Electric DC Motors Market Share, Manufactures Analysis, Trends And Forecast To 2025
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<strong>Electric</strong> <strong>DC</strong> <strong>Motors</strong> <strong>Market</strong> <strong>Share</strong>, <strong>Manufactures</strong> <strong>Analysis</strong>, <strong>Trends</strong><br />
<strong>And</strong> <strong>Forecast</strong> <strong>To</strong> <strong>2025</strong><br />
“Global <strong>Electric</strong> <strong>DC</strong> <strong>Motors</strong> <strong>Market</strong> is predicted to reach USD<br />
34.25 billion by <strong>2025</strong> owing to the extensive use of electric<br />
motors in machines, electric cars, compressors, domestic<br />
appliances, etc. A <strong>DC</strong> motor is an electric motor that operates on<br />
<strong>DC</strong> (direct current) power and whose operation is based on<br />
electromagnetism.”<br />
Global <strong>Electric</strong> <strong>DC</strong> <strong>Motors</strong> <strong>Market</strong> is predicted to reach USD 34.25 billion by <strong>2025</strong> owing to the extensive use of<br />
electric motors in machines, electric cars, compressors, domestic appliances, etc. A <strong>DC</strong> motor is an electric motor<br />
that operates on <strong>DC</strong> (direct current) power and whose operation is based on electromagnetism.<br />
The current carrying conductor generates a magnetic field that is positioned in the external magnetic field.<br />
Electronic <strong>DC</strong> motor is a device that converts electrical energy to mechanical energy. The current carrying<br />
conductor is positioned on a magnetic field that stimulates a force causing the mechanical device to rotate.<br />
Major characteristics of electric <strong>DC</strong> motor like low maintenance, long operating life and low energy consumption<br />
are expected to stimulate the demand of electric <strong>DC</strong> motors. Owing to these features along with higher<br />
efficiency, electric <strong>DC</strong> motors market is expected to grow at a CAGR of 6.1% in the coming years.<br />
The increase in automobile production and number of motors per car are altogether projected to boost the<br />
market in the years to come. <strong>Electric</strong> <strong>DC</strong> motors industry is also driven by the increasing manufacturing and<br />
purchasing activities in the industry worldwide. Improving living standards and rising income levels are<br />
estimated to spur the production of electronic appliances and motor vehicles. The increase in popularity of<br />
automobile features like adjustable mirrors, sunroof systems, motorized seats are driving the demand for<br />
electric <strong>DC</strong> motors.<br />
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The mounting fuel prices and rising need among consumers for using cleaner energy have stimulated the<br />
demand for electric motors in the past years. The use of <strong>DC</strong> type, as an essential of electric motors is predicted<br />
to fuel the electric <strong>DC</strong> motors industry in the forecast period. The automobile industries are making huge<br />
investments to cater to strict pollution standards due to which the market is predicted to grow exponentially.<br />
The strict regulations concerning reduction of CO2 emissions is all set to impact the growth of electric <strong>DC</strong> motors<br />
market positively. The original equipment manufacturers (OEMs)are forced to reduce their fleet emissions that<br />
will bring challenge along with ICE optimization. Accomplishing these targets after some years will require<br />
electrification, which again encourages the demand for electric <strong>DC</strong> motors<br />
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However, the supply chain and operational issues may give rise to challenges for the industry players. The issues<br />
may comprise difference in expectations of manufacturer & consumer regarding service quality and product<br />
delivery mismanagement. Probability of product failure because of overheating and low resistance is yet<br />
another restraint to the growth of the market.<br />
<strong>Electric</strong> <strong>DC</strong> motors industry is categorized on the basis of type, voltage, end-use and geography. On the basis of<br />
type, the market is divided into Brushless <strong>DC</strong> Motor and Brushed <strong>DC</strong> Motor. In terms of Voltage, the market is<br />
classified into 3 kW - 75 kW, 750 Watts - 3 kW, 0 - 750 Watts, Above 75 kW. On the basis of End-Use, the market<br />
is divided into Motor Vehicles, Aerospace & Transportation, Household Appliances, Industrial Machinery, and<br />
HVAC Equipment.<br />
Geographically, electric <strong>DC</strong> motors market is segmented as North America, Europe, Asia Pacific and Middle East<br />
& Africa. Asia Pacific is predicted to dominate market in future due to the continuous growth in agriculture<br />
sector and rapid industrialization in several regions.<br />
The major participants in electric <strong>DC</strong> motors industry are ABB Ltd., Siemens AG, Nidec Corporation, Denso<br />
Corporation, General <strong>Electric</strong> Company, Allied Motion Technologies, Inc., Ametek, Inc., Arc System, Inc., Baldor<br />
<strong>Electric</strong> Company, Bosch Group, Emerson <strong>Electric</strong> Co., Hitachi Ltd., Johnson <strong>Electric</strong> Holdings Ltd., Regal Beloit<br />
Corporation, Rockwell Automation, <strong>To</strong>shiba International Corporation, and WEG.<br />
<strong>Market</strong> Segment:<br />
<strong>Electric</strong> <strong>DC</strong> <strong>Motors</strong> Type Outlook (Revenue, USD Million, 2014 - <strong>2025</strong>)<br />
• Brushed <strong>DC</strong> <strong>Motors</strong><br />
• Brushless <strong>DC</strong> <strong>Motors</strong>
<strong>Electric</strong> <strong>DC</strong> <strong>Motors</strong> Voltage Outlook (Revenue, USD Million; 2014 - <strong>2025</strong>)<br />
• 0 - 750 Watts<br />
• 750 Watts - 3 kW<br />
• 3 kW - 75 kW<br />
• Above 75 kW<br />
<strong>Electric</strong> <strong>DC</strong> <strong>Motors</strong> End-Use Outlook (Revenue, USD Million; 2014 - <strong>2025</strong>)<br />
• Industrial Machinery<br />
• Motor Vehicles<br />
• HVAC Equipment<br />
• Aerospace & Transportation<br />
• Household Appliances<br />
• Others<br />
<strong>Electric</strong> <strong>DC</strong> <strong>Motors</strong> Regional Outlook (Revenue, USD Million; 2014 - <strong>2025</strong>)<br />
• North America<br />
• U.S.<br />
• Canada<br />
• Europe<br />
• UK<br />
• Germany<br />
• Asia Pacific<br />
• China<br />
• India<br />
• Japan
• Latin America<br />
• Brazil<br />
• Mexico<br />
• Middle East & Africa<br />
See More Reports of this Category by Million Insights @<br />
https://www.millioninsights.com/industry/consumer-electronics<br />
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