Technavio, a tech-focused market research firm, has published a new report on the global voltage supervisor ICs market, which is expected to grow at a CAGR of close to 11% during the forecast period 2017-2021.
Based on geographical segmentation, Technavio market researchers categorize the global voltage supervisor ICs market into the following key regions: the Americas, APAC, and EMEA.
Source: Technavio
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Voltage supervisor ICs market in APAC: APAC dominates the global voltage supervisor ICs market owing to the high concentration of OEMs and ODMs. The abundant availability of raw materials and low establishment and labor costs have helped companies launch their production centers in APAC.
According to Chetan Mohan, a senior analyst at Technavio, specializing in research on embedded systems, “The growing demand for voltage supervisor ICs for consumer electronics and automotive applications in the region will drive the growth of the market in APAC during the forecast period. Advances in power semiconductor technology are also adding to the growth of the market in APAC.”
Voltage supervisor ICs market in EMEA: Europe is home to leading automotive manufacturers, which is responsible for the high demand for voltage supervisor ICs in the region. The market share of EMEA will increase during the forecast period due to the high adoption of consumer electronic devices. Rising demand for consumer electronic devices compelled many vendors to venture into the electronic component industry in the region, leading to high demand for voltage supervisor ICs.
Voltage supervisor ICs market in the Americas: The market share of the Americas will rise gradually during the forecast period due to the growth of industrialization in the region. The early adoption of innovative and advanced devices and appliances from North American consumers has encouraged voltage supervisor ICs manufacturers to develop high-performance ICs on a massive scale.
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The top vendors operating in the global voltage supervisor ICs market are:
- ON Semiconductor
- ROHM
- STMicroelectronics
- Texas Instruments
Other prominent vendors in the market include Analog Devices, Cypress Semiconductor, Intersil, Linear Technology, Maxim Integrated, and Renesas.
A more detailed analysis is available in the Technavio report titled, ‘Global Voltage Supervisor ICs Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Power Management IC Market 2016-2020
- Global RF IC Market 2016-2020
- Global Barcode Scanner Market 2017-2021
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