Power Management Integrated Circuits (IC) Market to 2020 - Battery Powered Portable Gadgets to Drive Sales Growth

The growing use of battery-powered consumer devices is expected to be a key growth driver of Power Management ICs during the forecast period 2010-2020

. Power Management ICs find their usage in consumer devices such as smart phones, digital cameras, mp3s, iPods, LCD TVs, washing machines, and refrigerators. Power Management ICs are typically used 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 $2,751m by 2016.

The rapid adoption of smart phones is expected to boost the demand of Power Management ICs. The usage of smart phones is set to increase dramatically 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 reducing the energy consumption of their products and this trend is expected to increase the demand for Power Management ICs. Consumer device vendors are going for energy efficiency certifications such as Energy Star and TCO. The requirements for such energy efficiency certifications are getting increasingly stringent which is further accentuating the need for Power Management ICs in electronic devices.

The sales revenues of Power Management ICs are expected to grow at a CAGR of 6.27% between 2009 and 2016.

The consumption for Power Management ICs in Asia is expected to show a marked growth between 2010 and 2020. Asian countries have become both the world's largest 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 world. China holds the largest supply and consumption of Power Management ICs with sales revenue 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" provides the key market statistics and analysis on the Power Management IC industry. The report covers the key market drivers, restraints and growth forecasts for the major segments in the Power Management Industry.

This report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GBI Research's team of industry experts.

For further details, please click or add the below link to your browser:

http://www.gbiresearch.com/Report.aspx?ID=Power-Management-Integrated-Circuits-(IC)-Market-to-2020--Battery-Powered-Portable-Gadgets-to-Drive-Sales-Growth&ReportType=Industry_Report&coreindustry=ALL&Title=Technology

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Power Management Integrated Circuits (IC) Market to 2020 - Battery Powered Portable Gadgets to Drive Sales Growth

By: Rajesh Gunnam

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