Built for executives and teams involved in growth planning, this research offers a data-driven view of the motor control ic's industry’s direction and competitive environment.
What Is The Current Outlook For The Motor Control IC's Market By 2025?
The motor control ic's market size has grown strongly in recent years. It will grow from $5.46 billion in 2024 to $5.78 billion in 2025 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to growing automotive production, industrial automation expansion, increased consumer electronics usage, the rise of energy-efficient appliances, and demand for electric power steering systems.
The motor control ic's market size is expected to see strong growth in the next few years. It will grow to $7.58 billion in 2029 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period can be attributed to growth in electric vehicle production, expansion of smart factories, rising adoption of robotics, focus on energy conservation, and proliferation of home automation solutions. Major trends in the forecast period include advancements in semiconductor technology, innovations in integrated motor control solutions, development of high-voltage motor drivers, technological advancements, and miniaturization of motor control IC's.
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What Are The Key Driving Factors For The Growth Of The Motor Control IC's Market?
The increasing penetration of electric vehicles is expected to propel the growth of the motor control ICs market going forward. Electric vehicles are vehicles that are powered entirely or partly by electricity, using one or more electric motors for propulsion, which typically rely on rechargeable batteries as their primary source of energy, unlike conventional vehicles that use internal combustion engines powered by fossil fuels. Electric vehicles are increasing primarily due to growing environmental concerns, which are driving consumer demand and government incentives for cleaner, low-emission transportation alternatives. Motor control ICs help electric vehicles by precisely managing the electric motor’s operation to ensure efficient speed, torque, and power delivery. For instance, according to the International Energy Agency, a France-based intergovernmental organization, global electric car sales rose from 14 million in 2023 to 17 million in 2024, reflecting strong year-on-year growth. Therefore, the increasing penetration of electric vehicles is driving the growth of the motor control ICs market.
Global Motor Control IC's Market Report Segmentation
The motor control ic's market covered in this report is segmented –
1) By Type: Brushed Direct Current Motor Control IC, Brushless Direct Current Motor Control IC, Stepper Motor Control IC
2) By Control Algorithm: Vector Control, Field Oriented Control, Proportional Integral Derivative Control, Direct Torque Control
3) By Application: Automotive, Industrial, Consumer Electronics, Healthcare, Other Applications
4) By End-User: Original Equipment Manufacturers, Aftermarket
Subsegments:
1) By Brushed Direct Current Motor Control IC: Single-Channel Drivers, Dual H-bridge Drivers, Low-voltage BDC Motor Controllers, Integrated Controller-Driver Solutions
2) By Brushless Direct Current Motor Control IC: Sensor-based BLDC Controllers, Sensorless BLDC Controllers, Sinusoidal Commutation Controllers, Field-Oriented Control (FOC) Drivers
3) By Stepper Motor Control IC: Unipolar Stepper Drivers, Bipolar Stepper Drivers, Microstepping Drivers, Integrated Motion Controllers For Stepper Motors
What Are The Key Trends And Market Opportunities In The Motor Control IC's Sector?
Major companies operating in the motor control ICs market are focusing on developing innovative technologies, such as 3-phase gate drivers, to boost efficiency and simplify motor control systems. A 3-phase gate driver is an integrated circuit (IC) designed to control the switching of the three high-side and low-side transistors (typically MOSFETs or IGBTs) in a 3-phase motor. For instance, in June 2022, Infineon Technologies AG, a Germany-based semiconductor manufacturing company, introduced a fully integrated MOTIX motor controller and a three-phase gate driver designed to enhance the efficiency, performance, and reliability of electric vehicle motor systems, enabling smoother operation and greater energy savings. The 3-phase gate driver enhances the switching performance of power transistors, ensuring smooth and efficient power delivery to the motor. The system provides built-in safety features, such as overcurrent and overtemperature protection, while supporting a wide range of voltage levels. This integration not only boosts system reliability but also enables space and cost savings, making it ideal for high-performance applications in electric vehicles, industrial automation, and renewable energy systems.
Who Are The Leading Players In The Motor Control IC's Market?
Major companies operating in the motor control ic's market are Panasonic Corporation, Mitsubishi Electric Corporation, Toshiba Corporation, Texas Instruments Inc., STMicroelectronics N.V., Infineon Technologies AG, NXP Semiconductors N.V., Analog Devices Inc., Renesas Electronics Corporation, ON Semiconductor Corporation, Microchip Technology Inc., Rohm Semiconductor, Monolithic Power Systems, Diodes Incorporated, Silicon Labs, Allegro MicroSystems LLC, Power Integrations Inc., Vishay Intertechnology Inc., Sanken Electric Co. Ltd., Melexis NV
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Which Region Is Projected To Hold The Largest Market Share In The Global Motor Control IC's Market By 2029?
North America was the largest region in the motor control ICs market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the motor control ic's market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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