Power Integrated Circuit Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The power integrated circuit market is segmented by type (DC-DC switching regulators, power management ICs, battery management ICs, gate driver ICs, and linear regulators), end-user application (automotive (body and convenience), automotive (chassis & safety), automotive (EV/HEV powertrain), automotive (ICE Powertrain), consumer (appliances), consumer (television), industrial (automation), industrial (building automation), industrial (energy & power), industrial (medical), communication (enterprise ethernet switches and routers), communication (other wired), communication (wireless), computing & data storage), and geography (Americas, Europe, Middle East & Africa, and Asia-Pacific). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Power Integrated Circuit Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Power Integrated Circuit Industry Overview

The power integrated circuit market is relatively competitive and consists of several major players. However, significant players presently dominate the demand in terms of market share. Major players in the market include Analog Devices Inc., Renesas Electronics Corporation, Texas Instruments Inc., ON Semiconductor Corporation, Infineon Technologies AG, etc. The vendors focus on introducing innovative products, partnerships, and acquisitions to extend their market presence further.

In June 2022, ROHM introduced new automotive LDO regulator ICs with proper operation at nanoscale output capacitance. Nanocap technology solves capacitor problems, opening new prospects for greater stability. The BD9xxN1 series (BD950N1G-C, BD933N1G-C, BD900N1G-C, BD950N1WG-C, BD933N1WG-C, BD900N1WG-C) was optimized for primary (direct connection to 12V) energy supplies in a wide range of applications, including powertrain, body, ADAS, and car infotainment.

In February 2022, Mitsubishi Electric Corporation announced the upcoming release of a half-bridge driver high-voltage (600V) integrated circuit (HVIC) with a built-in bootstrap diode (BSD) function, which could aid in the reduction of the number of parts required in inverter systems. The new HVIC, intended for circuits that drive power semiconductors in low-capacity inverter systems, was expected to also aid in reducing power consumption in white goods, electric bikes, and other electrical products.

Power Integrated Circuit Market Leaders

  1. NXP Semiconductors N.V.

  2. STMicroelectronics NV

  3. Analog Devices Inc.

  4. Maxim Integrated Products

  5. Texas Instruments Inc.

  6. *Disclaimer: Major Players sorted in no particular order
Power Integrated Circuit Market Concentration