Power Management IC Market 2018 by Trends, Share, Size, Growth, Opportunities Forecast 2023

Posted August 14, 2018 by AkashS123

Market Research Future published a research report on “Power Management IC Market Research Report - Global Forecast To 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Market Synopsis

Power management integrated circuits or PMICs are such integrated circuits that manage power requirements of the host system. PMIC comprises a broad range of chips and is included in battery-operated devices, such as mobile phones and portable media players to minimize the amount of occupied space. Power management ICs control the flow and direction of electrical power and perform more than one function such as various power conversions and power controls including under voltage protection and voltage supervision. Their incorporation in equipment helps to improve the overall design and operational efficiency with offering benefits like better conversion and heat dissipation.

The global Power Management IC Market is driven by factors such as increasing demand for energy-efficient devices. A dramatic rise in the consumption and cost of energy worldwide has forced consumers to save energy and devise methods to minimize environmental impacts caused by carbon emissions. This has increased the demand for power-saving electronic products in the market. Other market drivers are growth in smart home and smart grid technology, increasing processing power in computing and mobile devices, and increased adoption of smartphones and tablets.

Governments of most of the countries across the globe have started increasing their investments in the development of smart cities. Smart cities rely on public Wi-Fi networks to offer a number of services such as access to education and healthcare, infrastructure management, safety and security, traffic management, and waste and water management. These networks help citizens access the Internet on their smartphones and tablet computers. Such increase in the development of smart cities may also augment the demand for power management ICs in the coming years.

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The complex integration with multi power system on chip (SoC) and the size of the PMIC are some of the factors that may restrain the growth of PMIC market for further growth.

The global power management IC market is expected to grow at a CAGR of 7% over the forecast period.

Regional Analysis:

The global power management IC market is led by Asia Pacific. The robust demand in this region from automotive industries may influence the global power management IC market growth. However, growing applications in the consumer electronics for power management ICs is expected to propel the growth of the market for power management IC market in next few years. The second-best growth is shown by North America due to booming automobile sector along with a number of semiconductor factories being based in the U.S.

Key Players

Some of the key players in the market are Texas Instruments Inc. (U.S.), ON Semiconductor Corp. (U.S.), Analog Devices, Inc. (U.S.), Dialog Semiconductor PLC (U.K.), Maxim Integrated Products, Inc. (U.S.), STMicroelectronics N.V. (Switzerland), and Linear Technology Corp. (U.S.), Renesas Electronics Corporation (Japan), Toshiba Corporation (Japan), among others.


The global power management IC market is segmented on the basis of product, application and region. Based on the product, the market is classified into voltage regulators, motor control ICs, integrated ASSP power management ICs, battery management ICs, and others. Of these, power management ASICs is further sub-segmented as energy management ICs, wireless charging ICs, power factor correction controllers, LED driver ICs, battery charging & management ICs, Hot-swap controllers, and power-over-ethernet (PoE) controllers. The applications of the power management IC are found in automotive, consumer electronics, industries, telecom & networking, wearables and others.

Increasing electrification in vehicles such as hybrid and electric vehicles, is energizing the market for power management ICs in vehicles. Staying connected via smartphones and tablets is the modern way of life and to this end, today’s car drivers are opting for Bluetooth, cellular technologies, and other telematics functions. All these features require semiconductors to distribute and control power through vehicles. Intermediate safety milestones such as automatic emergency braking (AEB) is necessary to a road system that will accommodate self-driving cars. Other factors driving the market for power management ICs are the need for more fuel-efficient systems, a higher proportion of electric vehicles, and more electronic content per vehicle as required for improved vehicle emission levels.

Intended Audience

Component Manufacturers
Electronic design automation
Original equipment manufacturers
Technology investors
Research institutes & organizations
Product manufacturers
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FIGURE 1 Global Power Management IC Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Five Forces Analysis Of Global Power Management IC Market

FIGURE 4 Value Chain Of Global Power Management IC Market

FIGURE 5 Share Of Global Power Management IC Market In 2017, By Country (In %)

FIGURE 6 Global Power Management IC Market, 2017-2023,

FIGURE 7 Sub Segments Of Product

FIGURE 8 Global Power Management IC Market Size By Product, 2017

FIGURE 9 Share Of Global Power Management IC Market By Product, 2017 TO 2023

FIGURE 10 Global Power Management IC Market Size By Technology, 2017 TO 2023

FIGURE 11 Share Of Global Power Management IC Market By Technology, 2017 TO 2023

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Issued By Market Research Future
Country India
Categories Business , Semiconductors
Tags power management ic market
Last Updated August 14, 2018