Micro Brushless DC Motors Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

A commutated motor is another name for a brushless DC motor. Brushless DC motors are synchronous motors that are charged through a power supply. It generates AC power, which is then used to generate the motor's respective phase via a closed-loop system. A controller controls the speed and torque of a brushless DC motor by sending current pulses to the wind motor. The factors that make a brushless DC motors market advantageous over other motors are high power to weight ratio, high speed and electronic control. The micro brushless motors are used in hand held power tools, home appliances, disk drives and others.

MARKET SCOPE

The "Global Micro brushless DC motors Market Analysis to 2031" is a specialized and in-depth study of the Micro brushless DC motors Market with a special focus on the global market trend analysis. The report aims to provide an overview of micro brushless DC motors market with detailed market segmentation by product and application. The global micro brushless DC motors market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading micro brushless DC motors market player and offers key trends and opportunities in the micro brushless DC motors market.

MARKET SEGMENTATION

  Based on product the market is segmented as, 12V, 24V and others.

  Based on application the market is segmented as, HDD (hard disk drives spindle motor), ODD, home appliance and others.

MARKET DYNAMICS

Drivers-

  The Micro Brushless DC motors' advantages, such as low noise, strong torque, energy savings, and increased operating efficiency, are expected to propel market growth.

  Growing automation across verticals along with increased demand for miniature electronic devices are expected to boost market growth during the forecast period.

  Rising awareness about the eco friendly products along with high rate of adoption of such motors are also expected to fuel the market growth.
Restraints-

  High cost of micro brushless DC motors is the restraining factor for the market growth during the forecast period.

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 micro brushless DC 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 micro brushless DC 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 micro brushless DC 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 micro brushless DC motors market in these regions.
IMPACT OF COVID-19 ON MICRO BRUSHLESS DC MOTORS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

MARKET PLAYERS

The reports cover key developments in the micro brushless DC motors market 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 micro brushless DC motors market are anticipated to lucrative growth opportunities in the future with the rising demand for micro brushless DC motors market. Below mentioned is the list of few companies engaged in the micro brushless DC motors market.

The report also includes the profiles of key micro brushless DC motors market 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.

•   AMETEK Advanced Motion Solutions
  
•   Allied Motion Technologies Inc
  
•   NIDEC CORPORATION
  
•   Portescap
  
•   Moog Inc
  
•   Telco
  
•   MinebeaMitsumi Inc.
  
•   Maxon
  
•   Constar Micromotor Co., Ltd
  
•   ORIENTAL MOTOR USA CORP
  

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.

Micro Brushless DC Motors Report Scope

Report Attribute	Details
Market size in 2023	US$ XX Million
Market Size by 2031	US$ XX Million
Global CAGR (2023 - 2031)	XX%
Historical Data	2021-2022
Forecast period	2024-2031
Segments Covered	By Product 12V 24V By Application HDD ODD Home Appliance
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	AMETEK Advanced Motion Solutions Allied Motion Technologies Inc NIDEC CORPORATION Portescap Moog Inc Telco MinebeaMitsumi Inc. maxon Constar Micromotor Co., Ltd