MARKET AND OVERVIEW
To authenticate a battery pack, the host generates a 160-bit random challenge. The generated random challenge is transmitted to the authentication device, which uses the secret key along with the 160-bit random challenge from the host to calculate the authentication digest value. Battery identification ICs provide data storage and serial number identification for battery packs. This report provides a deep insight into the global Battery Authentication ICs market covering all its essential aspects.
MARKET SIZE AND GROWTH
The global Battery Authentication ICs Market size was estimated at USD 635 million in 2023 and is projected to reach USD 1183.35 million by 2030, exhibiting a CAGR of 9.30% during the forecast period.
North America Battery Authentication ICs market size was USD 165.46 million in 2023, at a CAGR of 7.97% during the forecast period of 2025 through 2030.
