Electronically Commutated Motors Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
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.
Have a question?
Naveen
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
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.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Electronically Commutated Motors Market - By Type
1.3.2Electronically Commutated Motors Market - By End-user
1.3.3Electronically Commutated Motors Market - By Region
1.3.3.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.ELECTRONICALLY COMMUTATED MOTORS MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS
5.ELECTRONICALLY COMMUTATED MOTORS MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6.ELECTRONICALLY COMMUTATED MOTORS MARKET - GLOBAL MARKET ANALYSIS
6.1.ELECTRONICALLY COMMUTATED MOTORS - GLOBAL MARKET OVERVIEW
6.2.ELECTRONICALLY COMMUTATED MOTORS - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.ELECTRONICALLY COMMUTATED MOTORS MARKET - REVENUE AND FORECASTS TO 2028 – TYPE
7.1.OVERVIEW
7.2.TYPE MARKET FORECASTS AND ANALYSIS
7.3.CONSTANT AIR FLOW
7.3.1.Overview
7.3.2.Constant Air Flow Market Forecast and Analysis
7.4.CONSTANT TORQUE
7.4.1.Overview
7.4.2.Constant Torque Market Forecast and Analysis
7.5.CONSTANT SPEED
7.5.1.Overview
7.5.2.Constant Speed Market Forecast and Analysis
8.ELECTRONICALLY COMMUTATED MOTORS MARKET - REVENUE AND FORECASTS TO 2028 – END-USER
8.1.OVERVIEW
8.2.END-USER MARKET FORECASTS AND ANALYSIS
8.3.CONSUMER ELECTRONICS
8.3.1.Overview
8.3.2.Consumer Electronics Market Forecast and Analysis
8.4.HVAC
8.4.1.Overview
8.4.2.HVAC Market Forecast and Analysis
8.5.AUTOMOTIVE
8.5.1.Overview
8.5.2.Automotive Market Forecast and Analysis
8.6.PACKAGING
8.6.1.Overview
8.6.2.Packaging Market Forecast and Analysis
8.7.MATERIAL HANDLING
8.7.1.Overview
8.7.2.Material Handling Market Forecast and Analysis
8.8.INDUSTRIAL MACHINE
8.8.1.Overview
8.8.2.Industrial Machine Market Forecast and Analysis
8.9.OTHERS
8.9.1.Overview
8.9.2.Others Market Forecast and Analysis
9.ELECTRONICALLY COMMUTATED MOTORS MARKET REVENUE AND FORECASTS TO 2028 – GEOGRAPHICAL ANALYSIS
9.1.NORTH AMERICA
9.1.1North America Electronically Commutated Motors Market Overview
9.1.2North America Electronically Commutated Motors Market Forecasts and Analysis
9.1.3North America Electronically Commutated Motors Market Forecasts and Analysis - By Type
9.1.4North America Electronically Commutated Motors Market Forecasts and Analysis - By End-user
9.1.5North America Electronically Commutated Motors Market Forecasts and Analysis - By Countries
9.1.5.1United States Electronically Commutated Motors Market
9.1.5.1.1United States Electronically Commutated Motors Market by Type
9.1.5.1.2United States Electronically Commutated Motors Market by End-user
9.1.5.2Canada Electronically Commutated Motors Market
9.1.5.2.1Canada Electronically Commutated Motors Market by Type
9.1.5.2.2Canada Electronically Commutated Motors Market by End-user
9.1.5.3Mexico Electronically Commutated Motors Market
9.1.5.3.1Mexico Electronically Commutated Motors Market by Type
9.1.5.3.2Mexico Electronically Commutated Motors Market by End-user
9.2.EUROPE
9.2.1Europe Electronically Commutated Motors Market Overview
9.2.2Europe Electronically Commutated Motors Market Forecasts and Analysis
9.2.3Europe Electronically Commutated Motors Market Forecasts and Analysis - By Type
9.2.4Europe Electronically Commutated Motors Market Forecasts and Analysis - By End-user
9.2.5Europe Electronically Commutated Motors Market Forecasts and Analysis - By Countries
9.2.5.1Germany Electronically Commutated Motors Market
