DUBLIN–(BUSINESS WIRE)–The “Power Management ICs Market: Global Industry Trends, Share, Size, Growth, Opportunities and Forecast 2022-2027” report has been added to from ResearchAndMarkets.com offer.
The global market for power management ICs reached a value of US$28.5 billion in 2021. Looking ahead, the publisher expects the market to reach US$45.6 billion by 2027, growing at a CAGR of 8.15% in 2021-2027.
Analog Devices Inc.
Dialog Semiconductor PLC
Linear Technology Company
Maxim Integrated Products Inc.
NXP Semiconductors AG
About Semiconductor Corporation
Renesas Electronics Corporation
ST Microelectronics International SA
Texas Instruments Incorporated
Keeping in mind the uncertainties of COVID-19, we continuously monitor and assess the direct and indirect influence of the pandemic on different end-use sectors. This information is included in the report as a major market contributor.
A power management integrated circuit (PMIC) refers to an array of combined microchips used to manage the flow of power between transistors and capacitors in electronic devices. It is commonly used in battery-operated electronic devices, including smartphones, portable media players, wearables, and healthcare equipment.
It performs various operating functions, such as power and battery management, system control, voltage regulation, audio and interface functions, and other application-specific tasks. As a result, the PMIC finds many applications in the electronics, automotive, computer devices, communication and health sectors.
Growing demand for battery-powered consumer devices across the globe is one of the major factors driving the market growth. In addition, the growth of the telecommunications sector and various technological advancements in wireless technology and peripherals are other major factors for growth.
The market is also driven by growing environmental awareness which is driving the construction of cities with smart grid systems as an integral part. This leads to an increasing demand for PMIC systems to handle wired and unwired connections.
Additionally, increasing automation in the automotive industry is contributing significantly to the growth of the market. Automakers use PMIC systems to effectively manage extreme battery voltage fluctuations, extend battery life, and operate safety systems. Other factors including the widespread adoption of energy harvesting systems and the integration of Big Data and Internet of Things (IoT) across various industry verticals are expected to drive the market in the coming years. coming.
Key questions answered by this report
1. What is the impact of COVID-19 on the Global Power Management ICs Market?
2. What was the size of the global power management ICs market in 2021?
3. What are the key drivers of the global power management ICs market?
4. What are the key trends in the global power management IC market?
5. What will be the outlook for the global power management ICs market over the next five years?
6. What is the Global Power Management ICs Market Split by Product?
7. What is the Global Power Management ICs Market Split by Application?
8. What are the major regional markets of the global power management IC industry?
9. Who are the major players in the global power management IC industry?
Main topics covered:
2 Scope and methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Power Management ICs Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakdown by Product
7 Market Breakdown by Application
8 Market Breakdown by Region
9 SWOT Analysis
10 Value chain analysis
11 Analysis of the five forces of carriers
12 price indicators
13 Competitive landscape
13.1 Market structure
13.2 Key Players
13.3 Profiles of Key Players
For more information on this report, visit https://www.researchandmarkets.com/r/3nseww