The latest research report on Power Management IC (PMIC) market provides a complete investigation of the current and future scenario of this industry domain. It highlights the major trends and avenues that are expanding the business horizon, along with the obstacles & restraints that are arresting the market growth. The study elaborates on vast historical data and compares it with the latest updates on the various market segmentation to identify business expansion opportunities. It also offers projections pertaining to the market share, volume, sizes, and growth rate over the analysis timeframe. Furthermore, the report talks about invaluable data based on the consumption and pricing patterns, followed by a clear depiction of the competitive arena.
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.
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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.
Renesas Electronics corporation
Infineon Technologies AG
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:
Integrated ASSP Power Management IC
Motor Control IC
Consumer and Wearable Electronics
Telecom and Networking
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year â€“ 2016-,2017
Base year â€“ 2018
Forecast period â€“ 2019 to 2026
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Goals and objectives of this Report
- Understanding the opportunities and progress of Global Market highlights, as well as key regions and countries involved in market growth.
- Study the different segments of the Global Market and the dynamics of Global Market in the market.
- Categorize Global Market segments with increasing growth potential and evaluate the futuristic segment market
- To analyze the most important trends related to the different segments that help to decipher and convince the Global Market.
- To verify region-specific growth and development in the Global Market.
- Understand the key stakeholders in the Global Market and the value of the competitive image of the Global Market leaders.
- To study key plans, initiatives and strategies for the development of the Global Market.
Key questions answered in the report:
- Which are the five top players of the Global Market?
- How will the Global Market change in the next five years?
- Which product and application will take a lion’s share of the Global Market?
- What are the drivers and restraints of the Global Market?
- Which regional market will show the highest growth?
- What will be the CAGR and size of the Global Market throughout the forecast period?
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