Linear Voltage Regulators Market Size, Share, and Trends 2024 to 2034

Linear Voltage Regulators Market Size and Manufacturers

The global linear voltage regulators market size was reached at USD 3.5 billion in 2022 and it is expected to hit around USD 6.2 billion by 2032, growing at a CAGR of 5.88% during the forecast period from 2023 to 2032.

A mechanism used to keep a constant voltage is called a linear voltage regulator. A constant output voltage is achieved by the regulator's resistance, which fluctuates with the load. This regulating component functions as a variable resistor and continually modifies the voltage divider network to maintain a constant output voltage.

Key Takeaways:

• The automotive sector had the largest market share, accounting for 32% revenue share in 2022.
• The Asia pacific region has generated more than 45% of the revenue share in 2022.
• The Europe region is expected to expand at a CAGR of 4.8% from 2023 to 2032.

Growth Factor:

The need for more efficient devices to provide an appropriate voltage and current supply to industries is growing quickly as a result of the continuous advances in electronic components and enormous industrialization. Today, the manufacturing of electronic parts is rising quite quickly, and linear voltage regulators are one of such parts. The need for linear voltage regulators that can deliver a consistent DC output voltage is growing throughout sectors. The use of linear voltage regulators in industrial applications is also anticipated to grow, as these regulators have circuitry that keeps the output voltage constant despite variations in load current or input voltage.

For the purpose of maintaining constant voltage levels, a linear voltage regulator is employed. Linear voltage regulators produce a constant output voltage by varying their resistance in response to changes in the load. The linear voltage regulators change the voltage divider network by serving as a variable resistor, which aids in stabilizing the output voltage. The usage of linear voltage regulators in electronic devices and the widespread use of linear regulators in integrated circuit (IC) form are both a result of these advantages.

One major driver of the global market for linear voltage regulators is the quick rise in the production of electronic components. For the purpose of maintaining constant voltage levels, a linear voltage regulator is employed. Linear voltage regulators produce a constant output voltage by varying their resistance in response to changes in the load.

The linear voltage regulators change the voltage divider network by serving as a variable resistor, which aids in stabilizing the output voltage. The usage of linear voltage regulators in electronic devices and the widespread use of linear regulators in integrated circuit (IC) form are both a result of these advantages. One major driver of the global market for linear voltage regulators is the quick rise in the production of electronic components. Another key element contributing to the growing use of linear voltage regulators across several business verticals.

• The need for voltage regulators is rising in the automobile sector to fulfill the strict pollution and fuel economy rules.
• Increasing demand from the telecommunications industry for voltage regulators to meet rising data traffic and network reliability standards.
• The increasing use of UPSs, which need voltage regulators as a backup power source during power outages or brownouts.
• The growth of smart grid technologies, which require effective voltage management to provide a steady supply of electricity to both consumers and businesses.
• Growing demand from developing nations as a result of population growth and quick industrialization.

Linear Voltage Regulators Market Scope:

Linear Voltage Regulators Market Dynamics:

Key Market Drivers:

Growing needs for electricity and power.

The primary forces propelling the market's expansion are rapid industrialization, particularly in developing nations, and the rising demand for energy and power from the residential and commercial sectors. To maintain a constant voltage and guarantee an unbroken supply of electricity, voltage regulators are installed in distribution lines and substations. Additionally, the market is expanding due to the rising demand for consumer electronics and vehicles that require voltage regulators in smart electronic devices. 

Electronic variations include extra circuits for safety against short circuits, thermal shutdowns, and overvoltage in addition to a steady voltage supply that suppresses ripple voltage. It is projected that further factors, including the construction of new and upgraded energy transmission and distribution (T&D) networks and the adoption of supportive government policies for voltage control, would further propel the industry.

Increasing usage of linear voltage regulators in multiple applications.

Due to the increased urbanization and rising spending power of consumers, there is a growth in demand for smart electronic items such as laptops, coffee makers, grillers, toasters, and PCs. This is one of the key drivers supporting the market expansion, along with the booming electronics industry. Additionally, the need for voltage regulators is being fueled by the increased use of energy in residential, commercial, and industrial settings. Additionally, it might be ascribed to the rising number of HVAC (heating, ventilation, and air conditioning) system installations.

Furthermore, the governments of various nations are funding the creation of smart cities, which is bolstering the expansion of the industry. Voltage regulators are also utilized in the main parts of passenger and commercial vehicles. The market is being favorably impacted by this as well as the growing emphasis on enhancing passenger and driver safety.

Additionally, it is projected that the incorporation of electronic voltage regulators, which may assist in supplying a steady voltage source and contain extra circuits for protection against short circuits, thermal shutdowns, and overvoltage, would generate a favorable picture for the market.

