Middle East & Africa Brushless Dc Motor Market Size & Outlook
Middle East & Africa brushless dc motor market, 2017-2030 (US$M)
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MEA brushless dc motor market highlights
- The MEA brushless dc motor market generated a revenue of USD 972.0 million in 2023.
- The market is expected to grow at a CAGR of 2.7% from 2024 to 2030.
- In terms of segment, less than 750 watts was the largest revenue generating power output in 2023.
- Less than 750 Watts is the most lucrative power output segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 972.0 million |
| Market revenue in 2030 | USD 1,171.8 million |
| Growth rate | 2.7% (CAGR from 2023 to 2030) |
| Largest segment | Less than 750 watts |
| Fastest growing segment | Less than 750 Watts |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Less than 750 Watts, 750 Watts to 2.99 kW, 3 kW – 75 kW, Above 75 kW |
| Key market players worldwide | ABB Ltd, AMETEK Inc, Johnson Controls International PLC, Nidec Corp, Allied Motion Technologies, WorldWide Electric Corporation, Schneider Electric SE, Regal Rexnord Corp, Siemens AG, MinebeaMitsumi, Oriental Motor USA, TECO Electric & Machinery Co. Ltd. |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.9% of the global brushless dc motor market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 16,817.5 million by 2030.
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Brushless DC Motor Market Scope
Brushless DC Motor Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa brushless dc motor market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to brushless dc motor market will help companies and investors design strategic landscapes.
Less than 750 watts was the largest segment with a revenue share of 49.25% in 2023. Horizon Databook has segmented the Middle East & Africa brushless dc motor market based on less than 750 watts, 750 watts to 2.99 kw, 3 kw – 75 kw, above 75 kw covering the revenue growth of each sub-segment from 2017 to 2030.
- Middle East & Africa Brushless DC Motor Power Output Outlook (Revenue, USD Million, 2017-2030)
- Less than 750 Watts
- 750 Watts to 2.99 kW
- 3 kW – 75 kW
- Above 75 kW
- Middle East & Africa Brushless DC Motor End-Use Outlook (Revenue, USD Million, 2017-2030)
- Industrial Machinery
- Motor Vehicles
- HVAC Equipment
- Aerospace & Transportation
- Household Appliances
- Others
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa brushless dc motor market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa brushless dc motor market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa brushless dc motor market
Middle East & Africa Brushless DC Motor Market Outlook Share, 2023 & 2030 (US$M)
Middle East & Africa brushless dc motor market
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