Global Smartphone Power Management IC Market Report 2018-2022 - ResearchAndMarkets.com

The "Global Smartphone Power Management IC Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The smartphone power management IC market will register a CAGR of over 3% by 2022.

Advanced PMICs are being used in 5G phones to get optimal battery performance. Several governments are taking up initiatives to actuate 5G networks in their countries. This emergence of 5G networks along with improvement in telecommunication standards will boost the demand for PMICs during the forecast period.

Market Overview

Increase in adoption of PMICs in premium range smartphones

Premium range smartphones with unique features such as eight core chips in processors, HD displays, and 20-megapixel cameras consume more power and puts strain on the battery life. These smartphones are expected to be integrated with more innovative features such as AI, dual lens cameras, and HMI technologies.

This will further increase the power consumption of the premium range smartphones. More than one PMICs are being integrated in the premium range smartphones such as Apple iPhone X and Samsung Galaxy S9 to improve their battery life. Thus, the growing demand for premium range smartphones with advanced features will drive the demand for smartphone PMICs and hence boost market growth.

Growing complexity of PMIC design

End-users are increasingly demanding electronics products with more functionalities. This have resulted in increased complexity in the design of PMICs. The need for better and highly efficient PMICs have increased due to constant upgrades to different technologies. To prevent MCUs from entering an unstable state, PMICs must be designed to support high voltages. These factors have increased the complexity of PMIC design which is negatively impacting the growth of the smartphone power management IC market.

Competitive Landscape

The market appears to be fairly concentrated and with the presence of companies such as Maxim Integrated, and NXP Semiconductors. Factors such as the growing adoption of PMICs in premium range smartphones, will provide considerable growth opportunities to smartphone power management IC companies.

Key Topics Covered:

01: Executive Summary

02: Scope Of The Report

03: Research Methodology

04: Market Landscape

05: Market Sizing

06: Five Forces Analysis

07: Market Segmentation By Price Range

08: Customer Landscape

09: Regional Landscape

10: Decision Framework

11: Drivers And Challenges

12: Market Trends

13: Vendor Landscape

14: Vendor Analysis

• Maxim Integrated
• NXP Semiconductors
• QUALCOMM
• STMicroelectronics
• Texas Instruments

For more information about this report visit https://www.researchandmarkets.com/research/3q2kmt/global_smartphone?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20181211005636/en/

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Related Topics: Semiconductor, Smartphones and Mobile Devices, Tablet and Mobile Device Hardware