Power management IC market to 2020 - battery powered portable gadgets to drive sales growth

DUBLIN, IRELAND: Research and Markets has announced the addition of the "Power Management Integrated Circuits (IC) Market to 2020 - Battery Powered Portable Gadgets to Drive Sales Growth" report to its offering.

Power Management Integrated Circuits (IC) Market to 2020 - Battery Powered Portable Gadgets to Drive Sales Growth 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.

Rapid adoption of smart phones is expected to boost the demand of Power Management ICs. 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 percent. 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. This report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by a team of industry experts.

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 $1,782 million in 2004 to $2,751 million by 2016.

The rapid adoption of smart phones is expected to boost the demand of Power Management ICs. The usage of smart phones is set to increase dramatically with the sales volume forecasted to rise from 174 million in 2009 to 500 million in 2014 at a CAGR of 16.28 percent. 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.