Reports
Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.
Global Battery Management System Market: By Battery Type: Lithium-Ion–Based Batteries, Advanced Lead-Acid Batteries, Flow Batteries, Nickel-Based Batteries, Others; By Component; By Topology; By Application; Regional Analysis; Historical Market and Forecast (2017-2027); Competitive Landscape; Industry Events and Developments
Global Battery Management System Market Outlook
The global battery management system market attained a value of approximately USD 5 billion in 2020. The market is further expected to grow in the forecast period of 2022-2027 at a CAGR of about 20% to reach a value of nearly USD 15 billion by 2026.
The market is being driven by the reducing prices of photovoltaic cells as well as solar prices and also the favourable government subsidies to use renewable energy. The Asia Pacific is the leading region for the battery management system market.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Properties and Applications
A battery management system (BMS) refers to an electronic regulatory system that monitors as well as controls battery charging and unloading. Different types of battery management systems are used in most rechargeable battery devices. They are also common in data centres where servers are held online by UPS (uninterruptible power supplies). Cars have battery management systems, particularly electric cars, and so do regular portable devices such as MP3 and smartphones.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Based on the battery type, the market can be divided into the following:
- Lithium-Ion–Based Batteries
- Advanced Lead-Acid Batteries
- Flow Batteries
- Nickel-Based Batteries
- Others
On the basis of component, the market can be divided into hardware and software.
Hardware is further divided as follows:
- Battery Control Unit
- Power Management IC
- Communication Channel
Based on topology, the market can be segmented into:
- Centralised
- Modular
- Distributed
The market can be broadly categorised based on its application sectors into:
- Automotive
- Military
- Medical
- Portable Device
- Telecommunication
- Renewable Energy System
- Uninterrupted Power Supply (UPS)
- Others
The automotive segment can be further divided into electric vehicles, e-bikes, and automated guided vehicles. Portable devices are further segmented into consumer electronics, portable power tools, and portable batteries
The EMR report looks into the regional markets of battery management system like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Market Analysis
The market is being driven by the rising global adoption of electric vehicles and electric hybrids, as a result of the strict policies implemented to reduce greenhouse gas (GHG) emissions, such as the Kyoto protocol. EVs employ a lithium-ion technology with higher energy densities, lower masses, and longer battery life. The battery management system market is expected to be boosted by the rising demand for lithium-ion battery.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global battery management system market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Lithium Werks B.V.
- Renesas Electronics Corporation
- Analog Devices, Inc.
- Nuvation Energy
- Sensata Technologies, Inc.
- NXP Semiconductors N.V. (NASDAQ: NXPI)
- Johnson Matthey Plc
- Others
The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Component, Topology, Application, Region |
| Breakup by Type | Lithium-Ion–Based Batteries, Advanced Lead-Acid Batteries, Flow Batteries, Nickel-Based Batteries, Others |
| Breakup by Component | Hardware, Software |
| Breakup by Topology | Centralised, Modular, Distributed |
| Breakup by Application | Automotive, Military, Medical, Portable Device, Telecommunication, Renewable Energy System, Uninterrupted Power Supply (UPS), Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Lithium Werks B.V., Renesas Electronics Corporation, Analog Devices, Inc., Nuvation Energy, Sensata Technologies, Inc., NXP Semiconductors N.V. (NASDAQ: NXPI), Johnson Matthey Plc, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Battery Management System Market Analysis
8.1 Key Industry Highlights
8.2 Global Battery Management System Historical Market (2017-2021)
8.3 Global Battery Management System Market Forecast (2022-2027)
8.4 Global Battery Management System Market by Type
8.4.1 Lithium-Ion–Based Batteries
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Advanced Lead-Acid Batteries
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Flow Batteries
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2017-2021)
8.4.3.3 Forecast Trend (2022-2027)
8.4.4 Nickel-Based Batteries
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2017-2021)
8.4.4.3 Forecast Trend (2022-2027)
8.4.5 Others
8.5 Global Battery Management System Market by Component
8.5.1 Hardware
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.1.4 Breakup by Type
