[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Global Battery Management System Market Size Study & Forecast, by Battery Type (Lithium-ion based, Lead-acid based, Nickel-based, Others) by Topology (Centralized, Distributed, Modular), by Application (Automotive, Telecommunication, Consumer electronics, Industrial, Others) and Regional Analysis, 2023-2030

April 2024 | 200 pages | ID: G5CAA4DDBCC9EN
Bizwit Research & Consulting LLP

US$ 4,950.00

E-mail Delivery (PDF), Hard Copy Mail Delivery

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
Global Battery Management System Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. Battery Management System (BMS) is an electronic system that manages rechargeable batteries, ensuring their safe and efficient operation. It monitors several key parameters such as voltage, current, temperature, state of charge (SOC), and state of health (SOH) of individual battery cells or a battery pack. BMS plays a crucial role in extending battery life, maximizing performance, and ensuring safety in various applications. Moreover, factors such as increasing adoption of electric vehicles, expansion of renewable energy projects, rising demand for consumer electronics, and increasing awareness of energy efficiency and sustainability are anticipated to create a lucrative demand for the market during the forecast period 2023-2030.

Additionally, the increasing adoption of electric vehicles (EVs) plays a significant role in supporting the growth of the Battery Management System (BMS) market. Electric vehicles rely on batteries as their primary source of power. As more EVs are manufactured and sold, there is a corresponding increase in the demand for batteries. This surge in battery demand directly drives the need for efficient battery management systems to ensure optimal performance, safety, and longevity of these batteries. According to The International Energy Agency, in 2019, the number of Battery Electric Vehicles (BEV) and Plug-in Hybrid Vehicles (PHEV) sold was 580,000 and 1,500,000, respectively. In 2022, the numbers reached 2,900,000 and 7,300,000, respectively. As a result, the growing demand for EVs is anticipated to propel lucrative opportunities for the market. Moreover, the growing investments in research and development activities focused on battery technologies, and the development of a wireless battery management system are anticipated to create a lucrative opportunity for the market. However, the lack of standardization in battery management solutions, and complex designing processes stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Battery Management System Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the surge in the adoption of electric vehicles, growth in renewable energy integration, growing demand for energy storage systems, and expansion of aerospace and defence applications. Whereas the Asia Pacific is expected to grow with the fastest growth rate during the forecast period, owing to factors such as the rapid expansion of electric vehicles, growing renewable energy deployment, expansion of manufacturing and industrial sectors, and increasing adoption of consumer electronics.

Major market players included in this report are:

Renesas Electronics Corporation

Sensata Technologies, Inc.

Elithion Inc.

NXP Semiconductors

Leclanchй SA

Texas Instruments Incorporated

Nuvation Energy

Analog Devices, Inc.

Exponential Power

Infineon Technologies AG

Recent Developments in the Market:
  • In January 2023, Texas Instruments Incorporated unveiled two highly accurate EV battery monitoring integrated circuits (ICs) designed to enhance the range of capabilities of electric vehicles (EVs). These latest additions to the company's battery management systems (BMS) portfolio are the BQ79718-Q1 battery cell monitor IC and the BQ79731-Q1 battery pack monitor IC. These ICs are specifically engineered to optimize the driving range of EVs, marking a significant advancement in the field of electric vehicle technology.
Global Battery Management System Market Report Scope:
  • Historical Data – 2020 - 2021
  • Base Year for Estimation – 2022
  • Forecast period - 2023-2030
  • Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
  • Segments Covered – Battery Type, Topology, Application, Region
  • Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
  • Customization Scope - Free report customization (equivalent to up to 8 analysts’ working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define the market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters to detailed information about the crucial aspects such as driving factors & challenges that will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Battery Type:

Lithium-ion based

Lead-acid based

Nickel-based

Others

By Topology:

Centralized

Distributed

Modular

By Application:

