According to this study, the global PICs (Power Integrated Circuits) market size will reach US$ 31170 million by 2031.

Power Integrated ICs combine high-voltage and/or high-current components monolithically with low-voltage/low-current control components. Broadly, three classes of technologies, based on the techniques for isolating the high- and low-voltage components, have been developed for Power Integrated ICs: junction-isolated, self-isolated and dielectrically isolated. Each of these technologies has found its way into applications that result in optimal performance per unit cost. Simultaneously with the development of technologies, several advancements have been made in high-voltage/power devices suitable for integration. These included the reduced surface field lateral double diffused MOS transistor (RESURF LDMOS), the isolated vertical DMOS (VDMOS), the lateral insulated gate bipolar transistor (LIGBT), the high-voltage RESURF bipolar transistors, the Schottky injection FET (SINFET), and the trench sidewall channel DMOS (TDMOS).

The global market for semiconductor was estimated at US$ 579 billion in the year 2022, is projected to US$ 790 billion by 2029, growing at a CAGR of 6% during the forecast period. Although some major categories are still double-digit year-over-year growth in 2022, led by Analog with 20.76%, Sensor with 16.31%, and Logic with 14.46% growth, Memory declined with 12.64% year over year. The microprocessor (MPU) and microcontroller (MCU) segments will experience stagnant growth due to weak shipments and investment in notebooks, computers, and standard desktops. In the current market scenario, the growing popularity of IoT-based electronics is stimulating the need for powerful processors and controllers. Hybrid MPUs and MCUs provide real-time embedded processing and control for the topmost IoT-based applications, resulting in significant market growth. The Analog IC segment is expected to grow gradually, while demand from the networking and communications industries is limited. Few of the emerging trends in the growing demand for Analog integrated circuits include signal conversion, automotive-specific Analog applications, and power management. They drive the growing demand for discrete power devices.

LPI (LP Information) newest research report, the PICs (Power Integrated Circuits) Industry Forecast looks at past sales and reviews total world PICs (Power Integrated Circuits) sales in 2024, providing a comprehensive analysis by region and market sector of projected PICs (Power Integrated Circuits) sales for 2025 through 2031. With PICs (Power Integrated Circuits) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world PICs (Power Integrated Circuits) industry.

This Insight Report provides a comprehensive analysis of the global PICs (Power Integrated Circuits) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on PICs (Power Integrated Circuits) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms unique position in an accelerating global PICs (Power Integrated Circuits) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for PICs (Power Integrated Circuits) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global PICs (Power Integrated Circuits).

This report presents a comprehensive overview, market shares, and growth opportunities of PICs (Power Integrated Circuits) market by product type, application, key players and key regions and countries.

Segmentation by Type:

    Power Management IC (PMIC)
    Driver IC

Segmentation by Application:

    Smart Phone
    Automotive
    High Performance Computing
    Industrial
    IoT
    Others

This report also splits the market by region:

    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the companys coverage, product portfolio, its market penetration.

    Texas Instruments
    Infineon
    Qualcomm
    ON Semi
    NXP
    Maxim Integrated
    Dialog Semiconductor
    STMicroelectronics
    Toshiba
    Analog Devices
    Silergy
    Power Integrations
    ROHM
    MediaTek
    Microchip
    Skyworks
    Renesas
    Cypress Semiconductor
    On-Bright Electronics
    Alpha and Omega Semiconductor