Global Motor and Solenoid Drivers Market to Reach USD 3.39 Billion by 2032, Growing at a CAGR of 6.5%

According to a new report from Intel Market Research, the global Motor and Solenoid Drivers market was valued at USD 2.29 billion in 2024 and is projected to reach USD 3.39 billion by 2032, growing at a CAGR of 6.5% during the forecast period (2025–2032). This growth is propelled by accelerating industrial automation, the global electric vehicle revolution, and expanding smart home applications requiring precise motion control and switching solutions.

What are Motor and Solenoid Drivers?

Motor and solenoid drivers are specialized integrated circuits designed to regulate and control the operation of electric motors and solenoid valves by managing power delivery, direction, and timing signals. These components serve as the critical interface between low-power control systems (like microcontrollers) and high-power actuators, enabling precise motion control in industrial systems, accurate positioning in robotics, and reliable switching in automotive and consumer applications.

Motor drivers handle functions including speed regulation, torque control, and directional management for various motor types, while solenoid drivers provide controlled current pulses to actuate electromagnetic valves and actuators. These devices increasingly incorporate advanced protection features such as overcurrent shutdown, thermal management, and fault diagnostics, making them indispensable in modern electronic systems where reliability and efficiency are paramount.

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Key Market Drivers

1. Industrial Automation and Industry 4.0 Adoption

The rapid expansion of industrial automation across global manufacturing sectors represents the primary growth driver for motor and solenoid drivers. With factories increasingly implementing Industry 4.0 technologies, demand for precise motion control systems has surged by approximately 24% between 2022-2024. Motor drivers enable accurate positioning in robotic arms, conveyor systems, and automated assembly lines, while solenoid drivers provide reliable actuation in pneumatic and hydraulic control systems. This trend is particularly strong in automotive and electronics manufacturing where precision and reliability directly impact production quality and throughput.

2. Electric Vehicle Production Expansion

The global transition toward electric mobility is creating unprecedented demand for high-performance motor drivers. Modern electric vehicles utilize numerous motor driver circuits for propulsion systems, battery management, thermal controls, and ancillary functions. With EV production projected to grow at a compound annual growth rate exceeding 21% through 2030, motor driver manufacturers are experiencing substantial order inflows. The industry's shift toward more efficient brushless DC motor systems particularly benefits integrated driver IC manufacturers as automakers seek compact, thermally efficient solutions that maximize driving range and reliability.

Furthermore, the recent introduction of 48V mild-hybrid systems across mainstream vehicle platforms has created additional demand vectors for medium-power motor drivers in the automotive sector, expanding the market beyond pure electric vehicles into conventional automotive platforms.

Market Challenges

• Semiconductor supply chain constraints: Persistent component shortages continue affecting market growth, with lead times extending to 52 weeks for certain driver ICs, particularly impacting automotive manufacturers operating on just-in-time production models.

• Thermal management complexities: As power densities in modern drivers increase by approximately 35% since 2018, thermal dissipation becomes increasingly challenging, especially in space-constrained applications like consumer electronics and automotive systems.

• Design integration hurdles: Increasing incorporation of protection circuitry and smart features requires more sophisticated driver designs, elevating development costs and extending qualification timelines, particularly for safety-critical applications.

Opportunities Ahead

The expanding smart home ecosystem presents significant growth potential for compact, low-power motor and solenoid drivers. Automated window treatments, smart locks, and robotic vacuum cleaners collectively represent a market segment growing at over 18% annually. These applications favor highly integrated driver solutions combining power electronics with IoT connectivity and advanced control algorithms.

The integration of artificial intelligence into motor control systems opens additional opportunities. Predictive maintenance capabilities and adaptive control algorithms are becoming key differentiators, particularly in industrial applications where downtime reduction is critical. Manufacturers investing in these intelligent features stand to gain substantial market share as end-users increasingly prioritize operational intelligence alongside basic functionality.

Emerging markets in Asia-Pacific and Latin America offer substantial growth potential through increasing industrial automation investments and rising consumer electronics production. Government initiatives promoting domestic manufacturing and technological self-reliance further accelerate adoption in these regions.

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Regional Market Insights

• Asia-Pacific: Dominates the global market both in production and consumption, driven by massive manufacturing infrastructure, rapid industrialization, and significant investments in automation and consumer electronics. China serves as the epicenter of production and consumption, supported by its robust automotive industry and government initiatives like "Made in China 2025."

• North America: Represents a mature yet technologically advanced market characterized by high adoption of cutting-edge applications and stringent quality requirements. The United States leads regional demand, driven by strong automotive industry presence, particularly in premium and electric vehicle segments, and significant focus on industrial automation and robotics.

• Europe: Market dynamics are shaped by strong automotive OEM presence and strict regulatory standards, especially concerning energy efficiency and electromagnetic compatibility. Germany, as the heart of the European automotive industry, generates substantial demand for high-performance drivers used in advanced vehicle systems and precision industrial equipment.

• Latin America, Middle East & Africa: Emerging markets showing gradual growth tied to automotive sector development and industrial modernization efforts, though adoption rates vary significantly based on economic conditions and industrial infrastructure development.

Market Segmentation

By Type

• Brushed DC Motor Drivers

• Brushless DC (BLDC) Motor Drivers

• Stepper Motor Drivers

• Solenoid Drivers

By Application

• Industrial Automation

• Automotive Systems

• Consumer Electronics

• Smart Home Devices

• Healthcare Equipment

• Others

By Power Range

• Low Power (<1A)

• Medium Power (1-10A)

• High Power (>10A)

By Region

• North America

• Europe

• Asia-Pacific

• Latin America

• Middle East & Africa

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Competitive Landscape

The global motor and solenoid drivers market features a diverse competitive environment with both established semiconductor giants and specialized component manufacturers. Renesas Electronics and NXP Semiconductors currently lead the market, collectively holding approximately 22% revenue share as of 2024. Their dominance stems from comprehensive product portfolios spanning automotive-grade and industrial automation solutions, coupled with extensive global distribution networks.

Infineon Technologies has emerged as a formidable competitor, particularly in the high-power segment, through strategic acquisitions and focused development of energy-efficient motor control ICs. Texas Instruments maintains significant market influence through its analog driver IC solutions, widely adopted in smart home appliances and precision industrial equipment.

The report provides detailed competitive analysis of key players including:

• Renesas Electronics Corporation

• NXP Semiconductors N.V.

• Texas Instruments Incorporated

• Infineon Technologies AG

• Toshiba Electronic Devices & Storage Corporation

• ON Semiconductor Corporation

• STMicroelectronics N.V.

• Allegro Microsystems, Inc.

• ROHM Semiconductor

• Mitsubishi Electric Corporation

Report Deliverables

• Global and regional market forecasts from 2025 to 2032

• Strategic insights into technological developments and innovation trends

• Market share analysis and competitive benchmarking

• Pricing trend analysis and supply chain assessment

• Comprehensive segmentation by type, application, power range, and geography

• End-user analysis and adoption patterns across industries

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About Intel Market Research

Intel Market Research is a leading provider of strategic intelligence, offering actionable insights in semiconductors, electronics, and industrial automation. Our research capabilities include:

• Real-time competitive benchmarking

• Global technology adoption monitoring

• Country-specific regulatory and market analysis

• Over 500+ technology and industrial reports annually

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