
Europe Electric DC Motor Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Brushed DC Motors and Brushless DC Motors), Speed (Low, Medium, and High), and Application (Industrial Machinery, Automotive & Transportation, HVAC Equipment
Description
Europe Electric DC Motor Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Brushed DC Motors and Brushless DC Motors), Speed (Low, Medium, and High), and Application (Industrial Machinery, Automotive & Transportation, HVAC Equipment, Aerospace & Defense, Household Appliances, and Others)
The Europe electric DC motor market is expected to reach US$ 5,708.86 million by 2028 from US$ 3,132.80 million in 2021. The market is estimated to grow at a CAGR of 9.0% from 2021 to 2028.
Electronic control, high power-to-weight ratio, and high speed are a few features of brushless DC motors. Hand-held power tools, computer peripherals, printers, disc drives, and automobiles all use brushless DC motors. Brushless DC motors undergo less wear and tear and have lower maintenance costs than conventional motors.
Brushless DC motors' advantages such as low noise, strong torque, energy savings, and increased operating efficiency are propelling the market's growth. Brushless DC motors are gaining popularity due to the growing industrial automation and the increasing use of small electronic gadgets. Hand dryers, surgical instruments, fans, pumps, compressors, and domestic appliances use brushless DC motors. The adoption of brushless DC motors is growing due to the increasing urban population and rising awareness regarding environmentally friendly products. Moreover, brushless DC motors are adopted by various industries, including agriculture, medical, healthcare, and automotive. Due to increased government investments in the healthcare sector, in nations such as the UK, the industry is growing rapidly. For instance, the UK's government spent US$ 252.9 billion on healthcare in 2018. Due to features such as energy efficiency, high torque, and high rpm, the demand for brushless DC motors is expected to increase.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe electric DC motor market. The Europe electric DC motor market is expected to grow at a good CAGR during the forecast period.
Europe Electric DC Motor Market Revenue and Forecast to 2028 (US$ Million)
Europe Electric DC Motor Market Segmentation
By Type
Brushed DC Motors Brushless DC Motors
By Speed
Low Medium High
By Application
Industrial Machinery Automotive and Transportation HVAC Equipment Aerospace & Defense Household Appliances Others
By Country
France Germany Italy UK Russia Rest of Europe
Companies Mentioned
ABB Ltd AMETEK Inc. Yaskawa Electric Corporation Johnson Electric Holdings Limited Nidec Corporation Siemens AG Allied Motion Technologies Inc. Minebea Mitsumi, Inc. Maxon Motors AG Regal Rexnord Corporation
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe Electric DC Motor Market.
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in Europe Electric DC Motor Market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
The Europe electric DC motor market is expected to reach US$ 5,708.86 million by 2028 from US$ 3,132.80 million in 2021. The market is estimated to grow at a CAGR of 9.0% from 2021 to 2028.
Electronic control, high power-to-weight ratio, and high speed are a few features of brushless DC motors. Hand-held power tools, computer peripherals, printers, disc drives, and automobiles all use brushless DC motors. Brushless DC motors undergo less wear and tear and have lower maintenance costs than conventional motors.
Brushless DC motors' advantages such as low noise, strong torque, energy savings, and increased operating efficiency are propelling the market's growth. Brushless DC motors are gaining popularity due to the growing industrial automation and the increasing use of small electronic gadgets. Hand dryers, surgical instruments, fans, pumps, compressors, and domestic appliances use brushless DC motors. The adoption of brushless DC motors is growing due to the increasing urban population and rising awareness regarding environmentally friendly products. Moreover, brushless DC motors are adopted by various industries, including agriculture, medical, healthcare, and automotive. Due to increased government investments in the healthcare sector, in nations such as the UK, the industry is growing rapidly. For instance, the UK's government spent US$ 252.9 billion on healthcare in 2018. Due to features such as energy efficiency, high torque, and high rpm, the demand for brushless DC motors is expected to increase.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe electric DC motor market. The Europe electric DC motor market is expected to grow at a good CAGR during the forecast period.
