The global Motor Driver IC market was valued at US$ 4358.4 million in 2022 and is projected to reach US$ 5596.6 million by 2029, at a CAGR of 3.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global Motor Driver IC market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Motor Driver IC market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Motor Driver IC market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
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.
This report aims to provide a comprehensive presentation of the global market for Motor Driver IC, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Motor Driver IC. This report contains market size and forecasts of Motor Driver IC in global, including the following market information:
- Global Motor Driver IC Market Revenue, 2018-2023, 2024-2032, ($ millions)
- Global Motor Driver IC Market Sales, 2018-2023, 2024-2032, (K Units)
- Global top five Motor Driver IC companies in 2022 (%)
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%.
We surveyed the Motor Driver IC manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Motor Driver IC Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Motor Driver IC Market Segment Percentages, by Type, 2022 (%)
- SiC (Silicon Carbide)
- GaN (Gallium Nitride)
Global Motor Driver IC Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Motor Driver IC Market Segment Percentages, by Application, 2022 (%)
- Automotive
- Aerospace and Defense
- Industrial Automation
- Consumer Electronics
- Healthcare
- Other
Global Motor Driver IC Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Motor Driver IC Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Motor Driver IC revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Motor Driver IC revenues share in global market, 2022 (%)
- Key companies Motor Driver IC sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies Motor Driver IC sales share in global market, 2022 (%)
key players include:
- Toshiba Corporation
- Mitsubishi Electric Corporation
- Texas Instruments
- Allegro Microsystems
- Dialog Semiconductor PLC
- ST Microelctronics
- ON Semiconductor
- Rohm Co Ltd
- Semtech Corporation
- Maxim Integrated
Outline of Major Chapters:
Chapter 1: Introduces the definition of Motor Driver IC, market overview.
Chapter 2: Global Motor Driver IC market size in revenue and volume.
Chapter 3: Detailed analysis of Motor Driver IC manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Motor Driver IC in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Motor Driver IC capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
