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Battery Monitoring System Market opportunities, Product types, Regions, overview, Competition Landscape and Dashboard to 2022

09-10-2018 03:40 PM CET | Energy & Environment

Press release from: RnRMarketResearch.com

Battery Monitoring System Market opportunities, Product

The leading players in the battery monitoring system market include NDSL (UK), Texas Instruments (US), Power Shield (New Zealand), Battery DAQ (US), Canara (US), and Eagle Eye (US). Asia Pacific and North America are the key markets for hardware due to the rising demand for monitoring the state of health and state of charge of batteries with the help of hardware components. All these factors are expected to drive the battery monitoring system market during the forecast period.

Download Free PDF Sample Brochure of “Battery Monitoring System Market” With Detailed TOC and Company Analysis at http://www.rnrmarketresearch.com/contacts/request-sample?rname=1354691

The battery monitoring system market is projected to reach USD 5.47 billion by 2022, from an estimated USD 2.37 billion in 2017, at a CAGR of 18.23%, during the forecast period. The need to prevent unplanned outages, increasing demand for electric vehicles, and improved operational efficiency of batteries have boosted the demand for battery monitoring systems.

Increasing renewable power generation and the growing use of battery monitoring systems in data center applications would further aid the growth of this market. The high costs of battery monitoring systems for larger battery solutions would act as a restraint for the battery monitoring system market.

Target Audience:
• Battery monitoring system manufacturers and suppliers
• Component manufacturers and suppliers
• Consulting companies in the power sector
• Electric utilities
• Government and power research organizations
• Manufacturing industries

The hardware segment is estimated to be the fastest-growing battery monitoring system market, by component, from 2017 to 2022. The growth of this segment can be attributed to simple installation, reduced need of cabling, and fast data sampling of components such as sensors, hub, and controllers.

Battery Monitoring System Market Overview:
• By Component
o Hardware
o Software
• By Type
o Wired
o Wireless
• By Battery Type
o Lithium-Ion Based
o Lead-Acid
o Others
• By End-User
o Telecommunication
o Automotive
o Energy
o Industries
o Others
• By Region
o Asia Pacific
o North America
o Europe
o Middle East & Africa
o South America

Make an Inquiry for Discounted Battery Monitoring System Market Report at http://www.rnrmarketresearch.com/contacts/discount?rname=1354691

The market in North America is driven by rising electric vehicle sales, growing investments in data centers, and rising renewable power generation capacities in the region. It is projected to grow at the second-fastest rate during the forecast period. The US and Canada are estimated to be the largest markets for battery monitoring systems in the region.

The distribution of primary interviews is as follows:
 By Company Type: Tier 1- 10%, Tier 2- 40%, Tier 3- 50%
 By Designation: C-Level- 10%, D-Level- 10%, Others- 80%
 By Region: Asia Pacific- 60%,North America- 10%, Europe- 10%, Middle East & Africa- 10%, South America- 10%,

List of Tables & Figures
• Table 1 Global Battery Monitoring System Market Snapshot
• Table 2 Battery Monitoring System Market Size, By Component, 2015–2022 (USD Billion)
• Table 3 Hardware: Battery Monitoring System Market Size, By Region, 2015–2022 (USD Million)
• Table 4 Software: Battery Monitoring System Market Size, By Region, 2015–2022 (USD Million)
• Table 5 Battery Monitoring System Market Size, By Type, 2015–2022 (USD Million)
• Table 6 Wired: Battery Monitoring System Market Size, By Region, 2015–2022 (USD Million)
• Table 7 Wireless: Battery Monitoring System Market Size, By Region, 2015–2022 (USD Million)
• Table 8 Battery Monitoring System Market Size, By Battery Type, 2015–2022 (USD Million)
• Table 9 Lithium-Ion Based: Battery Monitoring System Market Size, By Region, 2015–2022 (USD Million) )
• Table 10 Lead-Acid Battery: Battery Monitoring System Market Size, By Region, 2015–2022 (USD Million)
• Table 11 Others: Battery Monitoring System Market Size, By Region, 2015–2022 (USD Million)..Continued
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RnR Market Research
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