Power Management IC Market – Global Industry Analysis and Forecast (2024-2030)

Power Management IC Market is expected to reach US$ 64.57 Bn. by 2030, at a CAGR of 8.10% during the forecast period.
Global Power management IC market Definition

Power management integrated circuit (PMIC) is an integrated circuit device that is used to perform various functions related to power management. The power management functions include battery charging, power sequencing, DC to DC conversion, and linear regulation. PMIC combines these functions into a single device by reducing the number of extra components and space.