Global Power Management Integrated Circuit Market Segmented by Products, End User & Region - Analysis, Growth, Trends & Forecast 2018-2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--May 16, 2018--The “Global Power Management Integrated Circuit Market - Segmented by Products, End User, and Region - Growth, Trends, and Forecast (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.
The global power management integrated circuits market is expected to register a CAGR of 8.94% over the forecast period, 2018-2023.
Among the wide applications of PMICs, i.e., consumer electronics like smartphones, tablets, and others portable handheld devices, industrial and medical instruments, etc., the smartphones segmented is expected to be the largest. Globally, the smartphones penetration is expected to grow by a CAGR of 5%, as mentioned by IMF. Overheating and poor battery life are the most common smartphone-related complaints consumers have globally. To address these issues, smartphone component manufacturers like Qualcomm are looking at achieving higher performance in devices with power and thermal constraints with PMICs in the design.
Majority of the smartphone sales happen in China, followed by the US. Although North America dominates the consumer electronics market, it is estimated that Western Europe will have the highest market share among the smartphone segment by 2020. Also, Europe is one of the innovative automotive markets globally and rapid penetration and mass adoption of ADAS is expected, thus fuelling the growth of the power management integrated circuits market in this region.
Companies MentionedAnalog Devices Inc Dialog Semiconductor PLC Intel Corporation IXYS Corporation Qualcomm Incorporated MediaTek Inc. Mitsubishi Electric ON Semiconductor Corp. Samsung Semiconductor STMicroelectronics N.V. Texas Instruments Incorporated
Key Topics Covered:
2. Research Approach and Methodology
3. Executive Summary
4. Market Dynamics
5. Technology Snapshot
6. Market Segmentation
7. Competitive Intelligence - Company Profiles
8. Investment Analysis
9. Outlook of Global Power Management Integrated Circuits Market
For more information about this report visit https://www.researchandmarkets.com/research/rlnvcv/global_power?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180516005665/en/
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INDUSTRY KEYWORD: TECHNOLOGY SEMICONDUCTOR
SOURCE: Research and Markets
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PUB: 05/16/2018 07:34 AM/DISC: 05/16/2018 07:34 AM