According to our (Global Info Research) latest study, the global Motor Driver IC market size was valued at USD 4816.3 million in 2022 and is forecast to a readjusted size of USD 6744.8 million by 2029 with a CAGR of 4.9% during review period.
Motor Driver ICs are current amplifiers and are an essential component of motor interfacing. The motor driver integrated circuit chip acts as the interface between a microprocessor or microcontroller, and a motor. As microprocessors tend to operate at lower currents, and motors at higher, motor driver ICs are needed to supply current to the motor as needed. As different motors have different signal requirements, a motor driver IC is usually specific to a motor type. it offers motor drivers for brushless DC motors (BLDC,) brushed DC motors, and stepper motors.
Global motor driver IC key players include Texas Instruments, STMicroelectronics, ON Semiconductor, etc. The top three manufacturers hold a share about 31%. The global motor driver IC are mainly produced in United States and Europe, they occupied for a share over 40%. Asia-Pacific is the largest market, with a share about 46%, followed by North America and Europe with the share about 24% and 22%.
The Global Info Research report includes an overview of the development of the Motor Driver IC industry chain, the market status of Consumer Electronics (Brushed DC Motor Driver IC, Brushless DC Motor Driver IC), Power Tools (Brushed DC Motor Driver IC, Brushless DC Motor Driver IC), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Motor Driver IC.
Regionally, the report analyzes the Motor Driver IC markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Motor Driver IC market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Motor Driver IC market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Motor Driver IC industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (B Units), revenue generated, and market share of different by Type (e.g., Brushed DC Motor Driver IC, Brushless DC Motor Driver IC).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Motor Driver IC market.
Regional Analysis: The report involves examining the Motor Driver IC market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Motor Driver IC market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Motor Driver IC:
Company Analysis: Report covers individual Motor Driver IC manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Motor Driver IC This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Consumer Electronics, Power Tools).
Technology Analysis: Report covers specific technologies relevant to Motor Driver IC. It assesses the current state, advancements, and potential future developments in Motor Driver IC areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Motor Driver IC market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Motor Driver IC market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Brushed DC Motor Driver IC
Brushless DC Motor Driver IC
Stepping Motor Driver IC
Market segment by Application
Consumer Electronics
Power Tools
Office Equipment
IT and Communication Equipment
Automotive
Other
Major players covered
Texas Instruments
STMicroelectronics
Onsemi
Infineon Technologies
ROHM Semiconductor
Allegro MicroSystems
Toshiba
Panasonic
NXP Semiconductors
Maxim Integrated
Trinamic
Microchip Technology
MPS
Diodes Incorporated
Melexis
New Japan Radio
FM
Fortior Tech
Renesas Electronics
H&M Semiconductor
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Motor Driver IC product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Motor Driver IC, with price, sales, revenue and global market share of Motor Driver IC from 2018 to 2023.
Chapter 3, the Motor Driver IC competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Motor Driver IC breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Motor Driver IC market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Motor Driver IC.
Chapter 14 and 15, to describe Motor Driver IC sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Motor Driver IC. Industry analysis & Market Report on Motor Driver IC is a syndicated market report, published as Global Motor Driver IC Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Motor Driver IC market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.