US Power Supply in Package Chip Market Size was estimated at 333.2 (USD Million) in 2023. The US Power Supply in Package Chip Market Industry is expected to grow from 375(USD Million) in 2024 to 650 (USD Million) by 2035. The US Power Supply in Package Chip Market CAGR (growth rate) is expected to be around 5.128% during the forecast period (2025 - 2035).
The US Power Supply in Package (PSiP) chip market is witnessing several important trends that are shaping its future. One of the key market drivers is the increasing demand for compact and energy-efficient solutions in consumer electronics, automotive, and industrial applications. The push for miniaturization in devices has led manufacturers to adopt PSiP technology, which integrates multiple functions into a single package, improving efficiency and reducing the footprint. The growth of electric vehicles in the US has also contributed significantly, as these vehicles require advanced power management systems to optimize battery performance and extend range.Opportunities in the US market can be explored through partnerships and collaborations between semiconductor companies and automotive manufacturers.
The growing trend towards smart cities and the Internet of Things (IoT) in urban areas opens avenues for PSiP applications, particularly in smart grids and connected devices. Additionally, government initiatives promoting renewable energy sources and energy efficiency can provide avenues for innovation and investment in PSiP technologies. In recent times, there has been an increased focus on power density, thermal management, and reliability of power supply solutions, driven by the need for higher performance in a wide range of applications.
The US government has been actively encouraging advancements in semiconductor technologies through various funding programs and incentives, further boosting research and development in this space. As companies continue to innovate and adapt to changing consumer demands, the US Power Supply in Package chip market is set to evolve, driven by these key trends and backed by supportive regulatory frameworks.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
The US Power Supply in Package Chip Market Industry is witnessing a significant surge in demand for energy-efficient solutions, primarily driven by increasing consumer awareness regarding energy consumption and the subsequent rise in utility costs. According to the U.S. Department of Energy, energy efficiency improvements can lower energy consumption by up to 30%, leading to a substantial reduction in electricity bills for consumers, thereby propelling the market for power supply solutions.
Additionally, major companies like Texas Instruments and Analog Devices are investing heavily in Research and Development for creating more compact and efficient power supply solutions, which is expected to further drive growth in this industry as manufacturers look to comply with energy regulations set forth in various states across the US.
The rapid advancements in consumer electronics are driving the growth of the US Power Supply in Package Chip Market Industry significantly. The Consumer Electronics Association reported a steady increase in sales of smart devices, such as smartphones, tablets, and wearable technology, leading to a projected market growth of 10% annually. This growth in demand for high-performance devices necessitates innovative power supply components that can deliver increased efficiency and reliability.Leading firms like Qualcomm and Intel are focusing on integrating advanced power supply solutions into their product lines, supporting the shift toward more powerful, efficient electronic devices.
Government policies in the US aimed at promoting renewable energy and energy efficiency are significantly impacting the US Power Supply in Package Chip Market Industry. The U.S. government has set ambitious energy goals that include a 50% reduction in greenhouse gas emissions by 2030 and significant financial backing for sustainable technologies. The Federal Energy Regulatory Commission is providing incentives for companies to adopt energy-efficient practices, thereby stimulating demand for innovative power supplies. For instance, firms like SunPower and NextEra Energy are benefiting from these initiatives, creating new opportunities in the market and fostering a robust environment for the growth of power supply technologies.
The Application segment of the US Power Supply in Package Chip Market is experiencing notable growth as it spans across various industries, each contributing to the advancement and diversification of the market. Medical Devices represent a significant portion of this segment, driven by the continuous innovation in healthcare technology. The demand for reliable power solutions is crucial for devices such as imaging equipment, monitoring systems, and implantable devices, which require efficient energy management and compact design.
Meanwhile, the Automotive sector is evolving with the rise of electric vehicles and advanced driver-assistance systems, with the demand for Power Supply in Package chips emerging as essential components for enhancing vehicle performance and energy efficiency.Consumer Electronics is another key area where these power solutions are in high demand, as the market sees a continual push toward smaller, more efficient devices, including smartphones, tablets, and wearables, necessitating power solutions that maximize battery life while minimizing size.
Furthermore, the Military and Defense sector values these chips for their reliability and robustness, essential for operations in harsh environments, where power integrity can significantly impact mission success. The Telecom and IT segments are also critical, as they require efficient power management to ensure smooth operations for data centers and telecommunications equipment, aiding in the drive toward higher network reliability and reduced energy consumption.This segment continues to evolve, supported by technological advancements and increasing demands across multiple industries, leading to dynamic market growth and significant opportunities for innovation and development within the US Power Supply in Package Chip Market. The trends observed indicate a clear trajectory towards miniaturization, efficiency, and enhanced performance, influencing the strategic direction of the market as it adapts to meet the increasing demands of various applications.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
The US Power Supply in Package Chip Market has been evolving with a focus on various product types, particularly Power Supply Integrated Package (PSIP) and Power System on Chip (PwrSoc). PSIP is essential for providing compact energy solutions, enabling efficiency in automotive and consumer electronics applications. The growing demand for miniaturization and increased energy efficiency is driving the relevance of PSIP in market trends. PwrSoc, on the other hand, represents a significant advancement as it combines multiple power functions, contributing to reduced board space and synergy in designs, which is particularly vital for Internet of Things (IoT) devices and smart technology.
The ongoing shift towards more efficient, integrated solutions provides ample opportunities for innovation in these segments, promoting sustainable practices in energy consumption. Additionally, awareness of energy management and regulatory pressures for more efficient products further enhances the importance of these two product types within the US Power Supply in Package Chip Market, ultimately supporting its growth and adaptation to market needs.
