According to a market report by Lucintel, the future of the global power measurement IC market looks promising with opportunities in the energy metering & smart grid, new energy, industrial automation, consumer electronics, automotive electronics, and instrumentation & measurement markets. The global power measurement IC market is expected to reach an estimated $10 billion by 2035 with a CAGR of 3.9% from 2026 to 2035. The major drivers for this market are the increasing demand for energy efficient devices, the rising adoption of smart metering systems, and the growing need for accurate power monitoring.
A more
than 150-page report to understand trends, opportunity and forecast in global power
measurement IC market to 2035 by type (shunt resistor sampling, inductor
coupled, hall effect, and rogowski coil), product (DC, AC, and AC+DC
composite), application (energy metering & smart grid, new energy,
industrial automation, consumer electronics, automotive electronics, and
instrumentation & measurement), and region (North America, Europe, Asia
Pacific, and the Rest of the World).
Lucintel
forecasts that, within the type category, shunt resistor sampling is expected
to witness the highest growth over the forecast period.
Within the
application category, energy metering & smart grid is expected to witness
the highest growth.
Download
sample by clicking on power
measurement IC market.
In terms
of region, APAC is expected to witness the highest growth over the forecast
period.
Analog
Devices, Texas Instruments, STMicroelectronics, Microchip Technology, Renesas
Electronics, Cirrus Logic, Infineon Technologies, onsemi, Richtek Technology,
Chipsea Technologies are the major suppliers in the power measurement IC market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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