EV Battery Safety Enhances Demand for Monitoring IC Technologies
The global battery monitoring IC market is entering a pivotal growth phase driven by rapid electrification, expansion of renewable energy systems, and rising adoption of smart electronic devices. Valued at US$ 1.1 billion in 2024, the market is projected to reach US$ 2.9 billion by 2035, expanding at an impressive CAGR of 9.2% between 2025 and 2035. As battery-dependent applications—from...
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