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BCD Power IC Market to Grow by USD 10.4 Billion (2024-2028) as Smart Home and Grid Technologies Expand, with AI Driving Market Transformation- Technavio

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NEW YORK, Oct. 16, 2024 /PRNewswire/ — Report with the AI impact on market trends – The Global BCD Power IC Market size is estimated to grow by USD 10.4 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of about 5% during the forecast period. Growth in smart home and smart grid technology is driving market growth, with a trend towards miniaturization. However, power performance challenge in mobile computing  poses a challenge – Key market players include Analog Devices Inc., China Resources Power Holdings Co Ltd, Diodes Inc., Foundaries Inc., Hua Hong Semiconductor Ltd., Infineon Technologies AG, Inomize Ltd., MagnaChip Semiconductor Corp., NXP Semiconductors NV, ROHM Co. Ltd., STMicroelectronics International N.V., Taiwan Semiconductor Manufacturing Co. Ltd., Texas Instruments Inc., Tower Semiconductor Ltd., United Microelectronics Corp., and Vishay Intertechnology Inc..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Type (High-voltage BCD and High-density BCD), End-user (ICT, Consumer electronics, Automotive, Manufacturing, and Others), and Geography (APAC, Europe, North America, South America, and Middle East and Africa)

Region Covered

APAC, Europe, North America, South America, and Middle East and Africa

Key companies profiled

Analog Devices Inc., China Resources Power Holdings Co Ltd, Diodes Inc., GlobalFoundaries Inc., Hua Hong Semiconductor Ltd., Infineon Technologies AG, Inomize Ltd., MagnaChip Semiconductor Corp., NXP Semiconductors NV, ROHM Co. Ltd., STMicroelectronics International N.V., Taiwan Semiconductor Manufacturing Co. Ltd., Texas Instruments Inc., Tower Semiconductor Ltd., United Microelectronics Corp., and Vishay Intertechnology Inc.

Key Market Trends Fueling Growth

The BCD power IC market is experiencing significant growth due to the increasing trend of miniaturization in semiconductor technology. Manufacturers are focusing on producing smaller semiconductors for personal electronics that consume less power and offer efficient performance. This trend is driven by the advancements in technology that enable the development of flexible and compact electronic devices. BCD power ICs play a vital role in this scenario, as they provide the necessary power management functionality for these miniaturized devices. As a result, the market for BCD power ICs is expected to expand steadily during the forecast period. 

The BCD Power IC market is experiencing significant growth, particularly in the Automotive sector with the integration of Advanced Driver-assistance Systems (ADAS). Key automakers are seeking high power efficiency and energy-efficient devices to meet stringent energy regulations and reduce carbon emissions. In the Consumer Electronics industry, portable electronics and ICT applications require small, high-performance BCD Power ICs. Large, well-established companies and smaller specialized manufacturers are investing in 300mm wafer production and advanced technologies like HighVoltage BCD and HighDensity BCD. Dmos transistors, such as Bipolar-CMOS-DMOS, are in high demand for professional-grade and heavy-duty applications in industries like Industrial Control Systems. Additionally, BCD Power ICs are used in various consumer markets, including Camping, Hunting, Overland, Off-road, Beach, and Mountain snow activities, for powering portable devices and tools like collapsible metal shovels and truck recovery tools. The market is expected to continue growing due to increasing demand for energy-efficient devices and stringent energy regulations. 

