Brushless DC Motor Market Research Report: Information By Type (Inner Rotor, Outer Rotor) By Speed (Less than 500 RPM, 501-2000 RPM, 2001-10000 RPM, More than 10000 RPM) By End Use (Automotive, Consumer Electronics, Manufacturing, Healthcare, Others) and

Brushless DC Motor Market Research Report: Information By Type (Inner Rotor, Outer Rotor) By Speed (Less than 500 RPM, 501-2000 RPM, 2001-10000 RPM, More than 10000 RPM) By End Use (Automotive, Consumer Electronics, Manufacturing, Healthcare, Others) and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa) Industry Forecast to 2030

In 2023, the brushless DC motor market was valued at USD 13,703.23 million. The Brushless DC Motor Market is expected to increase from USD 14,374.36 million in 2024 to USD 22,261.66 million by 2030, representing a compound yearly growth rate (CAGR) of 7.18% during the forecast period (2024- 2030). The Global Brushless DC motor in the pump and spray dispensing products market is primarily driven by rising demand for BLDC motors in the automotive sector. It is expected that as global industrialization grows, energy-efficient motors and equipment automation will become increasingly important.

As a result, these components will help to expand the global brushless DC motor business. Brushless DC motors are more efficient than traditional motors, therefore they require less energy and have lower operating costs. As a result, the market for BLDC motors is expanding due to the growing need for energy-efficient motors in a variety of industries. Furthermore, several governments throughout the world have begun to focus on increasing energy efficiency in the industrial sector in order to reduce carbon emissions while also taking into account environmental concerns.

There are several advantages to using BLDC in robotics, including: no need to worry about brush life, no brush residue, ease of maintenance, low electrical noise, faster maximum speed, cleaner operation, improved efficiency, better reliability, ability to fit into compact spaces, ability to run on batteries, extended lifespan, and others.

Market Segment insights
The Brushless DC Motor Market has been divided by Type into Inner Rotor and Outer Rotor.
The market is divided into four segments based on speed: less than 500 RPM, 501-2000 RPM, 2001-10000 RPM, and more than 10000 RPM.
The Brushless DC Motor Market has been divided by End Use into Automotive, Consumer Electronics, Manufacturing, Healthcare, and Others.

Regional insights
The Brushless DC Motor Market is divided into five regions: North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. The Asia-Pacific Brushless DC Motor Market has the largest market share and is predicted to account for a sizable revenue share throughout the forecast period. The Asia Pacific region's need for brushless DC motors is mostly driven by the rapid expansion of the automobile sector in China, Japan, South Korea, and India. According to Invest India, India is the world's third largest car market, with the automotive sector accounting for 7.1% of the country's GDP. Furthermore, according to an economic analysis conducted in 2023, India's domestic EV market will increase at a compounded rate of 49% from 2022 to 2030, with an annual sales volume of 10 million by 2030.

Major Players
NIDEC CORPORATION, Johnson Electric Holdings Limited, Maxon, Portescap, Oriental Motor Co., Ltd., AMETEK, Inc., MinebeaMitsumi Group, Compage Automation Systems Pvt. Ltd., Balu Forge Industries Limited, and Mabuchi Motor Co., Ltd. are the leading participants in the Brushless DC Motor Market.