Report Overview
Definition: Battery Fuel Gauge ICs are integrated circuits designed to monitor and report battery State of Charge (SoC) and State of Health (SoH).
Key Functions:
Optimizes Battery Performance – Enhances battery lifespan and efficiency.
Improves Energy Efficiency – Ensures optimal power management. Ensures Safe Operation – Prevents overcharging and overheating risks.
Applications:
Mobile Devices – Smartphones, tablets, and laptops.
Medical Equipment – Portable healthcare devices.
Robotics – Autonomous machines and industrial robots.
Market Analysis
Market Value: The Battery Fuel Gauge ICs market was valued at USD 1,283.7 million in 2023 and is projected to reach USD 1,647.2 million by 2030.
Growth Rate: Expected to grow at a CAGR of 3.6% during the forecast period.
Regional Market Share: Asia-Pacific – Dominates the market with a 60% share.
North America – Holds 20% of the market. Europe – Accounts for 10% of the market.
