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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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LG webOS Transforms Home Entertainment with Effortless Content Discovery and Seamless Viewing Experience

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The platform puts the user at the centre, creating a simple and intuitive path to great content

LG Electronics’ webOS serves as a central entertainment hub, bringing together streaming services, live TV, and free channels in one place, designed to make content easier to find and enjoy.A clean, intuitive interface reduces complexity, helping viewers navigate content smoothly and naturally without friction.Personalized recommendations surface relevant content based on viewing habits, simplifying choices and reducing time spent searching.

DUBAI, UAE, May 12, 2026 /PRNewswire/ — LG Electronics continues to enhance home entertainment with webOS, a platform that seamlessly integrates streaming services, live TV, free channels and multiple of functionalities, including AI and voice control, all accessible on a single platform. Designed with the user experience at its core, webOS streamlines the viewing experience by organizing content across apps and services, helping viewers find and enjoy their favorite content more easily.

 

 

One Place for All Content

webOS is a one-stop entertainment destination, integrating streaming services, live TV, gaming, and LG Channels into a single, seamless experience. Users can access a wealth of free content on LG Channels without the need for downloads or subscriptions, significantly enhancing the ease of access. This streamlined approach reduces the steps required to find and enjoy content, allowing viewers to dive straight into their favorite shows and movies.

A Simpler Way to Navigate

The webOS interface emphasizes clarity and ease. The home screen keeps content prominently displayed and navigation straightforward, ensuring viewers spend less time sifting through menus and more time enjoying what they love. Every aspect of the interface is crafted with the viewing experience in mind, prioritizing user engagement over technical complexity.

Finding Content Without the Effort

By analysing viewing habits, webOS intelligently curates relevant content, making discovery faster and more intuitive. Instead of overwhelming users with choices, the platform simplifies decision-making, helping them find enjoyable content without the search feeling like a chore.

A Viewing Experience Built Around the User

Across its smart TV lineup, LG has designed webOS to embody a straightforward principle: technology should enhance the viewer’s experience. The result is a platform that feels premium and refined while remaining incredibly easy to use. With webOS, the focus shifts back to the joy of watching, ensuring that the entertainment experience is as seamless and satisfying as possible, making it the ultimate content-first, user-centric solution in the smart TV landscape.

Enhanced Stadium-Scale Sports Viewing Experience with Real-Time Updates

The 2026 LG QNED evo TVs equipped with webOS 26 provides users exciting viewing experience with LG Sports Portal, real-time Sports Alert and more. These are designed to provide users an easy way to follow sport events, from the comfort of your home. The Sports Portal serves as a centralized hub for live sport content, scores, match schedules, and group rankings, allowing football fans all-in-one access to key information without switching apps or devices. The Sports Alert feature enabled via My Page allows users to receive notifications for selected teams and leagues, including score updates, match results, and upcoming games, while the AI Concierge card can also easily help discover key stats just via voice activation as part of the daily routine.

In a world where content is abundant, but navigation can be complex, LG webOS stands out as the solution that puts the viewer in control, enhancing enjoyment through simplicity and ease of access.

About webOS platform

The webOS platform has powered LG TVs for over a decade, earning acclaim for its user-friendly interface that allows for easy navigation and customization. With a growing ecosystem of global partners, webOS is set to drive LG’s future growth across multiple devices and out-of-home experiences.

LG Channels, LG’s exclusive free streaming service, offers a wide selection of premium live and on-demand programming, including movies, TV shows, news, sports, comedy, anime and more. With an always growing number of channels, owners of LG TVs, smart monitors or projectors can easily discover their favorite programs by launching the LG Channels app. LG Channels is also available for Automotive and Hotel TV. For more news on webOS for Smart TV, visit www.lg.com

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View original content:https://www.prnewswire.co.uk/news-releases/lg-webos-transforms-home-entertainment-with-effortless-content-discovery-and-seamless-viewing-experience-302769336.html

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From Coffee Grounds to Carbon Cutting: Master Concept and Geotab Reframe Logistics Efficiency in Malaysia

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KUALA LUMPUR, Malaysia, May 12, 2026 /PRNewswire/ — Can the secret to a more profitable fleet be found in a cup of coffee?

