PUBLISHER: KBV Research | PRODUCT CODE: 1457179
PUBLISHER: KBV Research | PRODUCT CODE: 1457179
The Asia Pacific Brushless DC Motor Market would witness market growth of 7.5% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 12,390.1 thousand units, showcasing a growth of 7.2% (2019-2022).
The 0-750 Watts BLDC (Brushless DC) Motor segment plays a crucial role in the diverse applications of the market, offering a balance between power efficiency and compactness. These motors are specifically designed to operate within the power range of 0 to 750 watts, catering to a wide array of consumer electronics, small appliances, automotive components, and industrial equipment. Therefore, the China market consumed 3,565.9 thousand units 0-750 Watts BLDC in the market in 2022.
The China market dominated the Asia Pacific Brushless DC Motor Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $3,537.6 million by 2030. The Japan market is registering a CAGR of 6.8% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 8.2% during (2023 - 2030).
The design flexibility offered by BLDC motors allows customization to meet specific application requirements. Industries appreciate the adaptability of BLDC motors to different voltage and torque specifications, enabling a wide range of applications. This customization capability enhances the versatility of BLDC motors, making them suitable for diverse industrial processes. BLDC motors play a crucial role in the automotive industry, particularly in the era of electric vehicles (EVs) and hybrid electric vehicles (HEVs).
BLDC motors provide efficient and responsive power assistance for steering systems in electric and hybrid vehicles. BLDC motors are used in water pumps and coolant circulation systems, enhancing the overall efficiency of the vehicle's cooling system. BLDC motors find applications in vehicles' heating, ventilation, and air conditioning (HVAC) systems, providing precise control over air circulation and temperature.
The medical equipment sector in China has grown rapidly, with an industry size of 840 billion yuan (about $131.81 billion) in 2020. China has been experiencing rapid growth in its healthcare sector, with increased investments in medical facilities, equipment, and technology. The demand for diagnostic imaging equipment, such as MRI machines and CT scanners, is growing in China. The adoption of surgical robotics and minimally invasive surgical procedures is rising in China. China is increasingly emphasizing healthcare robotics to enhance patient care and surgical outcomes. Therefore, due to the above-mentioned factors, the market will grow significantly in this region.
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 China, Japan, India, South Korea, Taiwan, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
Asia Pacific 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)