Brushless DC Motor Market Size Worth $23.59 Billion By 2032 | CAGR: 6.8%

The global brushless DC motor market size is expected to reach USD 23.59 billion by 2032, according to a new study by Polaris Market Research. The report “Brushless DC Motor Market Share, Size, Trends, Industry Analysis Report, By Type (Inner Rotor and Outer Rotor); By Speed; By End-Use; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The brushless DC motor market is growing at a rapid pace due to the growing demand and advancements in the automotive sector. The growth in the production and usage of electric cars is one of the reasons driving the brushless DC motor industry. The primary factors driving the brushless DC motor market include the rise in the demand for affordable, energy-efficient, and environmentally friendly motors; the need for sophisticated vehicles with upgraded features like power seats, adjustable mirrors, and sunroof systems; and the government's numerous initiatives to encourage the use of EVs.

Furthermore, brushless DC motors offer a host of benefits that are expected to bolster the market's growth during the estimated period. These benefits include enhanced uniformity, extended service life, decreased noise, electricity conservation, and increased equipment productivity. They have many benefits, including being thermally robust, simple to maintain, able to run at low temperatures, less likely to ignite, and producing significant torque and rpm.

Growing Demand for Electric Vehicles: As the world moves toward sustainability, there is an increasing demand for electric vehicles or EVs. They provide both power and efficiency. BLDC motors are essential to EV propulsion systems, which is why their popularity is increasing, and hence, the market is expected to grow significantly during the forecast period.

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It is anticipated that as industrialization increases globally, energy-efficient motors and machinery automation will become increasingly crucial. These elements will consequently support the expansion of the brushless DC motor market worldwide. Because brushless DC motors are more efficient than conventional motors, they use less energy and have lower running expenses. Consequently, the market for BLDC motors is expanding due to the rising need for energy-efficient motors across a range of industries.

In February 2023, one of the top water purifier manufacturers, Kent RO Systems, introduced a platinum line of "Kuhl Stylish Fans." With its brushless DC motor, these exceptionally energy-efficient fans operate silently and are said to have a longer motor life than standard motors. A remote-control mechanism is included with the recently released fans to regulate and adjust the fan speeds. 

Brushless DC Motor Market Report Highlights

• In 2023, the 501 to 2000 RPM segment held the largest revenue share, however, applications ranging from 501 to 2000 RPM are appropriate for a wide variety of industries. This RPM range of motors can be used in HVAC systems, robotics, industrial automation and other devices.
• the automotive segment accounted for the highest market share in 2023. The development of automated and electric vehicles often involves the use of various electric motors, including brushless DC motors. The automotive industry's focus on autonomous driving and electrification can drive the demand for these motors.
• In 2023, North America dominated the largest market due to rising demand for HVAC, Rapid industrialization and electronic devices, which drives the demand for BLDC motors. Robust manufacturing infrastructure and significant investments in research and development provide North American players with a competitive edge in the worldwide BLDC motor market.
• Asia Pacific region is projected to grow at the fastest CAGR during the forecast period. These region in automotive sector is predicted to expand at a large rate, which will drive significant growth in the brushless DC motor market. The availability of high-quality and affordable motors has been a key driver of growth in the region.
• The global key market players include Allied Motion Inc., Johnson Electric Holdings Limited, WEG, Nidec Corporation, Arc Systems, Anaheim Automation, Inc., Bühler Motor GmbH, Electrocraft Inc., Toshiba Corporation, Ametek, Inc., Rockwell Automation, Inc., Siemens.

Polaris Market Research has segmented the brushless DC motor market report based on type, speed, end-use, and region:

Brushless DC Motor, Type Outlook (Revenue - USD Billion, 2019 - 2032)

• Inner rotor
• Outer rotor

Brushless DC Motor, Speed Outlook (Revenue - USD Billion, 2019 - 2032)

• Less Than 500 RPM
• 501 To 2000 RPM
• 2001 To 10,000 RPM
• More Than 10,000 RPM

Brushless DC Motor, End-Use Outlook (Revenue - USD Billion, 2019 - 2032)

• Industrial Machinery
• Automotive
• Healthcare
• HVAC Industry
• Power tools
• Others

Brushless DC Motor, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

• North America

• U.S.
• Canada

• Europe

• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands

• Asia Pacific

• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia

• Latin America

• Argentina
• Brazil
• Mexico

• Middle East & Africa

• UAE
• Saudi Arabia
• Israel
• South Africa

Brushless DC Motor Market Report Scope