Press release
Power Management Integrated Circuit (PMIC) Market Key Players and Global Industry Demand by 20301
Power Management Integrated Circuit (PMIC) Market Outlook 2031The global power management integrated circuit (PMIC) market was valued at US$ 25.15 Bn in 2020
It is estimated to expand at a CAGR of 16.6% from 2021 to 2031
The global power management integrated circuit (PMIC) market is expected to cross the value of US$ 128.40 Bn by the end of 2031
Companies in the power management integrated circuit (PMIC) market are establishing a balanced relationship with suppliers and ecosystem partners to address chip shortage in the automotive industry amid coronavirus outbreak. The growing competition for energy-efficient devices is emerging as a challenge for manufacturers. Hence, companies should partner with think tanks and researchers to increase the availability of portable & energy-efficient electronic devices that align with government-introduced energy emission standards. The growing trend of miniaturization is contributing to market growth. Compact items, which work on batteries, are incorporating PMICs for the proficient use of power. A huge drive for PMICs originates from multiplying deals of such shopper electronics, most eminently cell phones.
Power Management Integrated Circuit (PMIC) is an integrated circuit that includes several components for power conversion and supply management. The efficiency, or performance of the product determines how well it will work in a system. PMICs are used to manage voltage rails across all types of applications from mobile devices such as mobile phones, tablets, etc.
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Global Power Management Integrated Circuit (PMIC) Market: Major Players
Linear Technology Corporation
ON Semiconductor Corp
Texas Instruments Inc.
STMicroelectronics N.V.
Infineon Technologies AG
Renesas Electronics Corp.
Maxim Integrated Products Inc.
Analog Devices Inc.
Mitsubishi Group
Dialog Semiconductor PLC
Toshiba Corp
Global Power Management Integrated Circuit (PMIC) Market: By Types
Voltage Regulators
Motor Control ICs
Integrated ASSP Power Management ICs
Battery Management ICs
Others
Global Power Management Integrated Circuit (PMIC) Market: By Applications
Automotive and Transportation
Consumer Electronics
Industrial
Telecom and Networking
Others
Global Power Management Integrated Circuit (PMIC) Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Power Management Integrated Circuit (PMIC) market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Reasons to Purchase the Power Management Integrated Circuit (PMIC) Market Report:
The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these player
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