Global Digital Power ICs Market Growth 2023-2029

Global Digital Power ICs Market Growth 2023-2029

The global Digital Power ICs market size is projected to grow from US$ 2084.7 million in 2022 to US$ 3945.9 million in 2029; it is expected to grow at a CAGR of 9.5% from 2023 to 2029.

The key manufacturers of Digital Power ICs include STMicroelectronics, Texas Instruments, NXP Semiconductors, Microchip, etc. The top four players have a combined market share of about 62%.

The Asia-Pacific region is the world's largest market with a market share of about 55% and will continue to grow in the future. North America is the second largest market, accounting for about 28%.

In terms of product, Digital Power ICs include 8-channle, 16-channel, 32-channel and other types. The 16-channel Digital Power ICs occupies the highest market share, about 36%.

Digital Power ICs is used in industrial, automotive, telecom&infrastructure, consumer electronic and other downstream industries. Industrial aspect is the main downstream industry, with a market share of about 52%.

Digital power is an energy conversion system that applies digital control technology to power management applications. It has many advantages such as higher power density, faster control loop, ability to manage complex topologies, and design flexibility.

Digital power ICs are digitally controlled power management ICs that provide configuration, monitoring and monitoring functions, and can be extended to full loop control.

LPI (LP Information)' newest research report, the “Digital Power ICs Industry Forecast” looks at past sales and reviews total world Digital Power ICs sales in 2022, providing a comprehensive analysis by region and market sector of projected Digital Power ICs sales for 2023 through 2029. With Digital Power ICs sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Digital Power ICs industry.

This Insight Report provides a comprehensive analysis of the global Digital Power ICs landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Digital Power ICs portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Digital Power ICs market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Digital Power ICs and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Digital Power ICs.

This report presents a comprehensive overview, market shares, and growth opportunities of Digital Power ICs market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
8-channel
16-channel
32-channel
Others

Segmentation by application
Industrial
Automotive
Telecom & Infrastructure
Consumer Electronic
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Texas Instruments
NXP
Microchip
STMicroelectronics
Infineon Technologies
Renesas
ON Semi
Sanken Electric
Analog Devices
Alpha and Omega Semiconductor
Power Integrations
Navitas Semiconductor
Mercury Chip Electronics Technology

Key Questions Addressed in this Report

What is the 10-year outlook for the global Digital Power ICs market?

What factors are driving Digital Power ICs market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Digital Power ICs market opportunities vary by end market size?

How does Digital Power ICs break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.