Programmable Power Management IC Market – Introduction
Programmable power management IC is an integrated power management unit which is used for space constrained applications such as action camera, video doorbell, solid state drives, and other video processing applications. Programmable Power Management IC (PMIC) is ideal for powering single-core, dual-core, and quad-core system on chips.
Programmable Power Management IC Market – Competitive Landscape
Texas Instruments Incorporated
Founded in 1930, Texas Instruments Incorporated is headquartered in Dallas, Texas, US. The company designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. The Embedded Processing segment of the company offers connected microcontrollers, such as microcontrollers, stand-alone wireless connectivity solutions, and microcontrollers with integrated wireless capabilities. The company has around 30,000 employees in more than 30 countries across the globe.
Founded in 1987, STMicroelectronics is headquartered in Geneva, Switzerland. The company is a global semiconductor company that manufacturer’s electronics and semiconductor products and semiconductor solutions. The company has approximately 100,000+ customer base and around 46,000 employees worldwide.
Integrated Device Technology, Inc.
Founded in 1980, Integrated Device Technology, Inc. is headquartered in San Jose, California, US. The company designs, develops, manufactures, and supplies a range of semiconductor solutions for the communications, computing, consumer, automotive, industrial applications. The Computing, Consumer and Industrial segment provides clock generation and distribution products; programmable timing devices; computing timing solutions; and wireless power products.
Some of the key players operating in the global programmable power management IC market with significant developments include Texas Instruments Incorporated, ROHM Semiconductor, Active-Semi International Inc., STMicroelectronics, Integrated Device Technology, Inc., NXP Semiconductor, Analog Devices, Inc., RS Components Ltd., Maxim Integrated, and Cypress Semiconductor Corporation among others.
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Programmable Power Management IC Market – Dynamics
Advantage Offered by Programmable Power Management IC over Traditional Power Management ICs is driving the Market
The programmable power management IC market has witnessed phenomenal growth since last few years and is anticipated to grow at a decent pace during the forecast period. The major factors driving the growth of the global market is the superior features offered by programmable power management ICs over traditional power management ICs. The programmable power management IC increases system reliability and reduces the overall size and power consumption in multiple target applications with a high level of integration, flexibility, and programmability.
Furthermore, the primary application of programmable power management ICs is battery power management majorly being used in the automotive sector. The programmable power management ICs offer less power consumption and are battery friendly. Thus, programmable power management ICs are an essential part of electronic control units in the automotive industry. Also, the increasing demand for battery operated devices and various technological development by the key players are anticipated to fuel the growth of the global market during the forecast period. Moreover, stringent government policies regarding less energy consumption are fueling the growth of global programmable power management IC market during the forecast period.
However, the integration and programming complexity of programmable power management ICs is expected to hamper the growth of the global market in the coming years. Though manufacturers are engaged in research and development activities to overcome this barrier in the growth of the global market.
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Programmable Power Management IC Market – Segmentation
The programmable power management IC market can be bifurcated on the basis of:
- Product Type
Programmable Power Management IC Market Segmentation – By Product Type
Depending on the product type, the programmable power management IC market can be divided into:
- Voltage Regulators
- Motor Control ICs
- Battery Management ICs
- Integrated ASSP
Programmable Power Management IC Market Segmentation – By Application
On the basis of the application, the programmable power management IC market can be fragmented into:
- Consumer Electronics
The report on programmable power management IC market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The programmable power management IC market report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The programmable power management IC market report also maps the qualitative impact of various market factors on programmable power management IC market segments and geographies.
Regional analysis for programmable power management IC market includes:
- North America
- Asia Pacific
- Middle East & Africa (MEA)
- South America
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.