Global Power Management Integrated Circuit Market Report 2021-2026: Focus

Dublin, December 15, 2021 (GLOBE NEWSWIRE) – The “Power Management Integrated Circuit Market – Forecast 2021-2026” the report was added to ResearchAndMarkets.com offer.

The power management integrated circuit market is expected to grow at a CAGR of 8.04% during the forecast period to reach US $ 56.864 billion by 2026, from US $ 33.094 billion in 2019

The main reasons for the market growth during the forecast period are the increasing automation in several industry verticals and the increasingly complex structures of these devices. However, complex power management IC designs have the potential to constrain the market.

Linear regulator supervision and switching regulator power management integrated circuits are expected to hold a significant share of the market during the forecast period owing to the increase in operations. However, integrated circuits for charging and managing batteries are expected to grow at a significant rate.

Depending on the type, power management integrated circuits are distinguished by the role played as supervision, sequencing and control of linear regulators, battery charging and management, switching regulator, etc. Linear regulator supervision and switching regulator power management ICs are expected to hold a significant share of the market during the forecast period.

Linear regulators use error amplifiers to compare the regulator output voltage and the internal reference voltage to regulate and define the voltage flow in the circuit. In addition, due to their compact size and convenient use in combination with sensitive analog applications, linear regulator integrated circuits are more popular than other integrated circuits.

However, switching regulator integrated circuits are more efficient than linear regulators due to their low efficiency output transistors. These regulators are also known as DC or DC converters and are available in a variety of circuit topologies. But switching regulators generate noise which plays a disadvantageous role compared to their wafer despite a competitive advantage compared to linear regulators.

In addition to the 2 ICs above, the charging and battery management ICs are expected to show lucrative growth and are expected to grow at the fastest CAGR. With the automation around various verticals, the demand for batteries has increased significantly, which is supporting the growth of the market. In addition, the innovation and growing penetration of portable batteries and power banks are also contributing significantly to the market.

The automotive, consumer electronics, communications, and technology industries are facing strong demand which drives market adoption of power management integrated circuits and projects lucrative growth opportunities. for the market

By end-user industry, power management integrated circuits are segmented into manufacturing, automotive, consumer electronics, communication and technology, healthcare, military and defense, and others. Robust growth in the automotive, consumer electronics, communications, and technology industries is expected to provide lucrative opportunities for the power management integrated circuit market and significantly increase the market size.

The increase in disposable income, coupled with the rise in living standards and the penetration of technology, has increased the demand for consumer electronics, especially smart devices such as smart TVs, smart watches, smartphones and others, which support industry demand for power management integrated circuits.

In addition, environmental concerns and improved technology have driven up the use of electronic cars, further increasing the demand for power management integrated circuits. Tesla and Hyundai are the world’s leading producers of electronic cars.

Companies mentioned

  • Texas instruments
  • Analog Devices Inc.
  • Maxim integrated
  • Infineon Technologies AG
  • Nordic
  • Renesas electronics company
  • STMicroelectronics
  • Microchip Technology Inc.
  • On semiconductors
  • Dialogue semiconductor
  • NXP semiconductors

Key market segments

By type

  • Supervision of linear regulators
  • Sequencing and control
  • Battery charge and management
  • Switching regulator
  • Others

By business sector

  • Manufacturing
  • Automotive
  • Consumer electronics
  • Communication and technology
  • Health care
  • Military and Defense
  • Others

By geography

  • North America
  • United States
  • Canada
  • Mexico
  • South America
  • Brazil
  • Argentina
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Middle East and Africa
  • Saudi Arabia
  • United Arab Emirates
  • Israel
  • Asia Pacific
  • China
  • Japan
  • South Korea
  • India
  • Thailand
  • Taiwan
  • Indonesia
  • Others

For more information on this report, visit https://www.researchandmarkets.com/r/e659ci


Alan A. Seibert