Automotive

Telecommunication

Consumer electronics

Industrial

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Middle East & Africa

Saudi Arabia

South Africa

Rest of Middle East & Africa
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
  1.2.1. Battery Management System Market, by Region, 2020-2030 (USD Billion)
  1.2.2. Battery Management System Market, by Battery Type, 2020-2030 (USD Billion)
  1.2.3. Battery Management System Market, by Topology, 2020-2030 (USD Billion)
  1.2.4. Battery Management System Market, by Application, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL BATTERY MANAGEMENT SYSTEM MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Industry Evolution
  2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL BATTERY MANAGEMENT SYSTEM MARKET DYNAMICS

3.1. Battery Management System Market Impact Analysis (2020-2030)
  3.1.1. Market Drivers
    3.1.1.1. Increasing adoption of electric vehicles
    3.1.1.2. Expansion of renewable energy projects
    3.1.1.3. Rising demand for consumer electronics
    3.1.1.4. Increasing awareness of energy efficiency and sustainability
  3.1.2. Market Challenges
    3.1.2.1. Lack of standardization in battery management solutions
    3.1.2.2. Complex designing processes
  3.1.3. Market Opportunities
    3.1.3.1. Growing investments in research and development activities focused on battery technologies
    3.1.3.2. Development of a wireless battery management system

CHAPTER 4. GLOBAL BATTERY MANAGEMENT SYSTEM MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economical
  4.3.3. Social
  4.3.4. Technological
  4.3.5. Environmental
  4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL BATTERY MANAGEMENT SYSTEM MARKET, BY BATTERY TYPE

5.1. Market Snapshot
5.2. Global Battery Management System Market by Battery Type, Performance - Potential Analysis
5.3. Global Battery Management System Market Estimates & Forecasts by Battery Type 2020-2030 (USD Billion)
5.4. Battery Management System Market, Sub Segment Analysis
  5.4.1. Lithium-ion based
  5.4.2. Lead-acid based
  5.4.3. Nickel-based
  5.4.4. Others

CHAPTER 6. GLOBAL BATTERY MANAGEMENT SYSTEM MARKET, BY TOPOLOGY

6.1. Market Snapshot
6.2. Global Battery Management System Market by Topology, Performance - Potential Analysis
6.3. Global Battery Management System Market Estimates & Forecasts by Topology 2020-2030 (USD Billion)
6.4. Battery Management System Market, Sub Segment Analysis
  6.4.1. Centralized
  6.4.2. Distributed
  6.4.3. Modular

CHAPTER 7. GLOBAL BATTERY MANAGEMENT SYSTEM MARKET, BY APPLICATION

7.1. Market Snapshot
7.2. Global Battery Management System Market by Application, Performance - Potential Analysis
7.3. Global Battery Management System Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
7.4. Battery Management System Market, Sub Segment Analysis
  7.4.1. Automotive
  7.4.2. Telecommunication
  7.4.3. Consumer electronics
  7.4.4. Industrial
  7.4.5. Others

CHAPTER 8. GLOBAL BATTERY MANAGEMENT SYSTEM MARKET, REGIONAL ANALYSIS

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Battery Management System Market, Regional Market Snapshot
8.4. North America Battery Management System Market
  8.4.1. U.S. Battery Management System Market
    8.4.1.1. Battery Type breakdown estimates & forecasts, 2020-2030
    8.4.1.2. Topology breakdown estimates & forecasts, 2020-2030
    8.4.1.3. Application breakdown estimates & forecasts, 2020-2030
  8.4.2. Canada Battery Management System Market
8.5. Europe Battery Management System Market Snapshot
  8.5.1. U.K. Battery Management System Market
  8.5.2. Germany Battery Management System Market
  8.5.3. France Battery Management System Market
  8.5.4. Spain Battery Management System Market
  8.5.5. Italy Battery Management System Market
  8.5.6. Rest of Europe Battery Management System Market
8.6. Asia-Pacific Battery Management System Market Snapshot
  8.6.1. China Battery Management System Market
  8.6.2. India Battery Management System Market
  8.6.3. Japan Battery Management System Market
  8.6.4. Australia Battery Management System Market
  8.6.5. South Korea Battery Management System Market
  8.6.6. Rest of Asia Pacific Battery Management System Market
8.7. Latin America Battery Management System Market Snapshot
  8.7.1. Brazil Battery Management System Market
  8.7.2. Mexico Battery Management System Market
8.8. Middle East & Africa Battery Management System Market
  8.8.1. Saudi Arabia Battery Management System Market
  8.8.2. South Africa Battery Management System Market
  8.8.3. Rest of Middle East & Africa Battery Management System Market

