The Power Management IC Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The Power Management IC market has seen robust growth lately. The market size is projected to expand from $33.88 billion in 2024 to $36.46 billion in 2025, with a compound annual growth rate (CAGR) of 7.6%.
The Power Management IC market is predicted to reach $48.23 billion by 2029, with a compound annual growth rate (CAGR) of 7.2%.
Download Your Free Sample of the 2025 Power Management IC Market Report and Uncover Key Trends Now!The drivers in the power management ic market are:
• Rise in the use of electric vehicles
• Expansion of the Internet of Things
• Increased popularity of wearable devices
• Growth in industrial automation and robotics
The power management ic market covered in this report is segmented –
1) By Product: Voltage Regulators, Linear Voltage Regulators, DC Regulators, Motor Control ICs, Integrated ASSPs Power Management ICs, Battery Management ICs, Other Products
2) By Function: Digital, Analog
3) By Operating Range: 1µA To 1mA, 1.1mA To 1A, 1a To 10A, 10.1A To 25A, 25.1A To 100A, Above 100A
4) By Application type: Linear Regulators, Reset ICs (Voltage Detectors), Light Emitting Diode (LED) Controllers, DC-DC Convertors (Switching Regulators), Switch ICs, Other Applications
5) By End Users: Consumer Electronics, Automotive, Information Technology And Telecommunication, Healthcare, Industrial, Power And Energy, Aerospace And Defense, Other End Users
The trends in the power management ic market are:
• The adoption of sustainability and green technology is a major emerging trend.
• Integration of smart grids and renewable energy solutions is becoming increasingly prevalent.
• Development of wireless charging solutions is gaining traction in the market.
• The use of advanced artificial intelligence and machine learning in power management IC is on the rise.
The major players in the power management ic market are:
• Qualcomm Technologies Inc.
North America was the largest region in the power management IC market in 2023