Electric DC Motors: Which Type dominates the Market? - PowerPoint PPT Presentation

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Electric DC Motors: Which Type dominates the Market?

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Title: Electric DC Motors: Which Type dominates the Market?


1
Electric DC Motors Which Type dominates the
Market?
The adoption of 4.0 technologies, such as the
Industrial Internet of Things (IIoT), logistics
automation, and robotics, is constantly rising.
This has increased the use of electric DC motors
across various industry segments such as
industrial machinery, automotive, aerospace,
transportation, HVAC equipment, and household
appliances. According to our experts, the global
electric DC motor market is anticipated to surge
at a CAGR of 8.86 throughout the forecasting
period 2022-2028. Manufacturers across industries
are constantly expanding their product lines with
the integration of technological upgrades. For
instance, automotive players are shifting toward
electric mobility as the electric vehicle market
is estimated to have a potential growth rate of
xx in the coming years. As a result, the sales
of brushless DC motors will gain traction, owing
to 80-90 higher efficiency than conventional
motors.
Brushless Motors The Dominate Type According to
our estimates, brushless DC motors lead the type
segment and is expected to maintain its
stronghold throughout the forecast period. It is
driven due to various advantages such as higher
2
  • efficiency performance and lower susceptibility
    to mechanical wear. Additionally, a high
    power-to- weight ratio, high efficiency,
    practically instantaneous control of speed (RPM)
    torque, high speed, and low maintenance are
    other aspects supplementing the studied growth
    trend.
  • Some examples of industry-wise applications of
    brushless DC motors in various industries are-
  • Brushless DC motors (BLDC) are found in various
    hybrid vehicles, electric vehicles, and personal
    transporters. They are highly preferred in
    long-term continuous duty cycles. Therefore, BLDC
    motors are widely used for traction inverters for
    ePowertrain.
  • In industrial robots, brushless DC motors can be
    used as actuators to move mechanical joints for
    tool positioning in welding, painting, and
    assembly applications. Robotic applications favor
    BLDC motors due to their dependability, power
    density, small size, and simplicity of
    maintenance.

Future Prospects The global industrial production
landscape has changed dramatically. Data
digitization, machine automation, and asset
connectivity is potentially evolving technical
infrastructures. Furthermore, several businesses
use industrial automation components to compete
in todays fast-paced commercial environment.
These factors are expected to contribute to the
studied market during the forecast period. On the
other hand, the rising demand for
energy-efficient electric DC motors in industrial
machinery used in mining, manufacturing, power
generation, and utility sectors is projected to
influence several opportunities for the global
electric DC motor market. FAQ Q1) How is the
global electric DC motor market segmented in
terms of application? Based on the application
segment, the market is divided into industrial
machinery, HVAC Equipment, aerospace and defense,
automotive and transportation, household
appliance, and other applications. Q2) What are
the factors hampering the global electric DC
motor market? The global electric DC motor market
is expected to witness critical challenges, such
as the lack of quality control for electric DC
motors caused by an unorganized market segment
offering low costs for entering the local market
to compete with multinational suppliers.
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