Brushless DC Motor Market Is Expected To Grow At A Compound Annual Growth Rate (CAGR) Of 5.7% From 2021 To 2028
Brushless DC Motor Industry Overview The global brushless DC motor market size was valued at USD 17.1 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 5.7% from 2021 to 2028. The ability of Brushless DC (BLDC) motors to save energy and increase the operational efficiency of equipment in which they are used is expected to drive the growth of the market over the forecast period. These motors offer optimum efficiency and reliability at the same time, which proves to be economical in the majority of applications, such as window lifters, air conditioners, and sun-roof actuators. These motors are thermally resistant, require low maintenance, and operate at low temperatures, eliminating any threat of sparks. The emergence of sensor-less controls for BLDC type is likely to boost the durability and reliability of the product, thereby reducing the number of mechanical misalignments, electrical connections, as well as the weight and size of the end...