The growth of this market is propelled by the rapidly growing need for battery management system given the increasing number of vehicles that require charging such as electric vehicles (EVs), hybrid electric vehicles (HEVs), and plug-in hybrid vehicles (PHV).

These vehicles consist of series-connected battery packs which require extensive monitoring. Hence, battery management systems act as a crucial component in these vehicles for supervising and guaranteeing reliable and safe battery operations.

The battery management system market is expected to reach USD 7.25 billion by 2022, at a CAGR of 20.5% between 2016 and 2022.

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This research report categorizes the global battery management system market on the basis of battery types, components, topologies, applications, and geography. This report describes the drivers, restraints, opportunities, and challenges for the growth of the battery management system market. The Porter’s five forces analysis has also been included in the report with a description of each of its forces and its respective impact on the position sensor market.

Major players in this market include Johnson Matthey Plc. (U.K.), Lithium Balance A/S (Denmark), Nuvation Engineering (U.S.), Valence Technology, Inc. (U.S.), Intersil Corporation (U.S.), Linear Technology Corp (U.S.), NXP Semiconductors N.V. (Netherlands), Texas Instruments Inc. (U.S.), Elithion, Inc. (U.S.), Vecture Inc. (Canada), and Ventec SAS (France).

Target Audience:

Battery manufacturers
Battery management system manufacturers
Battery management system traders/suppliers
End-user industries
Government bodies such as regulating authorities and policy makers
Market research and consulting firms
Raw chemical suppliers and distributors
Research institutes and organizations

The study answers several questions for the target audiences, primarily, which market segments to focus on in the next two to five years for prioritizing efforts and investments.

Report Scope:

In this report, the battery management system market has been segmented on the basis of the following categories, along with the industry trends:

By Battery Type:

Lithium-Ion Based-Batteries
Advanced Lead-Acid Batteries
Nickel-Based Batteries
Flow Batteries
Others

By Component:

Hardware
Battery Control Unit
Power Management IC
Communication Channel
CAN Bus
Software

By Topology

Centralized
Modular
Distributed

By Application:

Introduction
Automotive
Electric Vehicles
E-Bikes
Automated Guided Vehicles
Military
Medical
Portable Device
Consumer Electronics (Smartphones/Laptops)
Power Tools
Portable Battery Pack
Telecommunication
Renewable Energy Systems
UPS (Uninterrupted Power Supply)
Others
Marine
Home Appliances

By Region:

North America
U.S.
Canada
Mexico
Europe
U.K.
Germany
France
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of APAC
Rest of the World
South America
Middle East
Africa

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