Power Management Integrated Circuit (PMIC) Market

Power Management Integrated Circuit (PMIC) Market: Rapid Adoption of Energy Efficient Electronic Devices Contributing to Growth: Global Industry Analysis 2013 - 2017 and Opportunity Assessment 2018 - 2028

  • 2019-01-24
  • REP-GB-4367
  • 240 pages
  • Format: PDF/PPT/Excel

An Incisive, In-depth Analysis on the Power Management Integrated Circuit Market

This study offers a comprehensive, 360 degree analysis on the Power Management Integrated Circuit market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Power Management Integrated Circuit market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

The demand for Power Management Integrated Circuits (PMIC) is growing continuously due to the increasing demand for consumer electronic devices, such as smartphones, tablets and smart TVs, in most of the established and growing economies. A radical rise in the consumption and cost of energy in the world has forced consumers to save energy and devise methods to minimise the environmental impacts caused by carbon emissions. Due to this, the demand for power-saving electronic products has increased, which is fuelling the growth of the Power Management Integrated Circuit (PMIC) market. Moreover, the Power Management Integrated Circuit (PMIC) market is expected to gain traction in the coming years due to an increase in the demand for Power Management Integrated Circuits (PMICs) for use in the battery-powered devices used in the healthcare and telecommunication sectors.

The Industrial Revolution 4.0 is Completely Transforming Various Industry Verticals in Developed as well as Developing Economies

The global Power Management Integrated Circuit (PMIC) market is segmented based on application and region. Based on application, the global Power Management Integrated Circuit (PMIC) market is sub-segmented into automotive, communication equipment, enterprise systems and industrial & personal electronics. Due to an increase in the number of electric vehicles, the automotive segment is expected to create potential growth opportunities for the vendors of Power Management Integrated Circuits (PMICs). Power Management Integrated Circuits (PMICs) are used in electric vehicles to manage extreme battery voltage fluctuations, support system security functions, extend the battery life of vehicles and integrate mobile technologies with vehicles. Moreover, the demand for Power Management Integrated Circuits (PMICs) is growing continuously due to the increasing demand for consumer electronic devices, such as smartphones, tablets and smart TVs, in various regions. Moreover, the Power Management Integrated Circuit (PMIC) market is expected to gain traction in the coming years due to an increase in the demand for Power Management Integrated Circuits (PMICs) for battery-powered devices used in the healthcare and telecommunication sectors.  

Continuous Expansion of the Internet of Things (IoT) Ecosystem in Various Countries is One of the Major Factors Driving the Power Management Integrated Circuit (PMIC) Market

The adoption of next-generation and advanced technologies, such as 5G wireless, Internet of Things (IoT), sensors & modules and carrier-grade Wi-Fi, in manufacturing processes is gaining traction. Due to these factors, the automotive sub-segment is expected to create an incremental opportunity of US$ 4,369.6 Mn during the forecast period. In addition, the automotive industry is completely moving towards next-generation vehicle technologies such as vehicle-to-vehicle communication, driverless vehicles, electric vehicles and others.

The Discrete Manufacturing Industry is Becoming a Key Source of Demand for Power Management Integrated Circuits (PMICs)

Power Management Integrated Circuits (PMIC) are used in various fields, such as railways and transportation systems, industrial motion control, factory automation, power generation systems and others, as power management devices offer efficient power transfer among devices. Today, industries in countries such as India, China, Germany, the U.S., France and the U.K., are moving towards digitisation and are creating ideal conditions for manufacturing & automation.

The Adoption of Energy Efficient Consumer Electronic Devices is Boosting the Global Power Management Integrated Circuit (PMIC) Market

Power Management Integrated Circuits (PMICs) are used in laptops, personal desktops, data communication systems as well as in various electronic devices to improve energy efficiency and for the optimised conversion of voltage from one level to another. Power Management Integrated Circuits (PMICs) are witnessing a significant adoption across the globe due to the increasing usage of consumer electronic devices, such as laptops, computers and connected devices, in countries such as China, India, Japan, Singapore, United Arab Emirates (UAE), Poland, the U.K., Germany and Russia, which is a key factor driving the Power Management Integrated Circuits (PMICs) market.

