Battery Management Solution IC Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions, and By Key Players: TI, Maxim Integrated, NXP, Renesas Electronics Corporation, Toshiba

Registering a CAGR of 5.2% over the forecast period, the market value of Battery Management Solution IC is expected to reach US$ 7400 million in the year 2027.

Battery Management Solution IC Market Overview

Battery Management Solution IC currently accounts for less than 1% of global integrated circuits sales. The high demand for rechargeable battery management has resulted in increased adoption of Battery Management Solution IC across a variety of industries over the years.

With the increased adoption of electric vehicles and the high demand for battery optimization with robust charging infrastructure, the adoption of battery charger ICs and battery authentication ICs for energy-efficient battery systems has increased. Because electric vehicles use lithium-ion battery packs, the demand for lithium-ion battery charger ICs has increased. The rise in power management applications is fueling global demand for battery management products, propelling the Battery Management Solution IC market forward.

Individuals are looking for a more sustainable source of energy to meet their energy demand in light of the market's Go Green trend. This, in turn, has increased the demand for batteries in various sustainable energy sectors for energy storage. Furthermore, growing user awareness of zero-emission vehicles has increased the demand for batteries across the automotive industry.

The report aspects discussed the profile of the top manufacturers of the global Battery Management Solution IC market. These aspects include the financial status of major companies, trending advancements, and the entire market scenario. Growth of the report has examined Battery Management Solution IC Market production, demand and growth potential, geographic analysis, as well as current market developments in various regions and countries.

Who are the Major Players in the Battery Management Solution IC Market?

The global Battery Management Solution IC includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include TI, Maxim Integrated, NXP, Renesas Electronics Corporation, Toshiba, Analog Devices, Diodes Incorporated, Vishay, Microchip Technology, STMicroelectronics, Rohm, Semtech, ON Semiconductor, New Japan Radio, Torex and others.

Industry News and Updates:

ROHM's Battery Charger IC: Providing Power to the Most Recent Low-Voltage Rechargeable Batteries

The 16th of November, 2021— ROHM created the BD71631QWZ battery charger IC to provide low-voltage charging of wearables such as wireless ear buds and thin, compact IoT devices such as smart displays powered by rechargeable batteries.

Analog Devices' battery management system integrated circuits and automotive audio bus power Volvo's all-electric XC40 SUV.

Feb 22 2021—Analog Devices, Inc. (NASDAQ: ADI) and Volvo Cars announced that the Volvo XC40 Recharge, the company's first pure electric SUV, will include ADI's integrated circuits (ICs) that support the battery management system (BMS) and Automotive Audio Bus® (A2B). By reducing vehicle weight and increasing range, these advanced technologies provide an appealing total cost of ownership for electric vehicles while also contributing to a more sustainable future.

What are the major Applications, Types, and Regions for the Battery Management Solution IC Market?

The market is segmented based on the type, applications, companies, and regions.

By Type, it is segmented into

• Linear Battery Chargers


• Switching Battery Chargers


• Module Battery Chargers


• Pulse Battery Chargers


• SMBus/I2C/SPI Controlled Battery Chargers


• Buck/Boost Battery Chargers

By Application, it is segmented into

• Charging IC for each application, including


• Li-Ion/Li-Polymer Battery


• Lead Acid Battery


• NiCd Battery


• Others

Battery Management Solution IC Market Regional Analysis

The South Asia & Pacific region is expected to be a fast-growing battery management ICs market, with a 2X growth rate between 2022 and 2027.

Demand is also being driven by an increased emphasis on expanding renewable energy infrastructure in order to balance energy security and sustainability commitments while meeting rising power demands in developing economies. Companies in South Asia and the Pacific are expanding their digital footprint in emerging markets by providing base load energy with energy storage solutions. Some of the key drivers of increasing demand for battery management ICs in the region are the exponential rise in the adoption of diversified energy portfolios with decentralized energy grids for consistent baseload power.

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• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
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• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Battery Management Solution IC Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Battery Management Solution IC Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Battery Management Solution IC Market report scope?

Scope of the Report covers Battery Management Solution IC Market with a detailed analysis of the overall scenario for the market. It also highlights the business participants’ environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background, and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Battery Management Solution IC Market analysis report as it has vital details to provide about regional markets and expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.

Report Attributes	Report Details
Report Title	Battery Management Solution IC Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions, and By Key Players: TI, Maxim Integrated, NXP, Renesas Electronics Corporation, Toshiba
Forecast Period 2022 to 2027 CAGR	CAGR of 5.2% over the forecast period (2022-2027)
By Type	Linear Battery Chargers Switching Battery Chargers Module Battery Chargers Pulse Battery Chargers SMBus/I2C/SPI Controlled Battery Chargers Buck/Boost Battery Chargers
By Application	Charging IC for each application, including Li-Ion/Li-Polymer Battery Lead Acid Battery NiCd Battery Others
By Companies	TI, Maxim Integrated, NXP, Renesas Electronics Corporation, Toshiba, Analog Devices, Diodes Incorporated, Vishay, Microchip Technology, STMicroelectronics, Rohm, Semtech, ON Semiconductor, New Japan Radio, Torex
Regions Covered	North America Europe Asia-Pacific Rest of the World
Countries Covered	US Canada Germany France UK Italy Spain Rest of Europe China Japan India Australia South Korea Rest of Asia-Pacific Middle East & Africa Latin America
Base Year	2022
Historical Year	2017 to 2021
Forecast Year	2022 to 2027
Number of Pages	164
Customization Available	Yes, the report can be customized as per your needs

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Key Takeaways from this Battery Management Solution IC Report

• Evaluate Battery Management Solution IC market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at the country level - for product types, end-use applications, and different industries verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges, and hidden opportunities.


• Get in-depth insights on your competitor’s performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis, and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies to your processes.


• Get a quick outlook on the Battery Management Solution IC market entropy – M&As, deals, partnerships, and product launches of all key players for the past 5 years.


• Evaluate the import-export statistics, supply-demand, and competitive landscape for more than the top 20 countries globally for the market.

Frequently Asked Questions

What is the study period of this market?

The Battery Management Solution IC Market is studied from 2017 - 2027.

What is the growth rate of the Battery Management Solution IC Market?

The Battery Management Solution IC Market is growing at a CAGR of 5.2% over the next 5 years.

Who are the key players in Battery Management Solution IC Market?

TI, Maxim Integrated, NXP, Renesas Electronics Corporation, Toshiba, Analog Devices, Diodes Incorporated, Vishay, Microchip Technology, STMicroelectronics, Rohm, Semtech, ON Semiconductor, New Japan Radio, Torex

What regions does this Battery Management Solution IC Market report cover?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

What are the significant types of Battery Management Solution IC Market?

Linear Battery Chargers, Switching Battery Chargers, Module Battery Chargers, Pulse Battery Chargers, SMBus/I2C/SPI Controlled Battery Chargers, Buck/Boost Battery Chargers

What are the major end-use applications of Battery Management Solution IC Market?

Charging IC for each application, including, Li-Ion/Li-Polymer Battery, Lead Acid Battery, NiCd Battery, Others

 

All our reports are custom-made to your company’s needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.