South America Motor Controller Market Growth and Analysis by 2028

The SAM motor controller market is expected to grow from US$ 152.56 million in 2020 to US$ 203.32 million by 2028; it is estimated to grow at a CAGR of 3.9 % from 2021 to 2028.

The Brazil and Argentina are major economies in SAM. Escalating adoption of advanced and automated process in the factories will drive the SAM 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 in developing economies across SAM region. Such growing trajectory in the electronics manufacturing industry is propelling the demand for advanced and automated motor controller equipment. 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. Several ongoing investments on electric vehicle development and production are bolstering the demand for advanced motor controller devices for SAM region.

In case of COVID-19, SAM is highly affected especially Brazil, which has reported the highest number of cases, followed by Ecuador, Chile, Peru, and Argentina, among others. Brazil is also a dominant contributor to the overall manufacturing capabilities of the region. The country witnessed a major decline in demand for automation solutions, following the drastic drop-in manufacturing activities and limited building construction activities amid the COVID-19 pandemic. As a result of lowered performance of the manufacturing, construction and oil & gas sectors, Brazil, as well as other SAM countries, registered low demand for motor controllers in 2020. However, with the relaxed measures in lockdown, the business operations in SAM region are slowly resuming, especially from last two quarters of 2020. Hence, the ongoing business operations resumption are expected to positively impact the motor controller market.

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 SAM motor controller market. The SAM motor controller market is expected to grow at a good CAGR during the forecast period.

SAM Motor Controller Market Segmentation

SAM Motor Controller Market – By Motor Type

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

SAM 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

SAM Motor Controller Market – By Voltage Type

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

SAM Motor Controller Market – By End-User

• Industrial
• Commercial
• Residential
• Agriculture
• Transportation

SAM Motor Controller Market, by Country

• Brazil
• Argentina
• Rest of SAM  

SAM Motor Controller Market -Companies Mentioned     

• ABB Ltd.
• AMETEK Inc.
• Eaton Corporation plc
• General Electric Company
• Microchip Technology Inc.         
• Nidec Corporation           
• Parker-Hannifin Corporation   

South America Motor Controller Report Scope