[Research Report] The motor driver IC market is expected to grow from US$ 3,882.57 million in 2021 to US$ 5,589.33 million by 2028; it is estimated to grow at a CAGR of 5.3% from 2021 to 2028.
The motor driver integrated circuit (IC) is an electronic component that regulates and harnesses the electrical power sent to the motor. This IC aids in providing adequate electrical power to the motors as required. It has a wide variety of applications in the industrial, automotive, medical, and consumer electronics industries in power management and control of rotary motors. The motor driver IC is used in various sectors, including automotive and medical. A surge in demand for consumer electronics and major advancements in the semiconductor sector in terms of AI applications, device designs, chip performance, and manufacturing prices are projected to provide profitable prospects for key players operating in the motor driver IC market
Smart home gadgets are becoming increasingly popular in developed economies like the US, Japan, Italy, Germany, and France. Motor driver ICs are heavily incorporated into smart home technology products such as game consoles, robotic vacuums, and smart HVAC systems. Furthermore, integrating AI and IoT technology into smart home devices would promote market expansion throughout the projection period.
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Motor Driver IC Market: Strategic Insights
Market Size Value in US$ 3,882.57 million in 2021 Market Size Value by US$ 5,589.33 million by 2028 Growth rate CAGR of 5.3% from 2021 to 2028 Forecast Period 2021-2028 Base Year 2021
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Motor Driver IC Market: Strategic Insights
| Market Size Value in | US$ 3,882.57 million in 2021 |
| Market Size Value by | US$ 5,589.33 million by 2028 |
| Growth rate | CAGR of 5.3% from 2021 to 2028 |
| Forecast Period | 2021-2028 |
| Base Year | 2021 |
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According to a survey by Care Ratings, consumer electronics and appliances manufacturers are planning to raise production by 5% to 8% in FY2022, following a drop in demand in the current fiscal. Production is predicted to climb between 5% and 8% in FY2022. The rise in demand for consumer electronics is projected to be aided by the rise in work-from-home culture. Moreover, based on increased rural earnings and government programs related to rural electrification, there is a surge in demand for consumer electronics in rural areas. Due to the growing production of consumer electronics, the demand for their basic components and devices such as motor driver ICs will also increase, resulting in market expansion.
Impact of COVID-19 Pandemic on Motor Driver IC Market
The COVID-19 pandemic had an influence on the motor driver IC business, leading to the closure of many factories, problems in supply chain, and obstacles in international trade. Several automakers have lowered their manufacturing capacity in early 2020 due to rising semiconductor shortages and reducing market potential for motor driver IC. However, the motor driver IC market gained momentum in Q3 of 2020 due to the ease of lockdown measures across the world, which led the market to witness positive outcomes at the end of 2020.
Market Insight
Increasing Adoption of Internet of Things (IoT) across Industries
Industry 4.0 is the most recent industrial revolution, introducing automation, big data, and artificial intelligence to plants and factories worldwide. The internet of things, or IoT, is one of the foundations of Industry 4.0. The industrial internet of things (IIoT) uses networked sensors and intelligent devices to collect data for artificial intelligence and predictive analytics on the production floor. The Internet of Things (IoT) has changed the way most industrial processes are carried out, including how items are created and distributed, how data is collected from areas that are too dangerous for human operators, and how product quality is maintained. Similarly, the IIoT has been a driving factor behind improved agricultural productivity at lower costs in the face of an ever-increasing population. According to several studies, the adoption of smart solutions driven by IoT in farm operations will expand in the near future. Studies claim that the agriculture business will witness a 20% compound annual growth rate in IoT device installation, with the number of connected devices (agricultural) reaching 225 million by 2024. As a result, the expanding influence of IoT across sectors bodes well for motor driver IC manufacturers, resulting in an increased customer base.
Semiconductor Segment Insights
Based on semiconductors, the motor driver IC market is bifurcated into gallium nitrate (GaN) and silicon carbide (SiC). Silicon carbide (SiC) semiconductors are more effective than ordinary semiconductors in a number of key applications. As a result, the new technology is of special interest to electric vehicle manufacturers such as enhanced battery control. Owing to which the SiC semiconductors help preserve energy, substantially improving the range of electric vehicles. Fast recharging is also possible using SiC-based semiconductors. Every electric car now contains a large number of semiconductors. With its advantages of switching speed, heat loss, and small size, the SiC type semiconductors segment would witness increased demand in the future.
