With the improvement of global industrial automation, intelligence and people's living standards, motors will be more and more widely used in the fields of automobiles, household appliances, electronic audio and video, information processing equipment, and industrial automation. According to statistics, the average number of motors owned by each family in developed countries is 80 to 130, while the average number of motors owned by a large urban family in my country is between 20 and 40, which is still far below the average level of developed countries. Therefore, , the domestic motor industry still has a lot of room for development. Compared with the motor's history of more than 200 years, the BLDC motor is actually relatively young, with a history of more than 50 years since its development. However, with the development of semiconductor technology and the popularization of MCU and drive components, the overall cost of BLDC motors has been greatly reduced. Therefore, BLDC motors have been developed in recent years, and their overall growth rate is also higher than that of motors.
It is estimated that the compound annual growth rate of BLDC motors will be around 6.5% in the next few years. According to statistics, the market size of BLDC in 2019 is about 16.3 billion US dollars, and it is expected to reach about 22.44 billion US dollars by 2024.
