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Global BCD Power IC Market to Grow at a CAGR of 6.99%, 2017-2021 with Texas Instruments, Maxim Integrated, STMicroelectronics & TSMC Leading the MarketDUBLIN, July 20, 2017 /PRNewswire/ -- The "Global BCD Power IC Market 2017-2021" report has been added to Research and Markets' offering. The global BCD Power IC market to grow at a CAGR of 6.99% during the period 2017-2021. The report, Global BCD Power IC Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market. The latest trend gaining momentum in the market is Miniaturization. One of the major trends witnessed in the global consumer electronics market is the emergence of miniaturized semiconductors. Vendors, such as Apple and Samsung, are focusing on manufacturing miniaturized personal electronics that consume less power and deliver efficient performance. Technological advances have led to the miniaturization of electronic devices, leading to the development of flexible and compact electronic devices. In such a scenario, BCD power ICs play a crucial role. Hence, the market for BCD power ICs is estimated t flourish during the forecast period. According to the report, one of the major drivers for this market is Growth in smart home and smart grid technology. With improvements in technology, electronic systems are being upgraded. Home appliances and other essential electronic systems, especially in-house security infrastructure, such as automated door locks, are designed to communicate and interact with consumers via the Internet. Almost all essential electronic systems require power to support operations. The smart grid is essentially a framework, wherein, a class of technology uses automation to integrate user's actions and deliver secure and sustainable electricity to the user in the most efficient way by connecting to the power infrastructure of the user and reduce wastage. Key vendors
Other prominent vendors
Key Topics Covered: Media Contact: Research and Markets SOURCE Research and Markets |