Press release
Integrated Circuits (ICs) Market Report Presents an Overall Analysis, Development Trends, Driving Forces, Opportunities
Global Integrated Circuits (ICs) Market
Energy measurement is the measurement of consumption of energy, which is used to assess consumer requirement, which is helpful in better energy management. Advances of technology of energy calculation results in the replacement of conventional utility metres. Demand for high-precision electrical metres from different applications, such as commercial or manufacturing industries, is growing and driving the need for intelligent management. The demand for energy calculation ICs has seen a constant need for ICs that are smart enough to calculate the total use of electrical power.
Increasing demand for high accuracy electric meters from various applications such as commercial or manufacturing industries, increasing adoption of smart appliances, surging levels of investment for the development and innovation in energy measurement technology, growing number of government regulations for energy utilization, rising preferences towards the usages of smart meters which record the consumption of electric energy and transfer the information to the supplier for monitoring and billing the energy usage of the customer are some of the major as well as vital factors which will likely to augment the growth of the active energy measurement integrated circuits (ICs) market in the projected timeframe of 2021-2028. On the other hand, increasing adoption of new and advanced technologies which offer various features in energy meters including measurement and monitoring along with rising trends of energy measurement to calculate reactive energy measurement, power quality monitoring, and multi-tariff billing which will further contribute by generating massive opportunities that will lead to the growth of the active energy measurement integrated circuits (ICs) market in the above mentioned projected timeframe.
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Global Integrated Circuits (ICs) Market: Major Players
Toshiba
Microchip
Omron
NJR
Maxim Integrated
ALBIC
Diodes
Intel
Analog Devices
Broadcom
Infineon
ON Semiconductor
AVX
Texas Instruments
STMicroelectronics
Micron
Epson
Cypress
NXP
IDT
Global Integrated Circuits (ICs) Market: By Types
Digital Ics
Analog Ics
Mixed-signal Integrated Circuits
Global Integrated Circuits (ICs) Market: By Applications
Computers
Mobile Phones
Automotive
Industrial
Others
Global Integrated Circuits (ICs) 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 Integrated Circuits (ICs) 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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