Master Concept, a leading cloud technology and digital transformation consultancy, recently hosted “Brewing Efficiency: Coffee, Carbon, and Better Fleets” at The Next Door of Little Eden Succulents. This exclusive event gathered Malaysia’s logistics leaders to explore the intersection of geospatial AI, telematics, and environmental responsibility, concluding with a unique hands-on coffee upcycling workshop.

“If we want to build a better future for transport, we must build it where drivers, thinkers, and dreamers already gather,” said Athena Wong, Regional Director of Geospatial Solutions at Master Concept, during the opening.

The Future of Mobility: Efficient and Sustainable
As Malaysia intensifies its ESG commitment, the logistics sector is under pressure to decarbonize. Master Concept, in partnership with global IoT leader Geotab, demonstrated how data-driven insights drive leaner, greener operations.

The session highlighted how the Google Maps Platform is revolutionizing the “outside world.” By leveraging AI-driven mapping—including location imagery, road conditions, and driver navigation—businesses can navigate the environment with unprecedented clarity.

To complement this, Geotab showcased vehicle insights beyond standard GPS tracking. By monitoring fuel efficiency, engine health, and driver safety, businesses move from reactive to proactive management. Together, these tools allow fleets to optimize routes and significantly reduce fuel consumption.

“Efficiency and sustainability are two sides of the same coin,” Athena added. “Through AI, we are giving fleet managers ‘superpowers’ to see exactly where their carbon footprint and budget are being wasted. We are moving toward a future where every kilometer driven is intentional, sustainable, and profitable.”

Sustainability in Action with Zero Waste Malaysia
The event took a hands-on turn as attendees stepped away from digital dashboards into a workshop led by Zero Waste Malaysia. Attendees rethought the concept of ‘waste’ by upcycling used coffee grounds into car pendant deodorizers. The workshop highlighted a core message: Optimization is about repurposing what is currently wasted. Just as coffee grounds become value-added products, ‘wasted mileage’ and ‘idling time’ can be converted into profit and carbon credits through the right technology.

Master Concept remains committed to driving Malaysia’s digital and sustainable future, providing the tools and expertise for businesses to navigate the evolving mobility landscape.

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SOURCE Master Concept

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IRIS launches practice management platform as firms battle 105-day billing gaps and rising write-offs

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IRIS Firm Management unifies time recording, WIP, billing and financial reporting in a single platform, giving mid-to-large practices the real-time insight to grow more profitably

LONDON, May 12, 2026 /PRNewswire/ — IRIS Software Group (IRIS), a leading global provider of accountancy, HR, payroll, and education software, today announced the launch of IRIS Firm Management (IFM), a next-generation practice management platform purpose-built for mid-to-large UK accounting firms.

With an average gap of 105 days between completing work and receiving payment*, practice profitability is under serious pressure – in a survey of 140 UK accountancy firms, 37% identified time tracking as a key challenge, with only 33% tracking utilisation, and 76% only using basic, manual, or no WIP tracking at all**. This is compounded by the growing regulatory burden brought by changes such as Making Tax Digital to evolving companies house requirements.

IFM brings together practice management, time and billing, WIP management, and financial reporting into a single integrated solution. It gives practice leaders real-time visibility into utilisation, capacity, scope creep and margin erosion, with workflows designed to reduce admin burden, enabling senior team members to focus on high-value work. Firms using IFM have reported up to 25% reduction in write-offs and two to four hours per person per week reclaimed from billing admin.

Modern Firm Management

Most practice management tools were built for compliance, not commercial performance. IFM bridges that gap, acting as a financial control layer on top of compliance software.

Jonathan Priestley, General Manager, Global Accountancy Solutions and Transformation, said, “Accountancy practices are at an inflection point and the firms that will grow are those that can turn their operational data into commercial decisions. IFM is a demonstration of our long-term commitment to UK accountants – we’ve listened, we understand the pressures they face, and we’ve built a solution that will scale alongside them as they grow. The accounting profession underpins businesses right across the UK economy, and these firms deserve technology that matches the vital role they play.”

