PICs Power Integrated Circuits Market size was valued at USD 15.4 Billion in 2024 and is projected to reach USD 30.2 Billion by 2033, exhibiting a CAGR of 8.2% from 2026 to 2033.
The South Korea PICs (Power Integrated Circuits) Power Integrated Circuits Market is rapidly growing, driven by an increasing demand for energy-efficient technologies across various industries. Power Integrated Circuits are essential components that help manage power in electronic systems, and their importance has escalated in sectors like automotive, telecommunications, consumer electronics, and industrial equipment. These circuits are designed to optimize power conversion, enhance efficiency, and reduce energy consumption—making them highly desirable in today’s eco-conscious technological landscape.
The South Korean market is particularly influenced by a surge in the adoption of electric vehicles (EVs) and renewable energy solutions. As the country pushes toward more sustainable solutions, industries require advanced PICs for power management in EV charging stations and grid-connected systems. Moreover, with the advent of 5G technology, there is a heightened need for PICs to efficiently manage the increasing power demands of base stations and communication systems. This need is exacerbated by the growing shift towards smarter infrastructure and IoT devices, further increasing the market potential for power ICs in South Korea.
Several factors contribute to the growing requirement for Power Integrated Circuits in South Korea's industrial sector. These include the transition to energy-efficient power systems, the rapid growth of smart cities, and advancements in artificial intelligence and automation technologies. Industries such as consumer electronics are also adopting PICs for smaller, more efficient devices. PICs are vital in applications ranging from LED lighting systems and power supplies to mobile devices, where minimizing power loss and optimizing battery life are key considerations.
South Korean manufacturers are responding to these demands with innovations aimed at enhancing the performance, miniaturization, and reliability of PICs. The market has become highly competitive, with major players focusing on producing integrated solutions that cater to diverse industries. As more sectors continue to seek power-efficient solutions, the role of PICs in shaping South Korea’s technological future will only grow stronger.
Get an In-Depth Research Analysis of the South Korea PICs Power Integrated Circuits Market Size And Forecast [2025-2032]
Texas Instruments
Infineon
Qualcomm
ON Semi
NXP
Maxim Integrated
Dialog Semiconductor
STMicroelectronics
Toshiba
Analog Devices
Silergy
Power Integrations
ROHM
MediaTek
Microchip
Skyworks
Renesas
Cypress Semiconductor
On-Bright Electronics
Alpha and Omega Semiconductor
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. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. 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.
Get Discount On The Purchase of the South Korea PICs Power Integrated Circuits Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the South Korea PICs Power Integrated Circuits Market
Linear Power Integrated Circuits
Switching Power Integrated Circuits
Class D Amplifiers
Power Management Integrated Circuits (PMICs)
Voltage Regulators
Consumer Electronics
Automotive Systems
Telecommunications Equipment
Industrial Automation
Renewable Energy Systems
Analog Power Integrated Circuits
Digital Power Integrated Circuits
Mixed-Signal Power Integrated Circuits
RF Power Integrated Circuits
Opto-Power Integrated Circuits
Integrated Voltage Regulators
Integrated Power Amplifiers
Integrated Current Sensors
Integrated Charge Controllers
Integrated Power Switches
Telecommunications
Consumer Electronics
Automotive
Healthcare
Information Technology
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
For More Information or Query, Visit @ South Korea PICs Power Integrated Circuits Market Research Analysis
1. Introduction of the South Korea PICs Power Integrated Circuits 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. South Korea PICs Power Integrated Circuits Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea PICs Power Integrated Circuits Market, By Type
6. South Korea PICs Power Integrated Circuits Market, By Application
7. South Korea PICs Power Integrated Circuits Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea PICs Power Integrated Circuits Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Research and Consulting firm servicing over 5000+ clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/