Automotive Battery Management System Market by Battery Type (Lithium-ion, Lead-acid, Nickel-based, Solid-state), Topology (Modular, Centralized, Distributed), Application (Passenger Vehicles, Commercial Vehicles) and Region- Global Forecast to 2028
The global automotive battery management system (BMS) market size is expected to grow from USD 4.7 billion in 2023 to USD 11.7 billion in 2028, at a CAGR of 19.8% from 2023 to 2028. Battery management systems are critical for monitoring multiple battery-related measures such as voltage, current, charge, power, health, and safety. Within the automotive industry, battery-powered vehicles are divided into three categories: passenger, commercial, and other vehicles, which cover a wide range of applications such as passenger cars, buses, trucks, e-bikes, two-wheelers, and three-wheelers. Several factors are propelling the popularity of EVs which include environmental concerns, advancements in battery technology, an expanding charging infrastructure, and others. Hence as the adoption of electric vehicles rise globally, demand for automotive BMS is anticipated to grow in the forecast period.
“Modular topology segment is projected to grow at highest CAGR during the forecast period”
A modular arrangement is also called decentralized, star, or master and slave’s topology. Each cell board handles a specific number of cells in the modular structure. Communication interfaces are employed to connect the master control board with the slave board that helps control the operations of the system. The modular architecture in an automotive BMS consists of two topologies—master-slave and peer-to-peer. The modular BMS architecture offers a trade-off between the advantages and drawbacks of centralized and distributed topologies. Most manufacturers prefer modular topology as it offers good computational power and is safe as it does not require extensive wire harnesses.
'The market in North America is expected to grow at a significant CAGR during the forecast period'
The North American automotive BMS market is further segmented into the US, Canada, and Mexico. With the implementation of many clean energy initiatives such as net zero emissions, across the region, the demand for electric vehicles, plug-in hybrid, and hybrid vehicles is rising. The governments of major countries in the region are taking initiatives such as providing incentives and subsidies to propel the adoption of EVs in their countries. Battery-powered vehicles such as electric vehicles, e-bikes, and automated guided vehicles are currently in high demand in the US.
Breakdown of the profiles of primary participants:
Research Coverage
The automotive BMS market has been classified by component, system type, battery type, topology, application, and region. The market by components has been classified into hardware and software. By system type, the market has been segmented into standalone BMS and integrated BMS. The battery type segment market is divided into lithium-ion batteries, lead-acid batteries, and others. The market has been divided into modular, centralized, and distributed topology segments. Furthermore, the application segment includes passenger vehicles, commercial vehicles, and other vehicles. The study also forecasts the market size in four key regions—North America, Europe, Asia Pacific, and RoW.
Key Benefits of Buying the Report:
The report provides insights on the following pointers:
Market Development: Comprehensive information about lucrative markets – the report analyses the automotive BMS market across regions such as North America, Europe, Asia Pacific, Middle East & Africa, and South America.
Market Diversification: Exhaustive information about new products & technologies, untapped geographies, recent developments, and investments in the automotive BMS market
Competitive Assessment: In-depth assessment of market position, growth strategies, and product offerings of leading players like Eberspдcher (Germany), Sensata Technologies, Inc. (US), AVL (Austria), LG Energy Solution (South Korea), and Ficosa Internacional SA (Spain) among others in the automotive BMS market
Strategies: The report also helps stakeholders understand the pulse of the automotive BMS market and provides information on key market drivers, restraints, challenges, and opportunities.
“Modular topology segment is projected to grow at highest CAGR during the forecast period”
A modular arrangement is also called decentralized, star, or master and slave’s topology. Each cell board handles a specific number of cells in the modular structure. Communication interfaces are employed to connect the master control board with the slave board that helps control the operations of the system. The modular architecture in an automotive BMS consists of two topologies—master-slave and peer-to-peer. The modular BMS architecture offers a trade-off between the advantages and drawbacks of centralized and distributed topologies. Most manufacturers prefer modular topology as it offers good computational power and is safe as it does not require extensive wire harnesses.
'The market in North America is expected to grow at a significant CAGR during the forecast period'
The North American automotive BMS market is further segmented into the US, Canada, and Mexico. With the implementation of many clean energy initiatives such as net zero emissions, across the region, the demand for electric vehicles, plug-in hybrid, and hybrid vehicles is rising. The governments of major countries in the region are taking initiatives such as providing incentives and subsidies to propel the adoption of EVs in their countries. Battery-powered vehicles such as electric vehicles, e-bikes, and automated guided vehicles are currently in high demand in the US.
Breakdown of the profiles of primary participants:
- By Company Type: Tier 1 - 40%, Tier 2 - 30%, and Tier 3 - 30%
- By Designation: C-level Executives - 45%, Directors - 35%, and Others - 20%
- By Region: North America - 30%, Europe - 28%, Asia Pacific - 35%, and RoW – 7%
Research Coverage
The automotive BMS market has been classified by component, system type, battery type, topology, application, and region. The market by components has been classified into hardware and software. By system type, the market has been segmented into standalone BMS and integrated BMS. The battery type segment market is divided into lithium-ion batteries, lead-acid batteries, and others. The market has been divided into modular, centralized, and distributed topology segments. Furthermore, the application segment includes passenger vehicles, commercial vehicles, and other vehicles. The study also forecasts the market size in four key regions—North America, Europe, Asia Pacific, and RoW.
Key Benefits of Buying the Report:
The report provides insights on the following pointers:
- Analysis of key drivers (Growing penetration of electric vehicles, Increasing electrification of public transportation), restraints (Lack of standardization in battery management solutions, Complexity of various battery technologies), opportunities (Rising government initiatives globally for adoption of electric vehicles, Advantages of wireless battery management systems over conventional), and challenges (Complex designing process, Impact of external factors on performance) influencing the growth of the automotive BMS market
Market Development: Comprehensive information about lucrative markets – the report analyses the automotive BMS market across regions such as North America, Europe, Asia Pacific, Middle East & Africa, and South America.
Market Diversification: Exhaustive information about new products & technologies, untapped geographies, recent developments, and investments in the automotive BMS market
Competitive Assessment: In-depth assessment of market position, growth strategies, and product offerings of leading players like Eberspдcher (Germany), Sensata Technologies, Inc. (US), AVL (Austria), LG Energy Solution (South Korea), and Ficosa Internacional SA (Spain) among others in the automotive BMS market
Strategies: The report also helps stakeholders understand the pulse of the automotive BMS market and provides information on key market drivers, restraints, challenges, and opportunities.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 AUTOMOTIVE BMS MARKET SEGMENTATION
1.3.2 REGIONAL SCOPE
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 LIMITATIONS
1.6 STAKEHOLDERS
1.7 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 AUTOMOTIVE BMS MARKET: RESEARCH DESIGN
2.1.1 SECONDARY AND PRIMARY RESEARCH
FIGURE 3 AUTOMOTIVE BMS MARKET: RESEARCH APPROACH
2.1.2 SECONDARY DATA
2.1.2.1 List of major secondary sources
