The global Battery Management IC market was valued at US$ 8231.8 million in 2022 and is projected to reach US$ 10070 million by 2029, at a CAGR of 2.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global Battery Management IC market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Battery Management IC market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Battery Management IC market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
Battery Management ICs includes Battery monitoring fuel gauge ICs and Battery chargers. Battery monitoring fuel gauge ICs combining a small footprint with outstanding measurement accuracy (voltage, current and temperature) and extremely low power consumption to increase battery runtime and lifespan in mobile phones, multimedia players, digital cameras, and other space-constrained portable devices. Battery chargers that offer charge currents from as little as 200 mA up to 1.2 A and that can be used for any rechargeable chemistry lithium-ion battery.
This report aims to provide a comprehensive presentation of the global market for Battery Management IC, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Battery Management IC. This report contains market size and forecasts of Battery Management IC in global, including the following market information:
- Global Battery Management IC Market Revenue, 2018-2023, 2024-2032, ($ millions)
- Global Battery Management IC Market Sales, 2018-2023, 2024-2032, (K Units)
- Global top five Battery Management IC companies in 2022 (%)
The increasing popularity of electric vehicles is one of the primary drivers for market growth. Improvements in battery technologies have led to recent modernizations in the automotive industry and the development of new-age electric and hybrid electric vehicles. The significant growth in demand for electric vehicles has prompted many automobile manufacturers to invest money in the market, in turn, fueling the demand for electric vehicle batteries. APAC led the global battery management IC market during 2016 and is expected to continue the lead over the following year. This mainly attributed to a rise in applications using battery management ICs mainly in the wearable electronics and automotive sectors.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Battery Management IC manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Battery Management IC Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Battery Management IC Market Segment Percentages, by Type, 2022 (%)
- Fuel Gauge IC
- Battery Charger IC
- Authentication IC
Global Battery Management IC Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Battery Management IC Market Segment Percentages, by Application, 2022 (%)
- Automotive
- Military
- Medical
- Portable Device
- Telecommunication
- Renewable Energy System
- Uninterrupted Power Supply (UPS)
- Others
Global Battery Management IC Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Battery Management IC Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Battery Management IC revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Battery Management IC revenues share in global market, 2022 (%)
- Key companies Battery Management IC sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies Battery Management IC sales share in global market, 2022 (%)
key players include:
- Analog Devices
- Maxim Integrated
- Microchip Technology
- NXP Semiconductors
- Renesas Electronics
- Richtek Technology
- ROHM Semiconductor
- Semtech
- STMicroelectronics
- Texas Instruments
Outline of Major Chapters:
Chapter 1: Introduces the definition of Battery Management IC, market overview.
Chapter 2: Global Battery Management IC market size in revenue and volume.
Chapter 3: Detailed analysis of Battery Management IC manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Battery Management IC in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Battery Management IC capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