Furthermore, sandblasting injectors, automobile water pump seals, bearings, pump components, and extrusion dies are all examples of SiC applications that rely on the exceptional hardness, abrasion resistance, and corrosion resistance of silicon carbide.
Motor Type Segment Insights
Based on motor type, the global motor driver IC market is segmented into brushed DC motor, brushless DC motor, and stepper motor. The adoption of brushless DC (BLDC) motors is rapidly increasing in the marketplace and across a wide range of motion control applications owing to their distinct advantages over traditional brushed DC motors, such as lower maintenance, higher operating speeds, more compactness, lower electrical noise, and better torque-to-weight ratios. Despite these advantages, BLDC motors are more expensive than ordinary DC motors since they require a motor driving controller and a rotor position sensor. In industrial positioning and actuation applications, brushless motors are employed. Brushless stepper or servo motors are utilized in assembly robots to position parts for assembly or tools for industrial processes, such as welding or painting. Linear actuators can also be driven by brushless motors. However, new trends in BLDC motor drive design are addressing the cost barrier and allowing these drivers to perform more efficiently than regular DC motors. Another key development in BLDC motor drive technology is to combine the BLDC motor and drive electronics into a single package to simplify the system, eliminate connectivity cabling, and address motor-drive compatibility difficulties.
Application Segment Insights
Based on application the global motor driver IC market is segmented into manufacturing, aerospace and defense, industrial automation, consumer electronics and home appliance, healthcare, and others. Manufacturing, oil & gas, energy & power, food & beverage, agriculture, and others are among the most common industries adopting the industrial automation. Industrial automation primarily relies on industrial AC drives and servo drives to meet increased expectations in terms of dynamic behavior and accuracy. The enormous demand for data in real-time, necessitating the use of a system with exceptional capabilities. Hence, these microprocessors at the heart of a high-performance motor control system can instantly calculate cascaded control tasks and detect current, position, and speed with pinpoint accuracy. Firms are offering an exclusive range of motor driver IC for industrial automation. For instance, motor control solutions from Infineon, such as our OptiMOSTM and CoolMOSTM MOSFETs, Power Control ICs, and EiceDRIVERTM Gate Driver, can help to improve the industrial automation applications.
The market players focus on new product innovations and developments by integrating advanced technologies and features to compete with the competitors. In November 2021, On Semi completed the acquisition of GT Advanced Technologies, a silicon carbide manufacturer (SiC). Onsemi's capacity to secure and grow SiC supply has improved as a result of the acquisition. Onsemi's commitment to make significant investments in disruptive, high-growth technologies to achieve differentiation and leadership, especially in the SiC ecosystem, is strengthened by the acquisition.
Based on semiconductors, the motor driver IC market is bifurcated into gallium nitrate (GaN) and silicon carbide (SiC). Based on motor type, the global motor driver IC market is segmented into brushed DC motor, brushless DC motor, and stepper motor. Based on application the global motor driver IC market is segmented into manufacturing, aerospace and defense, industrial automation, consumer electronics and home appliance, healthcare, and others. Based on region, the global motor driver IC market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
Motor Driver IC Market Report Scope
Motor Driver IC Market – Company Profiles
- Toshiba Corporation
- Mitsubishi Electric Corporation
- Texas Instrument
- Allegro Microsystems
- Dialog Semiconductor Plc
- STMicroelectronics
- ON Semiconductor
- Rohm Co., Ltd.
- Infineon Technologies AG
- Analog Devices
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Motor Type, Semiconductor, and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Australia, Brazil, Canada, China, France, Germany, India, Israel, Italy, Japan, Mexico, Russian Federation, South Africa, South Korea, United Kingdom, United States
Frequently Asked Questions
According to a survey by Care Ratings, consumer electronics and appliances manufacturers are planning to raise production by 5% to 8% in FY2022, following a drop in demand in the current fiscal. Production is predicted to climb between 5% and 8% in FY2022. The rise in demand for consumer electronics is projected to be aided by the rise in work-from-home culture. Moreover, based on increased rural earnings and government programs related to rural electrification, there is a surge in demand for consumer electronics in rural areas. Due to the growing production of consumer electronics, the demand for their basic components and devices such as motor driver ICs will also increase, resulting in market expansion.