2.1.2.2 Key data from secondary sources
2.1.3 PRIMARY DATA
2.1.3.1 Primary interviews with experts
2.1.3.2 Key data from primary sources
2.1.3.3 Key industry insights
2.1.3.4 Breakdown of primaries
2.2 MARKET SIZE ESTIMATION
2.2.1 TOP-DOWN APPROACH
2.2.1.1 Estimation of market size using top-down approach
FIGURE 4 AUTOMOTIVE BMS MARKET: TOP-DOWN APPROACH
2.2.2 BOTTOM-UP APPROACH
2.2.2.1 Estimation of market size using bottom-up approach
FIGURE 5 AUTOMOTIVE BMS MARKET: BOTTOM-UP APPROACH
FIGURE 6 AUTOMOTIVE BMS MARKET: MARKET SIZE ESTIMATION METHODOLOGY
2.3 DATA TRIANGULATION
FIGURE 7 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
FIGURE 8 ASSUMPTIONS FOR RESEARCH STUDY
2.5 PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION ON AUTOMOTIVE BMS MARKET
2.6 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
FIGURE 9 AUTOMOTIVE BMS MARKET, 2019–2028 (USD MILLION)
FIGURE 10 LITHIUM-ION SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
FIGURE 11 MODULAR SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
FIGURE 12 PASSENGER VEHICLES SEGMENT TO COMMAND LARGEST MARKET SHARE DURING FORECAST PERIOD
FIGURE 13 ASIA PACIFIC TO REGISTER HIGHEST CAGR IN AUTOMOTIVE BMS MARKET DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN AUTOMOTIVE BMS MARKET
FIGURE 14 RISING DEMAND FOR ELECTRIC VEHICLES TO FUEL MARKET GROWTH DURING FORECAST PERIOD
4.2 AUTOMOTIVE BMS MARKET, BY BATTERY TYPE
FIGURE 15 LITHIUM-ION SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD
4.3 AUTOMOTIVE BMS MARKET, BY TOPOLOGY
FIGURE 16 MODULAR SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
4.4 AUTOMOTIVE BMS MARKET, BY APPLICATION
FIGURE 17 PASSENGER VEHICLES SEGMENT TO CAPTURE LARGEST MARKET SHARE DURING FORECAST PERIOD
4.5 NORTH AMERICA: AUTOMOTIVE BMS MARKET, BY COUNTRY AND APPLICATION
FIGURE 18 PASSENGER VEHICLES AND US TO BE LARGEST SHAREHOLDERS OF NORTH AMERICAN AUTOMOTIVE BMS MARKET IN 2028
4.6 AUTOMOTIVE BMS MARKET, BY COUNTRY
FIGURE 19 CHINA TO EXHIBIT HIGHEST CAGR IN AUTOMOTIVE BMS MARKET FROM 2023 TO 2028
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 20 AUTOMOTIVE BMS MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Remarkable growth of electric vehicles industry
FIGURE 21 GLOBAL EV CAR STOCK, 2018–2022 (MILLION UNITS)
5.2.1.2 Strong focus on electrification of public transportation
5.2.1.3 Government-led initiatives to boost adoption of EVs
FIGURE 22 ANALYSIS OF IMPACT OF DRIVERS ON AUTOMOTIVE BMS MARKET
5.2.2 RESTRAINTS
5.2.2.1 Developing universal battery management system standards for various applications
FIGURE 23 ANALYSIS OF IMPACT OF RESTRAINTS ON AUTOMOTIVE BMS MARKET
5.2.3 OPPORTUNITIES
5.2.3.1 Emergence of novel battery technologies
5.2.3.2 Advantages of wireless battery management systems over traditional systems
5.2.3.3 Development of cell management system (CMS) technology
FIGURE 24 ANALYSIS OF IMPACT OF OPPORTUNITIES ON AUTOMOTIVE BMS MARKET
5.2.4 CHALLENGES
5.2.4.1 Impact of external factors on performance of battery management systems
5.2.4.2 Complexities of modern battery technologies impeding development of reliable battery management systems
FIGURE 25 ANALYSIS OF IMPACT OF CHALLENGES ON AUTOMOTIVE BMS MARKET
5.3 VALUE CHAIN ANALYSIS
FIGURE 26 VALUE CHAIN ANALYSIS
TABLE 1 MAPPING OF KEY BMS SEMICONDUCTOR PROVIDERS, BY KEY FUNCTION
5.3.1 BATTERY PASSPORT AND ITS IMPACT ON BATTERY VALUE CHAIN
5.4 KEY FUNCTIONS OF BMS
5.4.1 BATTERY MANAGEMENT
5.4.2 CELL BALANCING
5.4.3 THERMAL MANAGEMENT
5.4.4 STATE OF CHARGE
5.4.5 STATE OF HEALTH
5.5 ECOSYSTEM/MARKET MAP
FIGURE 27 ECOSYSTEM ANALYSIS
TABLE 2 ROLE OF PLAYERS IN ECOSYSTEM
5.6 PRICING ANALYSIS
5.6.1 AVERAGE SELLING PRICE TREND FOR AUTOMOTIVE BMS
FIGURE 28 AVERAGE SELLING PRICE TREND FOR AUTOMOTIVE BMS
5.6.2 AVERAGE SELLING PRICE OF AUTOMOTIVE BATTERY MANAGEMENT SYSTEMS
FIGURE 29 AVERAGE SELLING PRICE OF AUTOMOTIVE BATTERY MANAGEMENT SYSTEMS OFFERED BY KEY PLAYERS
TABLE 3 AVERAGE SELLING PRICE OF AUTOMOTIVE BATTERY MANAGEMENT SYSTEMS OFFERED BY KEY PLAYERS (USD)
5.6.3 AVERAGE SELLING PRICE TREND, BY REGION
TABLE 4 AVERAGE SELLING PRICE OF AUTOMOTIVE BATTERY MANAGEMENT SYSTEMS, BY REGION (USD)
5.7 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
FIGURE 30 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.8 TECHNOLOGY ANALYSIS
5.8.1 AB BATTERY SYSTEM
5.8.2 SODIUM-ION BATTERY
5.8.3 SOLID-STATE BATTERY
5.9 PORTER’S FIVE FORCES ANALYSIS
TABLE 5 IMPACT OF PORTER’S FIVE FORCES
FIGURE 31 PORTER’S FIVE FORCES ANALYSIS
5.9.1 BARGAINING POWER OF SUPPLIERS
5.9.2 BARGAINING POWER OF BUYERS
5.9.3 THREAT OF NEW ENTRANTS
5.9.4 THREAT OF SUBSTITUTES
5.9.5 INTENSITY OF COMPETITIVE RIVALRY
5.10 KEY STAKEHOLDERS AND BUYING CRITERIA
5.10.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 32 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY APPLICATION
TABLE 6 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY APPLICATION (%)
5.10.2 BUYING CRITERIA
FIGURE 33 KEY BUYING CRITERIA FOR APPLICATIONS
TABLE 7 KEY BUYING CRITERIA FOR APPLICATIONS
5.11 CASE STUDY ANALYSIS
TABLE 8 CASE STUDY 1: ABU DHABI'S MASDAR CITY TO INTRODUCE AUTONOMOUS PRT SYSTEM WITH LITHIUM-ION BATTERIES
TABLE 9 CASE STUDY 2: SENSATA TECHNOLOGIES COLLABORATES WITH CHINESE OEM TO ENHANCE S-BMS FOR FAST-CHARGING EV BUSES
TABLE 10 CASE STUDY 3: SENSATA'S S-BMS INTEGRATION WITH QEV ARCFOX GT ENSURES UNMATCHED SAFETY STANDARDS AND PERFORMANCE
5.12 TRADE ANALYSIS
5.12.1 IMPORT SCENARIO
FIGURE 34 IMPORT DATA FOR PRODUCTS COVERED UNDER HS CODE 850650, BY COUNTRY, 2018–2022 (USD MILLION)
5.12.2 EXPORT SCENARIO
FIGURE 35 EXPORT DATA FOR PRODUCTS COVERED UNDER HS CODE 850650, BY COUNTRY, 2018–2022 (USD MILLION)
5.13 PATENT ANALYSIS
FIGURE 36 TOP 10 PATENT APPLICANTS IN LAST 10 YEARS
TABLE 11 TOP 20 PATENT OWNERS IN US DURING 2013–2022
FIGURE 37 NUMBER OF PATENTS GRANTED PER YEAR FROM 2013 TO 2022
TABLE 12 AUTOMOTIVE BMS-RELATED INNOVATIONS AND PATENT REGISTRATIONS, 2022–2023
5.14 KEY CONFERENCES AND EVENTS, 2023–2024
TABLE 13 AUTOMOTIVE BMS MARKET: CONFERENCES AND EVENTS, 2022–2024
5.15 STANDARDS AND REGULATORY LANDSCAPE
5.15.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 14 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 15 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 16 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 17 ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.15.2 STANDARDS AND REGULATIONS
TABLE 18 STANDARDS RELATED TO BATTERY MANAGEMENT SYSTEMS
6 KEY AUTOMOTIVE BMS OFFERINGS
6.1 INTRODUCTION
FIGURE 38 KEY AUTOMOTIVE BMS OFFERINGS
6.2 HARDWARE
6.2.1 BATTERY CONTROL UNITS
6.2.2 POWER MANAGEMENT COMPONENTS
6.2.3 COMMUNICATION COMPONENTS
6.3 SOFTWARE
7 TYPES OF AUTOMOTIVE BMS
7.1 INTRODUCTION
FIGURE 39 TYPES OF AUTOMOTIVE BMS
7.2 STANDALONE BMS
7.3 INTEGRATED BMS
8 AUTOMOTIVE BMS MARKET, BY BATTERY TYPE
8.1 INTRODUCTION
FIGURE 40 AUTOMOTIVE BMS MARKET, BY BATTERY TYPE
FIGURE 41 LITHIUM-ION SEGMENT TO DOMINATE AUTOMOTIVE BMS MARKET DURING FORECAST PERIOD
TABLE 19 AUTOMOTIVE BMS MARKET, BY BATTERY TYPE, 2019–2022 (USD MILLION)
TABLE 20 AUTOMOTIVE BMS MARKET, BY BATTERY TYPE, 2023–2028 (USD MILLION)
8.2 LITHIUM-ION
8.2.1 GROWING ELECTRIC VEHICLES MARKET TO INDUCE DEMAND FOR BATTERY MANAGEMENT SYSTEMS
TABLE 21 LITHIUM-ION: AUTOMOTIVE BMS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 22 LITHIUM-ION: AUTOMOTIVE BMS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 23 LITHIUM-ION: AUTOMOTIVE BMS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 24 LITHIUM-ION: AUTOMOTIVE BMS MARKET, BY REGION, 2023–2028 (USD MILLION)
8.3 LEAD-ACID
8.3.1 INCREASING DEMAND FOR ADVANCED LEAD-ACID BATTERIES IN COMMERCIAL VEHICLE APPLICATIONS TO DRIVE MARKET
TABLE 25 LEAD-ACID: AUTOMOTIVE BMS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 26 LEAD-ACID: AUTOMOTIVE BMS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 27 LEAD-ACID: AUTOMOTIVE BMS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 28 LEAD-ACID: AUTOMOTIVE BMS MARKET, BY REGION, 2023–2028 (USD MILLION)
8.4 OTHER BATTERIES
TABLE 29 OTHER BATTERIES: AUTOMOTIVE BMS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 30 OTHER BATTERIES: AUTOMOTIVE BMS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 31 OTHER BATTERIES: AUTOMOTIVE BMS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 32 OTHER BATTERIES: AUTOMOTIVE BMS MARKET, BY REGION, 2023–2028 (USD MILLION)
9 AUTOMOTIVE BMS MARKET, BY TOPOLOGY
9.1 INTRODUCTION
FIGURE 42 AUTOMOTIVE BMS MARKET, BY TOPOLOGY
FIGURE 43 MODULAR SEGMENT TO LEAD AUTOMOTIVE BMS MARKET FROM 2023 TO 2028
TABLE 33 AUTOMOTIVE BMS MARKET, BY TOPOLOGY, 2019–2022 (USD MILLION)
TABLE 34 AUTOMOTIVE BMS MARKET, BY TOPOLOGY, 2023–2028 (USD MILLION)
9.2 MODULAR
9.2.1 ADVANTAGES OF HIGH FLEXIBILITY AND SUPERIOR PERFORMANCE TO BOOST ADOPTION OF MODULAR TOPOLOGY
