Electric DC Motors Market Outlook to 2028

Drivers:

• Adoption of high-energy efficiency motor systems
• Growing demand for automation in the industries through industry 4.0
• Growing demand for HVAC equipment in the residential sector - USA
• Continuous growth for HVAC s equipment for industrial and commercial sectors - China
• Increasing government initiatives towards electric vehicles.
• Rising levels of appliance ownership
• Energy efficiency standards and labeling programs
• Economies undergoing urbanization and industrialization - South Africa, Mexico, Brazil, China, India
• Demand for an electric motor in the end-user industry

Definition and Applications

• Definition: The DC motor converts the electrical energy supplied to it in the form of direct current into mechanical rotational energy. DC motors are mainly of two types, namely brushless DC motors (BLDC motors) and brushed DC motors
• Brushed DC motors include permanent magnet DC motors, series wound DC motors, shunt DC motors, and compound DC Motors. DC motors can run only on a single-phase supply.
• In DC motors, the device's speed is controlled by varying the voltage and current applied to the armature coils or windings or by adjusting the current that flows to the field coils
• DC motors are required where there is a need for variable speed and high torque. DC motors are of high maintenance due to the presence of brushes and commutators
• Applications: DC motors are used in a wide range of applications where such as tools, toys, electric razors, electric vehicles, electric wheelchairs, elevators, conveyors, centrifugal pumps, industrial robots, industrial machinery, vacuum cleaners, windshields wiper, spinning and weighing machines, household appliances, consumer electronics, coffee machines, sewing machines, and others.

Restraints:

• Economic changes in global markets
• Pricing pressures resulting from competition
• New players are making their presence in the market
• Global supply chain disruptions

Recent Trends & Developments:

• In November 2020, the Indian government extended its performance-linked incentives serving the 'make in India' goal for the domestic production of EVs to reduce reliance on imported components
• On August 23, 2021, Johnson Electric launched the smart braking electric brake booster BLDC motor that shortens emergency braking distances. The motor is being mass-produced and installed in North America's best-selling EVs.

Opportunities:

• Growing adoption of Electric vehicles (especially electric cars): Asia-Pacific (China, India, and Japan), Europe, and North America
• Gearmotor technology for medical mobility equipment.
• Miniaturization of brushless DC motor
• Robotics - Industry 4.0. - Some of the countries for growth are Japan, Germany, Switzerland, China, and South Korea

Publisher's Global Electric DC motors market report provides insights into the current global and regional Global market demand scenario and its outlook.

This study offers a detailed analysis of various factors instrumental in affecting the Global Electric DC Motors market's growth. The study also comprehensively analyses the market based on type (brushless motor and brushed motor) and geography (North America, Europe, Asia-Pacific, and the Rest of the world).

This report also includes the latest market trends, drivers and restraints, present and future opportunities, new projects, the global impact of Covid-19 on the Global Electric DC Motors market, and significant developments.
Further, the report will also provide Global Electric DC Motors market size, demand forecast, and key competitors in the market.


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