7/28/2025, 7:30:49 AM | www.newstrail.com | news
Automotive Motor Driver IC Market: Trends, Growth Opportunities, and Forecast 2025-2032
The global Automotive Motor Driver IC Market is projected to grow from $553 million in 2024 to $868 million by 2032, driven by the rise of electric vehicles and stringent emissions regulations. Key segments include Permanent Magnet Synchronous Motor Driver ICs, with major players like Infineon Technologies and STMicroelectronics expanding their portfolios to meet increasing demand for advanced motor control solutions.