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Market Research Report

Battery Management System Market, by Topologies, by Components, and by Verticals (Automotive, Telecom, Energy, Drones, Consumer/Handheld ), and by Region - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

Published by Coherent Market Insights Product code 920666
Published Content info 110 Pages
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Battery Management System Market, by Topologies, by Components, and by Verticals (Automotive, Telecom, Energy, Drones, Consumer/Handheld ), and by Region - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027
Published: December 17, 2019 Content info: 110 Pages
Description

Title:
Battery Management System (BMS) Market, by Topologies (Distributed, Modular, and Centralized), by Components (Battery Management Unit and Communication Unit), and by Verticals (Automotive (E-Vehicles (EVs, HEVs, PHEVs, BEV, Racing vehicles and Electric Heavy Vehicles), Golf Cart, Medical Mobility Vehicles, E-Recreational Vehicles and Segways), Telecom, Energy (Grid, solar, wind, portable battery packs, energy storage systems, UPS), Drones, Consumer/Handheld (Power tools, vacuum cleaners, portable medical equipment and others)), and by Region (North America, Europe, Asia Pacific, and Latin America, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027.

A battery management system (BMS) is an electronic system that maintains the optimal health of battery. This is done by monitoring battery state, controlling load environment, and balancing and charging accordingly. Moreover, battery management system several benefits such as prolonged battery life, prevention of battery damage due to voltage fluctuation and overcharging, supervising the optimal state of charging for the battery, and interfacing with the host application to deliver real-time information regarding battery health.

Increasing demand for electric vehicles in Asia Pacific region such China and India

Increasing demand for electric vehicles in emerging economies of Asia Pacific region such as China and India is expected to drive the growth of the global battery management system market over the forecast period. The battery management system offers various advantages including prolonged battery life, prevention of battery damage due to voltage fluctuation and overcharging, As per the Electric Vehicle World Sales Database, China sold around 1.3 million plug-in electric vehicles and plug-in hybrids electric vehicles in 2018, which was 62% higher than in 2017. As Evs are continuously improving and becoming more affordable, Evs are expected to account for significant market share in China by 2025. This high growth in the number of electric vehicles will create better growth opportunities for the global battery management system market in China.

However, Lack of regulated policies for developing battery management system is expected to restrain growth of the global battery management system (BMS) market over the forecast period.

Market Taxonomy:

This report segments the global battery management system market on the basis of Topologies, Components, and Verticals. On the basis of Topologies, the global battery management system market is segmented into distributed, modular, and centralized. On the basis of components, the market is segmented into battery management unit and communication unit. On the basis of verticals, the market is segmented into Automotive (E-Vehicles (Evs, HEVs, PHEVs, BEV, Racing vehicles and Electric Heavy Vehicles), Golf Cart, Medical Mobility Vehicles, E-Recreational Vehicles and Segways), Telecom, Energy (Grid, solar, wind, portable battery packs, energy storage systems, UPS), Drones, Consumer/Handheld (Power tools, vacuum cleaners, portable medical equipment and others).

Key features of the study::

  • This report provides an in-depth analysis of the global battery management system market and provides market size (US$ Million) and Compound Annual Growth Rate (CAGR %) for the forecast period (2019 - 2027), considering 2018 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
  • It profiles leading players in the global battery management system market based on the following parameters - regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study AVL, Cummins, Inc., Johnson Matthey Battery Systems, L&T Technology Services, Lithium Balance Corporation, Merlin Equipment Ltd., Navitas System, LLC, Nuvation Engineering, The Ventec Company, Toshiba Corporation, TWS (Technology with Spirit), and Vecture Inc.
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
  • The global battery management system market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global battery management system

Detailed Segmentation::

  • Global Battery Management System Market, By Topologies:
    • Distributed
    • Modular
    • Centralized
  • Global Battery Management System Market, By Components:
    • Battery Management Unit
    • Communication Unit
  • Global Battery Management System Market, By Verticals:
    • Automotive (E-Vehicles (Evs, HEVs, PHEVs, BEV, Racing vehicles and Electric Heavy Vehicles), Golf Cart, Medical Mobility Vehicles, E-Recreational Vehicles and Segways)
    • Telecom
    • Energy (Grid, solar, wind, portable battery packs, energy storage systems, UPS)
    • Drones
    • Consumer/Handheld (Power tools, vacuum cleaners, portable medical equipment and others)
  • Company Profiles
    • AVL*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Cummins, Inc.
    • Johnson Matthey Battery Systems
    • L&T Technology Services
    • Lithium Balance Corporation
    • Merlin Equipment Ltd.
    • Navitas System, LLC
    • Nuvation Engineering
    • The Ventec Company
    • Toshiba Corporation
    • TWS (Technology with Spirit)
    • Vecture Inc.
Table of Contents

