Market Overview:
The global power management IC market reached a value of US$ 27.4 Billion in 2019. A power management integrated circuit (PMIC) refers to an array of combined microchips that are used to manage the flow of energy between transistors and capacitors in electronic devices. It is commonly utilized in battery-operated electronics, including smartphones, portable media players, wearable devices and healthcare equipment. It performs various operating functions, such as power and battery management, system control, voltage regulation, audio and interface functions and other application-specific tasks. Owing to this, PMIC finds extensive applications across electronics, automotive, computing devices, communication and healthcare industries.
The growing demand for battery-powered consumer devices across the globe is one of the key factors driving the growth of the market. Furthermore, the growth of the telecommunication sector and various technological advancements in wireless technology and peripheral devices are other major growth-inducing factors. The market is also being driven by the growing environmental-consciousness leading to the construction of cities with smart grid systems as their integral part. This is leading to an increasing demand for PMIC systems to manage wired and non-wired connections. Additionally, rising automation in the automotive industry is contributing significantly to the market growth. Automobile manufacturers utilize PMIC systems to efficiently manage extreme battery voltage fluctuations, extend the battery life and operate security systems. Other factors, including the widespread adoption of energy harvesting systems and the integration of Big Data and Internet of Things (IoT) across various industry verticals, are projected to drive the market in the upcoming years. Looking forward, IMARC Group expects the global power management IC market to exhibit moderate growth during 2020-2025.
Breakup by Product:
- Linear Regulator ICs
- Switching Regulator ICs
- Voltage Reference ICs
- Power Management ASICs/ASSPs
- Others
Breakup by Application:
- Communication
- Computing Devices
- Consumer Electronics
- Automotive
- Healthcare
- Others
Breakup by Region:
- North America
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Analog Devices Inc., Dialog Semiconductor Plc, Linear Technology Corporation, Maxim Integrated Products Inc., NXP Semiconductors, On Semiconductor Corporation, Renesas Electronics Corporation, STMicroelectronics N.V., Texas Instruments Inc., etc.
Key Questions Answered in This Report:
The outbreak of the coronavirus disease (COVID-19) has negatively impacted the market as governments of various countries have imposed complete lockdowns leading to the temporary closure of manufacturing facilities, which has limited the production output.
The global power management IC market was worth US$ 27.4 Billion in 2019.
The rising demand for battery-powered consumer devices and the rapid growth of the telecommunication sector represent the primary factors catalyzing the market growth. Moreover, various technological advancements in wireless technology and peripheral devices are also contributing to the market growth.
The market is propelled by the widespread adoption of energy harvesting systems and the integration of the Internet of Things (IoT) and big data analytics with power management ICs.
The global power management IC market value is expected to reach US$ 42 Billion by 2025.
Based on the product, the market has been categorized into linear regulator ICs, switching regulator ICs, voltage reference ICs, power management ASICs/ASSPs, and others. Power management ASIC/ASSPs represent the most popular product.
On the basis of the application, the market has been classified into communication, computing devices, consumer electronics, automotive, healthcare and others. Consumer electronics currently exhibit a clear dominance in the market.
Region-wise, Asia Pacific (China, Japan, India, Indonesia, South Korea, Australia and others) holds the leading position in the market. Other regions include North America (the United States and Canada), Europe (Germany Italy, the United Kingdom, France, Russia, Spain and others), Latin America (Brazil, Mexico and others), and Middle East and Africa.
Leading players operating in the industry are Analog Devices, Inc., Dialog Semiconductor PLC, Linear Technology Corporation, Maxim Integrated Products, Inc., NXP Semiconductors N.V., On Semiconductor Corporation, Renesas Electronics Corporation, ST Microelectronics International N.V. and Texas Instruments Incorporated.
