Report Description

Global battery monitoring system market was valued at USD3742.56 million in 2021 and is anticipated to project robust growth in the forecast period with a CAGR of 14.21%. Increasing need for battery monitoring in telecommunications and growing demand for electric vehicles are driving the growth of the global battery monitoring system market in the upcoming years.

Battery Monitoring System (BMS) allows users to monitor individual cells within a battery pack. BMS monitors and manages a battery pack in order to protect it from damage, prolong its life, and keep the battery operating within its safety limits. BMS is basically any electronic system that manages a rechargeable battery by protecting the battery from outside its safe operating area. Global battery monitoring system is further classified on the basis of battery type by the Lithium-Ion Battery and Lead-Acid Battery others. Growing demand for electric vehicles are driving the growth of the battery monitoring system market globally.

Rising Trend of Wireless Battery Monitoring System (BMS) Driving Market Growth

The advancement of technology and IoT adoption results in the rising trend of wireless battery monitoring systems. Wireless communication can reduce the weight of the battery monitoring system, resulting in the reduced weight of electric vehicles. It also reduces the overall complexity of the communication network. Additionally, the smaller footprint of the wireless battery monitoring system provides flexibility in where the system can be placed inside the vehicle. Such a system eliminates the time delay for information as it does not have to propagate all the way up and down the wiring ring, which makes it promising to make time-synchronized measurements across the entire pack, as well as the ability to synchronize the measurement of other qualities. The implementation of various wireless communication protocols in electric vehicles is expected to drive the growth of the wireless battery monitoring system and hence provide a push to the global battery monitoring system market.

Increasing Demand for Lithium-ion Batteries in Global Battery Monitoring System Market

The increasing demand for lithium-ion batteries is expected to drive the global battery monitoring system market in the forecast period. These batteries provide various advantages over traditional batteries, such as fast charging of such batteries minimizes downtime. Moreover, these batteries are ideal for a burst of power due to their high rate of discharge. These batteries are recyclable and cause less pollution. The battery monitoring system is required in most lithium-ion battery packs, particularly when used in electric vehicles. A battery monitoring system is required in the lithium-ion battery pack to increase operational efficiency by monitoring its parameters such as voltage, temperature, etc. The increasing adoption of electric vehicles is driving the demand for lithium-ion battery packs, which in turn is resulting in a surge of battery monitoring systems.

Rising Opportunities in Renewable Power Grid Infrastructure

Increased investment in renewable energy sources, including wind, hydro, and others, is resulting in a change of power grid infrastructure where battery banks are being used for backup power or protecting from power fluctuations on the grid. Furthermore, the development of distributed energy resources will increase the demand for battery banks in power grids. It is necessary to maintain a constant power supply and reduce hazardous, costly power outages in such power grid infrastructure, making the use of battery monitoring systems inevitable.

Growing Demand for Electric Vehicles Aids in Market Growth

One of the primary developments of the twenty-first century is the electrification of transportation. Electrification of road transport is being accelerated around the world due to the green government policies in various countries. According to a recent report, global sales for electric cars increased by 41% to about 3 million electric cars, which will increase the demand for batteries and battery monitoring systems worldwide. Battery monitoring systems increase the life span of the battery and reduce the maintenance and replacement cost. This reduces the overall cost of owning electric vehicles. Thus, the growing demand for electric vehicles is driving the demand for battery monitoring systems market as well.


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Market Segmentation

The global battery monitoring system market is segmented based on battery type, component, type, end user, region, and company. Based on battery type, the market is further fragmented into Lithium-Ion Battery, Lead Acid Battery and others. Based on component, the market is bifurcated into Hardware and Software. Also, segmentation of the market on the grounds of type is done into wired battery monitoring systems, wireless battery monitoring systems. Based on end user, the market is segmented into Telecommunications, Energy, Automotive, Others. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among Asia-Pacific region, North American region, European region, South American region, and the Middle East & African region. In terms of country, the United States battery monitoring system market is expected to grow at a CAGR of 14.36% in the forecast period, 2023-2027.

Company Profiles

Curtis Instruments, Inc., Power Shield Limited, Schneider Electric SE, Socomec Group, Capitol Power Group, LLC, BTECH, Inc., ABB Ltd., Battery Data Acquisition, Exponential Power, Inc., HBL Power Systems Limited, Texas Instruments Inc., Analog Device Inc., Shenzhen Relat Electronic Technology Co., and Ltd. and Eagle Eye Power Solutions, LLC, are among the major market players in the global platform that lead the market growth of the global battery monitoring system market.

