Power Management IC Market is expected to reach US$ 59.74 Bn. by 2029, at a CAGR of 8.10% during the forecast period.Global Power management IC market Definition
Power management integrated circuit (PMIC) is an integrated circuit device that is used to perform various functions related to power management. The power management functions include battery charging, power sequencing, DC to DC conversion, and linear regulation. PMIC combines these functions into a single device by reducing the number of extra components and space.To know about the Research Methodology :- Request Free Sample Report The report study has analyzed the revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.
Power management IC market Dynamics
Increasing adoption of PMIC in battery-operated products such as mobile phone devices and portable media players is a major driving factor behind the growth of the market. Growing technological advancements in power management devices, the rising market for electronics and semiconductor manufacturing industry across the globe, the increasing requirement for cost-effective devices to manage power and for energy-efficient battery-operated devices, the growing popularity of technologies such as energy harvesting and increasing demand of power management devices for the applications like IoT, medical, industrial, consumer, automotive and many others are expected to improve the growth of the market during the forecast period. PMIC provides some benefits such as optimize battery life, low power consumption, high efficiency, and high performance, which are ultimately propelling the growth of the market.However, when integrated with linear regulators there is a possibility of efficiency decrease with input-output voltage difference, which could hamper the growth of the market.Power management IC market Segment Analysis
By end-user, consumer electronics and wearable electronics segments dominated the market in 2022 and are expected to maintain its dominance at CAGR of 8.10% during the forecast period. The increasing market for electronics manufacturing industry across the globe is a major driving factor behind the growth of the market. Growing adoption of PMICs in consumer electronics products such as Smartphone, tablets, and other battery powered devices and rising trends of miniaturization of electronics components is making more demand for PMICs components in the global electronics market. The smartphone PMIC market is expected to grow at CAGR of 4% during the forecast period. Alternatively, the automotive segment is projected to witness fast growth at CAGR of 8.10%.Increasing adoption of PMICs in telematics, infotainments, and in advance driver assistance systems is attributed to the growth of the market.Regional Analysis
Region-wise, Asia Pacific held the largest market share in 2022 and is expected to maintain its dominance at CAGR of 7.3% during the forecast period. The economies such as China, Japan, India, and South Korea are major key contributors behind the growth of the market. Increasing sales of consumer electronics products such as mobile devices and other media player devices are attributed to the growth of the market in the region. The growing automotive sector, increasing adoption of data centers, growing market for LED technology, increasing adoption of smart grid technology, and growing use of PMICs in electric vehicles are some of the major factors, which are driving the growth of the market in the APAC region. China is the world’s largest consumer, producer, and exporter of the consumer electronics products and is a leading country in the world based on various industries manufacturing output with over US$ 4 trillion and held ~28.37% of global output. Japan held 7.23% and South Korea held 3.29% of global manufacturing output. Increasing the adoption of PMICs in various products is rapidly growing in China’s semiconductor market. It is expected that PMICs will be the fastest-growing IC for automotive electronics applications in the next five years along with the growing production of automobiles and ongoing advancement in automotive PMIC products. According to the study, MMR expected that India will become an electronic manufacturing hub in the coming years. Increasing investments in the country in semiconductor, electronic and mobile manufacturing segment is expected to drive the market in the country. The electronic component market is the fastest-growing segment in the country today. Also, in the union budget 2020, the Indian government approved $6.37 Bn investment in these segments, which is further expected to improve the growth of the market in the region.Power management IC market Key Development
In Jan 2021, Maxim Integrated Products, Inc launched ultra-low-power MAX20345 lithium charger with highly integrated PMICs and introduced a unique design that optimizes the sensitivity of optical measurements for wearable fitness and health applications. The objective of the report is to present a comprehensive analysis of the Global Power Management IC Market including all the stakeholders of the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Power Management IC Market dynamics, structure by analyzing the market segments and projects the Global Power Management IC Market. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Power Management IC Market make the report investor’s guide.Power Management IC Market Scope: Inquire before buying
Global Power Management IC Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US$ 34.63 Bn. Forecast Period 2023 to 2029 CAGR: 8.10% Market Size in 2029: US$ 59.74 Bn. Segments Covered: by Product Voltage regulators Motor control ICs Integrated ASSP Power Management ICs Battery Management ICs Others by End User Automotive / Transportation Consumer Electronics Wearable Electronics Industrial Telecom and Networking Others Power Management IC Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Key Players are:
1. Texas Instruments Incorporated 2. Analog Devices, Inc 3. Infineon Technologies AG 4. STMicroelectronics 5. NXP Semiconductors 6. Maxim Integrated 7. ON Semiconductor Corporation 8. Qualcomm Technologies Inc 9. Toshiba Corporation 10.Renesas Electronics Corporation 11.Mitsubishi Electric Corporation 12.ROHM Company Ltd 13.Dialog Semiconductor 14.Fairchild Semiconductor Corp 15.Linear Technology Corporation 16.Samsung Semiconductor 17.Marvell Semiconductor 18.Media Tek Frequently Asked Questions: 1. Which region has the largest share in Global Power Management IC Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Global Power Management IC Market? Ans: The Global Power Management IC Market is expected to grow at a CAGR of 8.10% during forecast period 2023-2029. 3. What is scope of the Global Power Management IC Market report? Ans: Global Power Management IC Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Power Management IC Market? Ans: The important key players in the Global Power Management IC Market are – Texas Instruments Incorporated, Analog Devices, Inc, Infineon Technologies AG, STMicroelectronics, NXP Semiconductors, Maxim Integrated, ON Semiconductor Corporation, Qualcomm Technologies Inc, Toshiba Corporation, Renesas Electronics Corporation, Mitsubishi Electric Corporation, ROHM Company Ltd, Dialog Semiconductor, Fairchild Semiconductor Corp, Linear Technology Corporation, Samsung Semiconductor, Marvell Semiconductor, and Media Tek. 5. What is the study period of this market? Ans: The Global Power Management IC Market is studied from 2022 to 2029.
