Brushless DC Motor Market Outlook: Size, Share, Trends & Growth Analysis (2024-2029)
The study includes a thorough examination divided into two categories: Type (Inner Rotor, Outer Rotor) and Speed (<500, 501–2,000, 2,001–10,000, >10,000 RPM). Entire User (Medical Devices, Automotive, Manufacturing, and Consumer Electronics), Geography (North America, South America, Asia Pacific, Europe, and the Middle East).
Brushless DC Motor Market Snapshot
Brushless DC Motor Market Overview
The market for brushless DC motors is expected to be valued at $13 billion globally in 2024 and grow to $26.75 billion by that time. Between 2024 and 2029, the brushless DC motor market is expected to grow at a compound annual growth rate (CAGR) of 9.32%. Technology breakthroughs and changing farming methods are driving a significant revolution in the digital agriculture sector. In an increasingly complicated and competitive environment, farmers worldwide have adopted digital technologies in recent years to boost productivity, sustainability, and profitability. Digital agriculture optimizes farming operations, enhances decision-making, and reduces risks by utilizing technology like automation, IoT sensors, artificial intelligence, and data analytics. By using these tools, farmers can collect and analyze vast volumes of data on anything from soil health and machinery telemetry to crop performance and weather patterns, empowering them to make fact-based decisions. Furthermore, precision farming techniques like drone-assisted monitoring, automatic irrigation, and variable rate application are made possible by digital agriculture, helping farmers maximize resource use, reduce their impact on the environment, and boost yields. The digital agricultural industry has the potential to completely transform farming in the future and provide food security, sustainability, and resilience in a world that is changing quickly. It is driven by innovation and collaboration among farmers, technology providers, and agribusinesses.
Brushless DC Motor Market Coverage
| Historical & Forecast Period | 2018-2029 |
| Base Year | 2023 |
| Forecast Period | 2024-2029 |
| Units | Billion US$ |
| Segments | Type, Speed, End User |
| Geographies | North America, South America, Asia Pacific, Europe, The Middle East, Africa |
| Key Vendors | ABB Group, Nidec Corp., Jhonson Electric Holdings Ltd., Maxon Motor AG, Oriental Motor Co., Ltd. |
Key Geographies of Brushless DC Motor Market, 2023
Porter’s 5 Forces Analysis of Brushless DC Motor Market
Brushless DC Motor Market Trends
The market for brushless DC (BLDC) motors has experienced a significant upswing in demand recently, mostly due to changing trends in many industries, including consumer electronics, robotics, aerospace, and automotive. The growing focus on sustainability and efficiency in the BLDC motor business is one of the most notable recent developments. Industries are moving toward more eco-friendly and energy-efficient solutions as environmental consciousness and energy conservation gain momentum. BLDC motors provide several advantages over traditional brushed motors, including higher efficiency, less maintenance requirements, and reduced electromagnetic interference. Furthermore, improvements in materials science, control algorithms, and motor design are elevating BLDC motors’ dependability and performance, which makes them more appealing for a variety of applications. It is projected that as industries strive to improve efficiency while minimizing their detrimental effects on the environment, the use of BLDC motors will rise. This will promote further growth and innovation in the sector.
Brushless DC Motor Market Driving Factors
Due to several significant factors, the brushless DC (BLDC) motor market is growing quickly. One major driving force is the increasing need from a variety of industries for energy- and environmentally efficient motor solutions. BLDC motors are ideal for applications needing precision control and low power consumption because they are more dependable and efficient than conventional brushed DC motors. Improvements in motor design, materials, and electronics have led to reductions in cost and rise in performance, which has also increased adoption.
The need for BLDC motors is being driven by the growth of automation and robotics in the manufacturing, automotive, aerospace, and consumer electronics sectors. Because BLDC motors offer high torque-to-weight ratios and flawless performance, these sectors are dependent on them. Strict regulations that seek to reduce carbon emissions and encourage energy conservation are another factor propelling the use of BLDC motors in sustainability initiatives. In the years to come, the brushless DC motor market is expected to grow if industries prioritize environmental concerns, performance, and efficiency.
Brushless DC Motor Market Challenges
The brushless DC motor industry faces many significant obstacles as it navigates changing market conditions and technological advancements. One of the biggest challenges is making the transition from traditional brushed motors to brushless alternatives. Although brushless DC motors have several benefits, including increased dependability, reduced maintenance needs, and increased efficiency, manufacturers and end users may find it difficult to use them due to their initial price and the demand for appropriate control systems. Furthermore, integration and interoperability are hampered by the absence of common protocols and interfaces among brushless motor systems, especially in a variety of industrial applications.
Furthermore, brushless motors with higher power densities and improved thermal management capabilities are in greater demand as businesses place a greater emphasis on sustainability and energy efficiency. This poses engineering challenges for the design and manufacturing processes of motors. To effectively tackle these challenges, collaboration between stakeholders from all points of the value chain—motor manufacturers, component suppliers, system integrators, and regulatory bodies—will be necessary. This will promote innovation, standardization, and cost-effective solutions that meet the dynamic demands of the market.
