The latest publication of Global Smartphone Power Management ICs Market Research Report 2018 from QYResearch showed that, The global Smartphone Power Management ICs market is valued at 3254.6Million US$ in 2017 and is expected to reach 5374.5 Million US$ by the end of 2025, growing at a CAGR of 6.47%between 2017 and 2025.
Power management ICs have certainly become very important for the semiconductor industry and smart phone industry at large. There are two trends in the future: One is for lower cost, simple PMICs, many of which are being integrated into their host IC’s package, thus becoming a system-on- chip (SoC) (e.g., entry-level, single-chip cellphone ICs with an integrated PMIC). The other trend is to have more complex PMICs (for higher end stand-alone applications) become part of the chipset of the application.
Power management IC are high-precision products, this industry need a long product development cycle, design requirements, capital investment, complex technology process, with a higher threshold. Therefore, it formed a high degree concentration, monopolized by large semiconductor manufacturers.
The major players in global Smartphone Power Management ICs market include
Qualcomm, Dialog and TI captured the top three revenue share spots in the smartphone power management IC market in 2017.