DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Digital Power Management Multichannel IC Market by Product Type and Application - Global Opportunity Analysis and Industry Forecast, 2014-2022" report to their offering.
The global market is expected to garner $35,109 million by 2022, registering a CAGR of 16.3% during the period 2016-2022.
Digital power management multi-channel ICs are a vital part of electronic devices which provide power management to internal electronic parts. The global digital power management multi-channel IC market is poised to witness significant growth during the forecast period. In 2015, Asia-Pacific dominated the market and contributed more than 41% of the overall market revenue, followed by North America. Presence of key market players in the U.S. and Asia-Pacific, rapid industrialization, primarily in manufacturing sectors, and increase in demand for high-performance devices have fueled the growth of the digital power management multichannel IC market. However, complexity with integration of ICs for a wide range of applications is one of the key restraints of the market.
The voltage regulators segment dominated the market, accounting for about 27% of the overall market share in 2015, owing to their increase in requirement for various functions, such as step-up, step-down, and voltage inverting. However, the battery management IC segment is expected to register a CAGR of 16.4%, and is projected to demonstrate significant growth during the forecast period due to increased demand for small and low-cost products with a long battery life. Moreover, effective battery management has become increasingly important, as portable applications extend into more industries.
- STMicroelectronics N.V.
- Texas Instruments Inc.
- Maxim Integrated Products Inc.
- Renesas Electronics Corp.
- Analog Devices Inc.
- Dialog Semiconductor Plc
- NXP Semiconductors
- On Semiconductor Corporation
- Qualcomm Inc.
- Linear Technology Corporation
Key Topics Covered:
Chapter 1. Introduction
Chapter 2. Executive Summary
Chapter 3. Market Overview
Chapter 4. Global Digital Power Management Multi-Channel IC Market, By Product Type
Chapter 5. Global Digital Power Management Multi-Channel IC Market, By Applications
Chapter 6. Global Digital Power Management Multi-Channel IC Market, By Geography
Chapter 7. Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/72g79p/digital_power.