Semiconductor firms are lobbying electric vehicle manufacturers to abandon standard silicon chips in favor of materials to improve vehicle efficiency while also easing customer concerns. Choosing the appropriate technology has never been more important than now, as the auto industry faces its most significant shift in almost a century. Manufacturers worldwide are rushing to eliminate internal combustion engines, and even gasoline-powered icons like Ford's Mustang and GMC's Hummer are receiving battery-powered versions. Hence, due to the shift, the automotive industry is likely to be the go-to-market for motor driver IC manufacturers.
The major companies in the motor driver IC and services include Texas Instruments, Analogic Devices, STMicroelectronics, Infineon Technologies AG, and Renesas Electronics.
The global motor driver IC and services market was dominated by the brushless DC motor segment in 2020, which accounted for more than 45% of the market share. Brushless DC (BLDC) motors have seen rapid adoption in the marketplace and across a wide range of motion control applications, owing to their distinct advantages over traditional brushed DC motors, which include lower maintenance, higher operating speeds, compactness, lower electrical noise, and better torque-to-weight ratios, to name a few.
The global motor driver IC and services market was dominated by the silicon carbide (SiC) segment in 2020, which accounted for a major market share. Silicon carbide (SiC) semiconductors are more effective than ordinary semiconductors in a number of key applications. As a result, the new technology is of special interest to electric vehicle manufacturers such as enhanced battery control, owing to SiC semiconductors, which helps preserve energy, substantially improving the range of electric vehicles. Faster recharging is also possible using SiC-based semiconductors.
In 2020, Asia Pacific led the market with a substantial revenue share, followed by North America and Europe. Asia Pacific is a prospective market for motor driver IC manufacturers.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Motor Driver IC Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America PEST Analysis
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 Opinion
5. Motor Driver IC 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) across Industries
5.2 Key Market Restraints
5.2.1 Accuracy over High Current Range
5.3 Key Market Opportunities
5.3.1 Growing 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 Restraints
6. Motor Driver IC Market – Global Analysis
6.1 Motor Driver IC Market Global Overview
6.2 Motor Driver IC Market – Global Revenue and Forecast to 2028 (US$ Million)
6.3 Market Positioning – Five Key Players
7. Motor Driver IC Market Analysis – By Motor Type
7.1 Overview
7.2 Motor Driver IC Market, By Motor Type (2020 and 2028)
7.3 Brushed DC Motor
7.3.1 Overview
7.3.2 Brushed DC Motor: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Brushless DC Motor
7.4.1 Overview
7.4.2 Brushless DC Motor: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Stepper Motor
7.5.1 Overview
7.5.2 Stepper Motor: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
8. Motor Driver IC Market – By Semiconductor
8.1 Overview
8.2 Motor Driver IC Market, by Semiconductor (2020 and 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 (US$ Million)
8.4 Silicon Carbide (SiC)
8.4.1 Overview
8.4.2 Silicon Carbide (SiC): Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
9. Motor Driver IC Market – By Application
9.1 Overview
9.2 Motor Driver IC Market, by Application (2020 and 2028)
9.3 Automotive
9.3.1 Overview
9.3.2 Automotive: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Aerospace and Defense
9.4.1 Overview
9.4.2 Aerospace and Defense: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Industrial Automation
