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The battery management IC market is forecasted to grow by USD 2883.38 million during 2023-2028, accelerating at a CAGR of 10.08% during the forecast period. The report on the battery management IC market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising adoption of EVs and hybrid electric vehicles (HEVS), growing proliferation of portable electronic devices, and advances in battery technology.
The battery management IC market is segmented as below:
By Product
- Fuel gauge IC
- Battery charger IC
- Authentication IC
By Application
- Consumer products and communications
- Automotive
- Industrial
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the battery management IC market covers the following areas:
- Battery management IC market sizing
- Battery management IC market forecast
- Battery management IC market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global battery management IC market: AiT Semiconductor Inc., Analog Devices Inc., DENSO Corp., Eberspacher, Infineon Technologies AG, Innoscience, MagnaChip Semiconductor Corp., Microchip Technology Inc., MinebeaMitsumi Inc., Nordic Semiconductor ASA, Nuvoton Technology Corp., NXP Semiconductors NV, Renesas Electronics Corp., ROHM Co. Ltd., Sensata Technologies Inc., STMicroelectronics N.V., Texas Instruments Inc., Top Power ASIC, Wingtech Technology Co. Ltd., and SK Innovation Co. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is emergence of artificial intelligence and ML algorithms in battery management."
According to the report, one of the major drivers for this market is the rising adoption of evs and hybrid electric vehicles (HEVs).
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AiT Semiconductor Inc.
- Analog Devices Inc.
- DENSO Corp.
- Eberspacher
- Infineon Technologies AG
- Innoscience
- MagnaChip Semiconductor Corp.
- Microchip Technology Inc.
- MinebeaMitsumi Inc.
- Nordic Semiconductor ASA
- Nuvoton Technology Corp.
- NXP Semiconductors NV
- Renesas Electronics Corp.
- ROHM Co. Ltd.
- Sensata Technologies Inc.
- STMicroelectronics N.V.
- Texas Instruments Inc.
- Top Power ASIC
- Wingtech Technology Co. Ltd.
- SK Innovation Co. Ltd.
