Low Voltage Motor Driver IC Market, Global Outlook and Forecast 2023-2028

Report ID: 1659801 | Published Date: Jan 2025 | No. of Page: 118 | Base Year: 2024 | Rating: 4.9 | Webstory: Check our Web story

Low-voltage motor driver IC is an integrated circuit chip suitable for low-voltage motors, usually used to control the motor. Low voltage motor driver ICs act as the interface between the microprocessor in the machine and the motor in the machine.
This report contains market size and forecasts of Low Voltage Motor Driver IC in global, including the following market information:
Global Low Voltage Motor Driver IC Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Low Voltage Motor Driver IC Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Low Voltage Motor Driver IC companies in 2021 (%)
The global Low Voltage Motor Driver IC market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
DC Motor Driver IC Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Low Voltage Motor Driver IC include Texas Instruments, STMicroelectronics, Infineon Technologies, Analog Devices, Toshiba, Sanken Electric, Power Integrations, NXP Semiconductors and Microchip Technology, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Low Voltage Motor Driver IC manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Low Voltage Motor Driver IC Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Low Voltage Motor Driver IC Market Segment Percentages, by Type, 2021 (%)
DC Motor Driver IC
Stepper Motor Driver IC
Global Low Voltage Motor Driver IC Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Low Voltage Motor Driver IC Market Segment Percentages, by Application, 2021 (%)
Automotive
Industrial
Consumer Electronics
Medical
Others
Global Low Voltage Motor Driver IC Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Low Voltage Motor Driver IC Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Low Voltage Motor Driver IC revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Low Voltage Motor Driver IC revenues share in global market, 2021 (%)
Key companies Low Voltage Motor Driver IC sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Low Voltage Motor Driver IC sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Texas Instruments
STMicroelectronics
Infineon Technologies
Analog Devices
Toshiba
Sanken Electric
Power Integrations
NXP Semiconductors
Microchip Technology
Panasonic
Nisshinbo Micro Devices
Melexis
ROHM Semiconductor
Onsemi
Diodes Incorporated
Monolithic Power Systems
Allegro MicroSystems
Renesas Electronics

Frequently Asked Questions
Low Voltage Motor Driver IC Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Low Voltage Motor Driver IC Market report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Low Voltage Motor Driver IC Market report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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