9.5.1 Overview
9.5.2 Industrial Automation: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Consumer Electronics and Home Appliances
9.6.1 Overview
9.6.2 Consumer Electronics and Home Appliances: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
9.7 Healthcare
9.7.1 Overview
9.7.2 Healthcare: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
10. Motor Driver IC Market – Geographic Analysis
10.1 Overview
10.2 North America: Motor Driver IC Market
10.2.1 North America: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
10.2.2 North America: Motor Driver IC Market- by Motor Type
10.2.3 North America: Motor Driver IC Market- By Semiconductor
10.2.4 North America: Motor Driver IC Market- By Application
10.2.5 North America: Motor Driver IC Market- by Key Country
10.2.5.1 US: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
10.2.5.1.1 US: Motor Driver IC Market- by Motor Type
10.2.5.1.2 US: Motor Driver IC Market- By Semiconductor
10.2.5.1.3 US: Motor Driver IC Market- By Application
10.2.5.2 Canada: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
10.2.5.2.1 Canada: Motor Driver IC Market- by Motor Type
10.2.5.2.2 Canada: Motor Driver IC Market- By Semiconductor
10.2.5.2.3 Canada: Motor Driver IC Market- By Application
10.2.5.3 Mexico: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
10.2.5.3.1 Mexico: Motor Driver IC Market- by Motor Type
10.2.5.3.2 Mexico: Motor Driver IC Market- By Semiconductor
10.2.5.3.3 Mexico: Motor Driver IC Market- By Application
10.3 Europe: Motor Driver IC Market
10.3.1 Europe: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
10.3.2 Europe: Motor Driver IC Market- by Motor Type
10.3.3 Europe: Motor Driver IC Market- By Semiconductor
10.3.4 Europe: Motor Driver IC Market- By Application
10.3.5 Europe: Motor Driver IC Market- by Key Country
10.3.5.1 Germany: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.1.1 Germany: Motor Driver IC Market- by Motor Type
10.3.5.1.2 Germany: Motor Driver IC Market- By Semiconductor
10.3.5.1.3 Germany: Motor Driver IC Market- By Application
10.3.5.2 France: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.2.1 France: Motor Driver IC Market- by Motor Type
10.3.5.2.2 France: Motor Driver IC Market- By Semiconductor
10.3.5.2.3 France: Motor Driver IC Market- By Application
10.3.5.3 Italy: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.3.1 Italy: Motor Driver IC Market- by Motor Type
10.3.5.3.2 Italy: Motor Driver IC Market- By Semiconductor
10.3.5.3.3 Italy: Motor Driver IC Market- By Application
10.3.5.4 UK: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.4.1 UK: Motor Driver IC Market- by Motor Type
10.3.5.4.2 UK: Motor Driver IC Market- By Semiconductor
10.3.5.4.3 UK: Motor Driver IC Market- By Application
10.3.5.5 Russia: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.5.1 Russia: Motor Driver IC Market- by Motor Type
10.3.5.5.2 Russia: Motor Driver IC Market- By Semiconductor
10.3.5.5.3 Russia: Motor Driver IC Market- By Application
10.3.5.6 Rest of Europe: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.6.1 Rest of Europe: Motor Driver IC Market- by Motor Type
10.3.5.6.2 Rest of Europe: Motor Driver IC Market- By Semiconductor
10.3.5.6.3 Rest of Europe: Motor Driver IC Market- By Application
10.4 APAC: Motor Driver IC Market
10.4.1 APAC: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
10.4.2 APAC: Motor Driver IC Market- by Motor Type
10.4.3 APAC: Motor Driver IC Market- By Semiconductor
10.4.4 APAC: Motor Driver IC Market- By Application
10.4.5 APAC: Motor Driver IC Market- by Key Country
10.4.5.1 Australia: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.1.1 Australia: Motor Driver IC Market- by Motor Type
10.4.5.1.2 Australia: Motor Driver IC Market- By Semiconductor
10.4.5.1.3 Australia: Motor Driver IC Market- By Application
