The objective of this research report is to track the emerging trends influencing power management technology domain and draw roadmaps based on technology advancements. Power management technology could be optimized for different functionalities and end-user needs.
- There has been significant investment in newer energy technologies; Advaned Research Projects Agency-Energy indicated recent developments have focused on large engineering systems such as transportation and carbon capturing.
- For power management semiconductor suppliers, the landscape is becoming increasingly dynamic with the expansion of the industry where many suppliers enter and exit specific niche markets.
- The IEEE is currently balloting IEE 1621, a proposed new international standard for power control user interfaces designed to make it easier to enable and use power management in consumer devices.
- Government funding of proof-of-concept research is expected to yield a significant return on investment and help garner industry attention which is critical to implement solutions.
- Active research aim to address increasing energy issues including adopting power management efforts that are web-enabled and devices connected to it.
- Next-generation wireless devices and sensor networks drive developments in power management sector. The proliferation of network applications and central data stores has raised concerns of energy use, power infrastructure counts, reliability and cooling of data centers.
- In application specific segments, very strong unit growth for communication and industrial power management devices offset significant declines in consumer and computer devices.
- Some of the strongest analogue integrated circuit units’ growth in the first half of 2013 were from power management devices, which help extend useful battery life and operation of battery-powered portable and mobile systems.
Status of the Power Management Industry & Emerging Opportunities
- The expansion in infrastructure would include adequate allocation for power solutions, resulting in smooth routine operation and data transaction. While accounting for external factors such as economic setbacks or regulations on businesses, awareness about adopting power management into systems are increasing. The urgency of system upkeep and redeployment has convinced shareholders that the future market for sophisticated technologies enables energy efficiency and lower cost of ownership.
- Power management technology in telecommunication includes monitoring and measuring of individual segments which enables optimization of power consumption at lower energy efficient areas. The growing adoption rate of power management technology in telecommunication industry has garnered interest in other industries.
- Demand for technology innovation in high tech mobile devices such as smartphones, tablets, personal computers, and ultra notebooks continue to grow over the years. Such devices constantly demand energy efficiency.
- The inception of smart technologies will lead to increased power management demand in the long term to meet energy efficiency requirements and address environmental issues. The convergence of power management technology to manage, model, and monitor energy optimization is anticipated to enable smart factories, smart cities, smart buildings, smart computing, and other smart applications.
- Energy cost is proportionate to power consumption. As there is an increasing awareness in global environmental standards and green approaches, shareholders are seeking alternatives to reduce energy consumption. This in turn also lowers electricity costs. Other advantages include, high energy efficiency, lower total cost of ownership, and lower carbon emission.
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