Power IC, an industry driven by positive market trends and game-changing technologies

Power IC industrial players boost capacity, growing the market to more than US$25 billion by 2026.

“The total power IC market is expected to be worth more than US$25 billion by 2026, with a CAGR of 3.0% during the forecast period.” asserts Abdoulaye Ly, Technology & Market Analyst, specializing in Power Electronics Systems at Yole Développement (Yole). He adds: “This is because power IC devices are used in almost all electric and electronic systems, with different requirements for each application.”

In this context, Yole and its partner, System Plus Consulting, investigated the disruptive power electronics technologies and related markets in depth. The two companies highlight the latest innovations and underline the business opportunities in dedicated reports.
Released today, the Status of Power IC: Technology, Industry and Trends 2021 report from Yole provides an overview of the entire power IC market and analyzes the main drivers for the power IC market by application.
In parallel, the BCD Technology and Cost Comparison 2021 report from System Plus Consulting is an in-depth comparative study of 40 BCD technologies from the leading 17 manufacturers, including Infineon Technologies, STMicroelectronics, NXP, Renesas, and many more…

What is the status of the power IC industry today? What are the technological challenges and market trends? What are the key drivers? How are the business models and supply chains evolving? The Yole and System Plus Consulting team offer you today a snapshot of this industry.

Amongst the numerous power IC applications, the mobile and consumer market is the largest segment at about US$11 billion in 2020. This segment is mainly driven by high-volume demand from smartphones, although the growth of this market will flatten in the forecast period. Multi-channel PMICs dominate the mobile and consumer product markets, as various rail voltages are needed to power several loads. Players such as Apple, Qualcomm, Intel, and Samsung S.LSI are leading in this market.

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Source: http://www.yole.fr/, https://www.systemplus.fr/

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