Support for diverse firms with complex needs

IFM is available in two configurations: IFM Core designed for firms needing foundational visibility with rapid deployment, with the system live within two to three weeks, and IFM Advanced for firms with multi-office, multi-entity or governance complexity. Importantly, both configurations have the ability to scale as firms grow, removing the need to re-platform as headcount, client volumes or structural complexity increases, while protecting margins throughout.

Key benefits of IFM***:

Real time insights to support accurate, data-driven decision making with enhanced tracking, reporting, and resource allocation – with an estimated five per cent or more time leakage recovery.Automation reclaiming between two to four hours per person per week for higher value work by reducing admin work on billing, reporting and spreadsheet validation.Boosted profitability by reducing write-offs by 15 to 25 per cent through early visibility into scope creep and margin erosion before it is too late.

Top 50 firm Larking Gowen has chosen IFM as its practice management platform, with plans to migrate from its current system following an evaluation of leading cloud solutions on the market. Richard White, Chief Information Officer at Larking Gowen, said, “We needed confidence in three things: Robust data migration from our existing system, extensive APIs to power our Power Platform apps and reports and connect the growing ecosystem of cloud applications across the firm, and the reassurance of a platform built specifically for accounting practices. IFM delivered on all three.”

Long-standing IRIS customer Morgan Griffiths LLP has chosen to migrate to IFM after using IRIS’ desktop solutions to manage tax, accounts, practice management, time recording, and job tracking. IFM has been transformational for the firm’s operational efficiency, giving them more reliability and control over essential functions. Manager Andrew Hunt said: “Billing can be such a time suck, which you don’t want it to be because that eventually comes away from your profit. These things should be super simple to do, and we’ve definitely achieved that now. That’s the biggest success of IFM for us so far.”

Beyond day-to-day efficiency, IFM has created stronger foundations for Morgan Griffiths LLP to evolve. Accelerated digitalisation and improved accessibility of real-time data has enabled partners to recognise opportunities for strategic growth. Andrew said: “I think that MTD presents an enormous opportunity for us, particularly in getting clients in a much better place where they’re getting closer to real-time information of how their business is going.”

IFM Core and IFM Advanced are now available – find out more here.

*Natwest Accountancy Benchmarking Report 2024.
**These figures are from the IRIS Discovery Tool Questionnaire taken by 140 UK accountancy firms who are IRIS customers.
***These figures are based on an ROI calculator that assesses adjustable assumptions, using a combination of industry benchmarks and early adopter feedback.

About IRIS Software Group 

IRIS Software Group is a global provider of mission critical software and one of the UK’s largest privately held software companies. IRIS provides software solutions and services for finance, HR and payroll teams, educational organisations, and accountancy firms that takes the pain out of processes and lets professionals focus on the work they love. Through simplifying, automating and providing insights on everyday mission critical tasks for organisations of all shapes and sizes, IRIS ensures customers can look forward with certainty and confidence. 
 
IRIS is the largest third-party online filer with the UK Government. Ninety-three of the top 100 UK accountancy firms use IRIS software. One in six of the UK’s workforce is paid by IRIS payroll offerings, and globally, six million employees receive their payslip via IRIS software every month. More than 850,000 UK employees are managed by IRIS HR solutions. Over 12,000 UK schools and academies use IRIS, with four million parents and guardians using IRIS apps to connect with their children’s school; 300 million messages are delivered between schools and parents each year, and over £15 million transactional payments are processed every month. IRIS is certified as a Great Place to Work® and recognised as one of The Times Top 50 Employers for Gender Equality in 2023. IRIS is also recognised as one of the Best Workplaces for Wellbeing, one of the Best Workplaces in Tech and one of the Best Workplaces for Women. 
 
To see how IRIS helps organisations get things right first time, every time, visit www.iris.co.uk or follow IRIS Software Group on LinkedIn, Twitter and Instagram.  

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