Global Reference IC Market Growth 2024-2030

Global Reference IC Market Growth 2024-2030

A reference IC is an electronic component that outputs a reference voltage for operating an electronic circuit. Such electronic circuits are also sometimes called reference circuits or reference voltage sources.

The performance of a reference IC includes the initial accuracy of the output reference voltage, stability against fluctuations in supply voltage (called line regulation), stability against load regulation, stability against changes in ambient temperature (called temperature drift), and stability against long-term use (called long-term drift). The reference IC is required to maintain stable voltage output with high accuracy on the order of ppm (0.0001%).

The global Reference IC market size is projected to grow from US$ 879 million in 2024 to US$ 1271 million in 2030; it is expected to grow at a CAGR of 6.3% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Reference IC Industry Forecast” looks at past sales and reviews total world Reference IC sales in 2023, providing a comprehensive analysis by region and market sector of projected Reference IC sales for 2024 through 2030. With Reference IC sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Reference IC industry.

This Insight Report provides a comprehensive analysis of the global Reference IC 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 Reference IC portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Reference IC market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Reference IC 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 Reference IC.

United States market for Reference IC is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Reference IC is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Reference IC is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Reference IC players cover Analog Devices, Inc., Microchip Technology Inc., Toshiba Electronic Devices & Storage, Renesas Electronics Corporation, Fuji Electric FA Components & Systems, etc. In terms of revenue, the global two largest companies occupied for a share nearly

% in 2023.

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

Segmentation by Type:
Shunt
Series

Segmentation by Application:
Scientific Research
Medicine
Automobile
Military
Aerospace
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 analysing the company's coverage, product portfolio, its market penetration.
Analog Devices, Inc.
Microchip Technology Inc.
Toshiba Electronic Devices & Storage
Renesas Electronics Corporation
Fuji Electric FA Components & Systems
SG Micro
STMicroelectronics
Texas Instruments
Taiwan Semiconductor

Key Questions Addressed in this Report

What is the 10-year outlook for the global Reference IC market?

What factors are driving Reference IC market growth, globally and by region?

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

How do Reference IC market opportunities vary by end market size?

How does Reference IC break out by Type, by Application?

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