The global Linear Voltage Regulators market is driven by the growing demand for linear voltage regulators in electrical & electronics production. These regulators are utilized in power distribution systems to reduce the chances of short-circuit current by delivering stable output voltage which will impel market growth in the upcoming period. However, the low efficiency of linear voltage regulators than switching voltage regulators may restrain the market growth at the global level. The linear voltage regulators are utilizing in the automobile sector, which delivers stable output voltage for overall automotive applications, and supportive in a harsh environment. Therefore, several key players are concentrating on offering the product with beneficial features like rest, watchdog, and early warning. The utilization of linear voltage regulators in automobiles is creating beneficial growth opportunities in the market.
Based on the End User, the linear voltage regulators market is segmented into commercial, residential, industrial, automotive, and electrical & electronics. The automotive segment has led the linear voltage regulators market in 2019 and is estimated to generate more than US$ XX Mn market revenue by 2027, with a CAGR of XX%. They are easy to utilize in power supply solutions producing a steady power supply for all automotive applications. This device is especially intended for utilized in harsh automotive environments and provides the long–term reliability and highest quality level.