Electronically Commutated Motors [<5HP] Market 2024 Sales Revenue, Grow Pricing and Industry Growth Analysis

An electronically commutated (EC) motor, although is designed to work on alternating current, shows a close resemblance to a direct current motor. The electronics that are added to a motor consolidate the most useful features from both AC and DC motors. It improves the working and categorizes EC motor differently. The (<5HP) segment of EC motors is the most used in different industries due to its various industrial demands for diverse purposes.

In recent years, there has been a rise in the usage of electronically commutated motors in several applications of various industries such as automotive, packaging, material handling, industrial machine, etc. Advancement and development of the electronically commutated motors (<5HP) market over the years have led to electrical efficiency and dexterity to process more controlled and explicit operation of motors, resulting in an increased consumer comfort. These factors are expected to drive the electronically commutated motors (<5HP) market during the forecast period.

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Demand for Energy-saving Solutions Influencing Growth of Electronically Commutated  Motors (<5HP) Market

Manufacturers in the electronically commutated motors (<5HP) market are designing energy-efficient motors and fans for EC motors, whereas the previous models consumed a lot of electricity for working. Demanding applications such as EC drives, a less energy-consuming solution, are fulfilling the needs of various end users, resulting in strong business holds in several developed countries.

Manufacturers in the electronically commutated motors (<5HP) market are increasing their production capabilities due to the increasing demand from refrigeration manufacturers. The energy efficiency of <5HP EC motors is motivating manufacturers to focus on high-efficiency product development. The market landscape is currently witnessing a rise in the sales of EC motors, thus fueling the growth of the electronically commutated motors (<5HP) market in the near future.

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Need for Energy, Cost-efficient Products Fueling Demand for EC Motors

Electronically commutated fans are succeeding existing fans in various electronic businesses due to their controllability, performance, and cost-saving aspects. The EC fans have replaced AC motors as the principal air driving force in air conditioning applications, which require constant power. Moreover, for environmental enthusiasts, EC motor-controlled fans emit less carbon dioxide (CO2), which, in turn, can prove beneficial for the global electronically commutated motors (<5HP) market.

The global electronically commutated motors (<5HP) market is expected to reach the value of US$ 7.9 Bn by 2031, at a CAGR of ~6% during the forecast period. This is due to several opportunities including increasing need for electric vehicles, environmental interests, rising consumer expenditure, and growing business opportunities in developing countries. However, it has grown essential for equipment manufacturers in the electronically commutated motors (<5HP) market to comply with the Ecodesign regulations and production directives to improve the availability of energy-efficient devices.