Press release
Electric Vehicle Battery Management System Market to Reach USD 42.41 Billion by 2030 - Mordor Intelligence
Electric Vehicle Battery Management System Market
Introduction
Mordor Intelligence, in its latest Electric Vehicle Battery Management System Market report, forecasts that the market size is estimated at USD 16.17 billion in 2025 and expected to reach USD 42.41 billion by 2030, at a 21.27 % CAGR
The Electric Vehicle Battery Management System (EV BMS) Market [https://www.mordorintelligence.com/industry-reports/electric-vehicle-battery-management-system-market?utm_source=abnewswire] is experiencing rapid growth as electric mobility continues to gain momentum worldwide. Battery Management Systems play a critical role in monitoring battery performance, ensuring safety, optimizing energy usage, and extending the overall battery lifespan in electric vehicles.
Key Market Trends
Rising Adoption of Wireless BMS Architectures: Wireless battery management systems are reducing wiring complexity, enhancing safety, and enabling real-time monitoring and over-the-air updates, which lower maintenance costs and improve system reliability.
Dominance of Lithium-Ion Batteries with Emerging Solid-State Technologies: Lithium-ion batteries continue to lead the EV BMS market, while solid-state batteries are gaining traction due to higher energy density, safety benefits, and faster charging capabilities.
Shift Toward Modular and Scalable BMS Designs: Modular topologies allow manufacturers to customize systems for different vehicle platforms, improving flexibility and simplifying integration in electric cars, buses, and micro-mobility vehicles.
Growth in Integrated Circuit (IC) Solutions for EV BMS: Integrated circuits form the backbone of modern BMS, offering advanced control, communication, and safety features, with wireless communication ICs witnessing the fastest growth.
Market Segmentation
By Component
*
Integrated Circuits
*
FETs and Drivers
*
Temperature Sensors
*
Fuel Gauge/Current Measurement Devices
*
Microcontrollers
*
Communication Interface ICs
*
Other Components
By Battery Chemistry
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Lithium-ion
*
Solid-state
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Nickel-based
*
Lead acid
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Flow Batteries
By Topology
*
Centralized
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Modular
*
Distributed
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Wireless (Cable-less)
By Communication Technology
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Wired CAN
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Wired Ethernet
*
Wireless RF
By Propulsion Type
*
Battery Electric Vehicles (BEV)
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Hybrid Electric Vehicles (HEV)
*
Plug-in Hybrid Vehicles (PHEV)
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Fuel Cell Electric Vehicles (FCEV)
By Vehicle Type
*
Passenger Cars
*
Light Commercial Vehicles
*
Medium and Heavy Commercial Vehicles
*
Two-Wheelers and Micro-Mobility
*
Off-Highway and Specialty Vehicles
By Sales Channel
*
OEM Fitted
*
Aftermarket/Retrofit
By Geography
*
North America
*
Europe
*
Asia-Pacific
*
Middle East and Africa
Major Players in the EV BMS Market
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Renesas Electronics Corporation: A leading semiconductor manufacturer offering advanced microcontrollers, power management ICs, and battery monitoring solutions tailored for electric vehicle applications.
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NXP Semiconductors: Known for its automotive-grade semiconductors and integrated BMS solutions, enabling safe and efficient battery performance in electric vehicles.
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Analog Devices Inc.: Specializes in high-precision sensing, signal processing, and battery monitoring technologies, providing reliable components for energy management in EVs.
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Texas Instruments: Offers a broad portfolio of analog and embedded processing solutions, supporting scalable and high-performance BMS designs for electric vehicles.
*
Infineon Technologies: A key player in power semiconductors and microelectronics, delivering energy-efficient solutions for battery control, safety, and performance optimization in EV systems.
Conclusion
The Electric Vehicle Battery Management System (EV BMS) Market is set for significant growth, driven by rising electric vehicle adoption, advancements in wireless and modular BMS architectures, and the shift toward high-energy-density battery chemistries like lithium-ion and solid-state. With Asia-Pacific leading production and adoption, and regions like the Middle East & Africa emerging as high-growth markets, global demand for smarter, safer, and more efficient BMS solutions will continue accelerating.
Get More Insights: https://www.mordorintelligence.com/industry-reports/electric-vehicle-battery-management-system-market?utm_source=abnewswire
Industry Related Reports
Battery Management System Market: [https://www.mordorintelligence.com/industry-reports/battery-management-system-market?utm_source=abnewswire] The market report provides coverage of global power battery management system companies and segments the industry by application (stationary, portable, and transportation) and geography (North America, South America, Europe, Middle East & Africa, and Asia-Pacific). Market size and forecasts are presented for all segments in terms of revenue (USD Billion).
Europe Electric Vehicle Battery Management System market: The Europe Electric Vehicle Battery Management System Market report segments the industry by propulsion type (plug-in hybrid electric vehicles and battery electric vehicles), vehicle type (passenger cars, commercial vehicles, and others), battery chemistry (lithium-ion, solid-state, and others), topology (centralized, distributed, and others), and country. Market forecasts are presented in terms of value (USD).
Get More insights: https://www.mordorintelligence.com/industry-reports/europe-electric-vehicle-battery-management-system-market?utm_source=abnewswire
Automotive Battery Management Systems Market: [https://www.mordorintelligence.com/industry-reports/automotive-battery-management-systems-market?utm_source=abnewswire] The Automotive Battery Management System Market report segments the industry by component (battery IC, battery sensors, and others), topology (centralized, modular, and others), propulsion type (hybrid electric vehicles (HEV), battery electric vehicles (BEV), and others), vehicle type (passenger cars, light commercial vehicles, and others), and geography (North America and others). Market forecasts are provided in terms of value (USD).
About Mordor Intelligence: Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals. With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics.
For any inquiries or to access the full report, please contact: media@mordorintelligence.com
https://www.mordorintelligence.com/
Media Contact
Company Name: Mordor Intelligence Private Limited
Contact Person: Jignesh Thakkar
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=electric-vehicle-battery-management-system-market-to-reach-usd-4241-billion-by-2030-mordor-intelligence]
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