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Market Challenges

The demand for advanced features in mobile devices, such as 3G, 4G LTE, Wi-Fi, Bluetooth, and NFC, has led to an increased focus on optimizing power performance. Power management technologies, previously integrated into application processors, face technical challenges due to the complexity and material compatibility required for lithography scaling. BCD power technology offers benefits such as building smaller, more innovative products, but comes with a higher manufacturing cost. Emerging technologies like DC-DC power converters and Transformative Integrated Power Solutions (TIPS) provide alternatives with high power density and efficiency at a similar price. These factors may limit the growth of the BCD power IC market during the forecast period.The BCD (Bipolar-Complementary Metal-Oxide-Semiconductor-Double Diffused) Power IC market is growing rapidly due to the increasing demand for energy-efficient and high-performance power management solutions in various industries. One of the main challenges in this market is the use of DMOS transistors in BCD technology. Foundries face difficulties in producing 300mm wafers with professional-grade BCD Power ICs that can handle heavy-duty applications, such as truck recovery tools, collapsible metal shovels, and power tools for van life, hunting, camping, overland, off-road, beach, and mountain snow environments. BCD Power ICs must be rugged and capable of operating in remote environments. They require high integration for analog circuits and digital content, power devices, embedded NVMS, and power IC designs. These ICs must have a 100V working voltage and be suitable for use in EVs and power management circuits. They should also offer reduced electromagnetic interference, miniaturization, and high-performance for DC-DC converters, LED drivers, battery management, motor drivers, connectivity solutions, microcontrollers, wearables, and smart home appliances. In summary, the BCD Power IC market faces challenges in producing power management solutions that are energy-efficient, high-performance, and capable of handling heavy-duty applications in various industries. Bipolar-CMOS-DMOS technology is essential for meeting these demands, and foundries must invest in advanced production techniques to meet the growing market needs.

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Segment Overview 

This bcd power ic market report extensively covers market segmentation by

Type 1.1 High-voltage BCD1.2 High-density BCDEnd-user 2.1 ICT2.2 Consumer electronics2.3 Automotive2.4 Manufacturing2.5 OthersGeography 3.1 APAC3.2 Europe3.3 North America3.4 South America3.5 Middle East and Africa

1.1 High-voltage BCD-  The BCD power IC market is driven by the growing demand for high-voltage integrated circuits in various industries. In particular, high-voltage BCD ICs, which allow the integration of low-voltage control circuits and high-voltage DMOS stages on the same chip, held the largest market share in 2023. This trend is attributed to the increasing adoption of smart home and smart grid technologies, as well as the rising demand for electronic devices such as cell phones, personal computers, hard disk drives, and gaming devices. The high-voltage BCD IC market is expected to continue its dominance during the forecast period due to these factors. Notably, the use of silicon on insulator (SOI) substrates in high-voltage BCD ICs targets specialized high-value applications in fields like electromedicine, automobile safety, and audio devices.

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Research Analysis

The BCD (Bipolar-CMOS-DMOS) power IC market encompasses a wide range of high-performance semiconductor solutions designed for power management applications. These ICs combine the advantages of bipolar and CMOS technologies, resulting in devices that offer both high-power handling capabilities and low-power consumption. BCD power ICs are used extensively in various industries, including consumer electronics, industrial control systems, and electric vehicles. They find applications in power management circuits, DC-DC converters, LED drivers, battery management systems, and more. The semiconductor sector continues to invest heavily in BCD-based PMIC technology, with a focus on miniaturization, reduced electromagnetic interference, and high-density production on 300mm wafers. BCD power ICs are essential for heavy-duty applications, such as truck recovery tools and collapsible metal shovels, as well as in consumer electronics, such as van life systems and hunting equipment. The growing demand for high-voltage and high-density BCD power ICs is driving innovation in the industry, with new solutions emerging to meet the needs of the evolving market. From powering professional-grade equipment to enabling the next generation of consumer electronics and electric vehicles, BCD power ICs are at the heart of the power management revolution.

Market Research Overview

The BCD (Bipolar-CMOS-DMOS) power IC market encompasses a wide range of high-performance power devices designed for various applications in rugged and remote environments. These applications include collapsible metal shovels, truck recovery tools, van life, hunting, camping, overland, off-road, beach, and mountain snow. BCD technology offers energy efficiency and high integration, making it suitable for power management circuits in EVs and other power-intensive devices. BCD technology also finds extensive use in professional-grade equipment, such as power IC designs for DC-DC converters, LED drivers, battery management, motor drivers, connectivity solutions, microcontrollers, and wearables. The market caters to industries like automotive, where BCD-based PMIC technology is used for power management solutions in advanced driver-assistance systems and graphics processing units. Fossil fuels and carbon emissions are major concerns, driving the demand for energy-efficient devices and stringent energy regulations. The market includes both large well-established companies and smaller specialized manufacturers, with CMOS technologies, low-power ICs, and high-performance ICs being key focus areas. Power density, miniaturization, and reduced electromagnetic interference are essential considerations in the development of BCD-based power ICs. The market also serves the consumer electronics and industrial control system sectors, with applications in high voltage and high-density BCD.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeHigh-voltage BCDHigh-density BCDEnd-userICTConsumer ElectronicsAutomotiveManufacturingOthersGeographyAPACEuropeNorth AmericaSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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TIER IV and Hitachi Astemo join hands on autonomous driving systems: Introducing SOAFEE-compliant SDV architecture

