Lithium-Ion Battery Protection ICs are specialized semiconductor devices crucial for battery safety and performance optimization. These ICs monitor and control critical parameters like voltage, current, and temperature to prevent overcharging, overdischarging, short circuits, and thermal runaway in lithium-ion batteries. The protection ICs include single-cell and multi-cell variants, catering to different battery configurations and applications.
The market growth is driven by expanding demand for lithium-ion batteries across consumer electronics, electric vehicles, and energy storage systems. While the semiconductor industry faced moderated growth in 2022 (4.4% overall), protection ICs maintained strong demand due to their essential role in battery safety. Asia Pacific dominates the market despite regional semiconductor sales declining 2.0% in 2022, reflecting the concentration of battery manufacturing in this region. Key players like Texas Instruments, ABLIC Inc., and ON Semiconductor are investing in advanced protection technologies to address evolving battery safety requirements across industries.
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Single-Cell Protection ICs Lead the Market Due to Widespread Use in Consumer Electronics
The market is segmented based on type into:
Mobile Phones Segment Dominates Owing to High Battery Safety Requirements in Smartphones
The market is segmented based on application into:
Overcharge Protection Segment Holds Major Share Due to Critical Safety Requirements