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Power Management IC Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

Power Management IC Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

  • June 2020
  • 109 pages
  • ID: 5917242
  • Format: PDF
  • IMARC Group

Summary

Table of Contents

The global power management IC market reached a value of US$ 27.4 Billion in 2019. A power management integrated circuit (PMIC) refers to an array of combined microchips that are used to manage the flow of energy between transistors and capacitors in electronic devices. It is commonly utilized in battery-operated electronics, including smartphones, portable media players, wearable devices and healthcare equipment. It performs various operating functions, such as power and battery management, system control, voltage regulation, audio and interface functions and other application-specific tasks. Owing to this, PMIC finds extensive applications across electronics, automotive, computing devices, communication and healthcare industries.

The growing demand for battery-powered consumer devices across the globe is one of the key factors driving the growth of the market. Furthermore, the growth of the telecommunication sector and various technological advancements in wireless technology and peripheral devices are other major growth-inducing factors. The market is also being driven by the growing environmental-consciousness leading to the construction of cities with smart grid systems as their integral part. This is leading to an increasing demand for PMIC systems to manage wired and non-wired connections. Additionally, rising automation in the automotive industry is contributing significantly to the market growth. Automobile manufacturers utilize PMIC systems to efficiently manage extreme battery voltage fluctuations, extend the battery life and operate security systems. Other factors, including the widespread adoption of energy harvesting systems and the integration of Big Data and Internet of Things (IoT) across various industry verticals, are projected to drive the market in the upcoming years. Looking forward, the analyst expects the market to reach a value of US$ 42.8 Billion by 2025, exhibiting a CAGR of 7.7% during 2020-2025.

Breakup by Product:
Linear Regulator ICs
Switching Regulator ICs
Voltage Reference ICs
Power Management ICs
Others

Breakup by Application:
Communication
Computing Devices
Consumer Electronics
Automotive
Healthcare
Others

Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Analog Devices Inc., Dialog Semiconductor Plc, Linear Technology Corporation, Maxim Integrated Products Inc., NXP Semiconductors, On Semiconductor Corporation, Renesas Electronics Corporation, Stmicroelectronics N.V., Texas Instruments Inc., etc.

Key Questions Answered in This Report:
How has the global power management IC market performed so far and how will it perform in the coming years?
What are the key regional markets?
What is the breakup of the market based on the product?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global power management IC industry and who are the key players?
What is the degree of competition in the industry?

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