Global Power Management IC Market (PMIC) Market By Type (Voltage Regulators, Battery Management ICs, Motor Control ICs and Integrated ASSP (application-specific standard product)), By Industry Verticals (Electronics, Automotive, Telecommunications) and Others (Defense and aerospace, railway and healthcare) Industry trends, Estimation & Forecast, 2016 - 2024
Power Management IC Market (PMIC) Market By Type (Voltage Regulators, Battery Management ICs, Motor Control ICs and Integrated ASSP (application-specific standard product), By Industry Verticals (Electronics, Automotive, Telecommunications and Others (Defense and aerospace, railway and healthcare) Industry trends, Estimation & Forecast, 2016 – 2024
Power Management IC Market is expected to reach $61.33 billion by 2023, with CAGR of 6.4%. The voltage regulators segment is highest revenue generating segment of power management IC market.
Power Management IC (PMIC) is a semiconductor electronic component which manages the power requirement of host system in any device. It operates by managing the flow of power from different sources such as, batteries, and USB and wall adaptors. These integrated circuits are gaining popularity and witnessing increased demand across different application sectors such as consumer electronics, automobiles, industrial, medical and medical instruments. Power management, system control, battery management, interface & audio functions, and other system specific functions are key features of PMIC which helps it to achieve optimum power integration.
MARKET DYNAMICS
Need for longer battery life, evolving awareness about energy efficiency, and decline in per unit price of PMIC are key elements fueling the growth of global PMIC market. In addition applications in automobiles, Smartphone, tablets and others portable handheld devices are expected to spur the market throughout the forecast period. Owing to tremendous growth in Smartphone and automobile industry, the global PMIC market is expected to grow at 6.4% CAGR.
The complex integration with multi power system on chip (SoC) and the size of the PMIC are some of the factors that might restrain the growth of PMIC market for further growth.
Increasing efficiency of power management IC and evolving application in numerous sectors are prime opportunities forecasted for global PMIC market. Further, automation in automobiles and growing smart cities will also help in growth of global PMIC market.
COMPETITIVE LANDSCAPE
The global PMIC market is identified by high competition among present vendors. The market is highly versatile and key vendors compete on the basis of pricing, product innovation, quality and performance of the IC. Growing research and development in PMIC sectors backed with high investment will further intensify the competition. For instance, MediaTek Labs launched New HDK and Extend the LinkIt™ Development Platform for RTOS to Wearables on October 2016.
MARKET SEGMENTATION
Global PMIC market is segmented on the basis of product, application, and geography. Product segmentation is further segmented into voltage regulators, motor control ICs, integrated ASSP power management ICs, battery management ICs, and others. Automotive, consumer electronics, industries, telecom & networking, and others are segments based on application categorization. The market is segmented based on four regions, namely North America, Europe, Asia-Pacific, and Rest of World (RoW).
Some of key players such are Dialog Semiconductor PLC, Linear Technology, Maxim Integrated, Mitsubishi Electric, ON Semiconductor Corp., Renesas Electronics Corp, Rohm Co Ltd., Semtech Corporation, STMicroelectronics N.V., and Texas Instruments Inc.
KEY MARKET SEGMENTS
BY PRODUCT
Power Management IC Market is expected to reach $61.33 billion by 2023, with CAGR of 6.4%. The voltage regulators segment is highest revenue generating segment of power management IC market.
Power Management IC (PMIC) is a semiconductor electronic component which manages the power requirement of host system in any device. It operates by managing the flow of power from different sources such as, batteries, and USB and wall adaptors. These integrated circuits are gaining popularity and witnessing increased demand across different application sectors such as consumer electronics, automobiles, industrial, medical and medical instruments. Power management, system control, battery management, interface & audio functions, and other system specific functions are key features of PMIC which helps it to achieve optimum power integration.
MARKET DYNAMICS
Need for longer battery life, evolving awareness about energy efficiency, and decline in per unit price of PMIC are key elements fueling the growth of global PMIC market. In addition applications in automobiles, Smartphone, tablets and others portable handheld devices are expected to spur the market throughout the forecast period. Owing to tremendous growth in Smartphone and automobile industry, the global PMIC market is expected to grow at 6.4% CAGR.
