Press Release
Press Release
The global market for electric DC motors has been augmented by the use of electric motors in end-use sectors due to the rising adoption of technically advanced tools in various end-use sectors. Electric DC motors are easy to install, have low maintenance costs, and are an environment friendly means of power generation. All these favourable properties of electric DC motors are contributing to the market growth. The rising global concern regarding environmental degradation has led to the emergence of electric vehicles, which is a factor contributing to the market growth of electric DC motors. Battery-operated electric vehicles require energy-efficient motors to ensure energy consumption, and hence brushless DC motors are widely deployed in electronic vehicles. In addition, brushless DC motors have low noise levels in comparison to conventional brushed motors, which furthers the market growth of overall electric DC motors. Moreover, with increasing government measures to spread awareness regarding the importance of sustainable living and investments in the automotive sector to promote the use of electric vehicles, the market growth of electric DC motors is further invigorating market growth.
Oriental Motor, a leading market player in the global market for electric DC motors, recently announced the expanded lineup of its IP67 brushless motors, parallel shaft BMU and BLE2 series in April 2021. The IP67 brushless motors offered by Oriental Motor are now available from 200W-400W in motor output power. These brushless motors are designed for various industries, including food and beverage, agriculture, and material handling, that require a higher IP rating with a stainless-steel shaft. The stainless-steel shaft and screws, along with one removable wire connection, adds additional flexibility and enhanced protection to the motors. With applicability in various end-use industries, the market growth of overall electric DC motors is being augmented. The market is further expected to be augmented by the expansion strategies of market players like Johnson Electric Holdings Ltd. (HKG: 0179).
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The major players in the global electric DC motors market are AMETEK, Inc., Allied Motion Technologies, Inc., ABB Motors and Mechanical Inc., Siemens Ltd., and Johnson Electric Holdings Ltd., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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