Europe Motor Driver IC Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Motor Type (Brushed DC Motor, Brushless DC Motor, and Stepper Motor), Semiconductor (Gallium Nitrate (GaN), and Silicon Carbide (SiC)), Semiconductor (Automotive, Aerospace and Defense, Industrial Automation, Consumer Electronics, and Healthcare)

Name: Europe Motor Driver IC Market
SKU: Electronics and Semiconductor
Rating: 4.9 (14 reviews)

The Europe motor driver IC market is expected to reach US$ 1,252.2 million by 2028 from US$ 864.7 million in 2021. The market is estimated to grow at a CAGR of 5.4% from 2021–2028.

The industrial internet of things (IIoT) uses networked sensors and intelligent devices to collect data for artificial intelligence and predictive analytics on the production floor. The Internet of Things (IoT) has changed the way most industrial processes are carried out, including how items are created and distributed, how data is collected from areas that are too dangerous for human operators, and how product quality is maintained. Similarly, the IIoT has been a driving factor behind improved agricultural productivity at lower costs in the face of an ever-increasing population. According to several studies, the adoption of smart solutions driven by IoT in farm operations will expand in the near future. Studies claim that the agriculture business will witness a 20% compound annual growth rate in IoT device installation, with the number of connected devices (agricultural) reaching 225 million by 2024. As a result, the expanding influence of IoT across sectors bodes well for motor driver IC manufacturers, resulting in an increased customer base.

In Europe, the COVID-19 pandemic has a different impact on different countries, as only selective countries have witnessed the rise in the number of cases and subsequently attracted strict during the second wave, as well as prolonged, lockdown periods or social isolation norms. However, Western European countries such as Germany, France, Russia, and the UK have seen a comparatively modest decrease in their growth activities because of their strong healthcare systems. These countries have been investing significantly towards the diagnosis and treatment of the disease effectively and in less time. Traditional corporate frameworks have been swiftly replaced by more innovative business concepts. Despite the fact that several industries experienced negative impact, the electronic industry observed positive outcome and is projected to rebound more quickly than others. This has led the motor driver IC market players to witness positive growth in their revenues in 2020 and is also expected to continue to witness positive revenue generation in the coming years.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the motor driver IC market. The Europe motor driver IC market is expected to grow at a good CAGR during the forecast period.

Europe Motor Driver IC Market Revenue and Forecast to 2028 (US$ Million)

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Europe Motor driver IC Market Segmentation
By Motor Type

Brushed DC Motor
Brushless DC Motor
Stepper Motor

By Semiconductor

Gallium Nitrate (GaN)
Silicon Carbide (SiC)

By Application

Automotive
Aerospace and Defense
Industrial Automation
Consumer Electronics and Home Appliances
Healthcare

By Country

Companies Mentioned

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Motor Driver IC Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 Europe PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. Motor Driver IC Market – Key Market Dynamics

