Dublin, Nov. 25, 2022 (GLOBE NEWSWIRE) -- The "Automotive Power Management IC Market - A Global and Regional Analysis: Focus connected Product, Application, and Country Analysis - Analysis and Forecast, 2022-2031" study has been added to ResearchAndMarkets.com's offering.
The planetary automotive powerfulness absorption IC marketplace is projected to scope $10,186.4 cardinal by 2031 from $4,176.0 cardinal successful 2021, astatine a CAGR of 9.5% during the forecast play 2022-2031. The maturation successful the automotive powerfulness absorption IC marketplace is expected to beryllium driven by technological advancements and expanding request for precocious operator assistance systems (ADAS).
Market Lifecycle Stage
Globally connected vehicles are moving the automotive manufacture into a caller era. Vehicles are being deployed with extended sensor platforms that make immense amounts of information from antithetic systems, specified arsenic LIDAR, telematics power units, oregon OBD-II interfaces. At the aforesaid time, the advent of 5G and underlying debased latency, precocious bandwidth V2X exertion is enabling dozens of caller automotive usage cases.
The automotive powerfulness absorption IC marketplace is successful the maturation phase. The implementation of powerfulness absorption ICs is expanding successful electrical vehicles. As a result, the marketplace is expected to flourish successful the forecast period.
Impact
The automotive powerfulness absorption IC marketplace is driven by respective factors, specified arsenic expanding accumulation and income of electrical cars, increasing implementation of 5G networks, and expanding request for PMICs successful precocious operator assistance systems (ADAS).
Automobile producers progressively spot themselves arsenic some work providers and producers of products. In summation to creating the adjacent procreation of connected and autonomous vehicles that volition heighten postulation travel and safety, manufacturers are investing successful a wide scope of innovative mobility services.
Market Segmentation
Segmentation 1: by Application
- ADAS and Safety
- Battery Management
- Telematics
- Body Electronics and Infotainment Systems
- Powertrain
Segmentation 2: by Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
Segmentation 3: by Input Voltage
- <6 V
- 6 to 32 V
- >32 V
Segmentation 4: by Mounting Style
- Plated Through Hole (PTH)
- Surface-Mount (SMT)
Segmentation 5: by Region
- North America
- Europe
- China
- Asia-Pacific and Japan
- South America
- Middle East and Africa
Recent Developments successful the Automotive Power Management IC Market
- In June 2022, Renesas Electronics Corporation launched the ISL78083, a powerfulness absorption IC (PMIC) aimed astatine simplifying powerfulness proviso plan for usage successful aggregate HD camera modules, reducing improvement cycles, measure of materials (BOM) cost, and proviso concatenation risks.
- In June 2021, Microchip expanded its wide portfolio of dsPIC33C DSCs to screen the ample representation conception with the caller ISO 26262-compliant dsPIC33CK1024MP7xx family. This caller household of dsPIC33C DSCs with 1 MB Flash enables applications moving automotive bundle specified arsenic AUTOSAR, OS, MCAL drivers, ISO 26262 functional information diagnostics, and information libraries. The household of dsPIC33 DSCs besides includes a high-performance cardinal processing portion (CPU) with a deterministic effect and specialized peripherals for wide automotive, precocious sensing and control, integer power, and centrifugal power applications.
Demand - Drivers and Limitations
The pursuing are the request drivers for the automotive powerfulness absorption IC market:
- Increasing Sales of Electric Vehicles
- Increasing Demand for Advanced Driver Assistance Systems (ADAS)
The marketplace is expected to look immoderate limitations arsenic good owed to the pursuing challenge:
- Thermal Challenges for Powering High-Current Rails
Key Market Players and Competition Synopsis
The companies that are profiled person been selected based connected inputs gathered from superior experts and analyzing institution coverage, merchandise portfolio, and marketplace penetration.
The apical conception players who are starring the automotive powerfulness absorption IC marketplace see backstage companies that seizure astir 30% of the marketplace share, whereas nationalist companies successful the marketplace seizure astir 70% of the marketplace share.
Some of the salient names established successful this marketplace are:
Company Type 1: Private Companies
- Power Clinic Inc.
- Silergy Corp.
- Lion Semiconductor
- TOREX USA Corp.
- Rantle East Electronic Trading Co., Limited
Company Type 2: Public Companies
- Texas Instruments Incorporated
- SMIC
- Analog Devices Inc.
- NXP Semiconductors B.V.
- Onsemi
- Infineon Technologies AG
- STMicroelectronics
- Sanken Electric Co., Ltd.
- Allegro MicroSystems
- Microchip Technology Incorporated
- Renesas Electronics Corporation
- Cypress Semiconductor Corporation
- Qualcomm Technologies, Inc.
- Rutronik Elektronische Bauelemente GmbH
- Maxim Integrated
For much accusation astir this study sojourn https://www.researchandmarkets.com/r/j0bz97
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