Analysis By Product Type (Voltage Regulators, Motor Control, Battery Management, Multi-Channel ICs, and Others) and End-Use (Consumer Electronics, Automotive, Healthcare, IT and Telecom, Industrial, and Others)
The power management IC market in Middle East & Africa is expected to grow from US$ 1,391.04 million in 2021 to US$ 1,816.41 million by 2028; it is estimated to grow at a CAGR of 3.9% from 2021 to 2028.
With growing investments, 5G network is expanding notably across the region. 5G networks require high density and high efficiency power management ICs; DC-to-DC converter modules; ultralow noise linear regulators, including power sequencing, monitoring, and protection. With increase in internet penetration and mobile data traffic, investments in 5G network are growing substantially. Samsung is planning to bring 5G to next generation vehicles with the latest additions to the Exynos Auto series. The plan is supported by S2VPS01, an extra-safe power management IC for vehicles. The, increasing internet penetration and data traffic along with growing investments in the 5G sector would fuel the growth of the power management IC market during the forecast period.
The UAE, Egypt, Morocco, and Kuwait are the main countries in the Middle East & Africa region that that have faced the ill effects of COVID-19 pandemic. Majority of operations in the region were suspended due to an increase in the number of cases in the region. Many countries in the Africa region as still in developing state and not developed as the countries of the Middle East. The UAE is a well-known tourist place which receives thousands of travelers all the year. Since the tourism sector in the country suffered considerable economic losses, due international travel ban, demand for new television sets, air conditioners, and refrigerators reduced notably. This impacted the requirement for respective PMICS. Moreover, the end users in the region are highly dependent on international suppliers and witnessed significant supply chain disruption during Q2 of 2020. However, with beginning of Q3 of 2020, the demand for various semiconductor products including power management ICs increased among the end users owing to re-initiation of the operations.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Middle East & Africa power management IC market. The Middle East & Africa power management IC market is expected to grow at a good CAGR during the forecast period.
Middle East & Africa Power Management IC Market Revenue and Forecast to 2028 (US$ Million)
Middle East & Africa Power Management IC Market Segmentation
Middle East & Africa Power Management IC Market – ByProduct Type
Voltage Regulators
Motor Control
Battery Management
Multi-Channel ICs
Others
Middle East & Africa Power Management IC Market – By End-Use
Automotive
Consumer Electronics
IT and Telecom
Healthcare
Industrial
Others
Middle East & Africa Power Management IC Market – ByCountry
Israel
South Africa
Rest of MEA
Middle East & Africa Power Management IC Market – Companies Mentioned
NXP Semiconductors
Analog Devices, Inc.
INFINEON TECHNOLOGIES AG
ROHM CO., LTD.
Microchip Technology Inc.
Vishay Intertechnology, Inc.
Renesas Electronics Corporation
STMicroelectronics
Texas Instruments Incorporated
Qorvo, Inc.
Middle East and Africa Power Management IC Market Strategic Insights
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Middle East and Africa Power Management IC Market Segmentation Analysis
Middle East and Africa Power Management IC Market Report Highlights
Middle East and Africa Power Management IC Report Scope
Report Attribute
Details
Market size in 2021
US$ 1,391.04 Million
Market Size by 2028
US$ 1,816.41 Million
CAGR (2021 - 2028)
3.9%
Historical Data
2019-2020
Forecast period
2022-2028
Segments Covered
By Product Type
Voltage Regulators
Motor Control
Battery Management
Multi-Channel ICs
By End-Use
Consumer Electronics
Automotive
Healthcare
IT and Telecom
Industrial
Regions and Countries Covered
Middle East and Africa
South Africa
Saudi Arabia
UAE
Rest of Middle East and Africa
Market leaders and key company profiles
NXP Semiconductors
Analog Devices, Inc.
INFINEON TECHNOLOGIES AG
ROHM CO., LTD.
Microchip Technology Inc.
Vishay Intertechnology, Inc.
Renesas Electronics Corporation
STMicroelectronics
Texas Instruments Incorporated
Qorvo, Inc.
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Middle East and Africa Power Management IC Market Country and Regional Insights
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Identical Market Reports with other Region/Countries
The List of Companies - Middle East and Africa Power Management IC Market
NXP Semiconductors
Analog Devices, Inc.
INFINEON TECHNOLOGIES AG
ROHM CO., LTD.
Microchip Technology Inc.
Vishay Intertechnology, Inc.
Renesas Electronics Corporation
STMicroelectronics
Texas Instruments Incorporated
Qorvo, Inc.
Frequently Asked Questions
How big is the Middle East and Africa Power Management IC Market?
The Middle East and Africa Power Management IC Market is valued at US$ 1,391.04 Million in 2021, it is projected to reach US$ 1,816.41 Million by 2028.
What is the CAGR for Middle East and Africa Power Management IC Market by (2021 - 2028)?
As per our report Middle East and Africa Power Management IC Market, the market size is valued at US$ 1,391.04 Million in 2021, projecting it to reach US$ 1,816.41 Million by 2028. This translates to a CAGR of approximately 3.9% during the forecast period.
What segments are covered in this report?
The Middle East and Africa Power Management IC Market report typically cover these key segments-
Product Type (Voltage Regulators, Motor Control, Battery Management, Multi-Channel ICs)
End-Use (Consumer Electronics, Automotive, Healthcare, IT and Telecom, Industrial)
What is the historic period, base year, and forecast period taken for Middle East and Africa Power Management IC Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East and Africa Power Management IC Market report:
Historic Period : 2019-2020
Base Year : 2021
Forecast Period : 2022-2028
Who are the major players in Middle East and Africa Power Management IC Market?
The Middle East and Africa Power Management IC Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
NXP Semiconductors
Analog Devices, Inc.
INFINEON TECHNOLOGIES AG
ROHM CO., LTD.
Microchip Technology Inc.
Vishay Intertechnology, Inc.
Renesas Electronics Corporation
STMicroelectronics
Texas Instruments Incorporated
Qorvo, Inc.
Who should buy this report?
The Middle East and Africa Power Management IC Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the Middle East and Africa Power Management IC Market value chain can benefit from the information contained in a comprehensive market report.
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