Global Battery Management System Market By Battery Type (Lithium-Ion, Lead-Acid, Nickel based, Others) By Topology (Centralized, Distributed, Modular) By Type (Stationary Battery, Motive Battery) By Component (Hardware, Software) By Application (Automotive, UPS, Telecommunications, Renewable Energy Systems, Military and Others) By Company, By Region, Forecast & Opportunities, 2027

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Summary

Report Description

Global battery management system market is anticipated to grow at a significant CAGR during the forecast period. Increasing demand for electric vehicles due to rising awareness regarding greenhouse emissions and contribution of lower carbon footprint into the environment. Increasing requirement of battery monitoring in renewable energy systems is influencing the global market demand for the predicted period, 2023-2027.

Rising need for effective grid management is fueling the global battery management system market. Expansion of the automotive industry across the globe is considered a major driver for the market growth for the next five years. Increasing adoption of rechargeable batteries across various end-user industries is fostering the market across the world. The rising need for telecommunication systems is aiding to high market demand.

Battery management systems offers advantages such as higher reliability, improved business productivity and reduced complexity which is expected to influence the market growth. The implementation and development of latest technologies such as development of electric vehicle charging stations is paving the way for battery management system market as these systems have features for fault detection of individual cells and the ability to monitor and balance the charge of individual battery cells. Industry players are investing in research and development activities to improve the existing technology and introduce more efficient products. Battery management system manufacturers are collaborating with automobile manufacturers to improve their global presence.

Global battery management system market is segmented into battery type, topology, type, component, application, regional distribution, and company. Based on regional analysis, Europe is expected to witness fastest incremental growth in the global market as it has presence of some prominent battery manufacturers. Automobile industry is expected to grow at an exponential rate in Europe as it utilizes energy in an efficient way.

The major players operating in the global battery management system market are Linear Technology Corporation, Lithium Balance A/S, Johnson Matthey PLC, Elithion, Inc., AVL List, Toshiba, Panasonic, Texas Instruments, Inc., Valence Technology, Inc., Ventec SAS, among others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.

Objective of the Study:

  • To analyze the historical growth in the market size of global battery management system market from 2017 to 2021.
  • To estimate and forecast the market size of global battery management system market from 2022 to 2027 and growth rate until 2027.
  • To classify and forecast global battery management system market based on battery type, topology, type, component, application, region, and company.
  • To identify dominant region or segment in the global battery management system market.
  • To identify drivers and challenges for global battery management system market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global battery management system market.
  • To identify and analyze the profile of leading players operating in global battery management system market.
  • To identify key sustainable strategies adopted by market players in global battery management system market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of global battery management system market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Battery management system manufacturing companies
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums, and alliances related to battery management system market.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2021

Historical Years

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, Volume in Units, and CAGR for 2017-2021 and 2022-2027

Report Coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

  • Battery Type
  • Topology
  • Type
  • Component
  • Application

Regional Scope

North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa

Country Scope

United States; Canada; Mexico; China; India; Japan; Thailand; South Korea; Germany; France; United Kingdom; Spain; Italy; Russia; Turkey; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa

Key Companies Profiled

Linear Technology Corporation, Lithium Balance A/S, Johnson Matthey PLC, Elithion, Inc., AVL List, Toshiba, Panasonic, Texas Instruments, Inc., Valence Technology, Inc., Ventec SAS.

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, global battery management system market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         Global Battery Management System Market, By Battery Type:

    • Lithium-Ion
    • Lead-Acid
    • Nickel based
    • Others
  • Global Battery Management System Market, By Topology:
    • Centralized
    • Distributed
    • Modular
  • Global Battery Management System Market, By Type:
    • Stationary Battery
    • Motive Battery
  • Global Battery Management System Market, By Component:
    • Hardware
    • Software
  • Global Battery Management System Market, By Application:
    • Automotive
    • UPS
    • Telecommunications
    • Renewable Energy Systems
    • Military
    • Others
  • Global Battery Management System Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • United Kingdom
      • Germany
      • France
      • Spain
      • Italy
      • Russia
      • Turkey
    • Asia-Pacific

§  India

§  China

§  Japan

§  South Korea

§  Thailand

o   Middle East & Africa

      • UAE
      • Saudi Arabia
      • South Africa
    • South America

§  Brazil

§  Argentina

§  Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global battery management system market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global battery management system market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Impact of COVID-19 on Global Battery Management System Market

5.    Voice of Customer

6.    Global Battery Management System Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value and Volume

6.2.  Market Share & Forecast

6.2.1.     By Battery Type (Lithium-Ion, Lead-Acid, Nickel based, Others)

6.2.2.     By Topology (Centralized, Distributed, Modular)

6.2.3.     By Type (Stationary Battery, Motive Battery)

6.2.4.     By Component (Hardware, Software)

6.2.5.     By Application (Automotive, UPS, Telecommunications, Renewable Energy Systems, Military and Others)

6.2.6.     By Region (North America; Europe; Asia Pacific; South America and Middle East & Africa)

6.2.7.     By Company (2021)

6.3.  Product Market Map (By Vehicle Type, By Equipment Type, By Material, By Region)

7.    North America Battery Management System Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value and Volume

7.2.  Market Share & Forecast

7.2.1.     By Battery Type

7.2.2.     By Topology

7.2.3.     By Type

7.2.4.     By Component

7.2.5.     By Application

7.2.6.     By Country (United States; Canada; Mexico)

7.3.  Product Market Map (By Vehicle Type, By Equipment Type, By Material, By Country)

7.4.  North America: Country Analysis

7.4.1.     United States Battery Management System Market Outlook

7.4.1.1.         Market Size & Forecast

7.4.1.1.1.             By Value and Volume

7.4.1.2.         Market Share & Forecast

7.4.1.2.1.             By Battery Type

7.4.1.2.2.             By Topology

7.4.1.2.3.             By Type

7.4.1.2.4.             By Component

7.4.1.2.5.             By Application

7.4.2.     Canada Battery Management System Market Outlook

7.4.2.1.         Market Size & Forecast

7.4.2.1.1.             By Value and Volume

7.4.2.2.         Market Share & Forecast

7.4.2.2.1.             By Battery Type

7.4.2.2.2.             By Topology

7.4.2.2.3.             By Type

7.4.2.2.4.             By Component

7.4.2.2.5.             By Application

7.4.3.     Mexico Battery Management System Market Outlook

7.4.3.1.         Market Size & Forecast

7.4.3.1.1.             By Value and Volume

7.4.3.2.         Market Share & Forecast

7.4.3.2.1.             By Battery Type

7.4.3.2.2.             By Topology

7.4.3.2.3.             By Type

7.4.3.2.4.             By Component

7.4.3.2.5.             By Application

8.    Asia Pacific Battery Management System Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value and Volume

8.2.  Market Share & Forecast

8.2.1.     By Battery Type

8.2.2.     By Topology

8.2.3.     By Type

8.2.4.     By Component

8.2.5.     By Application

8.2.6.     By Country (China, India, Japan, South Korea, Thailand and Rest of Asia Pacific)

8.3.  Product Market Map (By Vehicle Type, By Equipment Type, By Material, By Country)

8.4.  Asia Pacific: Country Analysis

8.4.1.     China Battery Management System Market Outlook

8.4.1.1.         Market Size & Forecast

8.4.1.1.1.             By Value and Volume

8.4.1.2.         Market Share & Forecast

8.4.1.2.1.             By Battery Type

8.4.1.2.2.             By Topology

8.4.1.2.3.             By Type

8.4.1.2.4.             By Component

8.4.1.2.5.             By Application

8.4.2.     India Battery Management System Market Outlook

8.4.2.1.         Market Size & Forecast

8.4.2.1.1.             By Value and Volume

8.4.2.2.         Market Share & Forecast

8.4.2.2.1.             By Battery Type

8.4.2.2.2.             By Topology

8.4.2.2.3.             By Type

8.4.2.2.4.             By Component

8.4.2.2.5.             By Application

8.4.3.     Japan Battery Management System Market Outlook

8.4.3.1.         Market Size & Forecast

8.4.3.1.1.             By Value and Volume

8.4.3.2.         Market Share & Forecast

8.4.3.2.1.             By Battery Type

8.4.3.2.2.             By Topology

8.4.3.2.3.             By Type

8.4.3.2.4.             By Component

8.4.3.2.5.             By Application

8.4.4.     South Korea Battery Management System Market Outlook

8.4.4.1.         Market Size & Forecast

8.4.4.1.1.             By Value and Volume

8.4.4.2.         Market Share & Forecast

8.4.4.2.1.             By Battery Type

8.4.4.2.2.             By Topology

8.4.4.2.3.             By Type

8.4.4.2.4.             By Component

8.4.4.2.5.             By Application

8.4.5.     Thailand Battery Management System Market Outlook

8.4.5.1.         Market Size & Forecast

8.4.5.1.1.             By Value and Volume

8.4.5.2.         Market Share & Forecast

8.4.5.2.1.             By Battery Type

8.4.5.2.2.             By Topology

8.4.5.2.3.             By Type

8.4.5.2.4.             By Component

8.4.5.2.5.             By Application

9.    Europe Battery Management System Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value and Volume

9.2.  Market Share & Forecast

9.2.1.     By Battery Type

9.2.2.     By Topology

9.2.3.     By Type

9.2.4.     By Component

9.2.5.     By Application

9.2.6.     By Country (Germany, France, United Kingdom, Spain, Italy, Russia, Turkey and Rest of Europe)

9.3.  Product Market Map (By Vehicle Type, By Equipment Type, By Material, By Country)

9.4.  Europe: Country Analysis

9.4.1.     Germany Battery Management System Market Outlook

9.4.1.1.         Market Size & Forecast

9.4.1.1.1.             By Value and Volume

9.4.1.2.         Market Share & Forecast

9.4.1.2.1.             By Battery Type

9.4.1.2.2.             By Topology

9.4.1.2.3.             By Type

9.4.1.2.4.             By Component

9.4.1.2.5.             By Application

9.4.2.     France Battery Management System Market Outlook

9.4.2.1.         Market Size & Forecast

9.4.2.1.1.             By Value and Volume

9.4.2.2.         Market Share & Forecast

9.4.2.2.1.             By Battery Type

9.4.2.2.2.             By Topology

9.4.2.2.3.             By Type

9.4.2.2.4.             By Component

9.4.2.2.5.             By Application

9.4.3.     United Kingdom Battery Management System Market Outlook

9.4.3.1.         Market Size & Forecast

9.4.3.1.1.             By Value and Volume

9.4.3.2.         Market Share & Forecast

9.4.3.2.1.             By Battery Type

9.4.3.2.2.             By Topology

9.4.3.2.3.             By Type

9.4.3.2.4.             By Component

9.4.3.2.5.             By Application

9.4.4.     Spain Battery Management System Market Outlook

9.4.4.1.         Market Size & Forecast

9.4.4.1.1.             By Value and Volume

9.4.4.2.         Market Share & Forecast

9.4.4.2.1.             By Battery Type

9.4.4.2.2.             By Topology

9.4.4.2.3.             By Type

9.4.4.2.4.             By Component

9.4.4.2.5.             By Application

9.4.5.     Italy Battery Management System Market Outlook

9.4.5.1.         Market Size & Forecast

9.4.5.1.1.             By Value and Volume

9.4.5.2.         Market Share & Forecast

9.4.5.2.1.             By Battery Type

9.4.5.2.2.             By Topology

9.4.5.2.3.             By Type

9.4.5.2.4.             By Component

9.4.5.2.5.             By Application

9.4.6.     Russia Battery Management System Market Outlook

9.4.6.1.         Market Size & Forecast

9.4.6.1.1.             By Value and Volume

9.4.6.2.         Market Share & Forecast

9.4.6.2.1.             By Battery Type

9.4.6.2.2.             By Topology

9.4.6.2.3.             By Type

9.4.6.2.4.             By Component

9.4.6.2.5.             By Application

9.4.7.     Turkey Battery Management System Market Outlook

9.4.7.1.         Market Size & Forecast

9.4.7.1.1.             By Value and Volume

9.4.7.2.         Market Share & Forecast

9.4.7.2.1.             By Battery Type

9.4.7.2.2.             By Topology

9.4.7.2.3.             By Type

9.4.7.2.4.             By Component

9.4.7.2.5.             By Application

10.  South America Battery Management System Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value and Volume

10.2.              Market Share & Forecast

10.2.1.  By Battery Type

10.2.2.  By Topology

10.2.3.  By Type

10.2.4.  By Component

10.2.5.  By Application

10.2.6.  By Country (Brazil, Argentina, Colombia and Rest of South America)

10.3.              Product Market Map (By Vehicle Type, By Equipment Type, By Material, By Country)

10.4.              South America: Country Analysis

10.4.1.  Brazil Battery Management System Market Outlook

10.4.1.1.      Market Size & Forecast

10.4.1.1.1.           By Value and Volume

10.4.1.2.      Market Share & Forecast

10.4.1.2.1.           By Battery Type

10.4.1.2.2.           By Topology

10.4.1.2.3.           By Type

10.4.1.2.4.           By Component

10.4.1.2.5.           By Application

10.4.2.  Argentina Battery Management System Market Outlook

10.4.2.1.      Market Size & Forecast

10.4.2.1.1.           By Value and Volume

10.4.2.2.      Market Share & Forecast

10.4.2.2.1.           By Battery Type

10.4.2.2.2.           By Topology

10.4.2.2.3.           By Type

10.4.2.2.4.           By Component

10.4.2.2.5.           By Application

10.4.3.  Colombia Battery Management System Market Outlook

10.4.3.1.      Market Size & Forecast

10.4.3.1.1.           By Value and Volume

10.4.3.2.      Market Share & Forecast

10.4.3.2.1.           By Battery Type

10.4.3.2.2.           By Topology

10.4.3.2.3.           By Type

10.4.3.2.4.           By Component

10.4.3.2.5.           By Application

11.  Middle East and Africa Battery Management System Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value and Volume

11.2.              Market Share & Forecast

11.2.1.  By Battery Type

11.2.2.  By Topology

11.2.3.  By Type

11.2.4.  By Component

11.2.5.  By Application

11.2.6.  By Country (South Africa, UAE, Saudi Arabia and Rest of Middle East and Africa)

11.3.              Product Market Map (By Vehicle Type, By Equipment Type, By Material, By Country)

11.4.              Middle East and Africa: Country Analysis

11.4.1.  South Africa Battery Management System Market Outlook

11.4.1.1.      Market Size & Forecast

11.4.1.1.1.           By Value and Volume

11.4.1.2.      Market Share & Forecast

11.4.1.2.1.           By Battery Type

11.4.1.2.2.           By Topology

11.4.1.2.3.           By Type

11.4.1.2.4.           By Component

11.4.1.2.5.           By Application

11.4.2.  UAE Battery Management System Market Outlook

11.4.2.1.      Market Size & Forecast

11.4.2.1.1.           By Value and Volume

11.4.2.2.      Market Share & Forecast

11.4.2.2.1.           By Battery Type

11.4.2.2.2.           By Topology

11.4.2.2.3.           By Type

11.4.2.2.4.           By Component

11.4.2.2.5.           By Application

11.4.3.  Saudi Arabia Battery Management System Market Outlook

11.4.3.1.      Market Size & Forecast

11.4.3.1.1.           By Value and Volume

11.4.3.2.      Market Share & Forecast

11.4.3.2.1.           By Battery Type

11.4.3.2.2.           By Topology

11.4.3.2.3.           By Type

11.4.3.2.4.           By Component

11.4.3.2.5.           By Application

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends & Developments

14.  Competitive Landscape

14.1.              Competition Outlook

14.2.              Company Profiles (Partial List of Leading Companies)

14.2.1.  Linear Technology Corporation

14.2.2.  Lithium Balance A/S

14.2.3.  Johnson Matthey PLC

14.2.4.  Elithion, Inc.

14.2.5.  AVL List

14.2.6.  Toshiba

14.2.7.  Panasonic

14.2.8.    Texas Instruments, Inc.

14.2.9.    Valence Technology, Inc.

14.2.10.  Ventec SAS

15.  Strategic Recommendations

Figures and Tables

Frequently asked questions

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Factors like rising awareness regarding greenhouse emissions and contribution of lower carbon footprint into the environment are driving the growth of the global battery management system market in the forecast years, 2023-2027.

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are Linear Technology Corporation, Lithium Balance A/S, Johnson Matthey PLC, Elithion, Inc., AVL List, among others are leading the global battery management system market in the forecast period, 2023-2027.

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The global battery management system market analysis was analyzed for the five historical years from 2017 to 2020. Keeping the base year 2020 as the margin, the estimation for the year 2022 was made and further market growth is predicted for the forecast years, 2023 to 2027.

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New market players may invest actively in research and innovative product development. Also, advancing their existent technology according to evolving consumer preferences along with merger and acquisitions with the global giants can be viable strategic recommendations for the future brand establishments.

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Jun, 2021

Huge demand for electric and hybrid vehicles and rising environmental concerns are expected to drive the demand for global battery management system market for the forecast period.

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