2.    Market Revenue and Forecast, by End-use (2016-2030)

9.2.3.    UK

9.2.3.1.        Market Revenue and Forecast, by Power Output (2016-2030)

9.2.3.2.        Market Revenue and Forecast, by End-use (2016-2030)

9.2.4.    Germany

9.2.4.1.        Market Revenue and Forecast, by Power Output (2016-2030)

9.2.4.2.        Market Revenue and Forecast, by End-use (2016-2030)

9.2.5.    France

9.2.5.1.        Market Revenue and Forecast, by Power Output (2016-2030)

9.2.5.2.        Market Revenue and Forecast, by End-use (2016-2030)

9.2.6.    Rest of Europe

9.2.6.1.        Market Revenue and Forecast, by Power Output (2016-2030)

9.2.6.2.        Market Revenue and Forecast, by End-use (2016-2030)

9.3.  APAC

9.3.1.    Market Revenue and Forecast, by Power Output (2016-2030)

9.3.2.    Market Revenue and Forecast, by End-use (2016-2030)

9.3.3.    India

9.3.3.1.        Market Revenue and Forecast, by Power Output (2016-2030)

9.3.3.2.        Market Revenue and Forecast, by End-use (2016-2030)

9.3.4.    China

9.3.4.1.        Market Revenue and Forecast, by Power Output (2016-2030)

9.3.4.2.        Market Revenue and Forecast, by End-use (2016-2030)

9.3.5.    Japan

9.3.5.1.        Market Revenue and Forecast, by Power Output (2016-2030)

9.3.5.2.        Market Revenue and Forecast, by End-use (2016-2030)

9.3.6.    Rest of APAC

9.3.6.1.        Market Revenue and Forecast, by Power Output (2016-2030)

9.3.6.2.        Market Revenue and Forecast, by End-use (2016-2030)

9.4.  MEA

9.4.1.    Market Revenue and Forecast, by Power Output (2016-2030)

9.4.2.    Market Revenue and Forecast, by End-use (2016-2030)

9.4.3.    GCC

9.4.3.1.        Market Revenue and Forecast, by Power Output (2016-2030)

9.4.3.2.        Market Revenue and Forecast, by End-use (2016-2030)

9.4.4.    North Africa

9.4.4.1.        Market Revenue and Forecast, by Power Output (2016-2030)

9.4.4.2.        Market Revenue and Forecast, by End-use (2016-2030)

9.4.5.    South Africa

9.4.5.1.        Market Revenue and Forecast, by Power Output (2016-2030)

9.4.5.2.        Market Revenue and Forecast, by End-use (2016-2030)

9.4.6.    Rest of MEA

9.4.6.1.        Market Revenue and Forecast, by Power Output (2016-2030)

9.4.6.2.        Market Revenue and Forecast, by End-use (2016-2030)

9.5.  Latin America

9.5.1.    Market Revenue and Forecast, by Power Output (2016-2030)

9.5.2.    Market Revenue and Forecast, by End-use (2016-2030)

9.5.3.    Brazil

9.5.3.1.        Market Revenue and Forecast, by Power Output (2016-2030)

9.5.3.2.        Market Revenue and Forecast, by End-use (2016-2030)

9.5.4.    Rest of LATAM

9.5.4.1.        Market Revenue and Forecast, by Power Output (2016-2030)

9.5.4.2.        Market Revenue and Forecast, by End-use (2016-2030)

Chapter 10.  Company Profiles

10.1.              ABB Ltd.

10.1.1.  Company Overview

10.1.2.  Product Offerings

10.1.3.  Financial Performance

10.1.4.  Recent Initiatives

10.2.              Ametek, Inc.

10.2.1.  Company Overview

10.2.2.  Product Offerings

10.2.3.  Financial Performance

10.2.4.  Recent Initiatives

10.3.              Johnson Electric

10.3.1.  Company Overview

10.3.2.  Product Offerings

10.3.3.  Financial Performance

10.3.4.  Recent Initiatives

10.4.              Allied Motion Technologies, Inc.

10.4.1.  Company Overview

10.4.2.  Product Offerings

10.4.3.  Financial Performance

10.4.4.  Recent Initiatives

10.5.              Baldor Electric Company, Inc.

10.5.1.  Company Overview

10.5.2.  Product Offerings

10.5.3.  Financial Performance

10.5.4.  Recent Initiatives

10.6.              Johnson Electric

10.6.1.  Company Overview

10.6.2.  Product Offerings

10.6.3.  Financial Performance

10.6.4.  Recent Initiatives

10.7.              North American Electric, Inc.

10.7.1.  Company Overview

10.7.2.  Product Offerings

10.7.3.  Financial Performance

10.7.4.  Recent Initiatives

10.8.              Schneider Electric

10.8.1.  Company Overview

10.8.2.  Product Offerings

10.8.3.  Financial Performance

10.8.4.  Recent Initiatives

10.9.              Regal Beloit Corp.

10.9.1.  Company Overview

10.9.2.  Product Offerings

10.9.3.  Financial Performance

10.9.4.  Recent Initiatives

Chapter 11.  Research Methodology

11.1.              Primary Research

11.2.              Secondary Research

11.3.              Assumptions

Chapter 12.  Appendix

12.1.              About Us

Glossary of Terms

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