5.1 Key Market Drivers

5.1.1 Growing Production of Consumer Electronics

5.1.2 Increasing Adoption of Internet of Things (IoT) across Industries

5.2 Key Market Restraints

5.2.1 Accuracy over High Current Range

5.3 Key Market Opportunities

5.3.1 Growing Automotive Industry and Rising Adoption of Electric Vehicles

5.4 Future Trends

5.4.1 Emergence of Gallium Nitrate (GaN) ICs

5.5 Impact Analysis of Drivers and Restraints

6. Motor Driver IC Market – Europe Analysis

6.1 Motor Driver IC Market Europe Overview

6.2 Motor Driver IC Market – Europe Revenue and Forecast to 2028 (US$ Million)

6.3 Market Positioning – Five Key Players

7. Motor Driver IC Market Analysis – By Motor Type

7.1 Overview

7.2 Motor Driver IC Market, By Motor Type (2020 and 2028)

7.3 Brushed DC Motor

7.3.1 Overview

7.3.2 Brushed DC Motor: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Brushless DC Motor

7.4.1 Overview

7.4.2 Brushless DC Motor: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)

7.5 Stepper Motor

7.5.1 Overview

7.5.2 Stepper Motor: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)

8. Motor Driver IC Market – By Semiconductor

8.1 Overview

8.2 Motor Driver IC Market, by Semiconductor (2020 and 2028)

8.3 Gallium Nitrate (GaN)

8.3.1 Overview

8.3.2 Gallium Nitrate (GaN): Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Silicon Carbide (SiC)

8.4.1 Overview

8.4.2 Silicon Carbide (SiC): Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)

9. Motor Driver IC Market – By Application

9.1 Overview

9.2 Motor Driver IC Market, by Application (2020 and 2028)

9.3 Automotive

9.3.1 Overview

9.3.2 Automotive: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)

9.4 Aerospace and Defense

9.4.1 Overview

9.4.2 Aerospace and Defense: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)

9.5 Industrial Automation

9.5.1 Overview

9.5.2 Industrial Automation: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)

9.6 Consumer Electronics and Home Appliances

9.6.1 Overview

9.6.2 Consumer Electronics and Home Appliances: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)

9.7 Healthcare

9.7.1 Overview

9.7.2 Healthcare: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)

10. Motor Driver IC Market – Geographic Analysis

10.1 Europe: Motor Driver IC Market

10.1.1 Europe: Motor Driver IC Market- by Motor Type

10.1.2 Europe: Motor Driver IC Market- By Semiconductor

10.1.3 Europe: Motor Driver IC Market- By Application

10.1.4 Europe: Motor Driver IC Market- by Key Country

10.1.4.1 Germany: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)

10.1.4.1.1 Germany: Motor Driver IC Market- by Motor Type

10.1.4.1.2 Germany: Motor Driver IC Market- By Semiconductor

10.1.4.1.3 Germany: Motor Driver IC Market- By Application

10.1.4.2 France: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)

10.1.4.2.1 France: Motor Driver IC Market- by Motor Type

10.1.4.2.2 France: Motor Driver IC Market- By Semiconductor

10.1.4.2.3 France: Motor Driver IC Market- By Application

10.1.4.3 Italy: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)

10.1.4.3.1 Italy: Motor Driver IC Market- by Motor Type

10.1.4.3.2 Italy: Motor Driver IC Market- By Semiconductor

10.1.4.3.3 Italy: Motor Driver IC Market- By Application

10.1.4.4 UK: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)

10.1.4.4.1 UK: Motor Driver IC Market- by Motor Type

10.1.4.4.2 UK: Motor Driver IC Market- By Semiconductor

10.1.4.4.3 UK: Motor Driver IC Market- By Application

10.1.4.5 Russia: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)

10.1.4.5.1 Russia: Motor Driver IC Market- by Motor Type

10.1.4.5.2 Russia: Motor Driver IC Market- By Semiconductor

10.1.4.5.3 Russia: Motor Driver IC Market- By Application

10.1.4.6 Rest of Europe: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)

10.1.4.6.1 Rest of Europe: Motor Driver IC Market- by Motor Type

10.1.4.6.2 Rest of Europe: Motor Driver IC Market- By Semiconductor

10.1.4.6.3 Rest of Europe: Motor Driver IC Market- By Application

11. Motor Driver IC Market- COVID-19 Impact Analysis

11.1 Europe

12. Motor Driver IC Market-Industry Landscape

12.1 Overview

12.2 Market Initiative

13. Company Profiles

13.1 Toshiba Corporation

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 Mitsubishi Electric Corporation

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 Texas Instruments Incorporated

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 Allegro MicroSystems, Inc.

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 Renesas Electronics Corporation

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 STMicroelectronics N.V.

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 ON Semiconductor Corporation

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 ROHM CO., LTD.