Attribute

Details

Market size value in 2021

USD3742.56 Million

Revenue Forecast in 2027

USD8376.15 Million

United States Market size value in 2021

USD885.25 Million

Growth Rate

14.21%

Base Year

2021

Historical Years

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, 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
  • Component
  • Type
  • End User

Regional Scope

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

Country Scope

United States; Mexico; Canada; China; India; Japan; South Korea; Australia; Germany; France; United Kingdom; Spain; Italy; Saudi Arabia; UAE; Qatar; South Africa; Brazil; Argentina.

Key Companies Profiled

Curtis Instruments, Inc., Power Shield Limited, Schneider Electric SE, Socomec Group, Capitol Power Group, LLC, BTECH, Inc., ABB Ltd., Battery Data Acquisition, Exponential Power, Inc., HBL Power Systems Limited, Texas Instruments Inc., Analog Device Inc., Shenzhen Relat Electronic Technology Co., Ltd., Eagle Eye Power Solutions, LLC, Raytheon Technologies Corp.

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/pdf format on special request)

 

Report Scope:

In this report, Global Battery Monitoring System has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Battery Monitoring System, By Battery Type:
    • Lithium Ion Based Battery
    • Lead Acid Battery
    • Others

·         Battery Monitoring System, By Component:

    • Hardware
    • Software
  • Battery Monitoring System, By Type:
    • Wired Battery Monitoring System
    • Wireless Battery Monitoring System

·         Battery Monitoring System, By End User:

    • Telecommunications
    • Energy
    • Automotive
    • Others

·         Battery Monitoring System, By Region:

    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia
    • Europe
      • Germany
      • United Kingdom
      • France
      • Italy
      • Spain
    • North America
      • United States
      • Canada
      • Mexico
    • Middle East & Africa
      • Saudi Arabia
      • UAE
      • South Africa
      • Qatar
    • South America
      • Brazil
      • Argentina
      • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Global Battery Monitoring 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).

