Published On : 11 Nov 2025
PFC ICs Market size was valued at US$ 1.67 billion in 2024 and is projected to reach US$ 2.89 billion by 2032, at a CAGR of 7.4% during the forecast period 2025-2032
Report Studies
• The global PFC ICs Market size was valued at US$ 1.67 billion in 2024 and is projected to reach US$ 2.89 billion by 2032, at a CAGR of 7.4% during the forecast period 2025-2032. The U.S. market accounted for USD 1.4 billion in 2024, while China is expected to grow at a higher CAGR, reaching USD 2.9 billion by 2032.
• PFC (Power Factor Correction) ICs are semiconductor devices designed to improve power efficiency in electronic systems by aligning current and voltage waveforms. These ICs play a critical role in reducing harmonic distortion and optimizing energy consumption across applications such as power supplies, LED lighting, and consumer electronics. The market comprises two primary types: passive PFC ICs, which use basic filtering components, and active PFC ICs, which leverage advanced control circuits for higher efficiency.
By Power Rating:
• Low Power (<100W)
• Medium Power (100W-1kW)
• High Power (>1kW)
Key Players :
• NXP Semiconductors (Netherlands)
• ON Semiconductor (U.S.)
• Monolithic Power Systems (MPS) (U.S.)
• Texas Instruments (U.S.)
• STMicroelectronics (Switzerland)
• Shanghai Bright Power Semiconductor (China)
• Joulwatt Electronic (China)
• On-Bright Electronics Incorporated (China)
• Silergy Corporation (China)
• Meraki Integrated (Shenzhen) Technology (China)
• Southchip Semiconductor Technology (China)
• Power Integrations (U.S.)
• Shenzhen Kiwi Instruments (China)
• Hangzhou Silan Microelectronics (China)
• Leadtrend Technology (Taiwan)
• Sanken Electric (Japan)
