Power Management Integrated Circuits (PMIC) Market – Industry Analysis, Size, Demand, Advantage and Future Innovation
The Power Management ICs Market size was valued at USD 33.96 Billion in 2019 and is projected to reach USD 51.04 Billion by 2027, growing at a CAGR of 5.3%.
PORTLAND, OREGON, USA, July 18, 2022 /EINPresswire.com/ — Allied Market Research (Portland, Oregon, USA) has released the latest report titled “Power Management Integrated Circuits (PMIC) Market”.
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According to Allied Market Research, the Power Management Integrated Circuit (PMIC) market report provides an in-depth analysis of the market based on various parameters such as sales analysis, key driving factors, market trends, market, the main players in the market, the main pockets of investment. and market size, which help in formulating sound business strategies and making informed decisions. The Global Power Management Integrated Circuit (PMIC) Market report provides an overview of the market and describes the definition and scope of the market. Ongoing technological developments and increasing demand are having an influential effect on the growth of the market.
Additionally, the study provides Porter’s Five Forces Model, along with portfolio and financial analysis and business overview of services and products. Additionally, the report provides quantitative and qualitative analysis of the market, outlines pain point analysis, value chain analysis, and major regulations.
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The Global Power Management Integrated Circuits (PMIC) Market report provides a comprehensive study of the dynamic driving and restraining factors, major challenges and lucrative opportunities. Additionally, the study covers SWOT analysis which helps in recognizing the restraining and driving factors of the market. Further, the report describes market segmentation and growth analysis of the top 10 market players currently active in the industry. Drivers and opportunities help grasp dynamic trends in the market and how market players can take advantage of these trends.
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The report covers a brief analysis of the impact of the Covid-19 outbreak on the market. Prolonged lockdown and disrupted supply chain coupled with stringent restrictions on international trade are severely impacting the growth of the global power management integrated circuit (PMIC) market. The Covid-19 pandemic has driven up commodity prices and changed customer preferences.
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The regions analyzed in the report are North America (United States, Canada and Mexico), Europe (Germany, France, United Kingdom, Russia and Italy), Asia-Pacific (China, Japan, Korea , India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, Nigeria and South Africa). This regional analysis helps in formulating business strategies that target specific regions to take advantage of lucrative opportunities.
Key market segments:
• By product type
o Voltage regulators
Linear voltage regulators
o Motor driver IC
o Built-in ASSP power management IC
o Integrated battery management circuit
o Other power management IC
• By end use
o Automotive & Transportation
o Consumer electronics
o Telecom & Networks
In-depth analysis of each segment helps in making strategic decisions and making profitable investments in the future. Moreover, it helps market players gain a competitive advantage. The analysis of segments and sub-segments is offered in the form of graphs and tables. This study is essential for understanding the most revenue-generating and fast-growing segments of the market.
The major market players studied in the report are Texas Instruments Inc., ON Semiconductor Corp., Analog Devices Inc., Dialog Semiconductor PLC, Maxim Integrated Products Inc., NXP Semiconductors, Infineon Technologies AG, Mitsubishi Group, Renesas Electronics Corporation, and STMicroelectronics NV.
These companies have adopted various business strategies such as new product launches, mergers and acquisitions, partnerships and collaborations to maintain their position in the market.
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