Brushless DC Motor Market – Key Industry News
- In February 2024, Leading electric motor producer Nidec Corporation recently revealed ambitions to increase the number of brushless DC motors it can produce. The company’s goal is to meet the increasing demand for home appliances, electric vehicles (EVs), and industrial automation applications. Nidec is committed to taking advantage of the developing market for brushless DC motors, as seen by its investment in enhancing its manufacturing capabilities.
- In March 2024, Maxon, a well-known provider of high-precision drive systems, unveiled a new line of brushless DC motors. With improved performance, efficiency, and dependability, the new motor series serves a broad range of applications in robotics, medical device, aerospace, and automotive industries. With its most recent invention, Maxon has proven that it is committed to providing innovative solutions that satisfy changing industry requirements and consumer needs.
- In March 2024, Oriental Motor Corporation partnered with a significant automaker to create brushless DC motor solutions for electric cars (EVs). Through this agreement, EV propulsion system innovation will be fueled by Oriental Motor’s experience with motor technology and automotive applications. By combining their resources and expertise, the two companies hope to accelerate the adoption of electric mobility and promote sustainable transportation options.
Brushless DC Motor Market Competitive Landscape
The participants in the global brushless dc motor industry are always developing their strategies to preserve a competitive advantage. Companies primarily use acquisitions, R&D, partnerships, and technological launches. Several important entities in the brushless dc motor market include ABB Group, Nidec Corp., Johnson Electric Holdings Ltd., Maxon Motor AG, Oriental Motor Co., Ltd., and others.
Brushless DC Motor Market Company Share Analysis, 2023 (%)
Brushless DC Motor Market – Key Companies
Reason to Buy from us
Table of Contents
| 1. Introduction | 1.1. Research Methodology 1.2. Scope of the Study |
| 2. Market Overview / Executive Summary | 2.1. Global Brushless DC Motor Market (2018 – 2022) 2.2. Global Brushless DC Motor Market (2023 – 2029) |
| 3. Market Segmentation | 3.1. Global Brushless DC Motor Market by Type 3.1.1. Inner Rotor 3.1.2. Outer Rotor 3.2. Global Brushless DC Motor Market by Speed 3.2.1. <500 3.2.2. 501–2,000 3.2.3. 2,001–10,000 3.2.4. >10,000 RPM 3.3. Global Brushless DC Motor Market by End User 3.3.1. Consumer Electronics 3.3.2. Automotive 3.3.3. Manufacturing 3.3.4. Medical Devices |
| 4. Regional Segmentation | 4.1. North America 4.1.1. The U.S 4.1.2. Canada 4.1.3. Mexico 4.2. South America 4.2.1. Brazil 4.2.2. Argentina 4.2.3. Colombia 4.2.4. Chile 4.2.5. Rest of South America 4.3. Asia Pacific 4.3.1. China 4.3.2. India 4.3.3. Japan 4.3.4. South Korea 4.3.5. Rest of Asia Pacific 4.4. Europe 4.4.1. UK 4.4.2. Germany 4.4.3. Italy 4.4.4. France 4.4.5. Spain 4.4.6. Rest of Europe 4.5. The Middle East 4.5.1. Turkey 4.5.2. UAE 4.5.3. Saudi Arabia 4.5.4. Rest of the Middle East 4.6. Africa 4.6.1. Egypt 4.6.2. South Africa 4.6.3. Rest of Africa |
| 5. Value Chain Analysis of the Global Brushless DC Motor Market | |
| 6. Porter Five Forces Analysis | 6.1. Threats of New Entrants 6.2. Threats of Substitutes 6.3. Bargaining Power of Buyers 6.4. Bargaining Power of Suppliers 6.5. Competition in the Industry |
| 7. Trends, Drivers and Challenges Analysis | 7.1. Market Trends 7.1.1. Market Trend 1 7.1.2. Market Trend 2 7.1.3. Market Trend 3 7.1.4. Market Trend 4 7.1.5. Market Trend 5 7.2. Market Drivers 7.2.1. Market Driver 1 7.2.2. Market Driver 2 7.2.3. Market Driver 3 7.2.4. Market Driver 4 7.2.5. Market Driver 5 7.3. Market Challenges 7.3.1. Market Challenge 1 7.3.2. Market Challenge 2 7.3.3. Market Challenge 3 7.3.4. Market Challenge 4 7.3.5. Market Challenge 5 |
| 8. Regulatory Landscape | |
| 9. Competitive Landscape | 9.1. ABB Group 9.2. Nidec Corp. 9.3. Johnson Electric Holdings Ltd. 9.4. Maxon Motor AG 9.5. Oriental Motor Co., Ltd. 9.6. Company 6 9.7. Company 7 9.8. Company 8 9.9. Company 9 9.10. Company 10 |
Brushless DC Motor Market – Frequently Asked Questions (FAQs)
What is the current size of the global brushless dc motor market?
The market size for the global brushless dc motor market in 2024 is $17.13 Billion.
Who are the major vendors in the global brushless dc motor market?
The major vendors in the global brushless dc motor market are ABB Group, Nidec Corp., Johson Electric Holdings Ltd.,, Maxon Motor AG, Oriental Motor Co., Ltd.
Which segments are covered under the global brushless dc motor market segments analysis?
This report offers in-depth insights into each type, speed, end user.