1. Power management IC Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Power management IC Market: Dynamics 2.1. Power management IC Market Trends by Region 2.1.1. North America Power management IC Market Trends 2.1.2. Europe Power management IC Market Trends 2.1.3. Asia Pacific Power management IC Market Trends 2.1.4. Middle East and Africa Power management IC Market Trends 2.1.5. South America Power management IC Market Trends 2.2. Power management IC Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Power management IC Market Drivers 2.2.1.2. North America Power management IC Market Restraints 2.2.1.3. North America Power management IC Market Opportunities 2.2.1.4. North America Power management IC Market Challenges 2.2.2. Europe 2.2.2.1. Europe Power management IC Market Drivers 2.2.2.2. Europe Power management IC Market Restraints 2.2.2.3. Europe Power management IC Market Opportunities 2.2.2.4. Europe Power management IC Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Power management IC Market Drivers 2.2.3.2. Asia Pacific Power management IC Market Restraints 2.2.3.3. Asia Pacific Power management IC Market Opportunities 2.2.3.4. Asia Pacific Power management IC Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Power management IC Market Drivers 2.2.4.2. Middle East and Africa Power management IC Market Restraints 2.2.4.3. Middle East and Africa Power management IC Market Opportunities 2.2.4.4. Middle East and Africa Power management IC Market Challenges 2.2.5. South America 2.2.5.1. South America Power management IC Market Drivers 2.2.5.2. South America Power management IC Market Restraints 2.2.5.3. South America Power management IC Market Opportunities 2.2.5.4. South America Power management IC Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Power management IC Industry 2.8. Analysis of Government Schemes and Initiatives For Power management IC Industry 2.9. Power management IC Market Trade Analysis 2.10. The Global Pandemic Impact on Power management IC Market 3. Power management IC Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2022-2029 3.1. Power management IC Market Size and Forecast, by Product (2022-2029) 3.1.1. Voltage regulators 3.1.2. Motor control ICs 3.1.3. Integrated ASSP Power Management ICs 3.1.4. Battery Management ICs 3.1.5. Others 3.2. Power management IC Market Size and Forecast, by End User (2022-2029) 3.2.1. Automotive / Transportation 3.2.2. Consumer Electronics 3.2.3. Wearable Electronics 3.2.4. Industrial 3.2.5. Telecom and Networking 3.2.6. Others 3.3. Power management IC Market Size and Forecast, by Region (2022-2029) 3.3.1. North America 3.3.2. Europe 3.3.3. Asia Pacific 3.3.4. Middle East and Africa 3.3.5. South America 4. North America Power management IC Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 4.1. North America Power management IC Market Size and Forecast, by Product (2022-2029) 4.1.1. Voltage regulators 4.1.2. Motor control ICs 4.1.3. Integrated ASSP Power Management ICs 4.1.4. Battery Management ICs 4.1.5. Others 4.2. North America Power management IC Market Size and Forecast, by End User (2022-2029) 4.2.1. Automotive / Transportation 4.2.2. Consumer Electronics 4.2.3. Wearable Electronics 4.2.4. Industrial 4.2.5. Telecom and Networking 4.2.6. Others 4.3. North America Power management IC Market Size and Forecast, by Country (2022-2029) 4.3.1. United States 4.3.1.1. United States Power management IC Market Size and Forecast, by Product (2022-2029) 4.3.1.1.1. Voltage regulators 4.3.1.1.2. Motor control ICs 4.3.1.1.3. Integrated ASSP Power Management ICs 4.3.1.1.4. Battery Management ICs 4.3.1.1.5. Others 4.3.1.2. United States Power management IC Market Size and Forecast, by End User (2022-2029) 4.3.1.2.1. Automotive / Transportation 4.3.1.2.2. Consumer Electronics 4.3.1.2.3. Wearable Electronics 4.3.1.2.4. Industrial 4.3.1.2.5. Telecom and Networking 4.3.1.2.6. Others 4.3.2. Canada 4.3.2.1. Canada Power management IC Market Size and Forecast, by Product (2022-2029) 