The Europe Power Management Integrated Circuits (PMICs) Market Size would grow at a market growth of 5.4% CAGR during the forecast period (2016 - 2022).
Power Management Integrated Circuits (PMICs) are electronic components which offer highly integrated, high-performance power management solutions to different end users, namely, automotive, consumer electronics, telecommunication & networking, and others. PMICs, due to features such as power management, system control, battery management, interface & audio functions, and other system specific functions has the ability to offer optimum integration solutions.
PMIC manufacturers are now focusing on building technologies which could be used to develop compact and high-performance multifunctional power management ICs, select appropriate line of action, etc. to address the challenge of complexity, which would propel the market growth. Complex integration processes involved in multi-power domain SOCs of PMICs would be the major factor that would restrain the market growth. The PMICs today are majorly used in voltage regulators, battery management IC, integrated ASSP power management IC, motor control IC, etc.
With the integration of PMIC's, it is possible to design high-efficiency solutions which lead to extended battery life and also reduce power dissipation. Based on the Product Type, the Power Management Integrated Circuit (PMIC) market is segmented into Voltage Regulator, Integrated ASSP, Battery Management ICs, Motor Control IC, and Others. Based on the Vertical, the market is segmented into Consumer Electronics, Automotive, Telecom & Networking, Industrial, and Others.
Based on country, Power Management Integrated Circuit (PMIC) market is segmented into Germany, UK, France, Russia, Spain, Italy and Rest of Europe. Germany remained the dominant country in the Europe Power Management Integrated Circuit (PMIC) market in 2015. France would witness promising CAGR during the forecast period (2016-2022). The report covers the analysis of key stake holders of the Power Management Integrated Circuit (PMIC) market. Key companies profiled in the report include Texas Instruments Inc., Maxim Integrated Products Inc., Infineon Technologies AG, Cypress Semiconductor Corporation, NXP Semiconductors N.V., Omron Corporation, Renesas Electronics Corp, and STMicroelectronics N.V.
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