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Power Management IC Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product
6.1 Linear Regulator ICs
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Switching Regulator ICs
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Voltage Reference ICs
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Power Management ASICs/ASSPs
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Application
7.1 Communication
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Computing Devices
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Consumer Electronics
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Automotive
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Healthcare
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Others
7.6.1 Market Trends
7.6.2 Market Forecast
8 Market Breakup by Region
8.1 North America
8.1.1 United States
8.1.1.1 Market Trends
8.1.1.2 Market Forecast
8.1.2 Canada
8.1.2.1 Market Trends
8.1.2.2 Market Forecast
8.2 Asia Pacific
8.2.1 China
8.2.1.1 Market Trends
8.2.1.2 Market Forecast
8.2.2 Japan
8.2.2.1 Market Trends
8.2.2.2 Market Forecast
8.2.3 India
8.2.3.1 Market Trends
8.2.3.2 Market Forecast
8.2.4 South Korea
8.2.4.1 Market Trends
8.2.4.2 Market Forecast
8.2.5 Australia
8.2.5.1 Market Trends
8.2.5.2 Market Forecast
8.2.6 Indonesia
8.2.6.1 Market Trends
8.2.6.2 Market Forecast
8.2.7 Others
8.2.7.1 Market Trends
8.2.7.2 Market Forecast
8.3 Europe
8.3.1 Germany
8.3.1.1 Market Trends
8.3.1.2 Market Forecast
8.3.2 France
8.3.2.1 Market Trends
8.3.2.2 Market Forecast
8.3.3 United Kingdom
8.3.3.1 Market Trends
8.3.3.2 Market Forecast
8.3.4 Italy
8.3.4.1 Market Trends
8.3.4.2 Market Forecast
8.3.5 Spain
8.3.5.1 Market Trends
8.3.5.2 Market Forecast
8.3.6 Russia
8.3.6.1 Market Trends
8.3.6.2 Market Forecast
8.3.7 Others
8.3.7.1 Market Trends
8.3.7.2 Market Forecast
8.4 Latin America
8.4.1 Brazil
8.4.1.1 Market Trends
8.4.1.2 Market Forecast
8.4.2 Mexico
8.4.2.1 Market Trends
8.4.2.2 Market Forecast
8.4.3 Others
8.4.3.1 Market Trends
8.4.3.2 Market Forecast
8.5 Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast
9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Indicators
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 Analog Devices Inc.
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.1.3 Financials
13.3.1.4 SWOT Analysis
13.3.2 Dialog Semiconductor Plc
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.2.3 Financials
13.3.3 Linear Technology Corporation
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.4 Maxim Integrated Products Inc.
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.4.3 Financials
13.3.4.4 SWOT Analysis
13.3.5 NXP Semiconductors
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.5.3 Financials
13.3.5.4 SWOT Analysis
13.3.6 On Semiconductor Corporation
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.6.3 Financials
13.3.6.4 SWOT Analysis
13.3.7 Renesas Electronics Corporation
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.7.3 Financials
13.3.7.4 SWOT Analysis
13.3.8 Stmicroelectronics N.V.
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.8.3 Financials
13.3.8.4 SWOT Analysis
13.3.9 Texas Instruments Inc.
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.9.3 Financials
13.3.9.4 SWOT Analysis
List of Figures
Figure 1: Global: Power Management IC Market: Major Drivers and Challenges
Figure 2: Global: Power Management IC Market: Sales Value (in Billion US$), 2014-2019
Figure 3: Global: Power Management IC Market: Breakup by Product (in %), 2019
Figure 4: Global: Power Management IC Market: Breakup by Application (in %), 2019
Figure 5: Global: Power Management IC Market: Breakup by Region (in %), 2019
Figure 6: Global: Power Management IC Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 7: Global: Power Management IC (Linear Regulator ICs) Market: Sales Value (in Million US$), 2014 & 2019
Figure 8: Global: Power Management IC (Linear Regulator ICs) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 9: Global: Power Management IC (Switching Regulator ICs) Market: Sales Value (in Million US$), 2014 & 2019
Figure 10: Global: Power Management IC (Switching Regulator ICs) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 11: Global: Power Management IC (Voltage Reference ICs) Market: Sales Value (in Million US$), 2014 & 2019
Figure 12: Global: Power Management IC (Voltage Reference ICs) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 13: Global: Power Management IC (Power Management ASICs/ASSPs) Market: Sales Value (in Million US$), 2014 & 2019
Figure 14: Global: Power Management IC (Power Management ASICs/ASSPs) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 15: Global: Power Management IC (Other Product Types) Market: Sales Value (in Million US$), 2014 & 2019
Figure 16: Global: Power Management IC (Other Product Types) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 17: Global: Power Management IC (Communication) Market: Sales Value (in Million US$), 2014 & 2019
Figure 18: Global: Power Management IC (Communication) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 19: Global: Power Management IC (Computing Devices) Market: Sales Value (in Million US$), 2014 & 2019
Figure 20: Global: Power Management IC (Computing Devices) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 21: Global: Power Management IC (Consumer Electronics) Market: Sales Value (in Million US$), 2014 & 2019
Figure 22: Global: Power Management IC (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 23: Global: Power Management IC (Automotive) Market: Sales Value (in Million US$), 2014 & 2019