TABLE 35 MODULAR TOPOLOGY: ADVANTAGES AND DISADVANTAGES
FIGURE 44 TYPICAL STRUCTURE OF MODULAR BATTERY MANAGEMENT SYSTEM
TABLE 36 MODULAR: AUTOMOTIVE BMS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 37 MODULAR: AUTOMOTIVE BMS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 38 MODULAR: AUTOMOTIVE BMS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 39 MODULAR: AUTOMOTIVE BMS MARKET, BY REGION, 2023–2028 (USD MILLION)
9.3 CENTRALIZED
9.3.1 ADOPTION OF CENTRALIZED BATTERY MANAGEMENT SYSTEMS IN LESS SOPHISTICATED BATTERY SYSTEMS TO DRIVE MARKET
TABLE 40 CENTRALIZED TOPOLOGY: ADVANTAGES AND DISADVANTAGES
FIGURE 45 TYPICAL STRUCTURE OF CENTRALIZED BATTERY MANAGEMENT SYSTEM
TABLE 41 CENTRALIZED: AUTOMOTIVE BMS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 42 CENTRALIZED: AUTOMOTIVE BMS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 43 CENTRALIZED: AUTOMOTIVE BMS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 44 CENTRALIZED: AUTOMOTIVE BMS MARKET, BY REGION, 2023–2028 (USD MILLION)
9.4 DISTRIBUTED
9.4.1 SUITABILITY FOR HIGH-POWER APPLICATIONS TO FUEL DEMAND FOR DISTRIBUTED BATTERY MANAGEMENT SYSTEMS
TABLE 45 DISTRIBUTED TOPOLOGY: ADVANTAGES AND DISADVANTAGES
FIGURE 46 TYPICAL STRUCTURE OF DISTRIBUTED BATTERY MANAGEMENT SYSTEM
TABLE 46 DISTRIBUTED: AUTOMOTIVE BMS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 47 DISTRIBUTED: AUTOMOTIVE BMS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 48 DISTRIBUTED: AUTOMOTIVE BMS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 49 DISTRIBUTED: AUTOMOTIVE BMS MARKET, BY REGION, 2023–2028 (USD MILLION)
10 AUTOMOTIVE BMS MARKET, BY APPLICATION
10.1 INTRODUCTION
FIGURE 47 AUTOMOTIVE BMS MARKET, BY APPLICATION
FIGURE 48 PASSENGER VEHICLES SEGMENT TO DOMINATE AUTOMOTIVE BMS MARKET DURING FORECAST PERIOD
TABLE 50 AUTOMOTIVE BMS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 51 AUTOMOTIVE BMS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
10.2 PASSENGER VEHICLES
10.2.1 RISING DEMAND FOR ELECTRIC VEHICLES TO DRIVE MARKET
10.2.1.1 Battery electric vehicles
10.2.1.2 Hybrid electric vehicles and plug-in hybrid electric vehicles
TABLE 52 PASSENGER VEHICLES: AUTOMOTIVE BMS MARKET, BY BATTERY TYPE, 2019–2022 (USD MILLION)
TABLE 53 PASSENGER VEHICLES: AUTOMOTIVE BMS MARKET, BY BATTERY TYPE, 2023–2028 (USD MILLION)
TABLE 54 PASSENGER VEHICLES: AUTOMOTIVE BMS MARKET, BY TOPOLOGY, 2019–2022 (USD MILLION)
TABLE 55 PASSENGER VEHICLES: AUTOMOTIVE BMS MARKET, BY TOPOLOGY, 2023–2028 (USD MILLION)
TABLE 56 PASSENGER VEHICLES: AUTOMOTIVE BMS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 57 PASSENGER VEHICLES: AUTOMOTIVE BMS MARKET, BY REGION, 2023–2028 (USD MILLION)
10.3 COMMERCIAL VEHICLES
10.3.1 GROWING EFFORTS TO ELECTRIFY PUBLIC TRANSPORTATION GLOBALLY TO DRIVE MARKET
TABLE 58 COMMERCIAL VEHICLES: AUTOMOTIVE BMS MARKET, BY BATTERY TYPE, 2019–2022 (USD MILLION)
TABLE 59 COMMERCIAL VEHICLES: AUTOMOTIVE BMS MARKET, BY BATTERY TYPE, 2023–2028 (USD MILLION)
TABLE 60 COMMERCIAL VEHICLES: AUTOMOTIVE BMS MARKET, BY TOPOLOGY, 2019–2022 (USD MILLION)
TABLE 61 COMMERCIAL VEHICLES: AUTOMOTIVE BMS MARKET, BY TOPOLOGY, 2023–2028 (USD MILLION)
TABLE 62 COMMERCIAL VEHICLES: AUTOMOTIVE BMS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 63 COMMERCIAL VEHICLES: AUTOMOTIVE BMS MARKET, BY REGION, 2023–2028 (USD MILLION)
10.4 OTHER VEHICLES
TABLE 64 OTHER VEHICLES: AUTOMOTIVE BMS MARKET, BY BATTERY TYPE, 2019–2022 (USD MILLION)
TABLE 65 OTHER VEHICLES: AUTOMOTIVE BMS MARKET, BY BATTERY TYPE, 2023–2028 (USD MILLION)
TABLE 66 OTHER VEHICLES: AUTOMOTIVE BMS MARKET, BY TOPOLOGY, 2019–2022 (USD MILLION)
TABLE 67 OTHER VEHICLES: AUTOMOTIVE BMS MARKET, BY TOPOLOGY, 2023–2028 (USD MILLION)
TABLE 68 OTHER VEHICLES: AUTOMOTIVE BMS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 69 OTHER VEHICLES: AUTOMOTIVE BMS MARKET, BY REGION, 2023–2028 (USD MILLION)
11 AUTOMOTIVE BMS MARKET, BY REGION
11.1 INTRODUCTION
FIGURE 49 AUTOMOTIVE BMS MARKET, BY REGION
FIGURE 50 CHINA TO BE FASTEST-GROWING COUNTRY-LEVEL AUTOMOTIVE BMS MARKET DURING FORECAST PERIOD
TABLE 70 AUTOMOTIVE BMS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 71 AUTOMOTIVE BMS MARKET, BY REGION, 2023–2028 (USD MILLION)
11.2 NORTH AMERICA
11.2.1 IMPACT OF RECESSION ON MARKET IN NORTH AMERICA
FIGURE 51 NORTH AMERICA: AUTOMOTIVE BMS MARKET SNAPSHOT
FIGURE 52 US TO CAPTURE LARGEST SHARE OF NORTH AMERICAN AUTOMOTIVE BMS MARKET IN 2028
TABLE 72 NORTH AMERICA: AUTOMOTIVE BMS MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 73 NORTH AMERICA: AUTOMOTIVE BMS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 74 NORTH AMERICA: AUTOMOTIVE BMS MARKET, BY BATTERY TYPE, 2019–2022 (USD MILLION)
TABLE 75 NORTH AMERICA: AUTOMOTIVE BMS MARKET, BY BATTERY TYPE, 2023–2028 (USD MILLION)
TABLE 76 NORTH AMERICA: AUTOMOTIVE BMS MARKET, BY TOPOLOGY, 2019–2022 (USD MILLION)
TABLE 77 NORTH AMERICA: AUTOMOTIVE BMS MARKET, BY TOPOLOGY, 2023–2028 (USD MILLION)
TABLE 78 NORTH AMERICA: AUTOMOTIVE BMS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 79 NORTH AMERICA: AUTOMOTIVE BMS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
11.2.2 US
11.2.2.1 Government initiatives to boost adoption of EVs to support market growth
11.2.3 CANADA
11.2.3.1 Focus on strengthening local electric vehicle and battery industry to drive market
11.2.4 MEXICO
11.2.4.1 Growing EV manufacturing activities to boost demand for automotive battery management systems
11.3 EUROPE
11.3.1 IMPACT OF RECESSION ON MARKET IN EUROPE
FIGURE 53 EUROPE: AUTOMOTIVE BMS MARKET SNAPSHOT
FIGURE 54 GERMANY TO DOMINATE AUTOMOTIVE BMS MARKET IN EUROPE DURING 2023–2028
TABLE 80 EUROPE: AUTOMOTIVE BMS MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 81 EUROPE: AUTOMOTIVE BMS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 82 EUROPE: AUTOMOTIVE BMS MARKET, BY BATTERY TYPE, 2019–2022 (USD MILLION)
TABLE 83 EUROPE: AUTOMOTIVE BMS MARKET, BY BATTERY TYPE, 2023–2028 (USD MILLION)
TABLE 84 EUROPE: AUTOMOTIVE BMS MARKET, BY TOPOLOGY, 2019–2022 (USD MILLION)
TABLE 85 EUROPE: AUTOMOTIVE BMS MARKET, BY TOPOLOGY, 2023–2028 (USD MILLION)
TABLE 86 EUROPE: AUTOMOTIVE BMS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 87 EUROPE: AUTOMOTIVE BMS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
11.3.2 GERMANY
11.3.2.1 Strong presence of prominent automakers to create opportunities for BMS manufacturers
11.3.3 UK
11.3.3.1 Electrification of public transportation to drive market
11.3.4 FRANCE
11.3.4.1 Strong focus on developing innovative battery management systems to contribute to market growth
11.3.5 REST OF EUROPE
11.4 ASIA PACIFIC
11.4.1 IMPACT OF RECESSION ON MARKET IN ASIA PACIFIC
FIGURE 55 ASIA PACIFIC: AUTOMOTIVE BMS MARKET SNAPSHOT
FIGURE 56 CHINA TO LEAD AUTOMOTIVE BMS MARKET IN ASIA PACIFIC DURING FORECAST PERIOD
TABLE 88 ASIA PACIFIC: AUTOMOTIVE BMS MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 89 ASIA PACIFIC: AUTOMOTIVE BMS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 90 ASIA PACIFIC: AUTOMOTIVE BMS MARKET, BY BATTERY TYPE, 2019–2022 (USD MILLION)
TABLE 91 ASIA PACIFIC: AUTOMOTIVE BMS MARKET, BY BATTERY TYPE, 2023–2028 (USD MILLION)
TABLE 92 ASIA PACIFIC: AUTOMOTIVE BMS MARKET, BY TOPOLOGY, 2019–2022 (USD MILLION)
TABLE 93 ASIA PACIFIC: AUTOMOTIVE BMS MARKET, BY TOPOLOGY, 2023–2028 (USD MILLION)
TABLE 94 ASIA PACIFIC: AUTOMOTIVE BMS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 95 ASIA PACIFIC: AUTOMOTIVE BMS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
11.4.2 CHINA
11.4.2.1 Rising focus on increasing battery manufacturing capacity to boost market growth
11.4.3 JAPAN
11.4.3.1 Presence of battery manufacturing companies to favor market growth
11.4.4 INDIA
11.4.4.1 Expanding electric vehicles market to create opportunities for BMS manufacturers
11.4.5 SOUTH KOREA
11.4.5.1 Flourishing EVs industry to induce demand for battery management systems
11.4.6 REST OF ASIA PACIFIC
11.5 ROW
11.5.1 IMPACT OF RECESSION ON MARKET IN ROW
FIGURE 57 SOUTH AMERICA TO COMMAND MAXIMUM SHARE OF AUTOMOTIVE BMS MARKET IN ROW DURING FORECAST PERIOD
TABLE 96 ROW: AUTOMOTIVE BMS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 97 ROW: AUTOMOTIVE BMS MARKET, BY REGION, 2023–2028 (USD MILLION)
TABLE 98 ROW: AUTOMOTIVE BMS MARKET, BY BATTERY TYPE, 2019–2022 (USD MILLION)
TABLE 99 ROW: AUTOMOTIVE BMS MARKET, BY BATTERY TYPE, 2023–2028 (USD MILLION)
TABLE 100 ROW: AUTOMOTIVE BMS MARKET, BY TOPOLOGY, 2019–2022 (USD MILLION)
TABLE 101 ROW: AUTOMOTIVE BMS MARKET, BY TOPOLOGY, 2023–2028 (USD MILLION)
TABLE 102 ROW: AUTOMOTIVE BMS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 103 ROW: AUTOMOTIVE BMS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
