Global Demand for Smart Batteries Signals Prosperous Future for Battery Management ICs
Retrieved on:
Tuesday, November 14, 2023
DUBLIN, Nov. 14, 2023 /PRNewswire/ -- The "Battery Management ICs - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.
Key Points:
- DUBLIN, Nov. 14, 2023 /PRNewswire/ -- The "Battery Management ICs - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.
- The global market for Battery Management ICs estimated at US$7.5 Billion in the year 2022, is projected to reach a revised size of US$10.9 Billion by 2030, growing at a CAGR of 4.9% over the analysis period 2022-2030.
- Growth in the Battery Charger ICs segment is estimated at 4.7% CAGR for the next 8-year period.
- The Battery Management ICs market in the U.S. is estimated at US$1.2 Billion in the year 2022.