What is Motor Control Software Market?
A motor controller is a device or group of devices that help regulate how a motor works. There are two modes in which engine control components can start or stop the engine either manually or automatically. The control is also able to set the motor in a forward or reverse rotation as well as to regulate and limit the speed, the torque, and the protection against electrical failures and overloads. It will be apparent that there are a variety of engine controls, and all of them cannot be controlled by the same device because different mechanisms are used in each. Hence, there are some engine control components available and it is important to know what they are and what they are used for. This helps ensure that the user is getting the right device for their engine-related component. Engine control-specific DSPs are primarily designed for the requirements of large offline engines. Offline motors are typically AC induction or brushless DC motors that operate from 110 to 480 VAC and range from 1/4 to 100 horsepower. Engine control specific DSPs are often too expensive for small engine control systems.
Highlights from Motor Control Software Market Study
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | STMicroelectronics (Switzerland), Schneider Electric (France), Powersim (United States), Embitel (India), Silicon Labs (United States), Microchip Technology (United States), Renesas Electronics Corporation (Japan), MathWorks (United States), Infineon Technologies (Germany), Navitar Inc. (United States), Texas Instruments (United States), NXP Semiconductors (Netherlands), Rockwell Automation (United States), Performance Motion Devices (United States), Moog Inc. (United States), QDESYS (Italy), SOFT-IN (Italy), Software Motor Company (United States), Semprex (United States) and ABB (Switzerland) |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Motor Control Software market throughout the forecasted period.
STMicroelectronics (Switzerland), Schneider Electric (France), Powersim (United States), Embitel (India), Silicon Labs (United States), Microchip Technology (United States), Renesas Electronics Corporation (Japan), MathWorks (United States), Infineon Technologies (Germany), Navitar Inc. (United States), Texas Instruments (United States), NXP Semiconductors (Netherlands), Rockwell Automation (United States), Performance Motion Devices (United States), Moog Inc. (United States), QDESYS (Italy), SOFT-IN (Italy), Software Motor Company (United States), Semprex (United States) and ABB (Switzerland) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Baseblock Software (United States) and Xilinx (United States). Motor Control Software Market Segmentation:
Scope | Sub-Segments |
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Application / End User | SMEs and Large Enterprises |
Type | AC Motor Control Software and DC Motor Control Software |
Platform | Linux,Windows,Android,IOS |
Industry Vertical | Consumer Electronics,Automobile Industry,Aerospace,Industrial Machinery,Medical Devices |
Subscription Type | Monthly Subscription,Annual Subscription,One-Time License |
On the basis of geography, the market of Motor Control Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Productivity and Lowering Operating Costs and Increasing Awareness Regarding the Benefits of the Implementation of Monitoring Solutions
Market Growth Drivers:
The Growing Preference for Electric Vehicles and The Surge in the Consumption of Electrical and Electronic Products in the Developing Economies
Challenges:
Lack of Awareness
Restraints:
Limited In-House Skillset to Manage Motor Control Software
Opportunities:
The Growing Competitiveness of Several Capital-Intensive Manufacturing Industries and Growing Penetration of Industrial IoT
Key Target Audience
Providers of Motor Control Software, End-Users, Potential Investors, Market Research Firms and Others
Market Leaders & Development Strategies
In July 2020, STMicroelectronics, a global semiconductor leader serving customers across electronic applications, announced that it had signed two M&A agreements involving the acquisition of the entire equity capital of ultra-broadband specialist BeSpoon and the acquisition of Riot Micro's cellular IoT connectivity assets. announced. After two deals were completed following customary regulatory approvals, ST has further strengthened its proposal for roadmaps for wireless connectivity, specifically STM32 microcontrollers and secure MCUs.
March 2023 Silicon Labs, a leader in secure and intelligent wireless technology for a more connected world, introduces two new families of integrated circuits designed for the smallest form factor IoT devices: the xG27 Bluetooth system-on-chip (SoC) family and the BB50 announced. Microcontroller Unit (MCU).