The global Power Management Integrated Circuits market size was valued at $33.96 billion in 2019 and is projected to reach $51.4 billion by 2027, growing at a CAGR of 5% from 2021 to 2027. Technological advances and increasing demand for battery operated devices are: These are the major drivers for the global power management integrated circuits market. Additionally, the growth of the PMIC market is directly related to the growth of the consumer electronics (mainly smartphones) and automotive segments. Among all the drivers mentioned above, smartphones play an important role in increasing demand for PMICs.
A full report of Power Management IC Market available at: https://www.orionmarketreports.com/power-management-integrated-circuit-ic-market/26343/
Key Players
• 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
• STMicroelectronics
Power Management IC Market- Segmentation
By Product:
• Linear Regulators
• Switching Regulators
• Voltage References
• Power Management ASICs/ASSPs/others (including Battery Charging & Management ICs, Energy Management ICs, LED Driver ICs, Power-over-Ethernet (PoE) Controllers, Power Factor Correction (PFC) Controllers, Hot Swap Controllers, and Wireless Charging ICs)
By Application:
• Consumer Electronics
• Wearable Electronics
• Automotive
• Healthcare
• Industrial & Retail
• Building Control
(This release has been published on Global Market Post. Next Biz Post is not responsible for any content included in this release.)
