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Motor Driver IC Market Size
Motor Driver IC Market was valued at USD 12.08 billion in 2023 and is anticipated to grow at a CAGR of over 20% between 2024 and 2032. The market is experiencing significant growth driven by the increasing adoption of automation and robotics across various industries.
As manufacturing processes become more automated, the demand for precise motor control is rising, leading to a surge in the use of motor driver ICs. For instance, in December 2023, Renesas Electronics unveiled new programmable motor driver ICs for sensorless brushless DC motors, enabling full torque at zero speed.
Motor driver ICs are essential in optimizing energy consumption by controlling motor speed and torque precisely. With the global push towards sustainable practices and energy conservation, industries are increasingly adopting motor driver ICs that offer higher efficiency and reduced power consumption. This trend aligns with broader goals of reducing carbon footprints and operational expenses, further accelerating market demand.
Report Attributes | Details |
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Base Year: | 2023 |
Market Size in 2023: | USD 12.8 Billion |
Forecast Period: | 2024 – 2032 |
Forecast Period 2024 – 2032 CAGR: | 20% |
2024 – 2032 Value Projection: | USD 65 Billion (USD) |
Historical Data for: | 2021 – 2023 |
No. of Pages: | 220 |
Tables, Charts & Figures: | 760 |
Segments covered: | Type, Voltage Range, Application, Technology, Functionality, Sales Channel |
Growth Drivers: |
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Pitfalls & Challenges: |
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The rise of electric vehicles (EVs) and smart home devices is propelling the growth of the motor driver IC market. Electric vehicles require advanced motor control systems for performance and efficiency, driving the need for sophisticated motor driver ICs. Similarly, the proliferation of smart home technologies, including automated appliances and smart HVAC systems, is increasing the demand for reliable and efficient motor drivers. As these technologies continue to evolve and expand, the market for motor driver ICs is expected to see sustained growth.
The development and manufacturing of advanced motor driver ICs involve substantial costs due to the complexity of technology and the need for high precision. Designing and producing these ICs require significant investment in research and development (R&D), sophisticated manufacturing equipment, and stringent quality control processes. These costs can be prohibitive, especially for smaller companies or startups entering the market.
Integrating motor driver ICs into existing systems presents significant challenges. Many applications require motor driver ICs to work seamlessly with various types of motors and control algorithms, such as Trapezoidal, Sinusoidal, and Field-Oriented Control (FOC). This complexity increases the difficulty of designing systems that are compatible with different motor types and specifications. Moreover, ensuring that the ICs meet performance and reliability standards across diverse applications adds to the design complexity.
Motor Driver IC Market Trends
The latest trend in the motor driver IC industry is the integration of advanced sensorless control technologies. Companies are developing motor driver ICs that enable full torque at zero speed, improving efficiency and reducing the need for external sensors. These innovations allow for more compact and cost-effective designs, which are particularly beneficial for applications in electric vehicles, industrial automation, and smart home devices. Additionally, there's a growing focus on enhancing power management and incorporating robust protection features to ensure reliability and longevity in diverse operating conditions.
For instance, in July 2024, STMicroelectronics introduced the EVLDRIVE101-HPD motor driver board, capable of driving up to 750W brushless DC motors. Featuring the STDRIVE101 gate driver and STM32G0 microcontroller, this compact board supports various motor control strategies and offers extensive protection features, making it ideal for diverse applications like power tools, fans, and drones.
Motor Driver IC Market Analysis
Based on type, the market is divided into brushed dc motor driver IC, brushless DC motor driver IC, and stepper motor driver IC. The brushed dc motor driver IC segment is expected to reach a value over USD 30 billion by 2032.
- Brushed DC motors are used in a wide range of applications, from household appliances and automotive components to industrial machinery and consumer electronics. Their simplicity, reliability, and cost-effectiveness make them a preferred choice for many sectors, driving demand for brushed DC motor driver ICs.
- Brushed DC motors and their driver ICs are generally less expensive to produce and maintain compared to brushless DC motors and stepper motors. This cost advantage makes them attractive for use in high-volume, price-sensitive applications, contributing to their significant market share.
Based on voltage range, the market is divided into low voltage (up to 24V), medium voltage (24V to 60V), and high voltage (above 60V). The medium voltage (24V to 60V) segment is the fastest growing segment with a CAGR of over 20% between 2024 and 2032.
- Medium voltage motor driver ICs offer a balance between power efficiency and performance, making them suitable for a wide range of applications. They can drive motors with sufficient power while maintaining manageable heat dissipation and system complexity.
- This voltage range is particularly well-suited for applications such as electric vehicles, drones, industrial automation, and robotics, where higher power and efficiency are required without the complexity and cost associated with high voltage systems. The growing adoption of these applications is driving demand for medium voltage motor driver ICs.
