South and Central America 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)
The South & Central America motor driver IC market is expected to reach US$ 334.1 million by 2028 from US$ 267.0 million in 2021. The market is estimated to grow at a CAGR of 3.3% from 2021–2028.
The rise in demand for consumer electronics is projected to be aided by the rise in work-from-home culture. Moreover, based on increased rural earnings and government programs related to rural electrification, there is a surge in demand for consumer electronics in rural areas. Due to the growing production of consumer electronics, the demand for their basic components and devices such as motor driver ICs will also increase, resulting in market expansion. Several companies in the market are offering exclusive motor driver ICs for the consumer electronics industry. For instance, Renesas provides an extremely integrated system-in-packages (SIP) built mainly to drive three-phase brushless DC (BLDC) motors found in battery-powered power tools, gardening equipment, drones, cordless vacuums, consumer robots, and cleaning robots. In addition, firms are partnering and collaborating for the R&D of innovative motor driver ICs aimed at the consumer market. For instance, Infineon Technologies AG and GT Advanced Technologies collaborated to provide silicon carbide (SiC) boules in November 2020. This contract has a five-year initial term. Infineon now has the industry's broadest product range for industrial applications and is aggressively growing its consumer product offerings. As a result of the growing business, the demand for motor driver ICs is expected to increase significantly throughout the forecast period.
Brazil has reported the highest number of COVID-19 cases in South America, followed by Ecuador, Chile, Peru, and Argentina, among others. Most of the commercial and industrial operations in the region were shut down to prevent the spread of the disease. Lockdowns imposed in cities have compelled most production plant operators to suspend their operation indefinitely, which has led to the discontinuation in the demand for mechanical and electronic parts during Q2 and Q3 of 2020. Therefore, during that period, the motor driver IC market witnessed decline in revenues, however, by the end of 2020, the market observed marginal positive growth as several end user industries purchased substantial volumes of motor driver ICs to continue their business operations.
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 South & Central America motor driver IC market is expected to grow at a good CAGR during the forecast period.
South & Central America Motor Driver IC Market Revenue and Forecast to 2028 (US$ Million)
Get more information on this report :
South & Central America 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
- South & Central America
- Brazil
- Rest of South & Central America
Companies Mentioned
- Toshiba Corporation
- Mitsubishi Electric Corporation
- Texas Instruments Incorporated
- Allegro MicroSystems, Inc.
- ON Semiconductor Corporation
- INFINEON TECHNOLOGIES AG
- Analog Devices, Inc.
- ROHM CO., LTD.
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 South & Central America 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 – South & Central America Analysis
6.1 Motor Driver IC Market South & Central America Overview
6.2 Motor Driver IC Market – South & Central America 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 SAM: Motor Driver IC Market
10.1.1 SAM: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2 SAM: Motor Driver IC Market- by Motor Type
10.1.3 SAM: Motor Driver IC Market- By Semiconductor
10.1.4 SAM: Motor Driver IC Market- By Application
10.1.5 SAM: Motor Driver IC Market- by Key Country
10.1.5.1 Brazil: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
10.1.5.1.1 Brazil: Motor Driver IC Market- by Motor Type
10.1.5.1.2 Brazil: Motor Driver IC Market- By Semiconductor
10.1.5.1.3 Brazil: Motor Driver IC Market- By Application
10.1.5.2 Rest of SAM: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
10.1.5.2.1 Rest of SAM: Motor Driver IC Market- by Motor Type
10.1.5.2.2 Rest of SAM: Motor Driver IC Market- By Semiconductor
10.1.5.2.3 Rest of SAM: Motor Driver IC Market- By Application
11. Motor Driver IC Market- COVID-19 Impact Analysis
11.1 South & Central America
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 ON Semiconductor 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 ROHM CO., LTD.
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 INFINEON TECHNOLOGIES AG
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 Analog Devices, Inc
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
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. SAM: Motor Driver IC Market- by Motor Type – Revenue and Forecast to 2028 (US$ Million)
Table 2. SAM: Motor Driver IC Market- By Semiconductor – Revenue and Forecast to 2028 (US$ Million)
Table 3. SAM: Motor Driver IC Market- By Application – Revenue and Forecast to 2028 (US$ Million)
Table 4. Brazil: Motor Driver IC Market- by Motor Type –Revenue and Forecast to 2028 (US$ Million)
Table 5. Brazil: Motor Driver IC Market- By Semiconductor –Revenue and Forecast to 2028 (US$ Million)
Table 6. Brazil: Motor Driver IC Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 7. Rest of SAM: Motor Driver IC Market- by Motor Type–Revenue and Forecast to 2028 (US$ Million)
Table 8. Rest of SAM: Motor Driver IC Market- By Semiconductor –Revenue and Forecast to 2028 (US$ Million)
Table 9. Rest of SAM: Motor Driver IC Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 10. List of Abbreviation
LIST OF FIGURES
Figure 1. Motor Driver IC Market Segmentation
Figure 2. South & Central America Motor Driver IC Market Overview
Figure 3. Brushed DC Motor Segment Held the Largest Market Share in 2020
Figure 4. Rest of SAM was the Highest Revenue Contributor in 2020
Figure 5. South & Central America 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. South & Central America 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. Brushed 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. SAM: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. SAM: Motor Driver IC Market Revenue Share, By Motor Type (2020 and 2028)
Figure 26. SAM: Motor Driver IC Market Revenue Share, By Semiconductor (2020 and 2028)
Figure 27. SAM: Motor Driver IC Market Revenue Share, By Application (2020 and 2028)
Figure 28. SAM: Motor Driver IC Market Revenue Share, By Key Country (2020 and 2028)
Figure 29. Brazil: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Rest of SAM: Motor Driver IC Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Impact of COVID-19 Pandemic in South & Central America Country Markets
- Toshiba Corporation
- Mitsubishi Electric Corporation
- Texas Instruments Incorporated
- Allegro MicroSystems, Inc.
- ON Semiconductor Corporation
- INFINEON TECHNOLOGIES AG
- Analog Devices, Inc.
- ROHM CO., LTD.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central America motor driver IC market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the South & Central America motor driver IC market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.