August 30, 2010
Bharatbook added a new report on “Power Management Integrated Circuits (IC) Market to 2020 – Battery Powered Portable Gadgets to Drive Sales Growth” into its market report catalogue for reselling.
Power Management Integrated Circuits (IC) Market to 2020 – Battery Powered Portable Gadgets to Drive Sales Growth
The report provides the key market statistics and analysis on the Power Management IC industry. The report covers the key market drivers, restraints and growth forecasts for the major segments in the Power Management Industry. ( http://www.bharatbook.com/detail.asp?id=149191&rt=Power-Management-Integrated-Circuits-ICMarket-to-2020-Battery-Powered-Portable-Gadgets-to-Drive-Sales-Growth.html )
The usage of smart phones is set to increase dramatically with the sales volume forecasted to go from 174 million in 2009 to 500 million in 2014 at a CAGR of 16.28%. The deployment of next generation mobile networks such as 3G in India and 4G in South Korea is anticipated to aid the sales growth of smart phones. OEMs and ODMs of smart phones are increasingly using modern Power Management ICs because of their superior capabilities, higher efficiency, and smaller form factor.
Glut in Battery-Powered Portable Consumer Devices is Expected to Cause Sales Growth of Power Management ICs.
The growing use of battery-powered consumer devices is expected to be a key growth driver of Power Management ICs during the forecast period 2010-2020. Power Management ICs find their usage in consumer devices such as smart phones, digital cameras, mp3s, iPods, LCD TVs, washing machines, and refrigerators. Power Management ICs are typically used for power supply and battery management applications in electronic devices. The Power Management IC revenue share from consumer appliances is expected to rise from $1,782m in 2004 to $2,751m by 2016.
Energy Efficiency Concerns Drive the Overall Demand for Power Management ICs
Consumer electronics companies are raising the bar in terms of reducing the energy consumption of their products and this trend is expected to increase the demand for Power Management ICs. Consumer device vendors are going for energy efficiency certifications such as Energy Star and TCO. The requirements for such energy efficiency certifications are getting increasingly stringent which is further accentuating the need for Power Management ICs in electronic devices. The sales revenues of Power Management ICs are expected to grow at a CAGR of 6.27% between 2009 and 2016.
For more information kindly visit : http://www.bharatbook.com/detail.asp?id=149191&rt=Power-Management-Integrated-Circuits-ICMarket-to-2020-Battery-Powered-Portable-Gadgets-to-Drive-Sales-Growth.html
China ic manufacturing industry
Global Consumer Electronics Market Development, 2009 and Beyond
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