10.4.5.2 China: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.2.1 China: Motor Driver IC Market- by Motor Type
10.4.5.2.2 China: Motor Driver IC Market- By Semiconductor
10.4.5.2.3 China: Motor Driver IC Market- By Application
10.4.5.3 India: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.3.1 India: Motor Driver IC Market- by Motor Type
10.4.5.3.2 India: Motor Driver IC Market- By Semiconductor
10.4.5.3.3 India: Motor Driver IC Market- By Application
10.4.5.4 Japan: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.4.1 Japan: Motor Driver IC Market- by Motor Type
10.4.5.4.2 Japan: Motor Driver IC Market- By Semiconductor
10.4.5.4.3 Japan: Motor Driver IC Market- By Application
10.4.5.5 South Korea: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.5.1 South Korea: Motor Driver IC Market- by Motor Type
10.4.5.5.2 South Korea: Motor Driver IC Market- By Semiconductor
10.4.5.5.3 South Korea: Motor Driver IC Market- By Application
10.4.5.6 Rest of APAC: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.6.1 Rest of APAC: Motor Driver IC Market- by Motor Type
10.4.5.6.2 Rest of APAC: Motor Driver IC Market- By Semiconductor
10.4.5.6.3 Rest of APAC: Motor Driver IC Market- By Application
10.5 MEA: Motor Driver IC Market
10.5.1 MEA: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
10.5.2 MEA: Motor Driver IC Market- by Motor Type
10.5.3 MEA: Motor Driver IC Market- By Semiconductor
10.5.4 MEA: Motor Driver IC Market- By Application
10.5.5 MEA: Motor Driver IC Market- by Key Country
10.5.5.1 South Africa: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
10.5.5.1.1 South Africa: Motor Driver IC Market- by Motor Type
10.5.5.1.2 South Africa: Motor Driver IC Market- By Semiconductor
10.5.5.1.3 South Africa: Motor Driver IC Market- By Application
10.5.5.2 Israel: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
10.5.5.2.1 Israel: Motor Driver IC Market- by Motor Type
10.5.5.2.2 Israel: Motor Driver IC Market- By Semiconductor
10.5.5.2.3 Israel: Motor Driver IC Market- By Application
10.5.5.3 Rest of MEA: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
10.5.5.3.1 Rest of MEA: Motor Driver IC Market- by Motor Type
10.5.5.3.2 Rest of MEA: Motor Driver IC Market- By Semiconductor
10.5.5.3.3 Rest of MEA: Motor Driver IC Market- By Application
10.6 SAM: Motor Driver IC Market
10.6.1 SAM: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
10.6.2 SAM: Motor Driver IC Market- by Motor Type
10.6.3 SAM: Motor Driver IC Market- By Semiconductor
10.6.4 SAM: Motor Driver IC Market- By Application
10.6.5 SAM: Motor Driver IC Market- by Key Country
10.6.5.1 Brazil: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
10.6.5.1.1 Brazil: Motor Driver IC Market- by Motor Type
10.6.5.1.2 Brazil: Motor Driver IC Market- By Semiconductor
10.6.5.1.3 Brazil: Motor Driver IC Market- By Application
10.6.5.2 Rest of SAM: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
10.6.5.2.1 Rest of SAM: Motor Driver IC Market- by Motor Type
10.6.5.2.2 Rest of SAM: Motor Driver IC Market- By Semiconductor
10.6.5.2.3 Rest of SAM: Motor Driver IC Market- By Application
11. Motor Driver IC Market- COVID-19 Impact Analysis
11.1 North America
11.2 Europe
11.3 Asia Pacific
11.4 Middle East and Africa
11.5 South America
12. Motor Driver IC Market-Industry Landscape
12.1 Overview
12.2 Market Initiative
13. Company Profiles
13.1 Toshiba Corporation
13.1.1 Key Facts
13.1.2 Business Description
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 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Texas Instruments Incorporated
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Allegro MicroSystems, Inc.
13.4.1 Key Facts
13.4.2 Business Description
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 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 STMicroelectronics N.V.
13.6.1 Key Facts
13.6.2 Business Description
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 Business Description
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 Business Description
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 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Analog Devices, Inc
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Motor Driver IC Market – Revenue, and Forecast to 2028 (US$ Million)
Table 2. North America: Motor Driver IC Market- by Motor Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. North America: Motor Driver IC Market- By Semiconductor – Revenue and Forecast to 2028 (US$ Million)
Table 4. North America: Motor Driver IC Market- By Application – Revenue and Forecast to 2028 (US$ Million)
Table 5. US: Motor Driver IC Market- by Motor Type –Revenue and Forecast to 2028 (US$ Million)
Table 6. US: Motor Driver IC Market- By Semiconductor –Revenue and Forecast to 2028 (US$ Million)
Table 7. US: Motor Driver IC Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 8. Canada: Motor Driver IC Market- by Motor Type –Revenue and Forecast to 2028 (US$ Million)
Table 9. Canada: Motor Driver IC Market- By Semiconductor –Revenue and Forecast to 2028 (US$ Million)
Table 10. Canada: Motor Driver IC Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 11. Mexico: Motor Driver IC Market- by Motor Type –Revenue and Forecast to 2028 (US$ Million)
Table 12. Mexico: Motor Driver IC Market- By Semiconductor –Revenue and Forecast to 2028 (US$ Million)
Table 13. Mexico: Motor Driver IC Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 14. Europe: Motor Driver IC Market- by Motor Type – Revenue and Forecast to 2028 (US$ Million)
Table 15. Europe: Motor Driver IC Market- By Semiconductor – Revenue and Forecast to 2028 (US$ Million)
Table 16. Europe: Motor Driver IC Market- By Application – Revenue and Forecast to 2028 (US$ Million)
Table 17. Germany: Motor Driver IC Market- by Motor Type –Revenue and Forecast to 2028 (US$ Million)
Table 18. Germany: Motor Driver IC Market- By Semiconductor –Revenue and Forecast to 2028 (US$ Million)
Table 19. Germany: Motor Driver IC Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 20. France: Motor Driver IC Market- by Motor Type –Revenue and Forecast to 2028 (US$ Million)
Table 21. France: Motor Driver IC Market- By Semiconductor –Revenue and Forecast to 2028 (US$ Million)
Table 22. France: Motor Driver IC Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 23. Italy: Motor Driver IC Market- by Motor Type –Revenue and Forecast to 2028 (US$ Million)
Table 24. Italy: Motor Driver IC Market- By Semiconductor –Revenue and Forecast to 2028 (US$ Million)
Table 25. Italy: Motor Driver IC Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 26. UK: Motor Driver IC Market- by Motor Type –Revenue and Forecast to 2028 (US$ Million)
Table 27. UK: Motor Driver IC Market- By Semiconductor –Revenue and Forecast to 2028 (US$ Million)
Table 28. UK: Motor Driver IC Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 29. Russia: Motor Driver IC Market- by Motor Type –Revenue and Forecast to 2028 (US$ Million)
Table 30. Russia: Motor Driver IC Market- By Semiconductor –Revenue and Forecast to 2028 (US$ Million)
Table 31. Russia: Motor Driver IC Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 32. Rest of Europe: Motor Driver IC Market- by Motor Type –Revenue and Forecast to 2028 (US$ Million)
Table 33. Rest of Europe: Motor Driver IC Market- By Semiconductor –Revenue and Forecast to 2028 (US$ Million)
Table 34. Rest of Europe: Motor Driver IC Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 35. APAC: Motor Driver IC Market- by Motor Type – Revenue and Forecast to 2028 (US$ Million)
Table 36. APAC: Motor Driver IC Market- By Semiconductor – Revenue and Forecast to 2028 (US$ Million)
Table 37. APAC: Motor Driver IC Market- By Application – Revenue and Forecast to 2028 (US$ Million)
Table 38. Australia: Motor Driver IC Market- by Motor Type –Revenue and Forecast to 2028 (US$ Million)
Table 39. Australia: Motor Driver IC Market- By Semiconductor –Revenue and Forecast to 2028 (US$ Million)
Table 40. Australia: Motor Driver IC Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 41. China: Motor Driver IC Market- by Motor Type –Revenue and Forecast to 2028 (US$ Million)
Table 42. China: Motor Driver IC Market- By Semiconductor –Revenue and Forecast to 2028 (US$ Million)
Table 43. China: Motor Driver IC Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 44. India: Motor Driver IC Market- by Motor Type –Revenue and Forecast to 2028 (US$ Million)
Table 45. India: Motor Driver IC Market- By Semiconductor –Revenue and Forecast to 2028 (US$ Million)
