Power Management Integrated Circuits (IC) Market to 2020

July 7, 2011 - PRLog -- The number of PMICs consumed grows in proportion to the increase in sales of portable devices. This is because PMICs are used in portable devices. Some examples of the products for which demand is increasing are smartphones, hybrid vehicles, notebooks, LEDs and so on. With the increase in the sale of these products, the consumption of PMICs increases. The rise in the demand for smartphones and tablet PCs from 2009 to 2010 is shown in the figure below

A key driver to the growth of the PMICs in the current scenario is demand for energy efficient products. There are various motivations to improve energy efficiency. They can be government policies, the need to save energy, reduce energy consumption or energy costs or energy emissions. For this, efficient battery-powered devices are needed. Efficient battery-powered devices require more PMICs. Even portable products are efficient only with a good backed up power device installed in it. So, as the need for energy efficiency is growing, the demand for PMICs is increasing

Power semiconductors are needed in alternative energy markets. In the alternative energy industry, smart systems are being used on the grid for more efficient distribution of electricity.

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GBI Research’s new report, “Power Management Integrated Circuits (IC) Market to 2020
- Alternative Energy Markets and Energy Efficient Portable Gadgets to Drive Sales
Growth” provides key information and analysis on the market opportunities in the PMIC industry. The report covers the trends, industry dynamics, information on the revenue and volume of the PMIC market, and the market share of the suppliers. The report also provides product-based, region-based and end-use based forecasts up to 2020. The product-based forecasts up to 2020 are given for voltage regulator, integrated ASSP, moto control and switching. The key market trends for wide range of Power Management IC applications in IT/computer, communication, consumer electronics, industrial/medical, automotive and defense sectors are discussed.

PMIC usage in the alternative energy market is increasing, as it helps in the efficient distribution ofelectricity. Rapid adoption of portable gadgets is expected to boost the demand of PMICs.
This report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GBI Research’s team of industry experts.

In 2010, the world semiconductor market was $298.3 billion and Power Management ICs (PMICs) contributed around 3.5% to the overall semiconductor market. The demand for PMICs is increasing with the increasing demand for sophisticated technology, superior designs, and energy efficient low-voltage power management devices. The industry dynamics of PMICs are given in the sections below.

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