Industrial Power Management Integrated Circuit (IC) Market Global Report 2026

The industrial power management integrated circuit (IC) market size has grown strongly in recent years. It will grow from $4.13 billion in 2025 to $4.48 billion in 2026 at a compound annual growth rate (CAGR) of 8.5%. The growth during the historic period can be attributed to growing adoption of industrial automation equipment, increasing demand for energy-efficient industrial electronics, rising deployment of factory automation systems, growing use of electronic control systems in industrial machinery, and increasing need for dependable voltage regulation and power protection.

The industrial power management integrated circuit (IC) market size is expected to see strong growth in the next few years. It will grow to $6.1 billion in 2030 at a compound annual growth rate (CAGR) of 8.0%. The growth during the forecast period can be attributed to rising demand for intelligent power management solutions, increasing adoption of high-efficiency industrial power systems, growing integration of advanced power monitoring functions, rising demand for compact semiconductor-based power solutions, and expanding deployment of electrified industrial equipment. Major trends during the forecast period include increasing demand for high-efficiency power management ICs, growing adoption of integrated voltage regulation solutions, rising development of advanced thermal management capabilities, increasing focus on compact and low-component-count power IC designs, and growing demand for enhanced power monitoring and protection features.

The increasing adoption of industrial automation is expected to drive the growth of the industrial power management integrated circuit (IC) market going forward. Industrial automation refers to the use of control systems, software, sensors, and industrial machinery to perform manufacturing and industrial processes with minimal human intervention. The adoption of industrial automation is increasing due to the growing implementation of smart manufacturing technologies, as manufacturers aim to improve productivity, lower operating costs, and increase production efficiency through automated processes. Industrial automation continues to increase demand for industrial power management integrated circuits, as these ICs regulate, distribute, and optimize power across automated equipment, robots, sensors, and controllers, thereby improving energy efficiency, operational reliability, and overall system performance. For instance, in September 2024, according to the International Federation of Robotics (IFR), a Germany-based non-profit organization, the global operational stock of industrial robots reached 4,281,585 units operating in factories worldwide, representing a 10% increase from the previous year. Therefore, the increasing adoption of industrial automation is driving the growth of the industrial power management integrated circuit (IC) market.

Major companies operating in the industrial power management integrated circuit (IC) market are focusing on developing advanced solutions, such as gallium nitride (GaN)-based integrated circuits, to enhance system efficiency, reduce thermal management requirements, and support advanced industrial power applications. Gallium nitride (GaN)-based integrated circuits (ICs) are semiconductor devices that employ gallium nitride technology to provide higher power efficiency, faster switching speeds, and greater power density compared with conventional silicon-based integrated circuits. For instance, in March 2023, Power Integrations Inc., a US-based semiconductor company, launched 900 V gallium nitride (GaN) extensions to its InnoSwitch3 family of flyback switcher ICs. The new PowiGaN-based switcher ICs provide up to 100 W of output power with more than 93% efficiency, removing the need for heat sinks while enabling compact and energy-efficient industrial power designs. They are designed for appliances, three-phase motors, and server auxiliary power supply units and offer higher voltage capability, improved safety margins, and superior power conversion efficiency. The solution supports the development of smaller, more reliable, and high-performance industrial power systems for automation and electrification applications.

In October 2025, onsemi, a US-based semiconductor company, acquired Vcore Power Technologies, including associated intellectual property (IP) licenses, from Aura Semiconductor for an undisclosed amount. Through this acquisition, onsemi aimed to strengthen its power management portfolio and expand its capabilities in delivering end-to-end power solutions for AI data center applications, enabling efficient power delivery from the electrical grid to the processor core. Aura Semiconductor is a US-based semiconductor company that develops advanced Vcore power technologies and related IP for high-performance power management solutions.

Major companies operating in the industrial power management integrated circuit (IC) market are Texas Instruments Incorporated, Infineon Technologies AG, MediaTek Inc., STMicroelectronics N.V., Analog Devices Inc., NXP Semiconductors N.V., Renesas Electronics Corporation, ON Semiconductor Corporation, Microchip Technology Incorporated, Monolithic Power Systems Inc., ROHM Co. Ltd., Power Integrations Inc., Diodes Incorporated, MaxLinear Inc., Semtech Corporation, Allegro MicroSystems Inc., Alpha and Omega Semiconductor Limited, Realtek Semiconductor Corp., Silergy Corp., Vicor Corporation, Littelfuse Inc., SG Micro Corp., NOVOSENSE Microelectronics Co. Ltd., Elmos Semiconductor SE, Halo Microelectronics Co. Ltd.

Asia-Pacific was the dominating region in the industrial power management integrated circuit (IC) market in 2025. Asia-Pacific is expected to be the rapidly growing region in the forecast period. The regions covered in the industrial power management integrated circuit (IC) market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the industrial power management integrated circuit (IC) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

This product will be delivered within 3-5 business days.