The US Power Supply in Package Chip Market is characterized by a diverse array of competitors, each strategically positioning themselves to capture significant market share. The competitive landscape is influenced by rapid technological advancements, growing demands for energy-efficient solutions, and increasing applications in various sectors such as consumer electronics, telecommunications, and automotive. Companies are continually innovating to enhance their product offerings, focusing on integrating more functionality into compact designs, which is essential in meeting the evolving needs of customers.
The market dynamics reflect a blend of established players and emerging start-ups, navigating challenges such as supply chain disruptions and fluctuating raw material costs, while striving to secure partnerships and collaborations that bolster their competitive stance.Microchip Technology has established a strong foothold in the US Power Supply in Package Chip Market by leveraging its expertise in high-performance analog and mixed-signal solutions. The company is renowned for its comprehensive portfolio that encompasses microcontrollers, analog products, and power management devices, which are essential components in power supply applications.
This extensive product range allows Microchip Technology to cater to various market segments, enhancing its appeal to a broad customer base. The company prides itself on its commitment to innovation and customer-centricity, often prioritizing R&D initiatives that culminate in cutting-edge technologies. With a robust manufacturing capability and strong distribution channels, Microchip Technology has succeeded in maintaining a significant market presence, exhibiting resilience amidst competitive pressures.Advanced Micro Devices maintains a noteworthy presence in the US Power Supply in Package Chip Market, recognized for its advanced semiconductor technology solutions.
The company specializes in designing high-performance computing and graphics products that cater to a wide array of applications, including power supply systems. Its strengths lie in its ability to innovate with key products such as the Ryzen series processors and Radeon graphics cards, which can be integrated into power management systems. Advanced Micro Devices has embarked on strategic mergers and acquisitions that bolster its product portfolio and enhance market competitiveness.
The company has effectively positioned itself to capitalize on trends toward increased computational capabilities and energy efficiency, attracting partnerships with leading industry players. With ongoing investment in research and development, Advanced Micro Devices continues to enhance its offerings, ensuring relevance in a rapidly evolving market landscape.
In the US Power Supply in Package Chip Market, there have been significant recent developments, particularly related to key players such as Microchip Technology, Advanced Micro Devices, Infineon Technologies, and Texas Instruments. For instance, in September 2023, Microchip Technology announced a new series of power management solutions aimed at enhancing energy efficiency in automotive applications, responding to increasing market demand for high-performance chips. Additionally, Advanced Micro Devices revealed plans in August 2023 to expand its production capacity to meet the rising needs of consumer electronics, which reflects overall growth in the semiconductor sector.
Moreover, there were reports of increased mergers and acquisitions. In July 2023, Infineon Technologies acquired Cypress Semiconductor, bolstering its position in the power supply segment. Similarly, ON Semiconductor has been actively pursuing strategic partnerships to leverage advanced technologies in power efficiency. Market valuations are climbing, driven by increased application of power supply chips in electric vehicles and renewable energy sectors. As of the last two years, regulations are also pushing manufacturers towards eco-friendly solutions, thereby impacting growth trajectories and innovation within the market.
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2018 | 333.2 (USD Million) |
| MARKET SIZE 2024 | 375.0 (USD Million) |
| MARKET SIZE 2035 | 650.0 (USD Million) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 5.128% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| HISTORICAL DATA | 2019 - 2024 |
| MARKET FORECAST UNITS | USD Million |
| KEY COMPANIES PROFILED | Microchip Technology, Advanced Micro Devices, Infineon Technologies, Cypress Semiconductor, Maxim Integrated, Qualcomm, Vishay Intertechnology, Intel, Broadcom, Renesas Electronics, Analog Devices, Texas Instruments, STMicroelectronics, ON Semiconductor, NXP Semiconductors |
| SEGMENTS COVERED | Application, Product Type |
| KEY MARKET OPPORTUNITIES | Rising demand for energy efficiency, Growth in electric vehicle market, Expansion of IoT applications, Increasing adoption of renewable energy, Smart home device integration |
| KEY MARKET DYNAMICS | Technological advancements, Rising demand for efficiency, Increased integration of IoT, Growing renewable energy adoption, Miniaturization and compact designs |
| COUNTRIES COVERED | US |
Frequently Asked Questions (FAQ) :
The US Power Supply in Package Chip Market is expected to be valued at 375.0 million USD in 2024.
By 2035, the market is expected to reach a valuation of 650.0 million USD.
The market is expected to grow at a CAGR of 5.128% during the forecast period from 2025 to 2035.
The Consumer Electronics segment is projected to generate 110.0 million USD in 2024, holding the largest share.
The Medical Devices segment is expected to grow from 65.0 million USD in 2024 to 120.0 million USD by 2035.
Major players include Microchip Technology, Qualcomm, Infineon Technologies, and Texas Instruments.
The Automotive application segment is expected to reach a market value of 150.0 million USD by 2035.
The Telecom and IT segment is expected to be valued at 70.0 million USD in 2024.
The Military and Defense segment is projected to have a market value of 85.0 million USD by 2035.
Current global scenarios may influence supply chain dynamics but the market is anticipated to continue its growth trajectory.
Leading companies partner with us for data-driven Insights.
Kindly complete the form below to receive a free sample of this Report
Analyst Explore the profile of garvit vyas, one of our esteemed authors at market research future, and access their expert research contributions in the field of market research and industry analysis
Get in Touch
© 2025 Market Research Future ® (Part of WantStats Reasearch And Media Pvt. Ltd.)
