This research report segments and provides market forecast of the global power management integrated circuit (IC) market by ICT, electronics, automotive, and computer hardware, and manufacturing. It includes market shares of APAC, EMEA, Americas, and ROW. Leading market vendors analyzed by the report include Fairchild Semiconductor, Freescale Semiconductor, Qualcomm, ROHM, STMicroelectronics, and Texas Instruments.
Technavio’s market research analysts estimate the global power management IC market to grow at a CAGR of around 7% between 2015 and 2019. Increasing concern over fast-depleting energy resources has encouraged the adoption of power management ICs. The power management IC market in the EMEA region is expected to witness significant growth during the forecast period, with countries such as France, Germany, the UK, and Russia playing an important role in the market’s growth. Moreover, Europe is the hub of the automotive industry, and the demand for power management ICs is increasing significantly in the automotive industry.
The new market research report from Technavio provides a breakdown and analysis of the power management ICs segments by technology.
“The need for efficient utilization of electricity has prompted consumers and governments to shift towards the power-saving electronic products. The deployment of power management ICs in electronic devices reduces power consumption while augmenting the system’s reliability and robustness. It increases the energy efficiency of electronic products. The efficient power conversion process also lowers energy costs, which is further boosting the demand for power management ICs,” says Navin Rajendra, Lead Analyst, Hardware & Semiconductor, Technavio research.
Application of power management IC in the ICT segment mainly refer to the use of power management semiconductors in devices such as smart phones, battery packs, and telecom power systems. The ICT sector is expected to witness high growth due to the rise in the demand for smartphones with cutting edge features and deployment of next-generation LTE wireless networks. According to this market forecast, it is likely to cross revenues worth USD 10 billion until 2019.
Global power management IC market in the ICT sector ($ billions)
Source: Technavio Research
The leading vendors in the global power management IC market are Texas Instruments, Qualcomm, ROHM, Freescale Semiconductors, Fairchild and STMicroelectronics. This market is consolidate with very low concertation of vendors. The competition in the market is expected to intensify, with technological advancements in the semiconductor industry and strategic alliances among vendors
A more detailed analysis is available in the Technavio report, Global Power Management IC Market 2015-2019.
We can customize reports by other regions and specific segments upon request.
Other Related Reports:
- Global IC Market 2015-2019
- IC Market in Japan 2015-2019
- Global Smart Card IC Market 2015-2019
- IC Packaging Market in Taiwan 2015-2019