The complex integration with multi power system on chip (SoC) and the size of the PMIC are some of the factors that might restrain the growth of PMIC market for further growth.
Increasing efficiency of power management IC and evolving application in numerous sectors are prime opportunities forecasted for global PMIC market. Further, automation in automobiles and growing smart cities will also help in growth of global PMIC market.
COMPETITIVE LANDSCAPE
The global PMIC market is identified by high competition among present vendors. The market is highly versatile and key vendors compete on the basis of pricing, product innovation, quality and performance of the IC. Growing research and development in PMIC sectors backed with high investment will further intensify the competition. For instance, MediaTek Labs launched New HDK and Extend the LinkIt™ Development Platform for RTOS to Wearables on October 2016.
MARKET SEGMENTATION
Global PMIC market is segmented on the basis of product, application, and geography. Product segmentation is further segmented into voltage regulators, motor control ICs, integrated ASSP power management ICs, battery management ICs, and others. Automotive, consumer electronics, industries, telecom & networking, and others are segments based on application categorization. The market is segmented based on four regions, namely North America, Europe, Asia-Pacific, and Rest of World (RoW).
Some of key players such are Dialog Semiconductor PLC, Linear Technology, Maxim Integrated, Mitsubishi Electric, ON Semiconductor Corp., Renesas Electronics Corp, Rohm Co Ltd., Semtech Corporation, STMicroelectronics N.V., and Texas Instruments Inc.
KEY MARKET SEGMENTS
BY PRODUCT
- Voltage regulators
- Motor control ICs
- Integrated ASSP Power Management ICs
- Battery Management ICs
- Others
- Automotive
- Consumer Electronics
- Industrial
- Telecom & Networking
- Others
- North America
- U.S.
- Mexico
- Canada
- Europe
- UK
- Germany
- France
- Rest of the Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- RoW
- Latin America
- Middle East
- Africa
- Dialog Semiconductor PLC
- Linear Technology
- Maxim Integrated
- Mitsubishi Electric
- ON Semiconductor Corp.
- Renesas Electronics Corp
- Rohm Co Ltd.
- Semtech Corporation
- STMicroelectronics N.V.
- Texas Instruments Inc.
