The market for brushed DC motor is expected to grow at a CAGR of around 5.7% from 2020 to 2027 and expected to reach the market value of around US$ 7.2 Bn by 2027.
Brushed DC electric motor is a rotating DC electric machine that converts DC electric current power into mechanical energy. The components involved in the brushed DC electric motor include rotor, stator, inductor (excitation system), armature, brushes, commutator. The types of brushed DC motors according to the stator construction are brushed motor with permanent magnets and with wound stator. Where wound stator Dc motor include separately excited DC motor, shunt wound DC motor, series wound DC motor, and compound wound DC motor.
The increasing demand of electric motor vehicles due to rising environmental concern from the vehicles based on combustion is driving the demand of brushed DC motor in the vehicle sector. The growing transformation and automation of manufacturing processes across metallurgy equipment, oil and gas, power, and chemical industries is supporting the demand in the market. Moreover, increasing investments towards revamping the oil and gas and chemical industries across the globe and especially across the developing economies due to rising demand of the end products generated from these industries is contributing to the market growth. Furthermore, the increasing demand for sunroof systems, wipers, automated doors, adjustable mirrors of vehicles are projected to create potential opportunities over the forecast period from 2020 to 2027.
On the other side, high maintenance cost of brushed DC motor as compared to the brushless DC motors is the factor likely to limit the growth to an extent over the forecast period from 2020 to 2027.
Segment Instance of Global Brushed DC Motor Market
Process Industry dominated the Global Brushed DC Motor Market of 2019
Based on the application segment in 2019, process industry accounted for the maximum revenue share in the global market. The increasing demand and usage across the process industries including metallurgy, paper and pulp, oil and gas, food and beverage, mining, and chemicals is driving the segmental market growth. Moreover, the increasing uses of brushed DC motors in various applications of process industry like fans, pumps, compressors, and HVAC systems is additionally bolstering the value of demand in the global market.
Asia Pacific dominated the brushed DC motor Market in 2019
In 2019, Asia Pacific accounted for the maximum revenue share and the region is also projected to maintain its dominance throughout the forecast period from 2020 to 2027 with maximum CAGR (%). The increasing demand of electric vehicle, advancements in the industrial infrastructure, increasing disposable income and spending power of end users, bolstering oil and gas exploration activities in the region are some of the factor driving the regional market value.
Asia Pacific is followed by Europe in the brushed DC motor Market of 2019
Europe along with its major economies including UK, Germany, France, Spain, and Italy among others contributing to the second highest market share in the brushed DC motor market. The presence of major players in the region is major factor supporting the regional market value as the players have involved in the early launch of advance features of brushed DC motor for newer applications in the regional market. Moreover, the string presence of electric vehicle industry in the region due to strict regulations laws for the environment is further contributing to the regional market or demand of brushed DC motor in the regional market.
Key Market Player
The players profiled in the report include AMETEK, ABB Ltd., Allied Motion Technologies, Inc, ARC Systems, ASMO, Brook Crompton, Danaher Motion, FAULHABER, Franklin Electric Co., Inc., Johnson Electric, Maxon Motor, MinebeaMitsumi, Nidec Corporation, OMRON, Schneider Electric, and Siemens.
Market By Types
Permanent Magnet Brush DC Motor
Shunt-Wound brushed DC motor
Series-Wound DC motor
Compound-Wound brushed DC motor
Market By Output Power
Less than 750W o/p
Between 750W and 75kW o/p
Between 75kW and 375kW o/p
Greater than 375kW o/p
Market By Application
The market for brushed DC motor is expected to reach a market value of around US$ 7.2 Bn by 2027.
The brushed DC motor market is expected to grow at a CAGR of around 5.7% from 2020 to 2027.
The process industry is the leading segment by application in the brushed DC motor market
The increasing demand of electric motor vehicles, growing transformation and automation of manufacturing processes, increasing investments towards revamping the oil and gas and chemical industries are some of the major factors driving the global brushed DC motor market.
AMETEK, ABB Ltd., Allied Motion Technologies, Inc, ARC Systems, ASMO, Brook Crompton, Danaher Motion, FAULHABER, Franklin Electric Co., Inc., Johnson Electric, Maxon Motor, MinebeaMitsumi, Nidec Corporation, OMRON, Schneider Electric, and Siemens are some of the prominent players in the market.
Asia Pacific held the highest market share in the brushed DC motor market
Asia Pacific is expected to be the fastest growing market over the forecast period