New report published by Market Research Report Store (MRRS) which offers insights on the global Automotive Power Management IC market.
Power Management Integrated Circuits (PMIC) are used to manage power requirements and to support voltage scaling and power delivery sequencing in power electronic devices. They are the key components in any electronic device with a power supply, battery, or power cord and they optimize power usage.
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Global Automotive Power Management IC Market: Forecast by Type / Application / Region
Top Automotive Power Management IC Manufacturers Covered in This report?Texas Instruments, Maxim, STMicroelectronics, NXP Semiconductors, Cypress, Dialog, Toshiba, ROHM, Renesas, Allegro MicroSystems, Richtek.
Market Breakdown by Type?Discrete Type, Highly Integrated Type.
Market Breakdown by Application?Passenger Vehicle, Commercial Vehicle.
Automotive power management ICs (PMICs) provide highly-integrated and robust power management solutions for automotive applications. The global automotive power management IC (PMIC) market will reached a revenue of approximately 472.99 USD in 2017, and is expected to reach 603.11 M USD in 2025. growing at a CAGR of 3.08% between 2017 and 2025.
Texas Instruments, Maxim, STMicroelectronics, NXP Semiconductors and Cypress captured the top five revenue share spots in the automotive power management IC (PMIC) market in 2017. Texas Instruments dominated with 15.91% revenue share, followed by Maxim with 12.95% revenue share and STMicroelectronics with 11.65% revenue share in 2017.
Power management IC are high-precision products, this industry need a long product development cycle, design requirements, capital investment, complex technology process, with a higher threshold. Therefore, it formed a high degree concentration, monopolized by large semiconductor manufacturers.
The profitability of individual companies depends on their ability to bid accurately, secure contracts, and control costs. Large companies enjoy economies of scale in financing and the ability to offer a broad range of services in many locations. Smaller companies can compete effectively by specializing in particular services or focusing on a certain geography.
Power management ICs have certainly become very important for the semiconductor industry and automotive industry, and applied for automotive Infotainment, Telematics and ADAS at large. here is a trends in the future for lower cost, simple PMICs, many of which are being integrated into their host IC’s package, thus becoming a system-on- chip (SoC).
To capitalize on market opportunities in the new growth cycle, chipmakers need to make fundamental, structural improvements by means of improving research and development, innovative supply chains, transformation of sales force etc., This tends to attract more investments and revenues in the sector.
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United States Automotive Power Management IC Market Research Report 2018
Europe Automotive Power Management IC Market Research Report 2018
North America Automotive Power Management IC Market Research Report 2018
Asia-Pacific Automotive Power Management IC Market Research Report 2018
China Automotive Power Management IC Market Research Report 2018
EMEA Automotive Power Management IC Market Research Report 2018
Global Automotive Power Management IC Market Research Report 2018