Power Management IC (PMIC) for Automotive Market size was valued at USD 4.12 Billion in 2024 and is forecasted to grow at a CAGR of 9.1% from 2026 to 2033, reaching USD 8.62 Billion by 2033.
The global Power Management IC (PMIC) for automotive market was valued at approximately USD 553.3 million in 2022 and is projected to reach around USD 674.5 million by 2029, reflecting a compound annual growth rate (CAGR) of 2.9% during the forecast period. North America holds the largest market share, accounting for about 37% of the global market, followed by Europe with approximately 31%. The Asia Pacific region is experiencing significant growth, driven by the expanding automotive industry, particularly in China, where the new energy vehicle sector is leading the market for battery electric vehicles. Opportunities in the PMIC for automotive market are being propelled by the increasing adoption of electric vehicles (EVs) and the integration of advanced driver assistance systems (ADAS). The rising demand for energy efficient power management solutions in vehicles presents a lucrative avenue for market expansion. Additionally, supportive government policies and incentives for EV adoption, especially in regions like North America and Asia Pacific, are expected to further stimulate market growth. Manufacturers focusing on the development of highly integrated and efficient PMICs tailored for automotive applications are well positioned to capitalize on these emerging opportunities.
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Texas Instruments
Infineon
ROHM
ON Semi
NXP
Maxim Integrated
Dialog Semiconductor
STMicroelectronics
Toshiba
Analog Devices
Renesas
Allegro MicroSystems
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Power Management IC (PMIC) for Automotive Market
Battery Management Systems (BMS)
Charging ICs
DC-DC Converters
Power Distribution ICs
Voltage Regulators
Power Management for Sensors
Power Supply ICs
Power Over Ethernet ICs
Power Amplifiers
Voltage Regulators
Display Power Management
Power Supply ICs
Voltage Regulators
Motor Driver ICs
Current Limiting ICs
Thermal Management ICs
Battery Management Systems (BMS)
Power Distribution ICs
High Efficiency DC-DC Converters
Voltage Regulators
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Power Management IC (PMIC) for Automotive Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Power Management IC (PMIC) for Automotive Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Power Management IC (PMIC) for Automotive Market, By Type
6. Global Power Management IC (PMIC) for Automotive Market, By Application
7. Global Power Management IC (PMIC) for Automotive Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Power Management IC (PMIC) for Automotive Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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