Global Driver Power Management ICs Market Growth 2025-2031

The global Driver Power Management ICs market size is predicted to grow from US$ 1907 million in 2025 to US$ 2723 million in 2031; it is expected to grow at a CAGR of 6.1% from 2025 to 2031.

Driver Power Management ICs (PMICs) are integrated circuits designed to manage the power requirements of various types of drivers within electronic systems. These ICs are typically used to control the voltage and current supplied to different components like motors, LEDs, displays, and other power-hungry devices. They help optimize power consumption, ensure efficient energy use, and protect circuits from damage due to over-voltage or over-current conditions.

United States market for Driver Power Management ICs is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Driver Power Management ICs is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Driver Power Management ICs is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Driver Power Management ICs players cover Texas Instruments, Analog Devices, Infineon Technologies, STMicroelectronics, NXP, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Driver Power Management ICs Industry Forecast” looks at past sales and reviews total world Driver Power Management ICs sales in 2024, providing a comprehensive analysis by region and market sector of projected Driver Power Management ICs sales for 2025 through 2031. With Driver Power Management ICs sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Driver Power Management ICs industry.

This Insight Report provides a comprehensive analysis of the global Driver Power Management ICs landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Driver Power Management ICs portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Driver Power Management ICs market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Driver Power Management ICs and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Driver Power Management ICs.

This report presents a comprehensive overview, market shares, and growth opportunities of Driver Power Management ICs market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
LED Driver IC
Motor Driver IC
Other

Segmentation by Application:
Consumer Electronics
Home Application
Industrial Application
Automotive & Transportation
Communication
Medical
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Texas Instruments
Analog Devices
Infineon Technologies
STMicroelectronics
NXP
Rohm Semiconductor
ON Semiconductor
Renesas Electronics
Toshiba
Power Integrations
Monolithic Power Systems
Allegro MicroSystems
Silergy Semicondutor Technology
Richtek Technology
Microchip Technology
Skyworks
On-Bright Electronics
Shanghai Bright Power Semiconductor
SG Micro Corp
Shanghai Belling Corp
3peak Incorporated
Shanghai Awinic Technology
Wuxi Chipown Micro-electronics
Diodes Incorporated
FINE Made MICROELECTRONICS Group

Key Questions Addressed in this Report

What is the 10-year outlook for the global Driver Power Management ICs market?

What factors are driving Driver Power Management ICs market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Driver Power Management ICs market opportunities vary by end market size?

How does Driver Power Management ICs break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.