11.5.2 GULF COOPERATION COUNCIL (GCC)
11.5.2.1 Increased funding for EV production to drive market
11.5.3 SOUTH AMERICA
11.5.3.1 Huge presence of lithium reserves to support market growth
11.5.4 REST OF MIDDLE EAST & AFRICA
12 COMPETITIVE LANDSCAPE
12.1 INTRODUCTION
12.2 STRATEGIES ADOPTED BY KEY PLAYERS
TABLE 104 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, 2019–2022
12.3 REVENUE ANALYSIS
FIGURE 58 FIVE-YEAR REVENUE ANALYSIS OF KEY PLAYERS, 2018–2022
12.4 MARKET SHARE ANALYSIS, 2022
TABLE 105 AUTOMOTIVE BMS PROVIDERS: DEGREE OF COMPETITION
FIGURE 59 INDUSTRY CONCENTRATION, 2022
TABLE 106 BATTERY MANAGEMENT IC PROVIDERS: DEGREE OF COMPETITION
12.5 COMPANY EVALUATION MATRIX
12.5.1 STARS
12.5.2 EMERGING LEADERS
12.5.3 PERVASIVE PLAYERS
12.5.4 PARTICIPANTS
FIGURE 60 AUTOMOTIVE BMS MARKET: COMPANY EVALUATION MATRIX, 2022
12.5.5 COMPANY FOOTPRINT
TABLE 107 OVERALL COMPANY FOOTPRINT
TABLE 108 APPLICATION: COMPANY FOOTPRINT
TABLE 109 REGION: COMPANY FOOTPRINT
12.6 STARTUPS/SMES EVALUATION MATRIX
12.6.1 PROGRESSIVE COMPANIES
12.6.2 RESPONSIVE COMPANIES
12.6.3 DYNAMIC COMPANIES
12.6.4 STARTING BLOCKS
FIGURE 61 AUTOMOTIVE BMS MARKET: STARTUPS/SMES EVALUATION MATRIX, 2022
12.6.5 COMPETITIVE BENCHMARKING
TABLE 110 AUTOMOTIVE BMS MARKET: DETAILED LIST OF KEY STARTUPS/SMES
TABLE 111 AUTOMOTIVE BMS MARKET: COMPETITIVE BENCHMARKING OF STARTUPS/SMES
12.7 COMPETITIVE SCENARIOS AND TRENDS
TABLE 112 AUTOMOTIVE BMS MARKET: PRODUCT LAUNCHES
TABLE 113 AUTOMOTIVE BMS MARKET: DEALS
13 COMPANY PROFILES
(Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
13.1 KEY PLAYERS
13.1.1 EBERSPДCHER
TABLE 114 EBERSPДCHER: COMPANY OVERVIEW
FIGURE 62 EBERSPДCHER: COMPANY SNAPSHOT
TABLE 115 EBERSPДCHER: PRODUCT/SOLUTION/SERVICE OFFERINGS
13.1.2 SENSATA TECHNOLOGIES, INC.
TABLE 116 SENSATA TECHNOLOGIES, INC.: COMPANY OVERVIEW
FIGURE 63 SENSATA TECHNOLOGIES, INC.: COMPANY SNAPSHOT
TABLE 117 SENSATA TECHNOLOGIES, INC.: PRODUCT/SOLUTION/SERVICE OFFERINGS
TABLE 118 SENSATA TECHNOLOGIES, INC.: PRODUCT LAUNCHES
TABLE 119 SENSATA TECHNOLOGIES, INC.: DEALS
13.1.3 AVL
TABLE 120 AVL: COMPANY OVERVIEW
TABLE 121 AVL: PRODUCT/SOLUTION/SERVICE OFFERINGS
TABLE 122 AVL: OTHERS
13.1.4 LG ENERGY SOLUTION
TABLE 123 LG ENERGY SOLUTION: COMPANY OVERVIEW
FIGURE 64 LG ENERGY SOLUTION: COMPANY SNAPSHOT
TABLE 124 LG ENERGY SOLUTION: PRODUCT/SOLUTION/SERVICE OFFERINGS
13.1.5 FICOSA INTERNACIONAL SA
TABLE 125 FICOSA INTERNACIONAL SA: COMPANY OVERVIEW
TABLE 126 FICOSA INTERNACIONAL SA: PRODUCT/SOLUTION/SERVICE OFFERINGS
13.1.6 AMP
TABLE 127 AMP: COMPANY OVERVIEW
TABLE 128 AMP: PRODUCT/SOLUTION/SERVICE OFFERINGS
13.1.7 EWERT ENERGY SYSTEMS, INC.
TABLE 129 EWERT ENERGY SYSTEMS, INC.: COMPANY OVERVIEW
TABLE 130 EWERT ENERGY SYSTEMS, INC.: PRODUCT/SOLUTION/SERVICE OFFERINGS
13.1.8 FUTAVIS GMBH
TABLE 131 FUTAVIS GMBH: COMPANY OVERVIEW
TABLE 132 FUTAVIS GMBH: PRODUCT/SOLUTION/SERVICE OFFERINGS
13.1.9 LECLANCHЙ SA
TABLE 133 LECLANCHЙ SA: COMPANY OVERVIEW
FIGURE 65 LECLANCHЙ SA: COMPANY SNAPSHOT
TABLE 134 LECLANCHЙ SA: PRODUCT/SOLUTION/SERVICE OFFERINGS
TABLE 135 LECLANCHЙ SA: PRODUCT LAUNCHES
13.1.10 NUVATION ENERGY
TABLE 136 NUVATION ENERGY: COMPANY OVERVIEW
TABLE 137 NUVATION ENERGY: PRODUCT/SOLUTION/SERVICE OFFERINGS
13.2 OTHER IMPORTANT PLAYERS
13.2.1 ANALOG DEVICES, INC.
TABLE 138 ANALOG DEVICES, INC.: COMPANY OVERVIEW
FIGURE 66 ANALOG DEVICES, INC.: COMPANY SNAPSHOT
TABLE 139 ANALOG DEVICES, INC.: PRODUCT/SOLUTION/SERVICE OFFERINGS
TABLE 140 ANALOG DEVICES, INC.: PRODUCT LAUNCHES
13.2.2 INFINEON TECHNOLOGIES AG
TABLE 141 INFINEON TECHNOLOGIES AG: COMPANY OVERVIEW
FIGURE 67 INFINEON TECHNOLOGIES AG: COMPANY SNAPSHOT
TABLE 142 INFINEON TECHNOLOGIES AG: PRODUCT/SOLUTION/SERVICE OFFERINGS
TABLE 143 INFINEON TECHNOLOGIES AG: PRODUCT LAUNCHES
TABLE 144 INFINEON TECHNOLOGIES AG: DEALS
13.2.3 NXP SEMICONDUCTORS
TABLE 145 NXP SEMICONDUCTORS: COMPANY OVERVIEW
FIGURE 68 NXP SEMICONDUCTORS: COMPANY SNAPSHOT
TABLE 146 NXP SEMICONDUCTORS: PRODUCT/SOLUTION/SERVICE OFFERINGS
TABLE 147 NXP SEMICONDUCTORS: PRODUCT LAUNCHES
13.2.4 PANASONIC HOLDINGS CORPORATION
TABLE 148 PANASONIC HOLDINGS CORPORATION: COMPANY OVERVIEW
FIGURE 69 PANASONIC HOLDINGS CORPORATION: COMPANY SNAPSHOT
TABLE 149 PANASONIC HOLDINGS CORPORATION: PRODUCT/SOLUTION/SERVICE OFFERINGS
TABLE 150 PANASONIC HOLDINGS CORPORATION: PRODUCT LAUNCHES
13.2.5 RENESAS ELECTRONICS CORPORATION
TABLE 151 RENESAS ELECTRONICS CORPORATION: COMPANY OVERVIEW
FIGURE 70 RENESAS ELECTRONICS CORPORATION: COMPANY SNAPSHOT
TABLE 152 RENESAS ELECTRONICS CORPORATION: PRODUCT/SOLUTION/SERVICE OFFERINGS
TABLE 153 RENESAS ELECTRONICS CORPORATION: PRODUCT LAUNCHES
13.2.6 STMICROELECTRONICS
TABLE 154 STMICROELECTRONICS: COMPANY OVERVIEW
FIGURE 71 STMICROELECTRONICS: COMPANY SNAPSHOT
TABLE 155 STMICROELECTRONICS: PRODUCT/SOLUTION/SERVICE OFFERINGS
TABLE 156 STMICROELECTRONICS: PRODUCT LAUNCHES
13.2.7 TEXAS INSTRUMENTS INCORPORATED
TABLE 157 TEXAS INSTRUMENTS INCORPORATED: COMPANY OVERVIEW
FIGURE 72 TEXAS INSTRUMENTS INCORPORATED: COMPANY SNAPSHOT
TABLE 158 TEXAS INSTRUMENTS INCORPORATED: PRODUCT/SOLUTION/SERVICE OFFERINGS
TABLE 159 TEXAS INSTRUMENTS INCORPORATED: PRODUCT LAUNCHES
13.3 OTHER PLAYERS
13.3.1 BMS POWERSAFE
13.3.2 DUKOSI LIMITED
13.3.3 ELITHION, INC.
13.3.4 POWERTECH SYSTEMS
13.3.5 ROBOTEQ
13.3.6 XING MOBILITY
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
14 ADJACENT AND RELATED MARKETS
14.1 INTRODUCTION
14.2 LITHIUM-ION BATTERY MARKET, BY VOLTAGE
14.2.1 INTRODUCTION
TABLE 160 LITHIUM-ION BATTERY MARKET, BY VOLTAGE, 2019–2022 (USD BILLION)
TABLE 161 LITHIUM-ION BATTERY MARKET, BY VOLTAGE, 2023–2032 (USD BILLION)
14.2.2 LOW
14.2.2.1 Suitability for varying applications to fuel demand for low-voltage batteries
14.2.3 MEDIUM
14.2.3.1 Rising adoption of medium-voltage li-ion batteries in solar energy systems to drive market
14.2.4 HIGH
14.2.4.1 Enhanced safety features to boost adoption of high-voltage li-ion batteries in marine and military sectors
15 APPENDIX
15.1 INSIGHTS FROM INDUSTRY EXPERTS
15.2 DISCUSSION GUIDE
