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Global Electric DC Motors Market: By Type: Brushed DC Motors, Brushless DC Motors; By Voltage: 0-750 Watts, 750 Watts – 3KW, 3KW – 75KW, Above 75KW; By End Use: Industrial Machinery, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Electric DC Motors Market Outlook
The global electric DC motors market attained a value of about USD 25.4 billion in 2020. The market is further expected to grow at a CAGR of 6.76% during the forecast period of 2023-2028 to reach nearly USD 37.6 billion by 2026.
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Rising Mechanisation in the Industrial Sector to Augment the Market Growth of Electric DC Motors
The global market for electric DC motors is being driven by the deployment of electric DC motors in various end use sectors owing to the adoption of industrial automation. The increasing adoption of 4.0 technologies such as Industrial Internet of Things (IIoT), logistics automation, and robotics, among other technologies, are propelling the market growth of electric DC motors in industrial applications. Furthermore, electric DC motors generate robust market demand from industrial applications that require speed adjustments and low-speed torque.
In addition to this, DC motors are easy to install and have low maintenance costs, which is another factor contributing to the market growth of electric DC motors. The rising innovations in product designs and the constant innovations in technology is transforming the industrial sector towards a more mechanical mode of operations, hence positively influencing the market growth of electric DC motors.
Brushless DC Motors to Hold a Significant Share in the Overall Market Growth of Electric DC Motors
Based on type, the brushless type of DC motors is the fastest revenue-generating motor owing to properties like low noise level, high torque, energy-saving, and enhanced operational efficiency. In addition, brushless DC motors find various applications in domestic use electronic appliances, including hairdryers and vacuum cleaners, which is further accelerating the overall growth of the market. In addition, brushless DC motors find applications in the automotive and electronic industry, hence furthering the overall market growth of electric DC motors.
Electric DC Motors: Market Segmentation
An electric DC motor can be defined as an electric rotary machine that converts electric energy into mechanical energy and is driven on a direct current to produce mechanical power.
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On the basis of type, the market can be divided into:
- Brushed DC Motors
- Brushless DC Motors
Based on voltage, the market can be segmented into:
- 0-750 Watts
- 750 Watts – 3KW
- 3KW – 75KW
- Above 75KW
The market, based on end use, can be categorised into:
- Industrial Machinery
- Motor Vehicles
- HVAC Equipment
- Aerospace and Transportation
- Household Appliances
- Others
The EMR report looks into the regional markets of electric DC motors like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
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Deployment of Electric DC Motors in HVAC Equipment to Drive the Market Growth
The growth in the global market for electric DC motors can be attributed to the rising developmental projects in emerging economies where HVAC equipment are installed. Electric DC motors are widely used in heating, ventilation, and air conditioning systems to achieve high efficiency in ventilation and to maximise the life and power of HVAC systems. Owing to a rapid increase in commercial and residential construction projects owing to industrialisation and urbanisation in countries like India and China, the demand for HVAC systems in the Asia Pacific region is driving the market growth of electric DC motors.
Furthermore, with rising pollution levels in the region, government measures advocating the adoption of energy-efficient HVAC systems is further stimulating the market growth of electric DC motors. Moreover, owing to rising concerns regarding depletion of natural resources due to overconsumption of fossil fuels, electric DC motors provide cleaner consumption and aids in cutting down energy costs, which is further bolstering the market growth of electric DC motors.
Key Industry Players in the Global Electric DC Motors Market
The report presents a detailed analysis of the following key players in the global electric DC motors market, looking into their capacity, market share, and latest developments like capacity expansions, plant turnabouts and mergers and acquisitions:
- AMETEK, Inc.
- Allied Motion Technologies, Inc.
- ABB Motors and Mechanical Inc.
- Siemens Ltd.
- Johnson Electric Holdings Ltd.
