North America Motor Controller Market Size, Share, and Analysis by 2028

The North America motor controller market is expected to grow from US$ 666.68 million in 2020 to US$ 1,032.52 million by 2028; it is estimated to grow at a CAGR of 5.9 % from 2021 to 2028.

Economies considered under North America include US, Canada, and Mexico. Rising adoption of advanced and automated process in the factory and plants is expected to escalate the North America motor controller market. Automated processes help manufacturers in boosting productivity of their plants and lowering costs of production throughout their lives. The increased adoption of energy-efficient motor solutions to enhance the safety of machine operators and other factory workers has fueled the demand for high-precision automated processes. The demand for factory automation would continue to rise to expand production capabilities for meeting the increasing requirements of high-quality products; this would propel the use of motor controllers further to minimize energy consumption. The motor controller solutions are being adopted increasingly in many industries, and the electronics & semiconductor, automotive, and chemicals are among the largest adopters of these products. Electronic manufacturing has been growing significantly, and it would continue to grow in the coming years as well. The growth can be attributed to rise in popularity of advance technologies. Such growing trajectory in the electronics manufacturing industry is propelling the demand for advanced and automated motor controller equipment across North America region. Rising investments in electric motor vehicles are fostering the demand for motor controllers. Many automotive companies are on the verge of beginning the large-scale manufacturing of electric motor vehicles. In 2019, North American company such as Ford Motor Co. announced its pace of producing electric motors at its Van Dyke Transmission plant in suburban Detroit. The company is planning to spend ~USD 11.5 billion on electric and hybrid vehicles through 2022; as part of this, the company is expected to deliver 40 electrified vehicles, including 16 completely electric ones. Such ongoing investments on electric vehicle development and production are bolstering the demand for advanced motor controller devices for North America region.

Further,in case of COVID-19, in North America, especially the US, witnessed an unprecedented rise in number of coronavirus cases, which led to the discontinuation of automation manufacturing activities; other household appliances manufacturing sector has subsequently impacted the demand for motor controller during the early months of 2020. Moreover, decline in the overall manufacturing activities has led to discontinuation of automotive equipment manufacturing projects, thereby reducing the demand for motor controllers. Similar trend was witnessed in other North American countries, i.e., Canada and Mexico. However, the countries are likely to overcome thus drop in demand with the economic activities regaining their pace, especially in the beginning of the 2021.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America motor controller market. The North America motor controller market is expected to grow at a good CAGR during the forecast period.

North America Motor Controller Market Segmentation

North America Motor Controller Market – By Motor Type

• AC Motor
• DC Motor
  • Brushed DC Motor
  • Brushless DC Motor

North America Motor Controller Market – By Output Power Range

• Below 0.5 HP
• 0.6 - 1.0 HP
• 1.0 - 3.0 HP
• Above 3.0 HP

North America Motor Controller Market – By Voltage Type

• Below 1 kV Motors
• 1 kV–6.6 kV Motors
• More than 6.6 kV Motors

North America Motor Controller Market – By End-User

• Industrial
• Commercial
• Residential
• Agriculture
• Transportation

North America Motor Controller Market, by Country

• US
• Canada
• Mexico

North America Motor Controller Market -Companies Mentioned

• ABB Ltd.
• AMETEK Inc.
• Anaheim Automation, Inc.
• ARC Systems Inc.
• Eaton Corporation plc
• ErieTec Inc
• General Electric Company
• Microchip Technology Inc.
• Nidec Corporation
• Parker-Hannifin Corporation

North America Motor Controller Report Scope