Smartphone Power Management Integrated Circuit (IC) Market

• In January 2020, Integrated Device Technology, Inc. (IDT), a wholly-owned subsidiary of Renesas Electronics Corporation, launched the industry's first integrated power management IC (PMIC) designed for lightweight, un-buffered, DDR5-based dual in-line memory (DIMM) modules that support a wide variety of laptop, mobile and embedded computing platforms.

• In August 2021, Renesas Completed the Acquisition of Dialog Semiconductor. This acquisition builds on Renesas’ long-term strategy to offer a complete set of solutions with more leading-edge analog and mixed signal products that deliver value and innovation to the customers

In this report, the Smartphone Power Management Integrated Circuit (IC) Market has been segmented by Functions, Price, Applications, and Geography.

Smartphone Power Management IC Market, Segmentation by Functions

The Smartphone Power Management IC Market has been segmented by Functions into Charging Functions and Others.

Charging Functions

Charging functions dominate this market segment due to the growing demand for fast charging and energy-efficient power delivery in smartphones. These ICs regulate voltage and current, protecting devices from overcharging and overheating. With more users adopting quick-charging features, the integration of advanced charging ICs continues to rise steadily.

Others

This category includes secondary power functions such as load switching, energy harvesting, and LED lighting control. These ICs contribute to improved power optimization in smartphone subsystems and enable longer battery life. The push toward feature-rich smartphones is boosting the demand for such diverse power management capabilities.

Smartphone Power Management IC Market, Segmentation by Price

The Smartphone Power Management IC Market has been segmented by Price into Premium Range, Medium Range, and Low Range.

Premium Range

Premium-range PMICs are used in flagship smartphones offering high-efficiency power delivery and multiple integrated features. These ICs support advanced thermal management and fast-charging protocols, making them essential in high-end devices. This segment is growing with the demand for premium mobile experiences and superior energy performance.

Medium Range

Medium-range PMICs are prevalent in mid-tier smartphones where cost-performance balance is vital. These ICs provide essential functionalities such as voltage regulation and battery charging while ensuring reliability. As mid-range smartphones continue to improve their hardware, the demand for efficient yet affordable PMICs is on the rise.

Low Range

Low-range PMICs are cost-sensitive solutions used in entry-level smartphones. Despite fewer features, they are essential for basic power management and battery safety. This segment supports mass-market smartphone production, particularly in price-conscious regions of Asia, Africa, and Latin America.

Smartphone Power Management IC Market, Segmentation by Application

The Smartphone Power Management IC Market has been segmented by Applications into Battery Management and Voltage Regulation.

Battery Management

Battery management remains a core application, focusing on efficient charging, discharging, and thermal control. As smartphone batteries become more powerful and compact, battery management ICs ensure safety, longevity, and optimized performance. Demand is growing with the rising use of high-capacity batteries and fast-charging solutions.

Voltage Regulation

Voltage regulation is essential for delivering stable and appropriate power levels to various smartphone components. These ICs help improve overall system efficiency and prevent component damage due to voltage fluctuations. They are vital in ensuring consistent operation across diverse power loads within modern smartphones.

Smartphone Power Management IC Market, Segmentation by Geography

In this report, the Smartphone Power Management IC Market has been segmented by Geography into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

Smartphone Power Management IC Market Share (%), by Geographical Region

North America

North America holds around 24% of the market, driven by the presence of leading smartphone brands and IC manufacturers. Technological advancements and growing consumer demand for high-performance devices support regional adoption of premium PMICs with multi-function capabilities.

Europe

Europe accounts for approximately 20% of the market, fueled by a growing focus on energy-efficient electronic components. Regulatory standards on power efficiency and the presence of prominent OEMs contribute to steady demand for advanced power management ICs across the region.

Asia Pacific

Asia Pacific dominates with a market share exceeding 39%, owing to high smartphone production and consumption in China, India, and South Korea. The region’s robust electronics manufacturing ecosystem and cost advantages drive growth for diverse pricing tiers of PMICs.

Middle East & Africa

This region represents around 9% of the market. Rising smartphone penetration and infrastructure development in emerging economies are fueling the demand for low to medium range PMICs. Economic initiatives in Africa also support the expansion of mobile device accessibility.

Latin America

Latin America captures about 8% of the market, with Brazil and Mexico being key contributors. Increasing digital inclusion, mobile adoption, and demand for affordable smartphones drive the need for efficient power management solutions in this region.