Contact Us

Global Battery Management Integrated Circuits (ICs) Growth Rate 2025, Forecast To 2034

25 Mar, 2025

How Has the Battery Management Integrated Circuits (ICs) Market Evolved Historically and What is its Current Size?

The battery management integrated circuits (ics) market has seen considerable growth due to a variety of factors.
• The battery management integrated circuits (ICs) market has seen strong growth in recent years. It will increase from $5.2 billion in 2024 to $5.58 billion in 2025, at a CAGR of 7.3%.
This growth is fueled by rising demand for portable electronics, the growth of the electric vehicle industry, the need for efficient battery use, the trend toward miniaturization of devices, and the increase in energy efficiency regulations.

What Is The Projected Growth Of The Battery Management Integrated Circuits (ICs) Template Market?

The battery management integrated circuits (ics) market is expected to maintain its strong growth trajectory in upcoming years.
• The battery management integrated circuits (ICs) market is expected to grow to $7.3 billion by 2029 at a CAGR of 6.9%.
Growth is driven by the adoption of electric vehicles, portable consumer electronics demand, renewable energy storage needs, expanding IoT applications, and stringent safety regulations. Trends include AI integration, more efficient and compact ICs, ultra-fast charging advancements, thermal management techniques, and wireless battery management solutions.

What Are The Key Drivers Fueling Growth In The Battery Management Integrated Circuits (ICs) Market?

The demand for electric vehicles is anticipated to boost the growth of the battery management integrated circuit (IC) market. Electric vehicles (EVs) are cars powered by electric motors using stored energy from batteries or other energy sources. The increasing demand for EVs is driven by technological innovations, environmental concerns, financial incentives, safety advancements, and infrastructure improvements. Battery management ICs play a critical role in enhancing EV battery performance, ensuring safe charging, balancing cell levels, and monitoring battery health. For example, in April 2024, the International Energy Agency reported that EV sales surged by 3.5 million in 2023, a 35% rise from the previous year. This growth in EV adoption is therefore contributing to the expansion of the battery management IC market.

What Are The Principal Market Segments In The Global Battery Management Integrated Circuits (ICs) Industry?

The battery management integrated circuits (ICs) market covered in this report is segmented –
1) By Integrated Circuit (IC) Type: Battery Integrated Circuits (ICs), Battery Authentication Integrated Circuits (ICs), Battery Fuel Gauge Integrated Circuits (ICs), Battery Protector Integrated Circuits (ICs)
2) By Battery Type: Lithium-ion-based, Lead-acid-based, Nickel-based, Flow Batteries, Other Batteries
3) By Application: Automotive, Industrial Equipment, Medical Devices, Consumer Electronics, Other Applications Subsegments:
1) By Battery Integrated Circuits (ICs): Single-Cell Battery ICs, Multi-Cell Battery ICs, Li-ion/Li-polymer Battery ICs, Battery Management System ICs
2) By Battery Authentication Integrated Circuits (ICs): Authentication ICs For Rechargeable Batteries, Secure Battery Authentication ICs For Smart Devices, Battery Authentication ICs For Electric Vehicles
3) By Battery Fuel Gauge Integrated Circuits (ICs): Single-Cell Fuel Gauge ICs, Multi-Cell Fuel Gauge ICs, High-Precision Fuel Gauge ICs For Automotive Applications, Digital Fuel Gauge ICs For Consumer Electronics
4) By Battery Protector Integrated Circuits (ICs): Overcurrent Protection ICs, Overvoltage/Undervoltage Protection ICs, Thermal Protection ICs, Short-Circuit Protection ICs

Pre-Book The Battery Management Integrated Circuits (ICs) Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:

What Trends Are Reshaping The Future Of The Battery Management Integrated Circuits (ICs) Market?

Companies in the Battery Management Integrated Circuits market are innovating with next-generation battery cell controller ICs to improve energy efficiency and extend battery life. For example, in November 2023, NXP Semiconductors launched the MC33774 battery cell controller IC. This advanced system provides precise monitoring for lithium-ion cells, supports safety-critical applications, and enables passive cell balancing, ultimately enhancing the performance and safety of EVs and energy storage systems.

Who Are the Key Players In The Battery Management Integrated Circuits (ICs) Market?

Major companies operating in the battery management integrated circuits (ICs) market are:
• Samsung Electronics Co. Ltd.
• Panasonic Holdings Corporation
• Qualcomm Incorporated
• Toshiba Corporation
• Texas Instruments Incorporated
• STMicroelectronics N.V.
• Infineon Technologies AG
• NXP Semiconductors NV
• Analog Devices Inc.
• Renesas Electronics Corporation
• ON Semiconductor Corporation
• Microchip Technology Incorporated
• Skyworks Solutions Inc.
• Qorvo Inc.
• ROHM Co. Ltd.
• ams OSRAM AG
• Nisshinbo Micro Devices Inc.
• Diodes Incorporated
• Monolithic Power Systems Inc.
• Semtech Corporation
• Torex Semiconductor Ltd.
• Ablic Inc.
• Dialog Semiconductor Plc
• Eutech Microelectronics Inc.
• Richtek Technology Corporation

What Are The Regional Insights Into The Battery Management Integrated Circuits (ICs) Market?

Asia-Pacific was the largest region in the battery management integrated circuits (ICs) market in 2024. The regions covered in the battery management integrated circuits (ICs) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.