Lithium Battery Charger IC market

Lithium Battery Charger IC 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.)

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Lithium Battery Charger IC 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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TOC & market synopsis on Lithium Battery Charger IC 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 Lithium Battery Charger IC 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.



Global Lithium Battery Charger IC 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 segment’s 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 fastestgrowing

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.



Global Lithium Battery Charger IC market

- Geographical Analysis

• Geographical distribution of the worldwide Lithium Battery Charger IC 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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Global Lithium Battery Charger IC 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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Lithium Battery Charger IC market

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