세계의 전원 관리 집적 회로(PMIC) 시장 - 제품 유형별, 최종 사용자별, 지역별 : 규모, 산업 동향, 기회 분석, 예측(2026-2035년)

The global power management integrated circuit (PMIC) market is undergoing significant expansion, reflecting its increasing importance across a wide range of industries. Valued at approximately US$ 29.25 billion in 2025, the market is projected to nearly double in size over the next decade, reaching an estimated valuation of US$ 69.54 billion by 2035. This growth corresponds to a compound annual growth rate (CAGR) of 10.1% during the forecast period from 2026 to 2035, underscoring the sustained demand for advanced power management solutions worldwide.

Several key factors are driving this robust market growth. One of the primary catalysts is the escalating need for improved battery management systems, especially as portable and electric devices become more prevalent. Efficient battery management is critical not only for extending battery life but also for ensuring safety and optimizing energy consumption in devices ranging from smartphones to electric vehicles. Alongside this, the adoption of advanced semiconductor materials such as Gallium Nitride (GaN) and Silicon Carbide (SiC) is playing a pivotal role in boosting market expansion. These materials offer superior performance characteristics, including higher efficiency and thermal stability, which enable the creation of more powerful and reliable PMICs.

Noteworthy Market Developments

The competitive landscape of the power management integrated circuit (PMIC) market is currently shaped by what can be described as a "manufacturing arms race," where companies are aggressively investing in advanced fabrication capabilities to gain a cost and performance edge. Texas Instruments (TI) has positioned itself strongly in this race with the ramp-up of production at its new fabrication plants located in Sherman, Texas (SM1), and Lehi, Utah (LFAB).

Amid this intense competition, other industry players are also advancing their product portfolios and technologies to capture niche markets and address specific application needs. In December 2025, Toshiba Electronic Devices & Storage Corporation expanded its range of electronic fuse (eFuse) integrated circuits with the introduction of the 40V TCKE6 series. This new lineup includes five products engineered to enhance power line circuit protection, a critical feature for improving the safety and reliability of electronic devices in various applications.

Meanwhile, in March 2025, Seiko Epson Corporation (TSE: 6724, "Epson") announced the development of a new power management IC, the S1A00210B, specifically designed for compact electronic devices such as hearing aids. This product reflects Epson's strategic focus on miniaturization and energy efficiency, catering to the growing demand for smaller, longer-lasting wearable electronics. The availability of samples starting in April 2025 signals Epson's commitment to quick market entry and collaboration with device manufacturers, positioning the company to capitalize on expanding opportunities in specialized, low-power device segments.

Core Growth Drivers

The power management integrated circuit (PMIC) market is currently experiencing a strong surge in demand, particularly for multiphase voltage regulators engineered to manage extreme transient loads. This heightened demand is primarily fueled by the rapid growth of generative AI hardware, which has dramatically increased the power requirements within data centers and server racks. As AI models become more complex and computationally intensive, the processors and GPUs that support them consume significantly more energy, placing unprecedented stress on power delivery systems. In these high-performance computing environments, Voltage Regulator Modules (VRMs) have become a critical bottleneck because they are responsible for delivering stable, efficient power to components that operate at ever-increasing speeds and power densities.

Emerging Opportunity Trends

The increasing adoption of electric vehicles (EVs) is poised to generate substantial opportunities for companies operating within the power management integrated circuit (PMIC) market. As consumer interest in EVs continues to rise globally, this trend is becoming one of the primary drivers of growth in the PMIC sector. Governments around the world are actively encouraging the shift toward electric mobility by offering subsidies to consumers and investing heavily in the development of EV charging infrastructure. These policy measures not only make EV ownership more accessible but also create a supportive ecosystem that fosters the expansion of electric transportation.

Barriers to Optimization

The growth of the power management integrated circuit (PMIC) market faces significant challenges due to the high development costs associated with advanced PMIC technologies. Manufacturers are required to invest substantial financial resources into research and development, as well as the prototyping phases necessary to perfect specialized devices. This is particularly true for applications in electric vehicles and renewable energy systems, where the demand for cutting-edge performance and reliability pushes the complexity of PMIC design to new heights. The integration of advanced features such as Gallium Nitride (GaN) and Silicon Carbide (SiC) further escalates costs, as these materials and manufacturing processes are inherently more difficult and expensive compared to traditional silicon-based technologies.

Detailed Market Segmentation

By Product Type, the linear power supply chips hold a dominant position due to their unique ability to deliver ultra-low noise output, which is essential for the proper functioning of sensitive analog technologies. These components are critical in applications where signal integrity and clarity cannot be compromised, making them indispensable for a variety of high-precision electronic systems. Linear regulators maintain a significant market share of 22.9%, reflecting their ongoing importance despite the broader industry's push toward more energy-efficient switching regulators.

By End Users, Consumer electronics represent the foremost driver of chip consumption within the broader semiconductor market, largely due to the vast scale of personal device manufacturing worldwide. This end-user segment commands a substantial 30.9% share of chip usage, underscoring its critical importance to the industry. The primary force behind this dominance is the global smartphone market, which continues to expand rapidly as these devices become increasingly essential to daily life and work. In 2024 alone, worldwide smartphone shipments surpassed 1.2 billion units, reflecting both sustained consumer demand and ongoing technological advancements.

