USD 6275.9 Mn Estimated for Global Motor Driver IC Market by 2027 as per Latest Study

The global Motor Driver IC market was valued at US$ 4309.4 million in 2020 and it is expected to reach US$ 6275.9 million by the end of 2027, growing at a CAGR of 5.5% during 2021-2027.

Motor drive IC is a chip integrated with CMOS control circuit and DMOS power device, which can be used with the main processor, motor and incremental encoder to form a complete motion control system. It can be used to drive inductive loads such as DC motors, stepper motors and relays. The motor driver chip is controlled by standard TTL logic level signal, with two enabling control terminals, which allow or forbid the device to work without the influence of input signals. There is a logic power input terminal, which enables the internal logic circuit to work under low voltage. Can be connected to the external detection resistance, the change of the feedback to the control circuit.

Global Motor Driver IC key players include Texas Instruments, STMicroelectronics, ON Semiconductor, etc. The top 5 manufacturers hold a share over 45%.Asia-Pacific is the largest market, with a share about 45%, followed by North America and Europe with the share about 23% and 22%.

Global Motor Driver IC Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Motor Driver IC Market: Segment Analysis

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.

Key Companies profiled in this report are Texas Instruments, STMicroelectronics, ON Semiconductor, Infineon Technologies, ROHM Semiconductor, Allegro MicroSystems, Toshiba, Panasonic, NXP Semiconductors, Maxim Integrated, Microchip Technology, Diodes Incorporated, Melexis, New Japan Radio, FM and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.

Find more details at: https://www.themarketreports.com/report/global-motor-driver-ic-market-outlook

Segment by Type

  • BDC
  • BLDC
  • STM
  • Gate Driver

Segment by Application

  • Smart Home
  • Intelligent Three-ammeters (Water, Electricity and Gas Meter)
  • 3D Printer
  • Massage Equip
  • Others

Table of Content:

1 Motor Driver IC Market Overview

2 Market Competition by Manufacturers

3 Production and Capacity by Region

4 Global Motor Driver IC Consumption by Region

5 Production, Revenue, Price Trend by Type

6 Consumption Analysis by Application

7 Key Companies Profiled

8 Motor Driver IC Manufacturing Cost Analysis

9 Marketing Channel, Distributors and Customers

10 Market Dynamics

11 Production and Supply Forecast

12 Consumption and Demand Forecast

13 Forecast by Type and by Application (2022-2027)

14 Research Finding and Conclusion

15 Methodology and Data Source

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