LONDON--(BUSINESS WIRE)-- Power management integrated circuits (IC) are created to provide effective energy solutions for industrial and consumer sectors. The increasing demand for smartphones, tablets, PDAs and other mobile devices is the key factor influencing the market growth. In 2011, however, the market for semiconductors demonstrated a revenues level below expectations of most players. It amounted to slightly above USD 33 billion (a rise by 7 percent Y-o-Y), while the revenues were estimated at USD 28.8 billion a year earlier (up by 38 percent Y-o-Y). The market was evaluated at around USD 34.5 billion in 2011.
Market prospects are much positive for the coming years. For instance, global sales revenue is set to enhance by 7 percent per year by 2016.
New market research report “Power Management Integrated Circuits (IC) Market to 2016 - Demand for Increasing Functionality in Smartphones and Tablets, and Rise in Smart Grid Utilization to Drive Growth” elaborated by GBI Research provides a comprehensive guide to the market for power management integrated circuits. It offers a detailed overview of the past and current market dynamics, sales revenue and volume. The study includes information about technological developments, comprehensive five-force analysis and the key market drivers and restraints. The research examines the market by product types and regions. Profiles of major players and market forecast are also available.
Title: Power Management Integrated Circuits (IC) Market to 2016 - Demand for Increasing Functionality in Smartphones and Tablets, and Rise in Smart Grid Utilization to Drive Growth
Published: September, 2012
Price: US$ 3,500.00
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More new market research reports by GBI Research can be found at http://marketpublishers.com/members/gbiresearch/info.html