Electronically Commutated Motor Market - Global Market Share, Trends, Analysis and Forecast 2023 - 2032
The global electronically commutated motor market size was estimated to be US$ 4.3 billion in 2020 and is expected to reach US$ 7.75 billion by 2031 at a CAGR of 5.6%.
An electronically commutated motor uses electronic controls to adjust its speed. EC motors are brushless, because of which they help in decreasing maintenance, guaranteeing high efficient working, further resulting in energy conservation, and helping in improving service life.
ECMs are lighter than various other kinds of motors, making them simple to use in various domains. ECMs additionally helps in lessening operating cost, are not prone to overheating, and furthermore are studied to not generate excessive heat during use. Their advantage over others is that these motors burn-through less power, unlike induction motors. So they are used widely in different application in the ventilation and refrigeration industry, electric vehicles, cordless devices, also they have use in industrial designing, motion controlling systems, aeromodelling, inside radio control vehicles, and others.
Electronically commutated motors make it possible to control wind flow, sequential communication, and permit programmability that has its utilization in warming, ventilation, and cooling processes. Electronically commutated motors are utilized in the vehicle area too. Constantly increasing worries for the climate and amplified use of electric vehicles is in turn building the demand of electronically commutated motors.
Energy guidelines set by specialists all throughout the planet are assessed to help the new players in the worldwide electronically commutated motors market to grow if they manage to adhere to the standards that are set. Less than 5 HP EC motor has a wide application range. Different modern appliances like consumer gadgets, air conditioning – private and business sector, and other material handling devices along with hardware for manufacturing are picking these motors, which are contributing to the greater part of the motor market because of rising effectiveness. Mindfulness about energy effectiveness arrangements is rising explicitly since last few years, empowering makers to zero in on high productivity product promotion. These factors are probably going to encourage the demand for ECM motors in coming years ahead.
Environment degradation concerns, massive consumer base shifting towards of electric vehicles, and energy guidelines by government specialists are postulated to lend a helping hand to the section of new players in the worldwide electronically commutated motors market. Key factors considered as the driving factors for the market development are greater emphasis on environment related worries among the populace worldwide, faster endorsement and production of electric vehicles, growing business possibilities in construction and building sectors, and rising tendency of spending in motor innovations.
The brushless DC motors segment represented the significant share of the market in 2020, in virtue of its few improved features and advantages over different kinds of other motors, which has low clamor and give high torque to weight proportion, higher productivity motors, lower energy consumption, and long battery life to name a few. The constant airflow stream segment represented the significant share in 2020, as motors with consistent constant airflow give the highest effectiveness while working. Constant airflow ECM is also known to have features like decreasing air commotion and give a soft on and off action.
The super durable magnet AC motor segment is expected to encounter extensive development as it is mostly used to deliver a steady magnetic field. It has a low torque ripple, higher energy density, low support cost, size which is compact and low-heat generation capacity. A servo motor involves a control circuit, which assists the motor with rotation with extraordinary accuracy.
Severe regulations implemented towards manufacturing orders and need to adhere to them have become basic need for worldwide hardware makers in the electronically commutated motors market to build the accessibility of energy-proficient gadgets. Organizations working in the worldwide EC motors market are chipping away at making energy-productive fans and motors which will build their usage in larger and smaller enterprises. Besides, key organizations are further fixated on increasing their motor manufacturing limit because of expanding demand in the central air management segment.
The modern initiatives for smart urban areas and infrastructural improvement in agricultural nations, like China and India, hold promising possibilities of growth for players in the air conditioning ECM market during 2021-2031. In Asia Pacific, China represents the evident share of the market, and it is expected to maintain this stature with its strength during 2021-2031. China is noticeably zeroing in on upgrading and working on industrial heating, ventilation, and cooling systems, which have created the requirement for electronically commutated motors on a large scale in the province. In North America, energy usage on larger scale, government laws for controlling air pollution are factors responsible for the expansion of the electronically commutated motors market during 2021-2031.
