GLOBAL POWER MANAGEMENT IC (PMIC) MARKET SIZE AND FORECAST TO 2025
Global Power Management IC (PMIC) Market Analysis
The Global Power Management IC Market was valued at USD 23.01 billion in 2017 and is projected to reach USD 40.78 billion by 2025, growing at a CAGR of 7.4% from 2018 to 2025.
What is Power Management IC (PMIC)?
Power management integrated circuits (PMIC) are integrated circuits that perform the function of managing the power necessities of the host whether it be the extension of battery life or the reduction of power dissipation in devices. The term power management integrated circuits refers to an array of chips, these chips include the feature of an electronic power conversion of some sort.
Global Power Management IC (PMIC) Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
The PMIC system is included in various everyday devices that are battery operated, such as portable media players and mobile phones. The system can be implemented in a variety of industries such as consumer, automotive, industrial and more. Factors such as the high integration, the high performance as well as the growing demand for the extension of battery life in devices are increasing the need for power management integrated circuits while factors like the cost are restraining the market’s growth.
The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Power Management IC Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market. This can be of a great use in gaining knowledge about the cutting-edge technologies in the market.
Global Power Management IC (PMIC) Market Competitive Landscape
The “Global Power Management IC Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such Texas Instruments Inc., Analog Devices, Inc., Stmicroelectronics N.V., On Semiconductor Corp., Dialog Semiconductor PLC, NXP Semiconductors, Fairchild Semiconductor International, Inc., Linear Technology Corp., Renesas Electronics Corp., and Maxim Integrated Products, Inc. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above mentioned players globally.
Global Power Management IC Market, By Product
• Switching Regulators
• Voltage References
• Linear Regulators
• Power Management ASIC/ASSP/Others
Global Power Management IC Market, By Application
• Wearable Electronics
• Building Control
• Industrial & Retail
• Consumer Electronics
Global 3D Metrology Market Geographic Scope
• North America
o Rest of Europe
• Asia Pacific
o Rest of Asia Pacific
• Latin America
• Rest of the World
To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our sales team.