15.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
15.4 CUSTOMIZATION OPTIONS
15.5 RELATED REPORTS
15.6 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 AUTOMOTIVE BMS MARKET SEGMENTATION
1.3.2 REGIONAL SCOPE
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 LIMITATIONS
1.6 STAKEHOLDERS
1.7 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 AUTOMOTIVE BMS MARKET: RESEARCH DESIGN
2.1.1 SECONDARY AND PRIMARY RESEARCH
FIGURE 3 AUTOMOTIVE BMS MARKET: RESEARCH APPROACH
2.1.2 SECONDARY DATA
2.1.2.1 List of major secondary sources
2.1.2.2 Key data from secondary sources
2.1.3 PRIMARY DATA
2.1.3.1 Primary interviews with experts
2.1.3.2 Key data from primary sources
2.1.3.3 Key industry insights
2.1.3.4 Breakdown of primaries
2.2 MARKET SIZE ESTIMATION
2.2.1 TOP-DOWN APPROACH
2.2.1.1 Estimation of market size using top-down approach
FIGURE 4 AUTOMOTIVE BMS MARKET: TOP-DOWN APPROACH
2.2.2 BOTTOM-UP APPROACH
2.2.2.1 Estimation of market size using bottom-up approach
FIGURE 5 AUTOMOTIVE BMS MARKET: BOTTOM-UP APPROACH
FIGURE 6 AUTOMOTIVE BMS MARKET: MARKET SIZE ESTIMATION METHODOLOGY
2.3 DATA TRIANGULATION
FIGURE 7 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
FIGURE 8 ASSUMPTIONS FOR RESEARCH STUDY
2.5 PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION ON AUTOMOTIVE BMS MARKET
2.6 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
FIGURE 9 AUTOMOTIVE BMS MARKET, 2019–2028 (USD MILLION)
FIGURE 10 LITHIUM-ION SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
FIGURE 11 MODULAR SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
FIGURE 12 PASSENGER VEHICLES SEGMENT TO COMMAND LARGEST MARKET SHARE DURING FORECAST PERIOD
FIGURE 13 ASIA PACIFIC TO REGISTER HIGHEST CAGR IN AUTOMOTIVE BMS MARKET DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN AUTOMOTIVE BMS MARKET
FIGURE 14 RISING DEMAND FOR ELECTRIC VEHICLES TO FUEL MARKET GROWTH DURING FORECAST PERIOD
4.2 AUTOMOTIVE BMS MARKET, BY BATTERY TYPE
FIGURE 15 LITHIUM-ION SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD
4.3 AUTOMOTIVE BMS MARKET, BY TOPOLOGY
FIGURE 16 MODULAR SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
4.4 AUTOMOTIVE BMS MARKET, BY APPLICATION
FIGURE 17 PASSENGER VEHICLES SEGMENT TO CAPTURE LARGEST MARKET SHARE DURING FORECAST PERIOD
4.5 NORTH AMERICA: AUTOMOTIVE BMS MARKET, BY COUNTRY AND APPLICATION
FIGURE 18 PASSENGER VEHICLES AND US TO BE LARGEST SHAREHOLDERS OF NORTH AMERICAN AUTOMOTIVE BMS MARKET IN 2028
4.6 AUTOMOTIVE BMS MARKET, BY COUNTRY
FIGURE 19 CHINA TO EXHIBIT HIGHEST CAGR IN AUTOMOTIVE BMS MARKET FROM 2023 TO 2028
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 20 AUTOMOTIVE BMS MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Remarkable growth of electric vehicles industry
FIGURE 21 GLOBAL EV CAR STOCK, 2018–2022 (MILLION UNITS)
5.2.1.2 Strong focus on electrification of public transportation
5.2.1.3 Government-led initiatives to boost adoption of EVs
FIGURE 22 ANALYSIS OF IMPACT OF DRIVERS ON AUTOMOTIVE BMS MARKET
5.2.2 RESTRAINTS
5.2.2.1 Developing universal battery management system standards for various applications
FIGURE 23 ANALYSIS OF IMPACT OF RESTRAINTS ON AUTOMOTIVE BMS MARKET
5.2.3 OPPORTUNITIES
5.2.3.1 Emergence of novel battery technologies
5.2.3.2 Advantages of wireless battery management systems over traditional systems
5.2.3.3 Development of cell management system (CMS) technology
FIGURE 24 ANALYSIS OF IMPACT OF OPPORTUNITIES ON AUTOMOTIVE BMS MARKET
5.2.4 CHALLENGES
5.2.4.1 Impact of external factors on performance of battery management systems
5.2.4.2 Complexities of modern battery technologies impeding development of reliable battery management systems
FIGURE 25 ANALYSIS OF IMPACT OF CHALLENGES ON AUTOMOTIVE BMS MARKET
5.3 VALUE CHAIN ANALYSIS
FIGURE 26 VALUE CHAIN ANALYSIS
TABLE 1 MAPPING OF KEY BMS SEMICONDUCTOR PROVIDERS, BY KEY FUNCTION
5.3.1 BATTERY PASSPORT AND ITS IMPACT ON BATTERY VALUE CHAIN
5.4 KEY FUNCTIONS OF BMS
5.4.1 BATTERY MANAGEMENT
5.4.2 CELL BALANCING
5.4.3 THERMAL MANAGEMENT
5.4.4 STATE OF CHARGE
5.4.5 STATE OF HEALTH
5.5 ECOSYSTEM/MARKET MAP
FIGURE 27 ECOSYSTEM ANALYSIS
TABLE 2 ROLE OF PLAYERS IN ECOSYSTEM
5.6 PRICING ANALYSIS
5.6.1 AVERAGE SELLING PRICE TREND FOR AUTOMOTIVE BMS
FIGURE 28 AVERAGE SELLING PRICE TREND FOR AUTOMOTIVE BMS
5.6.2 AVERAGE SELLING PRICE OF AUTOMOTIVE BATTERY MANAGEMENT SYSTEMS
FIGURE 29 AVERAGE SELLING PRICE OF AUTOMOTIVE BATTERY MANAGEMENT SYSTEMS OFFERED BY KEY PLAYERS
TABLE 3 AVERAGE SELLING PRICE OF AUTOMOTIVE BATTERY MANAGEMENT SYSTEMS OFFERED BY KEY PLAYERS (USD)
5.6.3 AVERAGE SELLING PRICE TREND, BY REGION
TABLE 4 AVERAGE SELLING PRICE OF AUTOMOTIVE BATTERY MANAGEMENT SYSTEMS, BY REGION (USD)
5.7 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
FIGURE 30 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.8 TECHNOLOGY ANALYSIS
5.8.1 AB BATTERY SYSTEM
5.8.2 SODIUM-ION BATTERY
5.8.3 SOLID-STATE BATTERY
5.9 PORTER’S FIVE FORCES ANALYSIS
TABLE 5 IMPACT OF PORTER’S FIVE FORCES
FIGURE 31 PORTER’S FIVE FORCES ANALYSIS
5.9.1 BARGAINING POWER OF SUPPLIERS
5.9.2 BARGAINING POWER OF BUYERS
5.9.3 THREAT OF NEW ENTRANTS
5.9.4 THREAT OF SUBSTITUTES
5.9.5 INTENSITY OF COMPETITIVE RIVALRY
5.10 KEY STAKEHOLDERS AND BUYING CRITERIA
5.10.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 32 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY APPLICATION
TABLE 6 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY APPLICATION (%)
5.10.2 BUYING CRITERIA
FIGURE 33 KEY BUYING CRITERIA FOR APPLICATIONS
TABLE 7 KEY BUYING CRITERIA FOR APPLICATIONS
5.11 CASE STUDY ANALYSIS
TABLE 8 CASE STUDY 1: ABU DHABI'S MASDAR CITY TO INTRODUCE AUTONOMOUS PRT SYSTEM WITH LITHIUM-ION BATTERIES
TABLE 9 CASE STUDY 2: SENSATA TECHNOLOGIES COLLABORATES WITH CHINESE OEM TO ENHANCE S-BMS FOR FAST-CHARGING EV BUSES
TABLE 10 CASE STUDY 3: SENSATA'S S-BMS INTEGRATION WITH QEV ARCFOX GT ENSURES UNMATCHED SAFETY STANDARDS AND PERFORMANCE
5.12 TRADE ANALYSIS
5.12.1 IMPORT SCENARIO
