Press release
BCD Power IC Market Foreseen To Prosper High Growth by 2026
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Growth in the smart home and smart grid technology is acting as a major growth driver for the BCD Power IC Market. Therefore, wider adoption and continuous improvement of BCD IC for various products and applications in the field of analog data acquisition, power management and power actuators is leading towards the higher adoption of BCD power IC. In addition, features like integration of BCD on the SOI addresses specific types of high value application like in automotive safety, electro medical and audio among others is also anticipated to increase the demand of the BCD power IC in the upcoming years. In turn this is also projected to affect the BCD Power IC Market in a positive manner during the forecast period.
In spite of many driving factors, the BCD Power IC Market is expected to show a shrink and fluctuation in growth rate because of the power performance challenge in the mobile computing. Issues with the high cost of the substrate is also acting as one of the major constraint for the BCD Power IC Market. Parasitic capacitance and thermal effect can create a large impact on the performance of the sense and power of automotive technology and hence acting as restraining factor for the growth of usage of BCD Power IC market. Increase in the integration of more & more diversified and complex functions on same chip and higher degree of miniaturization is expected to act as key opportunities for the BCD Power IC Market.
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For the purpose of doing in depth analysis, the BCD Power IC Market has been segmented on the basis of end use industry and geography. Based on the end use industry the BCD Power IC Market has been segmented into five categories those are consumer electronics, automotive, ICT, manufacturing and others. Moreover, this report also provide cross functional analysis of all the above mentioned segment across different regions such as Europe, North America, Asia Pacific, Middle East and Africa and South America. By end use industry, the ICT industry is expected to capture largest market share in the forecast period. Rising demand for the smartphones along with the improved scope of function is driving the market for this segment. Deployment of the next generation LTE wireless network module is also estimated to drive the growth for this particular segment. Geographically, the global BCD Power IC Market is mainly driven by the APAC region.
Concentration of original equipment manufacturer and original design manufacturer is expected to drive the market for this region. Growing application of the BCD power IC in consumer electronics and automotive is also expected to drive the growth for this market in this region. Trend towards the advanced technology nodes compatible with the availability of depreciated advanced manufacturing plants is also acting as a major trend for the BCD Power IC Market. BCD evolution is being driven more by the process customization for the application requirements than by the reduction of the lithography node.
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Some of the leading players operating in the BCD Power IC Market includes Maxim Integrated , STMicroelectronics , Texas Instruments , TSMC, Diodes Incorporated, , Allegro MicroSystems, MagnaChip, GlobalFoundries, United Microelectronics, Tower Semiconductor among others.
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