Electronically Commutated Motors [<5HP] Market to Expand at a CAGR of 6 % from 2021 to 2030

The global Electronically Commutated Motors [<5HP] market is expected to grow at a CAGR of around 6% over the forecast period 2021 to 2030 and expected to reach the market value of around US$ 8 billion by 2030.

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The global electronically commutated motors (<5HP) market is broadly affected by several factors, such as rise in usage of electronically commutated motors (<5HP) in a wide range of applications and increase in demand for highly efficient motors, thus propelling the global market for electronically commutated motors (<5HP).

Need for Energy, Cost-efficient Products Fueling Demand for EC Motors

Electronically commutated fans are succeeding existing fans in various electronic businesses due to their controllability, performance, and cost-saving aspects. The EC fans have replaced AC motors as the principal air driving force in air conditioning applications, which require constant power. Moreover, for environmental enthusiasts, EC motor-controlled fans emit less carbon dioxide (CO2), which, in turn, can prove beneficial for the global electronically commutated motors (<5HP) market.

The global electronically commutated motors (<5HP) market is expected to reach the value of US$ 7.9 Bn by 2031, at a CAGR of ~6% during the forecast period. This is due to several opportunities including increasing need for electric vehicles, environmental interests, rising consumer expenditure, and growing business opportunities in developing countries. However, it has grown essential for equipment manufacturers in the electronically commutated motors (<5HP) market to comply with the Ecodesign regulations and production directives to improve the availability of energy-efficient devices.

EC Motors Being Preferred for Cost-saving Objectives

The electronically commutated motors (<5HP) market has observed a tremendous rise in the usage of electronically commutated motors in commercial HVAC, residential, and commercial refrigeration (condenser and evaporator), in both OEM and aftermarkets. The ongoing improvements in products are proving efficient for energy savings, and can easily operate and control the program with the required precision. This is anticipated to help end users in a variety of HVAC applications.

Industrial products such as consumer electronics, processing, and material handling equipment have increased the use of EC motors for less than 5HP, due to their efficiency and cost-saving features. Other mentioned factors including energy efficiency, rise of the electronic business segment, growth in infrastructural facilities, and estimated increase in the sales of electric vehicles are some of the key points that are projected to contribute to the expansion of the global electronically commutated motors (<5HP) market during the forecast period.

Rise in Usage of Electronically Commutated Motors (<5HP) in Various Applications to Drive Global Market

The usage of ECM technology (<5HP) is rising rapidly. Currently, electronically commutated motors (<5HP) find application in all motors used in light commercial HVAC (outdoor and indoor), residential, and commercial refrigeration (condenser and evaporator), in both OEM and aftermarkets. The advantage of this technology is improved electrical efficiency, and the facility to program more controlled and precise operation of the motor over a broad range of HVAC application performance needs in order to boost consumer comfort.

Less than 5 HP EC motor has a wide application range. Various other industrial products such as consumer electronics, HVAC – residential and commercial, and other material handling and processing equipment are choosing these motors, which capture more than half of the motor market due to rising efficiency. Increasing awareness about energy efficiency solutions is encouraging manufacturers to focus on high efficiency product development. These factors are likely to create the demand for ECM motors in the near future.

Advancements in Technology to Generate Opportunities for Electronically Commutated Motor (<5HP) Manufacturers & Distributors

Many companies are replacing their existing motors with electronically commutated motors (<5HP) due to their efficiency, controllability, and cost saving characteristics. AC motors were widely used in HVAC and now ECM are being preferred.

Growing businesses in developing regions, rising infrastructural facilities, increasing sales of consumer goods, need of electric vehicles due to environmental concerns, and rapid expansion of the robotic segment are likely to create opportunities for the electronically commutated motors (<5HP) market

The Department of Energy has set new standards in the U.S. for residential furnace fans. All fans going forward will be equipped with ECM, and the existing ones will be replaced by ECM. Energy regulations from the Government will help drive the electronically commutated motors (<5HP) market.