Segment Breakdown

• By Product Type
• Linear Power Supply Chips
• Voltage Reference Chips
• Switching Power Supply Chips
• Buck Converter Chips
• Boost Converter Chip
• Buck-Boost Converter Chip
• Negative Voltage Converter Chips
• LCD & LED Driver Chips
• Voltage Detection Chips
• Battery Charging Management Chips
• Gate Drivers
• Others (Load Switches, Wide Bandgap Switches, etc.)

By End User

• Automotive
• Consumer Electronics
• Industrial Equipment
• Telecom & Networking
• Medical Devices
• Communication Infrastructure
• Others (Smart Home, Aerospace, Defense, etc.)

By Region

• North America
• The U.S.
• Canada
• Mexico
• Europe
• Western Europe
• The UK
• Germany
• France
• Italy
• Spain
• Rest of Western Europe
• Eastern Europe
• Poland
• Russia
• Rest of Eastern Europe
• Asia Pacific
• China
• India
• Japan
• Australia & New Zealand
• South Korea
• ASEAN
• Rest of Asia Pacific
• Middle East & Africa (MEA)
• UAE
• Saudi Arabia
• South Africa
• Rest of MEA
• South America
• Argentina
• Brazil
• Rest of South America

Geography Breakdown

• Asia Pacific stands as much more than just a manufacturing base in the power management integrated circuit (PMIC) market; it is the undeniable powerhouse driving the global power sector, commanding a commanding 62.80% share of market revenue in 2025. This commanding position is deeply rooted in China's ambitious electrification policies, which are accelerating the production and adoption of new energy vehicles at an unprecedented pace. In fact, Chinese manufacturers alone are expected to produce over 14.5 million new energy vehicles this year, a figure that not only fuels domestic demand but also stimulates the entire regional supply chain for power management components.
• The region's dominance is further reinforced by Taiwan's robust foundry ecosystem, which plays a critical role in the global PMIC market by managing approximately 65% of the worldwide wafer starts for Bipolar-CMOS-DMOS (BCD) technology, essential for manufacturing high-voltage PMICs. Taiwan's strategic position as a leading semiconductor foundry hub ensures a steady and reliable supply of advanced components needed to support the growing demand for power management solutions. Meanwhile, South Korea adds another vital dimension to the region's strength, particularly through its leadership in memory technology.

Leading Market Participants

• Texas Instruments Inc.
• ROHM Co., Ltd.
• Analog Devices Inc.
• NXP Semiconductors
• Microchip Technology Inc.
• Renesas Electronics Corporation
• Infineon Technologies
• ON Semiconductor Corp.
• STMicroelectronics N.V.
• Mitsubishi Group
• Qualcomm
• Other Prominent Players

Table of Content

Chapter 1. Research Framework

• 1.1 Research Objective
• 1.2 Product Overview
• 1.3 Market Segmentation

Chapter 2. Research Methodology

• 2.1 Qualitative Research
  • 2.1.1 Primary & Secondary Sources
• 2.2 Quantitative Research
  • 2.2.1 Primary & Secondary Sources
• 2.3 Breakdown of Primary Research Respondents, By Region
• 2.4 Assumption for the Study
• 2.5 Market Size Estimation
• 2.6. Data Triangulation

Chapter 3. Executive Summary: Global Power Management Integrated Circuit (PMIC) Market

Chapter 4. Global Power Management Integrated Circuit (PMIC) Market Overview

• 4.1. Industry Value Chain Analysis
  • 4.1.1. Component Provider
  • 4.1.2. Manufacturer
  • 4.1.3. Distributors
  • 4.1.4. End User
• 4.2. Industry Outlook
  • 4.2.1. Overview on Electronics and Semiconductor Industry Globally
  • 4.2.2. Use Cases of PMIC, By Industry
• 4.3. PESTLE Analysis
• 4.4. Porter's Five Forces Analysis
  • 4.4.1. Bargaining Power of Suppliers
  • 4.4.2. Bargaining Power of Buyers
  • 4.4.3. Threat of Substitutes
  • 4.4.4. Threat of New Entrants
  • 4.4.5. Degree of Competition
• 4.5. Market Dynamics and Trends
  • 4.5.1. Growth Drivers
  • 4.5.2. Restraints
  • 4.5.3. Challenges
  • 4.5.4. Key Trends
• 4.6. Market Growth and Outlook
  • 4.6.1. Market Revenue Estimates and Forecast (US$ Bn), 2020 - 2035
  • 4.6.2. Market Volume Estimates and Forecast (Bn Units), 2020 - 2035
  • 4.6.3. Price Trend Analysis
• 4.7. Competition Dashboard
  • 4.7.1. Market Concentration Rate
  • 4.7.2. Company Market Share Analysis (Value %), 2024
  • 4.7.3. Competitor Mapping & Benchmarking
• 4.8. Actionable Insights (Analyst Recommendation's)

Chapter 5. Global Power Management Integrated Circuit (PMIC) Market Analysis, By Product

• 5.1. Key Insights
• 5.2. Market Size and Forecast, 2020 - 2035 (US$ Bn and Bn Units)
  • 5.2.1. Linear Power Supply Chips
  • 5.2.2. Voltage Reference Chips
  • 5.2.3. Switching Power Supply Chips
    • 5.2.3.1. Buck Converter Chips
    • 5.2.3.2. Boost Converter Chip
    • 5.2.3.3. Buck-Boost Converter Chip
    • 5.2.3.4. Negative Voltage Converter Chips
  • 5.2.4. LCD & LED Driver Chips
  • 5.2.5. Voltage Detection Chips
  • 5.2.6. Battery Charging Management Chips
  • 5.2.7. Gate Drivers
  • 5.2.8. Others (Load Switches, Wide Bandgap Switches, etc.)

Chapter 6. Global Power Management Integrated Circuit (PMIC) Market Analysis, By End User

• 6.1. Key Insights
• 6.2. Market Size and Forecast, 2020 - 2035 (US$ Bn and Bn Units)
  • 6.2.1. Automotive
  • 6.2.2. Consumer Electronics
  • 6.2.3. Industrial Equipment
  • 6.2.4. Telecom & Networking
  • 6.2.5. Medical Devices
  • 6.2.6. Communication Infrastructure
  • 6.2.7. Others (Smart Home, Aerospace, Defense, etc.)

Chapter 7. Global Power Management Integrated Circuit (PMIC) Market Analysis, By Region

• 7.1. Key Insights
• 7.2. Market Size and Forecast, 2020 - 2035 (US$ Bn and Bn Units)
  • 7.2.1. North America
    • 7.2.1.1. The U.S.
    • 7.2.1.2. Canada
    • 7.2.1.3. Mexico
  • 7.2.2. Europe
    • 7.2.2.1. Western Europe
      • 7.2.2.1.1. The UK
      • 7.2.2.1.2. Germany
      • 7.2.2.1.3. France
      • 7.2.2.1.4. Italy
      • 7.2.2.1.5. Spain
      • 7.2.2.1.6. Rest of Western Europe
    • 7.2.2.2. Eastern Europe
      • 7.2.2.2.1. Poland
      • 7.2.2.2.2. Russia
      • 7.2.2.2.3. Rest of Eastern Europe
  • 7.2.3. Asia Pacific
    • 7.2.3.1. China
    • 7.2.3.2. India
    • 7.2.3.3. Japan
    • 7.2.3.4. South Korea
    • 7.2.3.5. Australia & New Zealand
    • 7.2.3.6. ASEAN
    • 7.2.3.7. Rest of Asia Pacific
  • 7.2.4. Middle East & Africa
    • 7.2.4.1. UAE
    • 7.2.4.2. Saudi Arabia
    • 7.2.4.3. South Africa
    • 7.2.4.4. Rest of MEA
  • 7.2.5. South America
    • 7.2.5.1. Argentina
    • 7.2.5.2. Brazil
    • 7.2.5.3. Rest of South America

Chapter 8. North America Power Management Integrated Circuit (PMIC) Market Analysis

• 8.1. Key Insights
• 8.2. Market Size and Forecast, 2020 - 2035 (US$ Bn and Bn Units)
  • 8.2.1. By Product
  • 8.2.2. By End User
  • 8.2.3. By Country

Chapter 9. Europe Power Management Integrated Circuit (PMIC) Market Analysis

• 9.1. Key Insights
• 9.2. Market Size and Forecast, 2020 - 2035 (US$ Bn and Bn Units)
  • 9.2.1. By Product
  • 9.2.2. By End User
  • 9.2.3. By Country

Chapter 10. Asia Pacific Power Management Integrated Circuit (PMIC) Market Analysis

• 10.1. Key Insights
• 10.2. Market Size and Forecast, 2020 - 2035 (US$ Bn and Bn Units)
  • 10.2.1. By Product
  • 10.2.2. By End User
  • 10.2.3. By Country

Chapter 11. Middle East & Africa Power Management Integrated Circuit (PMIC) Market Analysis

• 11.1. Key Insights
• 11.2. Market Size and Forecast, 2020 - 2035 (US$ Bn and Bn Units)
  • 11.2.1. By Product
  • 11.2.2. By End User
  • 11.2.3. By Country

Chapter 12. South America Power Management Integrated Circuit (PMIC) Market Analysis

• 12.1. Key Insights
• 12.2. Market Size and Forecast, 2020 - 2035 (US$ Bn and Bn Units)
  • 12.2.1. By Product
  • 12.2.2. By End User
  • 12.2.3. By Country

Chapter 12. South America Power Management Integrated Circuit (PMIC) Market Analysis

• 12.1. Key Insights
• 12.2. Market Size and Forecast, 2020 - 2035 (US$ Bn and Bn Units)
  • 12.2.1. By Product
  • 12.2.2. By End User
  • 12.2.3. By Country

Chapter 14. Annexure

• 14.1. List of Secondary Sources
• 14.2. Key Country Markets- Macro Economic Outlook/Indicators