PUBLISHER: TechNavio | PRODUCT CODE: 1709743
PUBLISHER: TechNavio | PRODUCT CODE: 1709743
The battery management ic market is forecasted to grow by USD 3400.8 mn during 2024-2029, accelerating at a CAGR of 10.8% 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.
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.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 9.5% |
CAGR | 10.8% |
Incremental Value | $3400.8 mn |
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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's battery management ic market is segmented as below:
By Product Type
By End-user
By Battery Type
By Type
By Geographical Landscape
This study identifies the emergence of ai and ml algorithms in battery management as one of the prime reasons driving the battery management ic market growth during the next few years. Also, rising number of new product launches and growing shift toward higher energy density batteries will lead to sizable demand in the market.
The report on the battery management ic market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading battery management ic market vendors that include 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., SK Innovation Co. Ltd., STMicroelectronics NV, Texas Instruments Inc., Top Power ASIC, and Wingtech Technology Co. Ltd.. Also, the battery management ic market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher 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 primary and secondary research. 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 accurate market growth.
Exhibits: