Overview and Scope
A linear voltage regulator is an electronic device that maintains a constant output voltage regardless of changes in the input voltage or load conditions. It provides a stable and precise voltage supply to electronic circuits, ensuring they operate correctly and safely.
Sizing and Forecast
The linear voltage regulators market size has grown strongly in recent years. It will grow from $3.39 billion in 2023 to $3.61 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to increasing focus on electricity, high growth potential in emerging markets, growth of consumer electronics, and telecommunications boom.
The linear voltage regulators market size is expected to see strong growth in the next few years. It will grow to $4.69 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to increasing adoption of smart grids, increasing awareness, increasing adoption of IoT devices, increasing use of sophisticated electronics, and increasing focus on energy efficiency. Major trends in the forecast period include modernized electrical grid systems, expansion in IoT and smart device applications, integration with renewable energy systems, technological advancements, and launches of new products and services.
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Segmentation & Regional Insights
The linear voltage regulators market covered in this report is segmented –
1) By Type: Series, Shunt, Low Drop-Out, Standard
2) By Topology: Electro-Mechanical, Electronic Tap-Switching, Ferro-Resonant
3) By End User: Commercial, Residential, Industrial, Automotive
Asia-Pacific was the largest region in the linear voltage regulators market in 2023. The regions covered in the linear voltage regulators market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The growing demand for consumer electronics is expected to propel the growth of the linear voltage regulator market going forward. Consumer electronics refers to electronic devices designed for everyday use by individuals, typically for personal or home use, to enhance convenience, entertainment, and efficiency. The growing demand for consumer electronics is due to continuous technological advancements and increasing affordability, making innovative devices more accessible to a broader audience. Linear voltage regulators are widely used in consumer electronics to provide stable and regulated voltage to various components and circuits. They contribute to improved performance, reduced noise, and enhanced longevity of electronic devices. For instance, in March 2023, according to a report published by Cybercrew.UK, a UK-based digital media company, the percentage of UK households using smartphones is expected to rise from 91.43% in 2021 to 93.8% by 2026. For instance, in January 2023, according to the report published by LG, a South Korea-based consumer electronics company, LG achieved its highest-ever annual revenue of $60 billion, marking a significant increase of 12.9% from the previous year’s sales of $52.70 billion. Therefore, the growing demand for consumer electronics is driving the linear voltage regulators market.
Key Industry Players
Major companies operating in the linear voltage regulators market are Toshiba Corporation, Texas Instruments, STMicroelectronics, Infineon Technologies, NXP Semiconductors, Analog Devices, Renesas Electronics, ON Semiconductor, Microchip Technology, Skyworks Solutions, OSRAM Licht AG, ROHM Semiconductor, Vishay Intertechnology, Maxim Integrated, Diodes Incorporated, Monolithic Power Systems, Cirrus Logic, Fairchild Semiconductor , Silicon Laboratories, Allegro MicroSystems, Silergy Corp, Semtech Corporation, Sanken Electric Co. Ltd., Lattice Semiconductor, Richtek Technology
The linear voltage regulators market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
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