Brushless DC Motors Market Report

Global Brushless DC Motors Market:

The global brushless DC motors market size reached US$ 5.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 5.9 Billion by 2032. The rising trend of industrial automation, along with the growing popularity of miniature electronic devices, is primarily bolstering the market.

Brushless DC Motors Market Analysis:

• Major Market Drivers: The growing focus of individuals on reducing the environmental footprint is bolstering the use of hybrid electric vehicles (HEVs), which is one of the key factors propelling the market. Moreover, the inflating need for hospital care services is also accelerating the product adoption rate.
• Key Market Trends: The increasing sales of vehicles with advanced features, such as adjustable mirrors, motorized seats, and sunroof systems, are among the emerging trends propelling the market. Additionally, the development of sensor-less BLDC motors is further acting as another significant growth-inducing factor.
• Competitive Landscape: Some of the prominent companies in the global market include ABB Ltd., Allied Motion Technologies Inc., AMETEK Inc., Arc Systems Inc., Buhler Motor GmbH, The Faulhaber Group, Johnson Electric Holdings Limited, Maxon Motor AG, MinebeaMitsumi, Moog Inc., Nidec Corporation, and Oriental Motor Co. Ltd., among many others.
• Geographical Trends: Asia Pacific exhibits a clear dominance in the market, owing to the introduction of high-tech electronics, such as drones and mobility scooters. Apart from this, extensive R&D activities in the automotive industry will continue to fuel the regional market in the coming years.
• Challenges and Opportunities: One of the primary challenges hindering the market is the high cost of BLDC motors compared to traditional motors. However, advancements in manufacturing technologies to improve affordability are expected to catalyze the global market over the forecasted period.

Brushless DC Motors Market Trends:

Rising Usage in Consumer Electronics

The widespread adoption of brushless DC motors in consumer electronics and household appliances, on account of their associated benefits, including longer lifespan, quiet operation, higher efficiency, etc., are stimulating the market. For example, in October 2023, Toshiba Electronic Devices & Storage Corporation developed two products of 600V small intelligent power devices (IPD) for brushless DC motor drive applications, such as air cleaners, air conditioners, pumps, etc. Moreover, as electronic devices evolve, brushless DC motors are used extensively to increase device longevity and lessen noise, vibration, and harshness (NVH). In December 2023, Microchip Technology introduced the AVR EB family of microcontrollers (MCUs), targeting BLDC motors. Apart from this, the elevating requirement for improving energy efficiency in air conditioners is also augmenting the overall market. For instance, in July 2023, Symphony Ltd, one of the global leaders in evaporative air coolers, unveiled the world’s first range of highly energy-efficient air coolers powered by BLDC technology. They consume up to 60% less power compared to other coolers, which results in energy savings of up to Rs 2,000 per year. In addition, in March 2024, Toshiba Electronic Devices & Storage Corporation added eight new products with 512KB/1MB flash memory capacity and four types of packages to the M4K Group of the TXZ+ family of 32-bit microcontrollers for bringing advanced functionality to brushless DC motors.

Increasing Industrial Applications

The advent of Industry 4.0 is bolstering the role of these motors in robotics, CNC machines, and conveyor systems due to their reliability, precision, energy efficiency, etc. For instance, in February 2024, Allied Motion Technologies developed the H Series brushless servo motor drive, featuring multi-feedback device support, hiperface DSL, and safe torque off (STO) safety options. It is specifically designed for precise motor control and easy commissioning. Furthermore, companies like ABB and Fanuc generally utilize BLDC motors in their industrial robots to reduce operational costs and enhance performance, which positively influences the brushless DC motors market outlook. For example, in May 2024, Rockwell Automation, Inc., one of the companies dedicated to industrial automation and digital transformation, introduced low voltage motor control center (MCC) to enhance uptime and productivity through a portfolio of smart products. Moreover, the precision control offered by these devices is crucial for automated manufacturing processes that require accurate and consistent movements. In February 2024, Renesas launched a sensor-less brushless motor to support full torque at zero speed, which, in turn, yields benefits in applications ranging from blenders to portable power tools.

Popularity of Smart Home Technologies

The increasing popularity of home automation devices is acting as a significant growth-inducing factor. In November 2023, SaraAI launched SaraKIT, which is a carrier board for the Raspberry Pi CM4 system-on-module with BLDC motor controllers and a wide range of sensors for robotics. Additionally, it can also be used for robots, home automation systems, voice-controlled products, and interfacing with smart home or office devices. Moreover, prominent players, including Lutron and Somfy, are incorporating BLDC motors into their smart home products to improve functionality and user experience. For example, in March 2023, Goldmedal Electricals, one of the electrical manufacturing companies based in India, introduced its super-efficient Geo Fox fan that is powered by a brushless DC motor to perform efficiently while minimizing the carbon footprint on the environment by saving electricity up to 60%. In line with this, it is an ideal fan for modern homes that require superior cooling. Furthermore, in August 2023, a leading manufacturer of innovative household appliances, Brigii, unveiled its smallest vacuum cleaner called the MX20, equipped with an advanced brushless DC motor to allow it to pick up crumbs, dust, and dirt from crevices.

