Press release
Battery Management System Market 2020: Analysis, Top Companies, Size, Share, Demand and Opportunity To 2025
According to IMARC Group’s latest report, titled “Battery Management System Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,”. Looking forward, IMARC Group expects the global battery management system market to continue its strong growth during the next five years.The battery management system is an electronic device that regulates the usage and performance of the battery. It collects and analyzes operational data from individual cells in the battery pack. Furthermore, battery management system also calculates the energy remaining in the battery and keeps constant check for shorts, loose connections, or breakdowns in wire insulation. As a result, it is widely adopted across various industries, including automotive, telecommunications, healthcare, etc.
Request for a free sample copy of this report: https://www.imarcgroup.com/battery-management-system-market/requestsample
Market Trends
The expanding automobile sector, along with the rising demand for hybrid electric vehicles, has primarily augmented the market for battery management system. Furthermore, the introduction of favorable government policies to control carbon emissions from fuel-driven vehicles has led to the rising adoption of electric vehicles, thereby catalyzing the product demand. Besides this, the increasing penetration of battery-operated vehicles in the public transport fleet is also driving the demand for BMS in the automotive sector. Moreover, continuous upgradations in off-grid renewable energy generation plants have escalated the requirement of BMS solutions for maintaining the power flow measurement, controlling power production and distribution, monitoring electricity usage information, etc. Additionally, the rising adoption of rechargeable batteries in consumer electronic devices and innovative cloud-based battery management systems will continue to drive the BMS market growth.
Battery Management System Market 2020-2025 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
• Eberspaecher Vecture
• Elithion Inc.
• Johnson Matthey
• Leclanche
• Lithium Balance
• Navitas Systems LLC (East Penn Manufacturing Company)
• Nuvation Engineering
• NXP Semiconductor N.V.
• Storage Battery Systems LLC
• Valence Technology Inc. (Lithium Werks B.V.).
The report has segmented the market on the basis of battery type, type, application, topology and region.
Breakup by Battery Type:
• Lithium-Ion Based
• Lead-Acid Based
• Nickel Based
• Others
Breakup by Type:
• Motive Battery
• Stationary Battery
Breakup by Topology:
• Centralized
• Distributed
• Modular
Breakup by Application:
• Automotive
o Electric Vehicles
o E-Bikes
o Golf Carts
• Military and Defense
• Healthcare
• Consumer Electronics
• Telecommunications
• Renewable Energy Systems
• Others
Explore full report with table of contents: https://www.imarcgroup.com/battery-management-system-market
Breakup by Region:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa
Contact US:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Website: https://www.imarcgroup.com/
Email: sales@imarcgroup.com
USA: +1-631-791-1145
Follow us on twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Battery Management System Market 2020: Analysis, Top Companies, Size, Share, Demand and Opportunity To 2025 here
News-ID: 2176368 • Views: …
More Releases from IMARC Group
Natural Stone Market Size Worth USD 54.9 Billion Globally by 2033 at a CAGR of 3 …
Market Overview:
The Natural Stone Market is experiencing steady expansion, driven by Significant Growth in Construction Industry, Product Innovations and Development and Increasing Trend for Home Renovation and Remodeling. According to IMARC Group's latest research publication, "Natural Stone Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The global natural stone market size reached USD 40.4 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD…
RegTech Market Size to Hit USD 70.8 Billion in 2033 | Grow CAGR by 18.0%
Market Overview:
The RegTech market is experiencing rapid growth, driven by increased regulatory complexity and stringency, the economic imperative for cost reduction and efficiency, and rapid advancement and integration of core technologies. According to IMARC Group's latest research publication, "RegTech Market Size, Share, Trends, and Forecast by Component, Deployment Mode, Enterprise Size, Application, End User, and Region, 2025-2033", the global RegTech market size was valued at USD 15.8 Billion in 2024.…
Bicycle Market to Grow Worth USD 102.05 Billion by 2033 | Exhibiting CAGR of 4.4 …
Market Overview:
The bicycle market is experiencing rapid growth, driven by widespread government investment in cycling infrastructure, the surge in e-bike popularity and technology, and strong global focus on health, fitness, and environmental well-being. According to IMARC Group's latest research publication, "Bicycle Market Size, Share, Trends and Forecast by Type, Technology, Price, Distribution Channel, End User, and Region, 2025-2033", The global bicycle market size was valued at USD 67.42 Billion in…
Global Metal Casting Market Report 2025: Size Projected USD 325.69 Billion, CAGR …
According to the latest report by IMARC Group, titled "Metal Casting Market Size, Share, Trends and Forecast by Process, Material Type, End Use, Components, Vehicle Type, Electric and Hybrid Type, Application, and Region, 2025-2033", offers a comprehensive analysis of the industry, which comprises insights on the global metal casting market. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
The global metal casting market size…
More Releases for Battery
Thin Film Micro Battery Market, By Rechargeability (Primary Battery, Secondary B …
The thin film micro battery market is expected to witness market growth at a rate of 30.9% in the forecast period of 2022 to 2029. Data Bridge Market Research report on thin film micro battery market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the demand for the Internet of Things (IoT)…
Deep Cycle Gel Battery Market 2022 Analysis by Top Leading Players | Trojan Batt …
The Deep Cycle Gel Battery Market report offers qualitative and quantitative insights as well as a thorough examination of the market size and expansion rate of all potential market segments. The report has been put together using primary and secondary research methodologies, which offer an exact and detailed understanding of the Deep Cycle Gel Battery market. The Deep Cycle Gel Battery Market is projected to succeed at a CAGR of…
Global Power Energy Storage Battery Market 2019 - Lithium Ion Battery,All-vanadi …
Power Energy Storage Battery Market
The Global Power Energy Storage Battery Market 2019 Research Report incorporates a total and careful investigation of Power Energy Storage Battery industry covering diverse perspectives like market volume, piece of the overall industry, advertise techniques, Power Energy Storage Battery development patterns, assortment of uses, use volume, request and supply examination, creation limit and Power Energy Storage Battery industry cost structures amid Forecast period from…
Space Battery Market analysis report- with Leading players, Types Nickel-based B …
Space Battery Market
The Space Battery Market is defined by the presence of some of the leading competitors operating in the market, including the well-established players and new entrants, and the suppliers, vendors, and distributors. The report also analyzes the development proposals and the feasibility of new investments. The Space Battery Market report has been collated in order to provide guidance and direction to the companies and individuals interested in buying this…
Global EV Battery Recycling Market : Nickel–Cadmium Battery, Nickel–Metal Hy …
The EV Battery Recycling Market Research Report consists of all the essential information in regards to the global market. This report presents an in-depth analysis of various industry factors, such as the market trends, dynamics, production, estimates, industry development drivers, size, share, investigation, supply, forecast trends, sales, industry demand, as well as several other factors.
The Global EV Battery Recycling Market report has been generated leveraging a target amalgamation…
Global Lead Acid UPS Battery Market 2017 : Sebang Global Battery, CSB Battery, H …
Global Lead Acid UPS Battery Market 2016-2017
A market study based on the " Lead Acid UPS Battery Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Lead Acid UPS Battery Market 2017’. The research report analyses the historical as well as present performance of the worldwide Lead Acid UPS Battery industry, and makes predictions on the future status of Lead Acid UPS Battery…
