SIMO Power Management IC: Introduction
- SIMO power management IC is based on single-inductor-multiple-output (SIMO) architecture. It incorporates single inductor as an energy storage element for multiple DC outputs.
- Since fewer inductors are used, power supply size is reduced to 50% and efficiency is also improved. Thus, SIMO PMIC delivers considerably more power in a small space, thereby enabling smaller form factors.
- Furthermore, its low quiescent current contributes to power savings, aiding in extension of battery life in space-restricted designs.
For Right Perspective & Competitive Insights on this report, Request for a Sample
Growing IoT Industry across the World
- Rising awareness about benefits of IoT in conjunction with regional initiatives have accelerated IoT adoption in emerging countries along with the developed regions
- Power and size parameters are significant in next-generation wireless IoT consumer system designs. Therefore, companies are finding it difficult to incorporate all the high-performance demands and capabilities into small form factors.
- Since SIMO power management IC architecture offers smallest solution size, longer battery life, and is cost-effective, it is expected to become an integral part of next-generation IoT industry, thereby facilitating the growth of the SIMO power management IC market
North America to Lead the SIMO Power Management IC Market
- In terms of region, the global SIMO power management IC market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
- Asia Pacific is expected to witness the fastest growth in the global SIMO power management IC market during the forecast period due to development of wireless networking technologies, and increase in cloud platform adoption in China, India, South Korea, and Japan. Moreover, a large number of manufacturers of SIMO power management IC operate in the region.
- Furthermore, advent of advanced data analytics and data processing as well as reduction in the cost of connected devices in several APAC countries is also facilitating growth of SIMO power management IC in this region
- North America represents the largest share of the SIMO power management IC market due to high preference for wearable, hearable, and other compact consumer electronic devices in the region
- The SIMO power management IC market in Europe is expected to expand at a substantial rate during the forecast period. The SIMO power management IC market in Middle East & Africa, and South America is estimated to expand at a moderate pace during the forecast period.
Are you a start-up willing to make it big in the business? Grab an exclusive PDF Brochure of this report
Key Players Operating in the Global SIMO Power Management IC Market
Maxim Integrated Products, Inc. currently rules the global SIMO power management IC market. The company is investing in research and development for further technological advancements in SIMO power management IC architecture due to growing demand for space-constrained electronic devices in the IoT industry.
- In April 2024, Maxim Integrated Products, Inc. announced that its latest SIMO power management IC MAX77654 reduces solution size by 50% as well as extends battery life by 50%
Global SIMO Power Management IC Market: Research Scope
Global SIMO Power Management IC Market, by Number of Outputs
- 3
- 4
- 5
- More than 5
Global SIMO Power Management IC Market, by Application
- IoT
- Building and Automation
- Energy and Utilities
- Manufacturing
- Retail
- Logistics
- Healthcare
- Banking & Financial Services
- Government & Defence
- Others
- Others
Global SIMO Power Management IC Market, by Region
- North America
- U.S.
- Canada
- Rest of North America
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- ASEAN
- Rest of Asia Pacific
- South America
- Brazil
- Mexico
- Rest of South America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Read Our Latest Press Release:
About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.
Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad-hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
Contact
Transparency Market Research State Tower,
90 State Street,
Suite 700,
Albany NY – 12207
United States
USA – Canada Toll Free: 866-552-3453
Email: [email protected]
