The global motor driver IC market is projected to grow 1.8x between 2020 and 2030, with an promising 6.2% CAGR. The coronavirus outbreak is likely to have a moderate impact on the global motor driver IC industry. Restricted activities in the automotive and industrial manufacturing industries are limiting the demand for motor driver ICs. However, niche applications in health care sector will provide opportunities for growth through the covid-19 crisis.
"Manufacturers using industrial robots make extensive use of motor driver ICs. Robots perform industrial operations with higher efficiency, accuracy, and also low energy consumption. This factor is essential for the growing adoption of motor driver ICs through the assessment period," says the FACT.MR study.
Request a sample of the report to gain more market insights at: https://www.factmr.com/connectus/sample?flag=S&rep_id=3173
Motor Driver IC Market- Key Takeaways
- Gallium nitride motor driver ICs are witnessing growth in demand owing to superior capabilities in minimizing risks of short circuits.
- Power transistor applications are gaining sustained growth with use in renewable energy systems.
- Asia Pacific is a major market for motor driver ICs, supported by industrial automation demand for power management in high voltage devices.
Motor Driver IC Market- Driving Factors
- Motor driver ICs are gaining key growth opportunities in the in the automotive sector in application for HVAC, and oil pump systems.
- Growing popularity of automated manufacturing facilities is likely to contribute to demand for motor driver ICs.
Motor Driver IC Market- Key Restraints
- Complexity in design of motor driver ICs are a key challenge for market players, hampering growth.
- Highly competitive market landscape reduces profit opportunities for market players.
COVID-19 Impact on Motor Driver IC Market
The covid-19 outbreak has adversely impacted the growth prospects of the motor driver IC market in the short term. Temporary closure or restricted activity in varied industrial sectors are holding back the demand for motor driver ICs. In addition, lockdown measures have also impacted the production of these components, hurting growth. On the other hand, rising demand for automated robots in healthcare and disinfection applications during the pandemic are likely to create key growth opportunities for manufacturers to leverage in this period.
Explore the global Motor Driver IC market with 265 figures, 128 data tables, along with the table of contents of the report. You can also find detailed segmentation on: https://www.factmr.com/connectus/sample?flag=RM&rep_id=3173
Competitive Landscape
Maxim Integrated, Toshiba Corp., Rohm Co. Ltd., Mitsubishi Electric Corp. Semtech Corp., Texas Instruments, On Semiconductor, Allegro Microsystems, and ST Microelectronics N.V., are some of the leading motor driver IC market players.
Leading participants in the motor driver IC market have been investing extensively in product development, mass production, and launch strategies involving performance and application improvements.
For example, Power Integrations has unveiled the expansion to its range of BridgeSwitch motor driver ICs for voltages up to 400W. Toshiba Electronic Devices & Storage Corp. has launched the new
TC78H670FTG 18V/2.0A micro-stepping motor driver IC. Also, ST Microelectronics N.V. has revealed a new 44V motor driver IC with non-latching OCP characteristics.
About the Report
This study offers readers a comprehensive market forecast of the motor driver IC market. Global, regional and country-level analysis of the latest industry trends impacting the motor driver IC market is covered in this FACT.MR study. The report offers insights on the motor driver IC market on the basis of motor type (brushed DC, brushless DC, and stepper motor), semiconductor (gallium nitrate, and silicon carbide), transistor gate (MOSFET and IGBT), isolation (magnetic, capacitive, and optical), mode of attachment (on-chip, and discrete), maximum supply voltage (below 12 volts, 12 to 24 volt, 24 to 48 volts, and above 48 volts) and application (automotive, aerospace & defense, industrial automation, consumer electronics, healthcare, and others), across seven regions (North America, Latin America, Europe, South Asia, East Asia, Oceania, and MEA).
Press Release: https://www.factmr.com/media-release/1594/global-motor-driver-ic-market
Analysis of the Global Motor Driver IC MarketA new study published by Fact.MR on the global Motor Driver IC market includes a global analysis and opportunity assessment for the period 2019-2029.
The report offers a comprehensive assessment of the key market dynamics in detail.
The analysts take into account the historic as well as the current growth parameters to project the growth of the Motor Driver IC market with maximum accuracy.Global motor driver IC market is projected to register a CAGR of 6.2% during the assessment period (2020-2030) and hit a valuation of ~US$ 1.6 Bn by 2030-end.
The report provides a Y-o-Y growth trend analysis and the current and future market volume projections (Units) for the assessment period.
The impact of the novel COVID-19 pandemic on the Motor Driver IC market is assessed in the report along with valuable insights pertaining to how market participants are adapting to the current situation.Request to View Sample of Research Report @ https://www.factmr.com/connectus/sample?flag=S_id=3173In a bid to recognize the growth prospects in the Motor Driver IC market, the market study has been geographically fragmented into important regions that are progressing faster than the overall market.
Each segment of the Motor Driver IC market has been individually analyzed on the basis of pricing, distribution, and demand prospect for the following regions:North AmericaLatin AmericaEuropeJapanAPEJMEAThe key players in the global Motor Driver IC market report consist ofToshiba CorporationMitsubishi Electric CorporationTexas InstrumentsAllegro Microsystems, LLCEach market player encompassed in the Motor Driver IC market study is assessed according to its market share, production footprint, current launches, agreements, ongoing R projects, and business tactics.
