Global Battery Fuel Gauge Market by Type (Discrete Gauges, Battery Management Units (BMU), Protection Integrated Gauges), By Application (Consumer Electronics, Battery Back up & Energy Storage systems, Medical, Industrial, Automotive) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global battery fuel gauge market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for consumer electronics and battery back up & energy storage systems. Additionally, the growing demand for electric vehicles is also contributing to the growth of this market. However, fluctuations in prices of raw materials may restrain the growth of this market during the forecast period. The global battery fuel gauge market can be segmented on the basis of type, application and region. On the basis of type, it can be divided into discrete gauges and protection integrated gauges. The discrete gauges segment is expected to hold a major share in this market owing to its low cost and easy installation process as compared to protection integrated gauges. On the basis of application, it can be classified into consumer electronics, battery back up & energy storage systems, medical devices, industrial equipment and automotive applications among others . Consumer electronics held a dominant share in 2017 due to an increase in sales across developed countries such as U .S.



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Product Definition:

A battery fuel gauge is a device used to indicate the level of remaining charge in a battery. The importance of having a battery fuel gauge on board is that it allows the operator to make informed decisions about when to recharge or replace the battery.

Discrete Gauges:

A discrete gauge is a device that measures a single parameter and is used to monitor the level of liquid in containers. It can be as simple as an empty glass or as complicated as a pressure-based sensor for monitoring temperature, volume, flow rate or any combination of parameters. The basic function of these gauges is to provide feedback regarding the status of some process variable and help operators control processes more efficiently by providing real-time information on process parameters.

Battery Management Units (BMU):

Battery Management Units (BMU) are electronic devices that manage battery fuel gauge in vehicles. They help to prevent battery drainage by shutting down non-essential electrical systems when the vehicle is idle or parked. The main function of a BMU is to monitor and control various aspects of batteries such as voltage, current, temperature and health status among others.

Application Insights:

The consumer electronics segment accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growing demand for smartphones, tablets, laptops and other related products has created a need for better batteries which in turn is fueling the demand. Furthermore, technological advancements such as high-density battery cells have further propelled growth of this segment.

Battery fuel gauges are used in various automotive applications including engine management systems to monitor battery health & charge status of electric vehicles (EVs). Increasing investments by governments across various regions towards development & implementation of stringent regulations pertaining to EVs is also expected to drive growth over the forecast period. For instance, Government Of China invested USD 3500 Million To build 10 million EVs By 2020 ¢â‚¬Å“ Electric Vehicles 2025 ¢â‚¬ And Promote Intelligent Transportation Systems In The Country.

Regional Analysis:

Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for consumer electronics and electric vehicles in countries such as China, India, Japan, and South Korea. Furthermore, rising investments in renewable energy infrastructure are anticipated to drive the market further. For instance; In 2016; China invested around USD X billion on renewable energy projects which include wind power generation and solar photovoltaic installation.

North America accounted for a significant share of revenue owing to early adoption of fuel gauges in automotive applications along with growing emphasis on reducing carbon footprint associated with battery charging activities by adopting advanced technologies such as Electric Vehicles (EVs).

Growth Factors:

Increasing demand for electric vehicles
Growing demand from the automotive sector
Rising popularity of smart devices and portable electronics
Proliferation of wireless charging technologies
Development of next-generation battery technologies


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Scope Of The Report
Report Attributes
Report Details
Report Title
Battery Fuel Gauge Market Research Report
By Type
Discrete Gauges, Battery Management Units (BMU), Protection Integrated Gauges
By Application
Consumer Electronics, Battery Back up & Energy Storage systems, Medical, Industrial, Automotive
By Companies
Texas Instruments, Dallas Semiconductor, Maxim Integrated, Silicon Standard, STMicroelectronics, Analog Devices, Cadex Electronics, ON Semiconductor, SparkFun Electronics, Farnell, Texas Instruments
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.

Global Battery Fuel Gauge Market Report Segments:
The global Battery Fuel Gauge market is segmented on the basis of:
Types
Discrete Gauges, Battery Management Units (BMU), Protection Integrated Gauges
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Consumer Electronics, Battery Back up & Energy Storage systems, Medical, Industrial, Automotive
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
Texas Instruments
Dallas Semiconductor
Maxim Integrated
Silicon Standard
STMicroelectronics
Analog Devices
Cadex Electronics
ON Semiconductor
SparkFun Electronics
Farnell
Texas Instruments



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Highlights of The Battery Fuel Gauge Market Report:
The market structure and projections for the coming years.
Drivers, restraints, opportunities, and current trends of market.
Historical data and forecast.
Estimations for the forecast period 2030.
Developments and trends in the market.
By Type:
Discrete Gauges
Battery Management Units (BMU)
Protection Integrated Gauges
By Application:
Consumer Electronics
Battery Back up & Energy Storage systems
Medical
Industrial
Automotive
Market scenario by region, sub-region, and country.
Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Battery Fuel Gauge Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
Correctly Positioning New Products
Market Entry Strategies
Business Expansion Strategies
Consumer Insights
Understanding Competition Scenario
Product & Brand Management
Channel & Customer Management
Identifying Appropriate Advertising Appeals



8 Reasons to Buy This Report
Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
Implemented Robust Methodology to Prepare the Report
Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
Provides Information About the Top-winning Strategies Implemented by Industry Players.
In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
Customization of the Report Available

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