Table of content

1.    Battery Monitoring System: Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Battery Monitoring System Market

4.    Executive Summary

5.    Voice of Customer

5.1.  Brand Awareness

5.2.  Key Factors Influencing Purchase Decision

5.3.  Customer Satisfaction

5.4.  Key Challenges Faced

6.    Global Battery Monitoring System Market Outlook

6.1.  Market Size & Forecast

6.1.1.                By Value

6.2.  Market Share & Forecast

6.2.1.                By Battery Type (Lithium Ion Based Battery, Lead Acid Battery, Others)

6.2.2.                By Component (Hardware, Software)

6.2.3.                By Type (Wired Battery Monitoring System, Wireless Battery Monitoring System)           

6.2.4.                By End User (Telecommunications, Energy, Automotive, Others)

6.2.5.                By Region

6.2.6.                By Company (2020)

6.3.  Market Map (By Battery Type, By Component, By Type, By End User, By Region)

7.    North America Battery Monitoring System Market Outlook

7.1.  Market Size & Forecast

7.1.1.                By Value

7.2.  Market Share & Forecast

7.2.1.                 By Battery Type

7.2.2.                 By Component

7.2.3.                 By Type

7.2.4.                 By End User

7.2.5.                 By Country

7.3.  Market Map (By Battery Type, By Component, By Type, By End User, By Country)

7.4.  North America: Country Analysis

7.4.1.                 United States Battery Monitoring System Market Outlook

7.4.1.1.     Market Size & Forecast

7.4.1.1.1.              By Value

7.4.1.2.     Market Share & Forecast

7.4.1.2.1.              By Battery Type

7.4.1.2.2.              By Component

7.4.1.2.3.              By Type

7.4.1.2.4.              By End User

7.4.2.                 Canada Battery Monitoring System Market Outlook

7.4.2.1.     Market Size & Forecast

7.4.2.1.1.              By Value

7.4.2.2.     Market Share & Forecast

7.4.2.2.1.              By Battery Type

7.4.2.2.2.              By Component

7.4.2.2.3.              By Type

7.4.2.2.4.              By End User

7.4.3.                 Mexico Battery Monitoring System Market Outlook

7.4.3.1.     Market Size & Forecast

7.4.3.1.1.              By Value

7.4.3.2.     Market Share & Forecast

7.4.3.2.1.              By Battery Type

7.4.3.2.2.              By Component

7.4.3.2.3.              By Type

7.4.3.2.4.              By End User

8.    Asia-Pacific Battery Monitoring System Market Outlook

8.1.  Market Size & Forecast

8.1.1.                 By Value

8.2.  Market Share & Forecast

8.2.1.                 By Battery Type

8.2.2.                 By Component

8.2.3.                 By Type

8.2.4.                 By End User

8.2.5.                 By Country

8.3.  Market Map (By Battery Type, By Component, By Type, By End User, By Country)

8.4.  Asia-Pacific: Country Analysis

8.4.1.                 China Battery Monitoring System Market Outlook

8.4.1.1.     Market Size & Forecast

8.4.1.1.1.              By Value

8.4.1.2.     Market Share & Forecast

8.4.1.2.1.              By Battery Type

8.4.1.2.2.              By Component

8.4.1.2.3.              By Type

8.4.1.2.4.               By End User

8.4.2.                  Japan Battery Monitoring System Market Outlook

8.4.2.1.      Market Size & Forecast

8.4.2.1.1.               By Value

8.4.2.2.      Market Share & Forecast

8.4.2.2.1.               By Battery Type

8.4.2.2.2.               By Component

8.4.2.2.3.               By Type

8.4.2.2.4.               By End User

8.4.3.                  South Korea Battery Monitoring System Market Outlook

8.4.3.1.      Market Size & Forecast

8.4.3.1.1.               By Value

8.4.3.2.      Market Share & Forecast

8.4.3.2.1.               By Battery Type

8.4.3.2.2.               By Component

8.4.3.2.3.               By Type

8.4.3.2.4.               By End User

8.4.4.                  India Battery Monitoring System Market Outlook

8.4.4.1.      Market Size & Forecast

8.4.4.1.1.               By Value

8.4.4.2.      Market Share & Forecast

8.4.4.2.1.               By Battery Type

8.4.4.2.2.               By Component

8.4.4.2.3.               By Type

8.4.4.2.4.               By End User

8.4.5.                 Australia Battery Monitoring System Market Outlook

8.4.5.1.     Market Size & Forecast

8.4.5.1.1.              By Value

8.4.5.2.     Market Share & Forecast

8.4.5.2.1.              By Battery Type

8.4.5.2.2.              By Component

8.4.5.2.3.              By Type

8.4.5.2.4.              By End User

9.    Europe Battery Monitoring System Market Outlook

9.1.  Market Size & Forecast

9.1.1.                 By Value

9.2.  Market Share & Forecast

9.2.1.                 By Battery Type

9.2.2.                 By Component

9.2.3.                 By Type

9.2.4.                 By End User

9.2.5.                 By Country

9.3.  Market Map (By Battery Type, By Component, By Type, By End User, By Country)

9.4.  Europe: Country Analysis

9.4.1.                 Germany Battery Monitoring System Market Outlook

9.4.1.1.     Market Size & Forecast

9.4.1.1.1.              By Value

9.4.1.2.     Market Share & Forecast

9.4.1.2.1.              By Battery Type

9.4.1.2.2.              By Component

9.4.1.2.3.              By Type

9.4.1.2.4.              By End User

9.4.2.                 United Kingdom Battery Monitoring System Market Outlook

9.4.2.1.     Market Size & Forecast

9.4.2.1.1.              By Value

9.4.2.2.     Market Share & Forecast

9.4.2.2.1.              By Battery Type

9.4.2.2.2.              By Component

9.4.2.2.3.              By Type

9.4.2.2.4.              By End User

9.4.3.                 France Battery Monitoring System Market Outlook

9.4.3.1.     Market Size & Forecast

9.4.3.1.1.              By Value

9.4.3.2.     Market Share & Forecast

9.4.3.2.1.              By Battery Type

9.4.3.2.2.              By Component

9.4.3.2.3.              By Type

9.4.3.2.4.              By End User

9.4.4.                 Italy Battery Monitoring System Market Outlook

