The global electric DC motors market is expected to reach USD 34.25 billion by 2025. 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.
- Allied Motion Technologies, Inc.
- Ametek, Inc.
- Asmo Co., Ltd.
- Baldor Electric Company, Inc.
- Franklin Electric Co., Inc.
- Johnson Electric Holdings Ltd.
- Rockwell Automation, Inc.
Key Topics Covered:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Electric DC Motor Industry Outlook
Chapter 4. Electric DC Motor Market: Type Outlook
Chapter 5. Electric DC Motor Market: Voltage Outlook
Chapter 6. Electric DC Motor Market: End-use Outlook
Chapter 7. Electric DC Motor Market: Regional Outlook
Chapter 8. Competitive Landscape
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