Battery Management System Market Report 2019-2029
Forecasts by Type (Lithium-ion-based, Lead-acid-based, Nickel-based, Flow Batteries), by Topology (Centralized, Distributed, Modular), by Application (Automotive, Consumer Electronics, Medical & Healthcare, Military & Defence, Renewable Energy Systems, UPS, Telecommunication) Plus Leading Company Analysis and Regional and Leading National Market Analysis
This latest report by business intelligence provider Visiongain assesses that Battery Management System Market spending will reach $3.87 bn in 2019. Battery management system (BMS) relates to systems monitoring the battery’s modifications in real-time energy. Battery management system improves battery efficiency, security, reliability and battery life with precise tracking of battery capacity. At the end of 2016, global cumulative sales of highway-legal light-duty plug-in vehicles exceeded 2 million units, 3 million in November 2017, and 5 million in December 2018. In 2018, plug-in passenger vehicle sales reached a 2.1% market share of new vehicle sales, up from 1.3% in 2017 and 0.86% in 2016. The PEV industry is moving towards battery cars with full electricity. The worldwide proportion of BEVs to PHEVs grew from 56:44 in 2012, to 60:40 in 2015, and in 2018 it grew to 69:31. Foreign energy battery BMS usually makes the active equalization technology, and it has greater expenses for single cars. Battery Management System Market is anticipated to grow at a CAGR of 10.2% during 2019-2029.
It is therefore critical that you have your timescales correct and your forecasting plans ready. This report will ensure that you do. Visiongain’s report will ensure that you keep informed and ahead of your competitors. Gain that competitive advantage.
A Major Challenge for Battery Management System Manufacturers
On the back of electric vehicles emerging, the battery industry experienced the growth of high-voltage batteries. Moreover, the need for greater voltage batteries has been produced by growing numbers of electrical parts in automobiles. While the automotive industry is exploring high-powered lithium ion batteries, circuit safety stays extremely critical as its failure can result in heat incidence or contact with the metal structure of the car resulting in an accident.
Opportunities Battery Management System Manufacturers in Logistics Sectors
Because bad battery maintenance outcomes in shorter battery life and runtime, owners of warehouses and fleets embrace battery management system facilities that offer efficient battery management, decreased downtime, and important money spent altering the malfunctioning batteries. Additional benefits of installing the battery management system include saving earlier dedicated warehouse room for battery charging and secure charging schemes.
Read on to discover how you can exploit the future business opportunities emerging in this sector. Visiongain’s new study tells you and tells you NOW. The 214-pages report provides clear, detailed insight into the global Battery Management System market. Discover the key drivers and challenges affecting the market.
By ordering and reading our brand-new report today, you stay better informed and ready to act.
The report delivers considerable added value by revealing:
57 tables, charts and graphs are analyzing and revealing the growth prospects and outlook for the Battery Management System market.
Global Battery Management System market forecasts and analysis from 2019-2029.
Battery Management System market provides revenue estimates, forecasts and analysis from 2019-2029 for Battery Management System submarkets:
Forecasts and analysis of Battery Management System market by Type between 2019-2029
Lithium-ion-based Market, 2019-2029
Lead-acid-based Market, 2019-2029
Nickel-based Market, 2019-2029
Flow batteries Market, 2019-2029
Other Types Market, 2019-2029
Forecasts and analysis of Battery Management System market by Application between 2019-2029
Automotive Market, 2019-2029
Consumer Electronics Market, 2019-2029
Medical & Healthcare Market, 2019-2029
Military & Defense Market, 2019-2029
Renewable Energy Systems Market, 2019-2029
Telecommunication Market, 2019-2029
Forecasts and analysis of Battery Management System market by Topology between 2019-2029
Centralized Market, 2019-2029
Distributed Market, 2019-2029
Modular Market, 2019-2029
Others Market, 2019-2029
Regional Battery Management System market forecasts from 2019-2029 with drivers and restraints for the countries including:
Focused regional forecasts and analysis explore the future opportunities:
North America Market, 2019-2029
US Market, 2019-2029
Canada Market, 2019-2029
Europe Market, 2019-2029
The UK Market, 2019-2029
Germany Market, 2019-2029
France Market, 2019-2029
Italy Market, 2019-2029
Spain Market, 2019-2029
Rest of Europe Market, 2019-2029
Asia-Pacific Market, 2019-2029
China Market, 2019-2029
India Market, 2019-2029
Japan Market, 2019-2029
Australia & New Zealand Market, 2019-2029
Rest of Asia-Pacific Market, 2019-2029
LAMEA Market, 2019-2029
Latin America Market, 2019-2029
Middle East Market, 2019-2029
Africa Market, 2019-2029
Due to growing penetration of EVs combined with supporting public initiatives, North America is anticipated to experience important development over the forecast era. The U.S. American Recovery and Reinvestment Act provides funding for the development of HEVs for private and public institutions, which is anticipated to have a positive effect on market growth in the near future. As a consequence of promoting public measures such as incentives for EV producers and the exemption of registration charges and road taxes, Europe is also likely to record good development in the Netherlands
Company profiles for the leading Battery Management System companies
Conclusions and recommendations which will aid decision-making
How will you benefit from this report?
Keep your knowledge base up to speed. Don’t get left behind
Reinforce your strategic decision-making with definitive and reliable market data
Learn how to exploit new technological trends
Realise your company’s full potential within the market
Understand the competitive landscape and identify potential new business opportunities & partnerships
Who should read this report?
Anyone with involvement in the Battery Management System
Arbitrage companies and divisions
Electrical price reporting companies
Electrical company managers
Electrical company executives and analysts
Heads of strategic development
Business development managers
Visiongain’s study is intended for anyone requiring commercial analyses for the Battery Management System market and leading companies. You find data, trends and predictions.
Buy our report today the Battery Management System Market Forecast 2019-2029. Avoid missing out by staying informed – get our report now.
Visiongain is a trading partner with the US Federal Government
CCR Ref number: KD4R6
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