9.4.4.1.     Market Size & Forecast

9.4.4.1.1.              By Value

9.4.4.2.     Market Share & Forecast

9.4.4.2.1.              By Battery Type

9.4.4.2.2.              By Component

9.4.4.2.3.              By Type

9.4.4.2.4.              By End User

9.4.5.                 Spain Battery Monitoring System Market Outlook

9.4.5.1.     Market Size & Forecast

9.4.5.1.1.              By Value

9.4.5.2.     Market Share & Forecast

9.4.5.2.1.              By Battery Type

9.4.5.2.2.              By Component

9.4.5.2.3.              By Type

9.4.5.2.4.              By End User

10.  South America Battery Monitoring System Market Outlook

10.1.        Market Size & Forecast

10.1.1.                    By Value

10.2.        Market Share & Forecast

10.2.1.                    By Battery Type

10.2.2.                    By Component

10.2.3.                    By Type

10.2.4.                    By End User

10.2.5.                    By Country

10.3.        Market Map (By Battery Type, By Component, By Type, By End User, By Country)

10.4.        South America: Country Analysis

10.4.1.                    Brazil Battery Monitoring System Market Outlook

10.4.1.1.   Market Share & Forecast

10.4.1.1.1.            By Type

10.4.1.2.   Market Share & Forecast

10.4.1.2.1.            By Battery Type

10.4.1.2.2.            By Component

10.4.1.2.3.            By Type

10.4.1.2.4.            By End User

10.4.2.                    Argentina Battery Monitoring System Market Outlook

10.4.2.1.  Market Size & Forecast

10.4.2.1.1.            By Value

10.4.2.2.  10.4.2.2.   Market Share & Forecast

10.4.2.2.1.            By Battery Type

10.4.2.2.2.            By Component

10.4.2.2.3.            By Type

10.4.2.2.4.            By End User

10.4.3.                    Columbia Battery Monitoring System Market Outlook

10.4.3.1.  Market Size & Forecast

10.4.3.1.1.            By Value

10.4.3.2.  Market Share & Forecast

10.4.3.2.1.            By Battery Type

10.4.3.2.2.            By Component

10.4.3.2.3.            By Type

10.4.3.2.4.            By End User

11.  Middle East & Africa Battery Monitoring System Market Outlook

11.1.        Market Size & Forecast

11.1.1.                By Value

11.2.        Market Share & Forecast

11.2.1.                By Battery Type                                         

11.2.2.                By Component                                           

11.2.3.                By Type      

11.2.4.                By End User                                              

11.2.5.                By Country

11.3.        Market Map (By Battery Type, By Component, By Type, By End User, By Country)

11.4. Middle East & Africa: Country Analysis

11.4.1.                Saudi Arabia Battery Monitoring System Market Outlook

11.4.1.1.  Market Size & Forecast

11.4.1.1.1.            By Value

11.4.1.2.  Market Share & Forecast

11.4.1.2.1.            By Battery Type

11.4.1.2.2.            By Component

11.4.1.2.3.            By Type

11.4.1.2.4.            By End User

11.4.2.                UAE Battery Monitoring System Market Outlook

11.4.2.1.  Market Size & Forecast

11.4.2.1.1.            By Value

11.4.2.2.  Market Share & Forecast

11.4.2.2.1.                 By Battery Type

11.4.2.2.2.                 By Component

11.4.2.2.3.                 By Type

11.4.2.2.4.                 By End User

11.4.3.              South Africa Battery Monitoring System Market Outlook

11.4.3.1.  Market Size & Forecast

11.4.3.1.1.                 By Value

11.4.3.2.  Market Share & Forecast

11.4.3.2.1.                 By Battery Type

11.4.3.2.2.                 By Component

11.4.3.2.3.                 By Type

11.4.3.2.4.                 By End User

11.4.4.              Qatar Battery Monitoring System Market Outlook

11.4.4.1.  Market Size & Forecast

11.4.4.1.1.                 By Value

11.4.4.2.  Market Share & Forecast

11.4.4.2.1.                 By Battery Type

11.4.4.2.2.                 By Component

11.4.4.2.3.                 By Type

11.4.4.2.4.                 By End User

12.  Market Dynamics

12.1.        Drivers      

12.2.        Challenges                                 

13.  Market Trends and Developments

14.  Company Profiles

14.1.        Curtis Instruments, Inc.

14.2.        Power Shield Limited

14.3.        Schneider Electric SE

14.4.        Socomec Group

14.5.        Capitol Power Group, LLC

14.6.        BTECH, Inc.

14.7.        ABB Ltd.

14.8.        Battery Data Acquisition

14.9.        Exponential Power, Inc.

14.10.      HBL Power Systems Limited

14.11.      Texas Instruments Inc.

14.12.      Analog Device Inc.

14.13.      Shenzhen Relat Electronic Technology Co., Ltd.

14.14.      Eagle Eye Power Solutions, LLC

14.15.      Raytheon Technologies Corp.

15.  Strategic Recommendations

Figures and Tables

Figure 1: Global Battery Monitoring System Market Size, By Value (USD Million), 2017-2027F

Figure 2: Global Battery Monitoring System Market Share, By Battery Type, By Value, 2017-2027F

Figure 3: Global Battery Monitoring System Market Share, By Component, By Value, 2017-2027F

Figure 4: Global Battery Monitoring System Market Share, By Type, By Value, 2017-2027F

Figure 5: Global Battery Monitoring System Market Share, By End User, By Value, 2017-2027F

Figure 6: Global Battery Monitoring System Market Share, By Region, By Value, 2017-2027F

Figure 7: Global Battery Monitoring System Market Share, By Company, By Value, 2020

Figure 8: Global Battery Monitoring System Market Map, By Battery Type, Market Size (USD Million) & Growth Rate (%), 2021

Figure 9: Global Battery Monitoring System Market Map, By Component, Market Size (USD Million) & Growth Rate (%), 2021

Figure 10: Global Battery Monitoring System Market Map, By Type, Market Size (USD Million) & Growth Rate (%), 2021

Figure 11: Global Battery Monitoring System Market Map, By End User, Market Size (USD Million) & Growth Rate (%), 2021

Figure 12: Global Battery Monitoring System Market Map, By Region, Market Size (USD Million) & Growth Rate (%), 2021

