The FMI study finds that demand for power management integrated circuit (PMIC) in communication equipment application is projected to grow at a higher rate. In 2019, PMIC application in communication equipment is expected to grow at 8.5% y-o-y. The projected growth can be attributed to buoyancy in the telecommunication industry owing to increasing demand for connectivity and adoption of communication equipment starting from analogue switches to smartphones to communication satellites.
Power management integrated circuit (PMIC) market surpassed value worth US$ 20.9 billion in 2018, as per a new FMI study. The market is projected to grow at 6.4% y-o-y in 2019 and key factors responsible for the projected growth of the market include,
The demand for Power Management Integrated Circuits (PMIC) is growing continuously due to the increasing demand for consumer electronic devices, such as smartphones, tablets and smart TVs, in most of the established and growing economies. A radical rise in the consumption and cost of energy in the world has forced consumers to save energy and devise methods to minimise the environmental impacts caused by carbon emissions.
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Due to this, the demand for power-saving electronic products has increased, which is fuelling the growth of the Power Management Integrated Circuit (PMIC) market. Moreover, the Power Management Integrated Circuit (PMIC) market is expected to gain traction in the coming years due to an increase in the demand for Power Management Integrated Circuits (PMICs) for use in the battery-powered devices used in the healthcare and telecommunication sectors.
Key Segments
By Application
- Automotive
- Communication Equipment
- Enterprise Systems
- Industrial
- Personal Electronics
Key Regions
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Western Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Nordic
- BENELUX
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
- APEJ
- China
- India
- Australia & New Zealand
- ASEAN
- Rest of APEJ
- Japan
- MEA
- GCC Countries
- Israel
- South Africa
- Rest of MEA
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Table Of Content
1. Executive Summary
1.1. Market Overview
1.2. Market Analysis
1.3. FMI Analysis and Recommendations
2. Market Introduction
2.1. Market Taxonomy
2.2. Market Definition
2.3. Market Overview
3. Market View Point
3.1. Macro-Economic Factors
3.2. Opportunity Analysis
4. Global Market Analysis 2013-2017 and Forecast 2018-2028
4.1. Market Size and Y-o-Y Growth
4.2. Absolute $ Opportunity
4.3. Value Chain
4.4. Key Regulations
5. North America Power Management Integrated Circuit Market Analysis 2013-2017 and Forecast 2018-2028