Power management integrated circuit (PMIC) is an integrated circuit that has wide applications because of its role in battery management, voltage regulation, and charging functions. These ICs are mostly used in battery operated devices and consumer electronics such as smartphones, Bluetooth headsets, and portable industrial and medical equipment. The increasing global demand for consumer electronics is expected to drive the power management integrated circuit market. With evolving technology and growing importance of energy management, these ICs also find applications in technologies like Advanced Driving Assistance Systems (ADAS) and even IoT devices and smart wearables. The increased demand for luxury cars with ADAS systems is likely to increase the demand for PMICs globally.
Demand in Smartphones Segment to Drive the Market
Among the wide applications of PMICs, i.e., consumer electronics like smartphones, tablets, and others portable handheld devices, industrial and medical instruments, etc., the smartphones segmented is expected to be the largest. Globally, the smartphones penetration is expected to grow by a CAGR of 5%, as mentioned by IMF. Overheating and poor battery life are the most common smartphone-related complaints consumers have globally. To address these issues, smartphone component manufacturers like Qualcomm are looking at achieving higher performance in devices with power and thermal constraints with PMICs in the design. Besides consumer electronics, the growing demand for battery operated devices in automobiles, telecom, and networking, are also said to promote growth in the global power management integrated circuit market (PMIC).
Demand for ADAS in luxury cars is also expected to impact the growth of the PMICs market significantly. Considering the ability of PMICs to reduce power consumption of the batteries, these are used for prolonging the power in IoT devices. The growth trend of IoT connected devices also could impact the growth of the market.
Europe Expected to be an Emerging Market
Majority of the smartphone sales happen in China, followed by the US. Although North America dominates the consumer electronics market, it is estimated that Western Europe will have the highest market share among the smartphone segment by 2020. Also, Europe is one of the innovative automotive markets globally and rapid penetration and mass adoption of ADAS is expected, thus fuelling the growth of the power management integrated circuits market in this region.
- December 2017: Dialog Semiconductor released their first Nanopower PMICs that support battery life for the always-on connected application. These two new PMICs are the smallest of their class in the market, thus giving a competitive advantage over the other manufacturers in the market. Due to the small size of these PMICs, they can easily be fit into better smartphone designs.
Reasons to Purchase the Report:
- Analyzing the advancements in the power management integrated circuits market are changing market scenario
- Analyzing various perspectives of the market with the help of Porter’s five forces analysis
- Identifying the type of service and end-user is expected to dominate the market
- Identifying the regions that are expected to witness the fastest growth during the forecast period
- Identify the latest developments, market shares, and strategies employed by the major market players
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1.1 Key Deliverables of the Study
1.2 Study Assumptions
1.3 Market Definition
1.4 Key Findings of the Study
2. Research Approach and Methodology
3. Executive Summary
4. Market Dynamics
4.1 Market Overview
4.2 Factors Driving the Market
4.2.1 Increased Demand of Battery-operated Devices
4.2.2 Increasing Awareness about Energy-efficiency across Industries
4.3 Factors Restraining the Market
4.3.1 Complex Integration with Multi-power System on Chip (SoC)
4.3.2 Size of the PMIC
4.4 Industry Attractiveness - Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products or Services
4.4.5 Competitive Rivalry among Existing Competitors
5. Technology Snapshot
5.1 DC to DC conversion
5.2 Battery charging
5.3 Power-source selection
5.4 Voltage scaling
5.5 Power sequencing
6. Market Segmentation
6.1 By Product
6.1.1 Linear Regulators
6.1.2 Switching Regulators
6.1.3 Voltage References
6.1.4 Power Management ASIC/ASSP/Others
220.127.116.11 Battery Charging & Management IC
18.104.22.168 Energy Management IC
22.214.171.124 Power-Over-Ethernet (POE) Controller
126.96.36.199 Power Factor Correction (PFC) Controller
188.8.131.52 Wireless Charging IC
6.2 By Application
6.2.1 Building Control
184.108.40.206 Access, Monitoring, Security, and Management
6.2.2 Consumer Electronics
220.127.116.11 Portable Navigation Systems
18.104.22.168 Digital Cameras
22.214.171.124 Wireless Audio Devices
126.96.36.199 Diagnostics & Therapy
188.8.131.52 Health & Wellness
184.108.40.206 Portable/Wearable Devices
220.127.116.11 Advanced Driver Assistance System (ADAS)
18.104.22.168 Automotive Passive Safety
6.2.5 Industrial & Retail
6.2.6 Wearable Electronics
22.214.171.124 Sports & Activity Monitors
6.3 By Region
6.3.1 North America
6.3.4 Latin America
6.3.5 Middle East & Africa
7. Competitive Intelligence - Company Profiles
7.1 Analog Devices, Inc.
7.2 Dialog Semiconductor PLC
7.3 Intel Corporation
7.4 IXYS Corporation
7.5 Qualcomm Incorporated
7.6 MediaTek Inc.
7.7 Mitsubishi Electric
7.8 ON Semiconductor Corp.
7.9 Samsung Semiconductor
7.10 STMicroelectronics N.V.
7.11 Texas Instruments Incorporated
**List not exhaustive
8. Investment Analysis
9. Outlook of Global Power Management Integrated Circuits Market
- Analog Devices Inc
- Dialog Semiconductor PLC
- Intel Corporation
- IXYS Corporation
- Qualcomm Incorporated
- MediaTek Inc.
- Mitsubishi Electric
- ON Semiconductor Corp.
- Samsung Semiconductor
- STMicroelectronics N.V.
- Texas Instruments Incorporated