Press release
Motor Driver IC Market could be worth US$ 3,882.57 million by 2028, says Premium Market Insights
Motor Driver IC Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Motor Type (Brushed DC Motor, Brushless DC Motor, and Stepper Motor), Semiconductor (Gallium Nitrate (GaN) and Silicon Carbide (SiC)), and Application (Automotive, Aerospace and Defense, Industrial Automation, Consumer Electronics and Home Appliances, and Healthcare) The global 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.Get PDF Sample Report + All Related Table and Graphs @: https://www.premiummarketinsights.com/sample/TIP00083860?utm_source=OpenPR&utm_medium=10823
Competitive Landscape: Motor Driver IC Market:
Electric vehicle adoption is expanding worldwide, and sales of electric and hybrid vehicles will increase significantly during the projected period. This growth can be attributed to the strict emission limits and increase in battery density. ADAS capabilities, which were previously only available in high-end luxury automobiles, are now available in entry-level models. Furthermore, all newly produced automobiles in the US will be equipped with an automatic braking system, a lane departure warning system, and a parking assistance system starting in 2020. Looking at the future scope of motor driver ICs in the automotive, many industrial manufacturers have jumped into the market. Companies are offering an exclusive range of motor drivers for the automotive industry. For instance, ST offers a wide range of motor control ICs that are well-suited for the harshest automotive environments, covering the needs of brushed DC motors, stepper motors, and brushless DC motors across a wide range of voltage and current ratings. As a result, the motor driver IC market will have plenty of opportunities as the demand for electric and autonomous vehicles grows.
• Allegro Microsystems
• Dialog Semiconductor PLC,
• Mitsubishi Electric Corporation
• ON Semiconductor
• Rohm Co Ltd,
• Analog Devices
• STMicroelctronics
• Texas Instruments
• Toshiba Corporation
Chapter Details of Motor Driver IC Market:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Motor Driver IC Market Landscape
Part 04: Motor Driver IC Market Sizing
Part 05: Motor Driver IC Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Premium Market Insights is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers.
The market research industry has changed in last decade. As corporate focus has shifted to niche markets and emerging countries, a number of publishers have stepped in to fulfil these information needs. We have experienced and trained staff that helps you navigate different options and lets you choose best research solution at most effective cost.
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