Electronically Commutated Motors Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

An electronically commutated motor is an electric brushless motor with a permanent magnet located over the rotor. It has less physical contact with moving components; thus, the electronically commutated motor is long-lasting. Electronically commutated motor has various applications in several industries ventilation, refrigeration, electric vehicle, cordless tools, aero modeling, motion control system, positioning and actuation system, and others. The increasing popularity of electronically commutated motors in various industries is propelling the growth of the electronically commutated motors market worldwide.

MARKET DYNAMICS

The growing demand for energy-efficient products in various end-use industries is expected to drive the global electronically commutated motors market growth during the forecast period. However, the increasing use of smart synchronous permanent magnet motors acts as a major restraint for the growth of the electronically commutated motors market. Furthermore, increasing concerns for the environment, growing acceptance of electric vehicles, and energy regulation led down by the leading authorities around the globe are fueling the growth of the electronically commutated motors market.

MARKET SCOPE

The "Global Electronically Commutated Motors Market Analysis to 2031" is a specialized and in-depth study of the electronically commutated motors industry with a special focus on the global market trend analysis. The report aims to provide an overview electronically commutated motors market with detailed market segmentation as type, end-user, and geography. The global electronically commutated motors market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading electronically commutated motors market players and offers key trends and opportunities in the electronically commutated motors market.

MARKET SEGMENTATION

The global electronically commutated motors market is segmented on the basis of type, end-user. On the basis of type the market is segmented as constant air flow, constant torque, constant speed. On the basis of end-user the market is segmented as consumer electronics, HVAC, automotive, packaging, material handling, industrial machine, others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global electronically commutated motors market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The electronically commutated motors market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting electronically commutated motors market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the electronically commutated motors market in these regions.

MARKET PLAYERS

The reports cover key developments in the electronically commutated motors market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Electronically commutated motors market are anticipated to lucrative growth opportunities in the future with the rising demand for electronically commutated motors in the global market. Below mentioned is the list of few companies engaged in the electronically commutated motors market.

The report also includes the profiles of key electronically commutated motors companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   ABB
  
•   ASTRO Motorengesellschaft mbH & Co.KG
  
•   B?ºhler Motor GmbH
  
•   Kollmorgen
  
•   KSB SE & Co. KGaA
  
•   Maxon Motor AG
  
•   Nidec Motor Corporation
  
•   Parker Hannifin Corp.
  
•   Siemens AG
  
•   WEG
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Electronically Commutated Motors Report Scope