Global Motor Driver ICs Market

Global Motor Driver ICs Market Overview 

• The Global Motor Driver ICs Market Size is Anticipated to Grow from USD 4.2 Billion in 2023 to USD 7.5 Billion by 2033, growing at a CAGR of 5.97% from 2023 to 2033.
• The market growth is driven by the adoption of electric vehicles (EVs) and increasing automation in industries. 
• The motor driver ICs market is the market for integrated circuits (ICs) that control and manage the operation of electric motors.
• Advancement in semiconductor technology, adoption of wireless connectivity, use of artificial intelligence for motor control optimization, integration of safety features along with the popularity of robotics and unmanned aerial vehicles are all factors that are escalating the market growth of motor driver ICs.

Major vendors in the Global Motor Driver ICs Market

Allegro MicroSystems, Infineon Technologies, STMicroelectronics, Texas Instruments, ON Semiconductor, NXP Semiconductors, ROHM Semiconductor, Toshiba Corporation, and others.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Decision Advisor has segmented the Motor Driver ICs market based on the below-mentioned segments:

Global Motor Driver ICs Market, By Motor Type

• Brushed DC Motor
• Brushless DC Motor
• Stepper Motor

Global Motor Driver ICs Market, By Material

• Silicon
• Silicon carbide
• Gallium Arsenide 

Global Motor Driver ICs Market, By Technology

• MOSFET
• IGBT

Global Motor Driver ICs Market, By Voltage range

• 3V-5V
• 5V-24V
• 24V-48V
• 48V-240V
• 240V and above

Global Motor Driver ICs Market, By End-use Industry

• Automotive
• Consumer Electronics
• Industrial
• Healthcare
• Others

Global Motor Driver ICs Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa