Global Power Management Integrated Circuit (PMIC) Market 2024-2028

Power Management Integrated Circuit (PMIC) Market 2024-2028

The power management integrated circuit (PMIC) market is forecasted to grow by USD 9.82 bn during 2023-2028, accelerating at a CAGR of 5.01% during the forecast period. The report on the power management integrated circuit (PMIC) 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 growing construction of smart buildings, increasing integration of iot technology with energy management devices, and expanding application of pmics in end-user industries.

Technavio's power management integrated circuit (PMIC) market is segmented as below:

• By Product
• Voltage regulators
• Motor control integrated circuit
• ASSP integrated circuit
• Battery management integrated circuit
• Others
• By End-user
• Automotive and transportation
• Consumer electronics
• Industrial
• Telecom and networking
• Others
• By Geographical Landscape
• APAC
• Europe
• North America
• South America
• Middle East and Africa

This study identifies the recent developments in PMIC industry as one of the prime reasons driving the power management integrated circuit (PMIC) market growth during the next few years. Also, increasing demand for energy efficiency and increasing adoption of advanced power conversion techniques will lead to sizable demand in the market.

The report on the power management integrated circuit (PMIC) market covers the following areas:

• Power management integrated circuit (PMIC) market sizing
• Power management integrated circuit (PMIC) market forecast
• Power management integrated circuit (PMIC) 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 management integrated circuit (PMIC) market vendors that include ABB Ltd., Allegro MicroSystems Inc., Analog Devices Inc., Infineon Technologies AG, MagnaChip Semiconductor Corp., Microchip Technology Inc., MinebeaMitsumi Inc., Mitsubishi Electric Corp., Monolithic Power Systems Inc., Nordic Semiconductor ASA, NXP Semiconductors NV, ON Semiconductor Corp., Qorvo Inc., Qualcomm Inc., Renesas Electronics Corp., ROHM Co. Ltd., Semtech Corp., STMicroelectronics International N.V., Texas Instruments Inc., and Vishay Intertechnology Inc.. Also, the power management integrated circuit (PMIC) 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.