The new report on the Cutlery market provides estimations of the size of the global market and share and size of key regional markets during the historical period of 2015 – 2019.
The business intelligence study offers readers a granular assessment of key growth dynamics, promising avenues, and the competitive landscape of the Cutlery market.The novel Coronavirus (COVID-19) has caused a slowdown in business activities of the Cutlery Market.
With the help of our upcoming report, market players can gain important insights on alternative strategies that can help in revenue generation.
The leading factors that are likely to impact the growth of the Cutlery Market over the assessment period are thoroughly analyzed in the report.Request for Sample Report with Statistical Info @ https://www.factmr.com/connectus/sample?flag=S_id=5201To offer a comprehensive assessment of opportunities, the study makes a scrutiny of growth prospects in various regions.
The key regions comprise the following geographical segments:North America (U.S., Canada)Latin America (Brazil, Mexico, Argentina, Rest of Latin America)Europe (Germany, Italy, France, U.K., Spain, Benelux, Russia, Rest of Europe)East Asia (China, Japan, South Korea)JapanAPEJ (China, India, Indonesia, Thailand, Singapore, Australia & New Zealand, Rest of Asia Pacific)South Asia & Oceania (India, Thailand, Indonesia, Malaysia, Australia & New Zealand, Rest of South Asia & Oceania)Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa, Rest of Middle East & Africa)The detailed assessments focus on, inter alia, on the regulatory and macroeconomic frameworks, prevailing pricing structure, imminent investment pockets, and emerging application areas.
Taking the analysis further, the study helps readers get a better understanding of the trends characteristics of the emerging markets, including government regulations crucial to growth of such markets.
Earwax removal aids are the medical tools used to remove earwax caused due to excessive formation of cerumen.
The earwax removal aid includes micro-suction device, earwax removal irrigation kits, earwax removal drops, earwax removal loops, earwax removal syringes, and portable ear cleaning devices.
According to the Fact.MR report, retail sales, especially in developing regions, is projected to show remarkable growth, due to easy availability of over-the-counter earwax removal aids.Request Sample Report - https://www.factmr.com/connectus/sample?flag=S_id=4100The healthcare industry is consistently witnessing an uplift in the number of ENT surgeries every year, globally, due to rising prevalence of ENT-related disorder.
This is the major factor responsible for the growth of the earwax removal aid market.Adult Age Group Remains the Target Population for ManufacturersUse of earwax removal kits among adults are likely to grow in the coming years, as carelessness, and negligence of cerumen impaction symptoms along with high adoption of self-diagnosis treatment continue to increase the risk of infection, affecting the ear-health adversely.
This trend of the social media platform has upsurge the awareness, and in turn, increased the treatment-seeking population.Preview Analysis of Global Earwax Removal Aid Market research report Segmented By Product Type (Micro-Suction Device, Ear Wax Removal Irrigation Kits, Ear Wax Removal Drops, Ear Wax Removal Loops, Ear Wax Removal Syringes, Portable Ear Cleaning Devices), By Age Group (Pediatric, Adults, Geriatric), By Distribution Channel, & by Region - https://www.factmr.com/report/4100/earwax-removal-aid-marketProduct Sales through Online Platforms to Boost the Market GrowthSale of products through online platforms such as Amazon, Flipkart, eBay, and others are gaining momentum among manufacturers, and are expected to drive the demand for earwax removal aid devices.
Also, costs of the earwax removal aids are very economical and many generic products are available in the earwax removal aids market.
Fact.MR’s Report on Global Pea Fiber MarketPea fiber is a byproduct which is extracted from the seeds and pods of a pea plant.
Pea fiber comprises high levels of protein, and does not contain any cholesterol either.
Consequently pea fiber is expected to gain traction around the world.Its nutritive properties has made pea fiber an increasingly popular ingredient in a number of pharmaceutical and food products.
The report presents detailed insights about each market player, including SWOT analysis, main market information, market share, revenue, pricing and gross margin.
Prominent players covered in this research are Nutraonly (Xi'an) Nutritions Inc, G.S.
DUNN DRY MUSTARD MILLERS, Belle Pulses, Parrish & Heimbecker Limited, InterFiber, Quadra Chemicals, Cosucra, Vestkorn Milling AS, Farbest Brands, A Ingredients Inc., Puris Proteins, LLC, Emsland Group, Roquette Freres SA, AM Nutrition and Avena Foods, Limited.The pea fiber market report addresses the below-mentioned queries:Why are vendors shifting away from traditional methods of manufacturing pea fiber market?How does the global pea fiber market looks like in the next five years?Which end use industry is expected to surpass segment by the end of 2029?What innovative products are being introduced by the players in the global pea fiber market?Which regions are showing the fastest market growth?Request for Report Methodology: https://www.factmr.com/connectus/sample?flag=RM_id=4312Pelletization and Backward Integration are Key StrategiesThe global market of pea fiber is largely consolidated in nature and a major share in terms of pea fiber is from major names such as Quadra Chemicals, Roquette Freres, Cosucra, Emsland Group, and Puris Proteins.Such major pea fiber producers are boosting their revenue through the use of new extraction and drying processes, with the aim of bolstering production capacities.
