2021 Power Management Market Tracker - Industry is Growing at an Average CAGR of 10% - ResearchAndMarkets.com
The analog power IC market is again expected to contract in 2020 due to the outbreak of COVID-19 and the disruption in the world economy.
- The analog power IC market is again expected to contract in 2020 due to the outbreak of COVID-19 and the disruption in the world economy.
- Long term however, this is one of the fastest growing markets in semiconductors as more products become available that require battery and traditional power management.
- The Power IC market is growing at a compound annual growth rate of 10 percent on average each year despite the short term issues in the market today.
- This tracker provides market forecasts for power management which includes Power Transistors, Rectifiers, Thyristors, Linear Regulators, Switching Regulators, Battery ICs, Supervisors, Voltage References, and Other Power.