BRUSHLESS DC MOTORS MARKET ANALYSIS
Brushless DC Motors Market Regional Insights:
Asia Pacific held the large brushless DC motors market share due to rising production of electric cars and increasing demand for consumer electronics. According to the international energy agency, in 2016, China held the largest market share in the electric cars market, accounting for over 40% of the global electric cars sold in China.
The market in North American is expected to witness fastest growth due to growing demand for extremely sophisticated medical devices. For example, the development of positive airway pressure (PAP) breathing apparatus for the treatment of sleep apnea. This device which helps patients in breathing also employs brushless DC motor to power the blower fan. According to the Department of Commerce, the U.S holds the largest medical device market, which contributed around US$ 140 billion in 2015.
Geographies Covered:
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