FIGURE 34 IMPORT DATA FOR PRODUCTS COVERED UNDER HS CODE 850650, BY COUNTRY, 2018–2022 (USD MILLION)
5.12.2 EXPORT SCENARIO
FIGURE 35 EXPORT DATA FOR PRODUCTS COVERED UNDER HS CODE 850650, BY COUNTRY, 2018–2022 (USD MILLION)
5.13 PATENT ANALYSIS
FIGURE 36 TOP 10 PATENT APPLICANTS IN LAST 10 YEARS
TABLE 11 TOP 20 PATENT OWNERS IN US DURING 2013–2022
FIGURE 37 NUMBER OF PATENTS GRANTED PER YEAR FROM 2013 TO 2022
TABLE 12 AUTOMOTIVE BMS-RELATED INNOVATIONS AND PATENT REGISTRATIONS, 2022–2023
5.14 KEY CONFERENCES AND EVENTS, 2023–2024
TABLE 13 AUTOMOTIVE BMS MARKET: CONFERENCES AND EVENTS, 2022–2024
5.15 STANDARDS AND REGULATORY LANDSCAPE
5.15.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 14 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 15 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 16 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 17 ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.15.2 STANDARDS AND REGULATIONS
TABLE 18 STANDARDS RELATED TO BATTERY MANAGEMENT SYSTEMS
6 KEY AUTOMOTIVE BMS OFFERINGS
6.1 INTRODUCTION
FIGURE 38 KEY AUTOMOTIVE BMS OFFERINGS
6.2 HARDWARE
6.2.1 BATTERY CONTROL UNITS
6.2.2 POWER MANAGEMENT COMPONENTS
6.2.3 COMMUNICATION COMPONENTS
6.3 SOFTWARE
7 TYPES OF AUTOMOTIVE BMS
7.1 INTRODUCTION
FIGURE 39 TYPES OF AUTOMOTIVE BMS
7.2 STANDALONE BMS
7.3 INTEGRATED BMS
8 AUTOMOTIVE BMS MARKET, BY BATTERY TYPE
8.1 INTRODUCTION
FIGURE 40 AUTOMOTIVE BMS MARKET, BY BATTERY TYPE
FIGURE 41 LITHIUM-ION SEGMENT TO DOMINATE AUTOMOTIVE BMS MARKET DURING FORECAST PERIOD
TABLE 19 AUTOMOTIVE BMS MARKET, BY BATTERY TYPE, 2019–2022 (USD MILLION)
TABLE 20 AUTOMOTIVE BMS MARKET, BY BATTERY TYPE, 2023–2028 (USD MILLION)
8.2 LITHIUM-ION
8.2.1 GROWING ELECTRIC VEHICLES MARKET TO INDUCE DEMAND FOR BATTERY MANAGEMENT SYSTEMS
TABLE 21 LITHIUM-ION: AUTOMOTIVE BMS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 22 LITHIUM-ION: AUTOMOTIVE BMS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 23 LITHIUM-ION: AUTOMOTIVE BMS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 24 LITHIUM-ION: AUTOMOTIVE BMS MARKET, BY REGION, 2023–2028 (USD MILLION)
8.3 LEAD-ACID
8.3.1 INCREASING DEMAND FOR ADVANCED LEAD-ACID BATTERIES IN COMMERCIAL VEHICLE APPLICATIONS TO DRIVE MARKET
TABLE 25 LEAD-ACID: AUTOMOTIVE BMS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 26 LEAD-ACID: AUTOMOTIVE BMS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 27 LEAD-ACID: AUTOMOTIVE BMS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 28 LEAD-ACID: AUTOMOTIVE BMS MARKET, BY REGION, 2023–2028 (USD MILLION)
8.4 OTHER BATTERIES
TABLE 29 OTHER BATTERIES: AUTOMOTIVE BMS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 30 OTHER BATTERIES: AUTOMOTIVE BMS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 31 OTHER BATTERIES: AUTOMOTIVE BMS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 32 OTHER BATTERIES: AUTOMOTIVE BMS MARKET, BY REGION, 2023–2028 (USD MILLION)
9 AUTOMOTIVE BMS MARKET, BY TOPOLOGY
9.1 INTRODUCTION
FIGURE 42 AUTOMOTIVE BMS MARKET, BY TOPOLOGY
FIGURE 43 MODULAR SEGMENT TO LEAD AUTOMOTIVE BMS MARKET FROM 2023 TO 2028
TABLE 33 AUTOMOTIVE BMS MARKET, BY TOPOLOGY, 2019–2022 (USD MILLION)
TABLE 34 AUTOMOTIVE BMS MARKET, BY TOPOLOGY, 2023–2028 (USD MILLION)
9.2 MODULAR
9.2.1 ADVANTAGES OF HIGH FLEXIBILITY AND SUPERIOR PERFORMANCE TO BOOST ADOPTION OF MODULAR TOPOLOGY
TABLE 35 MODULAR TOPOLOGY: ADVANTAGES AND DISADVANTAGES
FIGURE 44 TYPICAL STRUCTURE OF MODULAR BATTERY MANAGEMENT SYSTEM
TABLE 36 MODULAR: AUTOMOTIVE BMS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 37 MODULAR: AUTOMOTIVE BMS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 38 MODULAR: AUTOMOTIVE BMS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 39 MODULAR: AUTOMOTIVE BMS MARKET, BY REGION, 2023–2028 (USD MILLION)
9.3 CENTRALIZED
9.3.1 ADOPTION OF CENTRALIZED BATTERY MANAGEMENT SYSTEMS IN LESS SOPHISTICATED BATTERY SYSTEMS TO DRIVE MARKET
TABLE 40 CENTRALIZED TOPOLOGY: ADVANTAGES AND DISADVANTAGES
FIGURE 45 TYPICAL STRUCTURE OF CENTRALIZED BATTERY MANAGEMENT SYSTEM
TABLE 41 CENTRALIZED: AUTOMOTIVE BMS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 42 CENTRALIZED: AUTOMOTIVE BMS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 43 CENTRALIZED: AUTOMOTIVE BMS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 44 CENTRALIZED: AUTOMOTIVE BMS MARKET, BY REGION, 2023–2028 (USD MILLION)
9.4 DISTRIBUTED
9.4.1 SUITABILITY FOR HIGH-POWER APPLICATIONS TO FUEL DEMAND FOR DISTRIBUTED BATTERY MANAGEMENT SYSTEMS
TABLE 45 DISTRIBUTED TOPOLOGY: ADVANTAGES AND DISADVANTAGES
FIGURE 46 TYPICAL STRUCTURE OF DISTRIBUTED BATTERY MANAGEMENT SYSTEM
TABLE 46 DISTRIBUTED: AUTOMOTIVE BMS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 47 DISTRIBUTED: AUTOMOTIVE BMS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 48 DISTRIBUTED: AUTOMOTIVE BMS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 49 DISTRIBUTED: AUTOMOTIVE BMS MARKET, BY REGION, 2023–2028 (USD MILLION)
10 AUTOMOTIVE BMS MARKET, BY APPLICATION
10.1 INTRODUCTION
FIGURE 47 AUTOMOTIVE BMS MARKET, BY APPLICATION
FIGURE 48 PASSENGER VEHICLES SEGMENT TO DOMINATE AUTOMOTIVE BMS MARKET DURING FORECAST PERIOD
TABLE 50 AUTOMOTIVE BMS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 51 AUTOMOTIVE BMS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
10.2 PASSENGER VEHICLES
10.2.1 RISING DEMAND FOR ELECTRIC VEHICLES TO DRIVE MARKET
10.2.1.1 Battery electric vehicles
10.2.1.2 Hybrid electric vehicles and plug-in hybrid electric vehicles
TABLE 52 PASSENGER VEHICLES: AUTOMOTIVE BMS MARKET, BY BATTERY TYPE, 2019–2022 (USD MILLION)
TABLE 53 PASSENGER VEHICLES: AUTOMOTIVE BMS MARKET, BY BATTERY TYPE, 2023–2028 (USD MILLION)
TABLE 54 PASSENGER VEHICLES: AUTOMOTIVE BMS MARKET, BY TOPOLOGY, 2019–2022 (USD MILLION)
TABLE 55 PASSENGER VEHICLES: AUTOMOTIVE BMS MARKET, BY TOPOLOGY, 2023–2028 (USD MILLION)
TABLE 56 PASSENGER VEHICLES: AUTOMOTIVE BMS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 57 PASSENGER VEHICLES: AUTOMOTIVE BMS MARKET, BY REGION, 2023–2028 (USD MILLION)