A significant driver of market expansion is the rising demand for LDO in the consumer electronics and communications end-use sectors. The need for microcontrollers to deliver power to linked devices has expanded as a result of the rising number of smartphones, tablets, laptops, notebooks, and other electronic devices. Additionally, growing awareness of the need to safeguard the environment from dangerous gases released by the batteries used in these goods will support industry expansion throughout the projection period.

Government restrictions on the use of lead and mercury in PSEs, like as the RoHS directive established by the European Commission, continue to favor linear regulators since they are non-toxic when disposed of once the product life cycle is complete.

Key Market Challenges:

Low efficiency.

The poor efficiency of voltage regulators in comparison to switching voltage regulators is one of the issues limiting their expansion. Additionally, linear voltage regulators are difficult to operate since their parts need to be replaced and maintained on a regular basis.

Other significant constraints limiting the growth of the market for linear voltage regulators are the need for space created by the heat sink and the fact that these regulators cannot raise the voltage above the input.

Key Market Opportunities:

Lucrative opportunities in the automotive sector.

Organizations from all over the world are now enticed to invest in the automobile business. Because many manufacturers of linear voltage regulators are concentrating on include features like watchdog, reset, and early warning in their products, employing linear voltage regulators in autos is beneficial in difficult situations.

Linear voltage regulators are also advantageous for usage in autos since they produce steady output voltage for all automotive applications.

Thus, throughout the forecast period, the worldwide market for linear voltage regulators is anticipated to benefit from a rise in the usage of linear voltage regulators in the automotive industry.

End User Insights:

In 2022, the automotive sector had the highest market share of around 32%. The automotive industry has grown to be a popular investment target for businesses all around the world. Since many linear voltage regulator manufacturers are concentrating on providing features like watchdog, reset, and early warning, the use of linear voltage regulators in vehicles is advantageous under challenging settings. Additionally, because they generate steady output voltage for all automotive applications, linear voltage regulators in autos are desirable.

Thus, during the course of the forecast period, the global market for linear voltage regulators is projected to benefit greatly from the increase in the usage of linear voltage regulators in the automotive industry. Since the electrical and electronics (E&E) sector needs a steady and ripple-free power supply, linear voltage regulators are widely utilized in this sector. The ability to change greater input voltage to lower output voltage is another feature of linear voltage regulators.

Furthermore, since the linear voltage regulator lacks a switching device, it has incredibly low output ripple and spectrum noise. Linear voltage regulators are therefore widely employed in both wired and wireless communication systems.

Additionally, by maintaining a consistent output voltage regardless of changes in the load delivered to the system, linear voltage regulators are employed in power distribution systems to reduce the likelihood of short-circuit current. These benefits are driving up demand for linear voltage regulators in the electrical and electronics industries. During the forecast period, this is anticipated to boost the worldwide market for linear voltage regulators.

Administration Analysis Insights:

The market is divided into low dropout and standard segments according on the type. Market share for low-drop outline linear voltage regulators is sizable. Even when the supply voltage is close to the output voltage, the low drop out linear voltage regulator can control the output voltage. The absence of switching noise, reduced device size, and higher design simplicity are further benefits of employing this regulator.

Regional Insights:

The Asia Pacific region has accounted for 45% of the revenue share in 2022. Due to the rising manufacturing of consumer electronic gadgets in emerging nations like China, India, and others, APEJ maintains a significant market share in terms of revenue creation from the sales of linear voltage regulators. The availability of inexpensive raw materials and reduced labor costs in these nations is the main factor driving the growth in the manufacturing of linear voltage regulators.

Given that this area has the biggest need for voltage maintenance technology, North America and Europe are the second-largest markets for linear voltage regulators. As a result of the presence of multiple manufacturers of linear voltage regulators in Europe and their ongoing investments in the field of voltage regulators, Europe is predicted to dominate the global linear voltage regulator market during the projection period. However, throughout the projected period, the demand for linear voltage regulators is anticipated to expand at a modest CAGR in the MEA region.

Recent Developments:

• A Texas device known as the TPS7A02 low dropout linear regulator was released in September 2019 and coupled a very low IQ with a quick transient response. Quiescent current of less than 25nA according to Texas Instruments. Faster wake-up times are made possible by its quick transient reaction, which is said to be the fastest in class. This enhances application response time and dynamic performance.

Linear Voltage Regulators Market Companies:

• Texas Instruments
• ROHM Semiconductor
• Intersil
• Richtek Technology
• Maxim Integrated
• Anaren
• Analog Devices Inc.
• NXP
• ON Semiconductor
• TE Connectivity
• Parallax
• Skyworks
• Semtech
• Diodes Incorporated
• Exar
• Seiko Instrument
• Microchip Technology

Segments Covered in the Report:

By End User

• Commercial 
• Residential
• Industrial
• Automotive 

By Administration Analysis

• Standard
• LDO

By Geography

• North America
• Europe
• Asia-Pacific
• Latin America
• The Middle East and Africa