Power management integrated circuits
(PMICs) are used to manage a server’s power requirements. PMICs are
included in battery operated devices such as media players and mobile
phones. Demand for PMICs is increasing due to the rising demand for
portable gadgets with multiple functionalities. The global PMIC market
also includes LED lighting, electric vehicles, energy harvesting and
renewable energy markets. The global market for PMICs has shown
remarkable progress in recent years and is also showing attractive
market potential for the future.
The global PMICs market has registered
sales revenue at USD 15.8 billion in 2011 and is projected to exceed
USD 26 billion by 2018 growing at a healthy CAGR of 7.4% from 2011 to
2018. Use of PMICs as a tool for efficient electricity distribution has
given rise to demand from alternate energy sectors too.
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The global PMICs market could be
segmented into two major categories, on the basis of types into:
controllers, voltage regulators and converters, on the basis of
applications into: communication market, IT or computers, automotive or
defense, consumer electronics and industrial or medical. The market is
further segmented by geography into North America, Europe, Asia Pacific
and rest of the world regions.
The global PMICs market is also driven
by factors such as increasing adoption of data centers, rising demand
for portable devices with multiple functionalities and increasing
government support in renewable energy generation. The use of PMICs in
hybrid electric vehicles and emerging energy harvesting solutions will
also act as drivers for the global PMICs market.
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Some factors inhibiting the growth of
the global PMICs market are economic uncertainty and natural disasters.
The integration of advanced RISC machine processors into PMICs will
serve as an opportunity, fuelling the future growth of the global PMICs
market.
Some of the key players dominating the
global PMICs market are Infineon Technologies, ST Microelectronics,
Texas Instruments, Maxim Integrated Products and Linear Technology.
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This research report analyzes
this market depending on its market segments, major geographies, and
current market trends. Geographies analyzed under this research report
include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of
current trends in the market, industry growth drivers, and restraints.
It provides market projections for the coming years. It includes
analysis of recent developments in technology, Porter’s five force model
analysis and detailed profiles of top industry players. The report
also includes a review of micro and macro factors essential for the
existing market players and new entrants along with detailed value
chain analysis.
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