Asia Pacific is Expected to Grow at a High CAGR during the Forecast Period Due to Increasing Foreign Direct Investment and Increasing Commitment to 5G Technologies in India & China

Geographically, the Asia Pacific Power Management Integrated Circuit (PMIC) market is expected to grow at a high CAGR during the forecast period owing to factors such as the ongoing technological advancements in the manufacturing sector and the increasing penetration of high-speed internet connectivity. China and India are among the major contributors to the growth of the Asia Pacific Power Management Integrated Circuit (PMIC) market. Growth in digitisation and automation in India and China is one of the major factors contributing to the growth of the Power Management Integrated Circuit (PMIC) market in these countries. As present, China is the most connected country in the world. Moreover, the Chinese government is undertaking initiatives to develop connected infrastructure. In addition, India is one of the fastest-growing economies in the world and the government is creating a favourable business environment for foreign investors. Owing to these factors, Asia Pacific is one of the prominent investment areas for the vendors of Power Management Integrated Circuits (PMICs). Moreover, the North America region is becoming a key source of demand for Power Management Integrated Circuits (PMICs) because the adoption of advanced automation systems in North America is high as compared to other regions.

Market Participants

According to FMI analysis, business partnerships with other Power Management Integrated Circuit (PMIC) manufacturers and long-term business contracts are projected to help the vendors of Power Management Integrated Circuits (PMICs) increase revenue from the market. In addition, new innovation strategies and research & development strategies will enable them to benefit from the new growth opportunities available in the Power Management Integrated Circuit (PMIC) market. Some of the major market participants profiled in the global Power Management Integrated Circuit (PMIC) market report are: ON Semiconductor Corporation, Texas Instruments, NXP Semiconductors N.V., STMicroelectronics, ROHM Semiconductor, Analog Devices, Inc., Renesas Electronics Corporation, Maxim Integrated, Infineon Technologies AG, Cypress Semiconductor Corporation, Skyworks Solutions, Inc., Microchip Technology Inc., Semtech Corporation and Samsung.

Report Synopsis

Future Market Insights (FMI) offers a 10-year forecast of the Power Management Integrated Circuit (PMIC) between 2018 and 2028. In terms of value, the Power Management Integrated Circuit (PMIC) market is expected to register a double-digit CAGR during the forecast period. This study demonstrates the global Power Management Integrated Circuit (PMIC) market dynamics and trends across six regions: North America, Latin America, Western Europe, Eastern Europe, Japan, APEJ and MEA, which influence the current nature and the future status of the Power Management Integrated Circuit (PMIC) market over the forecast period.

Report Description

This Power Management Integrated Circuit (PMIC) market research report provides a detailed analysis of the Power Management Integrated Circuit (PMIC) market, and offers insights about the various factors driving the popularity of Power Management Integrated Circuits (PMICs). The Power Management Integrated Circuit (PMIC) market report includes an extensive analysis of the key industry drivers, challenges, market trends and market structure. The Power Management Integrated Circuit (PMIC) market study provides a comprehensive assessment of the stakeholder strategies and imperatives for succeeding in the business. The report segregates the market based on application and different regions globally.

The Power Management Integrated Circuit (PMIC) market is expected to witness significant value growth during the forecast period owing to an increase in the demand for energy-efficient electronic equipment from various industry verticals and the increasing adoption of connected devices in industrial communication.

The Power Management Integrated Circuit (PMIC) market report starts with an overview of the Power Management Integrated Circuit (PMIC) market in terms of value. In addition, this section includes an analysis of the key trends, drivers and challenges from the supply, demand and economy side, which are influencing the Power Management Integrated Circuit (PMIC) market.

A detailed analysis has been provided for every segment in terms of the market size analysis for the Power Management Integrated Circuit (PMIC) market across different regions. This section also provides a detailed analysis of the key trends of the Power Management Integrated Circuit (PMIC) market.

