Power Management Integrated Circuit (IC) Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, Italy, France, Spain, Russia, Poland, China, India, Japan, Australia, Brazil, Mexico, Argentina, South Africa, Saudi Arabia, UAE), Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2019 – 2025

Report ID: GMI4127

  Table of Contents
Summary Methodology

Power Management Integrated Circuit Market size is set to gain at substantial rate from 2019 to 2025 driven by its increasing applications in various sectors such as automotive, consumer electronics, networking, telecommunication, etc. These components are gaining high traction due to various functions such as power management, interface, audio functions, battery management, and system controls. The increasing demand for these components is attributed to the increasing energy cost and government regulations. The energy management feature reduces power consumption in various device applications, promoting industry growth. The increasing demand for consumer electronics, such as smartphones, tablets, and smart TVs, is supporting the implementation of these circuits for efficient power management. The growing emphasis of electronics product manufacturers on limiting the electricity usage will fuel the market development.
 

The major factor hindering the power management integrated circuit market is the complexity involved in designing and developing these circuits. The size of these components is compact, creating complication in the fabrication process. These components are costly due to the requirement of technically advanced equipment for manufacturing. This equipment is expensive, which requires high capital investments and restricts small companies from entering the industry. Another factor affecting the power management IC market is the complex integration process for multi-power domain SOCs in the circuits. This process includes the integration of various components into a chip, which is intricate and requires automated equipment. External factors, such as the fluctuating raw material price and trading policies, are hindering the market growth.
 

The power management integrated circuit market is gaining popularity due to the increasing demand and adoption of battery-operated electronic devices. A prominent feature of these components supporting its high demand is efficient power management and system controls in electronic devices. An upcoming trend in the power management integrated circuit market is the implementation of these components in IoT devices, which has supported the demand for various smart devices such as smart TVs, smartphones, tablets, smart speakers, etc. The components implemented in smart devices provide enhanced energy efficiency and system control features. Increasing energy efficiency norms and several government regulations are promoting the application of these power-saving components in electronic devices to reduce the overall energy consumption. Autonomous vehicles are gaining high popularity in the automotive sector, providing several industry development opportunities. The high utilization of these circuits in the automotive sector for the functioning of electronic components is increasing the demand for these chips. The major functions include battery power management, infotainment, and advanced driver assistance system (ADAS), driving the market growth.
 

In the power management IC market, voltage regulator models are gaining high traction owing to their applications in automation, data processing, lighting operations, etc. These components ensure a constant output of voltage regardless of fluctuation in input supply. This feature prevents electronic devices from damaging, overheating, etc., increasing the efficiency and life expectancy. Furthermore, the voltage comparator plays a crucial role in a power supply system. Additionally, the rapid adoption of smart devices has led to the innovation of better energy management systems. The major challenge in smartphones, smartwatches, and other devices is the lack of long-lasting battery support. These circuits support in overcoming the challenge by efficient management of power, providing improved battery life in electronic devices.
 

The adoption of these components in the automotive industry is increasing due to the rising inclusion of electronic components in vehicles. The circuits play a significant role in fluctuating load situations and providing reliable & stable power. The rise in pollution levels is leading to the adoption of electric cars, increasing the inclusion of various electronic components and battery power controlling solutions. Additionally, these ICs are battery friendly and consume negligible power in case of standby conditions, leading to their higher adoption in electric cars. The increasing implementation of various infotainment systems in vehicles to enhance the traveler experience will support the demand for these circuits.
 

The North American region power management integrated circuit (IC) market is growing rapidly owing to the increasing demand for energy-efficient electronic devices. The increasing implementation of these components in connected devices & IoT technology is supporting the industry growth. The U.S. government has invested in smart cities and smart home development, increasing the development of electronic devices and leading to the implementation of these components. The Asia Pacific region is witnessing growth in manufacturing activities due to the presence of several prominent players in this region. The availability of raw material suppliers in this region is supporting the reduction of transportation cost. Moreover, the growth of various industries including automotive, consumer electronics, and telecommunication in this region is promoting the power management integrated circuit market development.
 

Major players operating in the power management IC market include Analog Devices Inc., Texas Instruments Inc., Maxim Integrated Products Inc., Infineon Technologies AG, Mitsubishi Group, Daktronics, Inc., ON Semiconductor Corp., Renesas Electronics Corp, STMicroelectronics N.V., and Dialog Semiconductor PLC. These players are focusing on strategic activities such as collaborations & partnerships and mergers & acquisitions. Several companies of the market are developing innovative products to strengthen the product portfolio and gain a competitive advantage by highly investing in R&D activities.
 

In November 2018, Analog Devices Inc. announced the launch of micro module regulators, which combine the highest power with energy-efficient performance, reducing the requirements of cooling infrastructure for data centers. In April 2018, Renesas Electronics Corp announced the launch of programmable power management ICs, which offer the highest energy efficiency and the smallest footprint for applications in smartphones, tablets, etc. Such innovations and developments from major players are boosting the power management integrated circuit market growth.
 

The power management integrated circuit (IC) market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD and shipment in units from 2015 to 2025 for the following segments:
 

Power Management Integrated Circuit Market, By Product Type

  • Low voltage regulator
  • Motor control ICs
  • Integrated ASSP power management IC
  • Other

Power Management IC Market, By End User

  • Automotive
  • Consumer electronics
  • Telecom and networking
  • Other

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Taiwan
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • South Africa

 


What Information does this report contain?

Historical data coverage: 2014 to 2018; Growth Projections: 2019 to 2025.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.


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