Electric DC Motors Market
Electronics and Semiconductor

Electric DC Motors Market is Emerging with CAGR 9.0% during 2021 to 2028.

An electric DC motor basically converts direct electrical energy into mechanical energy. An electric DC motor’s speed is able to be varied over a broad range, by providing a variable supply voltage or by fluctuating the strength of the current in its field windings. A small DC electric motor is widely used for small tools, appliances, and toys. The electric DC motor is used across various domains such as industrial machinery, automotive, aerospace and transportation, HVAC equipment, and household appliances. Under industrial machinery, the electric DC motors find significant use in floor-cleaning equipment, Industrial cleaning machines, scrubbers, sweeping machines, etc. The cleaning machines are also widely required at railways, bus stops, and national as well as international airports. New airports are being constructed in various countries of the world. Berlin’s long-awaited airport, Berlin-Brandenburg became finally operational on 31st October 2020. The construction and expansion of new airports drive the requirement for the electric DC motors that are used in cleaning machines.

Johnson Electric Holdings Limited, Nidec Corporation, Siemens AG, AMETEK Inc., and ABB Ltd – Prominent Market Participants in Electric Dc Motors Market

Johnson Electric Holdings Limited, Nidec Corporation, Siemens AG, AMETEK Inc., and ABB Ltd are some of the key market players operating in the global electric DC motors market. The listing of key players is derived by considering multiple factors such as overall revenue, current electric DC motor product portfolio, geographical reach, new product launches, market initiatives, investment in technology upgradation, partnerships, and other market related activities. In addition to these players, there are several other important players operating in the electric DC motor ecosystems which were studies analyzed during the course of this market research study, such as, Yaskawa Electric Corporation; Allied Motion Technologies Inc.; MinebeaMitsumi, Inc.; Maxon Motors AG; and Regal Rexnord Corporation.

Most of the market initiatives were observed in Europe and APAC region, which have a high potential of market-related products, solutions, and services. Few of the important market initiatives from the industry are mentioned below:

Year News Country
2022 Maxon Motors launched a new ventilated brushless DC motor with power level improvement. Europe
2019 Johnson Electric launched a LVDC motors for smart furniture. It is designed for actuators used in smart recliners, hospital beds, height adjustable desks & other smart furniture products. APAC