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BCD Power IC Market - Global Forecasts, Industry Analysis, and Growth by TechnavioThe global BCD power IC market is expected to grow at a CAGR of around 7% during the forecast period, according to Technavio's latest report. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170719005614/en/ 
Technavio has published a new report on the global BCD power IC market from 2017-2021. (Photo: Business Wire) In this report, Technavio covers the market outlook and growth prospects of the global BCD power IC market for 2017-2021. The market is segmented on end-user, which includes ICT, consumer electronics, automotive, and manufacturing. The rapid adoption of smartphones and tablets is fueling the demand for power management ICs on a global scale. These devices have functionalities that require enormous power. At the same time, shifts in consumer demographics and economic development are affecting the energy consumption. More content is being presented every day to consumers, and most of it is beyond any company's control. Technavio's hardware and semiconductor research analysts categorize the global BCD power IC market into the following segments by regions:
Looking for more information on this market? Request a free sample report Technavio's sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more. APAC: larget BCD power IC market "APAC is expected to dominate the BCD power IC market in the next five years. The high revenue contribution from APAC is mainly due to the heavy concentration of original equipment manufacturers and original design manufacturers such as Foxconn, Samsung (News - Alert) Electronics, and Sony in the region," says Sunil Kumar Singh, a lead analyst at Technavio for research on semiconductor equipment. The growing demand for BCD power ICs in consumer electronics and automotive applications is expected to fuel the demand for BCD power ICs in APAC. The high quantity of raw materials, business-friendly government policies, and low establishment costs and labor costs have helped companies to launch their production centers in APAC. Technological advances in power semiconductor technology are also fueling the growth of the BCD power IC market in the region. This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free. BCD power IC market in EMEA "EMEA is expected to witness an increase in its market share because of the high adoption of consumer electronic devices such as tablets, smartphones, and PCs in the region. Because of the high per capita income in the region, people have the desire and potential to purchase high-end devices within a short time span, thereby, improving the potential of the market," adds Sunil. The BCD power IC market in EMEA is expected to witness significant growth during the forecast period, with countries like France, Russia, the UK, the UAE, and Germany, driving the market. Moreover, Europe is the hub of the automotive industry, and the demand for power ICs is increasing significantly in the automotive industry. EMEA is a major market for the aerospace and defense industry, which is one of the major end-uses of BCD power ICs. BCD power IC market in the Americas The market share of the Americas is expected to rise gradually because of the increasing industrialization in the region. This is expected to have a positive impact on the growth of the BCD power IC market in the region. The Americas, especially the US and Canada, are a mature market for technology products. Their consumers are early adopters of any emerging technology. An upcoming and growing implementation of IoT in the Americas is in the form of smart cities. A smart city may be described as an urban development vision, safely integrating ICT and IoT technology to manage a city's assets. These assets may include local departments' information systems, schools, libraries, transportation systems, hospitals, power plants, water supply networks, waste management, and law enforcement. The top vendors in the global BCD power IC market highlighted in the report are: Browse Related Reports:
About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. If you are interested in more information, please contact our media team at [email protected]. View source version on businesswire.com: http://www.businesswire.com/news/home/20170719005614/en/ |
