PUBLISHER: KBV Research | PRODUCT CODE: 1457178
PUBLISHER: KBV Research | PRODUCT CODE: 1457178
The Europe Brushless DC Motor Market would witness market growth of 6.6% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 5,175.0 thousand units, showcasing a growth of 6.6% (2019-2022).
In the realm of industrial machinery, Brushless DC (BLDC) Motors have emerged as indispensable components, offering superior performance, efficiency, and reliability. These motors find extensive usage in various industrial applications, including conveyor systems, pumps, compressors, robotics, and CNC machines. Due to their precise control, high torque output, and smooth operation, BLDC Motors contribute significantly to enhancing productivity, minimizing downtime, and optimizing energy consumption in industrial settings. Therefore, the Germany market consumed 213.1 thousand units of industrial machinery in the market in 2022.
The Germany market dominated the Europe Brushless DC Motor Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,576.6 million by 2030. The UK market is exhibiting a CAGR of 5.6% during (2023 - 2030). Additionally, The France market would experience a CAGR of 7.5% during (2023 - 2030).
Key industries, such as automotive, consumer electronics, industrial automation, and aerospace, have driven the adoption of BLDC motors due to their specific advantages in these applications. For example, according to the UK Government, with its highly linked supply chains and substantial demand for UK-built cars throughout the region, the European region has benefited the U.K. automotive sector with its varied products, encompassing volume, premium, and niche vehicles. The shift towards electric vehicles and hybrid systems has propelled the demand for high-performance and energy-efficient BLDC motors in the automotive sector.
Similarly, industries requiring precise control and high torque, such as industrial automation and robotics, have found BLDC motors indispensable. The increasing awareness of environmental issues and the importance of corporate social responsibility have influenced companies to adopt sustainable practices. With their energy-efficient and eco-friendly attributes, brushless DC motors align with these corporate sustainability goals. Adopting BLDC motors not only contributes to reducing carbon footprints but also enhances the reputation of companies as environmentally responsible entities.
Growing awareness of environmental issues and the benefits of electric mobility among UK consumers has increased the acceptance of electric vehicles. The evolution of smart devices and consumer electronics has driven the UK's demand for efficient and compact motors. BLDC motors find applications in various smart devices, including smartphones, laptops, and smart home appliances, contributing to the miniaturization and improved performance of these devices in the UK. BLDC motors are employed in cooling systems for electronic devices, ensuring efficient heat dissipation. Using BLDC motors in cooling applications contributes to consumer electronics' reliability and prolonged lifespan in the UK. Hence, the factors mentioned above will drive the regional market growth.
Based on Rotor Type, the market is segmented into Inner Rotor, and Outer Rotor. Based on Voltage Type, the market is segmented into 0-750 Watts, 750 Watts to 3 kW, 3 kW - 75 kW, and Others. Based on End User, the market is segmented into Motor Vehicles, Industrial Machinery, HVAC Equipment, Household Appliances, Aerospace & Transportation, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
Europe Brushless DC Motor Market Report Segmentation
By Rotor Type
By Voltage Type (Volume, Thousand Units, USD Billion, 2019-2030)
By End User (Volume, Thousand Units, USD Billion, 2019-2030)
By Country (Volume, Thousand Units, USD Billion, 2019-2030)