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

The smartphone power management integrated circuit (ic) market size has grown strongly in recent years. It will grow from $4.53 billion in 2025 to $4.88 billion in 2026 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to increasing smartphone shipments, rising integration of smartphone features, growing demand for improved battery efficiency, increasing adoption of fast-charging technologies, and rising complexity of smartphone power architectures.

The smartphone power management integrated circuit (ic) market size is expected to see strong growth in the next few years. It will grow to $6.52 billion in 2030 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to increasing demand for energy-efficient smartphones, growing adoption of advanced charging technologies, rising integration of high-performance smartphone processors, increasing demand for extended battery life, and growing development of compact multi-function power management solutions. Major trends in the forecast period include increasing adoption of higher-efficiency power conversion architectures, growing integration of advanced voltage regulation capabilities, rising development of compact power management integrated circuit designs, increasing adoption of advanced power sequencing technologies, and growing development of low-standby-power consumption solutions.

The growing adoption of fifth-generation smartphones is expected to propel the growth of the smartphone power management integrated circuit (IC) market in the coming years. Fifth-generation smartphones are devices designed to operate on 5G networks, delivering higher-speed internet, reduced delay, and more efficient wireless communication than earlier smartphone generations. Fifth-generation smartphones are gaining adoption due to the rapid expansion of 5G network infrastructure, which provides faster speeds and improved connectivity. Fifth-generation (5G) smartphones increase power requirements, driving the adoption of Smartphone Power Management Integrated Circuits (PMICs) to optimize power distribution, improve battery efficiency, and support fast charging for reliable performance. For instance, in September 2025, according to the Global System for Mobile Communications Association (GSMA), a UK-based organization, around 1.5 billion people globally were using 5G smartphones for mobile internet access in approximately 2024. Therefore, the growing adoption of fifth-generation smartphones is driving the growth of the smartphone power management integrated circuit (IC) market.

Major companies operating in the smartphone power management integrated circuit (IC) market are focusing on developing advanced power management solutions, such as power multiplexer (Mux) integrated circuits (ICs), to support multiple power sources, enable seamless power switching, minimize battery cycling losses, and improve overall device efficiency. Power multiplexer (Mux) integrated circuits (ICs) manage power from multiple input sources and provide stable power delivery while incorporating protection features that enhance system reliability and reduce circuit complexity. For instance, in May 2026, GLF Integrated Power Inc., a US-based semiconductor company, launched the GLF4033, a new 13 V, 4 A power mux IC with manual input source selection. The device is designed for applications including smartphones, portable power banks, wearable devices, laptops, and industrial portable terminals. The GLF4033 integrates two independent power switches connected to a single output, enabling seamless switching between two power sources. The device supports a 3 V to 13 V input voltage range, 4 A continuous current handling per channel, low on-resistance, and cross-conduction protection, helping deliver stable and efficient power management for portable electronic devices.

In October 2025, onsemi, a US-based semiconductor company, acquired the rights to Vcore power technologies, including associated intellectual property licenses, from Aura Semiconductor for an undisclosed amount. Through this acquisition, onsemi aimed to strengthen its power management portfolio, expand its capabilities across the power tree for AI data centers, and accelerate the development of scalable power solutions for next-generation AI infrastructure. Aura Semiconductor is an India-based semiconductor technology company specializing in power-management ICs that support smartphones.

Major companies operating in the smartphone power management integrated circuit (IC) market are Apple Inc., Samsung Electronics Co. Ltd., Qualcomm Incorporated, Texas Instruments Incorporated, MediaTek Inc., Renesas Electronics Corporation, STMicroelectronics N.V., NXP Semiconductors N.V., Analog Devices Inc., Infineon Technologies AG, ON Semiconductor Corporation, Monolithic Power Systems Inc., ROHM Co. Ltd., Silergy Corp., Southchip Semiconductor Technology Co. Ltd., Halo Microelectronics Co. Ltd., SG Micro Corp., Injoinic Technology Co. Ltd., Shanghai Belling Co. Ltd., JoulWatt Technology Co. Ltd., Wuxi Chipown Micro-electronics Limited, Silicon Mitus Inc.

Asia-Pacific was the dominant region in the smartphone 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 smartphone 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 smartphone 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.

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