North America Electric DC Motor Market

The North America electric DC motor market is expected to reach US$ 6,355.1 million by 2028 from US$ 3,784.5 million in 2021. The market is estimated to grow at a CAGR of 7.7% from 2021 to 2028.

Heating, ventilation, and air conditioning (HVAC) systems maintain interior air quality and provide thermal comfort. According to the US Department of Energy, the demand for HVAC equipment in 2020 was 10% higher than in 2019. They are a crucial aspect of modern infrastructure, especially in large office buildings and commercial malls. Electric DC motors are often used in HVAC systems to extend their life, power, and airflow efficiency.  These factors are propelling the requirement for HVAC systems across the region, thereby driving the demand for electric DC motors.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America electric DC motor market. The North America electric DC motor market is expected to grow at a good CAGR during the forecast period.

North America Electric DC Motor Market Revenue and Forecast to 2028 (US$ Million)

North America Electric DC Motor Market Segmentation

By Type

• Brushed DC Motors
• Brushless DC Motors

By Speed

•  Low
• Medium
• High 

By Application

•  Industrial Machinery
• Automotive and Transportation
• HVAC Equipment
•  Aerospace & Defense
• Household Appliances
• Others

By Country

• • US
  • Canada
  • Mexico

Companies Mentioned

• ABB Ltd             
• AMETEK Inc.           
• Yaskawa Electric Corporation
• Johnson Electric Holdings Limited                       
• Nidec Corporation      
• Siemens AG       
• Allied Motion Technologies Inc.
• MinebeaMitsumi, Inc.  
• Maxon Motors AG
• Regal Rexnord Corporation 

North America Electric DC Motor Strategic Insights

Strategic insights for the North America Electric DC Motor provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

North America Electric DC Motor Report Scope

North America Electric DC Motor Regional Insights

The geographic scope of the North America Electric DC Motor refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.