The power management integrated circuit market was valued at USD 19.34 billion in 2020 and expected to reach USD 25.5 billion by 2026 and grow at a CAGR of 4% over the forecast period (2021-2027). Globally, the significant rise in the consumption and cost of energy has forced consumers to save energy and devise methods to minimize environmental impacts caused by carbon emissions. This has increased the demand for power-saving electronic products in the market, such as power ICs.
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Texas Instruments Inc. (U.S.), ON Semiconductor Corp. (U.S.), Analog Devices, Inc. (U.S.), Dialog Semiconductor PLC (U.K.), Maxim Integrated Products, Inc. (U.S.), STMicroelectronics N.V. (Switzerland), and Linear Technology Corp. (U.S.) are among the main market players throughout the PMIC ecosystem. These businesses are either PMIC manufacturers or device integrators, and they provide end-users solutions that are tailored to their specific needs. Consumer electronics, wearable electronics, healthcare, building control, automotive, and industrial & retail are just some of the applications with end users.
Power Management Integrated Circuits Market- Segmentation
By Product Type
• Voltage Regulators
• Linear Voltage Regulators
• DC/DC Regulators
• Motor Control IC
• Integrated ASSP Power Management IC
• Battery Management IC
• Other Power Management IC
By End Use
• Automotive & Transportation
• Consumer Electronics
• Industrial
• Telecom & Networking
• Others
By Application:
• Consumer Electronics
• Wearable Electronics
• Automotive
• Healthcare
• Industrial & Retail
• Building Control
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