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 INFINEON TECHNOLOGIES AG

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

13.10 Analog Devices, Inc

13.10.1 Key Facts

13.10.2 Business Description

13.10.3 Products and Services

13.10.4 Financial Overview

13.10.5 SWOT Analysis

13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Word Index

LIST OF TABLES

Table 1. Europe: Motor Driver IC Market- by Motor Type – Revenue and Forecast to 2028 (US$ Million)

Table 2. Europe: Motor Driver IC Market- By Semiconductor – Revenue and Forecast to 2028 (US$ Million)

Table 3. Europe: Motor Driver IC Market- By Application – Revenue and Forecast to 2028 (US$ Million)

Table 4. Germany: Motor Driver IC Market- by Motor Type –Revenue and Forecast to 2028 (US$ Million)

Table 5. Germany: Motor Driver IC Market- By Semiconductor –Revenue and Forecast to 2028 (US$ Million)

Table 6. Germany: Motor Driver IC Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 7. France: Motor Driver IC Market- by Motor Type –Revenue and Forecast to 2028 (US$ Million)

Table 8. France: Motor Driver IC Market- By Semiconductor –Revenue and Forecast to 2028 (US$ Million)

Table 9. France: Motor Driver IC Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 10. Italy: Motor Driver IC Market- by Motor Type –Revenue and Forecast to 2028 (US$ Million)

Table 11. Italy: Motor Driver IC Market- By Semiconductor –Revenue and Forecast to 2028 (US$ Million)

Table 12. Italy: Motor Driver IC Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 13. UK: Motor Driver IC Market- by Motor Type –Revenue and Forecast to 2028 (US$ Million)

Table 14. UK: Motor Driver IC Market- By Semiconductor –Revenue and Forecast to 2028 (US$ Million)

Table 15. UK: Motor Driver IC Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 16. Russia: Motor Driver IC Market- by Motor Type –Revenue and Forecast to 2028 (US$ Million)

Table 17. Russia: Motor Driver IC Market- By Semiconductor –Revenue and Forecast to 2028 (US$ Million)

Table 18. Russia: Motor Driver IC Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 19. Rest of Europe: Motor Driver IC Market- by Motor Type –Revenue and Forecast to 2028 (US$ Million)

Table 20. Rest of Europe: Motor Driver IC Market- By Semiconductor –Revenue and Forecast to 2028 (US$ Million)

Table 21. Rest of Europe: Motor Driver IC Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 22. List of Abbreviation

LIST OF FIGURES

Figure 1. Motor Driver IC Market Segmentation

Figure 2. Europe Motor Driver IC Market Overview

Figure 3. Brushed DC Motor Segment Held the Largest Market Share in 2020

Figure 4. France was the Highest Revenue Contributor in 2020

Figure 5. Europe PEST Analysis

Figure 6. Motor Driver IC Market– Ecosystem Analysis

Figure 7. Expert Opinion

Figure 8. Motor Driver IC Market: Impact Analysis of Drivers and Restraints

Figure 9. Geographic Overview of Motor Driver IC Market

Figure 10. Europe Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)

Figure 11. Motor Driver IC Market Revenue Share, by Motor Type (2020 and 2028)

Figure 12. rushed DC Motor: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)

Figure 13. Brushless DC Motor: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14. Stepper Motor: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15. Motor Driver IC Market Revenue Share, by Semiconductor (2020 and 2028)

Figure 16. Gallium Nitrate (GaN): Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17. Silicon Carbide (SiC): Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18. Motor Driver IC Market Revenue Share, by Application (2020 and 2028)

Figure 19. Automotive: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20. Aerospace and Defense: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21. Industrial Automation: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22. Consumer Electronics and Home Appliances: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23. Healthcare: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24. Europe: Motor Driver IC Market Revenue Share, By Motor Type (2020 and 2028)

Figure 25. Europe: Motor Driver IC Market Revenue Share, By Semiconductor (2020 and 2028)

Figure 26. Europe: Motor Driver IC Market Revenue Share, By Application (2020 and 2028)

Figure 27. Europe: Motor Driver IC Market Revenue Share, By Key Country (2020 and 2028)

Figure 28. Germany: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29. France: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30. Italy: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31. UK: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)

Figure 32. Russia: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)

Figure 33. Rest of Europe: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)

Figure 34. Impact of COVID-19 Pandemic in European Country Markets

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