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According to the estimates by IMARC Group, the global brushless DC motor market is expected to witness a CAGR of 5.8% from 2021 to 2026.
The adoption of hybrid electric vehicles (HEVs) and the escalating sales of vehicles with advanced features, such as motorized seats, adjustable mirrors and sunroof systems, are some of the key drivers for the global brushless DC motor market.
The rising popularity of autonomous vehicles, along with the introduction of sensor-less BLDC motors, represent some of the key trends in the global brushless DC motor market.
Sudden outbreak of the COVID-19 pandemic has led to the increasing need for hospital care services, which in turn is bolstering the demand for BLDC motors for manufacturing wheelchairs, respirators, ventilators, hospital beds, blood analyzers, air filtration devices and personal protective equipment (PPE).
On the basis of the power rating, the market has been bifurcated into 0 -750 watts, 750 watts to 3 kW, 3 kW - 75 kW, and above 75 kW. At present, 0 -750 watts account for the majority of the market share.
On the basis of the end use industry, the market has been divided into industrial machinery, automotive, consumer electronics, healthcare, aerospace and defense, and others. Currently, automotive represents the largest segment.
Region-wise, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where Asia Pacific dominates the global market.
The key companies in the global brushless DC motor market are 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.
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