The decline in exports has been mainly due to the ongoing global slowdown, which got aggravated due to the current Covid-19 crisis. The latter resulted in large scale disruptions in supply chains and demand resulting in cancellation of orders.
XYZResearch’s analysis shows that as China started reopening its economy, world exports initially recovered across the board. But estimates of the expected recovery in 2021 are uncertain, with outcomes depending largely on the duration of the outbreak and the effectiveness of the policy responses.
This research report indicated that the global Power Management IC (PMIC) market was valued at USD XXX million in 2019, and it is expected to reach a value of USD XXX million by 2026, at a CAGR of XX % over the forecast period 2021-2026.
In terms of the export, China occupied more than XX % export market share in 2019, India occupied XX %. XXX is the second largest region around the world, it occupied about XX % export market share in 2019. In terms of the Local Capacity, XXX is the largest region around the world, it occupied about XX % export market share in 2019.
Regional Segmentation (Value; Revenue, USD Million, 2015 – 2026) of Power Management IC (PMIC) Market by XYZResearch Include
Middle East and Africa
Competitive Analysis; Who are the Major Players in Power Management IC (PMIC) Market?
Major Type of Power Management IC (PMIC) Covered in XYZResearch report:
Linear Regulator ICs
Switching Regulator ICs
Voltage Reference ICs
Power Management ASICs/ASSPs
Application Segments Covered in XYZResearch Market
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