Press release
Power Management Integrated Circuit Market Growth Prospects to 2027 By Leading Players Analog Devices, Dialog Semiconductor, Infineon Technologies, Maxim Integrated, NXP
The power management integrated circuit (PMIC), commonly known as power management units or power management ICs, are used to manage and control the power of the system. They are highly efficient, compact, and require lesser space. Most battery operated devices such as smartphones, media players have PMIC installed in them. PMICs are mainly used in consumer electronics, telecommunication, networking, and automotive systems.
MARKET SCOPE
The "Global Power Management Integrated Circuit Market Analysis to 2027" is a specialized and in-depth study of the electronics and semiconductor industry with a special focus on the global market trend analysis. The report aims to provide an overview of power management integrated circuit market with detailed market segmentation by product type, end-use, and geography.
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Key Benefits-
• To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Power Management Integrated Circuit Market
• To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)
MARKET DYNAMICS
The power management integrated circuit market is anticipated to grow in the forecast period owing to increasing demands for consumer electronics with energy-efficient battery-powered devices. Rising focus on energy harvesting technologies and coupled with high energy cost is further expected to drive the power management integrated circuit market. On the other hand, growing applicability of PMICs for healthcare and telecommunication devices offer symbolic growth opportunities for the players operating in the power management integrated circuit market during the forecast period.
MARKET SEGMENTATION
The global power management integrated circuit market is segmented on the basis of product type, end-use. Based on product type, the market is segmented as voltage regulator, motor control IC, integrated ASSP PMIC, battery management IC, and others. On the basis of the end-use, the market is segmented as building control, consumer electronics, healthcare, automotive, wearable electronics, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global power management integrated circuit market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America.
The power management integrated circuit market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
MARKET PLAYERS
The reports cover key developments in the power management integrated circuit market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations.
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These activities have paved the way for the expansion of business and customer base of market players. The market payers from power management integrated circuit market are anticipated to lucrative growth opportunities in the future with the rising demand for power management integrated circuit in the global market. Below mentioned is the list of few companies engaged in the power management integrated circuit market.
Leading Key Players:
• Analog Devices, Inc.
• Dialog Semiconductor
• Infineon Technologies AG
• Maxim Integrated
• NXP Semiconductors
• ON Semiconductor
• Renesas Electronics Corporation
• Rohm Semiconductor
• STMicroelectronics
• Texas Instruments Incorporated
Contact info:
Contact Us: Call: +1-646-491-9876
Email:sales@theinsightpartners.com
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries.
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