Press release
Power Management IC Market Projected to Reach US$ 71.03 Billion by 2032, Expanding at a 6.3% CAGR
Power Management IC Market
๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:
A Power Management IC (PMIC) is an integrated circuit created to control power needs in electronic devices. It manages the distribution and regulation of energy from multiple sources (like batteries or power supplies) to various parts of a device. PMICs improve energy efficiency, reduce power usage, and maintain stable voltage levels, boosting the performance and battery longevity of devices such as smartphones, wearables, and automotive systems. They frequently incorporate elements such as voltage regulators, battery chargers, and power sequencing.
๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/power-management-ic-market/request-for-sample
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ซ๐๐ง๐๐ฌ:
โข The market CAGR for power management IC is fueled by the rising use of electric vehicles, which require intricate power management systems. Electric vehicles depend on effective power management to maximize battery utilization, guarantee dependable operation, and prolong driving distance.
โข The market is witnessing substantial growth, fueled by the development of wireless communication infrastructure and the rising need for effective power management in communication devices and networking equipment.
๐๐จ๐ฉ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ:
In this extremely competitive environment, major rivals constantly innovate and differentiate their products in an effort to take the lead in the market. Here are the top companies in the power management IC market:
โข Analog Devices Inc.
โข Infineon Technologies AG
โข Mouser Electronics India
โข NXP
โข Onsemi
โข Renesas Electronics Corp.
โข ROHM Co. Ltd
โข STMicroelectronics N.V.
โข Texas Instruments Incorporated
โข Vishay Intertechnology Inc.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐:
https://www.polarismarketresearch.com/industry-analysis/power-management-ic-market/request-for-discount-pricing
๐๐จ๐ฐ๐๐ซ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:
โข By type analysis, the multi-channel power management IC segment accounted for a significant market share due to its ability to manage multiple power rails and voltage levels within a single device.
โข Based on end-user analysis, the automotive segment is expected to grow at the fastest CAGR from 2025 to 2034. This is due to the increased manufacturing of automobiles incorporated with additional features to meet the rising consumer demand.
โข Asia Pacific dominated the market in 2024 due to the expansion of consumer electronics markets and the widespread adoption of advanced electronic devices such as smartphones and tablets.
โข North America accounted for a significant market share owing to the advanced technological infrastructure and the presence of major semiconductor companies.
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐จ๐ฉ๐:
This comprehensive study provides an accurate overview of the worldwide power management IC market. Comprehensive analyses of sales volume, price, revenue, market share, and important companies are included. The market is further divided into segments by type, end user, and region in the study, which offers a comprehensive picture of the state of the market.
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:
By Type Outlook (Revenue - USD Billion, 2020-2034)
โข Battery Management IC
โข Motor Control IC
โข Voltage Regulator
โข Multi-channel Power Management IC
โข Integrated ASSP Power Management IC
โข Others
By End-User Outlook (Revenue - USD Billion, 2020-2034)
โข Automotive
โข Consumer Electronics
โข Industrial
โข Computing
โข Communication
โข Building & Automation
โข Retail
โข Healthcare
โข Others
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐ก๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐:
https://www.polarismarketresearch.com/industry-analysis/power-management-ic-market
๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐๐ข๐ฌ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
According to regional analysis, in 2024, Asia Pacific led the global market due to the growth of consumer electronics markets and the widespread use of advanced electronic gadgets like smartphones and tablets.
Also, North America held a substantial market share due to its advanced technological framework, elevated acceptance of consumer electronics, and leading semiconductor firms. These companies aim to create advanced power management integrated circuits to satisfy consumers' growing needs.
โข North America (U.S., Canada)
โข Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
โข Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
โข Latin America (Brazil, Mexico, Argentina)
โข Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Capacitive Sensors Market:
https://www.polarismarketresearch.com/industry-analysis/capacitive-sensors-market
Semiconductor Intellectual Property (IP) Market:
https://www.polarismarketresearch.com/industry-analysis/semiconductor-intellectual-property-market
Millimeter Wave (MMW) Technology Market:
https://www.polarismarketresearch.com/industry-analysis/millimeter-wave-technology-market
Automotive Pcb Market:
https://www.polarismarketresearch.com/industry-analysis/automotive-pcb-market
๐๐จ๐ง๐ญ๐๐๐ญ:
๐๐ข๐ค๐ก๐ข๐ฅ ๐
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๐๐๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก & ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐๐ง๐:
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