Frameless Brushless DC Motor Market - Growth Analysis and Forecast by 2034

Frameless Brushless DC Motor Market - Growth Analysis and Forecast by 2034

According to a recent analysis released by market research and competitive intelligence company Fact.MR, the global frameless brushless DC motor market is projected to reach US$ 9.53 billion in 2024. From 2024 to 2034, frameless BLDC (brushless DC) motor sales are expected to grow at a 4.6% CAGR globally.

Frameless brushless DC motors are being adopted by a number of industries, including robots, consumer electronics, and medical equipment, and this trend is only anticipated to continue in the years to come. Because these sectors focus on finding energy-efficient ways to reduce carbon emissions, frameless brushless DC motor use is rising due to their superior efficiency over traditional motors.

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One of the key factors driving market expansion is the use of automation solutions by the aerospace, automotive, and industrial industries, which depend on precise, high-torque, and compact motors. It is anticipated that the usage of frameless brushless DC (BLDC) motors in corresponding systems, such as wind turbines and solar trackers, will result from the adoption of renewable energy sources, such as solar and wind power.

In general, maintenance requirements for frameless brushless DC motors are lower than those for brushed motors. However, because of their incorporation into numerous systems, changing or repairing them can turn into a difficult task.

Key Takeaways from Market Study

  • The estimated value of the global market for frameless brushless DC motors in 2024 is US$ 9.53 billion.
  • By the end of 2034, the global market for frameless brushless DC motors is expected to be valued at US$14.94 billion.
  • The market is anticipated to grow between 2024 and 2034 at a CAGR of 4.6%.
  • By 2034, East Asia is expected to account for 36.2% of the worldwide market.
  • By the end of 2034, sales of frameless brushless DC motors in the US are expected to have increased at a 4.8% CAGR to US$ 2.86 billion.
  • By the end of 2034, the industrial devices segment is expected to have a 25.4% revenue share in the global market.

 “Innovations in manufacturing processes and materials are predicted to enhance the durability and efficiency of frameless brushless DC motors and reduce production costs,” says a Fact.MR analyst.

Key Market Players

  • Allied Motion Technologies,
  • Mclennan Servo Supplies Ltd.,
  • Electro Kinetic Design Ltd.,
  • Woodward Inc.,
  • Sensata Technologies,
  • Arc Systems Inc.,
  • Aerotech Inc.,
  • Moog Inc.,
  • H2W Technologies,
  • Parker Hannifin Corp.

Rapid Growth of Electric Vehicle Industry Generating Opportunities in East Asia

East Asia is expected to represent a significant portion of the worldwide market due to the growing popularity of electric cars. Additionally, it is anticipated that the market for frameless brushless DC motors will rise due to the growing use of automation in a number of industries, including consumer goods.

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More Valuable Insights on Offer

Fact.MR, in its new offering, presents an unbiased analysis of the frameless brushless DC motor market, presenting historical demand data for 2018 to 2023 and forecast statistics for 2024 to 2034.

The study divulges essential insights into the market based on motor winding (inner core, outer core), application (pumps, compressors, robotics, fans & blowers, printers & scanners, medical devices, automated doors), and end use (industrial devices, HVAC, consumer goods & appliances, automotive, aerospace, healthcare), across six major regions of the world (North America, Europe, East Asia, Latin America, South Asia & Oceania, and MEA).

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