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Battery Management System Market Top Companies Analysis, In-Depth Insight, Business Opportunities And Forecast 2030
Battery Management System Market | Emergen Research
A battery pack is an assembly of battery cells under the control of BMS, which monitors battery, provides battery protection, estimates battery's operational state, optimizes battery performance, and reports operational status to external devices. Rechargeable batteries are controlled by BMS, which makes sure they function effectively and securely. The circuit board of a BMS, which contains a number of electronic components, helps to raise e battery pack's ambient temperature. Heat management is a crucial component for maintaining vehicle safety because entire mechanism operates in a small space.
Rising initiatives from governments of various countries for adoption of EVs are increasing demand for battery management systems. For example, Chile aims to set energy efficiency requirements for new cars sold by automakers or importers, taking into account electric and hybrid vehicles multipliers when determining sales average automobile efficiency.
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Global Battery Management System Market research report offers a panoramic view of the Battery Management System market, regulatory framework, and macro- and micro-economic factors that influence the growth of the industry. The report strives to offer authentic information about the Battery Management System market size, share, product portfolio, revenue estimations, and growth rate. The report has been formulated through extensive primary and secondary research along with verified and reliable data obtained from industry experts and professionals.
Major Companies in the Market Include:
Leclanché SA, Nuvation, Eberspächer, Analog Devices, Inc., BMS PowerSafe, Johnson Matthey, Epec, LLC., Elithion, Inc., NXP Semiconductors, Exponential Power, Renesas Electronics Corporation, and Texas Instruments Incorporated.
Key Highlights From the Report
The nickel battery segment is expected to register a significant revenue CAGR during the forecast period. Nickel battery produces high peak power, has greater specific energy with less hazardous metals, less impact on memory, is eco-friendly, and has a nice deep discharge.
The Uninterrupted Power Supply (UPS) segment is expected to register a rapid growth rate during the forecast period. Battery systems are used in grid power to provide backup and protect against grid power fluctuations. These systems have applications in cell phone towers, A/C power substations, internet infrastructure tools, aviation ground support systems, tower communications, weather stations, and distributed energy resources.
The Europe market accounted for second-largest revenue share in 2021 due to rising demand for advanced BMS for electric cars and bikes, which is driving revenue growth of the market in this region.
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Emergen Research has segmented the global battery management system market based on battery type, topology, end-use, and region:
Battery Type Outlook (Revenue, USD Billion; 2019-2030)
Lead-Acid Battery
Lithium-ion Battery
Nickel Battery
Others
Topology Outlook (Revenue, USD Billion; 2019-2030)
Centralized
Distributed
Modular
End-use Outlook (Revenue, USD Billion; 2019-2030)
Automotive
E-Bikes
Electric Vehicles
Autonomous Guided Vehicles
Telecommunications
Military
Renewable Energy Systems
Uninterrupted Power Supply (UPS)
Others
Regional Outlook (Revenue, USD Billion; 2019-2030)
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Benelux
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
South Africa
Turkey
Rest of Middle East & Africa
Table of Contents:
Chapter 1 includes an introduction of the global Battery Management System market, along with a comprehensive market overview, market scope, product offerings, and an investigation of the market drivers, growth opportunities, risks, restraints, and other vital factors.
Chapter 2 offers an in-depth analysis of the key manufacturers engaged in this business vertical, along with their sales and revenue estimations.
Chapter 3 elaborates on the highly competitive terrain of the market, highlighting the key manufacturers and vendors.
In Chapter 4, our team has fragmented the market on the basis of regions, underscoring the sales, revenue, and market share of each region over the forecast timeline.
Chapters 5 and 6 have laid emphasis on the market segmentation based on product type and application.
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