Power Management IC Market size was valued at USD 30.45 Billion in 2020 and is projected to reach USD 53.77 Billion by 2028, growing at a CAGR of 7.38% from 2021 to 2028.
PMICs (power management integrated circuits) are integrated circuits that control the host’s power requirements, whether it’s extending battery life or reducing power dissipation in devices. The term “power management integrated circuits” refers to a collection of chips that all have some form of electronic power conversion. It is an integrated circuit that aids in the management of the host system’s power consumption.
PMICs are utilized in battery-powered portable devices such as laptops, tablets, and smartphones to create an efficient power supply. These integrated circuits control the flow of power from a variety of sources, including USB, batteries, and wall adapters, while staying under the current limit. PMICs can be found in a wide range of products, including smartphones, Bluetooth headsets, and MP3 players, as well as portable industrial and medical devices.
The PMIC system can be found in a variety of battery-operated gadgets, including portable media players and smartphones. The technology can be used in a wide range of industries, including consumer goods, automotive, and others. Power management integrated circuits are in great demand due to factors such as high integration, high performance, and the growing desire for extending battery life in devices, but constraints such as cost are limiting the market’s growth. The increasing sales of portable devices are expected to push the growth of the global Power Management IC Market during the forecast period.
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Global Power Management Integrated Circuits (PMICs) Market: Major Players
Maxim Integrated Products, Inc.
Fairchild Semiconductor Corp.
Dialog Semiconductor PLC
Texas Instruments Inc.
Analog Devices, Inc.
Renesas Electronics Corporation
Linear Technology Corporation
ON Semiconductor Corp.
Global Power Management Integrated Circuits (PMICs) Market: By Types
Motor control ICs
Integrated ASSP Power Management ICs
Battery Management ICs
Global Power Management Integrated Circuits (PMICs) Market: By Applications
Automotive / Transportation
Telecom and Networking
Frequently Asked Questions
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