About the DC Motors Market
A DC motor is a synchronous motor that is powered by an electrical source using an integrated switching power supply. It has electronic commutation system, field windings, and armature. The armature or coil, which is wound on the rotor, conducts current. The commutator takes the stationary power of the armature, and passes it on to the brushes or conductive rods.
DC motors are used in various equipment and devices across sectors such as industrial machinery, automotive, consumer durables, aerospace, and defense. They used in equipment such as forklift, mobile HVAC applications, hydraulic pumps, hazardous applications, injection pump applications, electric hoist, reels and winches, remote control, and power.
Technavio’s analysts forecast the global DC motors market to grow at a CAGR of 12.74% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global DC motors market for 2016-2020. It considers the revenue generated from the sales of DC motors and includes the following product types:
Technavio Announces the Publication of its Research Report – Global DC Motors Market 2016-2020
Technavio recognizes the following companies as the key players in the global DC motors market: ABB, Emerson Electric, Siemens, and FAULHABER.
Other Prominent Vendors in the market are: Allied Motion Technologies, Ametek, Anaheim Automation, ARC Systems, Asmo, Brook Crompton, Danaher Motion, Shandong Huali Motors, Johnson Electric Holdings, Maxon Motors, Minebea, Nidec, Omron, Rockwell Automation, TMEIC, and Toshiba.
Commenting on the report, an analyst from Technavio’s team said: “One trend that is already having a big impact on the market is the emergence of compact and modular DC motors. Innovations have led to the creation of compact and modular DC motors in the market. The features of a modular DC motor that is pushing its demand in the industries are high efficiency, perfect coordination, low-wear materials and well-proven insulation system, high power density with low envelope dimensions, and low noise emission. There is a high degree of reliability due to its rugged design and owing to its modular concept. It also displays optimum operating behavior and maximum dynamic performance with highly smooth running characteristics and balance quality.”
According to the report, a key growth driver for the DC motors market is the need to comply with regulations and standards. The production process, where electric motors are used, consume up to 70% energy that is needed by the industry. Research has found that about 20%-30% of the energy consumed can be saved if energy saving motors such as DC motors are used. It is also suggested that for motors used in electric systems, an eco-design should be established.
Further, the report states that one challenge that could restrict market growth is the need for high maintenance.
ABB, Emerson Electric, Siemens, FAULHABER, Allied Motion Technologies, Ametek, Anaheim Automation, ARC Systems, Asmo, Brook Crompton, Danaher Motion, Shandong Huali Motors, Johnson Electric Holdings, Maxon Motors, Minebea, Nidec, Omron, Rockwell Automation, TMEIC, Toshiba.
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