openPR Logo
Press release

Power Management Integrated Circuit (PMIC) Market to hit US$ 56.48 Bn by 2026

08-16-2019 03:00 PM CET | IT, New Media & Software

Press release from: MRRSE PVT LTD

Power Management Integrated Circuit

Power Management Integrated Circuit

In the present times, there is an increasing demand for IoT and power optimization solutions, due to which smart grids, energy storage systems and electric cars are becoming popular all over the world. This situation creates a huge opportunity for power management integrated circuit manufacturers. With the help of power management integrated circuits, the usage of power sources across various industrial applications can be optimized. Hence, it is estimated that there is an increasing demand for power management integrated circuits in storage systems and electric car market in order to extract high performance and enable sophisticated power management to improve the efficiency and extend battery life of devices. In addition, due to the phenomenon of globalization and rapidly rising industrialization, there is a rise in factory and commercial automation. Hence, there is a requirement of high efficiency in energy conversion and will increase the demand for high power density in the near future. This creates a lucrative opportunity for power management integrated circuit manufacturers to provide reliable power management integrated circuits for factory and commercial automation that can operate at high temperatures.

Get Report Sample Copy @ https://www.mrrse.com/sample/4832

High adoption of power management integrated circuits in various industries in the APEJ region bodes well for the global market

Power management integrated circuits are increasingly used in various industry verticals such as electronics, factory automation and control, grid infrastructure, medical, healthcare and fitness, space, avionics and defence. Various kinds of industries use low power, highly integrated microprocessor platforms that require both multiple voltage rails and battery management. Power management integrated circuits (PMICs) provide highly integrated, high-performance solutions for wide ranging automotive, consumer and industrial applications. In addition, in order to implement technology in manufacturing and production, industries in the APEJ region are moving towards automation. Increasing levels of automation and demand from various industry verticals is projected to positively affect the growth of the power management integrated circuit market across the APEJ region.

Global Power Management Integrated Circuit Market Analysis (2012-2016) and Opportunity Assessment (2017-2027), By Application

As per the projections given by Future Market Insights, the automotive segment in the application category was estimated to be valued at nearly US$ 4,350 Mn in 2017 and is likely to touch a valuation of nearly US$ 8,150 Mn in 2027, accounting for a CAGR of 6.5% during the period of assessment 2017-2027. The communication equipment segment in the application category was estimated to be valued at nearly US$ 3,550 Mn in 2017 and is anticipated to reach a valuation of nearly US$ 9,000 Mn in 2027, exhibiting a CAGR of 9.8% during the period of forecast. The enterprise systems segment in the application category was estimated to be valued at nearly US$ 2,650 Mn in 2017 and is likely to reach a valuation of nearly US$ 4,500 Mn in 2027, displaying a CAGR of 5.5% during the period of assessment.

Browse Complete Research report with TOC @ https://www.mrrse.com/power-management-integrated-circuit-market

Contact Us

State Tower
90, State Street
Suite 700
Albany, NY – 12207(United State)
United States Telephone: +1-518-730-0559(Toll Free)
Email: sales@mrrse.com

About MRRSE

Market Research Reports Search Engine (MRRSE) is an industry-leading database of Latest Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.

MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Power Management Integrated Circuit (PMIC) Market to hit US$ 56.48 Bn by 2026 here

News-ID: 1823066 • Views: 466

More Releases from MRRSE PVT LTD

Wire and Cable Market Projected to reach US$ 235.9 Bn by 2026 | Key Players - He …
This comprehensive report by MRRSE analyzes and forecasts the wire and cable market at the global and regional level. The report provides an analysis over the period 2018–2026, wherein 2018 to 2026 is the forecast period and the base year is 2017. An in-depth and unbiased market assessment has been made to offer readers in-depth and accurate analysis. The report emphasizes on all the major trends and services playing a
RFID Tags Market Insights Covering Market Dynamics and Competitive Scenario thro …
A new report on RFID tags delivers in-depth understanding on the consecutive growth path of the market along with the future scenarios and present situation of the market. The report offers an exclusive analysis of the global market and also presents insights on regional and other important segments. Get Report Sample Copy @ https://www.mrrse.com/sample/4726 The report offers a summary of the global market including an official abstract that draws out the core
Security and Vulnerability Management Market Analysis Covering Size, Share, Grow …
The global security and vulnerability management market is expected to witness significant growth during the forecast period. This growth is attributed to the increasing usage of cloud-based solutions and services, and the growing demand for security and vulnerability management solutions in the BFSI and healthcare sectors. North America is expected to be the dominant region in 2017 in terms of value in the security and vulnerability management market. In the
Siemens AG, Yokogawa Electric Corporation, Honeywell International Inc., Xylem A …
The “Dissolved Oxygen Sensors Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026” report provides analysis of the dissolved oxygen sensors market for the period 2016 to 2026, wherein 2018 to 2026 is the forecast period, 2017 is considered as the base year, and data for 2016 has been provided as historical information. The report covers all the trends and technologies playing a major role in the

All 5 Releases


More Releases for Power

Brisbane Power Electricians
Brisbane Power is a family owned business of second generation Electricians. From our humble beginnings in 1978, we boast 28 years of experience in electrical services across Brisbane and surrounds. We provide unparalleled 24 hour emergency electrical services to homes and businesses. Brisbane Power is a family owned business of second generation Electricians. From our humble beginnings in 1978, we boast 28 years of experience in electrical services across Brisbane and
Privacy through solar power
The vertical “Shadeplus” blind is to be operated via a new solar module Awnings are not only available as individual items, but also come in a double pack. One of these awnings protects against UV radiation and heat, and the other against glaring light. They achieve this with the assistance of solar power as a practical and simultaneously environmentally-friendly energy source The “pergola” by markilux has been available for quite some time
Temporary Power Generation/Power Rental Market Analysis by Leading Manufacturers …
A new research study from HTF MI with title Global Temporary Power Generation/Power Rental Market Size, Status and Forecast 2025 provides an in-depth assessment of the Temporary Power Generation/Power Rental including key market trends, upcoming technologies, industry drivers, challenges, regulatory policies, key players company profiles and strategies. The research study provides forecasts for Temporary Power Generation/Power Rental investments till 2022. Access Sample Copy @: https://www.htfmarketreport.com/sample-report/1191683-global-temporary-power-generation-power-rental-market-2 If you are involved in
Medical Power Market Medical Power Market
This report studies Medical Power in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. Request for discount @ https://www.researchtrades.com/discount/1445183 This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering Astrodyne TDI (US) CUI Inc. (US) Delta Electronic, Inc (TW) Excelsys
Kuwait Power Market to have Surplus Power
Electricity plays a major role in the development of a region, and the electricity generation, transmission and distribution infrastructure serves as a measure of progress in the region. Energy in the form of electricity has become an indispensable part of our everyday lives. Nowadays, power generation uses a variety of sources ranging from fossil fuels like coal and oil, to renewable sources like wind and solar. The energy mix for
Connectivity for power-applications
Halver, 18 June 2015 – At the SPS IPC Drives 2014 in Nuremberg, the connector- and housing specialist ESCHA presented connectivity for power applications. The 4-pole M12x1 connectors are predestinated for power transmission and are available as of now. With the newly developed products identified as ‘Power S‘ or ‘Power T‘, ESCHA offers a consistent- and a qualitatively high-grade M12x1-connectivity portfolio for sensors-, data-, and power supply. The trend moves towards