Power Management IC (PMIC) Market to witness high growth in near future to 2026

Selbyville, Delaware Market Study Report Has Added A New Report On Power Management IC (PMIC) Market Size according to market dependency of specific report. That Provides A Comprehensive Review Of This Industry With Respect To The Driving Forces Influencing The Market Size. Comprising The Current And Future Trends Defining The Dynamics Of This Industry Vertical, This Report Also Incorporates The Regional Landscape Of Power Management IC (PMIC) Market In Tandem With Its Competitive Terrain.

This study elucidates how the Power Management IC (PMIC) market Sizewill perform over the forecast timeline. Growth indicators as well as the growth rate of the industry during the study period has been expounded in the report. In addition, the Power Management IC (PMIC) market report briefs the growth opportunities alongside the constraints of this industry vertical.

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Global Power Management IC (PMIC) Market is valued at approximately USD 21 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 9% over the forecast period 2019-2026.

Power Management IC (PMIC) is a type of integrated circuit that helps to manage power.

This PMIC is used to manage the flow of power form various power sources such as wall adapters, batteries and USB, for maintaining the current limit.  Power management ICs (PMICs) are developed for polymer/Li-ion battery-based applications and are also used in portable devices such as media players, smartphones, tablets, notebooks, navigation devices, and handheld medical and industrial devices. The smarter and more efficient regulations for the flow of power from in and out of the devices has led to the increase in the demand for PMIC equipped devices. PMICs can also be used in a car stereo directly with the help of plug-in cradle or USB cable. Further the increasing investments in automotive, industries, telecommunication and consumer electronics has led the demand of PMIC equipped devices over the forecast period of 2019-2026.

The regional analysis of global Power Management IC (PMIC) market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the leading/significant region across the world in terms of market share owing to the ongoing technological advancements in the manufacturing sector and the increasing penetration of high-speed internet connectivity. Whereas, North America is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as rising disposable income, increasing number of electric vehicles, and consumer electronic devices would create lucrative growth prospects for the Power Management IC (PMIC) market across Asia-Pacific region.

Major market player included in this report are:
Texas Instruments Inc.
Toshiba Corporation
Renesas Electronics corporation
Analog Devices
STMicorelectronic
Maxim Integrated
Infineon Technologies AG
NXP Semiconductors
Dialog Semiconductor
ON Semiconductor

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Integrated ASSP Power Management IC
Motor Control IC
Voltage Regulators
By Application:
Consumer and Wearable Electronics
Automotive
Telecom and Networking
Industries

Summary of the regional outlook documented in this report:

  • Consumption pattern and consumption rate with respected to each region.
  • Predicted consumption rates over the forecast period.
  • Market forecasts of key regions are detailed in the report.
  • Consumption market share solely based on the regional contribution.
  • Market share held by the listed geographies.

COVID-19, the disease it causes, surfaced in late and now had become a full-blown crisis worldwide. Over fifty key countries had declared a national emergency to combat coronavirus. With cases spreading, and the epicentre of the outbreak shifting to Europe, North America, India and Latin America, life in these regions has been upended the way it had been in Asia earlier in the developing crisis. As the coronavirus pandemic has worsened, the entertainment industry has been upended along with most every other facet of life. As experts work toward a better understanding, the world shudders in fear of the unknown, a worry that has rocked global financial markets, leading to daily volatility in the U.S. stock markets.

What are the market factors that are explained in the report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Analytical Tools: The Global Power Management IC (PMIC) Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyse the growth of the key players operating in the market.

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