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Battery Management-Global Market Insights and Sales Trends 2024
Synopsis
A battery management system (BMS) is any 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 global Battery Management market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Battery Management in various end use industries. The expanding demands from the Vehicle Applications and Stationary Batteries, are propelling Battery Management market. Centralized BMS, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Distributed BMS segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Battery Management market, driven by demand from China, the second largest economy with some signs of stabilising, the Battery Management market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Battery Management, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Battery Management market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Battery Management market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Battery Management sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Battery Management covered in this report include Valence Technology, Inc, Texas Instruments, Inc, NXP Semiconductor, Lithium Balance A/S, Analog Devices Corporation, Johnson Matthey PLC, Elithion, Inc, Vecture, Inc and Ventec SAS, etc.
The global Battery Management market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Valence Technology, Inc
Texas Instruments, Inc
NXP Semiconductor
Lithium Balance A/S
Analog Devices Corporation
Johnson Matthey PLC
Elithion, Inc
Vecture, Inc
Ventec SAS
Nuvation Engineering
Global Battery Management market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Battery Management market, Segment by Type:
Centralized BMS
Distributed BMS
Modular BMS
Global Battery Management market, by Application
Vehicle Applications
Stationary Batteries
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Battery Management companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
A battery management system (BMS) is any 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 global Battery Management market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Battery Management in various end use industries. The expanding demands from the Vehicle Applications and Stationary Batteries, are propelling Battery Management market. Centralized BMS, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Distributed BMS segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Battery Management market, driven by demand from China, the second largest economy with some signs of stabilising, the Battery Management market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Battery Management, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Battery Management market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Battery Management market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Battery Management sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Battery Management covered in this report include Valence Technology, Inc, Texas Instruments, Inc, NXP Semiconductor, Lithium Balance A/S, Analog Devices Corporation, Johnson Matthey PLC, Elithion, Inc, Vecture, Inc and Ventec SAS, etc.
The global Battery Management market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Valence Technology, Inc
Texas Instruments, Inc
NXP Semiconductor
Lithium Balance A/S
Analog Devices Corporation
Johnson Matthey PLC
Elithion, Inc
Vecture, Inc
Ventec SAS
Nuvation Engineering
Global Battery Management market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Battery Management market, Segment by Type:
Centralized BMS
Distributed BMS
Modular BMS
Global Battery Management market, by Application
Vehicle Applications
Stationary Batteries
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Battery Management companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Battery Management
1.1 Battery Management Market Overview
1.1.1 Battery Management Product Scope
1.1.2 Battery Management Market Status and Outlook
1.2 Global Battery Management Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Battery Management Market Size by Region (2018-2029)
1.4 Global Battery Management Historic Market Size by Region (2018-2023)
1.5 Global Battery Management Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Battery Management Market Size (2018-2029)
1.6.1 North America Battery Management Market Size (2018-2029)
1.6.2 Europe Battery Management Market Size (2018-2029)
1.6.3 Asia-Pacific Battery Management Market Size (2018-2029)
1.6.4 Latin America Battery Management Market Size (2018-2029)
1.6.5 Middle East & Africa Battery Management Market Size (2018-2029)
2 Battery Management Market by Type
2.1 Introduction
2.1.1 Centralized BMS
2.1.2 Distributed BMS
2.1.3 Modular BMS
2.2 Global Battery Management Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Battery Management Historic Market Size by Type (2018-2023)
