The Insight Partners adds Power Management IC Market Forecast to 2027 – COVID-19 Impact and Global Analysis” to its store providing analysis of the current and future market competition in the market. Insightful review of the key industry drivers, opportunities, barriers and challenges. Each trend is independently researched to provide qualitative analysis of its implications.
PMIC stands for power management integrated circuits. These electronic components provide fully integrated, high-performance power management solutions for a broad range of application categories such as automotive, consumer electronics and telecommunications & networking. PMICs provide optimal integration solutions due to its operational features such as power management, device monitoring, battery management, interface & audio functions, as well as other system-specific functions. Market for power management IC is expected to grow rapidly due to wide application of PMIC in electronic devices.
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Top Key Players:-Analog Devices, Inc., Dialog Semiconductor, Infineon Technologies AG, Maxim Integrated, Microchip Technology Inc., NXP Semiconductors, Renesas Electronics Corporation, Semiconductor Components Industries, LLC, STMicroelectronics, Texas Instruments Incorporated
The escalation in the demand for battery-operated devices and rising sales of consumer electronics and automotive is driving the growth of the power management IC market. However, the complex integration mechanism for multi-power domain system on a chip of PMIC may restrain the growth of the power management IC market. Furthermore, upsurge in the technological advancement and rise in the use of hybrid electric vehicles is anticipated to create market opportunities for the power management IC market during the forecast period.
The report highlights key growth strategies adopted by these players of Power Management IC industry, including details such as financial overview, product/ services offered, notable developments, and SWOT analysis.
The global power management IC market is segmented on the basis of product type and end use. On the basis of product type, the market is segmented as voltage regulators, motor control IC, integrated ASSP power management IC, battery management IC, and others. Similarly, on the basis of end use, the market is segmented as automotive and transportation, consumer electronics, industrial, telecom and networking, and others.
The report analyzes factors affecting Power Management IC market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting Power Management IC market in these regions.
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Reason to Buy
– Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Power Management IC Market
– Highlights key business priorities in order to assist companies to realign their business strategies.
– The key findings and recommendations highlight crucial progressive industry trends in Power Management IC Market, thereby allowing players to develop effective long term strategies.
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