A recent intelligence study by TMR Research as asserted that the global brushless DC motors market is in good stead, and projects the demand to increment at a healthy CAGR during the forecast period of 2017 to 2025. The report, developed by experienced research analysts, targets audiences such as brushless DC motors manufacturing companies, government and research organizations, and manufacturers of electronic equipment, automotive spare parts, and medical devices. To begin with, the report provides detailed assessment of the current scenario of the global brushless DC motors market by descriptively analyzing every driver, restraint, trend and other market dynamics. Then, it segments the market into smaller aspects in order to represent the niches and opportunities that must be tapped for greater profits. The report realizes the importance of regional markets, and provides evaluated and estimated figures for that. Finally, the report dives into the competitive landscape of the global brushless DC motors, profiling a number of key players and overviewing their business strategies.
The prosperity of the automotive sector is reflecting positively on the global market for brushless motors, which are low maintenance, offer thermal resistance, and can operate at low temperatures. In the recent past, the advent of electric vehicles has given the necessary thrust to the automotive sector in the developed regions of North America and Europe, which in turn is expected to drive the demand for brushless DC motors. In addition to that, the emergence of sensor-less controls for brushless DC motors is expected to add robustness and durability of the product, which at the same time will reduce mechanical misalignment and electrical connections as well as reduce the size of the end product. In the near future, sensor-less controls are expected to witness substantial demand from industries pertaining to machinery, home appliances, and automobile. Increasing demand for HVAC applications, transition towards energy-efficient motors, and low maintenance cost for brushed DC motors are some of the other factors that are expected to augment the demand in the global brushless DC motors.
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On the other hand, the requirement of control system and high price, availability of low-quality and cheaper products in grey markets, and limitations of permanent magnet are some of the challenges that will obstruct the brushless DC motors market from attaining its true potential during the forecast period. Nevertheless, the vendors operating in this market are anticipated to earn new opportunities from the growing trend of electric vehicles and growth of robotics technology.
Based on product type, the global brushless DC motors market can be segmented into inner rotor and outer rotor, whereas speed bifurcation of the market can be less than 500 RPM, 501 to 2000 RPM, 2001 to 1000 RPM, and beyond 10000 RPM. End-use categories of brushless DC motors market can be manufacturing, automotive, consumer electronics, and medical devices. Geographically, the report takes stock of the potential of this market in every important region such as North America, Asia Pacific, Europe, and the Middle East and Africa.
As far as the competitive landscape of the global brushless DC motors market is concerned, presence of a large number of players is making it highly fragmented, and the scenario is expected to remain the same throughout the forecast period. That being said, some of the key players, such as AMETEK, ABB, Nidec, ARC Systems, and FAULHABER, who are ahead of the curve are concentrating on research and development of newer products to carve a position of strength for themselves. Some of the other notable vendors of the global brushless DC motors market are Anaheim Automation, Allied Motion Technologies, Asmo, Brook Crompton, Johnson Electric Holdings, Danaher Motion, Maxon Motor, Omron, and Minebea.
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