Figure 13: North America Battery Monitoring System Market Size, By Value (USD Million), 2017-2027F

Figure 14: North America Battery Monitoring System Market Share, By Battery Type, By Value, 2017-2027F

Figure 15: North America Battery Monitoring System Market Share, By Component, By Value, 2017-2027F

Figure 16: North America Battery Monitoring System Market Share, By Type, By Value, 2017-2027F

Figure 17: North America Battery Monitoring System Market Share, By End User, By Value, 2017-2027F

Figure 18: North America Battery Monitoring System Market Share, By Country, By Value, 2017-2027F

Figure 19: North America Battery Monitoring System Market Map, By Battery Type, Market Size (USD Million) & Growth Rate (%), 2021

Figure 20: North America Battery Monitoring System Market Map, By Component, Market Size (USD Million) & Growth Rate (%), 2021

Figure 21: North America Battery Monitoring System Market Map, By Type, Market Size (USD Million) & Growth Rate (%), 2021

Figure 22: North America Battery Monitoring System Market Map, By End User, Market Size (USD Million) & Growth Rate (%), 2021

Figure 23: North America Battery Monitoring System Market Map, By Country, Market Size (USD Million) & Growth Rate (%), 2021

Figure 24: United States Battery Monitoring System Market Size, By Value (USD Million), 2017-2027F

Figure 25: United States Renewable Energy Capacity (MW), 2016-2020

Figure 26: United States Battery Monitoring System Market Share, By Battery Type, By Value, 2017-2027F

Figure 27: United States Battery Monitoring System Market Share, By Component, By Value, 2017-2027F

Figure 28: United States Battery Monitoring System Market Share, By Type, By Value, 2017-2027F

Figure 29: United States Battery Monitoring System Market Share, By End User, By Value, 2017-2027F

Figure 30: Canada Battery Monitoring System Market Size, By Value (USD Million), 2016-2026F

Figure 31: Canada Renewable Energy Capacity (MW), 2016-2020

Figure 32: Canada Battery Monitoring System Market Share, By Battery Type, By Value, 2017-2027F

Figure 33: Canada Battery Monitoring System Market Share, By Component, By Value, 2017-2027F

Figure 34: Canada Battery Monitoring System Market Share, By Type, By Value, 2017-2027F

Figure 35: Canada Battery Monitoring System Market Share, By End User, By Value, 2017-2027F

Figure 36: Mexico Battery Monitoring System Market Size, By Value (USD Million), 2016-2026F

Figure 37: Mexico Renewable Energy Capacity (MW), 2016-2020

Figure 38: Mexico Battery Monitoring System Market Share, By Battery Type, By Value, 2017-2027F

Figure 39: Mexico Battery Monitoring System Market Share, By Component, By Value, 2017-2027F

Figure 40: Mexico Battery Monitoring System Market Share, By Type, By Value, 2017-2027F

Figure 41: Mexico Battery Monitoring System Market Share, By End User, By Value, 2017-2027F

Figure 42: Asia-Pacific Battery Monitoring System Market Size, By Value (USD Million), 2017-2027F

Figure 43: Asia-Pacific Battery Monitoring System Market Share, By Battery Type, By Value, 2017-2027F

Figure 44: Asia-Pacific Battery Monitoring System Market Share, By Component, By Value, 2017-2027F

Figure 45: Asia-Pacific Battery Monitoring System Market Share, By Type, By Value, 2017-2027F

Figure 46: Asia-Pacific Battery Monitoring System Market Share, By End User, By Value, 2017-2027F

Figure 47: Asia-Pacific Battery Monitoring System Market Share, By Country, By Value, 2017-2027F

Figure 48: Asia-Pacific Battery Monitoring System Market Map, By Battery Type, Market Size (USD Million) & Growth Rate (%), 2021

Figure 49: Asia-Pacific Battery Monitoring System Market Map, By Component, Market Size (USD Million) & Growth Rate (%), 2021

Figure 50: Asia-Pacific Battery Monitoring System Market Map, By Type, Market Size (USD Million) & Growth Rate (%), 2021

Figure 51: Asia-Pacific Battery Monitoring System Market Map, By End User, Market Size (USD Million) & Growth Rate (%), 2021

Figure 52: Asia-Pacific Battery Monitoring System Market Map, By Country, Market Size (USD Million) & Growth Rate (%), 2021

Figure 53: China Battery Monitoring System Market Size, By Value (USD Million), 2017-2027F

Figure 54: China Renewable Energy Capacity (MW), 2016-2020

Figure 55: China Battery Monitoring System Market Share, By Battery Type, By Value, 2017-2027F

Figure 56: China Battery Monitoring System Market Share, By Component, By Value, 2017-2027F

