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Allied Market Research, titled, “ Power Management Integrated Circuits Market  by Product Type and End Use: Opportunity Analysis and Industry Forecast, 2020–2027 ” the global power management integrated circuits market size was valued at $33.96 billion in 2019, and is projected to reach at $51.04 billion by 2027, growing at a CAGR of 5.3% from 2019 to 2027. Asia-Pacific is expected to be the leading contributor to the global power management integrated circuits market, followed by North America and Europe. Power management ICs are highly integrated power management solutions used for a wide range of battery-operated electronic devices. PMICs are extensively used to fulfill power requirements in various applications such as consumer electronics, automobile, telecom & networking, and in the industrial sector. The global PMICs market is estimated to witness significant growth during the forecast period.  The growth is primarily due to rise in production of automobile ...

 Allied Market Research, titled, “ Power Management Integrated Circuits Market  by Product Type and End Use: Opportunity Analysis and Industry Forecast, 2020–2027 ” the global power management integrated circuits market size was valued at $33.96 billion in 2019, and is projected to reach at $51.04 billion by 2027, growing at a CAGR of 5.3% from 2019 to 2027. Asia-Pacific is expected to be the leading contributor to the global power management integrated circuits market, followed by North America and Europe. Power management ICs are highly integrated power management solutions used for a wide range of battery-operated electronic devices. PMICs are extensively used to fulfill power requirements in various applications such as consumer electronics, automobile, telecom & networking, and in the industrial sector. The global PMICs market is estimated to witness significant growth during the forecast period.  The growth is primarily due to rise in production of automobil...

Power management ICs find substantial applications in the automobiles for a host of portable devices such as navigation devices. Besides core functions, power management ICs, power management ICs help to integrate portable electronics with car stereo system using a USB cable or plug-in cradle. This facilitates to enhance features of automobile information and entertainment systems by means of integrating applications such as touch screen support and power audio interfaces via power management ICs. Therefore, with core applications in the highly lucrative consumer electronics and its ancillary industries, the demand for power management ICs is predicted to continue to rise in the years ahead. This substantiates the growth of  power management ICs market  at a healthy 4.6% CAGR for the 2018 – 2026 forecast period. Read More @  https://www.prnewswire.com/news-releases/power-management-integrated-circuits-market-predicted-to-be-valued-at-us56-48-bn-by-2026--applications-in-hi...