According to the Report “Global Power Management Semiconductor IC Market 2014-2018”, Power management ICs are used for managing power requirements and to support voltage scaling and power delivery sequencing in power electronic devices. Power management ICs are key components of electronic devices, which are used to optimize power usage. Power management ICs are the key components in any device with a power supply, battery or power cord, which exist primarily to optimize power usage. It is used for managing the power used within a larger electronic system such as a cell phone, TV or computer to applications enabling new power-saving technologies including smart meters and grids or more efficient lighting solutions.
Analysts forecast the Global Power Management Semiconductor IC market will grow at a CAGR of 7.87 percent over the period 2013-2018.
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The Report recognizes the following companies as the key players in the Global Power Management Semiconductor IC Market: Maxim Integrated Products Inc., ON Semiconductor Corp., Richtek Technology Corp., Sanken Electric Co. Ltd, Texas Instruments Inc., Fairchild Semiconductor International Inc., Intersil Corp., Linear Technology Corp., Micrel Inc., Power Integrations Inc., STMicroelectronics N.V.
Rapid technological advancements have led to the market witnessing the availability of products that incorporate multiple features on a single platform. Segments such as the Communication sector and the Automotive and Consumer Electronics industries, which extensively use power management semiconductor ICs, currently drive the need for the miniaturization of semiconductor devices. These devices use a combination of power management semiconductor ICs and other discrete power semiconductors either as a monolithic device or as a system in a package
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Covered in this Report
The Global Power Management Semiconductor IC market can be divided into six segments based on application into Automotive, Computing, Communication, Consumer, Industrial, and Others.
Global Power Management Semiconductor IC Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the APAC region, Europe, the Americas, and ROW; it also covers the Global Power Management Semiconductor IC market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, the Global Power Management Semiconductor IC market is driven by several factors. One of its major drivers is the rapid adoption of smartphones, especially in emerging markets, because of these devices' mobility and advancements in wireless connectivity infrastructure.
Further, the report states that the Global Power Management Semiconductor IC market growth is curtailed by certain serious challenges. The low demand for power management semiconductor ICs because of the cyclic nature of the Semiconductor industry is one such key market challenge. The demand for power management semiconductor ICs is dependent on the growth of various industries such as the Automotive, Communication, Computing, and Consumer Electronics industries.
- Maxim Integrated Products Inc.
- ON Semiconductor Corp.
- Richtek Technology Corp.
- Sanken Electric Co. Ltd
- Texas Instruments Inc.
Other Prominent Vendors
- Fairchild Semiconductor International Inc.
- Intersil Corp.
- Linear Technology Corp.
- Micrel Inc.
- Power Integrations Inc.
- STMicroelectronics N.V.
Key Market Driver
- Rapid Adoption of Smartphones.
Key Market Challenge
- Cyclical Nature of the Semiconductor Industry.
Key Market Trend
- Growing Need for Miniaturization of Semiconductor Devices.
Key Questions Answered in this Report
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?