Improved end user comfort, greater energy efficiency, greener solutions, and regulatory compliances are projected to drive the electronically commutated motors (<5HP) market during the forecast period

Report Highlights

In terms of motor type, the electronically commutated motors (<5HP) market has been divided into brushless DC motors, Permanent Magnet AC (PMAC) motors, and servo motors. The demand for brushless DC motors is higher, globally. Based on product type, the electronically commutated motors (<5HP) market has been segmented into constant air flow, constant torque, and constant speed. Constant air flow is the most commonly sold electronically commutated motor (<5 HP) across the globe. Based on power, the market has been classified into below 1 HP, 1 HP – 2 HP, 2 HP – 3 HP, 3 HP – 4 HP, and 4 HP – 5 HP.

In terms of industry, the electronically commutated motors (<5HP) market has been categorized into consumer electronics, HVAC – residential, HVAC- commercial, automotive, packaging, material handling, industrial machine (robots and others), and others (printing machine, etc.). Consumer electronics, HVAC – residential & commercial, and industrial machine held major share of the market in the year 2020 in terms of value.

In 2020, Asia Pacific and North America region together contributed more than 60% of revenue share to the global electronically commutated motors (<5HP) market. Various industries are shifting their manufacturing facilities to the APAC region. Therefore, the market in the region is anticipated to grow at the fastest rate during the forecast period. The market in Europe and North America is expected to expand steadily due to increasing demand for highly sophisticated medical devices. However, the demand is not stable in these regions as most end-use industries located in Europe and North America are shifting their production hubs to APAC to enhance their profit margins.

Key Players

Key players operating in the global electronically commutated motors (<5HP) market are ABB Group, Siemens, Weg, Parker Hannifin Corp., Nidec Motor Corporation, ASTRO Motorengesellschaft mbH & Co.KG, Allied Motion Technologies Inc., Maxon motor AG,  Bühler Motor GmbH, and Kollmorgen Corp.

Report Scope of the Electronically Commutated Motors [<5HP] Market

Report Coverage Details
Market Size US$ 8 Billion by 2030
Growth Rate CAGR of 6% From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Largest Market North America
Fastest Growing Market Asia Pacific
Companies Mentioned ABB Group, Siemens, Weg, Parker Hannifin Corp., Nidec Motor Corporation, ASTRO Motorengesellschaft mbH & Co.KG, Allied Motion Technologies Inc., Maxon motor AG,  Bühler Motor GmbH, and Kollmorgen Corp

Global Electronically Commutated Motors (<5HP) Market: Segmentation

Electronically Commutated Motors (<5HP) Market, by Motor Type

  • Brushless DC Motors
  • Permanent Magnet AC (PMAC) Motors
  • Servo Motors

Electronically Commutated Motors (<5HP) Market, by Product Type

  • Constant Air flow
  • Constant Torque
  • Constant Speed

Electronically Commutated Motors (<5HP) Market, by Power

  • Below 1 HP
  • 1 HP – 2 HP
  • 2 HP – 3 HP
  • 3 HP – 4 HP
  • 4 HP – 5 HP

Electronically Commutated Motors (<5HP) Market, by Industry

  • Consumer Electronics
  • HVAC – Residential
  • HVAC- Commercial
  • Automotive
  • Packaging
  • Material Handling
  • Industrial Machine (Robots and Others)
  • Others (Printing Machine, etc.)

Electronically Commutated Motors (<5HP) Market, by Region

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • U.K.
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Middle East & Africa (MEA)
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Rest of South America

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Research Methodology

The research methodology adopted by analysts for compiling the global electronically commutated motors (<5HP) market report is based on detailed primary as well as secondary research. With the help of in-depth insights of the market-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts for the global market.

During the primary research phase, analysts interviewed market stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through interviews of genuine resources, analysts have emphasized the changing scenario of the global market.

For secondary research, analysts scrutinized numerous annual report publications, white papers, market association publications, and company websites to obtain the necessary understanding of the global electronically commutated motors (<5HP) market.

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