Power Management Integrated Circuit (PMIC) Market Size and Share
Market Overview
| Study Period | 2019 - 2030 |
|---|---|
| Market Size (2025) | USD 41.66 Billion |
| Market Size (2030) | USD 59.64 Billion |
| Growth Rate (2025 - 2030) | 7.44% CAGR |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0. |
|
Power Management Integrated Circuit (PMIC) Market Analysis by Mordor Intelligence
The power management integrated circuit market size stood at USD 41.66 billion in 2025 and is projected to reach USD 59.64 billion by 2030, registering a 7.44% CAGR. An expanding pool of electric vehicles, flagship smartphones, and ultra-low-power IoT devices is boosting demand for highly efficient conversion topologies, tighter voltage tolerances, and advanced process nodes. Battery management ICs remain the cornerstone of the power management integrated circuit market, while wireless-charging PMICs, wide-bandgap power stages, and sub-20 nm designs are emerging as pivotal growth catalysts. The competitive landscape is shaped by analog stalwarts defending share through proprietary IP and by processor vendors developing captive solutions for vertical integration. Foundry capacity, thermal constraints in ultra-thin devices, and counterfeit-component infiltration continue to pose tangible risks to overall market momentum.
Key Report Takeaways
- By type, battery management ICs led with 33.70% of the power management integrated circuit market share in 2024, whereas wireless-charging PMICs are forecast to expand at an 8.67% CAGR through 2030.
- By application, consumer electronics accounted for 42.90% of the power management integrated circuit market size in 2024, while automotive and e-mobility are advancing at an 8.87% CAGR through 2030.
- By wafer node, processes Greater than or Equal to 65 nm processes captured 47.20% share of the power management integrated circuit market in 2024, and Less than 20 nm nodes are projected to grow at a 10.27% CAGR to 2030.
- By power range, low power PMICs dominated the market with a 52.3% share in 2024, while high power PMICs are projected to grow at a 9.33% CAGR through 2030.
- By geography, North America dominated with a 37.30% share in 2024, whereas Asia-Pacific is set to post a 10.66% CAGR through 2030.
Global Power Management Integrated Circuit (PMIC) Market Trends and Insights
Drivers Impact Analysis
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Rapid EV and xEV penetration elevating demand for high-current, high-efficiency PMICs | +1.80% | Global, with concentration in North America and China | Medium term (2-4 years) |
| Shrinking process nodes (<20 nm) enabling higher on-chip power density | +1.20% | Asia-Pacific core, spill-over to North America | Long term (≥ 4 years) |
| Flagship smartphone adoption of advanced battery-health PMICs | +1.00% | Global, led by Asia-Pacific and North America | Short term (≤ 2 years) |
| Government energy-efficiency mandates for consumer and industrial electronics | +0.90% | North America and EU, expanding to Asia-Pacific | Medium term (2-4 years) |
| Edge-AI/IoT proliferation requiring ultra-low-quiescent-current PMICs | +0.80% | Global, with early adoption in developed markets | Long term (≥ 4 years) |
| Adoption of wide-bandgap (GaN/SiC) power stages in fast chargers | +0.70% | North America and EU, expanding globally | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
Rapid EV and xEV Penetration Elevating Demand for High-Current, High-Efficiency PMICs
Electric-vehicle architecture is reshaping specifications for the power management integrated circuit market. Tesla’s 4680 battery cell demands PMICs that handle up to 500 A continuous current while remaining below 125°C junction temperature, prompting silicon-carbide power stages and advanced thermal packaging.[1]Elon Musk, “Tesla Investor Relations,” Tesla, accessed Sep 02, 2025, tesla.com BYD’s distributed battery-management design delivers 10C fast-charge capability, illustrating the need for granular cell-level PMIC control. Infineon’s CoolSiC modules reach 98.5% efficiency in 800 V on-board chargers, and fleet operators now prioritize PMIC diagnostics to enable predictive maintenance. These requirements spur integration of sensor interfaces and wireless links, transforming PMICs into smart subsystems rather than isolated regulators.
Shrinking Process Nodes Enabling Higher On-Chip Power Density
Sub-20 nm migration allows multiple power rails and control logics on a single die, shrinking board footprints and limiting parasitics. TSMC’s 16 nm FinFET platform achieves power densities above 1 W/mm² versus 0.3 W/mm² at 65 nm while safeguarding thermal profiles through engineered substrates.[2]C.C. Wei, “TSMC Third-Quarter 2024 Results,” TSMC, Oct 17, 2024, tsmc.com MediaTek’s Dimensity 9400 integrates 12 independent power domains managed by an on-die PMIC that performs sub-microsecond voltage scaling for AI workloads. Yet quantum effects boost leakage variance, forcing adoption of compensation algorithms and heralding gate-all-around structures in 2 nm nodes targeting 30% power drop relative to current 3 nm.
