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Motor Driver IC Market Share

Report ID: GMI5154
Published Date: Aug 2024
Report Format: PDF

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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 Industr

Authors: Suraj Gujar, Rutvij Kshirsagar

Frequently Asked Questions (FAQ) :

The market size for motor driver IC was valued at USD 12.08 billion in 2023 and is anticipated to grow over 20% CAGR between 2024 and 2032 driven by the increasing adoption of automation and robotics across various industries.

The medium voltage (24V to 60V) segment in the motor driver IC market will record 20% CAGR between 2024 and 2032 backed by power efficiency and performance.

North America motor driver IC market held over 25% share in 2023 attributed to the robust industrial base with advanced manufacturing and automation sectors.

Infineon Technologies AG, NXP Semiconductors N.V., ON Semiconductor, Rohm Semiconductor, STMicroelectronics, Texas Instruments Inc., and Toshiba Corporation