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Automotive Motor Driver IC Market was valued at 553 million in 2024 and is projected to reach US$ 868 million by 2032, at a CAGR of 6.8% during the forecast period
The global Automotive Motor Driver IC Market was valued at 553 million in 2024 and is projected to reach US$ 868 million by 2032, at a CAGR of 6.8% during the forecast period.
Automotive Motor Driver ICs are specialized integrated circuits that control the speed, direction, and torque of electric motors in vehicles. These components play a crucial role in modern automotive systems, enabling precise motor control in applications ranging from power windows and wipers to advanced electric power steering and EV drivetrains. The market includes AC Asynchronous Motor Driver ICs, DC Motor Driver ICs, and Permanent Magnet Synchronous Motor Driver ICs.
By Type:
• The market is segmented based on type into:
• AC Asynchronous Motor Driver ICs
• DC Motor Driver ICs
• Permanent Magnet Synchronous Motor Driver ICs
By Application:
• The market is segmented based on application into:
• Passenger Vehicle
• Commercial Vehicle
• Onsemi (U.S.)
• Sanken Electric (Japan)
• Texas Instruments (U.S.)
• Melexis (Belgium)
• Microchip Technology (U.S.)
• Diodes Incorporated (U.S.)
• BYD Semiconductor (China)