Motor Driver ICs: Introduction

  • A motor driver IC is an integrated circuit chip, which is used to control motors in autonomous robots. A motor driver IC acts as an interface between the motor and microprocessors in the robot.
  • A majority of microprocessors require low voltage and a small amount of current to operate, whereas motors require relatively high voltage and current to operate. Hence, motor driver ICs are primarily used in autonomous robotics, as current cannot be supplied to the motor from the microprocessor.
  • Additionally, motor driver ICs help perform various operations, such as selecting the reverse or forward rotation of the motor, protecting against overload, and regulating the motor speed
  • Motor driver ICs are available with three types of motors i.e. brushed DC motor, brushless DC motor, and stepper motor
  • Motor driver ICs are used in multiple applications such as printers, scanners, sunroofs, wipers, HVAC blowers, and radiator fans. These ICs are employed in several end-use sectors such as automotive, industrial, medical, and consumer electronics. 

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Rise in Demand for Motor Driver ICs for Use in Industrial Automation

  • Motor driver ICs are largely used in industrial automation processes, such as tool machines and robots, logistics systems, food, and packaging. This is considered a major factor driving the global motor driver ICs market.
  • In industrial automation, in order to speed up the assembly line process, manufacturers are using industrial robots that are operated and controlled by using motor drivers. These robots perform operations at a high speed and with high accuracy and they consume less power. This makes the operation more efficient.
  • As a result of these advantages, the demand for motor driver ICs for use in industrial automation applications is increasing. This is expected to drive the global motor driver ICs market during the forecast period. 

Automotive Segment to Witness Lucrative Opportunities

  • The automotive industry has emerged as an attractive sector for investments for organizations across the globe. In the automotive industry, motor driver ICs are increasingly used in automobiles for HVAC blowers, radiator fans, sunroofs, wipers, and oil pumps.
  • Manufacturers mostly provide motor driver ICs with brushless DC motors instead of those with brushed DC motors, as they have higher efficiency and longer lifespan. Also, they lack brush-generated electrical noise.
  • Moreover, use of motor driver ICs offers protection against faults in power supply, due to which these devices are significantly used in automobiles
  • Thus, rise in the use of motor driver ICs in automobiles is expected to offer lucrative opportunities to the global motor driver ICs market during the forecast period 

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North America to Lead Global Motor Driver ICs Market

  • In terms of region, the global motor driver ICs market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa
  • North America is anticipated to dominate the global motor driver ICs market throughout the forecast period, as a large number of manufacturers of motor driver ICs operate in the region and they are constantly investing in electronic components
  • The motor driver ICs market in Europe and Asia Pacific is expected to expand at a substantial rate during the forecast period. On the other hand, the market in Middle East & Africa and South America is estimated to expand at a moderate pace during the forecast period. 

Key Players Operating in Global Motor Driver ICs Market

The global motor driver ICs market was highly fragmented in 2018. Major players operating in the global market are focusing on technological advancements and expansions to meet the risen demand for motor driver ICs. Moreover, manufacturers are entering into partnerships for the development of innovative products.

Key players operating in the global motor driver ICs market are:

  • ABB
  • Allegro MicroSystems, LLC
  • Infineon Technologies AG
  • Maxim Integrated
  • Microchip Technology Inc.
  • NXP Semiconductors
  • On Semiconductor
  • Panasonic Corporation
  • Rockwell Automation, Inc.
  • STMicroelectronics
  • Texas Instruments Incorporated
  • TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION 

Global Motor Driver ICs Market: Research Scope 

Global Motor Driver ICs Market, by Motor Type

  • Brushed DC Motor
  • Brushless DC Motor
  • Stepper Motor 

Global Motor Driver ICs Market, by Application

  • Printers
  • Scanners
  • Robotics
  • HVAC Blowers
  • Gaming Machines
  • Others 

Global Motor Driver ICs Market, by End-use Industry

  • Automotive
  • Industrial
  • Medical
  • Consumer Electronics
  • Others

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

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The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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