CHAPTER 1.INTRODUCTION
1.1. Research Methodology
1.2. Market Definition
1.3. Report Overview
CHAPTER 2. MARKET OVERVIEW
2.1. Value Chain Analysis
2.2. Porter’s Five Forces Model
2.2.1.High bargaining power of buyers
2.2.2.Medium threat of new entrants
2.2.3.Low threat of substitution
2.2.4.High intensity of rivalry
2.3. Market Share Analysis
2.4. Investment Pockets
2.5. Strategies at a Glance
2.6. Market determinants
2.6.1.Drivers
2.6.1.1.Increasing sale of portable devices
2.6.1.2.Increasing demand energy efficiency
2.6.1.3.Increasing demand for alternative energy
2.6.1.4.Increase in demand for wearable devices
2.6.2.Restraints
2.6.2.1.High complex structure
2.6.3.Opportunities
2.6.3.1.Energy harvesting applications
2.6.3.2.Usage in smart buildings
CHAPTER 3.GLOBAL POWER MANAGEMENT IC (PMIC) MARKET BY PRODUCT
3.1. Voltage regulators
3.1.1.Market Trends, Growth and Opportunities
3.1.2.Market Estimate and Forecast
3.2. Motor control IC
3.2.1. Market Trends, Growth and Opportunities
3.2.2. Market Estimate and Forecast
3.3. Integrated ASSP Power Management IC
3.3.1. Market Trends, Growth and Opportunities
3.3.2. Market Estimate and Forecast
3.4. Battery management IC
3.4.1. Market Trends, Growth and Opportunities
3.4.2. Market Estimate and Forecast
3.5. Others
3.5.1. Market Trends, Growth and Opportunities
3.5.2. Market Estimate and Forecast
CHAPTER 4. GLOBAL POWER MANAGEMENT IC (PMIC) MARKET BY APPLICATION
4.1. Automotive
4.1.1. Market Trends, Growth and Opportunities
4.1.2. Market Estimate and Forecast
4.2. Consumer electronics
4.2.1. Market Trends, Growth and Opportunities
4.2.2. Market Estimate and Forecast
4.3. Industry
4.3.1. Market Trends, Growth and Opportunities
4.3.2. Market Estimate and Forecast
4.4. Telecom and networking
4.4.1. Market Trends, Growth and Opportunities
4.4.2. Market Estimate and Forecast
4.5. Others (military, medical, electronics etc.)
4.5.1. Market Trends, Growth and Opportunities
4.5.2. Market Estimate and Forecast
CHAPTER 5. POWER MANAGEMENT IC (PMIC) MARKET, BY GEOGRAPHY
5.1. North America
5.1.1. Market Trends, Growth and Opportunities
5.1.2. Market Estimate and Forecast
5.1.3. U.S.
5.1.4. Mexcio
5.1.5. Canada
5.2. Europe
5.2.1. Market Trends, Growth and Opportunities
5.2.2. Market Estimate and Forecast
5.2.3. U.K.
5.2.4. Germany
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia Pacific
5.3.1. Market Trends, Growth and Opportunities
5.3.2. Market Estimate and Forecast
5.3.3. India
5.3.4. Japan
5.3.5. China
5.3.6. South Korea
5.3.7. Rest of Asia-PACific
5.4. Rest of the World
5.4.1. Market Trends, Growth and Opportunities
5.4.2. Market Estimate and Forecast
5.4.3. Latin America
5.4.4. Middle East
5.4.5. Africa
CHAPTER 6. COMPANY PROFILES
6.1. Texas Instruments, Inc.
6.1.1. Company Overview
6.1.2. Company Snapshot
6.1.3. Business Overview
6.1.4. Strategic Attempts
6.2. STMicroelectronics
6.2.1. Company Overview
6.2.2. Company Snapshot
6.2.3. Business Overview
6.2.4. Strategic Attempts
6.3. Renesas Electronics Corp.
6.3.1. Company Overview
6.3.2. Company Snapshot
6.3.3. Business Overview
6.3.4. Strategic Attempts
6.4. ON Semiconductor
6.4.1. Company Overview
6.4.2. Company Snapshot
6.4.3. Business Overview
6.4.4. Strategic Attempts
6.5. Mitsubishi Electric
6.5.1. Company Overview
6.5.2. Company Snapshot
6.5.3. Business Overview
6.5.4. Strategic Attempts
6.6. Linear Technology
6.6.1. Company Overview
6.6.2. Company Snapshot
6.6.3. Business Overview
6.6.4. Strategic Attempts
6.7. Maxim Integrated
6.7.1. Company Overview
6.7.2. Company Snapshot
6.7.3. Business Overview
6.7.4. Strategic Attempts
6.8. Dialog Semiconductor PLC
6.8.1. Company Overview
6.8.2. Company Snapshot
6.8.3. Business Overview
6.8.4. Strategic Attempts
6.9. Semtech Corporation
6.9.1. Company Overview
6.9.2. Company Snapshot
6.9.3. Business Overview
6.9.4. Strategic Attempts
6.10. Rohm Co Ltd.
6.10.1. Company Overview
6.10.2. Company Snapshot
6.10.3. Business Overview
6.10.4. Strategic Attempts
