North America Electric DC Motor Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Brushed DC Motors and Brushless DC Motors), Speed (Low, Medium, and High), and Application (Industrial Machinery, Automotive & Transportation, HVAC Eq

North America Electric DC Motor Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Brushed DC Motors and Brushless DC Motors), Speed (Low, Medium, and High), and Application (Industrial Machinery, Automotive & Transportation, HVAC Equipment, Aerospace & Defense, Household Appliances, and Others)

The North America electric DC motor market is expected to reach US$ 6,355.1 million by 2028 from US$ 3,784.5 million in 2021. The market is estimated to grow at a CAGR of 7.7% from 2021 to 2028.

Heating, ventilation, and air conditioning (HVAC) systems maintain interior air quality and provide thermal comfort. According to the US Department of Energy, the demand for HVAC equipment in 2020 was 10% higher than in 2019. They are a crucial aspect of modern infrastructure, especially in large office buildings and commercial malls. Electric DC motors are often used in HVAC systems to extend their life, power, and airflow efficiency. These factors are propelling the requirement for HVAC systems across the region, thereby driving the demand for electric DC motors.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America electric DC motor market. The North America electric DC motor market is expected to grow at a good CAGR during the forecast period.

North America Electric DC Motor Market Revenue and Forecast to 2028 (US$ Million)

North America Electric DC Motor Market Segmentation

By Type

Brushed DC Motors Brushless DC Motors

By Speed

Low Medium High

By Application

Industrial Machinery Automotive and Transportation HVAC Equipment Aerospace & Defense Household Appliances Others

By Country

US Canada Mexico

Companies Mentioned

ABB Ltd AMETEK Inc. Yaskawa Electric Corporation Johnson Electric Holdings Limited Nidec Corporation Siemens AG Allied Motion Technologies Inc. Minebea Mitsumi, Inc. Maxon Motors AG Regal Rexnord Corporation

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