Technology Research Reports Electric DC Motor Market Industry Trends

Electric DC Motors Market Analysis, Size, Growth, Share &
Forecast to 2025 | Grand View Research Inc.
“Electric DC Motors Market Worth $34.25 Billion By 2025 | CAGR: 6.1%”
The global electric DC motors market is expected to reach USD 34.25 billion by 2025, according to a new
report by Grand View Research, Inc. These motors are extensively used in compressors, machine tools,
electric cars, and domestic appliances, among others. Major advantages, such as lesser rotor heat and higher
peak efficiency as compared to other motors, make them suitable for applications in a variety of fields. These
high-efficiency motors are expected to gain importance due to their long operating life, low maintenance, and
low energy consumption.
The increasing global demand for DC motor-driven equipment is further boosting the market growth. Factors
including large-scale adoption in forklift chemical injection pumps and HVAC applications are estimated to
catapult the prospects for market growth by 2025. Electric DC type have undergone several advancements
over the past few years, owing to which the current motor demand is expected to gain traction in future.
The electric DC motors market is projected to witness a significant growth over the forecast period, which is
stemmed from the increasing automobile production as well as the number of motors per car. The market is
driven by the rising manufacturing and purchasing activities in the electric vehicle industry globally. Improving
standards of living and rising income levels are anticipated to further spur the global production of motor
vehicles and electronic appliances. The growing popularity of vehicle features such as motorized seats,
adjustable mirrors, and sunroof systems is driving demand for electric DC motors, especially brushless types.
The ever-increasing fuel prices and growing need among consumers for using cleaner energy have driven
demand for electric motors in the recent years. The use of DC type as the primary component of electric
motors is likely to drive market growth in future. Furthermore, the rising environmental concern is a key factor
expected to spur growth.
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