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Brushless DC Motors market insights shared in detailed report by Credenceresearch.com

Global BLDC market was valued at US$ 25.6 Bn in 2017 and is expected to grow at a CAGR of 7.2% through the forecast period from 2018 to 2026

The purpose of the report is to illustrate the state of the market of Brushless DC Motors, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.

The global market for DC brushless motors is also expected to be benefitted from the replacement of existing DC motors and induction motors with the state-of-the-art DC brushless motors. The declining price of DC brushless motors is influencing the end-users to increasingly employ DC brushless motors. Although, high initial purchase cost, DC brushless motors are more cost effective in long term due to low operating and maintenance costs on account of the absence of brushes coupled with greater efficiency are progressively seen as justifying the higher purchase cost of these motors.

Asia Pacific is the largest as well as fastest growing regional market for DC brushless motors with increasing industrialization and growing construction section in emerging countries including India, China and Southeast Asian countries. North America and Europe are expected to witness below average growth due to inconsistent economic growth in these regions. The replacement of obsolete DC motors by the advanced energy efficient brushless motors is expected to keep demand afloat in these conventional markets.

Browse here for full report with Toc: https://www.credenceresearch.com/report/brushless-dc-motors-market

Why was the report written?

This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Brushless DC Motors buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.

[The report is originally published on Credence Research Inc.]

What is the current market landscape and what is changing?

Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.

The report on the market of Brushless DC Motors contains:

Analysis and forecast of Brushless DC Motors market dynamics;

Analysis of domestic production, market shares of the main market players;

Analysis of exports and imports;

Analysis of factors, leading the development of the Brushless DC Motors market;

Assessment and forecast of Brushless DC Motors market development;

Financial and business profiles of the leading companies in the Brushless DC Motors industry.

Scope

– Up to date working Brushless DC Motors data by major regions in the world, the forecast of planned capacity additions by 2026

– The annual breakdown of capital expenditure spending on proposed Brushless DC Motors for the period 2018 to 2026

– Planned Brushless DC Motors additions and capital expenditure spending by key countries and companies across the world

– Planned capital expenditure spending on new Brushless DC Motors projects by region, key countries, and companies

– Details of major planned Brushless DC Motors projects in the world up to 2026

Browse here for full report with Toc: https://www.credenceresearch.com/report/brushless-dc-motors-market

Also you can request us for sample in pdf with more details and graph: https://www.credenceresearch.com/sample-request/58315

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