The Global Linear Regulator Market size is
projected to reach US$3.6 billion by 2027, growing at a CAGR of 5.2% from 2022
to 2027. The
growth can be attributed to the growing adoption of consumer electronics and the expansion of the automotive industry. According to IBEF, India’s consumer
electronics industry is estimated to be valued at US$17.9 billion by the end of
2025, which positively influences the Linear Regulator Industry Outlook.
However, lower proficiency and difficulty in the usage of these regulators are
affecting the Linear Regulator market size to grow.
Moreover, continuous R&D investments and initiatives taken by the government are influencing the Linear regulator industry. The widespread applications of these linear regulators such as multiple-output LDO regulators, ripple blocker LDOs, CMOS linear regulators and low-dropout linear regulators across various industry verticals such as electronics and telematics are increasing the demand. This in turn increases the Linear Regulator Market size. In December 2021, the Chinese government removed several limits on foreign investment to boost automotive manufacturing in the country, thereby boosting the adoption of Linear Regulators in the automotive industry.
North America generated approximately 29% of the global revenues in the Linear Regulator industry in 2021. Rapidly increasing demand for consumer electronics and the presence of a strong economy makes this region technologically advanced. In August 2021, Analog Devices acquired Maxim Integrated Products Inc. to capture more market share in the Linear regulator industry. Acquisitions and constant investments positively influence the Linear Regulator Industry Outlook in the North American region during the forecast period.
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Linear Regulator Market Growth Driver
Rapidly growing Consumer Electronics industry:
The growing demand for electronic devices and constant technological advancements in the telematics field are bringing innovative features to electronic devices. These are rapidly boosting the global consumer electronics industry forward. As a result, the demand for Linear regulators is also rising as they are an integral part of these systems. According to the U.S. Census Bureau and CTA, the value of smartphone sales in the U.S. reached US$74.7 billion in 2021. Linear regulators are used in products such as smartphones and wearables and the demand is expected to rise. Additionally, according to Cisco Systems, the number of connected wearable devices in North America is expected to grow to over US$439 million in 2022. These reports indicate the growth of the Consumer Electronics industry which in turn positively influence the Linear Regulator Industry Outlook.
Major Players in this Market
Major players in Linear Regulator Market include STMicroelectronics N.V., Texas Instruments Inc., Maxim Integrated Products Inc., Renesas Electronics Corp., Analog Devices, Inc. and Rohm Semiconductor.
In March 2022, ROHM Semiconductor announced QuiCur, a new power supply technology that improves the load transient response characteristics, including response speed and voltage stability of subsequent stages of low-dropout Linear Regulators.
Mr. Venkat Reddy