Brushless DC Motor Market

Brushless DC Motor Market Outlook (2024 to 2034)

A recently updated market analysis by Fact.MR reveals that worldwide revenue from brushless DC (BLDC) motor market size is evaluated to reach US$ 20.89 billion in 2024. The global brushless DC motor market has been analyzed to expand at a CAGR of 6.3% and reach US$ 38.49 billion by the end of 2034.

Global brushless DC motor market growth is being driven by the capacity of these motors to minimize energy consumption. They also find application in increasing the operational effectiveness of the equipment they are utilized in. Brushless direct current motors offer a significant level of dependability and efficiency in most use cases such as air conditioners, window lifters, and sunroof actuators. It is easy to operate these motors at low temperatures due to their thermal resistance and minimal maintenance requirements.

Rising number of machinery pieces, systems, and devices is contributing to a dramatic increase in brushless DC motor demand. There is growing use of BLDC motors in the automotive industry in electric and hybrid cars. In addition, they are also used in different automotive applications such as engine cooling fans, air conditioning, and power steering. Their high density and power efficiency help increase the range of EVs, which is the prime focus of automobile manufacturers these days.

There is an increased demand for brushless DC motors owing to the widespread utilization of smart home appliances and IoT (Internet of Things) devices. This is especially true for applications such as smart HVAC systems, consumer electronics, and home automation. These motors are adopted as a perfect solution for smart devices due to their ability to offer increased efficiency, quieter operation, and higher controllability.

• Worldwide demand for BLDC motors for use in the automotive industry is evaluated to accelerate at a CAGR of 6.4% and reach a value of US$ 11.28 billion by 2034-end.
• East Asia is approximated to capture 37.2% of the global brushless DC motor market share by the end of 2034.
• Sales of brushless DC motors in South Korea are projected to rise at 6.3% CAGR from 2024 to 2034.

Report Attribute	Detail
Brushless DC Motor Market Size (2024E)	US$ 20.89 Billion
Forecasted Market Value (2034F)	US$ 38.49 Billion
Global Market Growth Rate (2024 to 2034)	6.3% CAGR
Market Share of 0 to 750 Watts Motors (2034F)	35.8%
North America Market Share (2034F)	29.7%
Japan Market Growth Rate (2024 to 2034)	6.5% CAGR
Key Companies Profiled	North American Electric Inc.; ABB Ltd.; TECO Electric & Machinery Co. Ltd.; Allied Motion Technologies Inc.; Siemens; Ametek Inc.; ORIENTAL MOTOR USA CORP.; Schneider Electric; Baldor Electric Company Inc.; TOSHIBA CORPORATION; Regal Beloit Corporation; Johnson Electric Holdings Limited; Nidec Motor Corporation; Rockwell Automation, Inc.; Maxon.

Why are Sales of Brushless DC Motors Gaining Traction Globally?

“Sensor-less Controlling Features of Brushless DC Motors”

Sensor-less control featurea of brushless DC motors are contributing to their reduced size and weight. Their greater durability and dependability are promoting their use in the mainstream. Artificial neural networks, torque estimation circuitry, dynamic input voltage, and direct torque control are some of the key strategies utilized by market participants. Further, introducing sensor-less control for brushless DC motors leads to increased dependability and longevity, decreasing the count of mechanical misalignments, and reducing the size and weight of the product.

“Proliferation of Electric Vehicle Industry”

Surging popularity of EVs (electric vehicles) is assisting in alleviating certain issues, such as global warming, pollution, and oil reliance. Multiple countries are actively involved in the development and execution of several initiatives for supporting the use and manufacturing of EVs. Greater peak point efficiency and decreased rotor heat are some of the key benefits of using hybrid and electric cars. Furthermore, improved efficiency, pocket-friendly maintenance, quick reaction, and fast operating speed are contributing to the growing adoption of brushless DC motors in electric vehicles.

What Issue Do BLDC Motor Manufacturers Face?

“Higher Cost of BLDC Motors”

Higher initial costs along with the requirements for installing a control system are having an adverse impact on global market growth. A switching controller is required for the proper charging of BLDC motors. Moreover, the availability of low-grade quality and low-cost motors in grey markets is also limiting their demand.

What Brushless DC Motor Market Trends Should New Companies Capitalize On?

“Increasing Popularity of Miniature Brushless DC Motors”

There is rising popularity of miniature brushless DC motors due to their efficient performance and compact size. These more effective motors are catering to the multiple essential requirements of diverse sectors, such as consumer electronics, aerospace, defense, and others. Startups should focus on producing motors with energy efficiency, extended product lifespans, and seamless functionality.

Country-wise Insights

East Asia is forecasted to account for a share of 37.2% of the global market by the end of 2034, as opined in the recently updated study by Fact.MR, a market research and competitive intelligence provider. Increased demand for brushless DC motors is due to the presence of a burgeoning electronics sector, which is one of the key end-use industries. Further, as a manufacturing hub for several types of electronic components, increased demand for BLDC motors is also being seen in the region.

