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Powering Innovation: Market Insights and Forecast for Motor Driver ICs (2025–2034) | ##motordriveric # #semiconductors # #electronics # #powerelectronics

Powering Innovation: Market Insights and Forecast for Motor Driver ICs (2025–2034)

Powering Innovation: Market Insights and Forecast for Motor Driver ICs (2025–2034)

The Motor Driver IC Market is expected to increase from USD 24.72 billion in 2025 to USD 60.69 billion by 2034, registering a compound annual growth rate (CAGR) of 10.49% over the forecast period (2025–2034). The market was valued at USD 22.37 billion in 2024.

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