Press release
Motor Driver IC Market is Expected to Grow at US$ 1.6 Bn by 2030
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.factmr.com/connectus/sample?flag=S&rep_id=3075
๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ ๐๐ซ๐จ๐ฆ ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ญ๐ฎ๐๐ฒ
โข Gallium nitride motor driver ICs are witnessing growth in demand owing to superior capabilities in minimizing risks of short circuits.
โข Power transistor applications are gaining sustained growth with use in renewable energy systems.
โข Asia Pacific is a major market for motor driver ICs, supported by industrial automation demand for power management in high voltage devices.
๐๐จ๐ญ๐จ๐ซ ๐๐ซ๐ข๐ฏ๐๐ซ ๐๐ ๐๐๐ซ๐ค๐๐ญ- ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ ๐๐๐ญ๐จ๐ซ๐ฌ
โข Motor driver ICs are gaining key growth opportunities in the in the automotive sector in application for HVAC, and oil pump systems.
โข Growing popularity of automated manufacturing facilities is likely to contribute to demand for motor driver ICs.
๐๐จ๐ญ๐จ๐ซ ๐๐ซ๐ข๐ฏ๐๐ซ ๐๐ ๐๐๐ซ๐ค๐๐ญ- ๐๐๐ฒ ๐๐๐ฌ๐ญ๐ซ๐๐ข๐ง๐ญ๐ฌ
โข Complexity in design of motor driver ICs are a key challenge for market players, hampering growth.
โข Highly competitive market landscape reduces profit opportunities for market players.
๐๐ก๐๐ซ๐ ๐๐จ๐ฎ๐ซ ๐๐๐ช๐ฎ๐ข๐ซ๐๐ฆ๐๐ง๐ญ๐ฌ & ๐๐๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ- https://www.factmr.com/connectus/sample?flag=RC&rep_id=3075
๐๐๐๐๐-๐๐ ๐๐ฆ๐ฉ๐๐๐ญ ๐จ๐ง ๐๐จ๐ญ๐จ๐ซ ๐๐ซ๐ข๐ฏ๐๐ซ ๐๐ ๐๐๐ซ๐ค๐๐ญ
The covid-19 outbreak has adversely impacted the growth prospects of the motor driver IC market in the short term. Temporary closure or restricted activity in varied industrial sectors are holding back the demand for motor driver ICs. In addition, lockdown measures have also impacted the production of these components, hurting growth. On the other hand, rising demand for automated robots in healthcare and disinfection applications during the pandemic are likely to create key growth opportunities for manufacturers to leverage in this period.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐
โข Maxim Integrated, Toshiba Corp., Rohm Co. Ltd., Mitsubishi Electric Corp. Semtech Corp., Texas Instruments, On Semiconductor, Allegro Microsystems, and ST Microelectronics N.V., are some of the leading motor driver IC market players.
โข Leading participants in the motor driver IC market have been investing extensively in product development, mass production, and launch strategies involving performance and application improvements.
โข For example, Power Integrations has unveiled the expansion to its range of BridgeSwitch motor driver ICs for voltages up to 400W. Toshiba Electronic Devices & Storage Corp. has launched the new
โข TC78H670FTG 18V/2.0A micro-stepping motor driver IC. Also, ST Microelectronics N.V. has revealed a new 44V motor driver IC with non-latching OCP characteristics.
๐ ๐ฎ๐ฅ๐ฅ ๐๐๐๐๐ฌ๐ฌ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฌ ๐๐ฏ๐๐ข๐ฅ๐๐๐ฅ๐ ๐๐ญ: https://www.factmr.com/checkout/3075
This study offers readers a comprehensive market forecast of the motor driver IC market. Global, regional and country-level analysis of the latest industry trends impacting the motor driver IC market is covered in this FACT.MR study. The report offers insights on the motor driver IC market on the basis of motor type (brushed DC, brushless DC, and stepper motor), semiconductor (gallium nitrate, and silicon carbide), transistor gate (MOSFET and IGBT), isolation (magnetic, capacitive, and optical), mode of attachment (on-chip, and discrete), maximum supply voltage (below 12 volts, 12 to 24 volt, 24 to 48 volts, and above 48 volts) and application (automotive, aerospace & defense, industrial automation, consumer electronics, healthcare, and others), across seven regions (North America, Latin America, Europe, South Asia, East Asia, Oceania, and MEA).
๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐ฆ๐จ๐ซ๐ ๐ซ๐๐ฅ๐๐ญ๐๐ ๐ฌ๐ญ๐ฎ๐๐ข๐๐ฌ ๐ฉ๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐๐ ๐๐ฒ ๐ ๐๐๐ญ.๐๐ ๐๐๐ฌ๐๐๐ซ๐๐ก: https://www.prnewswire.com/news-releases/increasing-usage-of-cloud-based-solutions-to-steer-digital-transaction-management-market-past-us-83-25-billion-by-2032--301628185.html
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com
About Fact.MR
Market research and consulting agency with a difference! That's why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range - from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we'll be an able research partner.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Motor Driver IC Market is Expected to Grow at US$ 1.6 Bn by 2030 here
News-ID: 2795570 • Views: โฆ
More Releases from Fact.MR
Bioinformatics Market is Growing at a CAGR of 13.4% by 2034 | Fact.MR Report
The latest report on the Bioinformatics Market, projecting robust growth driven by the increasing demand for genomic research, advancements in artificial intelligence (AI), and the rising adoption of precision medicine. Valued at USD 14.29 billion in 2024, the global market is forecast to expand at a compound annual growth rate (CAGR) of 13.4%, reaching USD 50.25 billion by 2034. This significant growth underscores the critical role of bioinformatics in decodingโฆ
Residential Robotic Vacuum Cleaner Market to Reach USD 11.6 Billion by 2033 | Ke โฆ
Fact.MR today released its latest report on the Residential Robotic Vacuum Cleaner Market, projecting robust growth driven by increasing demand for automation, busy lifestyles, and advancements in smart home technologies. Valued at USD 3.0 billion in 2023, the global market is forecast to expand at a compound annual growth rate (CAGR) of 14.4%, reaching USD 11.6 billion by 2033. This significant growth highlights the rising adoption of robotic vacuum cleanersโฆ
Brain-Computer Interface Market is Estimated to Reach USD 6.5 Billion by 2033
The global brain-computer interface (BCI) market was valued at USD 1.6 billion in 2022 and is projected to reach USD 6.5 billion by 2033, growing at a compound annual growth rate (CAGR) of 13.6% from 2023 to 2033. This expansion reflects the increasing adoption of BCI technologies in medical applications, driven by advancements in neuroscience, AI, and sensor technologies. BCIs enable direct communication between the brain and external devices, offeringโฆ
Orally Disintegrating Tablet Market is Projected to Reach USD 72.68 Billion by 2 โฆ
The global orally disintegrating tablet (ODT) market is valued at USD 24.45 billion in 2024 and is forecasted to expand at a compound annual growth rate (CAGR) of 11.5%, reaching USD 72.68 billion by 2034. This robust growth is driven by the increasing demand for patient-friendly dosage forms, particularly among the elderly, pediatric, and dysphagic populations, who benefit from ODTs' ease of administration without water and rapid dissolution. ODTs enhanceโฆ
More Releases for ICs
Europe Energy Measurement ICs Market Size 2025
"Introduction:
The Energy Measurement ICs market is experiencing significant growth, driven by the increasing demand for efficient energy management and the proliferation of smart devices. These integrated circuits play a crucial role in accurately measuring energy consumption in a wide range of applications, from smart meters to electric vehicle (EV) charging stations. Several key drivers are fueling this expansion, including the rising adoption of smart grid technologies, stringent government regulations promotingโฆ
Battery Authentication ICs Market
Battery Authentication ICs Market Analysis:
The global Battery Authentication ICs Market size was estimated at USD 635 million in 2023 and is projected to reach USD 1183.35 million by 2030, exhibiting a CAGR of 9.30% during the forecast period.
North America Battery Authentication ICs market size was USD 165.46 million in 2023, at a CAGR of 7.97% during the forecast period of 2025 through 2030.
To Read Full Market Report -
https://semiconductorinsight.com/report/battery-authentication-ics-market/
Battery Authentication ICsโฆ
Magnetic Position Sensor ICs Market
Magnetic position sensor ICs are tiny integrated circuits that detect the location of a magnet. They use the magnetic field to determine the magnet's position, either linear or rotary, without physically touching it. Magnetic position sensor ICs represent a transformative technology that is revolutionizing position sensing across various industries. As companies embrace automation, electrification, and innovation, magnetic position sensor ICs are poised to play an increasingly pivotal role inโฆ
Phased Array Beamforming ICs Market: Advanced ICs Enabling Precise Beamforming i โฆ
Global Phased Array Beamforming ICs Market Overview:
The Phased Array Beamforming ICs market is a broad category that includes a wide range of products and services related to various industries. This market comprises companies that operate in areas such as consumer goods, technology, healthcare, and finance, among others.
In recent years, the Phased Array Beamforming ICs market has experienced significant growth, driven by factors such as increasing consumer demand, technological advancements, andโฆ
Global Industrial Control Systems (ICS) Security Market
As per latest findings on ICS security components and solutions conducted by Global Market Estimates, the Industrial Control Systems (ICS) Security Market will have a growth rate of 8.2% during the forecast period. Factors responsible for its growth are the increasing number of cybercrimes on the ICS system and initiatives taken by the government to adopt new gird technology across the globe to utilize energy and technology to its fullestโฆ
Global Ethernet ICs Market Demand 2020-2025
This report also researches and evaluates the impact of Covid-19 outbreak on the Ethernet ICs industry, involving potential opportunity and challenges, drivers and risks. We present the impact assessment of Covid-19 effects on Ethernet ICs and market growth forecast based on different scenario (optimistic, pessimistic, very optimistic, most likely etc.).
Scope of the Report:
The report presents the market outlook for the Indian Phospho Gypsum product from the year 2019 to the year 2025.โฆ