2.2.2 Global Battery Management Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Battery Management Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Battery Management Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Battery Management Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Battery Management Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Battery Management Revenue Breakdown by Type (2018-2029)
3 Battery Management Market Overview by Application
3.1 Introduction
3.1.1 Vehicle Applications
3.1.2 Stationary Batteries
3.2 Global Battery Management Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Battery Management Historic Market Size by Application (2018-2023)
3.2.2 Global Battery Management Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Battery Management Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Battery Management Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Battery Management Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Battery Management Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Battery Management Revenue Breakdown by Application (2018-2029)
4 Battery Management Competition Analysis by Players
4.1 Global Battery Management Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Battery Management as of 2022)
4.3 Date of Key Players Enter into Battery Management Market
4.4 Global Top Players Battery Management Headquarters and Area Served
4.5 Key Players Battery Management Product Solution and Service
4.6 Competitive Status
4.6.1 Battery Management Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Valence Technology, Inc
5.1.1 Valence Technology, Inc Profile
5.1.2 Valence Technology, Inc Main Business
5.1.3 Valence Technology, Inc Battery Management Products, Services and Solutions
5.1.4 Valence Technology, Inc Battery Management Revenue (US$ Million) & (2018-2023)
5.1.5 Valence Technology, Inc Recent Developments
5.2 Texas Instruments, Inc
5.2.1 Texas Instruments, Inc Profile
5.2.2 Texas Instruments, Inc Main Business
5.2.3 Texas Instruments, Inc Battery Management Products, Services and Solutions
5.2.4 Texas Instruments, Inc Battery Management Revenue (US$ Million) & (2018-2023)
5.2.5 Texas Instruments, Inc Recent Developments
5.3 NXP Semiconductor
5.3.1 NXP Semiconductor Profile
5.3.2 NXP Semiconductor Main Business
5.3.3 NXP Semiconductor Battery Management Products, Services and Solutions
5.3.4 NXP Semiconductor Battery Management Revenue (US$ Million) & (2018-2023)
5.3.5 Lithium Balance A/S Recent Developments
5.4 Lithium Balance A/S
5.4.1 Lithium Balance A/S Profile
5.4.2 Lithium Balance A/S Main Business
5.4.3 Lithium Balance A/S Battery Management Products, Services and Solutions
5.4.4 Lithium Balance A/S Battery Management Revenue (US$ Million) & (2018-2023)
5.4.5 Lithium Balance A/S Recent Developments
5.5 Analog Devices Corporation
5.5.1 Analog Devices Corporation Profile
5.5.2 Analog Devices Corporation Main Business
5.5.3 Analog Devices Corporation Battery Management Products, Services and Solutions
5.5.4 Analog Devices Corporation Battery Management Revenue (US$ Million) & (2018-2023)
5.5.5 Analog Devices Corporation Recent Developments
5.6 Johnson Matthey PLC
5.6.1 Johnson Matthey PLC Profile
5.6.2 Johnson Matthey PLC Main Business
5.6.3 Johnson Matthey PLC Battery Management Products, Services and Solutions
5.6.4 Johnson Matthey PLC Battery Management Revenue (US$ Million) & (2018-2023)
5.6.5 Johnson Matthey PLC Recent Developments
5.7 Elithion, Inc
5.7.1 Elithion, Inc Profile
5.7.2 Elithion, Inc Main Business
5.7.3 Elithion, Inc Battery Management Products, Services and Solutions
5.7.4 Elithion, Inc Battery Management Revenue (US$ Million) & (2018-2023)
5.7.5 Elithion, Inc Recent Developments
5.8 Vecture, Inc
5.8.1 Vecture, Inc Profile
5.8.2 Vecture, Inc Main Business
5.8.3 Vecture, Inc Battery Management Products, Services and Solutions
5.8.4 Vecture, Inc Battery Management Revenue (US$ Million) & (2018-2023)
5.8.5 Vecture, Inc Recent Developments
5.9 Ventec SAS
5.9.1 Ventec SAS Profile
5.9.2 Ventec SAS Main Business
5.9.3 Ventec SAS Battery Management Products, Services and Solutions
5.9.4 Ventec SAS Battery Management Revenue (US$ Million) & (2018-2023)
5.9.5 Ventec SAS Recent Developments
5.10 Nuvation Engineering
5.10.1 Nuvation Engineering Profile
5.10.2 Nuvation Engineering Main Business
5.10.3 Nuvation Engineering Battery Management Products, Services and Solutions
5.10.4 Nuvation Engineering Battery Management Revenue (US$ Million) & (2018-2023)
5.10.5 Nuvation Engineering Recent Developments
6 North America
6.1 North America Battery Management Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Battery Management Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Battery Management Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Battery Management Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Battery Management Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Battery Management Market Dynamics
11.1 Battery Management Industry Trends
11.2 Battery Management Market Drivers
11.3 Battery Management Market Challenges
11.4 Battery Management Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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