Global Power Factor Correction (PFC) Control IC Market 2024-2028
Power Factor Correction (PFC) Control IC Market 2024-2028
The power factor correction (PFC) control ic market is forecasted to grow by USD 368836.6 thousand during 2023-2028, accelerating at a CAGR of 6.5% during the forecast period. The report on the power factor correction (PFC) control ic market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by stringent global regulations on power factor and harmonic distortion, rising use of electronic devices, and increasing demand for energy efficiency.
Technavio's power factor correction (PFC) control ic market is segmented as below:
By Type
- Boost converter
- Buck converter
- Buck-boost converter
By End-user
- Electronics
- Automotive
- Telecommunication
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the introduction of new products by vendors as one of the prime reasons driving the power factor correction (PFC) control ic market growth during the next few years. Also, automotive industry transitions towards electrification and increasing focus on renewable energy applications will lead to sizable demand in the market.
The report on the power factor correction (PFC) control ic market covers the following areas:
- Power Factor Correction (PFC) Control IC Market sizing
- Power Factor Correction (PFC) Control IC Market forecast
- Power Factor Correction (PFC) Control IC Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading power factor correction (PFC) control ic market vendors that include Analog Devices Inc., Diodes Inc., Fuji Electric Co. Ltd., Infineon Technologies AG, Microchip Technology Inc., Monolithic Power Systems Inc., NXP Semiconductors NV, ON Semiconductor Corp., Power Integrations Inc., Renesas Electronics Corp., Richtek Technology Corp., ROHM Co. Ltd., Sanken Electric Co. Ltd., Shindengen Electric Manufacturing Co. Ltd., STMicroelectronics International NV, Texas Instruments Inc., Torex Semiconductor Ltd., Toshiba Electronic Devices & Storage Corp., Vicor Corp., and Vishay Intertechnology Inc.. Also, the power factor correction (PFC) control ic market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.