--- title: Power Circuit Demand Will Continue to Ebb in Q2 description: Power Circuit Demand Will Continue to Ebb in Q2 image: https://pages.supplyframe.com/hubfs/Blog/1-1.png --- [![large-Supplyframe-Logo-web](https://pages.supplyframe.com/hs-fs/hubfs/large-Supplyframe-Logo-web.png?width=204&height=44&name=large-Supplyframe-Logo-web.png)](https://supplyframe.com/) [![Contact](https://hubspot-no-cache-na2-prod.s3.amazonaws.com/cta/default/7283073/ca0536c0-b32a-42e2-8621-61c35fb59ad0.png)](https://hubspot-cta-redirect-na2-prod.s3.amazonaws.com/cta/redirect/7283073/ca0536c0-b32a-42e2-8621-61c35fb59ad0) # IQ Insider *Powered by Commodity IQ* [![Subscribe to IQ Insider](https://hubspot-no-cache-na2-prod.s3.amazonaws.com/cta/default/7283073/68076d51-a4ec-43f5-9244-024375c6873b.png)](https://hubspot-cta-redirect-na2-prod.s3.amazonaws.com/cta/redirect/7283073/68076d51-a4ec-43f5-9244-024375c6873b) ## [Power Circuit Demand Will Continue to Ebb in Q2](https://pages.supplyframe.com/ciq/power-circuit-demand-will-continue-to-ebb-in-q2) Apr 18, 2024, 1:34:57 PM / by [Supplyframe](https://pages.supplyframe.com/ciq/author/supplyframe) - [Tweet](https://twitter.com/share) | Demand for power ICs dropped below the index baseline (indicating contraction) in Q4 2023 for the first time in 17 consecutive quarters. As with discrete ICs, analog ICs (including power analog) are a facsimile of the total semiconductor market, and sourcing activities for analog power devices were down 44.4% year-on-year in March. Despite the overall softness, rising demand from the automotive and medical sectors and the overall global electrification trend are forecast to increase power IC revenue and help further normalize inventory levels in later H2. | | --- | #### Written by [Supplyframe](https://pages.supplyframe.com/ciq/author/supplyframe) supplyframe --- - [**Recent**](https://pages.supplyframe.com/ciq/power-circuit-demand-will-continue-to-ebb-in-q2#tab-1) # About Us Use this little footer to reinforce your message about who you are and why people love working with you. And since this is a global module, you only have to edit it once to make the changes across every page it appears on. [Learn More](https://www.hubspot.com) # Links # Contact Us (626) 793-7732 [yourname@company.com](mailto:yourname@company.com) 61 S Fair Oaks Ave Suite 200 Pasadena, CA 91105 Copyright © 2026 [Supplyframe](https://supplyframe.com/) Accessibility [Privacy Policy](https://sfcomdev.wpengine.com/privacy-policy/) [Terms of Service](https://sfcomdev.wpengine.com/terms/) ![](https://px.ads.linkedin.com/collect/?pid=1972124&fmt=gif)