Electronically Commutated Motor Market Value Share Analysis, by Geography (2022)
The report titled “Electronically Commutated Motor Market - Global Market Share, Trends, Analysis and Forecasts, 2023-2032”, wherein 2021 is the historic period, 2022 is the base year, and 2023 to 2032 is the forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the Electronically Commutated Motor Market. Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market.
The Electronically Commutated Motor market is segmented as type, end-user, and region. Based on type, the Electronically Commutated Motor market is segmented into Constant Air Flow (Constant Torque, Constant Speed, Standard Precision), other. Based on end use, the Electronically Commutated Motor market is segmented into Consumer Electronics (Transport, Heating & Ventilation, Industrial Engineering, Model Engineering), other. Based on geography, the Electronically Commutated Motor Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is sub-segmented into the United States, Canada and Rest of North America. Europe is sub-segmented into Germany, United Kingdom, Italy, France, Spain, and Rest of Europe. Asia Pacific is sub-segmented into China, Japan, India, Australia, and Rest of Asia Pacific. Middle East & Africa is sub-segmented into Saudi Arabia, UAE, South Africa and Rest of Middle East & Africa. South America is sub-segmented into Brazil and Rest of South America.
The research provides in-depth analysis of prominent players holding majority share of the global market with a focus on all operating business segment and would identify the segment of the company focusing on Electronically Commutated Motor Market. Further, market share of prominent companies in the Electronically Commutated Motor Market would also be estimated.
The study takes into consideration the key competitive information such as business strategy, product portfolio, key development, swot analysis, and research and development focus of all the Electronically Commutated Motor companies. The Electronically Commutated Motor Market study would take into consideration the participants engaged throughout the supply chain and value chain of the market, along with their contribution.
Product portfolio would focus on all the products under the Electronically Commutated Motor business segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the Electronically Commutated Motor Market.
The key players of the Electronically Commutated Motor Market are Siemens, Weg, Parker Hannifin Corp., ABB Group, ASTRO MotorengesellschaftmbH& Co.KG, Nidec Motor Corporation, ALLIED MOTION TECHNOLOGIES INC., Bühler Motor GmbH, Maxon motor AG, Kollmorgen Corp, and others.
Electronically Commutated Motor Market Key Segments:
Based on type
- Constant Air Flow
- Constant Torque
- Constant Speed
- Standard Precision
- Others
Based on end use
- Consumer Electronics
- Transport
- Heating & Ventilation
- Industrial Engineering
- Model Engineering
- Others
By Region
- North America
- U.S.
- Canada
- Rest of North America
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- Rest of Asia Pacific
- Middle East & Africa
- UAE
- South Africa
- Saudi Arabia
- Rest of Middle East & Asia
- South America
- Brazil
- Rest of South America
Frequently asked questions about this report
How big is the Electronically Commutated Motor Market?
The global Electronically Commutated Motor market was worth US$ 4.3 billion in 2020.
What is the estimated growth rate of Electronically Commutated Motor Market?
The global Electronically Commutated Motor market is expected to register a CAGR of 5.6% between 2022 and 2032.
Who are the top 5 market players in the market?
Weg, Parker Hannifin Corp., ABB Group, Nidec Motor Corporation, ALLIED MOTION TECHNOLOGIES INC are the top 5 Electronically Commutated Motor manufacturers.
What are the driving factor in this market?
Key factors considered as the driving factors for the market development are greater emphasis on environment related worries among the populace worldwide, faster endorsement and production of electric vehicles, growing business possibilities in construction and building sectors, and rising tendency of spending in motor innovations.
What are the end-use segments in the Electronically Commutated Motor market?
The end-use segments in Electronically Commutated Motor market are Consumer Electronics(Transport, Heating & Ventilation, Industrial Engineering, Model Engineering).