- Others
The comprehensive report looks at the micro and macro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of the Porter’s Five Forces Model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Voltage, End Use, Region |
| Breakup by Type | Brushed DC Motors, Brushless DC Motors |
| Breakup by Voltage | 0-750 Watts, 750 Watts – 3KW, 3KW – 75KW, Above 75KW |
| Breakup by End Use | Industrial Machinery, Motor Vehicles, HVAC Equipment, Aerospace and Transportation, Household Appliances, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | AMETEK, Inc., Allied Motion Technologies, Inc., ABB Motors and Mechanical Inc., Siemens Ltd., Johnson Electric Holdings Ltd., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Electric DC Motors Market Analysis
8.1 Key Industry Highlights
8.2 Global Electric DC Motors Historical Market (2018-2022)
8.3 Global Electric DC Motors Market Forecast (2023-2028)
8.4 Global Electric DC Motors Market by Type
8.4.1 Brushed DC Motors
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Brushless DC Motors
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Electric DC Motors Market by Voltage
8.5.1 0-750 Watts
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 750 Watts – 3KW
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 3KW – 75KW
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Above 75KW
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.6 Global Electric DC Motors Market by End Use
8.6.1 Industrial Machinery
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Motor Vehicles
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 HVAC Equipment
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Aerospace and Transportation
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Household Appliances
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
8.6.6 Others
8.7 Global Electric DC Motors Market by Region
8.7.1 North America
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2022)
8.7.5.3 Forecast Trend (2023-2028)
9 North America Electric DC Motors Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Electric DC Motors Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Electric DC Motors Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Electric DC Motors Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Electric DC Motors Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 AMETEK, Inc.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Allied Motion Technologies, Inc.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 ABB Motors and Mechanical Inc.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Siemens Ltd.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Johnson Electric Holdings Ltd.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Electric DC Motors Market: Key Industry Highlights, 2018 and 2028
2. Global Electric DC Motors Historical Market: Breakup by Type (USD Billion), 2018-2022
3. Global Electric DC Motors Market Forecast: Breakup by Type (USD Billion), 2023-2028
4. Global Electric DC Motors Historical Market: Breakup by Voltage (USD Billion), 2018-2022
5. Global Electric DC Motors Market Forecast: Breakup by Voltage (USD Billion), 2023-2028
6. Global Electric DC Motors Historical Market: Breakup by End Use (USD Billion), 2018-2022
7. Global Electric DC Motors Market Forecast: Breakup by End Use (USD Billion), 2023-2028
8. Global Electric DC Motors Historical Market: Breakup by Region (USD Billion), 2018-2022
9. Global Electric DC Motors Market Forecast: Breakup by Region (USD Billion), 2023-2028
10. North America Electric DC Motors Historical Market: Breakup by Country (USD Billion), 2018-2022
11. North America Electric DC Motors Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Europe Electric DC Motors Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Europe Electric DC Motors Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Asia Pacific Electric DC Motors Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Asia Pacific Electric DC Motors Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Latin America Electric DC Motors Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Latin America Electric DC Motors Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Middle East and Africa Electric DC Motors Historical Market: Breakup by Country (USD Billion), 2018-2022
19. Middle East and Africa Electric DC Motors Market Forecast: Breakup by Country (USD Billion), 2023-2028
20. Global Electric DC Motors Market Structure
Key Questions Answered in the Report
The global electric DC motors market attained a value of nearly USD 25.4 billion in 2020.
The market is projected to grow at a CAGR of 6.76% in the forecast period of 2023-2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach about USD 37.6 billion by 2026.
The industry is being driven by the wide deployment of brushless DC motors in various industry vehicles, and the increasing automation in the industrial sector.
The global market for electric DC motors is being propelled by the deployment in HVAC systems to achieve energy efficient and low-cost airflow systems.
The major regional markets for electric DC motors are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
The major types of electric DC motors are brushed DC motors and brushless DC motors.
The market segmentations based on voltage are 0-750 Watts, 750 Watts – 3KW, 3KW – 75KW, and above 75KW.
The significant end uses of electric DC motors are industrial machinery, motor vehicles, HVAC equipment, aerospace and transportation, and household appliances, among others.
The major players in the industry are AMETEK, Inc., Allied Motion Technologies, Inc., ABB Motors and Mechanical Inc., Siemens Ltd., and Johnson Electric Holdings Ltd., among others.
Analyst Review
The global electric DC motors market attained a value of about USD 25.4 billion, driven by the surge in technical advancements in the industrial sector. Aided by the robust demand for brushless DC motors, the market is expected to grow at a CAGR of 6.76% in the forecast period of 2023-2028 to reach nearly USD 37.6 billion by 2026.
EMR’s meticulous research methodology delves deep into the market covering the macro and micro aspects of the industry. Based on type, the market is divided into brushed DC motor and brushless DC motor. The market, on the basis of voltage, is segmented into 0-750 Watts, 750 Watts – 3KW, 3KW – 75KW, and above 75KW. Based on end use, the market can be categorised into industrial machinery, motor vehicles, HVAC equipment, aerospace and transportation, and household appliances, among others. The major regional markets for electric DC motors are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa. They key players in the industry are AMETEK, Inc., Allied Motion Technologies, Inc., ABB Motors and Mechanical Inc., Siemens Ltd., and Johnson Electric Holdings Ltd., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.
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