China Power Management IC Market Report by Product (Linear Regulator ICS, Switching Regulator ICS, Voltage Reference ICS, Power Management ASICS/ASSPS, and Others), Application (Communication, Computing Devices, Consumer Electronics, Automotive, Healthcare, and Others), and Region 2024-2032

China Power Management IC Market Report by Product (Linear Regulator ICS, Switching Regulator ICS, Voltage Reference ICS, Power Management ASICS/ASSPS, and Others), Application (Communication, Computing Devices, Consumer Electronics, Automotive, Healthcare, and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112025A23696

China Power Management IC Market Overview:

The China power management IC market is projected to exhibit a growth rate (CAGR) of 6.30% during 2024-2032. The market is growing due to increasing adoption of 5G technologies, significant expansions in consumer electronics, and a booming electric vehicle sector. These factors are driving demand for advanced PMIC solutions that enhance device functionality and energy efficiency, supporting China's technological advancement.

Report Attribute
 Key Statistics                   
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Growth Rate (2024-2032) 6.30%


China Power Management IC Market Trends:

Rising Adoption of Advanced Technologies

The rapid rollout of 5G networks in China is catalyzing significant advancements in the power management integrated circuit (PMIC) market. As 5G technologies supports higher data speeds and enhanced connectivity, the complexity and power requirements of devices leveraging this technology have increased dramatically. China concluded 2023 with 3.38 million 5G base stations and 805 million 5G mobile phone users. The country aims to commercialize 6G technology by year 2030 and has already started experiments. In June 2023, China allocated spectrum of 6 GHz frequency band for 5G and 6G services, considering its coverage and capacity advantages. The move aims to stabilize industry expectations. Power management integrated circuits are important in managing these requirements efficiently. As such, the adoption of 5G is not only a push towards faster communications but also drives innovation in developing more sophisticated power management solutions to support the sustainability of these technologies.

Growth in Consumer Electronics and Automotive Sectors

In China, the burgeoning sectors of consumer electronics and electric vehicles (EVs) are pivotal in driving the demand for Power Management Integrated Circuits (PMICs). As consumer electronics proliferate and the EV market expands rapidly due to environmental concerns and policy support, the reliance on efficient and high-capacity batteries escalates. According to a report published by IEA, in 2023, China saw an increase in electric car registrations, reaching 8.1 million, marking a 35% increase from the previous year. This growth contrasted with an 8% decline in conventional car sales. Despite the absence of national subsidies for electric vehicles, tax exemptions and non-financial support continued. China also emerged as the world's top auto exporter, shipping over 4 million cars, including 1.2 million electric vehicles, predominantly to Europe and the Asia Pacific region. PMICs play a critical role in optimizing power usage and enhancing the efficiency of these devices and vehicles. They regulate and manage the power supply across various components, ensuring that batteries operate within their optimal range and prolonging their lifespan. This is essential not only for device functionality and user satisfaction but also for sustainability in the tech and automotive industries. As these sectors continue to evolve, the sophistication and integration of PMIC technologies become increasingly crucial to meet the high-power demands and performance expectations.

China Power Management IC Market News:

  • In 2024, Magnachip Semiconductor Corporation celebrated the grand opening of its subsidiary, Magnachip Technology Company, Ltd. (MTC), in Hefei, China. The ceremony was attended by local government officials, customers, and business partners. MTC aims to expand Magnachip's display driver IC and power IC businesses in China. The company plans to establish branch offices in Beijing, Chengdu, and Shenzhen to strengthen its presence in the Chinese market and provide prompt customer support.
  • In 2023, SMBus NVDC Buck-Boost Charge Controller SGM41570 was honored as the 'Best Power Management IC of the Year' at the 'EE Awards Asia' in Taiwan. The controller offers efficient 1- to 4-cell battery charging, supporting various input sources and dynamic power management. It seamlessly switches between Buck, Boost, and Buck-Boost modes without host control. Additionally, it features USB On-The-Go mode and VMIN Active Protection, ensuring reliable power management and system safety.


China Power Management IC Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for ​2024-2032​. Our report has categorized the market based on product and application.

Product Insights:

China Power Management IC Market

  • Linear Regulator ICs
  • Switching Regulator ICs
  • Voltage Reference ICs
  • Power Management ASICs/ASSPs
  • Others
     

The report has provided a detailed breakup and analysis of the market based on the product. This includes linear regulator ICS, switching regulator ICS, voltage reference ICS, power management ASICS/ASSPS, and others.

Application Insights:

  • Communication
  • Computing Devices
  • Consumer Electronics
  • Automotive
  • Healthcare
  • Others
     

A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes communication, computing devices, consumer electronics, automotive, healthcare, and others.

Regional Insights:

China Power Management IC Market by Region

  • North China
  • East China
  • South Central China
  • Southwest China
  • Northwest China
  • Northeast China
     

The report has also provided a comprehensive analysis of all the major regional markets, which include North China, East China, South Central China, Southwest China, Northwest China, and Northeast China.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

China Power Management IC Market Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units Million US$
Scope of the Report Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment: 
  • Product
  • Application
  • Region
Products Covered Linear Regulator ICS, Switching Regulator ICS, Voltage Reference ICS, Power Management ASICS/ASSPS, Others
Applications Covered Communication, Computing Devices, Consumer Electronics, Automotive, Healthcare, Others
Regions Covered North China, East China, South Central China, Southwest China, Northwest China, Northeast China
Customization Scope 10% Free Customization
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Questions Answered in This Report:

  • How has the China power management IC market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the China power management IC market?
  • What is the breakup of the China power management IC market on the basis of product?
  • What is the breakup of the China power management IC market on the basis of application?
  • What are the various stages in the value chain of the China power management IC market? 
  • What are the key driving factors and challenges in the China power management IC?
  • What is the structure of the China power management IC market and who are the key players?
  • What is the degree of competition in the China power management IC market? 

Key Benefits for Stakeholders:

  • IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the China power management IC market from 2018-2032.
  • The research report provides the latest information on the market drivers, challenges, and opportunities in the China power management IC market.
  • Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the China power management IC industry and its attractiveness.
  • Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

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China Power Management IC Market Report by Product (Linear Regulator ICS, Switching Regulator ICS, Voltage Reference ICS, Power Management ASICS/ASSPS, and Others), Application (Communication, Computing Devices, Consumer Electronics, Automotive, Healthcare, and Others), and Region 2024-2032
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