CHAPTER 9. COMPETITIVE INTELLIGENCE

9.1. Key Company SWOT Analysis
  9.1.1. Company
  9.1.2. Company
  9.1.3. Company
9.2. Top Market Strategies
9.3. Company Profiles
  9.3.1. Renesas Electronics Corporation
    9.3.1.1. Key Information
    9.3.1.2. Overview
    9.3.1.3. Financial (Subject to Data Availability)
    9.3.1.4. Product Summary
    9.3.1.5. Recent Developments
  9.3.2. Sensata Technologies, Inc.
  9.3.3. Elithion Inc.
  9.3.4. NXP Semiconductors
  9.3.5. Leclanchй SA
  9.3.6. Texas Instruments Incorporated
  9.3.7. Nuvation Energy
  9.3.8. Analog Devices, Inc.
  9.3.9. Exponential Power
  9.3.10. Infineon Technologies AG

CHAPTER 10. RESEARCH PROCESS

10.1. Research Process
  10.1.1. Data Mining
  10.1.2. Analysis
  10.1.3. Market Estimation
  10.1.4. Validation
  10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

12 .LIST OF TABLES

TABLE 1. Global Battery Management System Market, report scope
TABLE 2. Global Battery Management System Market estimates & forecasts by region 2020-2030 (USD Billion)
TABLE 3. Global Battery Management System Market estimates & forecasts by Battery Type 2020-2030 (USD Billion)
TABLE 4. Global Battery Management System Market estimates & forecasts by Topology 2020-2030 (USD Billion)
TABLE 5. Global Battery Management System Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 6. Global Battery Management System Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Battery Management System Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Battery Management System Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Battery Management System Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Battery Management System Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Battery Management System Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Battery Management System Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Battery Management System Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Battery Management System Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Battery Management System Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Battery Management System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Battery Management System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. U.S. Battery Management System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Battery Management System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. Canada Battery Management System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada Battery Management System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Battery Management System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. UK Battery Management System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK Battery Management System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Battery Management System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. Germany Battery Management System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany Battery Management System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Battery Management System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. France Battery Management System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France Battery Management System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Battery Management System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. Italy Battery Management System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy Battery Management System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Battery Management System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Spain Battery Management System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain Battery Management System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Battery Management System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. RoE Battery Management System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE Battery Management System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Battery Management System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. China Battery Management System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China Battery Management System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Battery Management System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. India Battery Management System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India Battery Management System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Battery Management System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. Japan Battery Management System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan Battery Management System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Battery Management System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. South Korea Battery Management System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea Battery Management System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Battery Management System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. Australia Battery Management System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia Battery Management System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Battery Management System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. RoAPAC Battery Management System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC Battery Management System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Battery Management System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. Brazil Battery Management System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil Battery Management System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Battery Management System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Mexico Battery Management System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico Battery Management System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Battery Management System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. RoLA Battery Management System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA Battery Management System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. Saudi Arabia Battery Management System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. South Africa Battery Management System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. RoMEA Battery Management System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Battery Management System Market
TABLE 71. List of primary sources, used in the study of global Battery Management System Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Battery Management System Market, research methodology
FIG 2. Global Battery Management System Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Battery Management System Market, key trends 2022
FIG 5. Global Battery Management System Market, growth prospects 2023-2030
FIG 6. Global Battery Management System Market, porters 5 force model
FIG 7. Global Battery Management System Market, pest analysis
FIG 8. Global Battery Management System Market, value chain analysis
FIG 9. Global Battery Management System Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Battery Management System Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Battery Management System Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Battery Management System Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Battery Management System Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Battery Management System Market, regional snapshot 2020 & 2030
FIG 15. North America Battery Management System Market 2020 & 2030 (USD Billion)
FIG 16. Europe Battery Management System Market 2020 & 2030 (USD Billion)
FIG 17. Asia Pacific Battery Management System Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Battery Management System Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Battery Management System Market 2020 & 2030 (USD Billion)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


More Publications