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Global Reset IC Market 2018-2022: Challenges, Trends & Drivers - Market to Grow at a CAGR of 11.89%DUBLIN, Jan. 19, 2018 /PRNewswire/ -- The "Global Reset IC Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.  The global reset IC market to grow at a CAGR of 11.89% during the period 2018-2022. Global Reset IC Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. According to the report, one of the major drivers for this market is growing popularity of smart grid technology. The demand for smart grids is increasing since they provide real-time information and are highly reliable. This in turn, results in an increased development of smart grids projects. The integration of network capabilities and computational intelligence enhances the maintenance of electric grids by allowing a smooth exchange of data between various components such as smart appliances, smart meters, generators, transmission lines, and transformers. The increasing installation of smart utility meters is driving the need for MCUs. This in turn, boosts the need for reset integrated circuit (IC) to bring the MCU back to a stable state, in case of an overload on the internal circuitry. The reset IC arket is characterized by the presence of many established vendors. These vendors are increasingly competing against each other based on factors such as product quality, product portfolio, and reliability. The top vendors in the reset integrated circuit (IC) market are identified based on research and developmental activities, experience, customer base, goodwill, geographical presence, and their financial condition. Based on end-user the market can be segmented into consumer electronics, telecommunication, automotive, industrial, and healthcare. The consumer electronics segment includes tablets, smart watches, home appliances, smart bands, smartphones, desktops, and portable PCs. The demand for reset ICs is increasing due to the rising sales of these consumer electronics. The latest trend gaining momentum in the market is increasing investments in autonomous cars. Autonomous cars are also known as self-driving cars. They are capable of driving themselves and navigating without any human interaction. Several investments have been made in the development of self-driving cars. Key vendors
Other prominent vendors
Key Topics Covered: Media Contact: Laura Wood, Senior Manager
SOURCE Research and Markets 
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