According to our latest market study on “Electric DC Motors Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type, Speed, and Application,” the market is expected to grow from US$ 12,968.5 million in 2021 to US$ 23,639.4 million by 2028; it is estimated to grow at a CAGR of 9.0% from 2021 to 2028.

Adoption of Brushless DC Motors in Electric Vehicle Manufacturing to Drive Market Growth During 2021–2028

The global automobile industry is shifting toward electric mobility due to substantial advances in electric vehicle technology.  According to the International Energy Agency (IEA), global electric car sales accounted for 7.2 million in 2019, surpassing the sales record of 5.1 million in 2018. As per the IEA, i0n 2019, electric cars accounted for 2.6% of global car sales and ~1% of global car stocks, representing a 40% raise every year. Electric vehicles are becoming popular owing to technological advancements in electric two/three-wheelers, buses, and trucks. The demand for electric vehicles is also fueled by developments in battery technology that lower battery costs and boost charging speed. These factors are expected to propel the demand for brushless DC motors during the forecast period. Also, Tax exemptions and incentives by governments to promote environmentally friendly transportation are likely to promote the demand for brushless DC motors.

The List of Companies - Electric DC Motors Market

·         ABB

·         Allied Motion Inc.

·         Ametek Inc

·         Yaskawa Electric Corp

·         Minebeamitsumi Inc.

·         Johnson Electric Holdings Limited

·         Maxon Motor AG

·         NIDEC Corporation

·         Regal Rexnord Corporation

·         Siemens AG

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(Our SAMPLE COPY of the report offers a quick advent to the Study report outlook, TOC, a listing of tables and figures, Analysis on Competitors of the market, and comprising key regions, also include COVID-19 impact Analysis)

Impact of COVID-19:

The COVID-19 pandemic disrupted various industries, such as automotive, consumer electronics, and industrial equipment manufacturers. Several government initiatives, including travel restrictions and social distancing, caused the temporary closure of manufacturing units of the production plants operating with less capacity, which adversely impacted the electric DC motors market during the Q1 and Q2 of 2020. However, with the normalization of economic activities, high vaccination drives, and reduction in COVID-19 cases globally, the plants resumed operations from Q3 of 2020, thereby reducing the impact of the COVID-19 pandemic. The electric DC motors market is segmented on the basis of type, speed, application, and geography. Based on type, the market is bifurcated into brushed DC motors and brushless DC motors. Based on speed, the market is segmented into low (less than 1,000 rpm), medium (1,001–25,000 rpm), and high (above 25,000). By application, the electric DC motors market is segmented into industrial machinery, automotive and transportation, HVAC equipment, aerospace & defense, household appliances, and others. Based on geography, the electric DC motors market is primarily segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South and Central America.

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·         To part the breakdown information by districts, type, makers, and applications.

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·         To introduce the key Electric DC Motors makers, creation, income, piece of the pie, and ongoing turn of events.

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Our Research Analyses Some Key Points for your Research Study:- Market Research Report, Industry Business Outlook, Revenue, Trends, Industry Business Outlook, Revenue, Comprehensive Analysis, Development Strategy, Future Plans and Industry Growth, Potential growth, attractive valuation, increasing demand with Industry Professionals, innovations, CAPEX cycle and the dynamic structure, increasing demand, gross profits, operating income, COGS, EBITDA, sales volume, product offerings, company landscape analysis, key strategic moves, key recent developments, and technological roadmap

Major Product Type of Electric DC Motors Market Research report:

·         Brushed DC Motors

·         Brushless DC Motors

Application Electric DC Motors Market Research Report:

·         Industrial Machinery

·         Automotive and Transportation

·         HVAC Equipment

·         Aerospace & Defense

·         Household Appliances

·         Others

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Key Industry Insights

This Market report is a wide audit that incorporates an itemized review of the Electric DC Motors business. The report clarifies kind of Electric DC Motors and application in various verticals of the market with respect to different nations and key areas. The examination has recorded and assessed all the central members in the worldwide Electric DC Motors market and analyzed them based on various measurements, for example, yearly deals shipments volume, verifiable development rates, market income, and promoting techniques. Based on every one of these discoveries, the worldwide Electric DC Motors industry study report proposes key intends to improve market positions for existing business sector members.

This Study Report Offers Following Objectives:

1.       Conjecture and examination of the worldwide Electric DC Motors market deals, share, worth, status and figure 2028.

2.       Break down the local just as nation level portions, share development for Global Electric DC Motors Market.

3.       Investigation of Global Electric DC Motors industry-driving makers/players.

4.       Characterize and investigate the market rivalry scene, SWOT examination.

5.       Estimates and investigation of the portions, sub-sections and the provincial business sectors dependent on last of 5 years market history.

6.       Examination of the Electric DC Motors market by Type, by Application/end clients and district insightful.

7.       Estimate and investigation of the Global Electric DC Motors Market Trends, Drivers, Investment Opportunities, Openings, Risk, Difficulties, and suggestions.

8.       Investigate the critical driving elements, patterns which confine market development.

9.       Portray the partner's chances in the market by recognizing the high development fragments.

Top Points Covered in the Global Electric DC Motors Market:

·         Industry Overview of Global Electric DC Motors Market;

·         Classification, Specifications and Definition of Electric DC Motors Market Segment by Regions;

·         Process and Structure

·         Research Findings/Conclusion, Electric DC Motors deals channel, traders, distributors, dealer’s analysis;

·         Complete Market Research, Capacity, Sales and Sales Price Analysis with Company Segment;

·         Analysis of Regional Market that contains the United States, Europe, India, China, Japan, Korea & Taiwan;

·         Electric DC Motors Market Analysis by Major Players, The Electric DC Motors Segment Market Analysis (by Type) and (by Application);

·         Regional Market Trend Analysis, Market Trend by Product Type and by Application:

·         Supply Chain Analysis, Regional Marketing Type Analysis, Global Trade Type Analysis;

·         The Global Electric DC Motors industry consumers Analysis;

·         Appendix and data source of Electric DC Motors market.

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