Figure 57: China Battery Monitoring System Market Share, By Type, By Value, 2017-2027F

Figure 58: China Battery Monitoring System Market Share, By End User, By Value, 2017-2027F

Figure 59: Japan Battery Monitoring System Market Size, By Value (USD Million), 2017-2027F

Figure 60: Japan Renewable Energy Capacity (MW), 2016-2020

Figure 61: Japan Battery Monitoring System Market Share, By Battery Type, By Value, 2017-2027F

Figure 62: Japan Battery Monitoring System Market Share, By Component, By Value, 2017-2027F

Figure 63: Japan Battery Monitoring System Market Share, By Type, By Value, 2017-2027F

Figure 64: Japan Battery Monitoring System Market Share, By End User, By Value, 2017-2027F

Figure 65: South Korea Battery Monitoring System Market Size, By Value (USD Million), 2017-2027F

Figure 66: South Korea Renewable Energy Capacity (MW), 2016-2020

Figure 67: South Korea Battery Monitoring System Market Share, By Battery Type, By Value, 2017-2027F

Figure 68: South Korea Battery Monitoring System Market Share, By Component, By Value, 2017-2027F

Figure 69: South Korea Battery Monitoring System Market Share, By Type, By Value, 2017-2027F

Figure 70: South Korea Battery Monitoring System Market Share, By End User, By Value, 2017-2027F

Figure 71: India Battery Monitoring System Market Size, By Value (USD Million), 2017-2027F

Figure 72: India Renewable Energy Capacity (MW), 2016-2020

Figure 73: India Battery Monitoring System Market Share, By Battery Type, By Value, 2017-2027F

Figure 74: India Battery Monitoring System Market Share, By Component, By Value, 2017-2027F

Figure 75: India Battery Monitoring System Market Share, By Type, By Value, 2017-2027F

Figure 76: India Battery Monitoring System Market Share, By End User, By Value, 2017-2027F

Figure 77: Australia Battery Monitoring System Market Size, By Value (USD Million), 2017-2027F

Figure 78: Australia Renewable Energy Capacity (MW), 2016-2020

Figure 79: Australia Battery Monitoring System Market Share, By Battery Type, By Value, 2017-2027F

Figure 80: Australia Battery Monitoring System Market Share, By Component, By Value, 2017-2027F

Figure 81: Australia Battery Monitoring System Market Share, By Type, By Value, 2017-2027F

Figure 82: Australia Battery Monitoring System Market Share, By End User, By Value, 2017-2027F

Figure 83: Europe Battery Monitoring System Market Size, By Value (USD Million), 2017-2027F

Figure 84: Europe Battery Monitoring System Market Share, By Battery Type, By Value, 2017-2027F

Figure 85: Europe Battery Monitoring System Market Share, By Component, By Value, 2017-2027F

Figure 86: Europe Battery Monitoring System Market Share, By Type, By Value, 2017-2027F

Figure 87: Europe Battery Monitoring System Market Share, By End User, By Value, 2017-2027F

Figure 88: Europe Battery Monitoring System Market Share, By Country, By Value, 2017-2027F

Figure 89: Europe Battery Monitoring System Market Map, By Battery Type, Market Size (USD Million) & Growth Rate (%), 2021

Figure 90: Europe Battery Monitoring System Market Map, By Component, Market Size (USD Million) & Growth Rate (%), 2021

Figure 91: Europe Battery Monitoring System Market Map, By Type, Market Size (USD Million) & Growth Rate (%), 2021

Figure 92: Europe Battery Monitoring System Market Map, By End User, Market Size (USD Million) & Growth Rate (%), 2021

Figure 93: Europe Battery Monitoring System Market Map, By Country, Market Size (USD Million) & Growth Rate (%), 2021

Figure 94: Germany Battery Monitoring System Market Size, By Value (USD Million), 2017-2027F

Figure 95: Germany Renewable Energy Capacity (MW), 2016-2020

Figure 96: Germany Battery Monitoring System Market Share, By Battery Type, By Value, 2017-2027F

Figure 97: Germany Battery Monitoring System Market Share, By Component, By Value, 2017-2027F

Figure 98: Germany Battery Monitoring System Market Share, By Type, By Value, 2017-2027F

Figure 99: Germany Battery Monitoring System Market Share, By End User, By Value, 2017-2027F

Figure 100: United Kingdom Battery Monitoring System Market Size, By Value (USD Million), 2017-2027F

Figure 101: United Kingdom Renewable Energy Capacity (MW), 2016-2020

Figure 102: United Kingdom Battery Monitoring System Market Share, By Battery Type, By Value, 2017-2027F

Figure 103: United Kingdom Battery Monitoring System Market Share, By Component, By Value, 2017-2027F

Figure 104: United Kingdom Battery Monitoring System Market Share, By Type, By Value, 2017-2027F

