Persistence Market Research
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.
Battery Management ICs Market: Segmentation
On the basis of application, the global Battery Management ICs market can be segmented into the following,
On the basis of product, the global Battery Management ICs market can be segmented into the following,
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
Regional analysis for Battery Management ICs Market includes development of these systems in the following regions:
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
The report provides the following information:
The main aim of the report is to:
MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.