• Blog
  • Motor Driver Board Market Growth Analysis

    Motor Driver Board Market Growth Analysis

    Motor Driver Board Market Growth Analysis
    Report code - SR1346 Delivery - 2 Weeks
    Motor Driver Board Market Growth, Trends, Dynamics & Market Insights: 2021-2026
    See more...

    Market Insights

    The growth of the motor driver board market is primarily driven by widespread product use in electronic toys. Growing emphasis on the development of robotic vehicles using advanced technologies is likely to drive the growth of the motor driver board market at a significant rate during the review period. In addition to this, rising demand for advanced motor driver boards is likely to create lucrative opportunities for the players operating in the global market in the coming years.

    What is a motor driver board?

    Motor drivers act as an interface between the motors and the control circuits. A motor driver board is used to create H-bridge. It gives more control over a motor than a single transistor. It allows controlling the direction and access to braking modes. Based on type, a motor driver board can be categorized as an H-bridge motor driver board and a dual H-bridge motor driver board.

    COVID-19 Impact

    The covid-19 outbreak posed significant challenges across verticals worldwide. It impacted the growth of the motor driver board market negatively as the imposition of a complete lockdown and restrictions on trade affected the supply of the product for a short period.

    Key Players

    Key players operating in the Motor Driver Board market are-

    • Etron (Taiwan)
    • NXP Semiconductors N.V. (Netherlands)
    • Dagu (Netherlands)
    • Pololu (US)

    Segment Analysis

    Application Trends

    The motor driver board market has been bifurcated into robotic vehicles, electronic toys, and others. Under these, the electronic toys segment accounted for the largest market share in 2020 and is projected to register significant growth during the review period. This can be attributed to widespread product use in electronic toys.

    Regional Analysis

    The market in Asia-Pacific accounted for the largest market share in 2020 and is projected to grow at a significant CAGR during the assessment period. The regional growth can be attributed to the presence of established electrical and electronics industries in developing countries particularly China and India. The market growth in the North American region is expected to be driven by the increasing production of robotics vehicles and the presence of key market players such as Pololu (US)

    To get the full scope of the report, Register Here

    Target Audience

    Here is the list of the group of customers that the market hopes to have the greatest opportunity to convert-

    • Distributors
    • Suppliers
    • Manufacturers
    • Logistics organizations
    • Government bodies

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

    What deliverables will you get in this report?

    Key questions this report answers

    Relevant contents in the report

    How big is the sales opportunity?

    In-depth analysis of the Motor Driver Board Market

    How lucrative is the future?

    Market forecast and trend data and emerging trends

    Which regions offer the best sales opportunities?

    Global, regional and country level historical data and forecasts

    Which are the most attractive market segments?

    Market segment analysis and forecast

    Which are the top players and their market positioning?

    Competitive landscape analysis, Market share analysis

    How complex is the business environment?

    Porter’s five forces analysis, PEST analysis, Life cycle analysis

    What are the factors affecting the market?

    Drivers & challenges

    Will I get the information on my specific requirement?

    10% free customization

    Research Methodology

    This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

    Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to three players)
    • SWOT analysis of key players (up to three players)

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    Etron (Taiwan), NXP Semiconductors N.V. (Netherlands), Dagu (Netherlands), and Pololu (US) are among the key players in the motor driver board market.

    Widespread product use in electronic toys is the prime factor driving the growth of motor driver board market.

    The electronic toys segment is expected to register the significant growth in the motor driver board market in the coming years.

    Asia-pacific accounted for the largest share in the motor driver board market during the next five years.