Power Management IC Market (PMIC) Market By Type (Voltage Regulators, Battery Management ICs, Motor Control ICs and Integrated ASSP (application-specific standard product), By Industry Verticals (Electronics, Automotive, Telecommunications and Others (Defense and aerospace, railway and healthcare) Industry Trends, Estimation & Forecast, 2016 - 2024

September 2017

 Pages: 134

 ERC 5642

Power Management IC (PMIC) market was valued at $40.21 billion in 2016 and is projected to reach $61.33 billion by 2023, growing at a CAGR of 6.4% from 2017 to 2023. In 2016, the voltage regulators segment generated the highest revenue share in the global PMIC market.
Power management ICs is an electronics component, which manages the requirement of the host system in any device. These devices offer high-performance with enhanced efficiency of the product in various end user industry. These integrated circuits are gaining popularity and witnessing increased demand across different application sectors such as consumer electronics, automobiles, industrial, medical and medical instruments. PMICs enable optimum integration solutions, owing to their characteristic features such as power management, system control, battery management, interface & audio functions, and other system specific functions.
Demand for power management ICs is expected to witness robust growth throughout the forecast period due to growing demand for longer battery life of portable devices and growing awareness about efficient use of power. Moreover, decline in prices of ICs and their applications in automobiles, smartphones, tablets and others portable handheld devices is expected to spur the market throughout the forecast period. The smartphones and automotive industries have witnessed tremendous growth in the past few years and have strongly influenced the power management IC market. This trend is expected to continue throughout the forecast period.
The PMIC market is segmented on the basis of product, application, and geography. Based on the product, the market is segmented into voltage regulators, motor control ICs, integrated ASSP power management ICs, battery management ICs, and others. The applications of the market are automotive, consumer electronics, industries, telecom & networking, and others. The market is segmented based on four regions, namely North America, Europe, Asia-Pacific, and Rest of World (RoW).

Application overview
The consumer electronics segment offers lucrative scope to industry players and is expected to exhibit higher growth as compared to the other segments during the forecast period. Asia Pacific accounted for the highest revenue share in the global market in 2016, owing to the increase in demand for semiconductor & automated devices.

Competition analysis
The key players profiled in the report are Texas Instruments Inc., STMicroelectronics N.V., Renesas Electronics Corp, ON Semiconductor Corp., Mitsubishi Electric, Linear Technology, Maxim Integrated, Dialog Semiconductor PLC, Semtech Corporation, and Rohm Co Ltd.

KEY BENEFITS FOR STAKEHOLDERS

• The study provides an in-depth analysis of the global PMIC market to elucidate the prominent investment pockets.
• Current trends and future estimations are outlined to determine the overall attractiveness and single out profitable trends to gain a stronger foothold in the market.
• The report provides information related to key drivers, restraints, and opportunities and their impact analysis.
• The market is analyzed based on various regions, namely, North America, Europe, Asia-Pacific, and RoW.

KEY MARKET SEGMENTS

BY PRODUCT
• Voltage regulators
• Motor control ICs
• Integrated ASSP Power Management ICs
• Battery Management ICs
• Others
BY APPLICATION
• Automotive
• Consumer Electronics
• Industrial
• Telecom & Networking
• Others
BY GEOGRAPHY
• North America
  o U.S.
  o Mexico
  o Canada
• Europe
  o UK
  o Germany
  o France
  o Rest of the Europe
• Asia-Pacific
  o China
  o Japan
  o India
  o South Korea
  o Rest of Asia-Pacific
• RoW
  o Latin America
  o Middle East
  o Africa
KEY PLAYERS
• Texas Instruments Inc.
• STMicroelectronics N.V.
• Renesas Electronics Corp
• ON Semiconductor Corp.
• Mitsubishi Electric
• Linear Technology
• Maxim Integrated
• Dialog Semiconductor PLC
• Semtech Corporation
• Rohm Co Ltd.

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    What Information does this report contain?

    • What was the market size of the Global Power Management IC (PMIC) Market in 2016 and the expected market size by 2024, along with the growth rate?
    • An in-depth analysis of the current impacting factors, opportunities and challenges/restraints in the market
    • Which are the largest revenue generating products, services or regions and their comparative growth rate?
    • Which technology is in trend and how would it evolve during the forecast period (2016 - 2024)?
    • Which are the leading companies in the Global Power Management IC (PMIC) Market and their competitive positioning basis their market share, product portfolio, strategic attempts and business focus?

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