Brushless Motor Drive IC Market Revenue was valued at USD 2.5 Billion in 2024 and is estimated to reach USD 5.5 Billion by 2033, growing at a CAGR of 9.5% from 2026 to 2033.
The global brushless motor drive IC market was valued at USD 5.2 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 8.6% from 2023 to 2030. The increasing demand for high efficiency motors in various industrial applications, including automotive, robotics, and consumer electronics, is driving the market’s growth. Asia Pacific holds the largest share of the market, accounting for approximately 45% of the total market in 2022, owing to the rapid industrialization, growing automotive sector, and high production of electronic goods in countries like China, Japan, and South Korea. The region is expected to maintain its dominant position during the forecast period, with a CAGR of 9.2%. Europe and North America also contribute significantly to the market, with a combined share of around 40% in 2022. North America is particularly driven by the increasing adoption of electric vehicles (EVs), while Europe is witnessing growth due to advancements in automation and robotics in manufacturing processes.
The markets regional dynamics reflect the varied adoption of brushless motor drive ICs in different sectors, with several regions experiencing unique growth opportunities. The Latin American market, while smaller, is expected to grow at a healthy CAGR of 7.4%, driven by increasing infrastructure developments and a rising demand for energy efficient solutions. The Middle East and Africa, though still in the early stages of adoption, show a promising outlook with a projected CAGR of 8.1%, as these regions expand their industrial and automation sectors. Overall, the brushless motor drive IC market is seeing widespread demand across diverse industries, with distinct regional opportunities for growth and development.
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Texas Instruments
STMicroelectronics
ON Semiconductor
Infineon Technologies
ROHM Semiconductor
Allegro MicroSystems
Toshiba
Panasonic
NXP Semiconductors
Maxim Integrated
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Brushless Motor Drive IC Market
Brushless Direct Current (BLDC) Motors
Switched Reluctance Motors (SRM)
Permanent Magnet Synchronous Motors (PMSM)
Automotive
Industrial Automation
Consumer Electronics
Medical Devices
Aerospace & Defense
Low Voltage (Up to 24V)
Medium Voltage (24V to 60V)
High Voltage (Above 60V)
Integrated Drivers
Discrete Drivers
Smart Drivers
Closed-loop Control Systems
Open-loop Control Systems
Field-Oriented Control (FOC)
Sensorless Control Techniques
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Brushless Motor Drive IC Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Brushless Motor Drive IC Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Brushless Motor Drive IC Market, By Type
6. Global Brushless Motor Drive IC Market, By Application
7. Global Brushless Motor Drive IC Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Brushless Motor Drive IC Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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