Technavio's global brushless DC (BLDC) motors market research report forecasts the market to grow at a CAGR of almost 13% during the forecast period.
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Technavio has published a new market research report on the global brushless DC motors market for the period 2018-2022. (Graphic: Business Wire)
The development of sensor-less BLDC motors will be one of the major trends in the global brushless DC motors marketduring 2018-2022. BLDC motors require sensors for electronic commutation. These sensors increase the complexity of the design of BLDC motors owing to the need for additional wiring to limit their application in harsh environments. The development of sensor-less technology has eliminated a few of these drawbacks. A few vendors such as Texas Instruments provide drive systems for BLDC motors, which do not need a hall sensor for determining the position of the rotors. This new technology uses back EMF for position feedback.
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According to Technavio analysts, one of the key drivers for the global brushless DC motors market is the increasing use of BLDC in consumer durables:
Global brushless DC motors market: Increasing use of BLDC in consumer durables
While purchasing consumer durable products such as air conditioners, consumers seek products that are reliable and energy-efficient. BLDC motors fulfill these requirements as they do not have brushes, which cause wear and tear and frictional losses. Additionally, the cost of electrical systems converting AC power into DC power has reduced, which has led to an increase in the usage of BLDC motors.
According to a senior analyst at Technavio for research on automation, "During the forecast period, the global consumer durable market is anticipated to register an impressive growth owing to the expected increase in the per capita income of developing and emerging economies such as China, India, and Nigeria. This growth is anticipated to boost the demand for BLDC motors during the forecast period."
Global brushless DC motors market: Segmentation analysis
This global brushless DC motors market analysis report provides market segmentation by product (BLDC motors of less than 750 W power rating, BLDC motors between 750 W to 3 kW power rating, BLDC motors with more than 75 kW power rating, and BLDC motors between 3 kW to 75 kW power rating), by end-users (industrial, consumer durables, automotive, aerospace and defense, and healthcare), and by region (the Americas, APAC, and EMEA). This brushless DC motors market forecast report provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.
Of the five major end-users, the industrial segment held the largest brushless DC motors market share in 2017, contributing to more than 27% of the market. This end-user segment will dominate the global market throughout the forecast period.
APAC held the largest share of the market in 2017, accounting for more than 48% share. It was followed by the Americas and EMEA respectively. APAC is expected to dominate the market throughout the period 2018-2022.
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Some of the key topics covered in the report include:
Market Landscape
- Market ecosystem
- Market characteristics
- Market segmentation analysis
Market Sizing
- Market definition
- Market size and forecast
Five Forces Analysis
Market Segmentation
Geographical Segmentation
- Regional comparison
- Key leading countries
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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