United States DC Motor Market Size (2024 - 2029)

United States DC Motor Market Analysis

The United States DC Motor Market size is estimated at USD 110.20 million in 2024, and is expected to decline to USD 101.70 million by 2029.

The need for energy-efficient DC motors has become more urgent because of growing industrialization in the United States. Energy-efficient DC motors can improve efficiency and lower energy loss, resulting in significant cost savings throughout their lifetime. Consequently, demand for energy-efficient motors is still coming from some sectors, such as industry, agriculture, construction, and transport, which is propelling the market.

• A favorable market environment for energy-efficient motors is fostered by increasing industrialization and efforts toward decarbonization. Given the rising number of industrial sectors adopting energy efficiency practices in the United States and increasing their commitment to decarbonization, continued market growth is expected. With this situation, companies active in the energy-efficient DC motor industry will have a significant opportunity to expand their activities while contributing to a more sustainable future in the country.
• The IEA reports that electric motor-driven systems account for 53% of global electricity consumption. The IEC has played a pivotal role in defining energy-efficient electric motor systems. This effort is exemplified by the globally recognized test standard IEC 60034-2-1 for electric motors and the IEC 60034-30-1 classification, which delineates four levels of motor efficiency. Notably, the United States led the charge by becoming the first nation to establish MEPS (Minimum Energy Performance Standards) for motors.
• In addition, in June 2023, the Department of Energy (DOE) released a direct final rule in the Federal Register, focusing on energy conservation standards specifically for motors. The DOE, through this rule, introduced and revised standards for electric motors. Their evaluation concluded that these updated standards promise substantial energy conservation and are both technologically viable and economically sound. Furthermore, the government is actively involved in dissemination initiatives and providing education to raise awareness of the advantages of energy-efficient DC motors and how they can be seamlessly integrated into different industries.
• However, the growth of the market for DC motors is slowing down due to higher installation costs. The initial price of DC motors is higher than that of conventional ones, which makes it difficult for some customers to choose specific DC motors. Different raw materials are used to produce these DC motors, including copper, steel, aluminum, and rare Earth magnets. The cost of those raw materials may fluctuate owing to dips in supply and demand, which can affect the total motor costs.
• In addition, DC motors, due to their brushes and commutators, demand more frequent maintenance, elevating operational expenses. Conversely, alternative technologies, lauded for their reliability and reduced maintenance, are now the favored option in manufacturing. This shift has notably dampened the sales of DC motors in diverse industrial applications.

United States DC Motor Industry Segmentation

An electrical motor using direct current to generate mechanical power is known as a DC motor. In most DC motors, there is an internal mechanism for adjusting the flow direction at a part of the motor every few times, either electronically or mechanically. A variable supply voltage and changing the current's strength in its field winding can control the DC motor's speed over a wide range. Small DC motors are widely used for tools, toys, and appliances. The study tracks the revenue from sales of various direct current (DC) motors. A breakdown of the market estimates by various types of DC motors and end-user industries is included in the study.

The US DC motors market is segmented by type of motor (permanent magnet, separately excited, self-excited [shunt, series, compound]) and by end-user industry (oil and gas, chemical and petrochemical, power generation, water and wastewater, metal and mining, food and beverage, discrete industries, and other end-user industries). The report offers market forecasts and sizes in value (USD) for all the above segments.