Automotive Power Management IC Market In 2021-2026 Including Top Key Players, Trends And Emerging Growth Factors

The Automotive Power Management IC Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Automotive Power Management IC Market is anticipated to grow at a CAGR of 4.5% in the forecast period of 2021 to 2026.

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Top Leading Companies of Global Automotive Power Management IC Market are - STMicroelectronics, Texas Instruments, ROHM, NXP Semiconductors, Richtek, Dialog, Cypress, Allegro MicroSystems, Renesas, Maxim, Toshiba and others.

Industry News and Updates:

June 2021 - Maxim Integrated Products Inc. has expanded its MAXSafe Technology line with the release of MAX22530, an isolated, field-side self-powered 12-bit system monitor. Featuring four channels, the MAX22530 provides isolated system monitoring to improve accuracy 50x and to reduce solution size by 40% by integrating five components into a single power management integrated circuit.

December 2020 - MagnaChip Semiconductor Corporation announced a new portfolio power management integrated circuit (PMIC) through its first UHD display panel PMIC for laptops. The new PMICs are integrated circuits that include multiple power management functions within a single chip. They are commonly used to power space-constrained devices where high-efficient and compact form factors are required. The company had launched these products to focus on the growing need for battery-operated devices since the battery life depends on the efficiency of the PMIC's power management capabilities.

On The Basis of Types:

Discrete Type

Highly Integrated Type

On The Basis of End Users/Applications:

Passenger Vehicle

Commercial Vehicle

Regional Analysis:

North America is one of the largest consumers of consumer electronics in the world. Electronic gadgets see a high adoption rate in the region. The United States being one of the technologically advanced nations in the world, the population of the country buys consumer electronics on a regular basis.

Smartphones, tablets, portable speakers, and AI-assisted electronics are experiencing high growth in the region. This is influencing the growth of the power management ICs in the region. According to the Consumer Technology Association (CTA), over 80% of the households in the United States have smartphones, and over 96% of the households have at least one television installed.

Influence of the Automotive Power Management IC market report:

-Comprehensive assessment of all opportunities and risk in the Automotive Power Management IC market.
-Automotive Power Management IC market recent innovations and major events.
-Detailed study of business strategies for growth of the Automotive Power Management IC market-leading players.
-Conclusive study about the growth plot of Automotive Power Management IC market for forthcoming years.
-In-depth understanding of Automotive Power Management IC market-particular drivers, constraints and major micro markets.
-Favourable impression inside vital technological and market latest trends striking the Automotive Power Management IC market.

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What Are the Market Factors That Are Explained in The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Global Automotive Power Management IC Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

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