Press release
Global Battery Management Systems Market Porters Five Force Analysis with Focus on Key Developments and Company Profiling - Forecast 2022
According to Stratistics MRC, the Battery Management Systems market is expected to reach $6,927 million by 2022 growing at a CAGR of 21.4% from 2015 to 2022. Battery management systems are specially designed to meet the strong requirements of protecting and managing Plug-in Hybrid Electric Vehicle (PHEV), Hybrid Electric Vehicles (HEV), and battery packs for Electric Vehicles (EV) with automotive grade quality. The increasing applications of rechargeable batteries in healthcare, telecom, and military, and increasing market for electric and hybrid vehicles are factors favoring the market growth. The growth of battery management systems in automotive industry and power grids are indicating the strong penetration of BMS in the global market.
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Automotive segment dominated the battery management systems market, followed by consumer/handheld and energy. The technological advancements in electric and hybrid vehicles to minimize fuel costs and maximize efficiency, is reducing the size of BMS.
Due to existence of hefty manufacturers, BMS market is experiencing the high level of rivalry. Asia Pacific has the largest market for BMS due to presence of major automotive manufacturers and increasing usage of electric and hybrid vehicles in China. APAC is followed by North America and Europe.
some the key players of the market include, Elithion, Inc., L&T Technology Services, SK Continental E-motion, Toshiba Corporation, Lithium Balance Corporation, Electric Vehicle Innovative Systems, Lithium Balance Corporation, Valence Technology, Inc, Vecture Inc., TWS, The Ventec Company, Merlin Equipment Ltd., Nuvation Engineering, Navitas System LLC and Ashwoods Energy Limited.
Browse the full report @ http://www.orbisresearch.com/reports/index/battery-management-systems-global-market-outlook-2015-2022 .
Topologies Covered:
Distributed
Modular
Centralized
Components Covered:
Na Battery
Power Module
DC/DC Converter
Communication Channel
End Users Covered:
Automotive
E-vehicles
Golf Carts
E-recreational vehicles
Medical Mobility vehicles
Segways
E-bikes
Consumer/Handheld
Portable medical equipment
Garden tools
Vacuum cleaners
Power tools
Others
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Energy
Solar
Wind
Uninterrupted power supply (UPS)
Portable battery packs
Grid
Drones
Telecom
Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
For any enquires before buying, connect with us @ enquiry@orbisresearch.com
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Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.
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