Brushless DC Motor Market Will Reach US$ 30.3 Bn by 2030

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The global Brushless DC Motor market size is expected to be worth around US$ 30.3 billion by 2030, according to a new report by Vision Research Reports.

The global Brushless DC Motor market size was valued at US$ 20.1 billion in 2020 and is anticipated to grow at a CAGR of 10.7% during forecast period 2021 to 2030.

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Brushless DC Motor Market (By Power: 0 – 750 Watts, 750 Watts to 3 kW, 3 kW – 75 kW, Above 75 kW; By End-Use: Industrial Machinery, Motor Vehicles, HVAC Equipment, Aerospace & Transportation, Household Appliances, Others) – Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030

Growth Factors

The emergence of sensor-less controls for brushless DC (BLDC) type is likely to boost the durability and reliability of the product, thereby reducing the number of mechanical misalignments, electrical connections, as well as the weight and size of the end product. These factors are further estimated to drive market growth over the forecast period. Furthermore, the growing production of vehicles, globally, to cope up with the rising demand is anticipated to have a positive impact on the market growth.

The product is extensively used in motorized vehicle applications, such as in sunroof systems, motorized seats, and adjustable mirrors. In addition, these powertrains are extensively being preferred for performance applications in vehicles, such as chassis fittings, power-train systems, and safety fittings, owing to simple structure, fewer maintenance requirements, and extended operational life. Thus, increasing product adoption by the automobile industry for multiple applications is anticipated to drive the market over the forecast period.

Rising product usage in EVs in mechatronic systems, primarily in batteries for accumulators and power electronic converters, owing to advantages, such as high operating speed, compact size, and quick response time, will also augment the market growth. The production of EVs is on the rise, globally, supported by government initiatives to encourage the usage of non-conventional fuels and effectively reduce the adverse impacts of carbon emissions. Thus, the increasing EV production is anticipated to directly influence the product demand over the forecast period. 

Report Highlights

 In terms of revenue, the motor vehicle segment dominated the market with a share of 30.6% in 2020. It is also anticipated to emerge as the fastest-growing segment at a CAGR of over 10% from 2021 to 2030. The automobile industry uses motors of different types and specifications for numerous applications. Brushless DC motors are preferred over conventional powertrains primarily due to the absence of brushes resulting in less friction.

Reduction in friction ensures less wear and tear of the BLDC motor ultimately resulting in a reduction of maintenance required. These motors are thus ideal for numerous applications in motorized vehicles. The segment is further sub-segmented into safety, comfort, and performance. The comfort segment acquired the highest share in 2020 and is expected to register the fastest CAGR from 2021 to 2030.

Comfort motors are primarily used in automatic window operations, sun-roof actuators, mirror adjusters, air conditioning, and HVAC systems. Multiple powertrains are required for each of the applications mentioned above, which are subsequently expected to drive the product demand in vehicles by 2030. The industrial machinery segment acquired a substantial revenue share in 2020 and is anticipated to grow steadily from 2021 to 2030.

In terms of revenue, the 0-750 watts segment dominated the market with a share of 50.6% in 2020. This high share is attributed to the wide usage of these products in numerous applications, such as fans, pumps, compressors, machine tools, domestic appliances, electric cars, HVAC applications, power tools, and automated robots. The high-efficiency BLDC motors are gaining importance due to their long operating life, lower maintenance, low energy consumption, and a higher tolerance for fluctuating voltages. The rising demand for fractional power BLDC motors for various machinery from the agriculture sector in China and India further boosts the product demand.

Asia Pacific dominated the global market with a share of over 50% in 2020. The regional market is estimated to expand further at the fastest CAGR from 2021 to 2030 due to advancements in the agriculture sector and growing investments in industrialization in countries including India, South Korea, and Australia. Latin America and the Middle East and Africa are also expected to witness significant growth from 2021 to 2030 . This is attributed to the changing regulatory scenario and rising awareness concerning the use of eco-friendly and sustainable products.

Report Coverage Details
Market Size US$ 30.3 billion by 2030
Growth Rate CAGR of 10.7% From 2021 to 2030
Base Year 2020
Forecast Period 2021 to 2030
Segments Covered End-Use, Power, Region
Companies Mentioned ABB Ltd., Ametek, Inc., Johnson Electric, Allied Motion Technologies, Inc., Baldor Electric Company, Inc., Johnson Electric, North American Electric, Inc., Schneider Electric, Regal Beloit Corp.

Key Players

  • ABB Ltd.
  • Ametek, Inc.
  • Johnson Electric
  • Allied Motion Technologies, Inc.
  • Baldor Electric Company, Inc.
  • Johnson Electric
  • North American Electric, Inc.
  • Schneider Electric
  • Regal Beloit Corp.

Market Segmentation

  • Power Output Outlook
    • 0 – 750 Watts
    • 750 Watts to 3 kW
    • 3 kW – 75 kW
    • Above 75 kW
  • End-Use Outlook
    • Industrial Machinery
    • Motor Vehicles
      • Safety
      • Comfort
      • Performance
    • HVAC Equipment
    • Aerospace & Transportation
    • Household Appliances
    • Others
  • Regional Outlook
    • North America
      • U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
    • Asia Pacific
      • China
      • India
      • Japan
    • Latin America
      • Brazil
      • Mexico
    • Middle East & Africa

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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