Market Overview:
The global PMDC motors market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for PMDC motors in industrial automation, medical device, aerospace & defense, and other applications. North America is expected to lead the global PMDC motors market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
A PMDC motor is a brushed DC electric motor that uses permanent magnets to create rotational motion. They are simple and inexpensive, making them popular for low-power applications.
12V-24V:
12V-24V is a range of voltage used in electric and hybrid vehicles. It is also used in PMDC (Permanent Magnet DC) motors which are widely used for industrial applications such as material handling, packaging, palletizing and loading & unloading among others. The growth factor that 12V-24V offers over the conventional 5 V or 3 V systems is that it can provide higher power to the motor without overheating or getting too hot to handle.
24V-48V:
The 24V-48V is a voltage range that can be found in power modules used for PMDC (Permanent Magnet DC) motors. These are high torque, electric motors that have the ability to deliver higher performance as compared to standard DC motors. The 24V-48V voltage range is commonly used by industrial robots and automated guided vehicles among others.
Application Insights:
The industrial automation segment dominated the global PMDC motors market in terms of revenue share in 2017. The segment is expected to witness significant growth over the forecast period owing to rising demand for electric drives from various industrial applications including material handling, machine tools, and robotics. Material handling application accounted for a major share in 2017 due to its high adoption rate across various industries such as mining, food & beverage, and chemical.
The medical device segment is also anticipated to witness considerable growth over the forecast period owing to increasing adoption of advanced technology products that offer enhanced performance and reliability at reduced costs. This has led PMDC motors manufacturers towards developing efficient product lines that meet diverse requirements with ease while maintaining profitability margins intact.
Regional Analysis:
Asia Pacific dominated the global PMDC motors market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing industrialization, rising investments in infrastructure development, and favorable government policies promoting manufacturing activities. China is one of the largest markets for these motors owing to its large-scale production of electric vehicles as well as other industrial applications such as material handling equipment.
Europe accounted for a significant share of global revenue in 2017 owing to high demand from end-use industries such as aerospace & defense, medical devices, and others. Countries including Germany are anticipated to drive regional growth on account of growing automotive industry coupled with stringent emission norms implemented by governments across Europe regionally affecting product demand negatively but eventually providing an opportunity for manufacturers focusing on cost optimization through process innovation & enhancement ultimately resulting in lower prices which would attract buyers over time thereby driving market growth further.
Growth Factors:
- Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 14% during the forecast period. This would lead to an increase in demand for PMDC motors, as they are used in electric vehicles.
- Rising industrialization and urbanization: The growth of the industrial and urban sectors is leading to an increase in the demand for PMDC motors, as they are used extensively in these sectors.
- Growing investments in renewable energy: There has been a significant rise in investments made in renewable energy sources such as solar and wind power, which is expected to drive the growth of the PMDC motors market during the forecast period.
- Technological advancements: With technological advancements taking place at a rapid pace, new applications of PMDC motors are being discovered which is likely to fuel their growth during the forecast period. 5) Emerging markets: A large number of emerging markets such as India and China offer immense potential for growth of the PMDC Motors market due to their burgeoning economies and rising population
Scope Of The Report
Report Attributes
Report Details
Report Title
PMDC Motors Market Research Report
By Type
12V-24V, 24V-48V, Other
By Application
Industrial Automation, Medical Device, Aerospace & Defense, Other
By Companies
Kollmorgen, Moog, Maxon Motor, BEI Kimco, Woodward, Shinano Kenshi, Johnson Electric, Portescap, Skurka Aerospace, Servotecnica, Mclennan, Aerotech, ARC Systems
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global PMDC Motors Market Report Segments:
The global PMDC Motors market is segmented on the basis of:
Types
12V-24V, 24V-48V, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial Automation, Medical Device, Aerospace & Defense, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Kollmorgen
- Moog
- Maxon Motor
- BEI Kimco
- Woodward
- Shinano Kenshi
- Johnson Electric
- Portescap
- Skurka Aerospace
- Servotecnica
- Mclennan
- Aerotech
- ARC Systems
Highlights of The PMDC Motors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 12V-24V
- 24V-48V
- Other
- By Application:
- Industrial Automation
- Medical Device
- Aerospace & Defense
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the PMDC Motors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
PMDC Motors is a company that manufactures electric vehicles.