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TOKYO, Oct. 16, 2024 /PRNewswire/ — TIER IV, the pioneering force behind Autoware*, the world’s first open-source software for autonomous driving, is excited to announce the launch of a joint initiative with Hitachi Astemo to advance autonomous driving systems and software-defined vehicles (SDVs). This collaboration, leveraging Autoware’s capabilities, builds on both companies’ engagement with the Autoware Foundation (AWF) and Scalable Open Architecture for Embedded Edge (SOAFEE) initiative. With their sights set on 2030, the companies are intensifying their efforts to deliver innovative solutions for mass production vehicle models.

Amid major shifts in the automotive industry, a new class of suppliers dubbed Tier 0.5 is emerging, offering value-added solutions that go beyond conventional Tier 1 models. Positioned as a Tier 0.5 supplier, Hitachi Astemo provides comprehensive system solutions that consider the entire vehicle’s architecture. In line with this goal, the company is developing a reference system (Internet of Vehicles Platform: IoV PF) for system development tailored to the needs of automakers. Hitachi Astemo is also pioneering a cloud-native software architecture that facilitates development and standardizes specifications on the cloud. These innovations will significantly enhance development efficiency, elevate product quality, reduce costs, and enable faster time-to-market. The architecture will integrate Autoware as the core autonomous driving software.

TIER IV has been actively collaborating with key members of AWF and SOAFEE to define industry-standard and expand the reach of the Open AD Kit, a comprehensive referential development kit for autonomous driving systems built on Autoware. Looking forward, TIER IV plans to enhance clound-native environments for the kit and support the development of autonomous driving systems based on the SOAFEE-compliant SDV architecture. This collaboration will leverage Hitachi Astemo’s reference system to accelerate the next-generation Open AD Kit project.

In addition to these efforts, TIER IV is accelerating the development of a large-scale, cooperative machine learning operations (MLOps) infrastructure and embedded edge AI models specifically designed for autonomous driving systems. With the launch of the Co-MLOps project in January 2024, TIER IV will spearhead the creation of a global framework that allows companies worldwide to collaborate and share data, accelerating advancements in machine learning and edge AI development. These capabilities will be integrated into the Open AD Kit and will also be aligned with Hitachi Astemo’s reference system.

Through this joint development with Hitachi Astemo, TIER IV is committed to driving the development of autonomous driving systems that add significant value to automakers’ mass production models, shaping the future landscape of the automotive industry.

*Autoware is a registered trademark of the Autoware Foundation.

About TIER IV

TIER IV stands at the forefront of deep tech innovation, pioneering Autoware, the world’s first open-source software for autonomous driving Harnessing Autoware, we build scalable platforms and deliver comprehensive solutions across software development, vehicle manufacturing, and service operations. As a founding member of the Autoware Foundation, we are committed to reshaping the future of intelligent vehicles with open-source software, enabling individuals and organizations to thrive in the evolving field of autonomous driving.

Media Contact

pr@tier4.jp

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SOURCE TIER IV, Inc.

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INFINITIX ventures into Japan’s AI market by establishing INFINITIX Japan and attracting significant attention by showcasing its core product AI-Stack at Tokyo CEATEC 2024.

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TOKYO, Oct. 17, 2024 /PRNewswire/ — Taiwan’s AI infrastructure solutions leader, INFINITIX, has officially launched its Japanese subsidiary, INFINITIX Japan, to expand its presence in Japan’s AI market. This move aims to provide cutting-edge AI solutions, helping local businesses drive digital transformation, improve AI ROI, and foster innovation.

