Smarter Power, Smaller Chips: How PMICs Are Transforming Modern...

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2026-08-13 09:16:00 -

Smarter Power, Smaller Chips: How PMICs Are Transforming Modern Electronics

According to a new report by Polaris Market Research, the global power management IC market was valued at USD 40.73 billion in 2024 and is projected to reach USD 77.60 billion by 2034, expanding at a CAGR of 6.7% over the forecast period. Growth is underpinned by increasing adoption of electric vehicles requiring complex power management systems, expansion of wireless communication...

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