Under the Sustainable Development Goals of the United Nations, increasing energy efficiency, especially for factories, is one such initiative that estimates spending on energy efficiency will cross over $6.2T by 2030 and $16.7T by 2040.
Manufacturers across the industrial and automotive sectors are rapidly migrating to brushless DC motors (BLDCs) for precisely controlled motor operation, improved performance, and less wear when compared with conventional motors.
By 2025, growing at a CAGR of 25.2% from 2020 and the value of the ECU or DCU would contribute to over 35% of the value.