10.3 COMMERCIAL VEHICLES
10.3.1 GROWING EFFORTS TO ELECTRIFY PUBLIC TRANSPORTATION GLOBALLY TO DRIVE MARKET
TABLE 58 COMMERCIAL VEHICLES: AUTOMOTIVE BMS MARKET, BY BATTERY TYPE, 2019–2022 (USD MILLION)
TABLE 59 COMMERCIAL VEHICLES: AUTOMOTIVE BMS MARKET, BY BATTERY TYPE, 2023–2028 (USD MILLION)
TABLE 60 COMMERCIAL VEHICLES: AUTOMOTIVE BMS MARKET, BY TOPOLOGY, 2019–2022 (USD MILLION)
TABLE 61 COMMERCIAL VEHICLES: AUTOMOTIVE BMS MARKET, BY TOPOLOGY, 2023–2028 (USD MILLION)
TABLE 62 COMMERCIAL VEHICLES: AUTOMOTIVE BMS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 63 COMMERCIAL VEHICLES: AUTOMOTIVE BMS MARKET, BY REGION, 2023–2028 (USD MILLION)
10.4 OTHER VEHICLES
TABLE 64 OTHER VEHICLES: AUTOMOTIVE BMS MARKET, BY BATTERY TYPE, 2019–2022 (USD MILLION)
TABLE 65 OTHER VEHICLES: AUTOMOTIVE BMS MARKET, BY BATTERY TYPE, 2023–2028 (USD MILLION)
TABLE 66 OTHER VEHICLES: AUTOMOTIVE BMS MARKET, BY TOPOLOGY, 2019–2022 (USD MILLION)
TABLE 67 OTHER VEHICLES: AUTOMOTIVE BMS MARKET, BY TOPOLOGY, 2023–2028 (USD MILLION)
TABLE 68 OTHER VEHICLES: AUTOMOTIVE BMS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 69 OTHER VEHICLES: AUTOMOTIVE BMS MARKET, BY REGION, 2023–2028 (USD MILLION)
11 AUTOMOTIVE BMS MARKET, BY REGION
11.1 INTRODUCTION
FIGURE 49 AUTOMOTIVE BMS MARKET, BY REGION
FIGURE 50 CHINA TO BE FASTEST-GROWING COUNTRY-LEVEL AUTOMOTIVE BMS MARKET DURING FORECAST PERIOD
TABLE 70 AUTOMOTIVE BMS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 71 AUTOMOTIVE BMS MARKET, BY REGION, 2023–2028 (USD MILLION)
11.2 NORTH AMERICA
11.2.1 IMPACT OF RECESSION ON MARKET IN NORTH AMERICA
FIGURE 51 NORTH AMERICA: AUTOMOTIVE BMS MARKET SNAPSHOT
FIGURE 52 US TO CAPTURE LARGEST SHARE OF NORTH AMERICAN AUTOMOTIVE BMS MARKET IN 2028
TABLE 72 NORTH AMERICA: AUTOMOTIVE BMS MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 73 NORTH AMERICA: AUTOMOTIVE BMS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 74 NORTH AMERICA: AUTOMOTIVE BMS MARKET, BY BATTERY TYPE, 2019–2022 (USD MILLION)
TABLE 75 NORTH AMERICA: AUTOMOTIVE BMS MARKET, BY BATTERY TYPE, 2023–2028 (USD MILLION)
TABLE 76 NORTH AMERICA: AUTOMOTIVE BMS MARKET, BY TOPOLOGY, 2019–2022 (USD MILLION)
TABLE 77 NORTH AMERICA: AUTOMOTIVE BMS MARKET, BY TOPOLOGY, 2023–2028 (USD MILLION)
TABLE 78 NORTH AMERICA: AUTOMOTIVE BMS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 79 NORTH AMERICA: AUTOMOTIVE BMS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
11.2.2 US
11.2.2.1 Government initiatives to boost adoption of EVs to support market growth
11.2.3 CANADA
11.2.3.1 Focus on strengthening local electric vehicle and battery industry to drive market
11.2.4 MEXICO
11.2.4.1 Growing EV manufacturing activities to boost demand for automotive battery management systems
11.3 EUROPE
11.3.1 IMPACT OF RECESSION ON MARKET IN EUROPE
FIGURE 53 EUROPE: AUTOMOTIVE BMS MARKET SNAPSHOT
FIGURE 54 GERMANY TO DOMINATE AUTOMOTIVE BMS MARKET IN EUROPE DURING 2023–2028
TABLE 80 EUROPE: AUTOMOTIVE BMS MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 81 EUROPE: AUTOMOTIVE BMS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 82 EUROPE: AUTOMOTIVE BMS MARKET, BY BATTERY TYPE, 2019–2022 (USD MILLION)
TABLE 83 EUROPE: AUTOMOTIVE BMS MARKET, BY BATTERY TYPE, 2023–2028 (USD MILLION)
TABLE 84 EUROPE: AUTOMOTIVE BMS MARKET, BY TOPOLOGY, 2019–2022 (USD MILLION)
TABLE 85 EUROPE: AUTOMOTIVE BMS MARKET, BY TOPOLOGY, 2023–2028 (USD MILLION)
TABLE 86 EUROPE: AUTOMOTIVE BMS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 87 EUROPE: AUTOMOTIVE BMS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
11.3.2 GERMANY
11.3.2.1 Strong presence of prominent automakers to create opportunities for BMS manufacturers
11.3.3 UK
11.3.3.1 Electrification of public transportation to drive market
11.3.4 FRANCE
11.3.4.1 Strong focus on developing innovative battery management systems to contribute to market growth
11.3.5 REST OF EUROPE
11.4 ASIA PACIFIC
11.4.1 IMPACT OF RECESSION ON MARKET IN ASIA PACIFIC
FIGURE 55 ASIA PACIFIC: AUTOMOTIVE BMS MARKET SNAPSHOT
FIGURE 56 CHINA TO LEAD AUTOMOTIVE BMS MARKET IN ASIA PACIFIC DURING FORECAST PERIOD
TABLE 88 ASIA PACIFIC: AUTOMOTIVE BMS MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 89 ASIA PACIFIC: AUTOMOTIVE BMS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 90 ASIA PACIFIC: AUTOMOTIVE BMS MARKET, BY BATTERY TYPE, 2019–2022 (USD MILLION)
TABLE 91 ASIA PACIFIC: AUTOMOTIVE BMS MARKET, BY BATTERY TYPE, 2023–2028 (USD MILLION)
TABLE 92 ASIA PACIFIC: AUTOMOTIVE BMS MARKET, BY TOPOLOGY, 2019–2022 (USD MILLION)
TABLE 93 ASIA PACIFIC: AUTOMOTIVE BMS MARKET, BY TOPOLOGY, 2023–2028 (USD MILLION)
TABLE 94 ASIA PACIFIC: AUTOMOTIVE BMS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 95 ASIA PACIFIC: AUTOMOTIVE BMS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
11.4.2 CHINA
11.4.2.1 Rising focus on increasing battery manufacturing capacity to boost market growth
11.4.3 JAPAN
11.4.3.1 Presence of battery manufacturing companies to favor market growth
11.4.4 INDIA
11.4.4.1 Expanding electric vehicles market to create opportunities for BMS manufacturers
11.4.5 SOUTH KOREA
11.4.5.1 Flourishing EVs industry to induce demand for battery management systems
11.4.6 REST OF ASIA PACIFIC
11.5 ROW
11.5.1 IMPACT OF RECESSION ON MARKET IN ROW
FIGURE 57 SOUTH AMERICA TO COMMAND MAXIMUM SHARE OF AUTOMOTIVE BMS MARKET IN ROW DURING FORECAST PERIOD
TABLE 96 ROW: AUTOMOTIVE BMS MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 97 ROW: AUTOMOTIVE BMS MARKET, BY REGION, 2023–2028 (USD MILLION)
TABLE 98 ROW: AUTOMOTIVE BMS MARKET, BY BATTERY TYPE, 2019–2022 (USD MILLION)
TABLE 99 ROW: AUTOMOTIVE BMS MARKET, BY BATTERY TYPE, 2023–2028 (USD MILLION)
TABLE 100 ROW: AUTOMOTIVE BMS MARKET, BY TOPOLOGY, 2019–2022 (USD MILLION)
TABLE 101 ROW: AUTOMOTIVE BMS MARKET, BY TOPOLOGY, 2023–2028 (USD MILLION)
TABLE 102 ROW: AUTOMOTIVE BMS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 103 ROW: AUTOMOTIVE BMS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
