Brushless DC Motor Market Size, Share & Trends Analysis Report
The global brushless DC motor market size was valued at USD 17.1 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 5.7% from 2021 to 2028. The ability of Brushless DC (BLDC) motors to save energy and increase the operational efficiency of equipment in which they are used is expected to drive the growth of the market over the forecast period.
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