4.3.2.1.1. Voltage regulators 4.3.2.1.2. Motor control ICs 4.3.2.1.3. Integrated ASSP Power Management ICs 4.3.2.1.4. Battery Management ICs 4.3.2.1.5. Others 4.3.2.2. Canada Power management IC Market Size and Forecast, by End User (2022-2029) 4.3.2.2.1. Automotive / Transportation 4.3.2.2.2. Consumer Electronics 4.3.2.2.3. Wearable Electronics 4.3.2.2.4. Industrial 4.3.2.2.5. Telecom and Networking 4.3.2.2.6. Others 4.3.3. Mexico 4.3.3.1. Mexico Power management IC Market Size and Forecast, by Product (2022-2029) 4.3.3.1.1. Voltage regulators 4.3.3.1.2. Motor control ICs 4.3.3.1.3. Integrated ASSP Power Management ICs 4.3.3.1.4. Battery Management ICs 4.3.3.1.5. Others 4.3.3.2. Mexico Power management IC Market Size and Forecast, by End User (2022-2029) 4.3.3.2.1. Automotive / Transportation 4.3.3.2.2. Consumer Electronics 4.3.3.2.3. Wearable Electronics 4.3.3.2.4. Industrial 4.3.3.2.5. Telecom and Networking 4.3.3.2.6. Others 5. Europe Power management IC Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 5.1. Europe Power management IC Market Size and Forecast, by Product (2022-2029) 5.2. Europe Power management IC Market Size and Forecast, by End User (2022-2029) 5.3. Europe Power management IC Market Size and Forecast, by Country (2022-2029) 5.3.1. United Kingdom 5.3.1.1. United Kingdom Power management IC Market Size and Forecast, by Product (2022-2029) 5.3.1.2. United Kingdom Power management IC Market Size and Forecast, by End User (2022-2029) 5.3.2. France 5.3.2.1. France Power management IC Market Size and Forecast, by Product (2022-2029) 5.3.2.2. France Power management IC Market Size and Forecast, by End User (2022-2029) 5.3.3. Germany 5.3.3.1. Germany Power management IC Market Size and Forecast, by Product (2022-2029) 5.3.3.2. Germany Power management IC Market Size and Forecast, by End User (2022-2029) 5.3.4. Italy 5.3.4.1. Italy Power management IC Market Size and Forecast, by Product (2022-2029) 5.3.4.2. Italy Power management IC Market Size and Forecast, by End User (2022-2029) 5.3.5. Spain 5.3.5.1. Spain Power management IC Market Size and Forecast, by Product (2022-2029) 5.3.5.2. Spain Power management IC Market Size and Forecast, by End User (2022-2029) 5.3.6. Sweden 5.3.6.1. Sweden Power management IC Market Size and Forecast, by Product (2022-2029) 5.3.6.2. Sweden Power management IC Market Size and Forecast, by End User (2022-2029) 5.3.7. Austria 5.3.7.1. Austria Power management IC Market Size and Forecast, by Product (2022-2029) 5.3.7.2. Austria Power management IC Market Size and Forecast, by End User (2022-2029) 5.3.8. Rest of Europe 5.3.8.1. Rest of Europe Power management IC Market Size and Forecast, by Product (2022-2029) 5.3.8.2. Rest of Europe Power management IC Market Size and Forecast, by End User (2022-2029) 6. Asia Pacific Power management IC Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 6.1. Asia Pacific Power management IC Market Size and Forecast, by Product (2022-2029) 6.2. Asia Pacific Power management IC Market Size and Forecast, by End User (2022-2029) 6.3. Asia Pacific Power management IC Market Size and Forecast, by Country (2022-2029) 6.3.1. China 6.3.1.1. China Power management IC Market Size and Forecast, by Product (2022-2029) 6.3.1.2. China Power management IC Market Size and Forecast, by End User (2022-2029) 6.3.2. S Korea 6.3.2.1. S Korea Power management IC Market Size and Forecast, by Product (2022-2029) 6.3.2.2. S Korea Power management IC Market Size and Forecast, by End User (2022-2029) 6.3.3. Japan 6.3.3.1. Japan Power management IC Market Size and Forecast, by Product (2022-2029) 6.3.3.2. Japan Power management IC Market Size and Forecast, by End User (2022-2029) 6.3.4. India 6.3.4.1. India Power management IC Market Size and Forecast, by Product (2022-2029) 6.3.4.2. India Power management IC Market Size and Forecast, by End User (2022-2029) 6.3.5. Australia 6.3.5.1. Australia Power management IC Market Size and Forecast, by Product (2022-2029) 6.3.5.2. Australia Power management IC