The emergence of the rapidly evolving consumer electronics market (mainly smartphone & other mobile devices) is driving the demand for BCD power ICs on a global scale. These smart devices have functionalities that require enormous power. Given the limited backup provided by the inbuilt smartphone batteries, the role of BCD ICs in smart power management for displays, application processors, and baseband processors becomes crucial. Power management integrated circuit (PMICs) embedded into smartphones and tablets extend the battery life of devices by managing power with minimal loss.
In this report, Technavio covers the present scenario and growth prospects of the global BCD power IC market for 2016-2020. The report also presents the vendor landscape and a corresponding detailed analysis of the top five vendors operating in the market. The market is segmented into the following regions:
APAC: largest market for BCD power ICs
The BCD power IC market in APAC is estimated to exceed USD 25 billion by 2020, growing at a CAGR of over 7% during the forecast period.
According to Technavio, APAC dominated the market in 2015, and is expected to remain the biggest market for BCD power ICs during the forecast period due to a high concentration of original equipment manufacturers (OEMs) and original device manufacturers (ODMs).
Countries like Japan, South Korea, and Taiwan are home to big players in the electronic manufacturing industry. The high quantity of raw materials, low establishment and labor costs, and business-friendly government policies have attracted semiconductor companies such as TSMC to establish their production centers in this region.
“Technological advances in power semiconductor technology and the integration of BCD power ICs in consumer electronics and automotive applications are fueling the market's growth in this region,” says Asif Gani, a lead research analyst for embedded systems at Technavio.
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EMEA: high demand for BCD power ICs from automotive industry
The BCD power IC market in EMEA is predicted to exceed USD 5 billion by 2020, growing at a CAGR of over 6% during the forecast period. The BCD power IC market in EMEA is expected to grow significantly during the forecast period due to high adoption of consumer electronic devices.
Europe is also the hub of the automotive industry, where the demand for power ICs is increasing significantly. The automotive industry has attracted many global electronics component manufacturing firms to EMEA, resulting in a high demand for BCD power ICs. Countries such as France, Germany, the UK, and Russia are major contributors to the growth of the market.
Americas: new innovations boost market for BCD power ICs
The BCD power IC market in the Americas is estimated to generate revenue exceeding USD 4 billion by 2020, growing at a CAGR of over 6% during the forecast period.
The Americas, especially North America, is a mature market for technology products. Consumers in the region are generally early adopters of emerging technologies. “With the emergence of new technology such as the IoT, wearable tech, and other recent innovations, the need for efficient power management will play a key role in defining the market performance of emerging technologies. This will lead to market growth for BCD power IC in the Americas during the forecast period,” says Asif.
- Maxim Integrated
- Texas Instruments
- Global Foundries
Some of the other prominent vendors listed in the report are: Allegro MicroSystems, BCD Semiconductor Manufacturing, Jazz Semiconductor, Magnachip, Tower Jazz, and United Microelectronics
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- Global Ultracapacitor Market 2015-2019
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