North America Standard Power Management ICs Market was valued at USD 3.1 Billion in 2022 and is projected to reach USD 4.8 Billion by 2030, growing at a CAGR of 6.9% from 2024 to 2030.
The North American power management IC (PMIC) market has seen significant growth over the last few years, largely due to increasing demand for efficient power management in various industries. These ICs, which regulate voltage and current to ensure optimal power efficiency, are critical components in a wide range of applications, including consumer electronics, automotive, telecommunications, and industrial equipment.
One of the major drivers for PMIC growth in North America is the surge in electric vehicle (EV) adoption. As more electric vehicles hit the roads, the need for advanced power management solutions grows. Power management ICs are crucial for managing the complex battery systems of EVs, ensuring longer battery life, faster charging, and energy-efficient performance.
In consumer electronics, particularly smartphones, laptops, and wearable devices, PMICs play a central role in power efficiency. The need for longer battery life and faster charging speeds has led to a surge in PMIC innovation, with manufacturers focusing on creating more compact, highly integrated ICs that deliver superior performance.
Telecommunications is another industry where power management is becoming increasingly important. As 5G networks continue to roll out across North America, there is a growing demand for PMICs that can support the increased power requirements of 5G infrastructure and devices. These ICs ensure optimal energy distribution, thermal management, and voltage regulation to support the high speeds and low latency of 5G networks.
Industrial sectors are also major consumers of PMICs, with manufacturing automation, robotics, and IoT devices all requiring efficient power solutions. Industrial equipment needs high-performance ICs to ensure that power systems operate reliably and consistently under varying load conditions.
As industries continue to evolve, the North America Standard Power Management ICs Market will remain a critical component in driving innovation and sustainability across these sectors.
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Chipown
Sino Wealth Electronic
Poweron
MR Semiconductor
VeriSilicon
Texas Instruments
MPS (Monolithic Power Systems)
PI (Power Integrations)
Silergy Corporation
On-Bright Electronics Incorporated
Hangzhou Silan Microelectronics
Fine Made Microelectronics
SG Micro
Will Semiconductor
Halo Microelectronics
Wuxi Etek Microelectronics
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.
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Growing demand for below applications around the world has had a direct impact on the growth of the North America Standard Power Management ICs Market
Mobile Phone and Tablet
Notebook
Set Top Box
Illumination
Other
Based on Types the Market is categorized into Below types that held the largest Standard Power Management ICs market share In 2023.
AC-DC ICs
PFC ICs
PFM/PWM Control ICs
Others
North America (United States, North America 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 North America Standard Power Management ICs 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. North America Standard Power Management ICs Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. North America Standard Power Management ICs Market, By Type
6. North America Standard Power Management ICs Market, By Application
7. North America Standard Power Management ICs Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
8. North America Standard Power Management ICs Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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