Lucintel’s latest market report analyzed that battery management IC provides attractive opportunities in the building control, consumer electronics, healthcare, industrial and retail, automotive, and wearable device applications. The battery management IC market is expected to reach $10.2 billion by 2028 with a CAGR of 9.1%. In this market, battery charger IC is the largest segment by product type, whereas automotive is largest by application.
Based on product type, the battery management IC market is segmented into battery charger IC, fuel gauge IC, and authentication IC. The battery charger IC segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to the increasing use of these ICs to provide proper charge voltage and current for a specific battery cell in various appliances.
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The Battery Management IC Market is marked by the presence of several big and small players. Some of the prominent players offering battery management IC include Analog Devices, Semiconductor Components Industries (SCI), Semtech, Microchip Technology, and NXP Semiconductors.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].
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Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
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Contact Information:
Roy Almaguer Lucintel Dallas, Texas, USA Email: [email protected] Tel. 972.636.5056
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