The analysts forecast global DC motors market to grow at a CAGR of 12.74% during the period 2016-2020. 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:
- DC motors of O/P less than 750 W
- DC motors of O/P between 750 W and 75kW
- DC motors of O/P between 75 kW and 375 kW
- DC motors of O/P greater than 375 kW
The following companies are 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.
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According to the DC motors market 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.
The global DC motors market 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.
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Global DC Motors Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this 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.
Further, the report states that one challenge that could restrict market growth is the need for high maintenance.
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