Global Motor Driver IC Market Forecast to 2028

DUBLIN, April 4, 2022 /PRNewswire/ — The “Motor Driver ICs Market Forecast to 2028 – Impact of COVID-19 and Global Analysis by Motor Type (Brushed DC Motor, Brushless DC Motor and Stepper Motor), semi -conductor (gallium nitrate (GaN) and silicon carbide (SiC)) and application” report has been added to from ResearchAndMarkets.com offer.

The global motor driver IC market is expected to grow from US$3,882.57 million in 2021 for US$5,589.33 million by 2028; it is estimated to grow at a CAGR of 5.3% from 2021 to 2028.

The adoption of electric vehicles is growing worldwide and sales of electric and hybrid vehicles will increase significantly over the projected period. This growth can be attributed to strict emission limits and increased battery density. ADAS capabilities, previously only available in high-end luxury automobiles, are now available in entry-level models.

In addition, all newly produced automobiles in the United States will be equipped with an automatic braking system, a lane departure warning system and a parking assistance system from 2020. In this Regarding the future scope of motor driver ICs in automotive, many industrial manufacturers have jumped into the market. The companies offer an exclusive line of motor drivers for the automotive industry. For example, ST offers a wide range of motor driver ICs well suited for the harshest automotive environments, covering the needs of brushed DC motors, stepper motors and brushless DC motors over a wide range of voltages. and nominal currents. As a result, the motor driver IC market will have many opportunities as the demand for electric and autonomous vehicles increases.

Additionally, semiconductor companies are pressuring electric vehicle makers to ditch standard silicon chips in favor of materials that can improve vehicle efficiency while alleviating customer concerns. Choosing the right technology has never been more important than now, as the automotive industry faces its biggest change in nearly a century. Manufacturers around the world are racing to phase out internal combustion engines, and even gas-powered icons like Ford’s Mustang and GMC’s Hummer are getting battery-powered versions. Therefore, due to this change, the automotive industry is likely to be the market of choice for manufacturers of motor control ICs.

The COVID-19 pandemic has impacted the Motor Driver Integrated Circuits business, resulting in numerous plant closures, supply chain issues and international trade barriers. Several automakers reduced their manufacturing capacity in early 2020 due to the growing shortage of semiconductors and reduced market potential for motor driver ICs. However, the motor driver IC market gained momentum in the third quarter of 2020 owing to the ease of lockdown measures across the globe, which led the market to witness positive results at the end of 2020.

Toshiba Corporation; Mitsubishi Electric Corporation; Texas Instrument; Allegro Microsystems; Dialog Semiconductor Plc; STMicroelectronics; ON Semiconductor; Rohm Co., Ltd. ; Infineon Technologies AG; and Analog Devices are a few key companies operating in the motor driver IC market. The report includes secondary research work on other companies that hold a significant market share.

Reasons to buy

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Motor Driver IC Market.
  • Highlights key business priorities to help companies realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Global Motor Driver ICs Market, thereby allowing players across the value chain to develop effective long term strategies.
  • Develop/modify business expansion plans using substantial growth offering in both developed and emerging markets.
  • Dig deep into the global market trends and outlook associated with the factors driving the market, as well as those hindering it.
  • Improve the decision-making process by understanding the strategies that drive business interest with respect to customer products, segmentation, pricing, and distribution.

Main topics covered:

1. Introduction

2. Main Takeaways

3. Research methodology

4. Motor Driver ICs Market Landscape
4.1 Market Overview
4.2 PEST analysis
4.2.1 Pest Analysis in North America
4.2.2 Europe – PEST analysis
4.2.3 Asia Pacific PEST Analysis
4.2.4 Middle East & Africa PEST Analysis
4.2.5 South America PEST Analysis
4.3 Ecosystem analysis
4.4 Expert advice

5. Motor Driver ICs Market – Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Growing Production of Consumer Electronics
5.1.2 Increasing Adoption of Internet of Things (IoT) in Industries
5.2 Major Market Constraints
5.2.1 Accuracy over the high current range
5.3 Key Market Opportunities
5.3.1 Growth of Automotive Industry and Rising Adoption of Electric Vehicles
5.4 Future trends
5.4.1 Emergence of GaN ICs
5.5 Impact analysis of drivers and constraints

6. Motor Driver ICs Market – Global Analysis
6.1 Global Motor Driver ICs Market Overview
6.2 Motor Driver ICs Market – Global Revenue and Forecast to 2028 (USD Million)
6.3 Market Positioning – Five Key Players

