Global Motor Driver ICs Market Overview: 2020-2026

Global Motor Driver ICs Market is expected to grow at a CAGR of 6.6% during the forecast period. Global Motor Driver ICs Market is expected to reach US$ 4.15 Bn. by2026. The motor driver IC is an integrated circuit chip used as a motor controlling device in autonomous robots and embedded circuits. The most common motor Driver ICs are used in simple robots and RC cars. Motor driver ICs are available with three types of motors which include brushed DC motor, stepper motor, and brushless DC motor. With the growth in the automation industry and rising, FDI investments are boosting the market growth.

Global Motor Driver ICs Market Dynamics:

Increasing Use in industrial automation to Drive Global Motor Driver ICs Market Rising demand for the industrial automation industry along with the growth in the automation industry has led to increasing demand for the motor driver ICs market. Mass production has put more pressure on the assembling line besides, to reduce the processing time of the assembly line and increasing production, manufactures are more focusing on the advanced devices this has made a positive impact on the motor driver ICs market. With the increasing adoption of Motor driver ICs in the automation industry for instance, such as in logistics systems, tool machines and robots, food, and packaging are fuelling the market growth. In addition, with the rising adoption of industrial robots as these robots consume less power, has high accuracy, the high speed which makes the operation more efficient are further driving the market growth. These industrial robots are controlled and operated by using motor drivers also offers protection against faults in the power supply and thus, this has created many lucrative opportunities for the motor driver ICs market. Industrial automation industry manufactures are focusing on improving the motor's efficiency, accuracy, robustness, and reliability as these factors play a vital role to improve the productivity of the industry which in turn has created many opportunities for the key players operating in this market. The report has profiled ten key players in the market from different regions. However, the report has considered all market leaders, followers, and new entrants with investors while analyzing the market and estimation the size of the same. The manufacturing environment in each region is different and focus is given on the regional impact on the cost of manufacturing, supply chain, availability of raw materials, labor cost, availability of advanced technology, trusted vendors are analysis and report has come up with recommendations for a future hot spot in the Asia Pacific. Major country’s policies about manufacturing and their impact on Motor Driver ICs demand are covered in the report.

Global Motor Driver ICs Market Segment Analysis

Global Motor Driver ICs Market To Know About The Research Methodology :- Request Free Sample Report The Automotive segment is expected grow at a CAGR of xx% during the forecast period. By End-Use, in 2019, the global automotive segment was xx% and it is estimated to reach USD$ XX Mn by 2026. The sales of new cars have increased since 2020, also a larger portion of global semiconductor sales saw rapid growth in 2020. Chip manufacturers and the automotive industry are investing more in R & D, for instance, the European Union and many of its member states are designing programs to help build chip manufacturing capacities across the continent this has made a positive impact on the motor driver ICs market.

Global Motor Driver ICs Market Regional Insights:

North America is expected to grow at a CAGR of 6.1% during the forecast period and is expected to reach xx% market share by 2026 North America held the largest market share in 2019 and is expected to maintain its leading position in the coming years. The market growth in North America is attributed to increasing investments in R & D for the development of advanced motor driver ICs devices and modern state-of-art facilities. The U.S is one of the leading countries that spend huge expenditure on the automobile sector which in turn has created many lucrative opportunities for the Motor Driver ICs market. The United States has one of the largest automotive markets in the world. In 2018, U.S. light-vehicle sales reached 17.2 million units as well as Major European, Japanese, and Korean automaker has produced vehicles and invested more than $75 billion in the United States. Total foreign direct investment in the U.S. automotive industry reached $114.6 billion in 2018. In Europe, the market growth is attributed to rising disposable income, growing awareness of automotive care products, and rising sales of luxury vehicles which are fuelling the market growth. The Motor Driver ICs market in the Asia Pacific is projected to expand at a rapid pace during the forecast period, led by the rising trends towards the electric and hybrid vehicle. In countries like India, China, and Japan governments and automobile manufacturers are more focusing on new-energy vehicles (NEVs) this has provided many lucrative opportunities for the auto brands which in turn has made a positive impact on the demand for motor drivers ICs market. The report also helps in understanding global Motor Driver ICs market dynamics, structure by analyzing the market segments and project global Motor Driver ICs market clear representation of competitive analysis of key players by price, financial position, by detection and equipment portfolio, growth strategies, and regional presence in the global Motor Driver ICs market make the report investor’s guide.

