Expansion of the consumer electronics sector and presence of key vendors are augmenting the market in Asia Pacific

Wilmington, Delaware, United States, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - The global BCD power IC market was valued at US$ 10.2 Bn in 2021 and is estimated to advance at a CAGR of 6.9% from 2022 to 2031.

Growth of the consumer electronics industry and rise in adoption of electric vehicles (EVs) are fueling the BCD power IC market. Increase in miniaturization of electronic devices is anticipated to augment market growth during the forecast period.

Bipolar-CMOS-DMOS (BCD) technology offers various advantages such as reduced electromagnetic interference, improved reliability, and smaller chip area. This has led to extensive usage of the technology in power management of electronic devices. BCD technology is utilized in various end-use industries such as automotive, consumer electronics, and aerospace.

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Market Snapshot:

Report Coverage	Details
Market Revenue	US$ 10.2 Bn
Estimated Value	US$ 19.8 Bn
Growth Rate - CAGR	6.9%
Forecast Period	2023-2031
No. of Pages	186 Pages
Market Segmentation	By Process Node, Process, Application, End-use Industry
Regions Covered	North America, Europe, Asia Pacific, Middle East & Africa, South America
Companies Covered	Diodes Incorporated, Dialog Semiconductor Plc (Renesas Electronics Corporation), Infineon Technologies AG, Magnachip, NXP Semiconductors, Semiconductor Components Industries, LLC, Rohm Co., Ltd., STMicroelectronics, Texas Instruments Incorporated, Vishay Intertechnology, Inc., Toshiba Electronic Devices & Storage Corporation

Key Findings of Study

Growth of Consumer Electronics Sector Fueling Market Expansion – Demand for electronic products in the consumer electronics sector has been at an all-time-high post the peak of COVID-19. Increase in popularity of 5G and related telecommunication technologies is expected to fuel the sales of smartphones and electronic gadgets.

The volume of shipment of 5G smartphones in increasing across the world. A typical 5G smartphone can accommodate up to eight power-management chips in comparison to two to three in 4G phone. Thus, surge in demand for consumer electronics is expected to fuel market development during the forecast period.

Increase in Sales of EVs – EVs and autonomous vehicles generally incorporate Graphics Processing Units (GPUs) and Advanced Driver-assistance System (ADAS). Therefore, demand for power management solutions is high in the automotive sector.

Electrification in the automotive sector has led to significant investment in the silicon wafer technology. Governments across the world are supporting electrification of vehicles to reduce the reliance on fossil fuels and decrease carbon emissions. Key automakers are investing significantly in the development and manufacture of EVs. This is projected to augment market size in the near future.

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BCD Power IC Market Trends – BCD technology enables high power density in tight spaces. This can be ascribed to the ability of BCD ICs to withstand higher voltage and current compared to the ones made from other manufacturing processes such as CMOS or NMOS. Hence, BCD ICs are well-suited for automotive and portable electronics applications, which require a higher level of power efficiency.

BCD technology provides other benefits such as excellent performance at high temperatures and low cost. This is driving vendors in the BCD power IC market to leverage the technology for the development of BCD power ICs that are more failsafe and robust.

Growth Drivers

• Growth of consumer electronics sector and miniaturization of electronic components are fueling the BCD power IC market

• Rise in adoption of electric vehicles is augmenting market growth

Regional Landscape

Asia Pacific is anticipated to dominate the global BCD power IC industry during the forecast period. The region held the leading market share in 2021. Expansion of the consumer electronics industry and presence of key vendors are fueling market statistics in the region.

The market in North America is anticipated to grow at a rapid pace during the forecast period. This can be ascribed to the presence of major integrated device manufacturers in the region. Growth of the industrial and automotive sectors, rise in focus on energy-efficient devices, and stringent energy conservation regulations are fueling the market in Europe.

Competitive Analysis

The global landscape is fragmented, with the presence of large well-established manufacturers and smaller specialized manufacturers.

Prominent players in the BCD power IC market include Diodes Incorporated, Infineon Technologies AG, NXP Semiconductors, Rohm Co. Ltd., Texas Instruments Incorporated, Toshiba Electronic Devices & Storage Corporation, Dialog Semiconductor Plc, Magnachip, Semiconductor Components Industries, LLC, STMicroelectronics, and Vishay Intertechnology, Inc.

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The BCD power IC market has been segmented as follows:

Global BCD power IC Market, by Process Node

• Below 40 nm
• 40 nm
• 90 nm
• 0.13 μm
• 0.16 μm
• 0.18 μm
• 0.30 μm
• Above 0.30 μm

Global BCD power IC Market, by Process

• High-voltage BCD
• High-density BCD

Global BCD power IC Market, by Application

• Motor Drives
• Power Management
• DC- DC Converters
• LED Drivers
• Communication Devices
• Others

Global BCD power IC Market, by End-use Industry

• Automotive
• Consumer Electronics
• IT& Telecommunications
• Media & Entertainment
• Aerospace & Defense
• Power & Utilities
• Others
  

Global BCD power IC Market, by Region

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
  

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