The impending need for energy conservation has expedited the need for microprocessors which can handle large power loads. Power supply in package chip (PSiP) and power supply on chip (PwrSoC) are recent power conversion technologies which can pave the path for future power management platforms. The global PSiP and PwrSoC market report by Market Research Future (MRFR) considers the various drivers and hurdles for the industry for the period of 2017 to 2023 (forecast period). The sudden outbreak of the COVID-19 virus and its impact are analyzed in the report.
Market Scope
The global power supply in package (PSiP) and power supply on chip (PwrSoC) market is expected to reach a valuation exceeding USD 2,300 million by 2023, as per the analysis of MRFR. The consumption of high-powered consumer electronic devices is expected to drive the market demand during the forecast period. Technologies advances in packaging of dies as well as customized solutions for energy conservation can bode well for the market.
The low output voltage of these processors while following the trend of miniaturization can culminate in a huge market demand. The integration of off-the-shelf converters which lower development and design costs can bolster the market demand. However, thermal challenges can impede the market growth.
Notable Players in The Global Power Supply in Package Chip and Power Supply on Chip Market Are:
- Amkor Technology
- Texas Instruments Incorporated
- Bel Fuse Inc.
- Panasonic Corporation
- ON Semiconductor
- TDK Corporation
- Intel Corporation
- Vicor Corporation
- ASE Group
- Jiangsu Changjiang Electronics Technology Co. Ltd.
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Segmentation
In 2017, the PSiP segment commanded for more than 89% share of the market in terms of value. It is anticipated to reach a valuation in access of USD 2,000 Million exhibiting a healthy growth rate till the end of the forecast period. PSiP is used in automotive systems, portable devices, telecom devices, servers, routers, set-top boxes, laptops, desktop systems, and medical devices.
The consumer electronics segment currently accounts for the lion’s share of the market. The application is expected to reach a valuation of USD 1,354.4 Million by 2023. The consumer electronics segment has been witnessing a robust growth in recent years, consequently driving the demand for PSiPs and PwrSoC.
Regional Analysis
Regions that were covered in the report include Europe, North America, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America. The market in APAC is expected to remain highly attractive during the forecast period. In 2017, APAC commanded 48.3% share of the market and projected to exhibit 26.9% CAGR during the assessment period. The manufacturing sector in the region has undergone massive transformation in recent years, which is having a positive impact on the market in the region. China’s rise as a global manufacturing hub has drawn significant investment in the countries.
North America and Europe are the two other important markets for PSiP and PwrSoC. During the review period, the market in North America is projected to post a relatively higher CAGR; meanwhile Europe will retain its position as the third largest power supply in package (PSiP) and power supply on chip (PwrSoC) market.
Browse In-depth Market Research Report (104 pages) on Power Supply in Package Chip and Power Supply on Chip: https://www.marketresearchfuture.com/reports/power-supply-in-package-chip-market-7764
Major Highlights of TOC Covers:
- Executive Summary
- Key Business Trends
- Regional Trends and Growth
- Product Trends
- End-use Trends
- Definition and Forecast Parameters
- Power Supply in Package Chip and Power Supply on Chip Market Segmentation
- Power Supply in Package Chip and Power Supply on Chip Market Landscape
- Vendor Matrix
- Company Profiles
- Business Overview
- Financial Data
- Product Landscape
- Strategic Outlook
Continued…
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The Rugged Power Supply Market research report provides the latest industry data, growth, key segments and future trends on the basis of the detailed study.
This market report also allows you to identify the future opportunity and growth rate of the leading segment based on regions and countries.This research report also includes profiles of major companies operating in the global market.
Some of the prominent players operating in the global rugged power supply market are Abbott Technologies, Advanced Conversion Technology, Aegis Power Systems, AGMA Power Systems, Cosel, Delta Electronics, Eaton, Emerson, General Electric, Mitsubishi Electric, Murata Power Solutions, Siemens, SynQor, TDK-Lambda Americas, XP Power, and others.
This section cover profiling of major players in terms of important aspects such as company overview, financial overview, business strategy, and recent developments undertaken during the forecast horizon.Get more information on "Global Rugged Power Supply Market Research Report" by requesting FREE Sample Copy athttps://www.valuemarketresearch.com/contact/rugged-power-supply-market/download-sampleMarket DynamicsThe rising need for power supply in unpredictable climatic conditions and high investments in defense sectors to ensure national security, as rugged power supply provide continuous power, is stimulating the market growth.
Moreover, increasing demand from other end-use industries such as transportation, medical and healthcare devices is further pushing the market growth.
However, the adoption of renewable energy sources and HVDC may affect the growth of rugged power supply market.The report has been created by using crucial tools such as Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis to help businesses around the globe navigate opportunities and challenges in the rapidly evolving marketplace with clarity.
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