Product Code: ETC4528285 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India brushless DC motor market import shipments exhibited steady growth with a CAGR of 3.5% from 2020 to 2024. Notably, there was a significant acceleration in growth between 2023 and 2024, with a growth rate of 31.5%. The market expanded consistently, showing strong momentum and a positive overall trend over the period analyzed.
Brushless DC (BLDC) motors have gained popularity in various applications, including robotics, consumer electronics, and automotive systems. The India brushless DC motor market has seen growth as these motors offer high efficiency and precise control. The demand for BLDC motors has been driven by the increasing use of electronic devices and automation systems. Manufacturers are working on developing compact and energy-efficient BLDC motor solutions to cater to the evolving needs of the India market.
The India brushless DC motor market is on the rise due to the growing adoption of these motors in various applications, particularly in industries that demand precision and efficiency. Brushless DC motors offer advantages such as high torque-to-weight ratios, longer lifespan, and low maintenance requirements. The demand for accurate and responsive motion control in sectors like robotics, aerospace, and medical devices is driving the adoption of brushless DC motors. Furthermore, the focus on energy-efficient solutions and the transition from traditional brushed motors are promoting the market`s growth. Achieving reliable and precise motor control while reducing energy consumption is a primary driver for the brushless DC motor market in India.
The India Brushless DC Motor Market faces several challenges in its growth journey. A key challenge is the competition from traditional brushed DC motors and other types of electric motors in various applications. The market must address concerns related to the availability of high-quality brushless DC motors and ensuring consistent performance. Availability of skilled technicians and engineers capable of integrating and maintaining these motors is essential for market growth. Adapting to changing regulations and standards for energy efficiency and emissions is a challenge. Promoting the advantages of brushless DC motors, such as improved efficiency and reliability, is essential. Lastly, raising awareness about the cost savings and environmental benefits associated with brushless DC motors is crucial for market expansion.
The brushless DC motor market in India felt the impact of the pandemic, with industries delaying investments and projects. As businesses focused on cost savings and efficiency improvements, the demand for these motors fluctuated. However, the market may see growth as industries seek to automate and optimize their processes in the post-pandemic era.
Prominent players in the Brushless DC Motor sector in India include Nidec Corporation, Oriental Motor, Johnson Electric, and Maxon Motor.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Brushless DC Motor Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Brushless DC Motor Market Revenues & Volume, 2021 & 2031F |
3.3 India Brushless DC Motor Market - Industry Life Cycle |
3.4 India Brushless DC Motor Market - Porter's Five Forces |
3.5 India Brushless DC Motor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Brushless DC Motor Market Revenues & Volume Share, By End-User, 2021 & 2031F |
3.7 India Brushless DC Motor Market Revenues & Volume Share, By Rated Output Power, 2021 & 2031F |
4 India Brushless DC Motor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of brushless DC motors in automotive and industrial applications due to their energy efficiency and reliability. |
4.2.2 Growing focus on electric vehicles and renewable energy sources driving the demand for brushless DC motors. |
4.2.3 Technological advancements leading to improved performance and cost-effectiveness of brushless DC motors. |
4.3 Market Restraints |
4.3.1 High initial investment required for brushless DC motors compared to traditional brushed motors. |
4.3.2 Limited availability of skilled personnel for the installation and maintenance of brushless DC motors. |
4.3.3 Challenges related to the compatibility of brushless DC motors with existing infrastructure in some industries. |
5 India Brushless DC Motor Market Trends |
6 India Brushless DC Motor Market, By Types |
6.1 India Brushless DC Motor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Brushless DC Motor Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Brushless DC Motor Market Revenues & Volume, By Inner Rotor , 2021-2031F |
6.1.4 India Brushless DC Motor Market Revenues & Volume, By Outer Rotor, 2021-2031F |
6.2 India Brushless DC Motor Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 India Brushless DC Motor Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
6.2.3 India Brushless DC Motor Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.4 India Brushless DC Motor Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.2.5 India Brushless DC Motor Market Revenues & Volume, By Medical Devices, 2021-2031F |
6.2.6 India Brushless DC Motor Market Revenues & Volume, By Others , 2021-2031F |
6.3 India Brushless DC Motor Market, By Rated Output Power |
6.3.1 Overview and Analysis |
6.3.2 India Brushless DC Motor Market Revenues & Volume, By Up to 350W, 2021-2031F |
6.3.3 India Brushless DC Motor Market Revenues & Volume, By 351-750W, 2021-2031F |
6.3.4 India Brushless DC Motor Market Revenues & Volume, By 751-1, 2021-2031F |
6.3.5 India Brushless DC Motor Market Revenues & Volume, By 000W, 2021-2031F |
7 India Brushless DC Motor Market Import-Export Trade Statistics |
7.1 India Brushless DC Motor Market Export to Major Countries |
7.2 India Brushless DC Motor Market Imports from Major Countries |
8 India Brushless DC Motor Market Key Performance Indicators |
8.1 Energy efficiency improvements achieved through the use of brushless DC motors. |
8.2 Reduction in maintenance costs compared to traditional motor options. |
8.3 Increase in the adoption rate of brushless DC motors in key industries. |
8.4 Average lifespan of brushless DC motors in different applications. |
8.5 Number of new technological innovations and patents in the brushless DC motor market. |
9 India Brushless DC Motor Market - Opportunity Assessment |
9.1 India Brushless DC Motor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Brushless DC Motor Market Opportunity Assessment, By End-User, 2021 & 2031F |
9.3 India Brushless DC Motor Market Opportunity Assessment, By Rated Output Power, 2021 & 2031F |
10 India Brushless DC Motor Market - Competitive Landscape |
10.1 India Brushless DC Motor Market Revenue Share, By Companies, 2024 |
10.2 India Brushless DC Motor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |