A battery management system (BMS) is an electronic system that manages a rechargeable battery (cell or battery pack), such as by protecting the battery from operating outside its Safe Operating Area, monitoring its state, calculating secondary data, reporting that data, controlling its environment, authenticating it and / or balancing it.
The battery management system for lithium-ion-based battery leads the battery management system market since the lithium-ion-based battery is popular in various application industries owing to its high energy and power density, lightweight, and low standby losses.
North America held the largest share of the battery management system market, while the market in Asia-Pacific is expected to grow at a high rate during the forecast period and lead the BMS market by 2023. The high growth of the Asia-Pacific region is attributed to the presence of a number of leading portable devices manufacturers and the demand for battery management from countries such as China and Japan owing to the increasing adoption of electric vehicles in these countries.
Global Battery Management System Market Professional Survey Report 2019 is a professional and in-depth study and available exclusively through Trusted Business Insights. Annual estimates and forecasts are provided for the period 2019 through 2025. Also, a five-year historic analysis is provided for these markets in this 109 pages report.
This market report provides in-depth analytics of the Battery Management System industry including definition, classification, application and industry chain structure. The report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share, and contact information.
Battery Management System market report includes an in-depth analysis of the competitive landscape of this business vertical, constituting companies like:
Products Segmentation, this report displays the production, revenue, price, market share, and growth rate of each type as below:
By Battery Type
Advanced Lead-Acid Batteries
By Industrial Application, the market can be split into:
Market Segment by Regions includes:
- North America (the USA, Canada, and Mexico)
- Europe (Germany, France, UK, Russia, and Italy)
- Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
- South America
- Middle East and Africa.
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