Medical Devices Segment Poised to Reflect High Potential in the Global Frameless Brushless DC Motor Market

Albany, US, 2017-Sep-06 — /EPR Network/ — Comprehensive market research on the frameless brushless DC motors market in a new market research study titled “Global Market Study on Frameless Brushless DC Motors: Global Industry Analysis, Share, Size, Trends, Growth and Forecasts 2017-2025” by Market Research Report Search Engine reveals major trends, challenges, opportunities and drivers that are influencing the global frameless brushless DC motor market across important geographies of North America, Europe, Latin America, Asia Pacific and Middle East and Africa during the period of forecast of 2017 to 2025. The report covers all angles in the market with the help of a detailed market segmentation.

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Global Frameless Brushless DC Motors Market: Forecast Analysis

The global frameless brushless DC motors market, according to the market research study by Market Research Report Search Engine, is anticipated to grow at moderate growth rate and poised to reflect a CAGR of 4.6% throughout the period of forecast 2017-2025. The global frameless brushless DC motor market is expected to reflect a value of about US$ 12 Bn by the end of 2025 from a value of around US$ 8.4 Bn in 2017.

Global Frameless Brushless DC Motors Market: Dynamics                   

The global frameless brushless DC motors market is impacted by several factors and the magnitude of the impact varies with region. Rising consumption of high performance vehicles in the emerging economies has prompted the manufacturers to focus on countries such as China and India, and make available a range of frameless brushless DC motors to serve the purpose. The number of regional and local players is increasing and so are the strategic collaborations. This is a trend observed in the market, which assists in achieving regional lead over competition. Frameless brushless DC motors are also light in weight, which adds to their credibility and performance. This has impacted their consumption on a large scale and in a positive way. This factor is one of the reasons for the growth of the frameless brushless DC motors market. Another feature that drives the growth of the frameless brushless DC motors market is that they provide higher efficacy and consume less energy, which is a point of focus for several companies across the world. This has spurred the consumption of frameless brushless DC motors around the globe. The rise in the use of robots in several end use industries owing to technological development and rise in automation has contributed towards the growth of the frameless brushless DC motors market, as they are widely used in robotics. To add to the attractiveness of the global frameless brushless DC motors market, the frameless brushless DC motors show two main characteristics – longer life and higher efficiency.

Global Frameless Brushless DC Motors Market: Segmental Analysis

  • Asia Pacific (APAC) region is expected to witness good growth in the frameless brushless DC motors market owing to the potential that the region holds. This region is anticipated to grow at a higher CAGR of 5.5% throughout the period of forecast.
  • China and Japan poised to grow at higher growth rates, with China leading India.
  • North America region anticipated to show a comparatively low CAGR of 4.9% during 2017-2025, with United States and Canada being the major contributors in this region. Europe is likely to show moderate growth rate during the period of forecast
  • By application, the medical devices segment is expected to grow at a steady growth rate by reflecting a value CAGR of 5.1% during the period of forecast and is expected to reflect a high incremental dollar opportunity of around US$ 955 Mn
  • The robotics segment by application are poised to grow at a CAGR of 5.0% throughout the forecast period and are poised to reflect an incremental opportunity of about US$ 590 Mn in the period of forecast

Global Frameless Brushless DC Motors Market: Competitive Landscape

In-depth analysis of the research study on the global frameless brushless DC motors market also covers a separate section on competition that unmasks a detailed evaluation on the key players involved in the global frameless brushless DC motors market. Key players involved in the market are Nidec Corporation, Aerotech Inc., Johnson Electric, Allied Motion Technologies Inc., Electro-Kinetic Designs ltd., BEI Kimco, Anaheim Automation Inc., Linix Motor, Portescap India Pvt. Ltd., Shinano Kenshi Co Ltd., Moon Industry America Inc., Oriental Motor Co. Ltd., Woodward, Inc., Parker Hannifin Corporation, Skurka Aerospace, Inc., Servotecnica SpA, Mclennan Servo Supplies, Ametek Inc., Kollmorgen Corporation, Minebea Mitsumi Inc., and Moog Inc.

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