Intelligent Motor Controller Market is Projected to Grow Expeditiously: to Reach $2.28 Billion by 2029
For those planning market entry or expansion, this report lays out critical data and expert analysis on the intelligent motor controller industry landscape.
How Much Is The Intelligent Motor Controller Market Worth?
The intelligent motor controller market size has grown strongly in recent years. It will grow from $1.62 billion in 2024 to $1.72 billion in 2025 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to increasing industrial automation, a rise in energy efficiency regulations, the adoption of variable frequency drives, growth in manufacturing activities, and rising demand for process optimization.
The intelligent motor controller market size is expected to see strong growth in the next few years. It will grow to $2.28 billion in 2029 at a compound annual growth rate (CAGR) of 7.2%. The growth in the forecast period can be attributed to the expansion of smart factories, the rise in electric vehicle production, the focus on energy conservation, the demand for predictive maintenance, and the adoption of the Internet of Things in motors. Major trends in the forecast period include advancements in control algorithms, integration with artificial intelligence, development of compact and modular controllers, increasing research on wireless motor control, and innovations in sensorless control technology.
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What Are The Current Leading Growth Drivers For Intelligent Motor Controller Market?
The rising demand for smart factories and Industry 4.0 solutions is expected to propel the growth of the intelligent motor controller market going forward. Smart factories and Industry 4.0 solutions refer to highly digitized and connected manufacturing systems that use advanced technologies to improve productivity, flexibility, and operational efficiency in industrial environments. The rise of smart factories and Industry 4.0 is driven by the demand for greater efficiency through automation and data-driven process optimization. Intelligent motor controllers help smart factories and Industry 4.0 solutions by enabling real-time monitoring, diagnostics, and predictive maintenance of motor-driven systems. For instance, in April 2024, according to Rockwell Automation, Inc., a US-based automation company, 95% of manufacturers in the US are using or evaluating smart manufacturing technology in 2023, up from 84% in 2023. Therefore, the rising demand for smart factories and Industry 4.0 solutions is driving the growth of the intelligent motor controller market.
Which Segment Accounted For The Largest Intelligent Motor Controller Market Share?
The intelligent motor controller market covered in this report is segmented –
1) By Product: Alternating Current Motor Controllers, Direct Current Motor Controllers, Servo Motor Controllers, Stepper Motor Controllers
2) By Technology: Digital Control, Analog Control, Closed Loop Control, Open Loop Control
3) By Voltage: Low, Medium
4) By Application: Speed Control, Torque Control, Start Or Stop Control, Protection, Diagnostics
5) By Industry: Food And Beverage, Pharmaceuticals, Oil And Gas, Chemicals And Petrochemicals, Water And Wastewater, Power Generation, Metals And Mining, Cement And Aggregates, Other Industries
Subsegments:
1) By Alternating Current Motor Controllers: Single-Phase Alternating Current (AC) Motor Controllers, Three-Phase Alternating Current (AC) Motor Controllers, Variable Frequency Drives (VFDs), Soft Starters
2) By Direct Current Motor Controllers: Brushed Direct Current (DC) Motor Controllers, Brushless Direct Current (BLDC) Motor Controllers, Pulse Width Modulation (PWM) Controllers, Linear Controllers
3) By Servo Motor Controllers: Analog Servo Controllers, Digital Servo Controllers, Single-Axis Servo Controllers, Multi-Axis Servo Controllers
4) By Stepper Motor Controllers: Open-Loop Stepper Controllers, Closed-Loop Stepper Controllers, Microstepping Controllers, Bipolar And Unipolar Stepper Controllers
Intelligent Motor Controller Market Emerging Trends And Opportunities
Major companies operating in the intelligent motor controller market are focusing on developing advanced products, such as inductive position sensors, to enable seamless integration with smart industrial systems. Inductive position sensors provide precise, contactless detection of motor shaft position by sensing variations in electromagnetic fields, delivering real-time feedback that enhances motor control and overall system efficiency. For instance, in June 2022, Microchip Technology Inc., a US-based semiconductor company specializing in embedded control solutions, launched the LX34070 IC for electric vehicle (EV) motor control applications. It includes differential outputs, fast sampling rates, and compliance with ISO 26262 Automotive Safety Integrity Level–C (ASIL-C) standards, making it functional-safety-ready. The LX34070 eliminates the need for magnets and bulky resolver components by using cost-effective, PCB-based inductive sensing, which enables lighter, more compact, and more reliable designs.
Which Are The Top Companies To Hold The Market Share In Intelligent Motor Controller Market?
Major companies operating in the intelligent motor controller market are Siemens AG, General Electric Company, Schneider Electric SE, ABB Ltd., Larsen & Toubro Limited, Texas Instruments Incorporated, Nidec Corporation, Emerson Electric Co., NXP Semiconductors N.V., Rockwell Automation Inc., Qorvo Inc., Yaskawa Electric Corporation, Maxon Motor AG, Kollmorgen Corporation, 4Sight Holdings, LS Electric Co. Ltd., Nanotec Electronic GmbH & Co. KG, Vishwjeet Techno Components Private Limited, Roboteq Inc., Guangdong SigGear Drive Intelligent Technology Co. Ltd.
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Which Region Is Projected To Account For The Largest Share Of The Intelligent Motor Controller Market?
North America was the largest region in the intelligent motor controller market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the intelligent motor controller market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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