Power Management Ic Market Growth, Trends, Price, Segment and Forecasts to 2020

Technavio Announces the Publication of its Research Report Global Power Management IC Market 2016-2020

Technavio recognizes the following companies as the key players in the global power management IC market: Fairchild Semiconductor, Freescale Semiconductor, Qualcomm, ROHM, STMicroelectronics, and Texas Instruments.

Other Prominent Vendors in the market are: Analog Devices, Intersil, Intel, Linear Technology, Maxim Integrated, Mitsubishi Electric, ON Semiconductor, and Renesas.

Browse full report with TOC@ https://marketreportscenter.com/reports/403823/global-power-management-ic-market-2016-2020

Commenting on the report, an analyst from Technavios team said: Automation in automobiles will be a key trend for market growth. Automobiles are undergoing a massive digital makeover as an increasing number of automakers are considering automation as a serious trend. Leading automakers such as Toyota, Audi, and Mercedes have invested considerable resources in the R&D of vehicle automation. The next-generation automobiles are expected to include speech recognition, video and image compatibilities, and IC-integrated LED front lighting. Semiconductor content has a crucial role in vehicle automation, especially in networked communication and driving automation. It constantly provides accurate information for the inbuilt artificial intelligence for an optimal drive experience. In this scenario, the role of power management ICs is to optimally supply power to all essential electronic components of the vehicle.”

According to the report, proliferation of energy-efficient devices will be a key driver for market growth. Energy resources have been depleting around the globe. With growing electricity consumption, the generation of power is posing a challenge to governments worldwide. This has led to a major concern regarding efficient utilization of electricity as an energy source. The need for conserving energy and reducing the associated environmental impacts that...