Flagship Smartphone Adoption of Advanced Battery-Health PMICs
Premium smartphones now embed predictive degradation engines. Samsung’s Galaxy S25, for example, sustains 95% battery capacity after 1,000 cycles by modulating charge patterns with on-PMIC machine learning.[3]TM Roh, “Samsung Electronics Announces Third-Quarter 2024 Results,” Samsung, Oct 31, 2024, samsung.com Apple deploys temperature-gradient mapping to prevent hotspot formation under rapid charging, while Qualcomm’s Quick Charge 5 surpasses 100 W without exceeding 40 °C cell temperature through adaptive current gating. Such features require PMICs with micro-ohm sense accuracy and sub-10 mV regulation windows, sharpening the competitive edge for vendors proficient in high-resolution telemetry.
Government Energy-Efficiency Mandates for Consumer and Industrial Electronics
Regulation continues to push standby and conversion performance. The U.S. DOE Level VI rule compels 87% minimum efficiency at 25% load, nudging PMIC designs toward synchronous rectification and digital control.[4]U.S. Department of Energy, “External Power Supply Efficiency Standards,” Energy.gov, accessed Sep 02, 2025, energy.gov EU Regulation 2023/826 sets a 0.5 W standby ceiling for networked hardware, accelerating the uptake of sub-µA quiescent-current PMICs. ENERGY STAR 9.0’s 85% across-load mandate now rewards vendors embedding real-time efficiency analytics, giving compliant designs faster market access across OECD economies.
Restraints Impact Analysis
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Supply-chain cyclicality of foundry capacity for analog and mixed-signal nodes | -1.50% | Global, with acute impact in Asia-Pacific | Short term (≤ 2 years) |
| Rising design complexity driving NRE costs beyond reach of smaller OEMs | -1.10% | Global, with higher impact on emerging markets | Medium term (2-4 years) |
| Thermal-management limits in ultra-thin consumer devices | -0.80% | Global, concentrated in premium device segments | Long term (≥ 4 years) |
| Increasing counterfeit PMIC influx affecting reliability perceptions | -0.60% | Global, with higher concentration in cost-sensitive markets | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
Supply-Chain Cyclicality of Foundry Capacity for Analog and Mixed-Signal Nodes
Analog production lags digital capacity expansion, reaching 95% utilization at TSMC’s specialty lines in late 2024 and elongating PMIC lead times to 16 weeks from a historical 8 weeks.[5]C.C. Wei, “TSMC Third-Quarter 2024 Results,” TSMC, Oct 17, 2024, tsmc.com GlobalFoundries’ strategy shift toward mature nodes leaves fewer suppliers for automotive-qualified lots, raising exposure to geopolitical events. With automotive programs locking five-year commitments, consumer electronics vie for shrinking slots, intensifying allocation risk.
Rising Design Complexity Driving NRE Costs Beyond Reach of Smaller OEMs
Advanced PMICs with multi-rail control, software APIs, and functional-safety diagnostics can cost more than USD 5 million in non-recurring engineering, deterring smaller brands.[6]Vincent Roche, “Analog Devices Reports Fourth-Quarter and Fiscal 2024 Results,” Analog Devices, Feb 21, 2024, analog.com A 28 nm PMIC needs 40% more verification labor compared with 65 nm for only marginal gains in many segments. This asymmetry favors deep-pocket incumbents and places start-ups at a disadvantage, curbing innovation outside high-volume verticals.
Segment Analysis
By Type: Battery Management ICs Maintain Primacy While Wireless Charging Scales Quickly
Battery management ICs accounted for 33.70% of the power management integrated circuit market size in 2024, underscoring their indispensability in electric-vehicle packs and stationary storage. Wireless-charging PMICs, however, are expected to log an 8.67% CAGR through 2030 as Qi2 magnetic alignment boosts 15 W transmit efficiency to 85% and as MagSafe-like ecosystems proliferate.
Demand within the power management integrated circuit market pivots around safety diagnostics, cell-balancing accuracy, and thermal orchestration for battery management ICs, whereas foreign-object detection and adaptive resonance control differentiate wireless-charging PMICs. DC-DC converter PMICs still serve data-center and notebook rails, linear regulators reserve niches that need <10 µV noise floors, and motor-driver PMICs ride factory-automation growth. Voltage-reference and supervisor ICs remain a stable revenue bedrock, mandated by automotive functional-safety norms.
Note: Segment shares of all individual segments available upon report purchase
By Application: Consumer Electronics Leads, Automotive and e-Mobility Surges
Consumer electronics generated 42.90% of 2024 revenue for the power management integrated circuit market share, reflecting smartphones, notebooks, and tablets that integrate upwards of 15 regulated rails per device. Automotive and e-mobility, supported by 800 V drivetrains and ADAS compute clusters, is forecast to post an 8.87% CAGR, outpacing all other verticals.