8.5.1.4.1 Battery Control Unit
8.5.1.4.2 Power Management IC
8.5.1.4.3 Communication Channel
8.5.2 Software
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.6 Global Battery Management System Market by Topology
8.6.1 Centralised
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2017-2021)
8.6.1.3 Forecast Trend (2022-2027)
8.6.2 Modular
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2017-2021)
8.6.2.3 Forecast Trend (2022-2027)
8.6.3 Distributed
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2017-2021)
8.6.3.3 Forecast Trend (2022-2027)
8.7 Global Battery Management System Market by Application
8.7.1 Automotive
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2017-2021)
8.7.1.3 Forecast Trend (2022-2027)
8.7.1.4 Breakup by Type
8.7.1.4.1 Electric Vehicles
8.7.1.4.2 E-Bikes
8.7.1.4.3 Automated Guided Vehicles
8.7.2 Military
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2017-2021)
8.7.2.3 Forecast Trend (2022-2027)
8.7.3 Medical
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2017-2021)
8.7.3.3 Forecast Trend (2022-2027)
8.7.4 Portable Device
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2017-2021)
8.7.4.3 Forecast Trend (2022-2027)
8.7.4.4 Breakup by Type
8.7.4.4.1 Consumer Electronics
8.7.4.4.2 Portable Power Tools
8.7.4.4.3 Portables Batteries
8.7.5 Telecommunication
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2017-2021)
8.7.5.3 Forecast Trend (2022-2027)
8.7.6 Renewable Energy System
8.7.6.1 Market Share
8.7.6.2 Historical Trend (2017-2021)
8.7.6.3 Forecast Trend (2022-2027)
8.7.7 Uninterrupted Power Supply (UPS)
8.7.7.1 Market Share
8.7.7.2 Historical Trend (2017-2021)
8.7.7.3 Forecast Trend (2022-2027)
8.7.8 Others
8.8 Global Battery Management System Market by Region
8.8.1 Market Share
8.8.1.1 North America
8.8.1.2 Europe
8.8.1.3 Asia Pacific
8.8.1.4 Latin America
8.8.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Spain
9.2.3.6 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Lithium Werks B.V.
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Renesas Electronics Corporation
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Analog Devices, Inc.
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Nuvation Energy
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Sensata Technologies, Inc.
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 NXP Semiconductors N.V. (NASDAQ: NXPI)
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Johnson Matthey Plc
12.2.7.1 Company Overview
12.2.7.2 Product Portfolio
12.2.7.3 Demographic Reach and Achievements
12.2.7.4 Certifications
12.2.8 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Battery Management System Market: Key Industry Highlights, 2016 and 2026
2. Global Battery Management System Historical Market: Breakup by Type (USD Billion), 2017-2021
3. Global Battery Management System Market Forecast: Breakup by Type (USD Billion), 2022-2027
4. Global Battery Management System Historical Market: Breakup by Component (USD Billion), 2017-2021
5. Global Battery Management System Market Forecast: Breakup by Component (USD Billion), 2022-2027
6. Global Battery Management System Historical Market: Breakup by Topology (USD Billion), 2017-2021
7. Global Battery Management System Market Forecast: Breakup by Topology (USD Billion), 2022-2027
8. Global Battery Management System Historical Market: Breakup by Application (USD Billion), 2017-2021
9. Global Battery Management System Market Forecast: Breakup by Application (USD Billion), 2022-2027
10. Global Battery Management System Historical Market: Breakup by Region (USD Billion), 2017-2021
11. Global Battery Management System Market Forecast: Breakup by Region (USD Billion), 2022-2027
12. North America Battery Management System Historical Market: Breakup by Country (USD Billion), 2017-2021
13. North America Battery Management System Market Forecast: Breakup by Country (USD Billion), 2022-2027
14. Europe Battery Management System Historical Market: Breakup by Country (USD Billion), 2017-2021
15. Europe Battery Management System Market Forecast: Breakup by Country (USD Billion), 2022-2027
16. Asia Pacific Battery Management System Historical Market: Breakup by Country (USD Billion), 2017-2021
17. Asia Pacific Battery Management System Market Forecast: Breakup by Country (USD Billion), 2022-2027
18. Latin America Battery Management System Historical Market: Breakup by Country (USD Billion), 2017-2021
19. Latin America Battery Management System Market Forecast: Breakup by Country (USD Billion), 2022-2027
20. Middle East and Africa Battery Management System Historical Market: Breakup by Country (USD Billion), 2017-2021
21. Middle East and Africa Battery Management System Market Forecast: Breakup by Country (USD Billion), 2022-2027
22. Global Battery Management System Market Structure
Key Questions Answered in the Report
In 2020, the global battery management system market attained a value of nearly USD 5 billion.
