Global Digital Power Management ICs Market to Reach $1.0 Billion by 2017, According to a New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global report on the Digital Power Management ICs markets. Driven by the increasing utilization of digital power solutions in various power system designs, and the rising emphasis on energy efficient products, the global market for digital power management ICs is projected to reach $1.0 billion by the year 2017.

Digital Power Management ICs: A Global Strategic Business Report

Power management is assuming significance in the electronics industry, across both battery powered and wall powered devices, owing to its ability to increase efficiency and quality of power. With various industries focusing efforts on improving energy efficiency of power electronics, the demand for data storage and processing power is rising. The growing demand for power management devices is also attributed to the rising sophistication of portable electronic devices, particularly cell phones and notebook computers, which in turn necessitates the use of advanced components for the supply and control of power.

The global economic recession significantly affected the operations of the semiconductor industry, owing to the collapse of the financial market, decline in industrial output, and lower consumer confidence, which in turn affected the demand for electronic devices and components, globally. The digital power management ICs market also registered a decline in revenues, as the market was affected by lower sales in major application areas, particularly automotive and portable consumer devices. However, the market is on the road to strong recovery. The increasing need for high efficiency in power applications is driving the demand for superior-quality ICs that command higher average selling price. Growing emphasis on energy efficiency and the need for developing eco-friendly products is a major driving force for the power management ICs market. Despite being a relatively undeveloped market, the digital power management ICs market is forecast to witness rapid growth, driven by the rising implementation of digital power solutions across various power system designs. Demand is also anticipated owing to growing use in applications that employ numerous voltage rails and high currents, including servers and routing equipment. With more and more suppliers foraying into the market, the prices of digital power ICs are expected to decline to a level comparable with that of analog ICs, fuelling their uptake.

Asia-Pacific and Europe dominates the global digital power management ICs market, as stated by the new market research report on Digital Power Management ICs. Emerging markets from the Asia-Pacific region are likely to boost the demand for power management ICs. The large population base, rising levels of disposable income, and favorable government initiatives have established Asia as the world’s largest supplier as well as consumer of electronic products. Majority of the world’s leading OEMs and ODMs operating in the electronics industry have established manufacturing facilities in the region to capitalize on the encouraging government initiatives and to reduce operational costs by employing the region’s low-cost and abundantly available workforce. China has emerged as a major contributor to the consumption and supply of power management ICs, led by low production costs, rising levels of literacy, presence of efficient infrastructure facilities, and favorable government policies. The use of data power management ICs in Data Communications, Computer Networks & Telecommunications applications across Asia-Pacific region is expected to grow significantly by 2015.

The global digital power management ICs market involves the presence of large and mid-size companies that delegate a small proportion of power management products to digital power, unlike smaller entities that are niche providers of such solution. Factors affecting the competitiveness of the digital power management products include competitiveness in terms of price, and product’s ability to be easily implemented into customers design. Major players profiled in the report include Analog Devices Inc., Ericsson Power Modules AB, Exar Corporation, Fairchild Semiconductor Inc., Freescale Semiconductor Inc., Infineon Technologies AG, Intersil Corporation, Linear Technology Corporation, Maxim Integrated Products Inc., Micrel Inc., Microchip Technology Inc., National Semiconductor Corporation, Power-One Inc., Silicon Laboratories Inc., Summit Microelectronics Inc., and Texas Instruments Incorporated.

The research report titled “Digital Power Management ICs: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a strategic review of the industry, key market trends, recent product launches, strategic corporate initiatives, and profiles of key market participants. The report provides annual sales estimates and projections for the years 2008 through 2017 for the following geographic markets – North America, Europe, Asia-Pacific, and Rest of World. The Digital Power Management ICs market is analyzed in terms of application types - Electronics; Data Communications, Computer Networks & Telecommunications; and Others.

For more details about this comprehensive market research report, please visit – http://www.strategyr.com/Digital_Power_Management_ICs_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world’s largest market research publishers. The company employs over 800 people worldwide and publishes more than 1200 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
E-mail: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

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