DSP Motor Controllers Market By Type (Fixed Point DSP, Floating Point DSP), By Application (Brushed Dc Motors, Brushless Dc Motors, Ac Induction Motors), By Region (Market Share Analysis, Attractive Investment Proposition) - Growth, Share, Opportunities & Competitive Analysis, 2015 - 2025

The electric motor refers to a rotating machine that converts electrical power (electric current) into mechanical power. Electric motors are among the most prominent pieces of equipment used across different industrial and commercial sectors. However, the use of electric motors involves several challenges, such as their difficult controllability (especially in the case of A.C. induction motors). Electric motor control systems were traditionally designed using analog components that were simple to design and inexpensive.

However, these control systems pose challenges, such as component variation due to factors such as aging and temperature. Digital control systems (such as DSP motor control) offer several improvements over their analog counterparts. Using DSP motor control eliminates component variation and drift, as most of the functions are performed digitally. DSP motor control provides high speed, high resolution, and sensorless algorithms, thereby reducing the overall system costs. This enables more precise control of the electric motor operation.

The most prominent factor fueling the DSP motor controller market is the consistently rising industrial manufacturing sector worldwide. Due to the continual growth in the industrial manufacturing and processing sector, the demand for related industrial equipment (such as electric motors) has witnessed high growth over the past several years. As a result, adjacent markets such as DSP motor control systems have also demonstrated remarkable growth over time. Another major factor driving market growth is the rising shift towards digitized control systems for better control and efficiency. With the continual adoption of digital control systems and product advancement, the DSP motor controllers market is expected to continue witnessing promising growth during the forecast period.

The report titled "Global DSP Motor Controllers Market: Growth, Future Prospects, and Competitive Analysis, 2017–2025" offers strategic insights into the global DSP motor controllers market along with the market size and estimates for the duration of 2015–2025. The said research study covers an in-depth analysis of multiple market segments based on type, application, and cross-sectional study across different geographies and sub-geographies. The study covers the comparative analysis of different segments for the years 2016 and 2025. The report also provides a prolific view of market dynamics, such as market drivers, restraints, and opportunities.

In order to help strategic decision-makers, the report also includes competitive profiling of the leading providers of DSP motor controllers, market positioning, and key developments. Some of the major players profiled in the report are Texas Instruments, Maxim Integrated Products, Inc., Analog Devices, Inc., Freescale Semiconductor, Inc., Microchip Technology, Inc., ON Semiconductor, STMicroelectronics, Unico, Inc., TECHNOSOFT SA, Data Device Corporation (DDC), Moog, Inc., and Jameco Electronics.

Other in-depth analysis provided in the report includes:

• Current and future market trends to justify the industry's upcoming attractive markets for DSP motor controllers
• Market fuelers, market impediments, and their impact on market growth
• in-depth competitive environment analysis
• Trailing 2-year market size data (2015–2016)
• SRC (Segment, Region, Country) Analysis

Overall, the research study provides a holistic view of the global DSP motor controller market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above-mentioned factors.

The global DSP motor controllers market is segmented, based on type, into the following categories:

• Fixed Point
• Floating Point

As of 2016, the overall DSP motor controller market worldwide was dominated by the fixed-point segment. In 2016, the segment held almost 60% of the overall market share in terms of revenue. Due to factors such as low cost and relatively easy coding, fixed-point DSP motor controllers are more popular than floating-point motor controllers. Fixed-point is typically used for simple applications requiring limited variations in control functions. Since such applications form the majority of consumers of DSP motor controllers, the segment is projected to retain its dominant position in the market throughout the forecast period.

The global DSP motor controllers market is segmented, based on application, into the following categories:

• Brushed DC Motors
• Brushless DC motors
• A.C. induction motors
• Others

As of 2016, the overall DSP motor controller market worldwide was dominated by the A.C. induction motor segment. In terms of revenue, the segment held over one-third of the overall market share in 2016. A.C. induction motors are increasingly becoming popular across various industrial applications owing to their immense benefits over their D.C. counterparts. Various heavy industrial applications prefer A.C. induction motors, thereby resulting in higher demand for related control systems. With the rising shift towards digitized control systems, the A.C. induction motor segment is estimated to remain dominant throughout the forecast period. In the following years, the segment is estimated to register the highest growth in the market.

The global DSP motor controllers market has been segmented on the basis of geographical regions, as per the following regions and countries:

• North America
• U.S.
• rest of North America
• Europe
• U.K.
• Germany
• France
• Rest of Europe
• Asia Pacific
• Japan
• China
• India
• Rest of Asia Pacific
• Rest of the World (RoW)
• Middle East and Africa (MEA)
• Latin America

In 2016, Asia Pacific dominated the DSP motor controllers market on account of its huge industrial manufacturing and commercial sectors. The market here is primarily governed by countries such as China, Japan, South Korea, and some Southeast Asian countries. Due to immense expansion in the industrial sector, Asia Pacific is set to retain its dominant position in the market throughout the forecast period. A growing industrial sector in India would help Asia-Pacific register the highest growth rate in the following years. Europe follows the Asia Pacific in terms of revenue in the overall DSP motor controller market.

Frequently Asked Questions: