Lucintel Forecasts The Global Power Measurement Ic Market To Reach $10 Billion By 2035

By Author: Lucintel LLC
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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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