Industrial and robotics use cases require torque-accurate motor drives, whereas 5 G infrastructure calls for high-voltage PMICs handling 48 V direct feeds. Healthcare devices, especially implants, prioritize <1 µA standby current, and IoT endpoints adopt energy-harvesting PMICs capable of starting at 380 mV. Each vertical calibrates its PMIC specs around reliability, regulation voltage, and telemetry sophistication, fragmenting supplier roadmaps across the power management integrated circuit market.
By Wafer Node: Mature Nodes Dominate Volume as Sub-20 nm Nodes Spark Differentiation
Greater than and Equal to 65 nm lines delivered 47.20% of 2024 shipments, balancing cost and automotive qualification ease. In contrast, sub-20 nm flows will experience a 10.27% CAGR through 2030, fulfilling integration demands from flagship processors and AI-centric wearables.
At Less than 20 nm, PMIC designers co-locate digital engines that predict workloads and fine-tune voltages in microseconds. Yet analog gain suffers under reduced headroom, compelling mixed node or chiplet solutions. 40–65 nm nodes offer a middle path for mid-tier handsets and telecom gear, while 20–40 nm nodes target premium devices needing elevated integration but not the bleeding-edge costs.
Note: Segment shares of all individual segments available upon report purchase
By Power Range: Low Power PMICs Lead while High Power Accelerate
Low Power PMICs commanded 52.3% of the power management integrated circuit market size in 2024, highlighting their centrality in smartphones, wearables, IoT, and other battery-sensitive devices. Their dominance is tied to stringent energy-efficiency requirements, compact form factors, and growing edge computing applications. By enabling multi-rail power delivery with minimal leakage, low-power PMICs continue to anchor demand, particularly as IoT endpoints and portable medical devices proliferate.
High power PMICs, on the other hand, are projected to register the fastest growth, expanding at a 9.33% CAGR through 2030 as electric vehicles, data centers, and industrial automation ramp up. These devices emphasize thermal stability, high current handling, and reliability under harsh operating conditions. Medium power PMICs bridge the two extremes, catering to tablets, laptops, and mid-range consumer electronics, where a balance between efficiency and performance is critical. Collectively, the spectrum of power ranges underscores PMICs’ adaptability across diverse voltage and current requirements.
Geography Analysis
North America captured 37.30% of global revenue in 2024, propelled by Tesla battery-management orders and Apple’s emphasis on custom PMIC silicon. The region benefits from deep design-service ecosystems and a robust EV infrastructure build-out.
Asia-Pacific, home to leading foundries and consumer-electronics assembly, is projected to post a 10.66% CAGR through 2030. China’s EV scale-up and South Korea’s memory lines fuel PMIC volume, while proximity to fabs shortens iteration cycles.
Europe combines automotive electrification, where German OEMs adopt 800 V systems, with strict eco-design rules, sustaining steady demand. Nordic renewables deploy grid-tie inverter PMICs optimizing maximum-power-point tracking. Growth pockets in the Middle East and Africa arise from solar mini-grids, whereas South America leverages Brazilian EV incentives and Argentine lithium resources for localized battery supply chains.
Competitive Landscape
Texas Instruments and Analog Devices anchor the power management integrated circuit market through broad catalogs, proprietary process flows, and decade-long customer ties. Monolithic Power Systems and Power Integrations capture niches in high-power density and resonant converters. Qualcomm, MediaTek, and Apple increasingly insource PMICs for platform synergy, pressuring merchant suppliers.
Chinese entrants pursue domestic substitution strategies, benefitting from state incentives but often lacking automotive-grade credentials. Patent troves on control algorithms and packaging remain key deterrents to new entrants, while strategic acquisitions, like ADI’s 2025 purchase of Maxim’s power unit, show incumbents extending ahead on battery-management IP. Opportunities persist in ultra-low-power IoT, high-voltage industrial, and GaN-based fast charging segments, areas where specialized expertise commands premium margins.
Power Management Integrated Circuit (PMIC) Industry Leaders
-
Texas Instruments Inc.
-
Analog Devices, Inc.
-
Infineon Technologies AG
-
NXP Semiconductors N.V.
-
STMicroelectronics N.V.
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- March 2025: Analog Devices disclosed a USD 2.1 billion buyout of Maxim Integrated’s power division to bolster EV battery-management depth and secure advanced packaging nodes.
- February 2025: Samsung Electronics released the S2MIW07 wireless-charging PMIC, achieving 25 W magnetic alignment at 90% efficiency and integrating thermal-foldback intelligence.
