Power Management IC Market Analysis, Size, and Growth (2022-2028)
Power Management IC Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 37.73 Billion |
Market Size by 2031 | US$ 59.04 Billion |
Global CAGR (2023 - 2031) | 5.8% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Product Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Power Management IC Market News and Recent Developments
The power management IC market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the power management IC market are listed below:
- Nordic Semiconductor announced the launch of its nPM1300 PMIC (power management integrated circuit). With its two buck converters, two load switches/low drop-out voltage converters (LDOs), and integrated battery charging, the nPM1300 is ideal for battery-operated applications. (Source: Nordic Semiconductor Company Website, June 2023)
- Magnachip Semiconductor Corporation announced that the company has launched its first Power Management Integrated Circuit (PMIC) for IT devices equipped with OLED screens. (Source: Magnachip Semiconductor Corporation Company Website/November 2023)
Power Management IC Market Report Coverage and Deliverables
The “Power Management IC Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Power management IC market size and forecast at global, regional, and country levels for all the key market segments covered under the scope.
- Power management IC market trends as well as market dynamics such as drivers, restraints, and key opportunities.
- Detailed PEST/Porter’s Five Forces and SWOT analysis.
- Power management IC market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments.
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments in the power management IC market.
- Detailed company profiles.