Figure 105: United Kingdom Battery Monitoring System Market Share, By End User, By Value, 2017-2027F

Figure 106: France Battery Monitoring System Market Size, By Value (USD Million), 2017-2027F

Figure 107: France Renewable Energy Capacity (MW), 2016-2020

Figure 108: France Battery Monitoring System Market Share, By Battery Type, By Value, 2017-2027F

Figure 109: France Battery Monitoring System Market Share, By Component, By Value, 2017-2027F

Figure 110: France Battery Monitoring System Market Share, By Type, By Value, 2017-2027F

Figure 111: France Battery Monitoring System Market Share, By End User, By Value, 2017-2027F

Figure 112: Italy Battery Monitoring System Market Size, By Value (USD Million), 2017-2027F

Figure 113: Italy Renewable Energy Capacity (MW), 2016-2020

Figure 114: Italy Battery Monitoring System Market Share, By Battery Type, By Value, 2017-2027F

Figure 115: Italy Battery Monitoring System Market Share, By Component, By Value, 2017-2027F

Figure 116: Italy Battery Monitoring System Market Share, By Type, By Value, 2017-2027F

Figure 117: Italy Battery Monitoring System Market Share, By End User, By Value, 2017-2027F

Figure 118: Spain Battery Monitoring System Market Size, By Value (USD Million), 2017-2027F

Figure 119: Spain Renewable Energy Capacity (MW), 2016-2020

Figure 120: Spain Battery Monitoring System Market Share, By Battery Type, By Value, 2017-2027F

Figure 121: Spain Battery Monitoring System Market Share, By Component, By Value, 2017-2027F

Figure 122: Spain Battery Monitoring System Market Share, By Type, By Value, 2017-2027F

Figure 123: Spain Battery Monitoring System Market Share, By End User, By Value, 2017-2027F

Figure 124: South America Battery Monitoring System Market Size, By Value (USD Million), 2017-2027F

Figure 125: South America Battery Monitoring System Market Share, By Battery Type, By Value, 2017-2027F

Figure 126: South America Battery Monitoring System Market Share, By Component, By Value, 2017-2027F

Figure 127: South America Battery Monitoring System Market Share, By Type, By Value, 2017-2027F

Figure 128: South America Battery Monitoring System Market Share, By End User, By Value, 2017-2027F

Figure 129: South America Battery Monitoring System Market Share, By Country, By Value, 2017-2027F

Figure 130: South America Battery Monitoring System Market Map, By Battery Type, Market Size (USD Million) & Growth Rate (%), 2021

Figure 131: South America Battery Monitoring System Market Map, By Component, Market Size (USD Million) & Growth Rate (%), 2021

Figure 132: South America Battery Monitoring System Market Map, By Type, Market Size (USD Million) & Growth Rate (%), 2021

Figure 133: South America Battery Monitoring System Market Map, By End User, Market Size (USD Million) & Growth Rate (%), 2021

Figure 134: South America Battery Monitoring System Market Map, By Country, Market Size (USD Million) & Growth Rate (%), 2021

Figure 135: Brazil Battery Monitoring System Market Size, By Value (USD Million), 2017-2027F

Figure 136: Brazil Renewable Energy Capacity (MW), 2016-2020

Figure 137: Brazil Battery Monitoring System Market Share, By Battery Type, By Value, 2017-2027F

Figure 138: Brazil Battery Monitoring System Market Share, By Component, By Value, 2017-2027F

Figure 139: Brazil Battery Monitoring System Market Share, By Type, By Value, 2017-2027F

Figure 140: Brazil Battery Monitoring System Market Share, By End User, By Value, 2017-2027F

Figure 141: Argentina Battery Monitoring System Market Size, By Value (USD Million), 2017-2027F

Figure 142: Argentina Renewable Energy Capacity (MW), 2016-2020

Figure 143: Argentina Battery Monitoring System Market Share, By Battery Type, By Value, 2017-2027F

Figure 144: Argentina Battery Monitoring System Market Share, By Component, By Value, 2017-2027F

Figure 145: Argentina Battery Monitoring System Market Share, By Type, By Value, 2017-2027F

Figure 146: Argentina Battery Monitoring System Market Share, By End User, By Value, 2017-2027F

Figure 147: Colombia Battery Monitoring System Market Size, By Value (USD Million), 2017-2027F

Figure 148: Colombia Renewable Energy Capacity (MW), 2016-2020

Figure 149: Colombia Battery Monitoring System Market Share, By Battery Type, By Value, 2017-2027F

Figure 150: Colombia Battery Monitoring System Market Share, By Component, By Value, 2017-2027F

Figure 151: Colombia Battery Monitoring System Market Share, By Type, By Value, 2017-2027F

