Friday, March 22, 2019

World Power Management Integrated Circuit Market 2019-2024 - Communications End-user to Hold Major Shares - ResearchAndMarkets.com

BWW News Desk
March 15, 2019

The a referrerpolicyunsafeurl targetblank hrefhttpswwwresearchandmarketscomresearch4z3qt4worldpowerw4 relnofollowPower Management Integrated Circuit Market Growth Trends and Forecast 2019 2024a report has been added to strongResearchAndMarketscomsstrong offering pblockquotep idpullquotepblockquote p The global power management integrated circuit market was valued at USD 1812 billion in 2018 and it is expected to register a CAGR of 485 during the forecast period 20192024 p p 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 powersaving electronic products in the market such as power ICs p p Increasing awareness about fire protection systems and the benefits of better technology for fire prevention are driving the growth of the market Consumers are looking for the latest technological products and the market is witnessing growing investment p p strongKey Market Trendsstrong p p emCommunications End User to Hold Major Shareem p p The advancement of wireless communication along with its devices and equipment is a major factor driving the PMIC market in the communication sector The growing demand for wired and wireless connection and their increasing industrial applications are also fueling advancement in infrastructure hence developing space for PMICs as well p p Carrier Ethernet switches and routers communication battery charger enterprise Ethernet switches and routers enterprise networks and Lowtier ConsumerSOHO Routers are some of the primary scopes considered for the market studied p p Increased use of nextgeneration mobile networks such as 4G and 5G is expected to fuel market growth Also with the rollout of the 5G market new devices need to be installed which is expected to further expand the scope of the market studied p p The growing number of small cells and the increasing use of satellite communication may also generate the demand for PMICs The small cell network market is estimated to register a CAGR of 267 to reach a market value of USD 682 billion by 2023 p p emAsiaPacific to Witness Significant Growthem p p AsiaPacific is the fastestgrowing semiconductor market in the world The region accounts for a share of about 71 in the global power management IC market due to the high concentration of OEMs and ODMs p p The growing demand for power management semiconductor ICs in consumer electronics and automotive applications in the region is expected to fuel the demand for power management ICs during the forecast period Growing initiatives such as Make in India by the Indian government and Vision 2020 by the Chinese government are increasingly drawing attention from the international players to set up local production establishments p p The region is also experiencing a lot of mergers and acquisitions For instance Renesas Electronics Corporation acquired Integrated Device Technology This acquisition will expand the companys advanced microcontroller system on chip and power management ICs supporting its strategy to become a leading embedded solutions provider p p strongCompetitive Landscapestrong p p The power management integrated circuits market is highly competitive and consists of several major players In terms of market share few of the major players currently dominate the market The companies across the world are introducing new products in the market to gain a competitive edge p p For instance Spansion Inc launched the first automotive power management IC for advanced driver assistance systems ADAS Another company Maxim Integrated Products launched power management ICs while offering the industrys smallest solution size and highest efficiency to help automotive designers meet space and power challenges of automotive applications p p Also in November 2018 Dialog Semiconductor PLC unveiled its fully integrated nanopower PMICs for IoT applications the DA9070 and DA9073 The new and more powerful PMICs are build on the success of Dialogs first nano power offerings further highlighting how Dialog has pushed the boundaries of its PMIC technology to improve lowpower IoT applications p p strongTopics Coveredstrong p p strong1 Introductionstrong p p 11 Study Deliverables p p 12 Study Assumptions p p 13 Scope of the Study p p strong2 Research Methodologystrong p p strong3 Executive Summarystrong p p strong4 Market Dynamicsstrong p p 41 Market Overview p p 42 Introduction to Market Drivers and Restraints p p 43 Market Drivers p p 44 Market Restraints p p 45 Industrial Value Chain Analysis p p 46 Industry Attractiveness Porters Five Forces Analysis p p strong5 Market Segmentationstrong p p 51 By Product p p 511 Voltage Regulators p p 512 Motor Control ICs p p 513 Battery Management ICs p p 52 By End User p p 521 Automotive p p 522 Consumer Electronics p p 523 Industrial p p 524 Communication p p 525 Other End Users p p 53 Geography p p 531 North America p p 532 Europe p p 533 AsiaPacific p p 534 Latin America p p 535 Middle East amp Africa p p strong6 Competitive Landscapestrong p p 61 Company Profiles p p 611 Texas Instruments Inc p p 612 ON Semiconductor Corporation p p 613 Analog Devices Inc p p 614 Dialog Semiconductor PLC p p 615 Maxim Integrated Products p p 616 NXP Semiconductors NV p p 617 Infineon Technologies AG p p 618 Qualcomm Incorporated p p 619 Renesas Electronic Corporation p p 6110 STMicroelectronics NV p p strong7 Investment Analysisstrong p p strong8 Market Opportunities and Future Trendsstrong p p For more information about this report visit a referrerpolicyunsafeurl targetblank hrefhttpswwwresearchandmarketscomresearch4z3qt4worldpowerw4 relnofollowhttpswwwresearchandmarketscomresearch4z3qt4worldpowerw4a p pimg referrerpolicyunsafeurl alt srchttpsctsbusinesswirecomctCTidbwnewsampsty20190315005402r1ampsidweb02ampdistronxamplangen stylewidth0height0span classbwct31415p

SOURCE: BUSINESS WIRE. ©2015 Business Wire

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