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Lithium Battery Charger ICs Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports

03-20-2024 12:48 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

Lithium Battery Charger ICs Market Size
The global Lithium Battery Charger ICs market was valued at US$ 14530 million in 2023 and is anticipated to reach US$ 33060 million by 2030, witnessing a CAGR of 12.0% during the forecast period 2024-2030.

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Lithium Battery Charger ICs Market
Lithium Battery Charger ICs supports a range of applications such as lithium ion battery monitoring, PV cell energy harvesting, industrial monitoring, wearable devices, and other portable equipment. Members of this portfolio feature constant current/constant voltage linear charging for single cell lithium ion batteries, stacked lithium monitoring functionality, battery isolation, and the flexibility that enables them to work across multiple systems.
China's policy on lithium-ion batteries mainly focuses on lithium-ion batteries. In 2015, in order to strengthen the management of lithium-ion battery industry and improve the development level of the industry, China formulated the Standard of Lithium-ion Battery Industry. the global sales of new energy vehicles reached 10.8 million units in 2022, with a year-on-year increase of 61.6%. In 2022, China new energy vehicle sales reached 6.8 million units, and the global share increased to 63.6%. In Q4 2022, sales penetration rate of China's new energy vehicle reached 27%, while the global average penetration rate was only 15%. Europe penetration was 19%, and North America penetration rate was only 6%. Lithium batteries will fully benefit from the high growth of downstream demand. According to the Ministry of Industry and Information Technology, China's lithium-ion battery production reached 750 GWh in 2022, up more than 130 percent year on year. Among them, the output of lithium energy storage battery exceeded 100 GWh, and the total output value of the industry exceeded 1.2 trillion yuan. The industrial application of lithium battery was also growing rapidly. In 2022, the loading capacity of new energy vehicle power battery was about 295 GWh, and the new energy vehicle power battery was about 295 GWh.

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Segment by Type
• Switching Battery Chargers
• Linear Battery Chargers
• Pulse Battery Chargers
• Others

Segment by Application
• Industrial
• Commercial
• Residential
• Government

By Company
Silergy Corporation (China), Holtek Semiconductors Inc. (China), ON Semiconductor Corporation (U.S.), New Japan Radio Co., Texas Instruments Inc. (U.S.), Analog Devices Inc. (U.S.), Richtek Technology Corporation (Taiwan), NXP Semiconductors N.V. (The Netherlands), Toshiba Corporation (Japan), Maxim Integrated (U.S.), Future Technology Devices International (FTDI) Chip (U.K.), Shanghai Nanxin Semiconductor Technology Co. Ltd. (China), Diodes Incorporated (U.S.), Microchip Technology Inc. (U.S.), TOREX Semiconductor Ltd. (Japan), STMicroelectronics N.V. (Switzerland), ROHM Company Ltd. (Japan), Monolithic Power Systems, Active-Semi, Vishay Intertechnology Inc. (U.S.), Intersil Corporation (U.S.)

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https://reports.valuates.com/market-reports/QYRE-Auto-36J9729/global-lithium-battery-charger-ics

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