EUROPE POWER MANAGEMENT IC (PMIC) MARKET
PMICs are electronic components that provide highly integrated, high-performance power management solutions to a variety of end-users, including automotive, consumer electronics, telecommunications and networking, and others.
PMICs have the capacity to provide optimal integration solutions due to capabilities such as power management, system control, battery management, interface & audio functions, and other system-specific tasks.
To address the problem of complexity, PMIC producers are currently working on developing technologies that can be utilised to construct small and high-performance multifunctional power management ICs, pick appropriate lines of action, and so on, in order to fuel market growth.
Complex integration procedures in multi-power domain SOCs of PMICs would be a key stumbling block to market expansion. Voltage regulators, battery management ICs, integrated ASSP power management ICs, motor control ICs, and more applications employ PMICs today.
EUROPE POWER MANAGEMENT IC (PMIC) MARKET SIZE AND FORECAST
The Europe Power Management IC (PMIC) Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
NEW PRODUCT LAUNCH
BD71850MWV, a highly integrated and efficient power management IC (PMIC) tailored for NXP Semiconductors’ i.MX 8M Nano family of application processors, is launched by ROHM.
It’s the newest addition to ROHM’s expanding line of PMICs for NXP’s i.MX application processors. ROHM provides power solutions for all members of the i.MX 8M series with the BD71837AMWV for i.MX 8M Quad and Dual applications processors and the BD71847AMWV for i.MX 8M Mini family application processors. Customers may use i.MX 8M Nano applications processors to provide a speech interface to audio streaming devices at a reasonable cost.
Power Management Integrated Circuits (PMICs) play a crucial role in modern electronic devices, ensuring efficient power delivery and optimizing energy consumption. In Europe, the PMIC industry has been witnessing substantial growth, driven by the increasing demand for power-efficient devices and advancements in smart technologies.
To stay at the forefront of innovation and cater to diverse customer needs, European PMIC companies have been forging strategic partnerships with various organizations. NXP Semiconductors, a prominent Dutch semiconductor manufacturer, recently announced a partnership with Schneider Electric, a French multinational corporation specializing in energy management and automation.
The collaboration aims to enhance power management solutions for industrial applications, data centers, and smart building infrastructures. NXP’s advanced PMIC technology combined with Schneider Electric’s expertise in energy management is expected to create more intelligent and energy-efficient systems. Together, they intend to address the growing demand for sustainable and interconnected solutions, enabling better control and optimization of power consumption in a wide range of industrial and commercial settings.
Dialog Semiconductor, a German-based PMIC company, joined forces with Volvo Group, a leading Swedish manufacturer of commercial vehicles and transport solutions. This partnership seeks to develop power management solutions tailored to the unique requirements of electric and autonomous vehicles.
As electric mobility gains traction, efficient power management becomes critical to extend the range and improve the performance of electric vehicles. By leveraging Dialog Semiconductor’s expertise in PMICs and Volvo Group’s automotive knowledge, they aim to push the boundaries of electric vehicle technology and accelerate the adoption of sustainable transportation.
STMicroelectronics, a major European semiconductor manufacturer, partnered with ABB, a Swiss-Swedish multinational corporation specializing in robotics, power, and automation technology.
This collaboration aims to revolutionize power management in industrial automation applications. By integrating STMicroelectronics’ cutting-edge PMIC solutions into ABB’s automation systems, both companies seek to enhance energy efficiency, reduce downtime, and improve overall productivity in industrial settings.
The partnership’s focus on Industry 4.0 principles aligns with the growing need for smart and interconnected factories, driving Europe’s competitiveness in advanced manufacturing.
Infineon Technologies, a German semiconductor company, recently formed a strategic alliance with Siemens Energy, a spin-off from Siemens AG focusing on energy solutions.
Together, they aim to address the challenges posed by renewable energy integration into the power grid. The partnership aims to develop PMIC solutions that enable more efficient conversion, distribution, and management of renewable energy sources.
By combining Infineon’s expertise in power semiconductors and Siemens Energy’s in-depth knowledge of the energy sector, they strive to accelerate the global transition towards greener and more sustainable energy systems.
THIS REPORT WILL ANSWER FOLLOWING QUESTIONS
- How many Power Management IC (PMIC)s are manufactured per annum in Europe? Who are the sub-component suppliers in different regions?
- Cost breakup of a Power Management IC (PMIC) and key vendor selection criteria
- Where is the Power Management IC (PMIC) Manufactured? What is the average margin per unit ?
- Market share of Power Management IC (PMIC) manufacturers and their upcoming products
- Cost advantage for OEMs who manufacture Power Management IC (PMIC) in-house
- key predictions for next 5 years in Power Management IC (PMIC)
- Average B-2-Bl Power Management IC (PMIC) price in all segments
- Latest trends in Power Management IC (PMIC) ,by every market segment
- The market size (both volume and value) of the Power Management IC (PMIC) market in 2023-2030 and every year in between?
- Production Power Management IC (PMIC) ,by suppliers and their OEM relationship