Global DSP Motor Controllers Market was value US$ 1.7Bn in 2019 and is expected to reach US$ 2.5Bn by 2026 at a CAGR of 4.94%.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
DSP or Digital signal processors components include program and data memory, a compute engine and input or output. The objective of DSPs is usually to determine, constrictor filter unremitting real-world analog signals.
The major factor driving the DSP motor controllers market growth is the consistently increasing demand for electric motors from industrial other than the commercial sector. So, with the further rise in the industrial manufacturing sector, the demand for electric motors and related control systems is predictable to remain strong in the upcoming years. Growing demand for VoIP & IP video is an opportunity of DSP motor controllers market. Trends of the market are, increasing shift towards digital control systems and rising the adoption of floating point DSP motor controllers in various applications
Fixed-point DSP motor controller is dominating the DSP motor controllers market. Due to features such as low cost and relatively easy coding, fixed-point DSP motor controller is more popular than floating-point motor control. Fixed-point is usually used for simple applications requiring limited variations in control functions. Since such applications form the majority consumer of DSP motor controllers, the segment is expected to retain its dominant position in the market during the forecast period.
AC induction motors are leading the global DSP motor controllers market. AC induction motors are increasingly becoming popular across many industrial applications due to their immense benefits over the DC counterparts. Various heavy industrial applications prefer AC induction motors, thus resulting in higher demand for related control systems.
Region-wise, The Asia Pacific DSP motor controllers market is currently the dominant market leader for electronics development, riding on coveted compensation for instance low manufacturing cost and plenty of expert labor. The manufacturing zone, especially in the developed economies like Europe and North America witnessed a gradual slowdown at the beginning of this decade due to unstable economic conditions.
Global DSP motor controllers market report includes PESTLE analysis, competitive landscape, and Porter’s five force model. Market attractive analysis wherein all the segments are benchmarked based on the market size, growth rate, and general attractiveness.
Key players operating in DSP motor controller market, Toshiba Corp., Broadcom Corp., Renesas Electronics Corp., Analog Devices Inc., ST Microelectronics N.V., Freescale Semiconductor Ltd., LSI Corp., Ceva Inc., Texas Instruments Inc., Altera Corp., NXP Semiconductors N.V., Xilinx Inc., Marvell Technology Group Ltd., MIPS Technologies Inc., Qualcomm Inc., Infineon Technologies AG, and Samsung Electronics Co. Ltd.
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Scope of the Global DSP Motor Controllers Market
Global DSP Motor Controllers Market, by Type
• Fixed Point
• Floating Point
Global DSP Motor Controllers Market, by Application
• Brushed DC Motors
• Brushless DC Motors
• AC Induction Motors
Global DSP Motor Controllers Market, by Region
• North America
• Asia Pacific
• Middle East and Africa
• South America
Key players operating in Global DSP Motor Controllers Market
• Toshiba Corp.
• Broadcom Corp.
• Renesas Electronics Corp.
• Analog Devices Inc.
• ST Microelectronics N.V.
• Freescale Semiconductor Ltd.
• LSI Corp.
• Ceva Inc.
• Texas Instruments Inc.
• Altera Corp.
• NXP Semiconductors N.V.
• Xilinx Inc.
• Marvell Technology Group Ltd.
• MIPS Technologies Inc.
• Qualcomm Inc.
• Infineon Technologies AG
• Samsung Electronics Co. Ltd.
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