Insights on the Power Management IC Global Market to 2027 - by Product, Application and Region - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Power Management IC Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

The global power management IC market reached a value of US$ 28.5 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 45.6 Billion by 2027, exhibiting a CAGR of 8.15% during 2021-2027.

Companies Mentioned

• Analog Devices Inc.
• Dialog Semiconductor PLC
• Linear Technology Corporation
• Maxim Integrated Products Inc.
• NXP Semiconductors N.V.
• On Semiconductor Corporation
• Renesas Electronics Corporation
• ST Microelectronics International N.V.
• Texas Instruments Incorporated

Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

A power management integrated circuit (PMIC) refers to an array of combined microchips that are used to manage the flow of energy between transistors and capacitors in electronic devices. It is commonly utilized in battery-operated electronics, including smartphones, portable media players, wearable devices and healthcare equipment.

It performs various operating functions, such as power and battery management, system control, voltage regulation, audio and interface functions and other application-specific tasks. Owing to this, PMIC finds extensive applications across electronics, automotive, computing devices, communication and healthcare industries.

The growing demand for battery-powered consumer devices across the globe is one of the key factors driving the growth of the market. Furthermore, the growth of the telecommunication sector and various technological advancements in wireless technology and peripheral devices are other major growth-inducing factors.

The market is also being driven by the growing environmental-consciousness leading to the construction of cities with smart grid systems as their integral part. This is leading to an increasing demand for PMIC systems to manage wired and non-wired connections.

Additionally, rising automation in the automotive industry is contributing significantly to the market growth. Automobile manufacturers utilize PMIC systems to efficiently manage extreme battery voltage fluctuations, extend the battery life and operate security systems. Other factors, including the widespread adoption of energy harvesting systems and the integration of Big Data and Internet of Things (IoT) across various industry verticals, are projected to drive the market in the upcoming years.

Key Questions Answered in This Report

1. What is the impact of COVID-19 on the global power management IC market?

2. What was the global power management IC market size in 2021?

3. What are the major global power management IC market drivers?

4. What are the major global power management IC market trends?

5. What will be the global power management IC market outlook during the next five years?

6. What is the global power management IC market breakup by product?

7. What is the global power management IC market breakup by application?

8. What are the major regional markets in the global power management IC industry?

9. Who are the leading players in the global power management IC industry?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Power Management IC Market

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Forecast

6 Market Breakup by Product

7 Market Breakup by Application

8 Market Breakup by Region

9 SWOT Analysis

10 Value Chain Analysis

11 Porters Five Forces Analysis

12 Price Indicators

13 Competitive Landscape

13.1 Market Structure

13.2 Key Players

13.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/3nseww