What Potential Does the United States Hold for Market Players?

“Presence of Robust Aerospace and Defense Sectors”

Attribute	United States
Market Value (2024E)	US$ 5.03 Billion
Growth Rate (2024 to 2034)	6.4% CAGR
Projected Value (2034F)	US$ 9.33 Billion

The United States is projected to capture 81.6% share of North American market revenue by 2034-end. The presence of well-established defense and aerospace industries is accelerating demand for BLDC motors in the country. Some pioneer endeavors, which are led by visionary companies, such as SpaceX and NASA in space exploration are driving demand for BLDC motors. Some ambitious space exploration programs by NASA, such as Viper and DaVinci are catalyzing the BLDC motor market growth.

What’s Responsible for Expanding Brushless DC Motor Market Size in China?

“Huge Industrial Machinery Industry in the Country”

Attribute	China
Market Value (2024E)	US$ 4.06 Billion
Growth Rate (2024 to 2034)	6.4% CAGR
Projected Value (2034F)	US$ 7.57 Billion

China is calculated to hold a share of 52.9% of the market in East Asia by the end of 2034. An expansion of the industrial machinery market in the country is driving demand for brushless DC motors. In addition, a noteworthy growth in the automotive industry with the increased popularity of electric and hybrid vehicles is also contributing to the rising sales of BLDC motors.

What is Augmenting Demand for Brushless DC Motors in Japan?

“Growing Demand from Manufacturing Sector”

Attribute	Japan
Market Value (2024E)	US$ 1.78 Billion
Growth Rate (2024 to 2034)	6.5% CAGR
Projected Value (2034F)	US$ 3.34 Billion

Japan is evaluated to possess a share of 23.3% of East Asian market revenue by 2034. The country is one of the key manufacturing hubs for several sectors, such as automotive, industrial machinery, electronics, and consumer goods. Robust supply chain networks and manufacturing infrastructure are making Japan one of the favored destinations for producing BLDC motors.

Category-wise Insights

There is increased demand for BLDC motors in the automotive industry because of their reduced friction, as mentioned in the recently updated report published by Fact.MR. Their reduced friction minimizes chances of wear and tear thereby making them a popular choice among automotive manufacturers.

Why are Sales of 0 to 750 Watts Brushless DC Motors Rising Faster?

“Growing Demand for BLDC Motors of 0 to 750 Watts for Their Efficiency”

Attribute	0 to 750 Watts
Segment Value (2024E)	US$ 7.4 Billion
Growth Rate (2024 to 2034)	6.4% CAGR
Projected Value (2034F)	US$ 13.78 Billion

Brushless DC motors of 0 to 750 watts are approximated to occupy a 35.8% share of global market revenue by the end of 2034. Household appliances, compressors, pumps, and modern fans distinguish themselves through product efficiency based on their increased productivity and energy savings. Increased industrial output of these motors is contributing to their growing sales globally.

Which End-use Industry Accounts for Higher Sales of Brushless DC Motors?

“Reduced Friction of Brushless DC Motors Driving Demand in Automotive Industry”

Attribute	Automotive
Segment Value (2024E)	US$ 6.04 Billion
Growth Rate (2024 to 2034)	6.4% CAGR
Projected Value (2034F)	US$ 11.28 Billion

The automotive sector is analyzed to contribute a share of 29.3% of the global market by 2034-end. Motors of different types and specifications are utilized in the automotive industry for multiple purposes. There is a growing preference for BLDC motors compared to conventional power trains because of their reduced friction. Friction reduction ensures minimal chances of wear and tear on these motors, subsequently contributing to their increased use in a wide application range in motorized vehicles.

Competitive Landscape

The global market is highly competitive with the presence of several local as well as global players. Key players in the brushless DC motor market are competing on several factors, such as customer service, quality, distribution networks, and product innovation.

For instance :

• MEAN WELL is one of the prominent players operating in the power industry and advocating sustainability. In October 2023, the company came up with the VFD Series, which is an industrial BLDC motor variable frequency drive. Further, this newly developed product line addresses the growing requirements for emission reduction and energy efficiency amid rising concerns about climate change.

Fact.MR provides detailed information about the price points of key manufacturers of brushless DC motors positioned across the world, sales growth, production capacity, and speculative technological expansion, in this recently updated market report.

Segmentation of Brushless DC Motor Market Research

• By Type :

  • Inner Rotors
  • Outer Rotors

• By Power :

  • 0 to 750 Watts
  • 751 Watts to 3 kW
  • 3.1 kW to 75 kW
  • Above 75 kW

• By End-use Industry :

  • Consumer Electronics
  • Automotive
  • Manufacturing
  • Medical Devices
  • Others

• By Region :

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • East Asia
  • South Asia & Pacific
  • MEA