Europe Electric DC Motor Market Revenue and Forecast to 2028 (US$ Million)
Europe Electric DC Motor Market Segmentation
By Type
Brushed DC Motors Brushless DC Motors
By Speed
Low Medium High
By Application
Industrial Machinery Automotive and Transportation HVAC Equipment Aerospace & Defense Household Appliances Others
By Country
France Germany Italy UK Russia Rest of Europe
Companies Mentioned
ABB Ltd AMETEK Inc. Yaskawa Electric Corporation Johnson Electric Holdings Limited Nidec Corporation Siemens AG Allied Motion Technologies Inc. Minebea Mitsumi, Inc. Maxon Motors AG Regal Rexnord Corporation
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe Electric DC Motor Market.
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in Europe Electric DC Motor Market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
Table of Contents
145 Pages
- 1. Introduction
- 1.1 Scope of the Study
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
- 2. Europe Electric DC Motors Market- Key Takeaways
- 3. Research Methodology
- 3.1 Coverage
- 3.2 Secondary Research
- 3.3 Primary Research
- 4. Europe Electric DC Motors Market Landscape
- 4.1 Market Overview
- 4.2 PEST Analysis
- 4.2.1 Europe - PEST Analysis
- 4.3 Ecosystem Analysis
- 4.4 Expert Opinion
- 4.5 Premium Insights
- 4.5.1 Brushless DC Motor in Automotive Application
- 4.5.2 Brushed DC Motor in Automotive Application
- 4.5.3 Prominent Players Operating in Brushed and Brushless DC Motor in Automotive Application
- 5. Europe Electric DC Motors Market - Key Industry Dynamics
- 5.1 Market Drivers
- 5.1.1 Increasing Demand for HVAC Systems
- 5.1.2 Rising Adoption of Brushless DC Motor
- 5.2 Market Restraints
- 5.2.1 Low-Quality and Inexpensive Electric DC Motors
- 5.3 Market Opportunities
- 5.3.1 Adoption of Brushless DC Motors in Manufacturing of Electric Vehicle
- 5.4 Future Trends
- 5.4.1 Growing Penetration of Industrial Automation
- 5.5 Impact Analysis of Drivers and Restraints
- 6. Europe Electric DC Motors- Country Market Analysis
- 6.1 Overview
- 6.2 Europe Electric DC Motors Market Forecast and Analysis
- 7. Europe Electric DC Motors Market Analysis - by Type
- 7.1 Overview
- 7.2 Europe Electric DC Motors Market, By Type (2020 and 2028)
- 7.3 Brushed DC Motor
- 7.3.1 Overview
- 7.3.2 Brushed DC Motor: Europe Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- 7.4 Brushless DC Motor
- 7.4.1 Overview
- 7.4.2 Brushless DC Motor: Europe Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- 8. Europe Electric DC Motors Market Analysis - by Speed
- 8.1 Overview
- 8.2 Europe Electric DC Motors Market, by Speed (2020 and 2028)
- 8.3 Low Speed (Less Than 1,000 rpm)
- 8.3.1 Overview
- 8.3.2 Low Speed : Europe Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- 8.4 Medium Speed (1,001 to 25,000 rpm)
- 8.4.1 Overview
- 8.4.2 Medium Speed: Europe Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- 8.5 High Speed (Above 25,000)
- 8.5.1 Overview
- 8.5.2 High Speed: Europe Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- 9. Europe Electric DC Motors Market Analysis - by Application
- 9.1 Overview
- 9.2 Europe Electric DC Motors Market, by Application (2020 and 2028)
- 9.3 Industrial Machinery
- 9.3.1 Overview
- 9.3.2 Industrial Machinery: Europe Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- 9.4 Automotive and Transportation
- 9.4.1 Overview
- 9.4.2 Automotive and Transportation: Europe Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- 9.5 HVAC Equipment
- 9.5.1 Overview
- 9.5.2 HVAC Equipment: Europe Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- 9.6 Aerospace and Defense
- 9.6.1 Overview
- 9.6.2 Aerospace and Defence: Europe Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- 9.7 Household Appliances
- 9.7.1 Overview
- 9.7.2 Household Appliances: Europe Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- 9.8 Others
- 9.8.1 Overview
- 9.8.2 Others: Europe Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- 10. Europe Electric DC Motors Market - Country Analysis
- 10.1 Overview
- 10.2 Europe: Europe Electric DC Motors Market
- 10.2.1 Europe: Europe Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- 10.2.2 Europe: Europe Electric DC Motors Market, By Type
- 10.2.3 Europe: Europe Electric DC Motors Market, by Speed
- 10.2.4 Europe: Europe Electric DC Motors Market, by Application
- 10.2.5 Europe: Europe Electric DC Motors Market, by Key Country
- 10.2.6 France: Europe Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- 10.2.6.1 France: Europe Electric DC Motors Market, By Type
- 10.2.6.2 France: Europe Electric DC Motors Market, by Speed
- 10.2.6.3 France: Europe Electric DC Motors Market, by Application
- 10.2.7 Germany: Europe Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- 10.2.7.1 Germany: Europe Electric DC Motors Market, By Type
- 10.2.7.2 Germany: Europe Electric DC Motors Market, by Speed
- 10.2.7.3 Germany: Europe Electric DC Motors Market, by Application
- 10.2.8 Italy: Europe Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- 10.2.8.1 Italy: Europe Electric DC Motors Market, By Type
- 10.2.8.2 Italy: Europe Electric DC Motors Market, by Speed
- 10.2.8.3 Italy: Europe Electric DC Motors Market, by Application
- 10.2.9 UK: Europe Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- 10.2.9.1 UK: Europe Electric DC Motors Market, By Type
- 10.2.9.2 UK: Europe Electric DC Motors Market, by Speed
- 10.2.9.3 UK: Europe Electric DC Motors Market, by Application
- 10.2.10 Russia: Europe Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- 10.2.10.1 Russia: Europe Electric DC Motors Market, By Type
- 10.2.10.2 Russia: Europe Electric DC Motors Market, by Speed
- 10.2.10.3 Russia: Europe Electric DC Motors Market, by Application
- 10.2.11 Rest of Europe: Europe Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- 10.2.11.1 Rest of Europe: Europe Electric DC Motors Market, By Type
- 10.2.11.2 Rest of Europe: Europe Electric DC Motors Market, by Speed
- 10.2.11.3 Rest of Europe: Europe Electric DC Motors Market, by Application
- 11. Industry Landscape
- 11.1 Overview
- 11.2 Market Initiative
- 11.3 New Product Development
- 12. Company Profiles
- 12.1 ABB Ltd
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
- 12.2 AMETEK Inc.
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
- 12.3 Yaskawa Electric Corporation
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
- 12.4 Johnson Electric Holdings Limited
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
- 12.5 Nidec Corporation
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
- 12.6 Siemens AG
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
- 12.7 Allied Motion Technologies Inc.
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
- 12.8 MinebeaMitsumi, Inc.
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
- 12.9 Maxon Motors AG
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments
- 12.10 Regal Rexnord Corporation
- 12.10.1 Key Facts
- 12.10.2 Business Description
- 12.10.3 Products and Services
- 12.10.4 Financial Overview
- 12.10.5 SWOT Analysis
- 12.10.6 Key Developments
- 13. Appendix
- 13.1 About The Insight Partners
- 13.2 Glossary
- List of Tables
- Table 1. Europe: Europe Electric DC Motors Market, By Type- Revenue and Forecast to 2028 (US$ Million)
- Table 2. Europe: Europe Electric DC Motors Market, by Speed - Revenue and Forecast to 2028 (US$ Million)
- Table 3. Europe: Europe Electric DC Motors Market, by Application - Revenue and Forecast to 2028 (US$ Million)
- Table 4. France: Europe Electric DC Motors Market, By Type- Revenue and Forecast to 2028 (US$ Million)
- Table 5. France: Europe Electric DC Motors Market, by Speed - Revenue and Forecast to 2028 (US$ Million)
- Table 6. France: Europe Electric DC Motors Market, by Application - Revenue and Forecast to 2028 (US$ Million)
- Table 7. Germany: Europe Electric DC Motors Market, By Type- Revenue and Forecast to 2028 (US$ Million)
- Table 8. Germany: Europe Electric DC Motors Market, by Speed - Revenue and Forecast to 2028 (US$ Million)
- Table 9. Germany: Europe Electric DC Motors Market, by Application - Revenue and Forecast to 2028 (US$ Million)
- Table 10. Italy: Europe Electric DC Motors Market, By Type- Revenue and Forecast to 2028 (US$ Million)
- Table 11. Italy: Europe Electric DC Motors Market, by Speed - Revenue and Forecast to 2028 (US$ Million)
- Table 12. Italy: Europe Electric DC Motors Market, by Application - Revenue and Forecast to 2028 (US$ Million)
- Table 13. UK: Europe Electric DC Motors Market, By Type- Revenue and Forecast to 2028 (US$ Million)
- Table 14. UK: Europe Electric DC Motors Market, by Speed - Revenue and Forecast to 2028 (US$ Million)
- Table 15. UK: Europe Electric DC Motors Market, by Application - Revenue and Forecast to 2028 (US$ Million)
- Table 16. Russia: Europe Electric DC Motors Market, By Type- Revenue and Forecast to 2028 (US$ Million)
- Table 17. Russia: Europe Electric DC Motors Market, by Speed - Revenue and Forecast to 2028 (US$ Million)
- Table 18. Russia: Europe Electric DC Motors Market, by Application - Revenue and Forecast to 2028 (US$ Million)
- Table 19. Rest of Europe: Europe Electric DC Motors Market, By Type- Revenue and Forecast to 2028 (US$ Million)
- Table 20. Rest of Europe: Europe Electric DC Motors Market, by Speed - Revenue and Forecast to 2028 (US$ Million)
- Table 21. Rest of Europe: Europe Electric DC Motors Market, by Application - Revenue and Forecast to 2028 (US$ Million)
- Table 22. Glossary of terms, Electric DC Motors market
- List of Figures
- Figure 1. Europe Electric DC Motors Market segmentation
- Figure 2. Europe Electric DC Motors Market Overview
- Figure 3. Brushless DC Motor Held the Highest Share in Europe Electric DC Motors Market in 2020
- Figure 4. Europe Electric DC Motors Market, by Country
- Figure 5. Europe - PEST Analysis
- Figure 6. Europe Electric DC Motors Market - Ecosystem Analysis
- Figure 7. Expert Opinion
- Figure 8. Europe Electric DC Motor Market: Impact Analysis of Drivers and Restraints
- Figure 9. Europe Electric DC Motors Market
- Figure 10. Europe Electric DC Motors Market Forecast and Analysis, (US$ Mn)
- Figure 11. Europe Electric DC Motors Market Revenue Share, by Type (2020 and 2028)
- Figure 12. Brushed DC Motor: Europe Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 13. Brushless DC Motor: Europe Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 14. Europe Electric DC Motors Market Revenue Share, by Speed (2020 and 2028)
- Figure 15. Low Speed : Europe Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 16. Medium Speed : Europe Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 17. High Speed: Europe Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 18. Europe Electric DC Motors Market Revenue Share, by Application (2020 and 2028)
- Figure 19. Industrial Machinery: Europe Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 20. Automotive and Transportation: Europe Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 21. HVAC Equipment: Europe Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 22. Aerospace and Defense: Europe Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 23. Household Appliances: Europe Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 24. Others: Europe Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 25. Europe Electric DC Motors Market Revenue Share, By Region (2021 & 2028)
- Figure 26. Europe: Europe Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 27. Europe: Europe Electric DC Motors Market Revenue Share, by Type (2020 & 2028)
- Figure 28. Europe: Europe Electric DC Motors Market Revenue Share, by Speed (2020 & 2028)
- Figure 29. Europe: Europe Electric DC Motors Market Revenue Share, by Application (2020 & 2028)
- Figure 30. Europe: Europe Electric DC Motors Market Revenue Share, by Key Country (2020 & 2028)
- Figure 31. France: Europe Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 32. Germany: Europe Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 33. Italy: Europe Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 34. UK: Europe Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 35. Russia: Europe Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 36. Rest of Europe: Europe Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
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