- January 2025: Texas Instruments debuted the TPS65987D USB-C PD controller, enabling 240 W delivery with embedded cable-impedance compensation for gaming laptops.
- December 2024: Infineon completed a USD 1.4 billion capacity expansion for silicon-carbide wafers in Austria, targeting 800 V automotive PMIC modules.
Global Power Management Integrated Circuit (PMIC) Market Report Scope
A power management integrated circuit (PMIC) is an integrated circuit that has wide applications because of its role in battery management, voltage regulation, and charging functions. These ICs are mostly used in battery-operated devices and consumer electronics, such as smartphones, Bluetooth headsets, and portable industrial and medical equipment. A PMIC is used to manage power on electronic devices or in modules on devices that may have a range of voltages. The PMIC manages battery power charging and sleep modes, DC-to-DC conversion, and scaling of voltages down or up, among others.
The power management integrated circuit market is segmented by product type (voltage regulators, motor control ICs, battery management ICs, and multi-channel PMICs), by end-user (automotive, consumer electronics, industrial, communication, and computing, Other End-Users), by geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa). The market sizes and forecasts are provided in terms of value in (USD) for all the segments.
| Linear Regulator PMIC |
| DC-DC Converter PMIC |
| Battery Management IC |
| Voltage Reference and Supervisor IC |
| Motor-Control and Driver PMIC |
| Wireless-Charging PMIC |
| Consumer Electronics |
| Automotive and e-Mobility |
| Industrial and Robotics |
| Telecommunications and Networking |
| Healthcare and Medical Devices |
| IoT and Edge Devices |
| Greater than and Equal to 65 nm |
| 40 - 65 nm |
| 20 - 40 nm |
| Less than 20 nm |
| Low Power PMICs |
| Medium Power PMICs |
| High Power PMICs |
| North America | United States | |
| Canada | ||
| Mexico | ||
| South America | Brazil | |
| Argentina | ||
| Rest of South America | ||
| Europe | Germany | |
| United Kingdom | ||
| France | ||
| Italy | ||
| Spain | ||
| Russia | ||
| Rest of Europe | ||
| Asia-Pacific | China | |
| Japan | ||
| India | ||
| South Korea | ||
| South-East Asia | ||
| Rest of Asia-Pacific | ||
| Middle East and Africa | Middle East | Saudi Arabia |
| United Arab Emirates | ||
| Turkey | ||
| Rest of Middle East | ||
| Africa | South Africa | |
| Nigeria | ||
| Rest of Africa | ||
| By IC Type | Linear Regulator PMIC | ||
| DC-DC Converter PMIC | |||
| Battery Management IC | |||
| Voltage Reference and Supervisor IC | |||
| Motor-Control and Driver PMIC | |||
| Wireless-Charging PMIC | |||
| By Application | Consumer Electronics | ||
| Automotive and e-Mobility | |||
| Industrial and Robotics | |||
| Telecommunications and Networking | |||
| Healthcare and Medical Devices | |||
| IoT and Edge Devices | |||
| By Wafer Node | Greater than and Equal to 65 nm | ||
| 40 - 65 nm | |||
| 20 - 40 nm | |||
| Less than 20 nm | |||
| By Power Range | Low Power PMICs | ||
| Medium Power PMICs | |||
| High Power PMICs | |||
| By Geography | North America | United States | |
| Canada | |||
| Mexico | |||
| South America | Brazil | ||
| Argentina | |||
| Rest of South America | |||
| Europe | Germany | ||
| United Kingdom | |||
| France | |||
| Italy | |||
| Spain | |||
| Russia | |||
| Rest of Europe | |||
| Asia-Pacific | China | ||
| Japan | |||
| India | |||
| South Korea | |||
| South-East Asia | |||
| Rest of Asia-Pacific | |||
| Middle East and Africa | Middle East | Saudi Arabia | |
| United Arab Emirates | |||
| Turkey | |||
| Rest of Middle East | |||
| Africa | South Africa | ||
| Nigeria | |||
| Rest of Africa | |||
Key Questions Answered in the Report
How large is the global PMIC space in 2025?
The power management integrated circuit market size reached USD 41.66 billion in 2025.
What CAGR is forecast through 2030?
The market is projected to grow at a 7.44% CAGR from 2025 to 2030.
Which segment grows fastest by type?
Wireless-charging PMICs are expected to post an 8.67% CAGR to 2030.
Which region expands at the highest pace?
Asia-Pacific is forecast to record a 10.66% CAGR during the outlook period.
Why are sub-20 nm nodes important in PMICs?
They enable higher on-chip power density and digital intelligence, driving differentiation in flagship devices.
What is the chief risk to PMIC supply?
Analog foundry capacity cyclicality can extend lead times, constraining availability in peak demand cycles.
Page last updated on:
