Market Overview:
The global PFC (Power Factor Correction) Control IC market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for electric vehicles and power storage systems, and rising adoption of semiconductor testing in various applications. Asia Pacific is expected to be the fastest-growing region during the forecast period, followed by Europe.
 Control IC Industry Outlook.svg)
Product Definition:
A PFC (Power Factor Correction) Control IC is a chip that helps improve the power factor of an electronic device by regulating the flow of current. This is important because it can help reduce energy consumption and save money on utility bills.
Above 20 V and Below 80 V:
The power factor correction control ICs are used to correct the power factor in high-frequency AC circuits. The normal power supply has a range of 80 V to 120 V; however, some equipment require a special kind of voltage called “high voltage” which is above the normal voltage range. For example, some electronic devices such as electric motors need more than 120 V to run and they produce excess heat while working at high voltages.
Above 100 V and Below 200 V:
The PFC (Power Factor correction) control ICs are used to correct the power factor in high voltage DC systems. The normal power supply has a range of 110 to 120 V and it is called an AC power supply. However, some applications require higher voltages such as those from transformers that can deliver the high voltage DC up to 130-160 V. Such a system requires special components that can handle high voltages without any damage or failure occurrence.
Application Insights:
The power factor correction application has witnessed a surge in demand due to the growing need for efficient power factor correction control devices in various industries. The industry is witnessing significant growth owing to the increasing adoption of energy-efficient products and technologies across end-use markets, such as residential, commercial and industrial applications.
The telecom sector is one of the major consumers of PFC controllers as they help improve power efficiency by reducing excess generation capacity that leads to unneeded electricity consumption. In addition, these controllers also offer benefits such as improved line quality and increased network reliability which are likely to drive their demand over the forecast period. PFC controller based telecommunication systems have been gaining popularity among service providers who are looking for cost-effective solutions that can deliver high performance while saving energy at an economical rate.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for power factor correction devices from various end-use industries in China, Japan, and India. In addition, rising number of manufacturing facilities in this region coupled with growing awareness about PFC compliance is anticipated to drive the APAC market further.
The North America and Europe markets are relatively mature; hence they are estimated to account for a major share by 2030. However, these regions may witness a decline in terms of revenue owing to stringent government regulations on energy consumption coupled with implementation of International Electrotechnical Commission (IEC) standards related to power factor correction products across several countries including U.S.
Growth Factors:
- Increasing demand for energy-efficient devices: The global market for power factor correction (PFC) control ICs is expected to grow at a CAGR of 9.5% from 2016 to 2021. This growth can be attributed to the increasing demand for energy-efficient devices, such as smartphones, tablets, and laptops.
- Growing popularity of LED lighting: LED lighting is becoming increasingly popular due to its high efficiency and long life span. As a result, the market for PFC control ICs used in LED lighting applications is expected to grow at a CAGR of 10% from 2016 to 2021.
- Rising demand from data centers: The data center market is growing rapidly due to the increasing use of cloud computing and big data analytics technologies worldwide. As a result, the market for PFC control ICs used in data center applications is expected to grow at a CAGR of 11% from 2016to 2021 .
Scope Of The Report
Report Attributes
Report Details
Report Title
PFC (Power Factor Correction) Control IC Market Research Report
By Type
Above 20 V and Below 80 V, Above 100 V and Below 200 V, Above 200 V and Below 350 V, Above 350 V
By Application
EV and Power Storage System, Semiconductor Testing, Telecommunication, Medical and Military, Industrial Control and Security Device, Others
By Companies
TI, Toshiba, Infineon, STMicroelectronics, ROHM, NXP Semiconductors, Princeton Technology, TI
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global PFC (Power Factor Correction) Control IC Market Report Segments:
The global PFC (Power Factor Correction) Control IC market is segmented on the basis of:
Types
Above 20 V and Below 80 V, Above 100 V and Below 200 V, Above 200 V and Below 350 V, Above 350 V
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
EV and Power Storage System, Semiconductor Testing, Telecommunication, Medical and Military, Industrial Control and Security Device, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- TI
- Toshiba
- Infineon
- STMicroelectronics
- ROHM
- NXP Semiconductors
- Princeton Technology
- TI
 Control IC Market Overview.svg)
Highlights of The PFC (Power Factor Correction) Control IC Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Above 20 V and Below 80 V
- Above 100 V and Below 200 V
- Above 200 V and Below 350 V
- Above 350 V
- By Application:
- EV and Power Storage System
- Semiconductor Testing
- Telecommunication
- Medical and Military
- Industrial Control and Security Device
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the PFC (Power Factor Correction) Control IC Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Control IC Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A PFC (Power Factor Correction) IC is an integrated circuit that detects and corrects power factor errors in electrical systems. Power factor correction can improve system efficiency and reliability by reducing the amount of energy lost to noise and interference.
Some of the major companies in the pfc (power factor correction) control ic market are TI, Toshiba, Infineon, STMicroelectronics, ROHM, NXP Semiconductors, Princeton Technology, TI.
