September 23, 2020

Bi-directional Battery Switch Market Analysis & Forecast with 2020

Global Bi-directional Battery Switch Market – Introduction

  • Bi-directional battery switches allow bidirectional flow of the current, which is useful for several operations as well as charging. Bi-directional battery switches possess reverse blocking capability, which helps in isolating the battery from the system.
  • The logic control of a bi-directional battery switch is designed for interaction with the system controller and wireless charging receiver. This facilitates creation of a dual-input charger application in a single switch.
  • In the ON position, bi-directional battery switches allow bi-directional current, while in the OFF position, they protect the battery from overcharging and excessive current drain. Also, they reduce battery power loss during normal operations.
  • A bi-directional battery comes with a slew rate control, which makes it suitable for use in high-load bi-directional capacitors as well as switching applications With high current load

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Miniaturization of Electronics Devices to Drive Global Bi-directional Battery Switch Market

  • Printed circuit boards (PCBs) have limited space in devices such as smartphones, digital cameras, and data storage systems. Bi-directional battery switches are designed to save the PCB space in a majority of electronic devices instead of discrete MOSFET solutions that occupy around 26 square millimeters of space. In these devices, discrete MOSFET solutions utilize three components for battery isolation.
  • Bi-directional battery switches come in wafer chip-scale packages (WCSPs), which are suitable for use in devices with limited space. Bi-directional battery switches are available in ultra-small sizes i.e. around 1.3 mm x 1.7 mm x 0.4 mm pitch. This saves around 91% of the printed circuit board unlike discrete MOSFETs.
    • For instance, Vishay Intertechnology offers bi-directional battery switches that come in the size of 2.3 square millimeters. They save space and lower the overall count of components so as to simplify designs.
  • Rising use of such space-saving devices is estimated to promote growth of the global bi-directional battery switch market during the forecast period

North America to Lead Global Market

  • In terms of region, the global bi-directional battery switch market can be segmented into: North America, Europe, Asia Pacific, Middle East & Africa, and South America
  • North America is anticipated to hold a leading share of the global market during the forecast period, followed by Asia Pacific. This is attributable to the high level of adoption of electronic devices in the region.
  • The bi-directional battery switch market in Asia Pacific is expected to expand at the maximum CAGR during the forecast period, due to growth of consumer electronics and telecommunications industries in the region. The market in Europe is expected to expand at a significant rate between 2019 and 2027.
  • Middle East & Africa and South America offer high growth potential to the bi-directional battery switch market

Key Players in Global Market

Prominent players operating in the global bi-directional battery switch market are focusing on technological advancements and expansions to meet the increased demand for bi-directional battery switches.

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Key players operating in the global bi-directional battery switch market are:

  • Vishay Intertechnology Inc.
  • Maxim Integrated
  • Diodes Incorporated
  • ON Semicondcutor
  • Texas Instruments Incorporated

Global Bi-directional Battery Switch Market – Segmentation

The global bi-directional battery switch market can be segmented based on:

  • Application
  • End-use Industry

Global Bi-directional Battery Switch Market, by Application

Based on application, the global bi-directional battery switch market can be divided into:

  • Battery Isolators
  • Testing Instruments
  • Communication Devices
  • Data Storage Devices
  • Digital Cameras
  • Others

Global Bi-directional Battery Switch Market, by End-use Industry

In terms of end-use industry, the global bi-directional battery switch market can be segmented into:

  • Information Technology
  • Electronics & Semiconductor
  • Healthcare
  • Automotive
  • Aerospace & Defense
  • Others

Global Bi-directional Battery Switch Market, by Region

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • France
    • U.K.
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Rest of South America

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

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The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?