Market Overview

The power management IC’s market will witness a healthy growth from 2019 to 2025, a research report suggests. Growing at a CAGR of 9.5%, the market is projected to reach US$46.15 billion by 2025. Increasing demand from consumer electronics is expected to support the market growth along with high demand across industry verticals. As predicted by analysts, expanding need for technically advanced manufacturing equipment will negatively affect the market’s performance from 2019 to 2025. During the forecast period, the market will be supported by an increasing need for superior power efficiency and flexibility in the design of power modules. The complexity involved in the design and development on the other hand will challenge semiconductors and electronics based organizations functioning in the global power management IC’s market. Analysts have split the market into products and applications segments based on products and services. Semiconductors and electronics based companies have been profiled. Complications in the fabrication process are set to affect the global market during the forecast period 2019 to 2025. The report also provides the market’s performance forecasts till 2025. Analysts have studied the strategy of semiconductors and electronics based organizations to help new entrants and established businesses. The semiconductors and electronics sector itself is supported by strict environmental and energy efficiency regulations as well as the need for integrated power for application-specific processors. During the forecast period 2019 to 2025, the power management IC’s market is set to witness a health growth across products and applications segments as well as regional markets.

Market Segmentation

The semiconductors and electronics sector has seen growth across products and applications segments owing to high demand across industry verticals and rapid urbanization. To study the market, analysts have further segmented products and applications into products on the basis of motor control ICs, voltage regulators, and integrated ASSP power management IC. The market is further segmented into applications which are split into automotive, consumer and wearable electronics, industrial, and telecom & networking.

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The segmental analysis presented in the report provides semiconductors and electronics based organizations insights into key growth factors such as the growth of communication channels as well as challenges such as high cost due to the need for technically advanced manufacturing equipment the market will face from 2019 to 2025. Technological developments and the surging usage across different industries are some of the key factors having an influence on semiconductors and electronics based companies, suggest analysts as per the power management IC’s market report. But the report also identifies high capital expenditure and the complex integration of different components into a chip as major threats companies in semiconductors and electronics will face till 2025.

Regional Overview

Semiconductors and electronics based companies in the power management IC’s market are functioning across North America, Europe, Asia Pacific, the Middle East, and Africa including the rest of the world. Shifting trends in the consumer market will be a key growth driver for regional markets. However, concerns regarding costs will turn out to be a threat. For the forecast period 2019 to 2025 Each of these regional markets are studied in the report. Starting from North America, the regional market and semiconductors and electronics based companies are spread across the United States, Canada, and Mexico. The complex integration process for multi-power domain SOCs will turn out to be a major challenge from 2019 to 2025. Parts of the European market covered in the report are regional markets spread across the United Kingdom, France, Italy, and Germany. The market in the region will be benefitted by favorable government policies as well as the increasing preference of consumers, suggests the report. Similarly, the semiconductors and electronics sector’s segmental analysis for the Asia Pacific region covers India, Japan, China, and others. For the rest of the world, the research report for the power management IC’s market covers the Middle East and Africa. Forecast based on the report’s findings are presented for the forecast period till 2025.

Competitive Landscape

The global power management IC’s market research report brings a comprehensive study of products and applications market segments, regional analysis, and semiconductors and electronics based company details of key players. As the forecast period 2019 to 2025 will bring new opportunities for the market owing to the increasing awareness among consumers and growing investments across different sectors, the market is set to grow at a compound annual growth rate of 9.5% and is predicted to reach a value of US$46.15 billion by 2025. With SWOT analysis of semiconductors and electronics based companies and Porter’s Five Force model analysis based findings, and understanding challenges such as unfavorable policies and lack of standards, companies in the semiconductors and electronics sector can change the way business is done.

Industry News

Renesas Corporation, a pioneer in the automotive chip market, reported this week that it plans to buy Dialog Semiconductor, based in the United Kingdom, for nearly $6 billion. Power management solutions from Dialog Semiconductor are common in high-demand markets including automotive, 5G, IoT, and wearable devices. The company's customized mixed-signal division, which includes power control ICs, lower power PMIC, battery management systems, and monitor PMIC, delivered $1.5 billion in revenue in 2019. Advanced mixed-signal distribution and synchronisation, as well as auto revenues, accounted for 18% and 13% of the company's total revenue in 2019.

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