Scope of the Motor Driver ICs market: Inquire before buying

Global Motor Driver ICs Market 2

Global Motor Driver ICs market by Region

• North America • Europe • Middle East & Africa • Asia Pacific • South America

Global Motor Driver ICs market by Major Key Players

• ABB • Allegro MicroSystems, LLC • Infineon Technologies AG • Maxim Integrated • Microchip Technology Inc. • NXP Semiconductors • On Semiconductor • Panasonic Corporation • Rockwell Automation, Inc. • STMicroelectronics • Texas Instruments Incorporated • TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION • Other Key players
1. Global Motor Driver ICs Market: Research Methodology 2. Global Motor Driver ICs Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Motor Driver ICs Market 2.2. Summary 2.1.1. Key Findings 2.1.2. Recommendations for Investors 2.1.3. Recommendations for Market Leaders 2.1.4. Recommendations for New Market Entry 3. Global Motor Driver ICs Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 1.12 COVID-19 Impact 4. Global Motor Driver ICs Market Segmentation 4.1 Global Motor Driver ICs Market, by Motor Type (2020-2026) • Brushed DC Motor • Brushless DC Motor • Stepper Motor 4.2 Global Motor Driver ICs Market, by Application (2020-2026) • Robotics • Printers • Scanners • HVAC Blowers • Gaming Machines • Others Application 4.3 Global Motor Driver ICs Market, by End-use Industry (2020-2026) • Healthcare • Aerospace • Automotive • Electronics & Semiconductor • Other End-Use 5. North America Motor Driver ICs Market (2020-2026) 5.1 Global Motor Driver ICs Market, by Motor Type (2020-2026) • Brushed DC Motor • Brushless DC Motor • Stepper Motor 5.2 Global Motor Driver ICs Market, by Application (2020-2026) • Robotics • Printers • Scanners • HVAC Blowers • Gaming Machines • Others Application 5.3 Global Motor Driver ICs Market, by End-use Industry (2020-2026) • Healthcare • Aerospace • Automotive • Electronics & Semiconductor • Other End-Use 5.4 North America Motor Driver ICs Market, by Country (2020-2026) • United States • Canada • Mexico 6. Asia Pacific Motor Driver ICs Market (2020-2026) 6.1. Asia Pacific Motor Driver ICs Market, by Motor Type (2020-2026) 6.2. Asia Pacific Motor Driver ICs Market, by Application (2020-2026) 6.2. Asia Pacific Motor Driver ICs Market, by End-use Industry (2020-2026) 6.2. Asia Pacific Motor Driver ICs Market, by Country (2020-2026) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 7. Middle East and Africa Motor Driver ICs Market (2020-2026) 7.1 Middle East and Africa Motor Driver ICs Market, by Motor Type (2020-2026) 7.2. Middle East and Africa Motor Driver ICs Market, by Application (2020-2026) 7.2. Middle East and Africa Motor Driver ICs Market, by End-use Industry (2020-2026) 7.4. Middle East and Africa Motor Driver ICs Market, by Country (2020-2026) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 8. Latin America Motor Driver ICs Market (2020-2026) 8.1. Latin America Motor Driver ICs Market, by Motor Type (2020-2026) 8.2. Latin America Motor Driver ICs Market, by Application (2020-2026) 8.2. Latin America Motor Driver ICs Market, by End-use Industry (2020-2026) 8.4 Latin America Motor Driver ICs Market, by Country (2020-2026) • Brazil • Argentina • Rest Of Latin America 9. European Motor Driver ICs Market (2020-2026) 9.1. European Motor Driver ICs Market, by Motor Type (2020-2026) 9.2. European Motor Driver ICs Market, by Application (2020-2026) 9.3. European Motor Driver ICs Market, by End-use Industry (2020-2026) 9.4. European Motor Driver ICs Market, by Country (2020-2026) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 10. Company Profile: Key players 10.1. ABB 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Allegro MicroSystems, LLC 10.3. Infineon Technologies AG 10.4. Maxim Integrated 10.5. Microchip Technology Inc. 10.6. NXP Semiconductors 10.7. On Semiconductor 10.8. Panasonic Corporation 10.9. Rockwell Automation, Inc. 10.10. STMicroelectronics 10.11. Texas Instruments Incorporated 10.12. TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION 10.13. Other Key players

About This Report

Report ID 86789
Category Electronics
Published Date March 2021
Updated Date Oct 2021
Contact Us