World Top 10 Companies in Brushless DC Motor Market
The Brushless DC Motor Market to Reach Valuation of USD 23.52 Billion by 2028; Increasing Demand for Smart Cities to Drive the Market
Brushless DC motors have better performance and efficiency as compared to the brushed DC motors due to the involvement of electronic control enabling high-level control over the speed and position of the motor. Brushless DC motor lifespan is approximately 6 times higher than the counter brushed DC motor which gives them advantage over the brushed DC motors hence giving it key sales and quality advantage. In the brushless DC motor, the rotor, made of a permanent magnet, is driven by the magnetic force of the stator's winding circuit while the brush DC motor uses a brush and commutator for current switching. Brushless DC motor uses a sensor and an electronic circuit for current switching.
The increasing demand in processing industries to gain high torque to weight ratio, reliability, reduce noise and erosion are the key reasons to adopt brushless DC motors. Also, increase in industrialization and improving process related problems by using brushless DC motors is major driving factor for the brushless DC motor market.
The emerging economies of Asia Pacific such as India, China, Indonesia, and Thailand are expected to fuel the growth of the brushless DC motor market in coming years. In 2021, countries such as India and China in the Asia Pacific region shared the highest GAGR. The reason for the growth of brushless DC motor market is the growing processing industry, lower cost of labor and major investment made by key manufacturers.
AMETEK, Inc. was founded in 1930. The company is a global manufacturer of electronic instruments and electromechanical devices with a headquarters in the United States and over 220 manufacturing sites worldwide. As of 2020 the company had 18,000 employees working across major locations worldwide. The company has numerous subsidiaries such as Alphasence Ltd., Rauland Borg, Brookfield Engineering, and various others. In 2019 the company generated Revenue of USD 83.13 Million. The company is listed in the New York Stock Exchange as AME (NYSE).
Allied Motion Technologies Inc. is American company headquartered in New York, U.S. The company produces precision and specialty motion control components and systems for commercial, industrial, medical, vehicle, aerospace and defense markets. The company was founded in 1939. As of today, the company has 1,770 employees working across its 21 locations globally. The company is listed as AMOT (NASDAQ) in stock exchange market. Major subsidiaries of the company are Global Motors Inc., Dynamic Controls Ltd., Stature Electric Inc., and many others.
Nidec Corporation is a brushless DC motor manufacturer and distributor founded in 1973 and headquartered in Kyoto, Japan of electric motors. Their products are found in hard-disk drives, electric appliances, automobiles and commercial and manufacturing equipment. The company has the largest global market share for the tiny spindle motors that power hard-disk drives. The company is listed in Japanese Stock exchange as 6594 (TYO). The company has numerous subsidiaries such as Nidec Leroy-Somer, Nidec Copal Corporation, and others.
Johnson Electric is a provider of motors, actuators, motion subsystems and related electro-mechanical components for automotive, industrial and medical applications. Johnson Electric has manufacturing facilities in 18 countries and 40,000 employees working across major locations worldwide. The company is headquartered in Hong Kong, China and was founded in 1959. The company is listed in Hong Kong Stock Exchange as 0179 (HKG). The company has numerous subsidiaries such as Parlex, Nanomothion Ltd, Johnson Electric World Trade Ltd., and many others.
Minebea Mitsumi, Inc. is a Japanese multinational corporation and a major producer of machinery components and electronics devices. The company as of June 30, 2019, has its 121 consolidated subsidiaries and affiliates. NMB Inc. is an American holding company that manages Minebea's American subsidiaries. The company is listed as 6479 (TYO) on the Tokyo stock exchange.
Maxon Group is a Swiss manufacturer founded in 1961 and is a supplier of high-precision drive systems. The group, including its subsidiaries, offers electric DC motors, AC motors, encoders, gears, and electric motor controllers. Currently around 3000 employees are working in the company at major locations. The company has few subsidiaries namely Parvalux Electric Motors Ltd, Zub machine control AG.
Regal Rexnord Corporation was founded in 1955 and is a manufacturer of electric motors headquartered in Beloit, Wisconsin, U.S. The company has manufacturing, sales, and service facilities throughout the United States, Canada, Mexico, Europe and Asia, with about 29,000 employees. In 2020, the company generated revenue of USD 410 Million and is listed in New York stock exchange as RRX (NYSE). The company has numerous subsidiaries such as Rexnord Corporation, Genteq, System Plast S.p.A., and many more.
Oriental Motor Co., Ltd. was founded in Tokyo, Japan in 1885. The company supplies AC motors, Brushless DC motors, Speed controllers, Stepping Motor, and various others.
Portecap was founded in 1933 and headquartered in Switzerland. The company supplies various motors such as brushless DC motors, Surgical Motors, Ultra EC Brushless Motors, and various others.
ElectroCraft, Inc. is a subsidiary organization to DMI Technology Corporation. The company was founded in 1960 and headquartered in Dover, New Hampshire, United States. The company manufactures Customizable Motion Control and Fractional Horsepower Motors and supplies globally.