The Insight Partners - Syndicated, Custom Market Research Reports
Brushless DC Motors Market Size 2021-2031 | Drivers

Coverage: Brushless DC Motors Market covers analysis by Type (Inner Rotor Brushless DC Motor, Outer Rotor Brushless DC Motor); Voltage (0-750 Watt, 750-3kWatt, 3kW-75kW, 75kW and Above); Industry Vertical (Transport, Consumer Electronics, Automotive, Medical Devices, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00004128
  • Category : Electronics and Semiconductor
  • No. of Pages : 150
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The Brushless DC Motors Market is expected to register a CAGR of 8.3% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.

The report is segmented By Type (Inner Rotor Brushless DC Motor, Outer Rotor Brushless DC Motor), Voltage (Less than 750 Watts, 750 Watts to 2.99 kW, 3 kW - 75 kW, Above 75 kW), Industry Vertical (Transport, Consumer Electronics, Automotive, Medical Devices, Others). The global analysis is further broken-down at regional level and major countries. The report offers the value in USD for the above analysis and segments

Purpose of the Report

The report Brushless DC Motors Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

  • Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
  • Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
  • Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Brushless DC Motors Market Segmentation

Type
  • Inner Rotor Brushless DC Motor
  • Outer Rotor Brushless DC Motor
Voltage
  • Less than 750 Watts
  • 750 Watts to 2.99 kW
  • 3 kW - 75 kW
  • Above 75 kW
Industry Vertical
  • Transport
  • Consumer Electronics
  • Automotive
  • Medical Devices
  • Others
Geography
  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa
Geography
  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Strategic Insights

Brushless DC Motors Market Growth Drivers
  • Growing Demand for Energy-Efficient Motors: The increasing focus on energy efficiency and sustainability is a key driver for the brushless DC (BLDC) motors market. Unlike traditional brushed motors, BLDC motors do not rely on brushes that cause friction and energy loss, leading to higher efficiency. This makes BLDC motors an attractive solution for industries seeking to reduce energy consumption and operational costs. With industries such as automotive, robotics, HVAC (heating, ventilation, and air conditioning), and consumer electronics aiming for more energy-efficient systems, the adoption of BLDC motors is growing rapidly.
  • Technological Advancements and Integration into Electric Vehicles (EVs): The rising demand for electric vehicles (EVs) is another major driver for the brushless DC motors market. EVs often use BLDC motors due to their superior efficiency, high torque, and long lifespan. These motors are critical in enhancing the performance of electric powertrains, reducing battery consumption, and offering smoother operation. As the EV market continues to grow globally, with governments providing incentives for clean energy adoption, BLDC motors are increasingly being integrated into both electric and hybrid vehicle models, further expanding their market share.
Brushless DC Motors Market Future Trends
  • Miniaturization and Integration in Compact Devices: A key trend in the brushless DC motors market is the miniaturization of motors to fit into smaller, more compact devices. As technology advances, there is a growing demand for smaller, lighter, and more powerful motors that can fit into increasingly compact consumer devices, such as drones, smartphones, and wearable technology. BLDC motors, which offer high power density in small sizes, are well-suited for these applications. The trend toward miniaturization is pushing innovation in motor design and integration, enabling BLDC motors to meet the demands of emerging consumer products.
  • Advancement in Motor Control Technologies: Another significant trend is the advancement of motor control technologies that improve the performance and efficiency of brushless DC motors. Technologies such as sensorless control, advanced power electronics, and microcontrollers are enhancing the capabilities of BLDC motors, providing better speed control, torque delivery, and overall system efficiency. These innovations make BLDC motors even more appealing in a wide range of applications, from industrial machinery to electric vehicles, as they enable more precise control, reduced wear and tear, and improved overall motor lifespan. As control technologies continue to evolve, BLDC motors are becoming more versatile and cost-effective for a broader range of industries.
Brushless DC Motors Market Opportunities
  • Expansion in Automation and Robotics: The growing adoption of automation and robotics across various industries, such as manufacturing, healthcare, and logistics, presents a significant opportunity for the brushless DC motors market. BLDC motors are highly preferred in robotic applications due to their precision, efficiency, and ability to deliver consistent performance over extended periods. As industries invest more in automation to improve efficiency and reduce labor costs, the demand for BLDC motors to power robotic systems and automated machinery will continue to rise, creating growth opportunities for manufacturers in this segment.
  • Rising Adoption in Consumer Electronics and Home Appliances: The consumer electronics and home appliances sectors are increasingly adopting brushless DC motors due to their quiet operation, high efficiency, and low maintenance needs. BLDC motors are found in devices such as air conditioners, washing machines, refrigerators, and vacuum cleaners, where efficiency and noise reduction are important considerations. As consumers demand more energy-efficient and durable appliances, there is an opportunity for BLDC motor manufacturers to cater to this market by providing motors for high-performance household devices.

Market Report Scope

Key Selling Points

  • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Brushless DC Motors Market, providing a holistic landscape.
  • Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
  • Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
  • Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

The research report on the Brushless DC Motors Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.

REGIONAL FRAMEWORK
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Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered

This text is related
to segments covered.

Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope

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to country scope.

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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