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The brushed DC motors market size is forecast to increase by USD 7.31 billion at a CAGR of 10.03% between 2023 and 2028. The market is driven by several factors, including the low cost of brushed DC motors compared to brushless DC motors. This cost advantage makes them an attractive option for various applications in consumer electronics, power tool solutions, conveyor systems, pumps, and compressors. Additionally, the integration of variable speed drives and wireless chips for controlling these motors has enhanced their functionality and efficiency. However, the market faces challenges from the growing preference for brushless DC motors due to their longer lifespan, higher efficiency, and lower maintenance requirements. Despite these challenges, the market continues to witness significant demand, particularly in manufacturing equipment applications where cost remains a critical factor. Manufacturing plants rely on these motors for their affordability and reliability, making the market a dynamic and evolving landscape for industry participants.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Power Rating
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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