Buck-Boost Charger IC Market was valued at USD 1.45 Billion in 2022 and is projected to reach USD 2.55 Billion by 2030, growing at a CAGR of 7.8% from 2024 to 2030.
From 2023 to 2033, the demand for Buck-Boost Charger ICs is expected to see a continuous rise, driven by several key factors. The increasing adoption of electric vehicles (EVs) remains a primary driver, as EV manufacturers rely heavily on Buck-Boost technology to improve charging efficiency and extend battery life. The growing use of renewable energy sources, such as solar and wind, also creates a need for advanced energy storage systems that incorporate Buck-Boost ICs. These technologies are instrumental in optimizing energy conversion, making them indispensable in solar power systems, where fluctuating energy levels demand adaptable power management solutions.
In addition to renewable energy applications, the rising trend of portable electronics, coupled with the rapid growth of the IoT (Internet of Things) ecosystem, is contributing to the increasing demand for Buck-Boost Charger ICs. As more devices require efficient power conversion, the need for compact and high-performance charger ICs will continue to expand. The automotive sector, particularly with the integration of smart grids and vehicle-to-grid (V2G) technologies, will see significant adoption of these ICs, improving energy flow management for electric vehicles and grid infrastructure. Furthermore, industries like healthcare, where portable medical devices are in high demand, will also propel the market for these versatile power solutions.
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The Buck-Boost Charger IC market experienced significant growth from 2018 to 2022, with advancements in power electronics and energy-efficient technologies. This period saw an increasing demand for more compact, reliable, and energy-efficient solutions across various sectors, including automotive, industrial, and consumer electronics. These charger ICs, which can step up or step down voltage, played a crucial role in meeting the diverse power needs of portable devices, electric vehicles, and renewable energy systems. The rise of electric vehicles (EVs), along with growing concerns about energy conservation, drove the demand for more efficient power management systems, which significantly boosted the market's trajectory. With many countries focusing on green energy initiatives, the need for cost-effective and sustainable charging solutions accelerated further, positioning Buck-Boost Charger ICs as essential components in modern power systems.
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ADI
Renesas(Intersil)
TI
Southchip Semiconductor Technology
H&M Semiconductor
Shenzhen Blue Whale Source Technology
MERCHIP
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Buck-Boost Charger IC Market
Lithium Ion Batteries
Lead-Acid Batteries
Nickel Batteries
Based on Types the Market is categorized into Below types that held the largest Buck-Boost Charger IC market share In 2023.
Linear Charger IC
Switch Mode Charger IC
Direct Charger IC
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Buck-Boost Charger IC Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Buck-Boost Charger IC Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Buck-Boost Charger IC Market, By Type
6. Global Buck-Boost Charger IC Market, By Application
7. Global Buck-Boost Charger IC Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Buck-Boost Charger IC Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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