As per a detailed analysis by Market Research Future (MRFR), the global brushless DC (BLDC) motors market is anticipated to garner a CAGR of 9.50% during the forecast period (2018-2023). Also acknowledged as electronically commutated motors, brushless DC motors are synchronous motors which are powered by a DC electric source. Brushless DC motor works on the simple force interaction between the electromagnet and permanent magnet, and the communication is controlled electronically. Market Potential and Pitfalls The brushless DC motors market have witnessed a tectonic surge over the past few years as it offers several advantages over other motors. Unlike brushed DC motors, brushless DC motors require less maintenance, which triggers its demand across the globe. Compared to other motors, brushless DC motors operate effectively at all speeds and offer a higher range of speed, reduced size with superior thermal attributes, and lower electric noise generation.