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Global Frameless Brushless DC Motor Market Research

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According to QYResearch, the global frameless brushless DC motor market is estimated to be valued at almost US$ 207 M USD in 2017 and is expected to r

Global Frameless Brushless DC Motor market is expected to reach a value of about US$ 246 M USD by 2022According to QYResearch, the global frameless brushless DC motor market is estimated to be valued at almost US$ 207 M USD in 2017 and is expected to reach a value of about US$ 246 M USD by 2022 at a CAGR of 3.8% over the 2017-2022 period. Publisher: QYResearchPublished Date: 2018/7/13According to QYResearch, the global frameless brushless DC motor market is estimated to be valued at almost US$ 207 M USD in 2017 and is expected to reach a value of about US$ 246 M USD by 2022 at a CAGR of 3.8% over the 2017-2022 period. This significant growth is likely to be influenced by several key trends expected to emerge in the global frameless brushless DC motor market in the coming years.The light weight of frameless brushless DC motors adds more value to their use and adoption. This is one of the aspects driving the global market. Another trend observed in this market is that many companies are focusing on higher efficiency and low energy consumption, which is possible with the help of frameless brushless DC motors. Moreover, the increasing use of robots owing to increased automation requires these motors, accelerating their use even further. The attractiveness of these motors can be credited to their longer life cycle and high efficiency due to less weight.The global average price of Frameless Brushless DC Motors is stable from 2012 to 2016. With the situation of global economy, prices will be in slowly decreasing trend in the following five years.Frameless Brushless DC Motors is widely used in industrial Automation, medical Device and aerospace & defense. Industrial Automation is the largest application area with market share about 46%.North America is the largest consumption region of Frameless Brushless DC Motors, with a consumption market share nearly 40% in 2016. Europe is the second largest consumption region of Frameless Brushless DC Motors, enjoying consumption market share nearly 33% in 2017. Asia Pacific (APAC) region seems to have good growth potential in the coming years. This growth can be attributed to the increasing demand in China, Japan and India.Market competition is not intense. Kollmorgen, Moog, Maxon Motor, BEI Kimco, Woodward and Shinano Kenshi are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.This article was first released by QYResearch, if reproduced, please indicate the source.

https://www.qyresearch.com/index/detail/223544/global-frameless-brushless-dc-motors-market

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