INFINITIX’s flagship product, AI-Stack, has seen great success in Taiwan, supporting businesses with AI infrastructure and partnering with top tech firms to launch Taiwan’s leading AI computing center, AICC. AI-Stack has earned NVIDIA’s Solution Advisor – Preferred Level certification as the preferred solution for AI infrastructure and GPU resource scheduling. With INFINITIX Japan, these successes will now extend to the Japanese market, helping businesses meet growing AI demands. As generative AI rises, companies face challenges like high GPU costs and increased hardware investments. INFINITIX addresses these with flexible GPU management, no-code setup, and automated workflows, boosting efficiency and AI ROI. The launch of INFINITIX Japan ensures fast, local support for business needs and system maintenance.

At Tokyo CEATEC from 2024 October 15 to 18, INFINITIX debuted its next-generation AI-Stack solution, drawing considerable attention from attendees. Through this event, INFINITIX aims to enhance its visibility in Japan, leveraging its strong AI capabilities to provide groundbreaking solutions for Japanese businesses, helping them gain a competitive edge in digital transformation.

The establishment of INFINITIX Japan marks another significant milestone in the company’s international expansion. This strategic move allows Infinitix to further penetrate the Asian market and continue its commitment to leading the AI industry, collaborating with Japanese businesses to create an intelligent future.

INFINITIX Inc.
Beyond AI, to infinity

INFINITIX specializes in AI GPU resource scheduling and management, helping businesses maximize GPU efficiency. As a global NVIDIA Inception Program partner since 2019 and Taiwan’s only AI software provider with NVIDIA Solution Advisor – Preferred Level certification, INFINITIX delivers top-tier AI infrastructure solutions with its AI-Stack platform, driving AI industry innovation.

For more information, please visit our official website: https://infinitix.co/

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SOURCE Infinitix Inc.

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Trip.com Obtains IATA GoGlobal Accreditation

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Trip.com’s IATA GoGlobal accreditation strengthens its recognition across the airline industry. Helps Trip.com access support services provided by IATA.

SINGAPORE, Oct. 17, 2024 /PRNewswire/ — Trip.com has received the International Air Transport Association’s (IATA) GoGlobal accreditation, the gold standard for travel agency validation and a milestone that recognises Trip.com’s ability to operate and work with global airlines across multiple markets. 

IATA GoGlobal Certification

IATA’s multi-country accreditation (also known as GoGlobal) is highly regarded and well-recognised as an accreditation model within the Passenger Sales Agency Rules. It recognises that the company has met rigorous global standards for handling international travel services within aviation, including ticketing and sales. Achieving IATA GoGlobal accreditation brings greater credibility and recognition to Trip.com, and helps simplify interaction with global airlines.

Building on a Strategic Partnership

This achievement follows Trip.com’s recent entry into IATA’s Strategic Partnership Program, strengthening relationships with key industry stakeholders. The decision to join was driven by Trip.com’s commitment to enhancing customer experience and staying at the forefront of product development and new technologies in the travel industry.

Looking ahead, Trip.com is excited to deepen cooperation with IATA to support industry innovation and shape the future of travel, creating a more connected and convenient journey for all.

“We welcome Trip.com on converting to the GoGlobal accreditation level. IATA accreditation allows travel agents to connect more conveniently with a wide range of travel industry partners, simplify their business relationship with airlines, and enhances their credibility with airlines and their customers. Given the scale of their operations around the world, we are delighted that Trip.com recognised the value in converting from multiple GoStandard accreditations to one at the GoGlobal level. We look forward to working with Trip.com and supporting them as they grow their business,” said Juan Antonio Rodriguez, IATA’s Director for Financial Settlement Operations.

Chee Teong Ooi, Trip.com Group’s VP of Global Flights Business and CEO of Travix said, “We are thrilled to have obtained IATA’s GoGlobal Accreditation as it affirms our capability to comply with multi-country financial criteria. As we continue to innovate and collaborate with IATA, we aim to enhance connectivity and convenience, providing an exceptional travel experience for everyone.” 

About Trip.com

Trip.com is an international one-stop travel service provider, available in 24 languages across 39 countries and regions in 35 local currencies. Trip.com has an extensive hotel and flight network consisting of more than 1.7 million hotels and flights from over 600 airlines covering 3,400 airports in 220 countries and regions around the globe. Trip.com‘s world-class 24/7 multilingual customer service, as well as additional centres in Edinburgh, Tokyo and Seoul, help to ‘create the best travel experience’ for its millions of customers worldwide. To book your next trip, visit Trip.com.

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SOURCE Trip.com

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