Electric DC Motors Market Size, Share, and Growth 2022-2028
Electric DC Motors Market: Strategic Insights
Electric DC Motors Market
-
CAGR (2023 - 2031)9% -
Market Size 2023
US$ 14965.81 Million -
Market Size 2031
US$ 29811.77 Million
Market Dynamics
GROWTH DRIVERS
- Increasing adoption of brushless DC motors
FUTURE TRENDS
- Increasing adoption of automated lighting systems
OPPORTUNITIES
- Increasing Adoption Of EVs
Key Players
- ABB
- Allied Motion Inc
- Ametek Inc
- Yaskawa Electric Corp
- Minebeamitsumi Inc
- Johnson Electric Holdings Limited
- Maxon Motor AG
- NIDEC Corporation
- Regal Rexnord Corporation
- Siemens AG
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Type
- Brushed DC Motors
- Brushless DC Motors
Speed
- Low
- Medium
- High
Application
- Industrial Machinery
- Automotive and Transportation
- HVAC Equipment
- Aerospace & Defense
- Household Appliances