The growing use of battery-powered customer devices is anticipated to be a key growth driver of Energy Management ICs during the forecast period 2010-2020. Energy Management ICs find their usage in consumer devices such as smart phones, digital cameras, mp3s, iPods, LCD TVs, washing machines, and refrigerators. Energy Management ICs are generally employed for power supply and battery management applications in electronic devices. The income share from customer appliances is expected to rise from $ 1,782m in 2004 to $ two,751m by 2016.
The speedy adoption of wise phones is expected to enhance the demand of Energy Management ICs. The usage of intelligent phones is set to boost drastically with the sales volume forecasted to rise from 174 million in 2009 to 500 million in 2014 at a CAGR of 23.5%.
Consumer electronics companies are raising the bar in terms of minimizing the energy consumption of their goods and this trend is expected to boost the demand for Energy Management ICs. Consumer device vendors are going for power efficiency certifications such as Power Star and TCO. The specifications for such energy efficiency certifications are obtaining increasingly stringent which is further accentuating the want for Power Management ICs in electronic devices.
The sales revenues of Power Management ICs are expected to develop at a CAGR of 6.27% between 2009 and 2016.
The consumption for Energy Management ICs in Asia is anticipated to show a marked development among 2010 and 2020. Asian nations have turn into each the world’s biggest consumer and supplier of electronic goods due to their enormous population and the increasing per capita income, plus the favorable government policies.
For instance, China with the second biggest economy in terms of nominal GDP is the quickest expanding economy in the world. China holds the biggest supply and consumption of Energy Management ICs with sales income of $ 2,387m in 2009. The top semi-conductor companies in China are SMIC, Hua Hong NEC and HeJian.
GBI Research’s Semi-conductor’s report, “Power Management Integrated Circuits (IC) Market to 2020 – Battery Powered Portable Gadgets to Drive Sales Growth” offers the key industry statistics and evaluation on the Energy Management IC market. The report covers the important marketplace drivers, restraints and growth forecasts for the major segments in the Energy Management Industry.
This report is built using data and data sourced from proprietary databases, principal and secondary research and in-house analysis by GBI Research’s team of sector experts.
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