Press release
Motor Driver IC Market is Estimated to Reach USD 5.82 billion by 2030: Cognitive Market Research
Motor Driver IC Market is Estimated to Reach USD 5.82 billion by 2030: Cognitive Market Research
Motor Driver IC are nothing but the current amplifiers and are a crucial element of motor interfacing. In robotics, Motor Driver IC are frequently used to operate DC motors from microcontrollers. They are commonly utilized in automation since they are a crucial part of regulating motion in autonomous robots. They can also be found in more typical settings like office appliances and auto electronics. A motor driver IC is often unique to a particular motor type because various motors have various signal needs.
Summary:
As per the study of CMR, The Global Motor Driver IC Market stood at USD 3.60 billion in 2022 and is projected to reach USD 5.82 billion by 2030, with a CAGR of 6.2% from 2023-2030.
To know more about The Motor Driver IC Market statistics click here: https://www.cognitivemarketresearch.com/motor-driver-ic-market-report
Market Dynamics:
What are the driving factors for the global Motor Driver IC market?
The growing automotive industry and increasing demand for energy-efficient consumer electronic devices are the key driving factors for the growth of the global Motor Driver IC market. in addition, the rising demand for automatic home appliances in modular kitchens also contributes to the growth of the market.
What are the opportunities & challenges for the global Motor Driver IC market?
Emerging advanced technologies and quick adoption of these technologies in different industries, the growing popularity of DIY gardening equipment, and the strong application of robotics in industrial automation can create ample opportunities for the Motor Driver IC market in the future. However, compatibility problems of Motor Driver IC can hamper the growth of the market.
Global Motor Driver IC Market Segmentation:
Motor Type:
• Brushed DC Motor
• Brushless DC Motor
• Stepper Motor
Material:
• Si (Silicon)
• SiC (Silicon Carbide)
• GaN (Gallium Arsenide)
Technology:
• MOSFET
• IGBT
Voltage Range:
• 3 V - 5 V
• 5 V - 24 V
• 24 V - 48 V
• 48 V - 240 V
• 240 V and Above
End-use Industry:
• Automotive
• Consumer Electronics
• Industrial
• Healthcare
• Others
Based on end-users, the Motor Driver IC market is segmented into Automotive, Consumer Electronics, Industrial, Healthcare, and Others. Consumer electronics is estimated as the lucrative segment during the forecast period. This is due to the rising use of automatic kitchen appliances in modular kitchens, and the growing demand for electric gadgets.
Competitive Analysis of Motor Driver IC Market: Copley, AMtek SEMICONDUCTORS CO. Ltd., Elmo Motion Control, Maxon Motor, Toshiba, Renesas Electronics, Maxim, ON Semiconductor, Panasonic, Synapticon, Princeton Technology Corporation
Get free sample pages of the latest published Motor Driver IC Market Report: https://www.cognitivemarketresearch.com/motor-driver-ic-market-report
Regional Analysis:
Which region is dominating the global Motor Driver IC market?
According to our study, Asia pacific is dominating region for the Motor Driver IC market. This is due to the strong presence of major automotive players, and growing development in emerging economies like India, and China. In addition, growing industrialization demand automation which has applications of Motor Driver IC also fuelling the growth of the market in this region. On the other hand, North America is estimated as the second largest market for Motor Driver IC market, owing to the commercialization of EVs.
Global Motor Driver IC Market News:
Toshiba Released Stepping Motor Driver IC That Contributes to Saving Space on Circuit Boards (August 2022)
"TB67S549FTG," a stepping motor driver IC contained in a tiny package with built-in constant-current regulation that does not require external circuit components, has been released by Toshiba Electronic Devices & Storage Corporation, expanding the company's lineup of stepping Motor Driver IC.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Motor Driver IC Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Motor Driver IC Market Segmentation
1.5.1 Motor Driver IC Market Regional Fragmentation
1.5.1 Motor Driver IC Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Motor Driver IC Market
• 3.1 Global Motor Driver IC Market Size 2018 - 2030, (USD Million)
• 3.2 Global Motor Driver IC Value, Absolute & Opportunity Analysis
• 3.3 Global Motor Driver IC Market Y-o-Y Growth Rate Projection by Region (2023 - 2030)
• 3.4 Global Motor Driver IC Market Statistics 2022: Snapshot
Chapter 4 Global Motor Driver IC Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Motor Driver IC Market by Motor Type Segmentation Analysis (2018-2030)
Chapter 10 Global Motor Driver IC Market by Application Segmentation Analysis (2018-2030)
Chapter 11 Global Motor Driver IC Market by Material Segmentation Analysis (2018-2030)
Chapter 12 Global Motor Driver IC Market by Voltage Range Segmentation Analysis (2018-2030)
Chapter 13 Global Motor Driver IC Market Regional Analysis
Chapter 14 North America Motor Driver IC Market Outlook (2018 - 2030)
Chapter 15 Europe Motor Driver IC Market Outlook (2018 - 2030)
Chapter 16 Asia Pacific Motor Driver IC Market Outlook (2018 - 2030)
Chapter 17 Latin America Motor Driver IC Market Outlook (2018 - 2030)
Chapter 18 Middle East and Africa Motor Driver IC Market Outlook (2018 - 2030)
Chapter 19 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)
To know more about The Motor Driver IC Market TOC click here: https://www.cognitivemarketresearch.com/motor-driver-ic-market-report#table_of_contents
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𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
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Europe and UK: (+44) 20-8144-9523
Asia Pacific: (+852) 81930785
Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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