Power Management IC Market Power Management IC (PMIC) Market Forecast, 2016-2 | Page 7

The demand for battery supported devices such as handheld gadgets and
smartphones would witness noticeable growth during the forecast period.
This growth would primarily be initiated from the Asian countries,
particularly India and china. Increasing demand for consumer electronic
products
concerned
with
semiconductor
manufacturing,
telecommunication and networking and automotive are expected to boost
the growth of PMICs. However, high complex structure may resist the
market growth. Energy harvesting applications and usage in smart
buildings can act as a future opportunities for the PMIC Market.
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