Global Brushless DC Motors Market Projected to Reach US$ 8.15 Billion by 2021
Asia-Pacific is currently the largest market for brushless DC motors, followed by North America, Europe, and South America. Asia-Pacific market is driven by growth of consumer electronics. The market in the Asia-Pacific region is projected to grow at a higher rate, with China expected to dominate the market.
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The brushless DC motors market is projected to reach USD 8.15 billion by 2021, growing at a CAGR of 9.4% from 2016 to 2021. Brushless DC motors are widely used in manufacturing, medical devices, automotive, and consumer electronic sector.
Introduction
1 Objectives of the Study
2 Market Definition
3 Market Scope
4 Markets Covered
5 Years Considered for the Study
6 Currency
7 Limitation
8 Stakeholders
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The ecosystem of the global brushless DC motors market starts with the parent electric motors market, which is further categorized as brushed and brushless DC motors depending upon its configuration. The brushless DC motors is a permanent magnet synchronous electric motors which is driven by direct current electricity.
Brushless DC Motors Market, By Type
1 Introduction
2 Inner Rotor
3 Outer Rotor
Brushless DC Motors Market, By Speed
1 Introduction
2 <500 RPM Speed Range
3 501–2,000 RPM Speed Range
4 2,001-10,000 RPM
5 >10,000 RPM
Target audience
- Brushless DC motors manufacturing companies
- Electronic equipment, automobile parts, and medical devices manufacturers
- Government and research organizations
- National and local government organizations
- Institutional investors
- Associations
The brushless DC motors market is further classified as Inner Rotor Brushless DC motors and Outer Rotor Brushless DC motors. Depending on the application, these motors are used in process automation and in equipment by major industries like industrial manufacturing, automotive, consumer electronics, and medical devices.
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The distribution of primary interviews is as follows:
- By Company Type: Tier 1- 30%, Tier 2- 35%, Tier 3- 35%
- By Designation: C-Level- 10%, D-Level- 30%, Others- 60%
- By Region: North America- 12%, Asia-Pacific-55%, Europe-10%, South America-3%Middle East- 11%, Africa- 9%
The report segments the brushless DC motor market on the basis of type into inner rotor and outer rotor brushless DC motor. The nner rotor brushless DC motors are widely used in applications where faster acceleration and deceleration of speed and position, high starting torque, and reversible action is required. Due to these reasons inner rotor brushless DC motor segment is projected to dominate the brushless DC motor market.
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