Global Brushless DC Motors Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with the market forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on the product type, power rating, and end use industry.

Breakup by Product Type:

• Inner Rotor Brushless DC Motors
• Outer Rotor Brushless DC Motors
   

The report has provided a detailed breakup and analysis of the market based on the product type. This includes inner rotor brushless DC motors and outer rotor brushless DC motors.

Inner rotor motors, where the rotor is located inside the stator, are known for their high speed and torque, thereby making them ideal for applications, such as power tools, drones, and robotics. Conversely, outer rotor motors have the rotor surrounding the stator. They are beneficial for applications requiring smooth and stable operation like fans, electric bicycles, and HVAC systems. A notable product in this category is the T-MOTOR MN series launched by River, specifically designed for drone propulsion, emphasizing stability and efficiency. These product launches highlight the ongoing innovation in the market, catering to diverse industrial needs.

Breakup by Power Rating:

• 0-750 Watts
• 750 Watts to 3 kW
• 3 kW-75 kW
• Above 75 kW
   

0-750 watts dominates the market

The report has provided a detailed breakup and analysis of the market based on the power rating. This includes 0-750 watts, 750 watts to 3 kW, 3 kW-75 kW, and above 75 kW. According to the report, 0-750 watts represented the largest market segmentation.

Brushless DC motors in the 0-750 watts range are widely utilized for their efficiency, compact size, and reliability across various applications such as robotics, small appliances, electric bicycles, and drones. This power range is particularly favored for its ability to provide adequate torque and speed while maintaining energy efficiency. Notable product launches in this category include the Maxon ECX SPEED 30, which offers high performance in a compact form factor, ideal for medical devices and automation. Another example is the Nidec 24V 400W BLDC motor, designed for use in electric scooters and industrial equipment, delivering robust performance and durability.

Breakup by End Use Industry:

• Industrial Machinery
• Automotive
• Consumer Electronics
• Healthcare
• Aerospace and Defense
• Others
   

Automotive accounted for the largest brushless DC motors market share

The report has provided a detailed breakup and analysis of the market based on the end use industry. This includes industrial machinery, automotive, consumer electronics, healthcare, aerospace and defense, and others. According to the report, automotive represented the largest market segmentation.

Brushless DC motors are increasingly pivotal in the automotive industry, offering superior efficiency, reliability, and performance compared to traditional motors. They are integral to the operation of electric vehicles (EVs), where they provide propulsion. Additionally, BLDC motors aid in ensuring smooth and powerful acceleration while maintaining energy efficiency, thereby stimulating the segment's growth. In November 2023, NXP Semiconductors launched motor-control MCUs that are specifically designed for brushless DC motors that are used in modern cars and industrial motor drives.

Breakup by Region:

• North America
  • United States
  • Canada
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

Asia Pacific exhibits a clear dominance in the market

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific accounted for the largest market share.

The market in Asia Pacific is stimulated by the rising levels of industrialization and urbanization, which drives the demand for efficient and reliable motors in various applications. The burgeoning electric vehicle (EV) market, particularly in countries like China and India, is a significant driver, as BLDC motors are essential for the propulsion systems of EVs. For instance, companies like BYD and Tata Motors are increasingly incorporating BLDC motors in their electric and hybrid vehicles to enhance performance and energy efficiency. Additionally, the growing consumer electronics industry is further inflating the usage of BLDC motors in devices like laptops, cooling fans, household appliances, etc., reflecting the region's expanding technological landscape. In March 2023, Goldmedal Electricals, one of the electrical manufacturing companies based in India, introduced its super-efficient Geo Fox fan that is powered by a brushless DC motor to perform efficiently while minimizing the carbon footprint on the environment by saving electricity up to 60%.

Competitive Landscape:

The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major brushless DC motors market companies have also been provided. Some of the key players in the market include:

• ABB Ltd.
• Allied Motion Technologies Inc.
• AMETEK Inc.
• Arc Systems Inc.
• Buhler Motor GmbH
• The Faulhaber Group
• Johnson Electric Holdings Limited
• Maxon Motor AG
• MinebeaMitsumi
• Moog Inc.
• Nidec Corporation
• Oriental Motor Co. Ltd.
   

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

 Brushless DC Motors Market Recent Developments:

• May 2024: Rockwell Automation, Inc. launched a low-voltage motor control center (MCC) to enhance uptime and productivity via a portfolio of smart products.
• March 2024: Toshiba Electronic Devices & Storage Corporation added eight new products with 512KB/1MB flash memory capacity and four types of packages to the M4K Group of the TXZ+™ family of 32-bit microcontrollers for bringing advanced functionality to brushless DC motors.
• February 2024: Renesas introduced a sensor-less brushless DC motor to support full torque at zero speed, which, in turn, yields benefits in applications ranging from blenders to portable power tools.

Brushless DC Motors Market Report Scope:

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the brushless DC motors market from 2018-2032.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the global brushless DC motors market.
• The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
• Porter's five forces analysis assists stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the brushless DC motors industry and its attractiveness.
• The competitive landscape allows stakeholders to understand their competitive environment and provides insight into the current positions of key players in the market.