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Texas Instruments (TI) and Infineon Technologies together held over 20% market share of the market in 2023. TI is a well-known company in the DC motor control devices industry, providing a broad array of products designed for different uses. With a focus on semiconductor technology, it offers motor control solutions that are renowned for their dependability, efficiency, and high performance. These solutions include integrated circuits, motor drivers, and controllers made to withstand the severe demands of consumer electronics, automotive systems, and industrial automation. TI’s dedication to quality and innovation has enabled it to maintain its position as a leading supplier of DC motor control devices.
Infineon Technologies is well known for its cutting-edge semiconductor solutions.The company provides a wide range of motor control devices, such as integrated circuits, controllers, and drivers. These devices serve many applications in automotive systems, renewable energy, and industrial automation with their enhanced performance, efficiency, and reliability. Infineon is regarded as a reliable supplier of DC motor control solutions, stimulating productivity and innovations across a range of industries.
Major players operating in the DC motor control devices industry are:
Analog Devices (TI), Infineon Technologies, Microchip Technology, NXP Semiconductors, ON Semiconductor, STMicroelectronics, and Texas Instruments (TI) among others.
The market size for DC motor control devices was valued at USD 1.67 billion in 2023 and is anticipated to grow at over 7% CAGR between 2024 and 2032, due to the rise of industry 4.0 and industrial automation.
Asia Pacific market will reach USD 1 billion by 2032, driven by rapid industrialization and technical improvements.
The pulse width modulation controller segment of the DC motor control devices market will reach over USD 1 billion by 2032, owing to its utility in applications, such as industrial automation, automotive systems, and robotics.