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

Research and Markets
·5-min read
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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 ResearchAndMarkets.com'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

Details

No. of Pages

251

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

4.8%

Regions Covered

Global

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • 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

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • 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

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/m2idgd

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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