The Worldwide Power Management IC (PMIC) Industry is Projected to Reach $53.8 Billion by 2027 - ResearchAndMarkets.com

The "Global Power Management IC (PMIC) Market (2022-2027) by Product, Application, Geography, Competitive Analysis, and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global Power Management IC (PMIC) Market is estimated to be USD 34.95 Bn in 2022 and is projected to reach USD 53.82 Bn by 2027, growing at a CAGR of 9.02%.

Market dynamics are forces that impact the prices and behaviors of the Global Power Management IC (PMIC) Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

The Global Power Management IC (PMIC) Market is segmented based on Product, Application, and Geography.

• By Product, the market is classified into Linear Regulators, Switching Regulators, Voltage References, and Power Management ASIC/ASSP/Others.
• By Application, the market is classified into Building Control, Healthcare, Automotive, Industrial & Retail, and Wearable Electronics.
• By Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

• The report presents a detailed Ansoff matrix analysis for the Global Power Management IC (PMIC) Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
• The report analyses the Global Power Management IC (PMIC) Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
• Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

• The report offers a comprehensive evaluation of the Global Power Management IC (PMIC) Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
• The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
• The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
• The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Market Dynamics

Drivers

• Increasing Demand for Energy-Efficient Battery-Powered Devices
• Rising Trend of Energy Harvesting Technologies

Restraints

• Complex Integration Process for Multi-Power Domain SOCs of PMICs

Opportunities

• Increasing Application Areas of Power Management ICs
• Advancements in Technologygy Such as IoT, Industrial Automation, Advanced Robotics and Ultra-Fast 5G Networks

Challenges

• Make PMICs Highly Efficient along with Reducing their Size

Companies Mentioned

• Texas Instruments
• Analog Devices
• STMicroelectronics
• Onsemi
• Dialog Semiconductor
• NXP Semiconductors
• Fairchild Semiconductor International
• Linear Technology
• Renes Electronics
• Maxim Integrated Products
• Infineon Technologies
• Mitsubishi Group
• Renes Electronics

For more information about this report visit https://www.researchandmarkets.com/r/eilctg

View source version on businesswire.com: https://www.businesswire.com/news/home/20220713005608/en/