The developing use of battery-powered customer devices is anticipated to be a essential development driver of Power Management ICs in the course of the forecast period 2010-2020. Power Management ICs uncover their usage in consumer devices such as sensible phones, digital cameras, mp3s, iPods, LCD TVs, washing machines, and refrigerators. Power Management ICs are generally employed for power supply and battery management applications in electronic devices. The revenue share from consumer appliances is expected to rise from $ 1,782m in 2004 to $ two,751m by 2016.
The rapid adoption of sensible phones is expected to increase the demand of Power Management ICs. The usage of intelligent phones is set to improve significantly with the sales volume forecasted to rise from 174 million in 2009 to 500 million in 2014 at a CAGR of 23.5%.
Customer electronics organizations are raising the bar in terms of lowering the energy consumption of their goods and this trend is anticipated to improve the demand for Energy Management ICs. Consumer device vendors are going for power efficiency certifications such as Power Star and TCO. The needs for such energy efficiency certifications are acquiring increasingly stringent which is further accentuating the need for Power Management ICs in electronic devices.
The sales revenues of Power Management ICs are anticipated to develop at a CAGR of 6.27% between 2009 and 2016.
The consumption for Energy Management ICs in Asia is expected to show a marked growth amongst 2010 and 2020. Asian countries have grow to be both the world’s biggest consumer and supplier of electronic goods due to their huge population and the rising per capita income, plus the favorable government policies.
For instance, China with the second largest economy in terms of nominal GDP is the fastest growing economy in the globe. China holds the largest provide and consumption of Power Management ICs with sales revenue of $ two,387m in 2009. The prime semi-conductor businesses 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” gives the key industry statistics and analysis on the Energy Management IC industry. The report covers the key industry drivers, restraints and growth forecasts for the major segments in the Energy Management Business.
This report is constructed making use of data and info sourced from proprietary databases, main and secondary analysis and in-house analysis by GBI Research’s team of industry professionals.
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