North America dominated the global motor driver IC market in 2023, accounting for a share of over 25%. The region is home to a robust industrial base with advanced manufacturing and automation sectors, which are increasingly adopting motor driver ICs for enhanced efficiency and precision. The widespread adoption of electric vehicles (EVs) in North America, driven by supportive government policies and increasing consumer demand for eco-friendly transportation options, is another crucial factor propelling market growth.
US market is expanding rapidly due to the country's strong emphasis on technological innovation and industrial automation. The US has a well-established automotive industry, which is increasingly integrating motor driver ICs in electric and autonomous vehicles to improve performance and energy efficiency.
China motor driver IC market is witnessing robust growth due to the country's rapid industrialization and extensive manufacturing base. China's emphasis on electric vehicle (EV) production, driven by government subsidies and incentives, significantly boosts the demand for motor driver ICs. The country's commitment to green energy and reducing carbon emissions aligns with the increased adoption of energy-efficient motor driver ICs in various sectors, including automotive, consumer electronics, and industrial automation.
South Korea motor driver IC industry is expanding due to the country's strong technological infrastructure and leadership in electronics manufacturing. South Korea's well-established automotive industry, particularly in electric vehicles and autonomous driving technologies, significantly contributes to the market's growth. The nation's focus on smart factories and Industry 4.0 initiatives further drives the demand for advanced motor driver ICs, as these components are crucial for automation and efficient motor control.
Japan market is growing steadily, driven by the country's strong automotive industry and emphasis on advanced manufacturing. Japan is a global leader in automotive innovation, with significant investments in electric and hybrid vehicles, which require efficient and reliable motor driver ICs. The country's focus on precision and quality in manufacturing, combined with its expertise in robotics and automation, further supports the adoption of motor driver ICs in various industrial applications.
Motor Driver IC Market Share
Texas Instruments Inc. and Infineon Technologies AG hold a significant share in the motor driver IC industry. Texas Instruments is renowned for its innovative solutions and extensive portfolio of motor driver ICs, which cater to various applications ranging from automotive to industrial sectors. Their advanced technologies, robust performance, and reliable products have cemented their position as a market leader. Infineon Technologies AG, on the other hand, excels in offering high-efficiency motor driver ICs, particularly focusing on energy-efficient solutions. Their expertise in power semiconductors and strong presence in the automotive industry have contributed to their substantial market share.
Some other major players in the market are Analog Devices, Microchip Technology, Maxim Integrated, Renesas Electronics, Allegro MicroSystems, Mitsubishi Electric, Panasonic Corporation, and Qualcomm.
Motor Driver IC Market Companies
Major players operating in the motor driver IC industry are:
- Infineon Technologies AG
- NXP Semiconductors N.V.
- ON Semiconductor
- Rohm Semiconductor
- STMicroelectronics
- Texas Instruments Inc.
- Toshiba Corporation
Motor Driver IC Industry News
- In March 2024, Toshiba introduced the SmartMCD Series gate driver ICs, featuring the TB9M003FG model. This IC integrates a microcontroller with advanced motor control capabilities, including sensorless control for three-phase brushless DC motors. Designed for automotive applications, it enhances system compactness and reduces component counts while delivering quieter and more efficient motor operation.
- In February 2024, Microchip unveiled a new family of dsPIC33 DSC-based integrated motor drivers, designed to streamline motor control systems. These drivers combine digital signal controllers with advanced motor control features, including sensorless field-oriented control and high-resolution PWM. The launch also includes a development platform to facilitate easier and faster motor drive design.
The motor driver IC market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue (USD million) from 2021 to 2032, for the following segments:
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Market, By Type
- Brushed DC Motor Driver IC
- Brushless DC Motor Driver IC
- Stepper Motor Driver IC
Market, By Voltage Range
- Low Voltage (up to 24V)
- Medium Voltage (24V to 60V)
- High Voltage (above 60V)
Market, By Application
- Automotive
- Powertrain Control
- Body Electronics
- Infotainment
- Industrial Automation
- Robotics
- Conveyor Systems
- Consumer Electronics
- Home Appliances
- Personal Devices
- Healthcare
- Medical Devices
- Others
- Aerospace
- Defense
Market, By Technology
- CMOS (Complementary Metal-Oxide-Semiconductor)
- Bipolar
- BiCMOS (Bipolar-CMOS)
- GaN (Gallium Nitride)
- SiC (Silicon Carbide)
Market, By Functionality
- Speed Control
- Position Control
- Torque Control
Market, By Sales Channel
- Direct Sales
- Distributors
- Online Sales
The above information is provided for the following regions and countries:
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- ANZ
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- MEA
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
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