Power Management IC Market Size Is Expected to Exhibit 58.4 Billion USD by 2026
The prime objective of Power Management IC Market report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report.
Selbyville, DE -- (SBWire) -- 03/21/2019 --This Global Power Management IC market report studies the industry based on one or more segments covering key players, types, applications, products, technology, end-users, and regions for historical data as well as provides forecasts for next few years.
The increasing demand for battery operated devices and growing penetration of electric vehicles has boosted the adoption of power management integrated circuits. Growing need for energy efficient equipment, depleting fuel resources, and increasing need to reduce energy consumption further supports the growth of power management integrated circuits market.
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Additionally, the increasing adoption of energy harvesting equipment, and advancements in next generation mobile networks such as 3G, 4G, and 5G would boost market growth during the forecast period. Other factors supporting market growth include supportive government regulations, increasing awareness, and technological advancements. Increasing adoption of data centers, development of Big Data and IoT technologies, and increasing demand for consumer electronics further boosts the market growth.
Asia-Pacific generated the highest revenue in the market in 2017, and is expected to lead the global power management integrated circuits market throughout the forecast period. The increasing awareness among consumers, and rising environmental concerns drive the market growth in the region. The increasing penetration of electric vehicles, and growing applications in the automotive sector supports the market growth in this segment.
The increasing use of Power Management Integrated Circuits in building and home automation, and consumer electronics further supports power management integrated circuits market market growth. The rapid penetration of IoT devices, rising adoption of data centers, advancements in next generation mobile networks such as 3G, 4G, and 5G further fuels the growth of the market.
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The Power Management IC (PMIC) Market is anticipated to reach USD 58.4 billion by 2026, according to a new research. In 2017, the consumer electronics end-user segment dominated the global power management integrated circuits market, in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue during the forecast period.
The companies operating in the power management integrated circuits market include Infineon Technologies AG, Dialog Semiconductor PLC, Linear Technology Corporation, STMicroelectronics N.V., Texas Instruments Inc., Maxim Integrated Products, Inc., NXP Semiconductors, Renesas Electronics Corp., ON Semiconductor Corp., and Fairchild Semiconductor International, Inc.. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
Table of Contents
1. Overview and Scope
1.1. Research goal & scope
1.2. Research assumptions
1.3. Research Methodology
1.3.1. Primary data sources
1.3.2. Secondary data sources
1.4. Key take-away
1.5. Stakeholders
2. Executive Summary
2.1. Market Definition
2.2. Market Segmentation
3. Power Management Integrated Circuits Market Insights
3.1. Power Management Integrated Circuits ? Industry snapshot
3.2. Power Management Integrated Circuits - Ecosystem analysis
3.3. Power Management Integrated Circuits Market Dynamics
3.3.1. Power Management Integrated Circuits ? Market Forces
3.3.1.1. Power Management Integrated Circuits Market Driver Analysis
3.3.1.2. Power Management Integrated Circuits Market Restraint/Challenges analysis
3.3.1.3. Power Management Integrated Circuits Market Opportunity Analysis
3.4. Industry analysis - Porter's five force
3.4.1. Bargaining power of supplier
3.4.2. Bargaining power of buyer
3.4.3. Threat of substitute
3.4.4. Threat of new entrant
3.4.5. Degree of competition
3.5. Power Management Integrated Circuits Market PEST Analysis, 2016
3.6. Power Management Integrated Circuits Market Value Chain Analysis
3.7. Power Management Integrated Circuits Industry Trends
3.8. Competitive Ranking Analysis
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