Press release
Battery Management ICs Market - Global Industry Trend Analysis 2013 to 2017 and Forecast 2018-2028
Battery Management IC is a type of Power Management IC that aids in organizing battery requirements of the system as a whole by managing the power consumption from various power sources. This makes the system or device, which is operating on the Battery Management Integrated Circuit, more reliable and efficient.
Battery Management ICs find application in fields such as consumer electronics (MP3 players, smart phones and Bluetooth headsets), to portable medical and industrial equipment.
Battery Management ICs Market: Drivers and Trends
Growth in the demand for consumer electronic devices, functioning on battery generated power, is expected to boost the overall Battery Management IC market. Also, the ever-rising demand for battery operational devices in telecommunication, networking and automotive fields are expected to drive the global Battery Management ICs market. In countries, such as China and India, the development of smaller and cheaper battery and power management integrated circuits will provide necessary foundation for the Battery Management Integrated Circuits market to grow on.
Currently, Battery Management ICs are being integrated into smart devices to make them more energy efficient in power management, features and functionality.
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Battery Management ICs Market: Segmentation
On the basis of application, the global Battery Management ICs market can be segmented into the following,
Consumer Electronics
Automotive
Industrial
Power Industry
Others
On the basis of product, the global Battery Management ICs market can be segmented into the following,
LiFePo4 Battery Management Integrated Circuits
Polymer Battery Management Integrated Circuits
Li-ion Battery Management Integrated Circuits
Others
Battery Management ICs Market: Regional Outlook
Asia Pacific region is the largest contributor in the Battery Management ICs market owing to the market presence of a significant number of consumer electronics manufacturers in the region. Over the forecast period, the development of low cost Lithium ion Battery Management ICs in countries, such as China, is expected to drive the Battery Management ICs Market in the Asia Pacific region.
North America, being one of the prominent regions in the Battery Management ICs Market globally, is expected to lead the global revenue generation, owing to the technological advancements in automotive, consumer electronics and power sectors in the region.
Battery Management ICs Market: Key Players
Few of the major players operating in the Global Battery Management ICs market include, Analog Devices, Inc.; Texas Instruments Incorporated; STMIcroelectronics; NXP Semiconductors; Renesas Electronics Corporation; Cypress Semiconductor Corporation; Microchip Technology Inc.; Integrated Device Technology, Inc.; LAPIS Semiconductor Co., Ltd.; ROHM Semiconductor; Hycon Technology Corp.; Maxim Integrated and Diodes Incorporated, among others.
The Battery Management ICs Market Report covers exhaustive analysis on:
Battery Management ICs Market Segments
Battery Management ICs Market Segments
Historical Actual Market Size, 2012 - 2016
Battery Management ICs Market Size & Forecast 2017 to 2027
Supply & Demand Value Chain
Battery Management ICs Market Current Trends/Issues/Challenges
Competition & Companies involved
Pedestrian entrance control system Technology
Value Chain
Battery Management ICs Market Drivers and Restraints
Regional analysis for Battery Management ICs Market includes development of these systems in the following regions:
North America
US & Canada
Latin America
Brazil, Mexico, Others
Europe
Western Europe
Germany
France
U.K.
Spain
Italy
Nordic
BENELUX
Rest of Western Europe
Eastern Europe
Russia
Poland
Rest of Eastern Europe
Asia Pacific
Australia and New Zealand (ANZ)
Greater China
India
ASEAN
Rest of Asia Pacific
Japan
Middle East and Africa
GCC Countries
Other Middle East
North Africa
South Africa
Other Africa
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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Battery Management ICs Market Report Highlights:
Detailed overview of parent market
Changing market dynamics of the industry
In-depth market segmentation
Historical, current and projected market size in terms of value
Recent industry trends and developments
Competitive landscape
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance
Must-have information for market players to sustain and enhance their market footprint
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