SummaryThis article presents a low quiescent current output‐capacitorless quasi‐digital complementary metal‐oxide‐semiconductor (CMOS) low‐dropout (LDO) voltage regulator with controlled pass transistors according to load demands. The pass transistor of the LDO is segmented into two smaller sizes based on a proposed segmentation criterion, which considers the maximum output voltage transient variations due to the load transient to different load current steps to find the suitable current boundary for segmentation. This criterion shows that low load conditions will cause more output variations and settling time if the pass transistor is used in its maximum size. Furthermore, this situation is the worst case for stability requirements of the LDO. Therefore, using one smaller transistor for low load currents and another one larger for higher currents, a proper trade‐off between output variations, complexity, and power dissipation is achieved. The proposed LDO regulator has been designed and post‐simulated in HSPICE in a 0.18 µm CMOS process to supply a stable load current between 0 and 100 mA with a 40 pF on‐chip output capacitor, while consuming 4.8 μA quiescent current. The dropout voltage of the LDO is set to 200 mV for 1.8 V input voltage. The results reveal an improvement of approximately 53% and 25% on the output voltage variations and settling time, respectively. Copyright © 2015 John Wiley & Sons, Ltd.