Some of the major players in the pmdc motors market are Kollmorgen, Moog, Maxon Motor, BEI Kimco, Woodward, Shinano Kenshi, Johnson Electric, Portescap, Skurka Aerospace, Servotecnica, Mclennan, Aerotech, ARC Systems.
The pmdc motors market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. PMDC Motors Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. PMDC Motors Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. PMDC Motors Market - Supply Chain
4.5. Global PMDC Motors Market Forecast
4.5.1. PMDC Motors Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. PMDC Motors Market Size (000 Units) and Y-o-Y Growth
4.5.3. PMDC Motors Market Absolute $ Opportunity
5. Global PMDC Motors Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. PMDC Motors Market Size and Volume Forecast by Type
5.3.1. 12V-24V
5.3.2. 24V-48V
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global PMDC Motors Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. PMDC Motors Market Size and Volume Forecast by Application
6.3.1. Industrial Automation
6.3.2. Medical Device
6.3.3. Aerospace & Defense
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global PMDC Motors Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. PMDC Motors Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global PMDC Motors Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. PMDC Motors Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global PMDC Motors Demand Share Forecast, 2019-2026
9. North America PMDC Motors Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America PMDC Motors Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America PMDC Motors Market Size and Volume Forecast by Application
9.4.1. Industrial Automation
9.4.2. Medical Device
9.4.3. Aerospace & Defense
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America PMDC Motors Market Size and Volume Forecast by Type
9.7.1. 12V-24V
9.7.2. 24V-48V
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America PMDC Motors Demand Share Forecast, 2019-2026
10. Latin America PMDC Motors Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America PMDC Motors Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America PMDC Motors Market Size and Volume Forecast by Application
10.4.1. Industrial Automation
10.4.2. Medical Device
10.4.3. Aerospace & Defense
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America PMDC Motors Market Size and Volume Forecast by Type
10.7.1. 12V-24V
10.7.2. 24V-48V
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America PMDC Motors Demand Share Forecast, 2019-2026
11. Europe PMDC Motors Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe PMDC Motors Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe PMDC Motors Market Size and Volume Forecast by Application
11.4.1. Industrial Automation
11.4.2. Medical Device
11.4.3. Aerospace & Defense
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe PMDC Motors Market Size and Volume Forecast by Type
11.7.1. 12V-24V
11.7.2. 24V-48V
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe PMDC Motors Demand Share, 2019-2026
12. Asia Pacific PMDC Motors Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific PMDC Motors Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific PMDC Motors Market Size and Volume Forecast by Application
12.4.1. Industrial Automation
12.4.2. Medical Device
12.4.3. Aerospace & Defense
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific PMDC Motors Market Size and Volume Forecast by Type
12.7.1. 12V-24V
12.7.2. 24V-48V
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific PMDC Motors Demand Share, 2019-2026
13. Middle East & Africa PMDC Motors Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa PMDC Motors Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa PMDC Motors Market Size and Volume Forecast by Application
13.4.1. Industrial Automation
13.4.2. Medical Device
13.4.3. Aerospace & Defense
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa PMDC Motors Market Size and Volume Forecast by Type
13.7.1. 12V-24V
13.7.2. 24V-48V
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa PMDC Motors Demand Share, 2019-2026
14. Competition Landscape
14.1. Global PMDC Motors Market: Market Share Analysis
14.2. PMDC Motors Distributors and Customers
14.3. PMDC Motors Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Kollmorgen
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Moog
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Maxon Motor
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. BEI Kimco
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Woodward
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Shinano Kenshi
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Johnson Electric
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Portescap
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Skurka Aerospace
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Servotecnica
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Mclennan
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Aerotech
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. ARC Systems
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