9.2.5.1.1Germany Electronically Commutated Motors Market by Type
9.2.5.1.2Germany Electronically Commutated Motors Market by End-user
9.2.5.2France Electronically Commutated Motors Market
9.2.5.2.1France Electronically Commutated Motors Market by Type
9.2.5.2.2France Electronically Commutated Motors Market by End-user
9.2.5.3Italy Electronically Commutated Motors Market
9.2.5.3.1Italy Electronically Commutated Motors Market by Type
9.2.5.3.2Italy Electronically Commutated Motors Market by End-user
9.2.5.4United Kingdom Electronically Commutated Motors Market
9.2.5.4.1United Kingdom Electronically Commutated Motors Market by Type
9.2.5.4.2United Kingdom Electronically Commutated Motors Market by End-user
9.2.5.5Russia Electronically Commutated Motors Market
9.2.5.5.1Russia Electronically Commutated Motors Market by Type
9.2.5.5.2Russia Electronically Commutated Motors Market by End-user
9.2.5.6Rest of Europe Electronically Commutated Motors Market
9.2.5.6.1Rest of Europe Electronically Commutated Motors Market by Type
9.2.5.6.2Rest of Europe Electronically Commutated Motors Market by End-user
9.3.ASIA-PACIFIC
9.3.1Asia-Pacific Electronically Commutated Motors Market Overview
9.3.2Asia-Pacific Electronically Commutated Motors Market Forecasts and Analysis
9.3.3Asia-Pacific Electronically Commutated Motors Market Forecasts and Analysis - By Type
9.3.4Asia-Pacific Electronically Commutated Motors Market Forecasts and Analysis - By End-user
9.3.5Asia-Pacific Electronically Commutated Motors Market Forecasts and Analysis - By Countries
9.3.5.1Australia Electronically Commutated Motors Market
9.3.5.1.1Australia Electronically Commutated Motors Market by Type
9.3.5.1.2Australia Electronically Commutated Motors Market by End-user
9.3.5.2China Electronically Commutated Motors Market
9.3.5.2.1China Electronically Commutated Motors Market by Type
9.3.5.2.2China Electronically Commutated Motors Market by End-user
9.3.5.3India Electronically Commutated Motors Market
9.3.5.3.1India Electronically Commutated Motors Market by Type
9.3.5.3.2India Electronically Commutated Motors Market by End-user
9.3.5.4Japan Electronically Commutated Motors Market
9.3.5.4.1Japan Electronically Commutated Motors Market by Type
9.3.5.4.2Japan Electronically Commutated Motors Market by End-user
9.3.5.5South Korea Electronically Commutated Motors Market
9.3.5.5.1South Korea Electronically Commutated Motors Market by Type
9.3.5.5.2South Korea Electronically Commutated Motors Market by End-user
9.3.5.6Rest of Asia-Pacific Electronically Commutated Motors Market
9.3.5.6.1Rest of Asia-Pacific Electronically Commutated Motors Market by Type
9.3.5.6.2Rest of Asia-Pacific Electronically Commutated Motors Market by End-user
9.4.MIDDLE EAST AND AFRICA
9.4.1Middle East and Africa Electronically Commutated Motors Market Overview
9.4.2Middle East and Africa Electronically Commutated Motors Market Forecasts and Analysis
9.4.3Middle East and Africa Electronically Commutated Motors Market Forecasts and Analysis - By Type
9.4.4Middle East and Africa Electronically Commutated Motors Market Forecasts and Analysis - By End-user
9.4.5Middle East and Africa Electronically Commutated Motors Market Forecasts and Analysis - By Countries
9.4.5.1South Africa Electronically Commutated Motors Market
9.4.5.1.1South Africa Electronically Commutated Motors Market by Type
9.4.5.1.2South Africa Electronically Commutated Motors Market by End-user
9.4.5.2Saudi Arabia Electronically Commutated Motors Market
9.4.5.2.1Saudi Arabia Electronically Commutated Motors Market by Type
9.4.5.2.2Saudi Arabia Electronically Commutated Motors Market by End-user
9.4.5.3U.A.E Electronically Commutated Motors Market
