As cited by the research report titled ‘Global Brushless DC Motor Market Size study, by Type (Inner Rotter, Outer Rotter), by speed (<500 RPM, 501-2,000 RPM, 10,000 RPM), by End use (consumer electronics, automotive, manufacturing, medical devices, others) and Regional Forecasts 2021-2027’, available with Market Study Report, global brushless DC motor market was worth USD 9.74 billion in 2020 and is projected to grow with a CAGR of 9.3% to accumulate USD 18.15 billion over 2021-2027.
 

Increasing demand for heating, air conditioning, and ventilation or HVAC, expanding modern infrastructure, and developing electrical sector are the major factors driving the global brushless DC motor growth. Additionally, increasing government support by means of incentives and tax redemptions to boost adoption of eco-friendly electrical vehicles is augmenting the product demand.
 

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For the record, brushless DC motor is made up of a rotor, wherein stator and permanent magnet are set as polyphase armature windings. It is different than the conventional DC motor as it doesn’t contain brushes and the communication takes place using an electronic drive to feed the stator windings. It is used in industry as a linear motor, actuators for industrial robots, servomotors, extruder drive motors, and feed drive for CNC machine tools.
 

As cited in the report, availability of cheap and low-quality brushless DC motors is likely to arrest the market progression over the analysis timeline of 2021-2027.
 

Based on type, global brushless DC motor industry is segmented into inner rotter, and outer rotter. Speaking of speed range, the marketplace is divided into <500 RPM, 501-2,000 RPM, and 10,000 RPM. Considering end user spectrum, the business space is categorized into consumer electronics, manufacturing, automotive, medical devices, and others.
 

On the regional front, Europe, North America, Asia Pacific, and Latin America are chief contributors towards the total valuation of the industry. Of these, Europe holds a significant position in the overall marketplace, on account of increasing adoption of motorized vehicles.
 

Meanwhile, Asia Pacific market is anticipated to showcase impressive growth trends through 2027, owing to rising disposable income, and massive manufacturing of electronics components & devices in the region.
 

Prominent players influencing the worldwide brushless DC motor industry dynamics are Bühler Motor Inc., Oriental Motor Co. Ltd., maxon Group, ElectroCraft Inc., Regal Beloit Corporation, Johnson Electric, MinebeaMitsumi Inc., Nidec Corporation, Allied Motion Technologies Inc., and Ametek Inc.