Power Management IC Market Power Management IC (PMIC) Market Forecast, 2016-2 | Page 6

GLOBAL PMIC MARKET REVENUE, BY GEOGRAPHY ($ BILLION),
2016
The global market for PMICs
is expected to witness
substantial
growth
in
demand during the forecast
period, owing to surge in
production of automobile &
battery supported portable
electronic devices, increase
in
need
for
better
performance efficiency, and
rise in concerns associated
with the cost incurred for
power
management
6 solutions.