Research Expert: Sarah Overall
  • Published: Jun 2025
  • Pages: 150
  • SKU: IRTNTR77867

  • Latest News- Battery Management IC Market: Fuel gauge IC is expected to lead the Product Type segment during 2025-2029

    The Battery Management IC Market is being driven by Rising adoption of EVs and hybrid electric vehicles (HEVs)

    The Battery Management IC Market is expected to grow at a CAGR of 10.8% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 3400.8 million. Battery Management ICs (BMICs) equipped with advanced Artificial Intelligence (AI) and Machine Learning (ML) algorithms can analyze vast amounts of battery performance data to predict battery health and remaining useful life with high accuracy. These capabilities enable early detection of battery degradation, identification of potential failure modes, and proactive recommendations for maintenance actions to prevent costly downtime. Furthermore, AI-powered BMICs can dynamically adjust charging parameters based on real-time battery conditions, usage patterns, and environmental factors. Continuous learning from battery performance data allows these ICs to optimize charging profiles, maximize energy efficiency, minimize charging times, and extend battery lifespan while ensuring safe operation. ML algorithms enable BMICs to autonomously optimize battery performance and energy usage based on specific application requirements. 

    Get more information on Battery Management IC Market by requesting a sample report

    Which Factors Are Causing a Surge in Market Growth?

    The market is segmented based on

    • Product Type
      • Fuel gauge IC
      • Battery charger IC
      • Authentication IC
    • End-user
      • Consumer products and communications
      • Automotive
      • Industrial
      • Others
    • Battery Type
      • Lithium-Ion
      • Lead acid
      • Nickel metal hydride
      • Lithium-polymer
    • Type
      • Monolithic BMS ICs
      • Modular BMS ICs
      • Discrete BMS Solutions
    • Geography
      • APAC
        • China
        • India
        • Japan
        • South Korea
      • North America
        • Canada
        • US
      • Europe
        • Germany
        • UK
        • France
      • South America
        • Brazil
      • Middle East and Africa

      According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

      • Rising adoption of EVs and hybrid electric vehicles (HEVs)
      • Growing proliferation of portable electronic devices
      • Advances in battery technology

      However, the market also witnesses some limitations, which are as follows:

      • Power efficiency and heat dissipation issues in battery management ICs
      • Supply chain disruptions and component shortages affect battery management IC production
      • Safety and reliability concerns related to battery management ICs

      Benefits of Buying Global Battery Management IC Market Research Report by Technavio

      Rich Experience: 20+ years leading global market research, trusted insights across industries.

      Unlock Business Potential with Technavio: Maximize ROI with Technavio's tailored market research: deep dives and actionable insights.

      Your Guide to Market Success: Empower your business with Technavio's market research and future-proof your decisions.

      Market Scope in Battery Management IC Market Research Report

      Market Scope

      Report Coverage

      Details

      Page number

      253

      Base year

      2024

      Historic period

      2019-2023

      Forecast period

      2025-2029

      Growth momentum & CAGR

      Accelerate at a CAGR of 10.8%

      Market growth 2025-2029

      USD 3400.8 million

      Market structure

      fragmentation

      YoY growth 2024-2025(%)

      9.5

      Key countries

      US, China, Japan, India, Germany, UK, Canada, South Korea, Australia, France, Rest of World (ROW), Brazil, UAE, US, China, Japan, India, Germany, UK, Canada, South Korea, Australia, and France

      Competitive landscape

      Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

      Find out which segment is leading the market by accessing the free PDF report

      Research Analysis Overview

      The Battery Management IC (Integrated Circuit) market encompasses technologies and solutions for monitoring, protecting, and optimizing battery packs. Key areas include Battery Pack Telemetry, Data Logging, and Analytics for Battery Cell Chemistry, Cycle Life, Capacity, Impedance, Aging, and Degradation. Safety standards, fire safety, thermal management, and recycling are also crucial. Battery Management Solutions offer Predictive Maintenance, Health Monitoring, Performance Optimization, Energy Density, Power Density, Weight, Size, Cost, Reliability, Durability, and Life Extension. Platforms and Services complete the market landscape.

      Market Research Overview

      The Battery Management System (BMS) market, a significant segment of the global semiconductor industry, primarily focuses on the production and integration of Lithium-ion Batteries (Li-ion Batteries) in Electric Vehicles (EVs) and Hybrid Electric Vehicles (HEVs). The parent semiconductor market encompasses semiconductor manufacturers producing Integrated Circuits (ICs), including memory, logic, analog, micro components, optoelectronics, sensors, and discrete semiconductors. According to Technavio, the global semiconductor market size is determined by the revenue generated from the shipment of semiconductor ICs to Original Equipment Manufacturers (OEMs) and Original Design Manufacturers (ODMs). This market comprises both fab and fabless companies, as well as Integrated Device Manufacturers (IDMs). The global semiconductor market growth is influenced by several factors, such as the escalating investments in constructing new fabs and expanding existing ones.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.


      Contacts

      Technavio Research
      Jesse Maida
      Media & Marketing Executive
      US: +1 844 364 1100
      UK: +44 203 893 3200
      Email: media@technavio.com
      Website: www.technavio.com/

      Read News Read Less
      Interested in this report?
      Get your sample now!

    Safe and Secure SSL Encrypted

    Technavio

    • 2500 USD

    [5 reports/month/user]

    • 5000 USD

    close
    • Basic Plan [5000 USD/Year]:

      Single User
      Download 5 Reports/Month
      View 100 Reports/Month
      Add upto 3 Users at 625 USD/user

    • Teams Plan [7500 USD/Year]:

      5 User
      Download 5 Reports/Month/User
      View 100 Reports/Month/User
      Add upto 30 Users at 500 USD/user

    *You can upgrade to Teams plan at Subscription page

    close
    • Single:

      One user only.
      Quick & easy download option

    • Enterprise:

      Unlimited user access (Within your organization).
      Complimentary Customization Included

    *For Enterprise license, go to checkout page

    Technavio Get the report (PDF) sent to your email within minutes.