7. Motor Driver ICs Market Analysis – By Motor Type
7.1 Overview
7.2 Motor Driver ICs Market, By Motor Type (2020 & 2028)
7.3 Brushed DC motor
7.3.1 Overview
7.3.2 Brushed DC Motor: Motor Driver ICs Market – Revenue and Forecast to 2028 (USD Million)
7.4 Brushless DC Motor
7.4.1 Overview
7.4.2 Brushless DC Motor: Motor Driver ICs Market – Revenue and Forecast to 2028 (USD Million)
7.5 Stepper Motor
7.5.1 Overview
7.5.2 Stepper Motor: Motor Driver ICs Market – Revenue and Forecast to 2028 (USD Million)

8. Motor Driver ICs Market – By Semiconductor
8.1 Overview
8.2 Motor Driver ICs Market, by Semiconductor (2020 & 2028)
8.3 Gallium Nitrate (GaN)
8.3.1 Overview
8.3.2 Gallium Nitrate (GaN): Motor Driver IC Market – Revenue and Forecast to 2028 (USD Million)
8.4 Silicon carbide (SiC)
8.4.1 Preview
8.4.2 Silicon Carbide (SiC): Motor Driver ICs Market – Revenue and Forecast to 2028 (USD Million)

9. Motor Driver ICs Market – By Application
9.1 Overview
9.2 Motor Driver ICs Market, by Application (2020 & 2028)
9.3 Automotive
9.3.1 Preview
9.3.2 Automotive: Motor Driver ICs Market – Revenue and Forecast to 2028 (USD Million)
9.4 Aeronautics and Defense
9.4.1 Preview
9.4.2 Aerospace & Defense: Motor Driver IC Market – Revenue and Forecast to 2028 (USD Million)
9.5 Industrial automation
9.5.1 Preview
9.5.2 Industrial Automation: Motor Driver ICs Market – Revenue and Forecast to 2028 (USD Million)
9.6 Consumer Electronics and Home Appliances
9.6.1 Presentation
9.6.2 Consumer Electronics & Household Appliances: Motor Driver ICs Market – Revenue and Forecast to 2028 (USD Million)
9.7 Healthcare
9.7.1 Presentation
9.7.2 Healthcare: Motor Driver ICs Market – Revenue and Forecast to 2028 (USD Million)

10. Motor Driver ICs Market – Geographical Analysis

11. Motor Driver ICs Market – Impact Analysis of COVID-19
11.1 North America
11.2 Europe
11.3 Asia Pacific
11.4 Middle East and Africa
11.5 South America

12. Motor Driver ICs Market Industry Landscape
12.1 Overview
12.2 Market initiative

13. Business Profiles
13.1 Toshiba Company
13.1.1 Key Facts
13.1.2 Description of the activity
13.1.3 Products and services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Mitsubishi Electric Corporation
13.2.1 Key Facts
13.2.2 Description of the activity
13.2.3 Products and services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Main developments
13.3 Texas Instruments Incorporated
13.3.1 Key Facts
13.3.2 Description of the activity
13.3.3 Products and services
13.3.4 Financial overview
13.3.5 SWOT Analysis
13.3.6 Main developments
13.4 Allegro MicroSystems, Inc.
13.4.1 Key Facts
13.4.2 Description of activity
13.4.3 Products and services
13.4.4 Financial overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Renesas Electronics Corporation
13.5.1 Key Facts
13.5.2 Description of activity
13.5.3 Products and services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 STMicroelectronics SA
13.6.1 Key Facts
13.6.2 Description of activity
13.6.3 Products and services
13.6.4 Financial overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 ON Semiconductor Corporation
13.7.1 Key Facts
13.7.2 Description of activity
13.7.3 Products and services
13.7.4 Financial overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 ROHM CO., LTD.
13.8.1 Key Facts
13.8.2 Description of activity
13.8.3 Products and services
13.8.4 Financial overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 INFINEON TECHNOLOGIES AG
13.9.1 Key Facts
13.9.2 Description of activity
13.9.3 Products and services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Major Developments
13.10 Analog Devices, Inc.
13.10.1 Key Facts
13.10.2 Description of activity
13.10.3 Products and services
13.10.4 Financial overview
13.10.5 SWOT Analysis
13.10.6 Key Developments

14. Appendix

For more information on this report, visit https://www.researchandmarkets.com/r/9024e4?

Media Contact:

Research and Markets
Laura Woodsenior
[email protected]

For EST office hours, call +1-917-300-0470
For USA/CAN call toll free +1-800-526-8630
For GMT office hours call +353-1-416-8900

US Fax: 646-607-1907
Fax (outside the US): +353-1-481-1716

SOURCE Research and Markets

Comments are closed.