Brushless DC Motor Market Is Predicted To Grow At A CAGR 6.5% Through Forecast Period 2019 To 2025 : Grand View Research Inc.
San Francisco, 20 March 2019: The Report Brushless DC Motor Market Size, Share, & Trends Analysis Report, By Voltage (0 - 750 watt, 750 watt - 3kW, 3kW - 75 kW, 75kW and above), By End Use (Industrial Machinery, Motor Vehicles), And Segment Forecasts, 2019 – 2025 The global Brushless DC Motor Market size is expected to reach USD 23.82 billion by 2025, registering a CAGR of 6.5% over the forecast period, according to a study conducted by Grand View Research, Inc. These motors are thermally resistant, require low maintenance, and operate at low temperatures, eliminating any threat of sparks. Low maintenance and operational costs and rising adoption of Electric Vehicles (EVs) are some of the key factors driving the market. The emergence of sensor-less controls for brushless DC type is likely to help enhance the product durability and reliability, thereby reducing the number of mechanical misalignment, electrical connections, as well as the product weight and size. These factors