The next section contains a detailed analysis of the Power Management Integrated Circuit (PMIC) market across various countries in the region. It provides a market outlook for 2018–2028, and sets the forecast within the context of the Power Management Integrated Circuit (PMIC) market, which includes the latest technological developments as well as offerings in the market. This Power Management Integrated Circuit (PMIC) market study discusses the key trends within countries contributing to the growth of the market, as well as analyses the degrees at which the drivers are influencing this market in each region. The key regions and countries assessed in the Power Management Integrated Circuit (PMIC) market report include North America (U.S. & Canada), Latin America (Brazil, Mexico & the rest of Latin America), Western Europe (Germany, U.K., France, Italy, Spain, Nordic, BENELUX and the rest of Western Europe), Eastern Europe (Poland, Russia and the rest of Eastern Europe), Japan, APEJ (China, India, Australia & New Zealand, ASEAN & the rest of APEJ) and MEA (GCC Countries, Israel, South Africa & the rest of MEA). This Power Management Integrated Circuit (PMIC) market report evaluates the present scenario and the growth prospects of the Power Management Integrated Circuit (PMIC) market across various regions globally for the period 2018 –2028. FMI has considered 2018 as the base year, and provided data for the remaining 12 months.

To offer an accurate forecast, we have started by sizing the current Power Management Integrated Circuit (PMIC) market, which forms the basis of how the Power Management Integrated Circuit (PMIC) market will grow in the future. Given the characteristics of the Power Management Integrated Circuit (PMIC) market, FMI has triangulated the outcome of the different types of analysis based on the technology trends.

As previously highlighted, the global Power Management Integrated Circuit (PMIC) is split into a number of segments. All the segments in terms of application and different regions are analysed in terms of the basis points to understand the relative contributions of individual segments to the growth of the Power Management Integrated Circuit (PMIC) market. This detailed information is important for the identification of the various key trends in the global Power Management Integrated Circuit (PMIC) market.

In addition, another key feature of the Power Management Integrated Circuit (PMIC) market report is the analysis of all the key segments in terms of absolute dollar opportunity. This is traditionally overlooked while forecasting a market. However, the absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify the potential resources from a sales and delivery perspective in the global Power Management Integrated Circuit (PMIC) market.

In the final section of the Power Management Integrated Circuit (PMIC) market report, we have included a competitive landscape to provide clients a dashboard view based on the categories of providers in the value chain, their presence in the Power Management Integrated Circuit (PMIC) market and key differentiators. This section is primarily designed to provide clients an objective and detailed comparative assessment of the key providers specific to a market segment in the Power Management Integrated Circuit (PMIC) supply chain, and the potential players for the same. Report audiences can gain segment-specific vendor insights to identify and evaluate the key competitors based on an in-depth assessment of their capabilities and success in the marketplace. The detailed profiles of providers are also included in the scope of the Power Management Integrated Circuit (PMIC) market report to evaluate their long-term and short-term strategies, key offerings and recent developments in the Power Management Integrated Circuit (PMIC) market. Some of the key competitors covered in the Power Management Integrated Circuit (PMIC) market report are: ON Semiconductor Corporation, Texas Instruments, NXP Semiconductors N.V., STMicroelectronics, ROHM Semiconductor, Analog Devices, Inc., Renesas Electronics Corporation, Maxim Integrated, Infineon Technologies AG, Cypress Semiconductor Corporation, Skyworks Solutions, Inc., Microchip Technology Inc., Semtech Corporation and Samsung.

Key Segments

By Application

  • Automotive

  • Communication Equipment

  • Enterprise Systems

  • Industrial

  • Personal Electronics

Key Regions

  • North America

    • U.S.

    • Canada

  • Latin America

    • Brazil

    • Mexico

    • Rest of Latin America

  • Western Europe

    • Germany

    • U.K.

    • France

    • Italy

    • Spain

    • Nordic

    • BENELUX

    • Rest of Western Europe

  • Eastern Europe

    • Poland

    • Russia

    • Rest of Eastern Europe

  • APEJ

    • China

    • India

    • Australia & New Zealand

    • ASEAN

    • Rest of APEJ

  • Japan

  • MEA

    • GCC Countries

    • Israel

    • South Africa

    • Rest of MEA

Key Companies

  • ON Semiconductor Corporation

  • Texas Instruments

  • NXP Semiconductors N.V.

  • STMicroelectronics

  • ROHM Semiconductor

  • Analog Devices, Inc.

  • Renesas Electronics Corporation

  • Maxim Integrated

  • Infineon Technologies AG

  • Cypress Semiconductor Corporation

  • Skyworks Solutions, Inc.

  • Microchip Technology Inc.

  • Semtech Corporation

  • Samsung

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