Title: Global Lithium Battery Charger Ics market
1Lithium Battery Charger ICs Market Research
Report By Forecast 2023
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2023
PREPARED BY Market Research Future (Part of
Wantstats Research Media Pvt. Ltd.)
2Lithium Battery Charger ICs Market Forecast To
2023
Lithium Battery Charger ICs Market Forecast To
2023
- The global market for lithium battery charger ICs
can potentially touch a valuation of USD 34.45
billion by 2023, reveals Market Research Future
(MRFR). The market also seems to be on track to
achieve a strong growth rate of 21.11 during the
forecast period (2018-2023). - Lithium-ion (Li) battery chargers refer to the
rechargeable batteries that come with elevated
charging capacity as well as low amount of
discharge. With the evolution of consumer
electronic products, there have been
advancements in the state of batteries.
Popularity of Li-ion batteries has managed to
increase its application in the military and
aerospace sectors. Li-ion battery charger ICs
help ensure that the battery lasts longer and are
not prone to overheating.
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3Lithium Battery Charger ICs Market Forecast To
2023
Taste the market data and market information
presented through more than 50 market data tables
and figures spread in 100 numbers of pages of
the project report. Avail the in-depth table of
content TOC market synopsis on Lithium Battery
Charger ICs Market Forecast To 2023
- Surging popularity of consumer electronic
products is believed to be one of the prime
market drivers. Manufacturers are working on
lowering the size of ICs so additional functions
can be integrated, which further facilitates
battery management as well as thermal stability.
Other than this, emergence of hybrid electric
and electric vehicles can open up a host of
growth opportunities for the market in the near
future. - Industry 4.0 has revolutionized the way processes
are automated and this factor is poised to induce
the growth of the Global Lithium Battery Charger
Ics market during the conjectured timeframe.
Rising use of robotics in manufacturing as well
as many other sectors is projected to elicit the
demand for high-quality ICs. Given the surging
use of warehouse robots, collaborative robots,
palletizing robots and assembly robots across
industries, the market growth is expected to
surge significantly in the following years.
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4Lithium Battery Charger ICs Market Forecast To
2023
Global Lithium Battery Charger ICs Market
Segmented on the basis of Type, appliances, and
end-users are the top segments according to which
the lithium battery charger ICs market has been
studied in the report. Types of lithium battery
chargers mentioned in the report are switching
battery chargers, pulse battery chargers,
buck/boost battery chargers, SMBus/I2C/SPI
controlled battery chargers, µModule battery
chargers, and linear battery chargers. Switching
battery chargers are the leading segment in the
lithium battery charger ICs market, as reported
in 2017. The segments dominant share in the
market is the result of the high efficiency of
small and cheap AC adapters, which has boosted
its demand among consumers. Additionally, its
compatibility with a number of consumer
electronic device chargers also helps elevate the
segment position in the market. SMBus/I2C/SPI
controlled battery chargers are exhibited to be
the fastest- growing segment in the near future,
on account of their ability to facilitate better
battery management and adjust parameters like
battery float voltage, input current as well as
charge current effectively.
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5Lithium Battery Charger ICs Market Forecast To
2023
- Global Lithium Battery Charger ICs Market -
Geographical Analysis - Geographical distribution of the worldwide
lithium battery charger ICs market describes the
latest trends and - growth potential of Europe, North America, Asia
Pacific (APAC), and the Rest-of-the-World (RoW). - In 2017, North America was reported to be the
supreme market for lithium battery charger ICs,
given the rich concentration of renowned players
like Microchip Technology Inc., ON Semiconductor
Corporation, Analog Devices Inc., and Maxim
Integrated Products Inc. These players are
striving to use innovative technologies in order
to come up with cost-effective and safe battery
charger ICs. Continuous innovation by the
well-known players in the region can boost the
market growth in the coming years. Also,
considerable investments made by the reputed
vendors in the region to bring down the charging
period of electric vehicles are expected to
stimulate the market growth during the
conjectured timeframe.
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6Lithium Battery Charger ICs Market Forecast To
2023
- Global Lithium Battery Charger ICs Market -
Competitive Analysis - The significant players in the worldwide market
for lithium battery charger ICs are Integrated
Device Technologies Inc. (U.S.), Active-Semi,
Inc. (U.S.), Silergy Corporation (China),
Shanghai Nanxin Semiconductor Technology Co.
Ltd. (China), Vishay Intertechnology, Inc.
(U.S.), NXP Semiconductors N.V. (The
Netherlands), Holtek Semiconductors Inc.
(China), Maxim Integrated (U.S.), Texas
Instruments Inc. (U.S.), Toshiba Corporation
(Japan), New Japan Radio Co., Ltd. (Japan), ROHM
Company Ltd. (Japan), TOREX Semiconductor Ltd.
(Japan), ON Semiconductor Corporation (U.S.),
Intersil Corporation (U.S.), STMicroelectronics
N.V. (Switzerland), Richtek Technology
Corporation (Taiwan), Monolithic Power Systems,
Inc. (U.S.), Microchip Technology Inc. (U.S.),
Future Technology Devices International (FTDI)
Chip (U.K.), Diodes Incorporated (U.S.), Analog
Devices Inc. (U.S.), to mention a few.
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