TMCnet News
The Smartphone Power Management Ic Market will register a CAGR of over 3% by 2022NEW YORK, Dec. 11, 2018 /PRNewswire/ -- About this market End-users are increasingly demanding electronics products with more functionalities. This have resulted in increased complexity in the design of PMICs. The need for better and highly efficient PMICs have increased due to constant upgrades to different technologies. To prevent MCUs from entering an unstable state, PMICs must be designed to support high voltages. These factors have increased the complexity of PMIC design which is negatively impacting the growth of the smartphone power management IC market. For the detailed list of factors that will drive and challenge the growth of the smartphone power management IC market during 2018-2022, view our report. Competitive Landscape The market appears to be fairly concentrated and with the presence of companies such as Maxim Integrated, and NXP Semiconductors the competitive environment is intense. Factors such as the growing adoption of PMICs in premium range smartphones, will provide considerable growth opportunities to smartphone power management IC companies. Maxim Integrated, NXP Semiconductors, QUALCOMM, STMicroelectronics, and Texas Instruments are some of the major companies covered in this report. Read the full report: https://www.reportlinker.com/p05647276 About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 View original content:http://www.prnewswire.com/news-releases/the-smartphone-power-management-ic-market-will-register-a-cagr-of-over-3-by-2022-300763267.html SOURCE Reportlinker |