The automotive power management Integrated Circuit (IC) market size reached USD 539.3 Million in 2022 and is expected to register a revenue CAGR of 4.2% during the forecast period to the latest analysis by Emergen Research. The rising demand for Advanced Driver Assistance Systems (ADAS) is a key factor driving revenue growth of the market. Several factors are driving revenue growth of the automotive power management Integrated Circuit (IC) market, including increased production and sales of electric vehicles, increased adoption of 5G networks, and rising demand for PMICs in sophisticated driver assistance systems (ADAS). Automobile manufacturers increasingly regard themselves as both service providers and product manufacturers.
Digital Signal Processors: Digital signal processors (DSPs) are used to control the power management system. They receive input signals from different sensors and use this information to determine the power requirements of the various components
Get Download Pdf Sample Copy of this Report@ https://www.emergenresearch.com/request-sample/1650
The global Automotive Power Management Integrated Circuit industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The leading market contenders listed in the report are:
Analog Devices Inc., Texas Instruments Incorporated, Infineon Technologies AG, Sanken Electric Co., Ltd., SMIC, NXP Semiconductors B.V., STMicroelectronics, Allegro MicroSystems, Renesas Electronics Corporation, and Microchip Technology Incorporated
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Automotive Power Management Integrated Circuit market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Competitive Outlook: The leading companies operating in the Automotive Power Management Integrated Circuit market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Automotive Power Management Integrated Circuit market.
Market Segmentations of the Automotive Power Management Integrated Circuit Market
This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Automotive Power Management Integrated Circuit market on the basis of product, application, and region:
Segments Covered in this report are:
- Vehicle Type Outlook (Revenue, USD Million; 2019–2032)
- Heavy Passenger Vehicle
- Light Passenger Vehicle
- Passenger Vehicle
- Application Outlook (Revenue, USD Million; 2019–2032)
- Battery Management
- ADAS & Safety
- Body Electronics & Infotainment Systems
- Regional Outlook (Revenue, USD Million; 2019–2032)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
- North America
Major Geographies Analyzed in the Report:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.