Market Size and Forecast, by End User (2022-2029) 6.3.6. Indonesia 6.3.6.1. Indonesia Power management IC Market Size and Forecast, by Product (2022-2029) 6.3.6.2. Indonesia Power management IC Market Size and Forecast, by End User (2022-2029) 6.3.7. Malaysia 6.3.7.1. Malaysia Power management IC Market Size and Forecast, by Product (2022-2029) 6.3.7.2. Malaysia Power management IC Market Size and Forecast, by End User (2022-2029) 6.3.8. Vietnam 6.3.8.1. Vietnam Power management IC Market Size and Forecast, by Product (2022-2029) 6.3.8.2. Vietnam Power management IC Market Size and Forecast, by End User (2022-2029) 6.3.9. Taiwan 6.3.9.1. Taiwan Power management IC Market Size and Forecast, by Product (2022-2029) 6.3.9.2. Taiwan Power management IC Market Size and Forecast, by End User (2022-2029) 6.3.10. Rest of Asia Pacific 6.3.10.1. Rest of Asia Pacific Power management IC Market Size and Forecast, by Product (2022-2029) 6.3.10.2. Rest of Asia Pacific Power management IC Market Size and Forecast, by End User (2022-2029) 7. Middle East and Africa Power management IC Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 7.1. Middle East and Africa Power management IC Market Size and Forecast, by Product (2022-2029) 7.2. Middle East and Africa Power management IC Market Size and Forecast, by End User (2022-2029) 7.3. Middle East and Africa Power management IC Market Size and Forecast, by Country (2022-2029) 7.3.1. South Africa 7.3.1.1. South Africa Power management IC Market Size and Forecast, by Product (2022-2029) 7.3.1.2. South Africa Power management IC Market Size and Forecast, by End User (2022-2029) 7.3.2. GCC 7.3.2.1. GCC Power management IC Market Size and Forecast, by Product (2022-2029) 7.3.2.2. GCC Power management IC Market Size and Forecast, by End User (2022-2029) 7.3.3. Nigeria 7.3.3.1. Nigeria Power management IC Market Size and Forecast, by Product (2022-2029) 7.3.3.2. Nigeria Power management IC Market Size and Forecast, by End User (2022-2029) 7.3.4. Rest of ME&A 7.3.4.1. Rest of ME&A Power management IC Market Size and Forecast, by Product (2022-2029) 7.3.4.2. Rest of ME&A Power management IC Market Size and Forecast, by End User (2022-2029) 8. South America Power management IC Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 8.1. South America Power management IC Market Size and Forecast, by Product (2022-2029) 8.2. South America Power management IC Market Size and Forecast, by End User (2022-2029) 8.3. South America Power management IC Market Size and Forecast, by Country (2022-2029) 8.3.1. Brazil 8.3.1.1. Brazil Power management IC Market Size and Forecast, by Product (2022-2029) 8.3.1.2. Brazil Power management IC Market Size and Forecast, by End User (2022-2029) 8.3.2. Argentina 8.3.2.1. Argentina Power management IC Market Size and Forecast, by Product (2022-2029) 8.3.2.2. Argentina Power management IC Market Size and Forecast, by End User (2022-2029) 8.3.3. Rest Of South America 8.3.3.1. Rest Of South America Power management IC Market Size and Forecast, by Product (2022-2029) 8.3.3.2. Rest Of South America Power management IC Market Size and Forecast, by End User (2022-2029) 9. Global Power management IC Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Power management IC Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. Texas Instruments Incorporated 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Analog Devices, Inc 10.3. Infineon Technologies AG 10.4. STMicroelectronics 10.5. NXP Semiconductors 10.6. Maxim Integrated 10.7. ON Semiconductor Corporation 10.8. Qualcomm Technologies Inc 10.9. Toshiba Corporation 10.10. Renesas Electronics Corporation 10.11. Mitsubishi Electric Corporation 10.12. ROHM Company Ltd 10.13. Dialog Semiconductor 10.14. Fairchild Semiconductor Corp 10.15. Linear Technology Corporation 10.16. Samsung Semiconductor 10.17. Marvell Semiconductor 10.18. Media Tek 11. Key Findings 12. Industry Recommendations 13. Power management IC Market: Research Methodology 14. Terms and Glossary