11.5.2 GULF COOPERATION COUNCIL (GCC)
11.5.2.1 Increased funding for EV production to drive market
11.5.3 SOUTH AMERICA
11.5.3.1 Huge presence of lithium reserves to support market growth
11.5.4 REST OF MIDDLE EAST & AFRICA
12 COMPETITIVE LANDSCAPE
12.1 INTRODUCTION
12.2 STRATEGIES ADOPTED BY KEY PLAYERS
TABLE 104 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, 2019–2022
12.3 REVENUE ANALYSIS
FIGURE 58 FIVE-YEAR REVENUE ANALYSIS OF KEY PLAYERS, 2018–2022
12.4 MARKET SHARE ANALYSIS, 2022
TABLE 105 AUTOMOTIVE BMS PROVIDERS: DEGREE OF COMPETITION
FIGURE 59 INDUSTRY CONCENTRATION, 2022
TABLE 106 BATTERY MANAGEMENT IC PROVIDERS: DEGREE OF COMPETITION
12.5 COMPANY EVALUATION MATRIX
12.5.1 STARS
12.5.2 EMERGING LEADERS
12.5.3 PERVASIVE PLAYERS
12.5.4 PARTICIPANTS
FIGURE 60 AUTOMOTIVE BMS MARKET: COMPANY EVALUATION MATRIX, 2022
12.5.5 COMPANY FOOTPRINT
TABLE 107 OVERALL COMPANY FOOTPRINT
TABLE 108 APPLICATION: COMPANY FOOTPRINT
TABLE 109 REGION: COMPANY FOOTPRINT
12.6 STARTUPS/SMES EVALUATION MATRIX
12.6.1 PROGRESSIVE COMPANIES
12.6.2 RESPONSIVE COMPANIES
12.6.3 DYNAMIC COMPANIES
12.6.4 STARTING BLOCKS
FIGURE 61 AUTOMOTIVE BMS MARKET: STARTUPS/SMES EVALUATION MATRIX, 2022
12.6.5 COMPETITIVE BENCHMARKING
TABLE 110 AUTOMOTIVE BMS MARKET: DETAILED LIST OF KEY STARTUPS/SMES
TABLE 111 AUTOMOTIVE BMS MARKET: COMPETITIVE BENCHMARKING OF STARTUPS/SMES
12.7 COMPETITIVE SCENARIOS AND TRENDS
TABLE 112 AUTOMOTIVE BMS MARKET: PRODUCT LAUNCHES
TABLE 113 AUTOMOTIVE BMS MARKET: DEALS
13 COMPANY PROFILES
(Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
13.1 KEY PLAYERS
13.1.1 EBERSPДCHER
TABLE 114 EBERSPДCHER: COMPANY OVERVIEW
FIGURE 62 EBERSPДCHER: COMPANY SNAPSHOT
TABLE 115 EBERSPДCHER: PRODUCT/SOLUTION/SERVICE OFFERINGS
13.1.2 SENSATA TECHNOLOGIES, INC.
TABLE 116 SENSATA TECHNOLOGIES, INC.: COMPANY OVERVIEW
FIGURE 63 SENSATA TECHNOLOGIES, INC.: COMPANY SNAPSHOT
TABLE 117 SENSATA TECHNOLOGIES, INC.: PRODUCT/SOLUTION/SERVICE OFFERINGS
TABLE 118 SENSATA TECHNOLOGIES, INC.: PRODUCT LAUNCHES
TABLE 119 SENSATA TECHNOLOGIES, INC.: DEALS
13.1.3 AVL
TABLE 120 AVL: COMPANY OVERVIEW
TABLE 121 AVL: PRODUCT/SOLUTION/SERVICE OFFERINGS
TABLE 122 AVL: OTHERS
13.1.4 LG ENERGY SOLUTION
TABLE 123 LG ENERGY SOLUTION: COMPANY OVERVIEW
FIGURE 64 LG ENERGY SOLUTION: COMPANY SNAPSHOT
TABLE 124 LG ENERGY SOLUTION: PRODUCT/SOLUTION/SERVICE OFFERINGS
13.1.5 FICOSA INTERNACIONAL SA
TABLE 125 FICOSA INTERNACIONAL SA: COMPANY OVERVIEW
TABLE 126 FICOSA INTERNACIONAL SA: PRODUCT/SOLUTION/SERVICE OFFERINGS
13.1.6 AMP
TABLE 127 AMP: COMPANY OVERVIEW
TABLE 128 AMP: PRODUCT/SOLUTION/SERVICE OFFERINGS
13.1.7 EWERT ENERGY SYSTEMS, INC.
TABLE 129 EWERT ENERGY SYSTEMS, INC.: COMPANY OVERVIEW
TABLE 130 EWERT ENERGY SYSTEMS, INC.: PRODUCT/SOLUTION/SERVICE OFFERINGS
13.1.8 FUTAVIS GMBH
TABLE 131 FUTAVIS GMBH: COMPANY OVERVIEW
TABLE 132 FUTAVIS GMBH: PRODUCT/SOLUTION/SERVICE OFFERINGS
13.1.9 LECLANCHЙ SA
TABLE 133 LECLANCHЙ SA: COMPANY OVERVIEW
FIGURE 65 LECLANCHЙ SA: COMPANY SNAPSHOT
TABLE 134 LECLANCHЙ SA: PRODUCT/SOLUTION/SERVICE OFFERINGS
TABLE 135 LECLANCHЙ SA: PRODUCT LAUNCHES
13.1.10 NUVATION ENERGY
TABLE 136 NUVATION ENERGY: COMPANY OVERVIEW
TABLE 137 NUVATION ENERGY: PRODUCT/SOLUTION/SERVICE OFFERINGS
13.2 OTHER IMPORTANT PLAYERS
13.2.1 ANALOG DEVICES, INC.
TABLE 138 ANALOG DEVICES, INC.: COMPANY OVERVIEW
FIGURE 66 ANALOG DEVICES, INC.: COMPANY SNAPSHOT
TABLE 139 ANALOG DEVICES, INC.: PRODUCT/SOLUTION/SERVICE OFFERINGS
TABLE 140 ANALOG DEVICES, INC.: PRODUCT LAUNCHES
13.2.2 INFINEON TECHNOLOGIES AG
TABLE 141 INFINEON TECHNOLOGIES AG: COMPANY OVERVIEW
FIGURE 67 INFINEON TECHNOLOGIES AG: COMPANY SNAPSHOT
TABLE 142 INFINEON TECHNOLOGIES AG: PRODUCT/SOLUTION/SERVICE OFFERINGS
TABLE 143 INFINEON TECHNOLOGIES AG: PRODUCT LAUNCHES
TABLE 144 INFINEON TECHNOLOGIES AG: DEALS
13.2.3 NXP SEMICONDUCTORS
TABLE 145 NXP SEMICONDUCTORS: COMPANY OVERVIEW
FIGURE 68 NXP SEMICONDUCTORS: COMPANY SNAPSHOT
TABLE 146 NXP SEMICONDUCTORS: PRODUCT/SOLUTION/SERVICE OFFERINGS
TABLE 147 NXP SEMICONDUCTORS: PRODUCT LAUNCHES
13.2.4 PANASONIC HOLDINGS CORPORATION
TABLE 148 PANASONIC HOLDINGS CORPORATION: COMPANY OVERVIEW
FIGURE 69 PANASONIC HOLDINGS CORPORATION: COMPANY SNAPSHOT
TABLE 149 PANASONIC HOLDINGS CORPORATION: PRODUCT/SOLUTION/SERVICE OFFERINGS
TABLE 150 PANASONIC HOLDINGS CORPORATION: PRODUCT LAUNCHES
13.2.5 RENESAS ELECTRONICS CORPORATION
TABLE 151 RENESAS ELECTRONICS CORPORATION: COMPANY OVERVIEW
FIGURE 70 RENESAS ELECTRONICS CORPORATION: COMPANY SNAPSHOT
TABLE 152 RENESAS ELECTRONICS CORPORATION: PRODUCT/SOLUTION/SERVICE OFFERINGS
TABLE 153 RENESAS ELECTRONICS CORPORATION: PRODUCT LAUNCHES
13.2.6 STMICROELECTRONICS
TABLE 154 STMICROELECTRONICS: COMPANY OVERVIEW
FIGURE 71 STMICROELECTRONICS: COMPANY SNAPSHOT
TABLE 155 STMICROELECTRONICS: PRODUCT/SOLUTION/SERVICE OFFERINGS
TABLE 156 STMICROELECTRONICS: PRODUCT LAUNCHES
13.2.7 TEXAS INSTRUMENTS INCORPORATED
TABLE 157 TEXAS INSTRUMENTS INCORPORATED: COMPANY OVERVIEW
FIGURE 72 TEXAS INSTRUMENTS INCORPORATED: COMPANY SNAPSHOT
TABLE 158 TEXAS INSTRUMENTS INCORPORATED: PRODUCT/SOLUTION/SERVICE OFFERINGS
TABLE 159 TEXAS INSTRUMENTS INCORPORATED: PRODUCT LAUNCHES
13.3 OTHER PLAYERS
13.3.1 BMS POWERSAFE
13.3.2 DUKOSI LIMITED
13.3.3 ELITHION, INC.
13.3.4 POWERTECH SYSTEMS
13.3.5 ROBOTEQ
13.3.6 XING MOBILITY
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
14 ADJACENT AND RELATED MARKETS
14.1 INTRODUCTION
14.2 LITHIUM-ION BATTERY MARKET, BY VOLTAGE
14.2.1 INTRODUCTION
TABLE 160 LITHIUM-ION BATTERY MARKET, BY VOLTAGE, 2019–2022 (USD BILLION)
TABLE 161 LITHIUM-ION BATTERY MARKET, BY VOLTAGE, 2023–2032 (USD BILLION)
14.2.2 LOW
14.2.2.1 Suitability for varying applications to fuel demand for low-voltage batteries
14.2.3 MEDIUM
14.2.3.1 Rising adoption of medium-voltage li-ion batteries in solar energy systems to drive market
14.2.4 HIGH
14.2.4.1 Enhanced safety features to boost adoption of high-voltage li-ion batteries in marine and military sectors
15 APPENDIX
15.1 INSIGHTS FROM INDUSTRY EXPERTS
15.2 DISCUSSION GUIDE
15.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
15.4 CUSTOMIZATION OPTIONS
15.5 RELATED REPORTS
15.6 AUTHOR DETAILS
