Press release
Motor Control IC Market to Witness an Outstanding Growth by 2027 - Lead by ABB, General Electric, Maxim Integrated, STMicroelectronics, Renesas Electronics, NXP Semiconductor, Siemens AG and Toshiba
Motor Control IC Market
A motor control IC is that component which governs the performance of an electric motor and decides the direction of it to be driven. The motor control ICs have usually proven to be highly effective in the most demanding environments of the automotive sector. The parameters that are evaluated to judge the performance of a motor control IC include efficiency, accuracy, robustness, and reliability in rugged conditions.
Some of the major applications of motor control IC for the motors include selecting and regulating the speeds, protection against overloads, regulating the direction of rotation of the motor, and limiting or regulating the torque generated.
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The rising demands for motor control ICs by the automotive sector coupled with increasing safety regulations levied by the regulatory bodies for enhanced safety measures in the automotive sector is anticipated to be the major driver for the motor control IC market.
Higher increasing complexities in the product manufacturing and lower profit margins would pose a challenge to the growth of the motor control IC market. The paradigm shift anticipated in the automotive industry within the coming years owing to various environmental and regulatory concerns would provide good opportunities to the players operating in the motor control IC market.
Some of The Major Players In Global Market:
1. ABB Ltd.
2. General Electric
3. Infineon Technologies AG
4. Maxim Integrated
5. STMicroelectronics
6. Renesas Electronics
7. NXP Semiconductor
8. Schneider Electric SE
9. Siemens AG
10. Toshiba Corporation
The global motor control IC market is segmented on the basis of type and application. Based on type, the motor control IC market is segmented into 32-bit embedded power motor control ICs, intelligent motor control ICs, and digital motor control ICs. The motor control IC market on the basis of the application is classified into automotive, healthcare, building control, industrial automation, consumer electronics, and others.
Major Factors:
• Global Motor Control IC Market Overview
• Economic Impact on Market
• Market Competition
• Global Motor Control IC Market Analysis by Application
• Industrial Chain, Sourcing Strategy and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders
• Global Motor Control IC Market Effect, Factors, Analysis
• Global Motor Control IC Market Forecast
Motor Control IC Market – Global Analysis to 2027 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/position of top 5 key vendors.
The Motor Control IC Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 – 2027, considering 2018 as the base year and 2018 – 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 18 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.
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Reasons to Buy the Report:
• Learn about the driving factors, affecting the market growth.
• Imbibe the advancements and progress in the market during the forecast period.
• Understand where the market opportunities lies.
• Compare and evaluate various options affecting the market.
• Pick up on the leading market players within the market.
• Envision the restrictions and restrains that are likely to hamper the market.
Contact Us:
The Insight partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: www.theinsightpartners.com
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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