Lithium rechargeable batteries are used in numerous portable electronics. It is well-known for its rapid charging speed and low self-discharge. The ICs are programmed to control the voltage and ensure the device's security by stopping it from surpassing the anticipated threshold voltage. The growing adoption of robots in the industrial sector is likely to propel the growth of the lithium battery charger ICs market. Significant factors such as the high demand for Li-ion batteries in smartphones and other consumer electronic devices and the development of various renewable energy projects is surging the market growth.
MARKET DYNAMICS
The growing demand for smart devices and other consumer electronic products drives the growth of the lithium battery charger IC market. However, the high initial cost may restrain the development of the lithium battery charger IC market. Furthermore, the growing electric and hybrid electric vehicles
MARKET SCOPE
The "Global Lithium Battery Charger IC Market Analysis to 2028" is a specialized and in-depth study of the lithium battery charger IC market with a special focus on the global market trend analysis. The report aims to provide an overview of lithium battery charger IC market with detailed market segmentation by charger type, appliance, end user and geography. The global lithium battery charger IC market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading lithium battery charger IC market players and offers key trends and opportunities in the lithium battery charger IC market.
MARKET SEGMENTATION
The global lithium battery charger IC market is segmented on the basis of charger type, appliance, and end user. On the basis of charger type, the market is segmented as switching battery chargers, linear battery chargers, pulse battery chargers, and others. On the basis of appliance, the market is segmented as power tools, vacuum cleaners, gardening tools, and others. On the basis of end user, the market is segmented as consumer electronics, energy and power, automotive, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global lithium battery charger IC market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The lithium battery charger IC market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting lithium battery charger IC market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the lithium battery charger IC market in these regions.
MARKET PLAYERS
The reports cover key developments in the lithium battery charger IC market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from lithium battery charger IC market are anticipated to lucrative growth opportunities in the future with the rising demand for lithium battery charger IC market. Below mentioned is the list of few companies engaged in the lithium battery charger IC market.
The report also includes the profiles of key lithium battery charger IC market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Diodes Incorporated
- Future Technology Devices International Ltd
- Microchip Technology Inc.
- Monolithic Power Systems, Inc.
- ON Semiconductor Corporation
- Richtek Technology Corporation (Mediatek)
- ROHM Company Ltd.
- STMicroelectronics N.V.
- TOREX Semiconductor Ltd.
- Vishay Intertechnology, Inc.