Figure 24: Global: Power Management IC (Automotive) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 25: Global: Power Management IC (Healthcare) Market: Sales Value (in Million US$), 2014 & 2019
Figure 26: Global: Power Management IC (Healthcare) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 27: Global: Power Management IC (Other Applications) Market: Sales Value (in Million US$), 2014 & 2019
Figure 28: Global: Power Management IC (Other Applications) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 29: North America: Power Management IC Market: Sales Value (in Million US$), 2014 & 2019
Figure 30: North America: Power Management IC Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 31: United States: Power Management IC Market: Sales Value (in Million US$), 2014 & 2019
Figure 32: United States: Power Management IC Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 33: Canada: Power Management IC Market: Sales Value (in Million US$), 2014 & 2019
Figure 34: Canada: Power Management IC Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 35: Asia Pacific: Power Management IC Market: Sales Value (in Million US$), 2014 & 2019
Figure 36: Asia Pacific: Power Management IC Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 37: China: Power Management IC Market: Sales Value (in Million US$), 2014 & 2019
Figure 38: China: Power Management IC Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 39: Japan: Power Management IC Market: Sales Value (in Million US$), 2014 & 2019
Figure 40: Japan: Power Management IC Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 41: India: Power Management IC Market: Sales Value (in Million US$), 2014 & 2019
Figure 42: India: Power Management IC Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 43: South Korea: Power Management IC Market: Sales Value (in Million US$), 2014 & 2019
Figure 44: South Korea: Power Management IC Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 45: Australia: Power Management IC Market: Sales Value (in Million US$), 2014 & 2019
Figure 46: Australia: Power Management IC Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 47: Indonesia: Power Management IC Market: Sales Value (in Million US$), 2014 & 2019
Figure 48: Indonesia: Power Management IC Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 49: Others: Power Management IC Market: Sales Value (in Million US$), 2014 & 2019
Figure 50: Others: Power Management IC Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 51: Europe: Power Management IC Market: Sales Value (in Million US$), 2014 & 2019
Figure 52: Europe: Power Management IC Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 53: Germany: Power Management IC Market: Sales Value (in Million US$), 2014 & 2019
Figure 54: Germany: Power Management IC Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 55: France: Power Management IC Market: Sales Value (in Million US$), 2014 & 2019
Figure 56: France: Power Management IC Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 57: United Kingdom: Power Management IC Market: Sales Value (in Million US$), 2014 & 2019
Figure 58: United Kingdom: Power Management IC Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 59: Italy: Power Management IC Market: Sales Value (in Million US$), 2014 & 2019
Figure 60: Italy: Power Management IC Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 61: Spain: Power Management IC Market: Sales Value (in Million US$), 2014 & 2019
Figure 62: Spain: Power Management IC Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 63: Russia: Power Management IC Market: Sales Value (in Million US$), 2014 & 2019
Figure 64: Russia: Power Management IC Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 65: Others: Power Management IC Market: Sales Value (in Million US$), 2014 & 2019
Figure 66: Others: Power Management IC Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 67: Latin America: Power Management IC Market: Sales Value (in Million US$), 2014 & 2019
Figure 68: Latin America: Power Management IC Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 69: Brazil: Power Management IC Market: Sales Value (in Million US$), 2014 & 2019
Figure 70: Brazil: Power Management IC Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 71: Mexico: Power Management IC Market: Sales Value (in Million US$), 2014 & 2019
Figure 72: Mexico: Power Management IC Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 73: Others: Power Management IC Market: Sales Value (in Million US$), 2014 & 2019
Figure 74: Others: Power Management IC Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 75: Middle East and Africa: Power Management IC Market: Sales Value (in Million US$), 2014 & 2019
Figure 76: Middle East and Africa: Power Management IC Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 77: Global: Power Management IC Industry: SWOT Analysis
Figure 78: Global: Power Management IC Industry: Value Chain Analysis
Figure 79: Global: Power Management IC Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Power Management IC Market: Key Industry Highlights, 2019 and 2025
Table 2: Global: Power Management IC Market Forecast: Breakup by Product (in Million US$), 2020-2025
Table 3: Global: Power Management IC Market Forecast: Breakup by Application (in Million US$), 2020-2025
Table 4: Global: Power Management IC Market Forecast: Breakup by Region (in Million US$), 2020-2025
Table 5: Global: Power Management IC Market: Competitive Structure
Table 6: Global: Power Management IC Market: Key Players