Table 46. India: Motor Driver IC Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 47. Japan: Motor Driver IC Market- by Motor Type –Revenue and Forecast to 2028 (US$ Million)
Table 48. Japan: Motor Driver IC Market- By Semiconductor –Revenue and Forecast to 2028 (US$ Million)
Table 49. Japan: Motor Driver IC Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 50. South Korea: Motor Driver IC Market- by Motor Type –Revenue and Forecast to 2028 (US$ Million)
Table 51. South Korea: Motor Driver IC Market- By Semiconductor –Revenue and Forecast to 2028 (US$ Million)
Table 52. South Korea: Motor Driver IC Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 53. Rest of APAC: Motor Driver IC Market- by Motor Type –Revenue and Forecast to 2028 (US$ Million)
Table 54. Rest of APAC: Motor Driver IC Market- By Semiconductor –Revenue and Forecast to 2028 (US$ Million)
Table 55. Rest of APAC: Motor Driver IC Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 56. MEA: Motor Driver IC Market- by Motor Type– Revenue and Forecast to 2028 (US$ Million)
Table 57. MEA: Motor Driver IC Market- By Semiconductor – Revenue and Forecast to 2028 (US$ Million)
Table 58. MEA: Motor Driver IC Market- By Application – Revenue and Forecast to 2028 (US$ Million)
Table 59. South Africa: Motor Driver IC Market- by Motor Type –Revenue and Forecast to 2028 (US$ Million)
Table 60. South Africa: Motor Driver IC Market- By Semiconductor –Revenue and Forecast to 2028 (US$ Million)
Table 61. South Africa: Motor Driver IC Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 62. Israel: Motor Driver IC Market- by Motor Type –Revenue and Forecast to 2028 (US$ Million)
Table 63. Israel: Motor Driver IC Market- By Semiconductor –Revenue and Forecast to 2028 (US$ Million)
Table 64. Israel: Motor Driver IC Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 65. Rest of MEA: Motor Driver IC Market- by Motor Type –Revenue and Forecast to 2028 (US$ Million)
Table 66. Rest of MEA: Motor Driver IC Market- By Semiconductor –Revenue and Forecast to 2028 (US$ Million)
Table 67. Rest of MEA: Motor Driver IC Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 68. SAM: Motor Driver IC Market- by Motor Type – Revenue and Forecast to 2028 (US$ Million)
Table 69. SAM: Motor Driver IC Market- By Semiconductor – Revenue and Forecast to 2028 (US$ Million)
Table 70. SAM: Motor Driver IC Market- By Application – Revenue and Forecast to 2028 (US$ Million)
Table 71. Brazil: Motor Driver IC Market- by Motor Type –Revenue and Forecast to 2028 (US$ Million)
Table 72. Brazil: Motor Driver IC Market- By Semiconductor –Revenue and Forecast to 2028 (US$ Million)
Table 73. Brazil: Motor Driver IC Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 74. Rest of SAM: Motor Driver IC Market- by Motor Type–Revenue and Forecast to 2028 (US$ Million)
Table 75. Rest of SAM: Motor Driver IC Market- By Semiconductor –Revenue and Forecast to 2028 (US$ Million)
Table 76. Rest of SAM: Motor Driver IC Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 77. List of Abbreviation
LIST OF FIGURES
Figure 1. Motor Driver IC Market Segmentation
Figure 2. Motor Driver IC Market Segmentation – By Geography
Figure 3. Global Motor Driver IC Market Overview
Figure 4. Brushless DC Motor Segment Held the Largest Market Share in 2020
Figure 5. Silicon Carbide (SiC) Held the Largest Market Share in 2020
Figure 6. Industrial Automation Held the Largest Market Share in 2020
Figure 7. Asia Pacific was the Largest Revenue Contributor in 2020
Figure 8. North America PEST Analysis
Figure 9. Europe – PEST Analysis
Figure 10. Asia Pacific PEST Analysis
Figure 11. Middle East & Africa PEST Analysis
Figure 12. South America PEST Analysis
Figure 13. Motor Driver IC Market– Ecosystem Analysis
Figure 14. Expert Opinion
Figure 15. Motor Driver IC Market: Impact Analysis of Drivers and Restraints
Figure 16. Geographic Overview of Motor Driver IC Market
Figure 17. Global Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Motor Driver IC Market Revenue Share, by Motor Type (2020 and 2028)
Figure 19. Brushed DC Motor: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Brushless DC Motor: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Stepper Motor: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Motor Driver IC Market Revenue Share, by Semiconductor (2020 and 2028)
Figure 23. Gallium Nitrate (GaN): Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Silicon Carbide (SiC): Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Motor Driver IC Market Revenue Share, by Application (2020 and 2028)
