Battery Management IC Market Status, Competitive Analysis and Strategies Report 2019-2025

Sep 2nd 2019 at 11:50 PM

The market for Battery Management IC is growing with the expansion of this Industry Sector Worldwide. Market Research Hub (MRH) has added a new report titled “Global (United States, European Union and China) Battery Management IC Market Research Report 2019-2025” which offer details about the current trends and analysis, as well as scope for the near future. This research study also covers information about the production, consumption and market share based on different active regions. Furthermore, an anticipated growth at a double-digit CAGR for the Battery Management IC sector is highlighted in the report which indicates a prosperous future.

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Some key points of Battery Management IC Market research report:

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 during 2016 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.

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The global Battery Management IC market segment by manufacturers include:-

Analog Devices
Maxim Integrated
Microchip Technology
NXP Semiconductors
Renesas Electronics
Richtek Technology
ROHM Semiconductor
Texas Instruments

Market Segment by Product Type
Fuel Gauge IC
Battery Charger IC
Authentication IC

Market Segment by Application
Portable Device
Renewable Energy System
Uninterrupted Power Supply (UPS)

Key Regions split in this report: breakdown data for each region.
United States
European Union
Rest of World (Japan, Korea, India and Southeast Asia)

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The study objectives of Battery Management IC Market are:

To analyze and research the Battery Management IC status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.

To present the key Battery Management IC manufacturers, presenting the sales, revenue, market share, and recent development for key players.

To split the breakdown data by regions, type, companies and applications

To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market

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