The market is projected to grow at a CAGR of 20% between 2022 and 2027.
The major drivers of the market include the rising global adoption of electric vehicles and electric hybrids, rising demand for lithium-ion battery, need for effective electric grid management, increasing number of stringent policies aimed at implementing greenhouse gas emissions, and increasing investments from the public and private sector.
The reducing prices of photovoltaic cells, as well as solar prices and the favourable government subsidies to use renewable energy are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Based on type, the market can be divided into lithium-ion–based batteries, advanced lead-acid batteries, flow batteries, and nickel-based batteries, among others.
Hardware and software are the two components in the market. Hardware is further divided as the battery control unit, power management IC, and communication channel.
Based on topology, the market can be segmented into centralised, modular, and distributed.
The market can be broadly categorised based on its application sectors into automotive, military, medical, portable device, telecommunication, renewable energy system, and uninterrupted power supply (UPS), among others. The automotive segment can be further divided into electric vehicles, e-bikes, and automated guided vehicles while portable devices are further segmented into consumer electronics, portable power tools, and portable batteries.
The major players in the industry are Lithium Werks B.V., Renesas Electronics Corporation, Analog Devices, Inc., Nuvation Energy, Sensata Technologies, Inc., NXP Semiconductors N.V., and Johnson Matthey Plc, among others.
Analyst Review
The global battery management system market attained a value of nearly USD 5 billion in 2020, driven by the reducing prices of photovoltaic cells, and solar prices. Aided by rising global adoption of electric vehicles and electric hybrids and favourable government subsidies to use renewable energy, the market is expected to witness further growth in the forecast period of 2022-2027, growing at a CAGR of 20%.
EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on type, the market can be divided into lithium-ion–based batteries, advanced lead-acid batteries, flow batteries, and nickel-based batteries, among others. Hardware and software are the two components in the market. Hardware is further divided as the battery control unit, power management IC, and communication channel. Based on topology, the market can be segmented into centralised, modular, and distributed. The market can be broadly categorised based on its application sectors into automotive, military, medical, portable device, telecommunication, renewable energy system, and uninterrupted power supply (UPS), among others. The automotive segment can be further divided into electric vehicles, e-bikes, and automated guided vehicles while portable devices are further segmented into consumer electronics, portable power tools, and portable batteries. The major regional markets for battery management system market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The major players in the industry are Lithium Werks B.V., Renesas Electronics Corporation, Analog Devices, Inc., Nuvation Energy, Sensata Technologies, Inc., NXP Semiconductors N.V., and Johnson Matthey Plc, among others.
EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.
Purchase Options
Call us on
Purchase Full Report
Mini Report
$1499
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateSingle User License
$2699-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateFive User License
$3699-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$4699-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Contact AnalystAny Question? Speak With An Analyst
Request SampleView A Sample
Request CustomisationDid You Miss Anything, Ask Now
Why Expert Market Research?Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
Similar Reports
The global cylindrical lithium-ion battery market attained a value of nearly USD 47.21 billion, driven by the rapid growth in the sale of plug-in hybrid electric vehicles (PHEVs). Aided by the favoura...
The global alkaline battery market is being driven by the rising purchasing power of consumers and increasing public spending on electronic gadgets. Aided by the changing preference of manufacturers f...
The global 3D printed battery market attained a value of USD 18.7 billion in 2020, driven by the increasing number of small battery-operated customer electronics. Aided by expanding industrialisation ...
The global electric vehicle battery market attained a value of USD 38.0 billion in 2020, driven by the increased demand for electric vehicles. Aided by the favourable government policies, the market i...
The global marine battery market attained a value of nearly USD 392.45 million in 2020, driven by the increasing demand for lithium batteries. Aided by the growing demand for fully electric ships owin...
NEWSLETTER