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Motor Driver IC Market Is Set To Record Valuation Of US$ 1.6 Bn Over The Forecast Period 2022-2032

Motor Driver IC

The study analyzes crucial trends that are currently determining market growth. This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders and emerging players associated with Motor Driver IC  Market. The study also provides the dynamics that are responsible for influencing the future status of the market over the forecast period.

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Motor Driver IC Market: Segmentation

Fact.MR has studied the motor driver IC market with detailed segmentation on the basis of type, fabrication, material, application and key regions.

  • By Motor Type :

    • Brushed DC Motor
    • Brushless DC Motor
    • Stepper Motor
  • By Semiconductor :

    • Gallium Nitrate (GaN)
    • Silicon Carbide (SiC)
  • By Transistor Gate :

    • MOSFET
    • IGBT
  • By Isolation :

    • Magnetic
    • Capacitive
    • Optical
  • By Mode of Attachment :

    • On-Chip
    • Discrete
  • By Maximum Supply Voltage :

    • Below 12 volts
    • 12 – 24 volt
    • 24 – 48 Volts
    • Above 48 Volt
  • By Application :

    • Automotive
    • Aerospace and Defense
    • Industrial Automation
    • Consumer Electronics
    • Healthcare
    • Other
  • By Region :

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia
    • Oceania
    • MEA

Competitive Analysis: Product Portfolio Management and Capacity Expansion to Remain Key Focus Areas

Key players in the motor driver IC market are focusing on increasing their production capacity to meet mounting demand from OEM’s and commercial customers. With capacity expansion, companies are looking forward to collaboration with global suppliers to ensure their global presence. Adoption of push strategy has helped key players to increase flow of their product in the market and reach target customers.

Customized offerings with respect to clients’ requirements will remain a key to gaining distinct competitive edge. For instance, in September 2018, Toshiba expanded its production capacity by spending 30 billion yen ($270 million), adding 50% more capacity for power semiconductor devices which improve energy conservation in electric cars. The expansion was aimed at meeting the demand for technologically advanced ICs in the automotive industry.

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