low cost of brushed dc motors compared with brushless dc motors is driving the Brushed DC Motors Market
Technavio analyzes that the Brushed DC Motors Market is expected to grow at a CAGR of 10.03% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 7311.6 million.There are various factors that contribute to the growth of the market. Brushed DC motors offer a significant cost advantage over their brushless DC motor counterparts. The lower cost is primarily due to their simpler design, which includes a rotating brush against a stationary commutator, eliminating the need for complex electronic commutation systems. This cost difference makes brushed DC motors an attractive option for applications where budget is a primary consideration. However, it's essential to note that brushed DC motors have higher maintenance requirements due to their brushes, which wear out over time and need periodic replacement.
In the power rating range of brushed DC motors, these motors hold substantial market share in various sectors, including consumer electronics, automotive auxiliary systems, and cordless tools. Industrial applications encompass the actuation of valves and forklifts. Notably, BLDC motors, specifically those below 750 W, are extensively utilized in hard disk drives (HDDs) by industry leaders such as Western Digital, Seagate, and Toshiba. Brushed DC motors, with a power rating between 37.5 W and 750 W, are indispensable in applications like forklifts, battery-operated tools, and automotive subsystems. For instance, Allied Motion Technologies' permanent magnet brushed DC motors are employed in heavy-duty trucks, HVAC air moving systems, racing cars' fuel pumps, hydraulic pumps, and patient handling equipment. Rapid urbanization and changing lifestyles further fuel the demand for these motors in diverse applications.
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Brushed DC Motors Market Segmentation
As per our research findings, here are some of the key competitors that are leading the industry
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The Brushed DC Motors market encompasses various applications, including power windows, computer peripherals, and household appliances. In the automotive segment, DC motors are used in electric vehicles (EVs) and automobiles, replacing internal combustion engines. The industrial sector utilizes DC motors in manufacturing plants, robotics, conveyor systems, pumps, compressors, and manufacturing equipment. Magnetic drive DC motors offer cleaner transportation modes, such as electric cars, while rings and DC motors are integral to consumer electronics and power tool solutions.
The Brushed DC Motors market is a significant segment of the larger electrical components and equipment market. This market encompasses companies specializing in the production of brushed DC motors, which find applications in various industries. Key end-users include manufacturers of power windows for automobiles and computer peripherals, as well as retailers such as Sears. The parent market, the global electrical components and equipment industry, comprises firms involved in the manufacturing of electrical cables and wires, electrical components, and electrical equipment. This market size is determined by Technavio based on the combined revenue generated by manufacturers of water heaters and accessories, motors, motor control, encoder and amplifier, automation solutions, electrical distribution and protection equipment, small generators, wire and cable accessories, power supplies and conditioners, sensors, meters and indicators, recorders and loggers, process safety systems, instrumentation, test and measurement equipment, switches, transmitters and receivers, HVAC, and safety components. Furthermore, rental and leasing of electrical components and equipment to industrial, commercial, and residential clients is also taken into account when calculating the market size.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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