APAC led the global battery management IC market and is expected to continue the lead over the following years.
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.
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 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.
Global Battery Management IC Market Professional Survey Report 2019 is a professional and in-depth study and available exclusively through Trusted Business Insights. Annual estimates and forecasts are provided for the period 2019 through 2025. Also, a five-year historic analysis is provided for these markets in this 105 pages report.
This market report provides in-depth analytics of the Battery Management IC industry including definition, classification, application and industry chain structure. The report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share, and contact information.
Battery Management IC market report includes an in-depth analysis of the competitive landscape of this business vertical, constituting companies like:
Products Segmentation, this report displays the production, revenue, price, market share, and growth rate of each type as below:
Fuel Gauge IC
Battery Charger IC
By Industrial Application, the market can be split into:
Renewable Energy System
Uninterrupted Power Supply (UPS)
Market Segment by Regions includes:
- North America (the USA, Canada, and Mexico)
- Europe (Germany, France, UK, Russia, and Italy)
- Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
- South America
- Middle East and Africa.
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