Electronics Sourcing predicts “a seller’s market for power management integrated circuits for the rest of the year” because of strong demand and limited production capacity.
“PMIC unit demand will rise 13 per cent while prices will increase five percent, resulting in revenue growing from $14.6 billion in 2020 to $17. 4 billion in 2021,” they say, reporting on research by IC Insights. “Unit demand will increase through 2025. Unit shipments rose 68.4 billion in 2020 to 77.5 billion in 2021 and will rise to more than 110 billion in 2025. The average price will increase from $0.21 in 2020 to $0.22 in 2021 and hold steady through 2025.”
PMICs include linear and switching regulators, power management application specific standard products, battery charging and management chips, supervision/sequencing/motor control devices and voltage reference products.
The projected increase in revenue and demand for PMICs is coming from a wide range of customer segments including the automotive industry, computers, 5G handsets and infrastructure, among others.
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