1.1. Research Methodology
1.2. Market Definition
1.3. Report Overview
CHAPTER 2. MARKET OVERVIEW
2.1. Value Chain Analysis
2.2. Porter’s Five Forces Model
2.2.1.High bargaining power of buyers
2.2.2.Medium threat of new entrants
2.2.3.Low threat of substitution
2.2.4.High intensity of rivalry
2.3. Market Share Analysis
2.4. Investment Pockets
2.5. Strategies at a Glance
2.6. Market determinants
2.6.1.Drivers
2.6.1.1.Increasing sale of portable devices
2.6.1.2.Increasing demand energy efficiency
2.6.1.3.Increasing demand for alternative energy
2.6.1.4.Increase in demand for wearable devices
2.6.2.Restraints
2.6.2.1.High complex structure
2.6.3.Opportunities
2.6.3.1.Energy harvesting applications
2.6.3.2.Usage in smart buildings
CHAPTER 3.GLOBAL POWER MANAGEMENT IC (PMIC) MARKET BY PRODUCT
3.1. Voltage regulators
3.1.1.Market Trends, Growth and Opportunities
3.1.2.Market Estimate and Forecast
3.2. Motor control IC
3.2.1. Market Trends, Growth and Opportunities
3.2.2. Market Estimate and Forecast
3.3. Integrated ASSP Power Management IC
3.3.1. Market Trends, Growth and Opportunities
3.3.2. Market Estimate and Forecast
3.4. Battery management IC
3.4.1. Market Trends, Growth and Opportunities
3.4.2. Market Estimate and Forecast
3.5. Others
3.5.1. Market Trends, Growth and Opportunities
3.5.2. Market Estimate and Forecast
CHAPTER 4. GLOBAL POWER MANAGEMENT IC (PMIC) MARKET BY APPLICATION
4.1. Automotive
4.1.1. Market Trends, Growth and Opportunities
4.1.2. Market Estimate and Forecast
4.2. Consumer electronics
4.2.1. Market Trends, Growth and Opportunities
4.2.2. Market Estimate and Forecast
4.3. Industry
4.3.1. Market Trends, Growth and Opportunities
4.3.2. Market Estimate and Forecast
4.4. Telecom and networking
4.4.1. Market Trends, Growth and Opportunities
4.4.2. Market Estimate and Forecast
4.5. Others (military, medical, electronics etc.)
4.5.1. Market Trends, Growth and Opportunities
4.5.2. Market Estimate and Forecast
CHAPTER 5. POWER MANAGEMENT IC (PMIC) MARKET, BY GEOGRAPHY
5.1. North America
5.1.1. Market Trends, Growth and Opportunities
5.1.2. Market Estimate and Forecast
5.1.3. U.S.
5.1.4. Mexcio
5.1.5. Canada
5.2. Europe
5.2.1. Market Trends, Growth and Opportunities
5.2.2. Market Estimate and Forecast
5.2.3. U.K.
5.2.4. Germany
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia Pacific
5.3.1. Market Trends, Growth and Opportunities
5.3.2. Market Estimate and Forecast
5.3.3. India
5.3.4. Japan
5.3.5. China
5.3.6. South Korea
5.3.7. Rest of Asia-PACific
5.4. Rest of the World
5.4.1. Market Trends, Growth and Opportunities
5.4.2. Market Estimate and Forecast
5.4.3. Latin America
5.4.4. Middle East
5.4.5. Africa
CHAPTER 6. COMPANY PROFILES
6.1. Texas Instruments, Inc.
6.1.1. Company Overview
6.1.2. Company Snapshot
6.1.3. Business Overview
6.1.4. Strategic Attempts
6.2. STMicroelectronics
6.2.1. Company Overview
6.2.2. Company Snapshot
6.2.3. Business Overview
6.2.4. Strategic Attempts
6.3. Renesas Electronics Corp.
6.3.1. Company Overview
6.3.2. Company Snapshot
6.3.3. Business Overview
6.3.4. Strategic Attempts
6.4. ON Semiconductor
6.4.1. Company Overview
6.4.2. Company Snapshot
6.4.3. Business Overview
6.4.4. Strategic Attempts
6.5. Mitsubishi Electric
6.5.1. Company Overview
6.5.2. Company Snapshot
6.5.3. Business Overview
6.5.4. Strategic Attempts
6.6. Linear Technology
6.6.1. Company Overview
6.6.2. Company Snapshot
6.6.3. Business Overview
6.6.4. Strategic Attempts
6.7. Maxim Integrated
6.7.1. Company Overview
6.7.2. Company Snapshot
6.7.3. Business Overview
6.7.4. Strategic Attempts
6.8. Dialog Semiconductor PLC
6.8.1. Company Overview
6.8.2. Company Snapshot
6.8.3. Business Overview
6.8.4. Strategic Attempts
6.9. Semtech Corporation
6.9.1. Company Overview
6.9.2. Company Snapshot
6.9.3. Business Overview
6.9.4. Strategic Attempts
6.10. Rohm Co Ltd.
6.10.1. Company Overview
6.10.2. Company Snapshot
6.10.3. Business Overview
6.10.4. Strategic Attempts
