Automotive Battery Management System Market Volume Forecast and Value Chain Analysis 2016-2026
Automotive Battery Management System Market Dynamics
Environmental sustainability is the prime concern which in turn is increasing the adoption electric/ hybrid vehicles. These vehicles requires complex battery management systems primarily to ensure efficient working of vehicle components and is primarily expected to drive global automotive battery management systems market.
User configurable automotive battery management systems are gaining traction in the market for its ease of operation at transient level of vehicle load. High maintenance cost and lacking technical know-how regarding installation and operation of automotive battery management systems may restraint to the growth of the global automotive battery management systems market.
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Automotive Battery Management System: Segmentation
Automotive Battery Management System Market can be segmented by vehicle type, sales channel, connection topology and connectivity
By vehicle type, global automotive battery management systems market can be segmented as:
Internal Combustion Engines
Battery Electric Vehicles
Light Commercial vehicles
Heavy Commercial vehicles
Based on sales channel, global automotive battery management systems market can be segmented as:
Original Equipment Manufacturer
Global automotive battery management systems can further be segmented by topology:
Centralized ( Multi wire system)
Distributed (Single wire systems)
Modular ( Special systems)
By connectivity, global automotive battery management systems can be segmented as:
Automotive Battery Management System: Regional Outlook
Global Automotive battery management system market is segmented into seven key regions namely North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan, Middle East and Africa. The North America automotive battery management systems market is the largest contributor with highest consumer base. APEJ automotive battery management systems market will have a sound growth rate due to rising vehicle sales and increasing demands for feature vehicles such as connectivity. The market would be volume driven across all regions and car types. Value additions by suppliers and a strong sales channel would be key requisites of the market
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Automotive Battery Management System Market: Key Players
Some of the major players identified in the Global Automotive Battery Management Systems are
Ewert Energy Systems, Inc
Ashwoods Energy Ltd.
LG Chem Power Inc.
Lithium Balance A/S
Texas Instruments Inc.
Navitas Systems LLC
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