Global Power ICs Market Growth (Status and Outlook) 2023-2029

Global Power ICs Market Growth (Status and Outlook) 2023-2029

Product Code:461508

Published Date: Feb 08,2023

Pages: 122

Region: Global

Category: Electronics & Semiconductor

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PICs (power integrated circuits) are defined as ICs combining high-voltage and/or high-current components monolithically with low-voltage/low-current control components. Broadly, three classes of technologies, based on the techniques for isolating the high- and low-voltage components, have been developed for PICs: junction-isolated, self-isolated and dielectrically isolated. Each of these technologies has found its way into applications that result in optimal performance per unit cost. Simultaneously with the development of technologies, several advancements have been made in high-voltage/power devices suitable for integration. These included the reduced surface field lateral double diffused MOS transistor (RESURF LDMOS), the isolated vertical DMOS (VDMOS), the lateral insulated gate bipolar transistor (LIGBT), the high-voltage RESURF bipolar transistors, the Schottky injection FET (SINFET), and the trench sidewall channel DMOS (TDMOS).

LPI (LP Information)' newest research report, the “Power ICs Industry Forecast” looks at past sales and reviews total world Power ICs sales in 2022, providing a comprehensive analysis by region and market sector of projected Power ICs sales for 2023 through 2029. With Power ICs sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Power ICs industry.

This Insight Report provides a comprehensive analysis of the global Power ICs landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Power ICs portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Power ICs market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Power ICs and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Power ICs.

The global Power ICs market size is projected to grow from US$ 21400 million in 2022 to US$ 28060 million in 2029; it is expected to grow at a CAGR of 3.9% from 2023 to 2029.

From the perspective of PIC applications, in recent years, with the emerging of smartphones, smart homes, wearable devices, VR (Virtual Reality) / AR (Augmented Reality) The booming consumer electronics market and the demand for intelligent and low-energy consumption of industrial automation robots, drones, electric vehicles and other industrial products. The rapid development of integrated circuit products in the direction of diversification has spawned a large number of new chip requirements, which has led to the steady development of the global PIC design industry.

From the perspective of overall market share, the main players in China's PIC market are mainly from European and American, accounting for more than 80% of the market share. The entire power Standard Power ICs design industry is showing a shift from the United States, Europe and Japan to China, China's power Standard Power ICs market is on the rise. As the manufacturing centers of end-consumer products are concentrated in Asia-Pacific and China, due to the impact of cost, large-scale ICs design companies in Europe and the United States have gradually faded out of the trend of civilian consumer markets, turning to other Vehicle Electronics, industrial, military, and even astronauts and other performance requirements.

This report presents a comprehensive overview, market shares, and growth opportunities of Power ICs market by product type, application, key players and key regions and countries.

Market Segmentation:
Segmentation by type
    Power Management IC (PMIC)
    Driver IC

Segmentation by application
    Smart Phone
    Automotive
    High Performance Computing
    Industrial
    IoT
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Texas Instruments
    Infineon
    Qualcomm
    ON Semi
    NXP
    Maxim Integrated
    Dialog Semiconductor
    STMicroelectronics
    Toshiba
    Analog Devices
    Silergy
    Power Integrations
    ROHM
    MediaTek Inc.
    Microchip
    Skyworks
    Renesas
    Cypress Semiconductor
    On-Bright Electronics
    Alpha and Omega Semiconductor