9.4.5.3.1U.A.E Electronically Commutated Motors Market by Type
9.4.5.3.2U.A.E Electronically Commutated Motors Market by End-user
9.4.5.4Rest of Middle East and Africa Electronically Commutated Motors Market
9.4.5.4.1Rest of Middle East and Africa Electronically Commutated Motors Market by Type
9.4.5.4.2Rest of Middle East and Africa Electronically Commutated Motors Market by End-user
9.5.SOUTH AND CENTRAL AMERICA
9.5.1South and Central America Electronically Commutated Motors Market Overview
9.5.2South and Central America Electronically Commutated Motors Market Forecasts and Analysis
9.5.3South and Central America Electronically Commutated Motors Market Forecasts and Analysis - By Type
9.5.4South and Central America Electronically Commutated Motors Market Forecasts and Analysis - By End-user
9.5.5South and Central America Electronically Commutated Motors Market Forecasts and Analysis - By Countries
9.5.5.1Brazil Electronically Commutated Motors Market
9.5.5.1.1Brazil Electronically Commutated Motors Market by Type
9.5.5.1.2Brazil Electronically Commutated Motors Market by End-user
9.5.5.2Argentina Electronically Commutated Motors Market
9.5.5.2.1Argentina Electronically Commutated Motors Market by Type
9.5.5.2.2Argentina Electronically Commutated Motors Market by End-user
9.5.5.3Rest of South and Central America Electronically Commutated Motors Market
9.5.5.3.1Rest of South and Central America Electronically Commutated Motors Market by Type
9.5.5.3.2Rest of South and Central America Electronically Commutated Motors Market by End-user
10.INDUSTRY LANDSCAPE
10.1.MERGERS AND ACQUISITIONS
10.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3.NEW PRODUCT LAUNCHES
10.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11.ELECTRONICALLY COMMUTATED MOTORS MARKET, KEY COMPANY PROFILES
11.1.ABB
11.1.1.Key Facts
11.1.2.Business Description
11.1.3.Products and Services
11.1.4.Financial Overview
11.1.5.SWOT Analysis
11.1.6.Key Developments
11.2.ASTRO MOTORENGESELLSCHAFT MBH AND CO.KG
11.2.1.Key Facts
11.2.2.Business Description
11.2.3.Products and Services
11.2.4.Financial Overview
11.2.5.SWOT Analysis
11.2.6.Key Developments
11.3.B?ºHLER MOTOR GMBH
11.3.1.Key Facts
11.3.2.Business Description
11.3.3.Products and Services
11.3.4.Financial Overview
11.3.5.SWOT Analysis
11.3.6.Key Developments
11.4.KOLLMORGEN KSB SE AND CO. KGAA
11.4.1.Key Facts
11.4.2.Business Description
11.4.3.Products and Services
11.4.4.Financial Overview
11.4.5.SWOT Analysis
11.4.6.Key Developments
11.5.MAXON MOTOR AG
11.5.1.Key Facts
11.5.2.Business Description
11.5.3.Products and Services
11.5.4.Financial Overview
11.5.5.SWOT Analysis
11.5.6.Key Developments
11.6.NIDEC MOTOR CORPORATION
11.6.1.Key Facts
11.6.2.Business Description
11.6.3.Products and Services
11.6.4.Financial Overview
11.6.5.SWOT Analysis
11.6.6.Key Developments
11.7.PARKER HANNIFIN CORP.
11.7.1.Key Facts
11.7.2.Business Description
11.7.3.Products and Services
11.7.4.Financial Overview
11.7.5.SWOT Analysis
11.7.6.Key Developments
11.8.SIEMENS AG
11.8.1.Key Facts
11.8.2.Business Description
11.8.3.Products and Services
11.8.4.Financial Overview
11.8.5.SWOT Analysis
11.8.6.Key Developments
11.9.WEG
11.9.1.Key Facts
11.9.2.Business Description
11.9.3.Products and Services
11.9.4.Financial Overview
11.9.5.SWOT Analysis
11.9.6.Key Developments
12.APPENDIX
12.1.ABOUT THE INSIGHT PARTNERS
12.2.GLOSSARY OF TERMS
1. ABB
2. ASTRO Motorengesellschaft mbH and Co.KG
3. B?ºhler Motor GmbH
4. Kollmorgen KSB SE and Co. KGaA
5. Maxon Motor AG
6. Nidec Motor Corporation
7. Parker Hannifin Corp.
8. Siemens AG
9. WEG
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Get Free Sample For