The pfc (power factor correction) control ic market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 PFC (Power Factor Correction) Control IC Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 PFC (Power Factor Correction) Control IC Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 PFC (Power Factor Correction) Control IC Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the PFC (Power Factor Correction) Control IC Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global PFC (Power Factor Correction) Control IC Market Size & Forecast, 2018-2028
4.5.1 PFC (Power Factor Correction) Control IC Market Size and Y-o-Y Growth
4.5.2 PFC (Power Factor Correction) Control IC Market Absolute $ Opportunity
Chapter 5 Global PFC (Power Factor Correction) Control IC Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 PFC (Power Factor Correction) Control IC Market Size Forecast by Type
5.2.1 Above 20 V and Below 80 V
5.2.2 Above 100 V and Below 200 V
5.2.3 Above 200 V and Below 350 V
5.2.4 Above 350 V
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global PFC (Power Factor Correction) Control IC Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 PFC (Power Factor Correction) Control IC Market Size Forecast by Applications
6.2.1 EV and Power Storage System
6.2.2 Semiconductor Testing
6.2.3 Telecommunication
6.2.4 Medical and Military
6.2.5 Industrial Control and Security Device
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PFC (Power Factor Correction) Control IC Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 PFC (Power Factor Correction) Control IC Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America PFC (Power Factor Correction) Control IC Analysis and Forecast
9.1 Introduction
9.2 North America PFC (Power Factor Correction) Control IC Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America PFC (Power Factor Correction) Control IC Market Size Forecast by Type
9.6.1 Above 20 V and Below 80 V
9.6.2 Above 100 V and Below 200 V
9.6.3 Above 200 V and Below 350 V
9.6.4 Above 350 V
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America PFC (Power Factor Correction) Control IC Market Size Forecast by Applications
9.10.1 EV and Power Storage System
9.10.2 Semiconductor Testing
9.10.3 Telecommunication
9.10.4 Medical and Military
9.10.5 Industrial Control and Security Device
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe PFC (Power Factor Correction) Control IC Analysis and Forecast
10.1 Introduction
10.2 Europe PFC (Power Factor Correction) Control IC Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe PFC (Power Factor Correction) Control IC Market Size Forecast by Type
10.6.1 Above 20 V and Below 80 V
10.6.2 Above 100 V and Below 200 V
10.6.3 Above 200 V and Below 350 V
10.6.4 Above 350 V
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe PFC (Power Factor Correction) Control IC Market Size Forecast by Applications
10.10.1 EV and Power Storage System
10.10.2 Semiconductor Testing
10.10.3 Telecommunication
10.10.4 Medical and Military
10.10.5 Industrial Control and Security Device
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific PFC (Power Factor Correction) Control IC Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific PFC (Power Factor Correction) Control IC Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific PFC (Power Factor Correction) Control IC Market Size Forecast by Type
11.6.1 Above 20 V and Below 80 V
11.6.2 Above 100 V and Below 200 V
11.6.3 Above 200 V and Below 350 V
11.6.4 Above 350 V
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific PFC (Power Factor Correction) Control IC Market Size Forecast by Applications
11.10.1 EV and Power Storage System
11.10.2 Semiconductor Testing
11.10.3 Telecommunication
11.10.4 Medical and Military
11.10.5 Industrial Control and Security Device
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America PFC (Power Factor Correction) Control IC Analysis and Forecast
12.1 Introduction
12.2 Latin America PFC (Power Factor Correction) Control IC Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America PFC (Power Factor Correction) Control IC Market Size Forecast by Type
12.6.1 Above 20 V and Below 80 V
12.6.2 Above 100 V and Below 200 V
12.6.3 Above 200 V and Below 350 V
12.6.4 Above 350 V
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America PFC (Power Factor Correction) Control IC Market Size Forecast by Applications
12.10.1 EV and Power Storage System
12.10.2 Semiconductor Testing
12.10.3 Telecommunication
12.10.4 Medical and Military
12.10.5 Industrial Control and Security Device
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) PFC (Power Factor Correction) Control IC Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) PFC (Power Factor Correction) Control IC Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) PFC (Power Factor Correction) Control IC Market Size Forecast by Type
13.6.1 Above 20 V and Below 80 V
13.6.2 Above 100 V and Below 200 V
13.6.3 Above 200 V and Below 350 V
13.6.4 Above 350 V
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) PFC (Power Factor Correction) Control IC Market Size Forecast by Applications
13.10.1 EV and Power Storage System
13.10.2 Semiconductor Testing
13.10.3 Telecommunication
13.10.4 Medical and Military
13.10.5 Industrial Control and Security Device
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 PFC (Power Factor Correction) Control IC Market: Competitive Dashboard
14.2 Global PFC (Power Factor Correction) Control IC Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 TI
14.3.2 Toshiba
14.3.3 Infineon
14.3.4 STMicroelectronics
14.3.5 ROHM
14.3.6 NXP Semiconductors
14.3.7 Princeton Technology
14.3.8 TI
