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What Is Driving Global Electric Vehicle (EV) Pack Transportation Case Monitoring Market Growth in 2025: The Role of The Increasing Demand For Electric Vehicles Is Fueling The Growth Of The Market Due To The Rising Need For Safe And Reliable Battery Pack T
Electric Vehicle EV Pack Transportation Case Monitoring
Electric Vehicle (EV) Pack Transportation Case Monitoring Market Size Growth Forecast: What to Expect by 2025?
The market for monitoring cases used in electric vehicle (EV) pack transportation has witnessed considerable growth in recent times. Its projection is set to expand from a value of $0.99 billion in 2024 to reach $1.14 billion in 2025, representing a compound annual growth rate (CAGR) of 15.3%. This remarkable expansion over the historic period is linked with an increased awareness of the risks associated with lithium-ion batteries, heightened governmental backing for EV infrastructure, a rising emphasis on the safety of international battery logistics, the growing incorporation of telematics in fleet management, and the escalating requirement for cold chain logistics in handling temperature-sensitive packs.
How Will the Electric Vehicle (EV) Pack Transportation Case Monitoring Market Size Evolve and Grow by 2029?
Anticipated swift expansion is projected for the electric vehicle (EV) pack transportation case monitoring market in the upcoming years, which is anticipated to surge to $1.99 billion by 2029 with a 14.9% compound annual growth rate (CAGR). This projected growth during the forecasted period is linked to the escalating implementation of AI-centric transport surveillance, heightened focus on the circular battery economy, surging necessity for second-life EV battery transport, increasing dependency on unified logistics platforms, and the escalating adoption of mechanization in battery case management. Notable trends for the forecast period consist of progress in real-time thermal imaging systems, blockchain integration to trace batteries, novelty adoption in AI-powered anomaly detection, advancement in digital twin modeling for transport cases, and progress in wireless sensor networks for monitoring cases.
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What Drivers Are Propelling the Growth of Electric Vehicle (EV) Pack Transportation Case Monitoring Market Forward?
The rise in electric vehicle demand is predicted to push forward the electric vehicle (EV) pack transportation case monitor market's progress. Electric vehicles, powered by one or more electric motors instead of traditional combustion motors, provide an eco-friendly alternative with lesser emissions than regular cars, contributing to the global shift towards sustainable transport. The EV pack transportation case monitor improves the protection of battery packs during transport by real-time monitoring of factors such as temperature, vibration, and charge level, thus reducing potential fire damage or performance loss risks, and increasing the dependability and transparency of the supply chain. For instance, as stated in a report by Kelley Blue Book, a US-based Cox Automotive company in January 2024, a record 1.2 million car purchasers in the US opted for electric vehicles in 2023, accounting for 7.6% of the total U.S. car market, a rise from 5.9% in 2022. As a result, the growth of the EV pack transportation case monitoring market is being fueled by the expanding demand for electric vehicles.
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Which Emerging Trends Are Transforming the Electric Vehicle (EV) Pack Transportation Case Monitoring Market in 2025?
Leading businesses in the electric vehicle (EV) pack transportation case monitoring market are concentrating on innovating sophisticated solutions such as fleet telematics and energy-efficient battery management systems for the betterment of operational efficiency and sustainable logistics. Fleet telematics enhances efficiency by monitoring and assessing vehicle activities, location, and usage in real time, whereas an energy-efficient battery management system ensures prolonged battery longevity and enhanced performance by meticulous regulation of charging, discharging, and energy use. For example, in May 2022, India's leading automotive company, Tata Motors, revealed the Ace EV, equipped with its proprietary EVOGEN powertrain system. This innovation encompasses a certified range of 154 kilometers per single charge, a regenerative braking system to extend driving range, and superior charging capabilities for reduced downtime. It is further equipped with the Fleet Edge telematics system to offer real-time vehicle tracking and management, thereby boosting reliability for e-cargo mobility. In addition, it features an advanced battery cooling system and robust vehicle construction designed to ensure consistent performance and safe operations in all weather conditions, particularly for last-mile delivery requirements.
What Are the Key Segments in the Electric Vehicle (EV) Pack Transportation Case Monitoring Market?
The electric vehicle (EV) pack transportation case monitoring market covered in this report is segmented as
1) By Component: Hardware, Software, Services
2) By Monitoring Type: Temperature Monitoring, Shock Or Vibration Monitoring, Humidity Monitoring, Location Tracking, Other Monitoring Types
3) By Application: Automotive, Energy Storage, Logistics, Other Applications
4) By End-User: Original Equipment Manufacturers (OEMs), Logistics Providers, Battery Manufacturers, Other End-Users
Subsegments:
1) By Hardware: Global Positioning System (GPS) Trackers, Battery State-Of-Charge (SoC) Sensors, Temperature Sensors, Humidity Sensors, Shock And Vibration Sensors, Radio Frequency Identification (RFID) Devices, Internet of Things (IoT) Gateways
2) By Software: Fleet Management Software, Route Optimization Software, Predictive Analytics Software, Data Logging And Cloud Storage Software, Compliance And Regulatory Reporting Software, Battery Management System (BMS) Software
3) By Services: Installation And Integration Services, Maintenance And Support Services, Monitoring And Remote Diagnostics Services, Data Analytics And Reporting Services, Training And Consultation Services
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Who Are the Key Players Shaping the Electric Vehicle (EV) Pack Transportation Case Monitoring Market's Competitive Landscape?
Major companies operating in the electric vehicle (ev) pack transportation case monitoring market are Honeywell International Inc., Teltonika Telematics UAB, Samsara Inc., Geotab Inc., Project44 Inc., Fleet Complete Inc., PowerFleet Inc., Lytx Inc., Fleetio, Ramco Systems., Fleetx Technologies Private Limited, Tive Inc., OnAsset Intelligence Inc., Mojio Inc., Trinetra Wireless, Zubie Inc., Invoxia Inc., Vyncs Inc., Autopi Inc., Queclink Wireless Solutions Inc.
What Geographic Markets Are Powering Growth in the Electric Vehicle (EV) Pack Transportation Case Monitoring Market?
North America was the largest region in the electric vehicle (EV) pack transportation case monitoring market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in electric vehicle (EV) pack transportation case monitoring report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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