Technology Research Reports Electric DC Motor Market Industry Trends | Page 2

The ability of DC type to save energy, along with enhancing the reliability and operational efficiency of
equipment, is expected to result in their augmented adoption over the forecast period. Furthermore, the
growing awareness of green vehicles among customers coupled with several government initiatives to promote
green vehicles for safeguarding the environment from carbon emissions are contributing to the market growth.
They are expected to further drive demand for DC type over the forecast period.
HVAC systems are generally implemented in large offices, corporate spaces, and shopping malls. DC motors
are used in HVAC equipment for the movement of air from one place to another. The rising rate of urbanization
and improved standard of living are likely to lead to the large-scale implementation of HVAC systems, thereby
driving the demand globally.
Browse Details of Report @ https://www.grandviewresearch.com/industry-analysis/electric-dc-motor-market
Further key findings from the report suggest:
• The electric DC motors market was USD 20,196.6 million in 2016 and is expected to grow at a
CAGR of 6.1% over the forecast period, which is primarily attributed to their increasing
application in industrial machinery and electric vehicles.
• The brushless segment accounted for a major share in 2016 owing to factors such as thermal
resistance, low maintenance, and low operating temperatures.
• The increasing utilization of 0-750W segment in applications such as plastic extruders, packaging
machinery, and conveyors are expected to lead to the rising demand for the segment by 2025.
• DC types are widely adopted in the industrial machinery segment, which is ascribed to features
such as robust functioning and safer operations that they offer across numerous application s.
• The Asia Pacific region is anticipated to witness growth at a CAGR exceeding 5% over the
forecast period, owing to increasing industrialization in the developing economies of China, India,
and Indonesia.
• Key players such as Ametek Inc., Franklin Electric Co., Asmo Co. Ltd., and ABB Ltd. dominated
the market in 2016 with their emphasis on expanding market presence through mergers and
acquisitions.
Grand View Research has segmented the global electric DC motors market based on type, voltage, end use, and
regions:
Electric DC Motors Type Outlook (Revenue, USD Million, 2014 - 2025)
• Brushed DC Motors
•
Brushless DC Motors
Electric DC Motors Voltage Outlook (Revenue, USD Million; 2014 - 2025)
• 0 - 750 Watts
• 750 Watts - 3 kW
• 3 kW - 75 kW
• Above 75 kW
Follow Us: