Discover the Benefits of BLDC Motors for Your Products

Focuses on BLDC motors, analyzes their market size, growth rate, and application scenarios in multiple fields, and points out that this market segment has great potential for future development.

1. Market Size and Growth Rate: The development history of BLDC motors is about 50 years, which is relatively short compared to the over 200 - year history of motors. With the development of semiconductor technology, their cost has decreased, and the growth rate is higher than that of the overall motor market. In 2019, the market size was approximately $16.3 billion, and it is expected to reach $22.44 billion by 2024, with an annual compound growth rate of about 6.5%.

2. Application Fields ◦

Automotive Market: The automotive industry is clearly moving towards electrification. With the rise of new energy vehicles, many systems and devices in cars use a large number of motors. The number of motors equipped in different types of cars varies greatly, and new energy vehicles have a greater demand. The world is actively promoting the development of new energy vehicles. Although the growth rate of the domestic market has fluctuated after the subsidy phase - out, with the launch of new models, it is expected to enter a new period of rapid growth. ◦

5G Base Stations: 2020 was a crucial year for China's 5G construction. Despite the impact of the epidemic, the construction goals remained unchanged. Motors are required in both the antenna and cooling systems of 5G base stations, such as control motors, cooling fans, and air - conditioning compressors. Moreover, the number of 5G base stations and antennas will further increase. ◦

Drones/Underwater Drones: Many drones are converting to brushless motors. The global drone market is growing rapidly, with the fastest growth in Asia and North America. During the epidemic, drones played an important role in many aspects, and both domestic and foreign countries are promoting the use of drones for logistics and delivery. Underwater drones are also starting to gain momentum. ◦

Electric Bicycles/Electric Vehicles: Electric assist bicycles are between traditional bicycles and electric vehicles, providing intelligent auxiliary power. The European and Japanese markets have strong demand, while the domestic market is in its infancy but has great potential.

Many companies have started to promote such products. Motors are the core components of electric assist bicycles, accounting for 10% - 30% of the cost, and require customized development. ◦

Industrial Robots: China is the world's largest market for industrial robot applications, but most well - known manufacturers are concentrated in developed countries. The production and sales volume of domestic industrial robots are growing rapidly, and the localization rate is constantly increasing, with a broad market substitution space. ◦

Fans: Fans cover a variety of products. The production volume of household fans is large, and mainstream domestic small - appliance manufacturers have products using brushless motors. Equipment cooling fans, freezer cooling fans, etc. are also converting to BLDC motors. However, due to cost factors, the conversion rate of brushless motors in range hoods is relatively low.

New air fans, air purifiers, etc. mostly adopt brushless motor solutions. ◦

Compressors: Variable - frequency refrigerator compressors mostly use BLDC motors, which can better maintain the temperature inside the refrigerator, improve the fresh - keeping effect, and have high efficiency, low noise, and long service life. The domestic production volume of refrigerators and air conditioners is large, and variable - frequency air conditioners have become a trend.

Domestic manufacturers have developed rapidly in this field. ◦

Power Tools: Power tools are widely used, and the demand is increasing year by year. The trend towards brushless is obvious. Some domestic power tools have achieved brushless, and other types are also in the process of conversion. There are many power tool manufacturers concentrated in the Jiangsu - Zhejiang area.

As the cost of brushless motor control solutions decreases, price wars have been triggered. ◦

Pumps: The pump industry is traditional, and there are various solutions.

From a technical perspective, brushless motors have advantages in pump applications. The heating renovation in northern China provides an opportunity for technological innovation in the pump industry. ◦

Personal Health Care: The Dyson hair dryer has driven the development of the hair dryer market. Domestic hair dryer solutions have multiple directions, with an emphasis on patent avoidance and innovation.

The shipment volume of fascia guns is growing rapidly. The price of the BLDC motor control drive board for fascia guns has decreased, driving down the product price.

There is also a trend towards the conversion to brushless motors in shavers, beauty devices, etc.   3. Conclusion: BLDC motors are in the initial stage of development and are widely used. In addition to the above - mentioned fields, they are also applied in products such as service robots and robotic vacuum cleaners. There are more applications to be explored in the future.