Motor Driver IC Market Size By Type (Brushed Motor Driver IC, Brushless Motor Driver IC, Stepper Motor Driver IC), By Maximum Supply Voltage (Below 12 V, 12 V - 24 V, 24 V - 48 V, Above 48 V), By Application (Automotive, Industrial, Consumer Electronics & Home Appliances, Medical & Healthcare Devices), COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2021 – 2027

Published Date: Nov 2021  |  Report ID: GMI5154  |  Authors: Ankita Bhutani, Preeti Wadhwani

Report Format: PDF   |   Pages: 250   |   Base Year: 2020




Summary Table of Contents Industry Coverage Methodology

Industry Trends

Motor Driver IC Market size valued at USD 1 billion in 2020 and is estimated to grow at over 5.5% CAGR between 2021 and 2027. The unit shipments are projected to reach 500 million units by 2027.
 

Motor Driver IC Market Overview

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The motor driver IC market growth is attributed to its rising adoption in automated home appliances such as washing machines, air conditioners, and air humidifiers, among others. The proliferation of advanced technologies, such as AI and IoT in automated home appliances, is supporting the market demand for motor driver IC. Several market players are engaged in developing new motor drivers to reduce noise in home appliances.
 

The motor driver IC (integrated circuit) is an electrical component that harnesses and controls the electrical power sent into the motor. This IC helps to provide sufficient electrical power to the motors as per the requirement. It has a wide range of applications in industrial, automotive, medical, and consumer electronics sectors for power management and controlling of rotary motors.
 

The COVID-19 pandemic had a significant impact on the motor driver IC market, resulting in the closure of several manufacturing facilities, supply chain disruptions, and international trade barriers. Owing to the increasing scarcity of semiconductors in early 2020, several automakers have reduced their production capacity, limiting market opportunities for motor driver IC.
 

However, by the middle of 2021, manufacturers were encouraged to restructure their production facilities and increase their investments in motor drive control technology in order to gain a significant competitive advantage in the market.
 

Increasing uptake of brushed motors in heavy-duty machinery will boost the market acceptance of motor driver IC

The brushed motor driver IC held a market share of around 40% in 2020 and is anticipated to witness 5% growth rate through 2027. The growth is impelled by the several advantages offered by the IC such as low-cost construction, smaller footprint, higher efficiency, and suitability for extreme environments.
 

Brushed motor IC is widely used in heavy-duty machinery such as dump trucks, bulldozers, excavators, telehandlers, motor graders, and compactors. These IC are also integrated into power tools such as drilling machines, grinders, sanders, vacuums, fans, and other motor-driven systems. The proliferation of heavy-duty machinery in North American economies including the U.S. and Canada is expected to fuel the usage of these motor driver IC during the forecast period. Several key market players are emphasizing on developing innovative and improved products with enhanced control capacity to increase their market footprint.
 

Rising adoption of high-power motor drivers in gardening tools to propel the market expansion

Motor Driver IC Market Share

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The 24 V – 48 V segment in the motor driver IC market accounted for 40% of revenue share in 2020 and is slated to attain a CAGR of 5.5% by 2027. The motor driver IC offers numerous benefits such as miniaturized size, high power motor control, and user safety. These ICs are highly integrated into handheld gardening tools such as lawnmowers, chainsaws, water pumps, and cordless shears for electrical power control applications.
 

The rising popularity of Do It Yourself (DIY) gardening activities across Japan will support the segment growth over the coming years. Several industry leaders are focusing on developing high voltage motor driver integrated circuits to cater to the high demand from industrial applications.
 

Proliferation of electric cars across European region will support the market progression

Motor Driver IC Market Size

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The automotive segment captured 40% of the motor driver IC market share in 2020 and is poised to showcase 6.5% gains till 2027. The growth can be credited to the growing need for security and safety applications such as active suspension control, electronic parking brake, fuel pump, and electronic seatbelt tensioners in the automotive industry.
 

Motor driver IC are used to provide optimized system cost and high performance for automotive applications. Adding to this, the increasing penetration of electric cars across Europe will stimulate the segment expansion. Several industry participants are extensively focusing on developing new motor ICs to address the rising demand from the automotive sector.
 

Favorable government initiatives to promote industrial automation will accelerate market revenue in the APAC region

APAC Motor Driver IC Market

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Asia Pacific motor driver IC market held 45% of revenue share in 2020 and is predicted to expand at over 6.5% during 2021 to 2027. The industry progression is led by the governments' increasing emphasis on promoting process automation in the manufacturing sector. For instance, in October 2021, the South Korean government announced its plan to fund USD 340 million for helping new start-ups and small & medium enterprises to establish smart factories. These factories are highly integrated with industrial robots, assembly lines, conveyor systems, and CNC machinery, which require motor drivers for process control operations. The widespread use of automation and robotics in smart factories will spur the industry growth.
 

Focus on new strategic initiatives to remain competitive in the industry

Prominent companies operating in the motor driver IC market include Allegro MicroSystems, Inc., Dialog Semiconductor, Diodes Incorporated, H&M Semiconductor, Infineon Technologies AG, Maxim Integrated, Melexis, and Toshiba Electronic Devices & Storage Corporation. These market players are extensively focusing on various strategies such as development of new products, mergers, and acquisitions in order to influence their product offerings and cater to competitiveness.
 

The motor driver IC market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2016 to 2027 for the following segments:

Market, By Type

  • Brushed motor driver IC
  • Brushless motor driver IC
  • Stepper motor driver IC

Market, By Maximum Supply Voltage

  • Below 12 V
  • 12 V - 24 V
  • 24 V - 48 V
  • Above 48 V

Market, By Application

  • Automotive
  • Industrial
  • Consumer Electronics & Home Appliances
  • Medical & Healthcare Devices
  • Others

The above information has been provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Thailand
  • Latin America
    • Brazil
    • Mexico
  • MEA
    • GCC
    • South Africa

 

Frequently Asked Questions (FAQ) :

Market size of motor driver IC was worth USD 1 billion in 2020 and may register 5.5% CAGR through 2027, with unit shipments expected to hit 500 million units.
The brushed motor driver IC segment held 40% of the industry share in 2020 and may record 5% CAGR through 2027, driven by the product’s advantages such as smaller footprint, suitability for extreme environments, high efficiency, and low-cost construction.
The automotive segment held 40% of the market share in 2020 and will showcase 6.5% gains up to 2027. The growth will be driven by the rising demand for safety applications such as electronic parking brake, fuel pump, and active suspension control.
Asia Pacific accounted for 45% of revenue share in 2020 and will register 6.5% growth rate during 2021 to 2027, due to increasing participation by government bodies in encouraging process automation in manufacturing.

Premium Report Details

  • Published Date: Nov 2021
  • Pages: 250
  • Tables: 423
  • Charts / Figures: 26
  • Companies covered: 19
  • Countries covered: 17

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