Figure 152: Colombia Battery Monitoring System Market Share, By End User, By Value, 2017-2027F

Figure 153: Middle East & Africa Battery Monitoring System Market Size, By Value (USD Million), 2017-2027F

Figure 154: Middle East & Africa Battery Monitoring System Market Share, By Battery Type, By Value, 2017-2027F

Figure 155: Middle East & Africa Battery Monitoring System Market Share, By Component, By Value, 2017-2027F

Figure 156: Middle East & Africa Battery Monitoring System Market Share, By Type, By Value, 2017-2027F

Figure 157: Middle East & Africa Battery Monitoring System Market Share, By End User, By Value, 2017-2027F

Figure 158: Middle East & Africa Battery Monitoring System Market Share, By Country, By Value, 2017-2027F

Figure 159: Middle East & Africa Battery Monitoring System Market Map, By Battery Type, Market Size (USD Million) & Growth Rate (%), 2021

Figure 160: Middle East & Africa Battery Monitoring System Market Map, By Component, Market Size (USD Million) & Growth Rate (%), 2021

Figure 161: Middle East & Africa Battery Monitoring System Market Map, By Type, Market Size (USD Million) & Growth Rate (%), 2021

Figure 162: Middle East & Africa Battery Monitoring System Market Map, By End User, Market Size (USD Million) & Growth Rate (%), 2021

Figure 163: Middle East & Africa Battery Monitoring System Market Map, By Country, Market Size (USD Million) & Growth Rate (%), 2021

Figure 164: Saudi Arabia Battery Monitoring System Market Size, By Value (USD Million), 2017-2027F

Figure 165: Saudi Arabia Renewable Energy Capacity (MW), 2016-2020

Figure 166: Saudi Arabia Battery Monitoring System Market Share, By Battery Type, By Value, 2017-2027F

Figure 167: Saudi Arabia Battery Monitoring System Market Share, By Component, By Value, 2017-2027F

Figure 168: Saudi Arabia Battery Monitoring System Market Share, By Type, By Value, 2017-2027F

Figure 169: Saudi Arabia Battery Monitoring System Market Share, By End User, By Value, 2017-2027F

Figure 170: UAE Battery Monitoring System Market Size, By Value (USD Million), 2017-2027F

Figure 171: UAE Renewable Energy Capacity (MW), 2016-2020

Figure 172: UAE Battery Monitoring System Market Share, By Battery Type, By Value, 2017-2027F

Figure 173: UAE Battery Monitoring System Market Share, By Component, By Value, 2017-2027F

Figure 174: UAE Battery Monitoring System Market Share, By Type, By Value, 2017-2027F

Figure 175: UAE Battery Monitoring System Market Share, By End User, By Value, 2017-2027F

Figure 176: South Africa Battery Monitoring System Market Size, By Value (USD Million), 2017-2027F

Figure 177: South Africa Renewable Energy Capacity (MW), 2016-2020

Figure 178: South Africa Battery Monitoring System Market Share, By Battery Type, By Value, 2017-2027F

Figure 179: South Africa Battery Monitoring System Market Share, By Component, By Value, 2017-2027F

Figure 180: South Africa Battery Monitoring System Market Share, By Type, By Value, 2017-2027F

Figure 181: South Africa Battery Monitoring System Market Share, By End User, By Value, 2017-2027F

Figure 182: Qatar Battery Monitoring System Market Size, By Value (USD Million), 2017-2027F

Figure 183: Qatar Renewable Energy Capacity (MW), 2016-2020

Figure 184: Qatar Battery Monitoring System Market Share, By Battery Type, By Value, 2017-2027F

Figure 185: Qatar Battery Monitoring System Market Share, By Component, By Value, 2017-2027F

Figure 186: Qatar Battery Monitoring System Market Share, By Type, By Value, 2017-2027F

Figure 187: Qatar Battery Monitoring System Market Share, By End User, By Value, 2017-2027F

Frequently asked questions

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The market size of the global battery monitoring system was estimated to be USD3742.56 million in 2021 owing to growing demand for electric vehicles, growing need for battery monitoring in telecommunications, etc.

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Automotive is the fastest growing end user segment in the global battery monitoring system market with a CAGR of 14.61% from 2022E-2027F owing to growing safety and security concerns in the automotive industry.

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North America is the largest region in the global battery monitoring system market, with a share of 32.78% in 2021 owing to the adoption of electric vehicles in the region.

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Growing need for battery monitoring in telecommunications and unpredictable nature of batteries are the major drivers for the global battery monitoring system market.

profile

Parvati Sharma

Account Manager BD
Press Release

Battery Monitoring System Market to Surpass USD8376.15 million by 2027

Jan, 2022

Growing demand for monitoring health of battery in electric vehicles to drive the demand for global battery monitoring system market for the forecast period.