Figure 26. Automotive: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Aerospace and Defense: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Industrial Automation: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Consumer Electronics and Home Appliances: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Healthcare: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Motor Driver IC Market Revenue Share, By Region (2020 and 2028)
Figure 32. North America: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. North America: Motor Driver IC Market Revenue Share, by Motor Type (2020 and 2028)
Figure 34. North America: Motor Driver IC Market Revenue Share, By Semiconductor (2020 and 2028)
Figure 35. North America: Motor Driver IC Market Revenue Share, By Application (2020 and 2028)
Figure 36. North America: Motor Driver IC Market Revenue Share, by Key Country (2020 and 2028)
Figure 37. US: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
Figure 38. Canada: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
Figure 39. Mexico: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
Figure 40. Europe: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
Figure 41. Europe: Motor Driver IC Market Revenue Share, By Motor Type (2020 and 2028)
Figure 42. Europe: Motor Driver IC Market Revenue Share, By Semiconductor (2020 and 2028)
Figure 43. Europe: Motor Driver IC Market Revenue Share, By Application (2020 and 2028)
Figure 44. Europe: Motor Driver IC Market Revenue Share, By Key Country (2020 and 2028)
Figure 45. Germany: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
Figure 46. France: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
Figure 47. Italy: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
Figure 48. UK: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
Figure 49. Russia: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
Figure 50. Rest of Europe: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
Figure 51. APAC: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
Figure 52. APAC: Motor Driver IC Market Revenue Share, By Motor Type (2020 and 2028)
Figure 53. APAC: Motor Driver IC Market Revenue Share, By Semiconductor (2020 and 2028)
Figure 54. APAC: Motor Driver IC Market Revenue Share, By Application (2020 and 2028)
Figure 55. APAC: Motor Driver IC Market Revenue Share, By Key Country (2020 and 2028)
Figure 56. Australia: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
Figure 57. China: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
Figure 58. India: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
Figure 59. Japan: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
Figure 60. South Korea: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
Figure 61. Rest of APAC: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
Figure 62. MEA: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
Figure 63. MEA: Motor Driver IC Market Revenue Share, By Motor Type (2020 and 2028)
Figure 64. MEA: Motor Driver IC Market Revenue Share, By Semiconductor (2020 and 2028)
Figure 65. MEA: Motor Driver IC Market Revenue Share, By Application (2020 and 2028)
Figure 66. MEA: Motor Driver IC Market Revenue Share, By Key Country (2020 and 2028)
Figure 67. South Africa: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
Figure 68. Israel: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
Figure 69. Rest of MEA: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
Figure 70. SAM: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
Figure 71. SAM: Motor Driver IC Market Revenue Share, By Motor Type (2020 and 2028)
Figure 72. SAM: Motor Driver IC Market Revenue Share, By Semiconductor (2020 and 2028)
Figure 73. SAM: Motor Driver IC Market Revenue Share, By Application (2020 and 2028)
Figure 74. SAM: Motor Driver IC Market Revenue Share, By Key Country (2020 and 2028)
Figure 75. Brazil: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
Figure 76. Rest of SAM: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
Figure 77. Impact of COVID-19 Pandemic in North American Country Markets
Figure 78. Impact of COVID-19 Pandemic in Europe Country Markets
Figure 79. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Figure 80. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
Figure 81. Impact of COVID-19 Pandemic in South America Country Markets
The List of Companies - Motor Driver IC Market
- Allegro Microsystems
- Dialog Semiconductor PLC,
- Mitsubishi Electric Corporation
- ON Semiconductor
- Rohm Co Ltd,
- Analog Devices
- STMicroelctronics
- Texas Instruments
- Toshiba Corporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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