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Global Battery Management ICs Market Report to 2030: Battery Management ICs Extend Battery Life for Portable Devices

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Global Market for Battery Management ICs

Global Market for Battery Management ICs
Global Market for Battery Management ICs

Dublin, March 17, 2023 (GLOBE NEWSWIRE) -- The "Battery Management ICs: Global Strategic Business Report" report has been added to's offering.

The global market for Battery Management ICs estimated at US$7.5 Billion in the year 2022, is projected to reach a revised size of US$10.9 Billion by 2030, growing at a CAGR of 4.9% over the analysis period 2022-2030.

Fuel Gauge ICs, one of the segments analyzed in the report, is projected to record a 5.4% CAGR and reach US$5.7 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Battery Charger ICs segment is readjusted to a revised 4.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 5.9% CAGR

The Battery Management ICs market in the U.S. is estimated at US$1.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.9 Billion by the year 2030 trailing a CAGR of 5.9% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.6% and 4.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR.

Select Competitors (Total 26 Featured) -

  • Analog Devices, Inc.

  • Maxim Integrated Products, Inc.

  • Microchip Technology Inc.

  • NXP Semiconductors N.V.

  • Renesas Electronics Corporation

  • Richtek Technology Corporation

  • Rohm Co., Ltd.

  • Semiconductor Components Industries, LLC

  • Semtech Corporation

  • Skyworks Solutions, Inc.

  • STMicroelectronics N.V.

  • Texas Instruments Incorporated

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.

  • Global competitiveness and key competitor percentage market shares

  • Market presence across multiple geographies - Strong/Active/Niche/Trivial

  • Online interactive peer-to-peer collaborative bespoke updates

  • Access to digital archives and Research Platform

  • Complimentary updates for one year

Key Attributes:

Report Attribute


No. of Pages


Forecast Period

2022 - 2030

Estimated Market Value (USD) in 2022

$7.5 Billion

Forecasted Market Value (USD) by 2030

$10.9 Billion

Compound Annual Growth Rate


Regions Covered


Key Topics Covered:




  • Influencer Market Insights

  • World Market Trajectories

  • Impact of Covid-19 and a Looming Global Recession

  • Battery Management ICs - Global Key Competitors Percentage Market Share in 2022 (E)

  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

  • Importance of Batteries in the Modern World

  • Year 2020 Has Been a Year of Astounding Disruption & Unbelievable Transformation

  • COVID-19 Leaves the World in Shambles & Industries and Markets Upended: World Economic Growth Projections (Real GDP, Annual % Change) for 2019 to 2022

  • Unemployment Spike in 2020 Challenges Growth in Industries Reliant on Consumer Discretionary Incomes: Global Number of Unemployed People (In Million) for Years 2017, 2019, 2020, and 2022

  • The First Vaccines Are Here! Will It Change the Existing Economic Realities? & Is it Really the Silver Bullet We Were Waiting For?

  • How Fast the World is Vaccinated Will Determine How Soon the Pandemic Will End: Global Number of COVID-19 Vaccinations (Per 100 People) As of February 2021 by country

  • How Semiconductors & Electronics Are Impacted by the Pandemic & What's the New Normal?

  • Global Electrical & Electronics Equipment Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025

  • Battery Management Systems & ICs - Definition, Scope & Importance

  • Recent Market Activity

  • Innovations



  • Growing Demand for Mobile Computing Devices Provides the Foundation for Growth of Battery Management ICs in the Consumer Electronics Market

  • Why Rechargeable-Battery Power Management Demands Multiple ICs

  • Battery Management ICs Extend Battery Life for Portable Devices

  • Battery Powered Consumer Electronics to Spur Demand for Battery Management ICs: Global Market for Consumer Electronics (In US$ Billion) for Years 2020, 2022, 2024 & 2026

  • Global Opportunity for Consumer Batteries (In US$ Billion) for Years 2020, 2022 & 2024

  • The Rise of Drones Spurs Demand for Drone Batteries & The Need for Battery Management ICs

  • Battery Management in Battery Powered Drones Gains in Importance for Safe Operation of Drones: Global Number of Commercial Drones (In Units) for Years 2020, 2022, 2024 & 2026

  • Smart Cities & IoT Push Up the Need for Smart Batteries & Battery Management ICs

  • Global Smart Cities Opportunity (In US$ Billion) for Years 2021, 2024, 2027

  • Growing IoT Ecosystem Bodes Well for IoT Device Batteries & Battery Management ICs to Overcome Limited Battery Life Drawback in IoT applications

  • IoT Takes a Quantum Leap Opening New Growth Opportunities for Batteries for IoT Devices: Global Number of IoT Connected Devices (In Billion Units) for the Years 2016, 2018, 2020, 2022 & 2025

  • Why Smart Cities & IoT Need Smart Batteries?

  • Explosion of Smart Wearables Spurs Demand for Battery Management ICs

  • Battery Management in Wearable Devices: A Review

  • Global Electronic Wearables Shipments (In Million Units) for Years 2020, 2022, 2024 & 2026

  • Importance & Value Offered by Battery Fuel Gauge ICs

  • Robust Outlook for EVs Opens New Avenues of Growth for EV Batteries & Battery Management ICs

  • Growing Demand for EVs Brings Good News for Battery Management ICs: Number of EVs On Road Worldwide by Type (In Units) for the Years 2019 and 2022

  • High Demand for Lithium-ion Technology in Electric Vehicles Presents Opportunities for Battery Management ICs: Global Demand for Lithium-ion Batteries (In Gigawatt Hours) in Electric Vehicles for the Years 2020, 2023, 2026, 2029 & 2030

  • Strong Adoption of Battery Energy Storage Technologies to Drive Demand for Battery Management ICs

  • Global On-Grid and Off Grid Battery Energy Storage System Market (In US$ Billion) for Years 2020, 2022, 2024 & 2026




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