Global Automotive Power Management IC Market Growth 2023-2029

Global Automotive Power Management IC Market Growth 2023-2029

Product Code:449259

Published Date: Feb 08,2023

Pages: 107

Region: Global

Category: Electronics & Semiconductor

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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.

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

This Insight Report provides a comprehensive analysis of the global Automotive Power Management IC 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 Automotive Power Management IC portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Power Management IC market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Power Management IC 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 Automotive Power Management IC.

The global Automotive Power Management IC market size is projected to grow from US$ 526 million in 2022 to US$ 656.5 million in 2029; it is expected to grow at a CAGR of 656.5 from 2023 to 2029.

North America is the largest Automotive Power Management IC market with about 37% market share. Europe is follower, accounting for about 31% market share.

The key players are Texas Instruments, Maxim, STMicroelectronics, NXP Semiconductors, Cypress, Dialog, Toshiba, ROHM, Renesas, Allegro MicroSystems, Richtek etc. Top 3 companies occupied about 38% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Power Management IC market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Discrete Type
    Highly Integrated Type

Segmentation by application
    Passenger Vehicle
    Commercial Vehicle

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
    Maxim
    STMicroelectronics
    NXP Semiconductors
    Cypress
    Dialog
    Toshiba
    ROHM
    Renesas
    Allegro MicroSystems
    Richtek

Key Questions Addressed in this Report
What is the 10-year outlook for the global Automotive Power Management IC market?
What factors are driving Automotive Power Management IC market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automotive Power Management IC market opportunities vary by end market size?
How does Automotive Power Management IC break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?