Power Management IC Market Power Management IC (PMIC) Market Forecast, 2016-2 | Page 5

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PMIC is an electronic power switching
device used to control, and manage power
in an effective manner. It is designed to
perform a single set of tasks with superior
reliability and performance. Moreover,
they offer several benefits such as high
efficiency, reduced system complexity, and
minimized system maintenance. Voltage
regulator contributes almost 25% of the
total PMIC market, owing to its resilience
and higher efficiency.”