Table of Contents

1. Research Objective and Assumption

  • Research Objectives
  • Assumptions
  • Abbreviations

2. Market Purview

  • Report Description
    • Market Definition and Scope
  • Executive Summary
    • Market Snippet, By Topologies
    • Market Snippet, By Components
    • Market Snippet, By Verticals
    • Market Snippet, By Region
  • Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restraints
    • Market Opportunities
    • Regulatory Scenario
    • Industry Trend
    • Merger and Acquisitions
    • New system Launch/Approvals
    • Value Chain Analysis
    • Porter's Analysis
    • PEST Analysis

4. Global Battery Management System Market, By Topologies, 2017-2027 (US$ Million)

  • Introduction
    • Market Share Analysis, 2017 and 2027 (%)
    • Segment Trends
  • Distributed
    • Introduction
    • Market Size and Forecast, 2019-2027, (US$ Million)
  • Modular
    • Introduction
    • Market Size and Forecast, 2019-2027, (US$ Million)
  • Centralized
    • Introduction
    • Market Size and Forecast, 2019-2027, (US$ Million)

5. Global Battery Management System Market, By Components, 2017-2027 (US$ Million)

  • Introduction
    • Market Share Analysis, 2017 and 2027 (%)
    • Segment Trends
  • Battery Management Unit
    • Introduction
    • Market Size and Forecast, 2019-2027, (US$ Million)
  • Communication Unit
    • Introduction
    • Market Size and Forecast, 2019-2027, (US$ Million)

6. Global Battery Management System Market, By Verticals, 2017-2027 (US$ Million)

  • Introduction
    • Market Share Analysis, 2017 and 2027 (%)
    • Segment Trends
  • Automotive (E-Vehicles (EVs, HEVs, PHEVs, BEV, Racing vehicles and Electric Heavy Vehicles), Golf Cart, Medical Mobility Vehicles, E-Recreational Vehicles and Segways)
    • Introduction
    • Market Size and Forecast, 2019-2027, (US$ Million)
  • Telecom
    • Introduction
    • Market Size and Forecast, 2019-2027, (US$ Million)
  • Energy (Grid, solar, wind, portable battery packs, energy storage systems, UPS)
    • Introduction
    • Market Size and Forecast, 2019-2027, (US$ Million)
  • Drones
    • Introduction
    • Market Size and Forecast, 2019-2027, (US$ Million)
  • Consumer/Handheld (Power tools, vacuum cleaners, portable medical equipment and others)
    • Introduction
    • Market Size and Forecast, 2019-2027, (US$ Million)

7. Global Battery Management System Market, By Region, 2017-2027 (US$ Million)

  • Introduction
    • Market Share Analysis, By Region, 2017 and 2027 (%)
  • North America
    • Regional Trends
    • Market Size and Forecast, By Topologies, 2019-2027 (US$ Million)
    • Market Size and Forecast, By Components, 2019-2027 (US$ Million)
    • Market Size and Forecast, By Verticals, 2019-2027 (US$ Million)
    • Market Share Analysis, By Country, 2019 and 2027 (%)
    • U.S.
    • Canada
  • Europe
    • Regional Trends
    • Market Size and Forecast, By Topologies, 2019-2027 (US$ Million)
    • Market Size and Forecast, By Components, 2019-2027 (US$ Million)
    • Market Size and Forecast, By Verticals, 2019-2027 (US$ Million)
    • Market Share Analysis, By Country, 2019 and 2027 (%)
    • U.K.
    • Germany
    • Italy
    • France
    • Russia
    • Rest of Europe
  • Asia Pacific
    • Regional Trends
    • Market Size and Forecast, By Topologies, 2019-2027 (US$ Million)
    • Market Size and Forecast, By Components, 2019-2027 (US$ Million)
    • Market Size and Forecast, By Verticals, 2019-2027 (US$ Million)
    • Market Share Analysis, By Country, 2019 and 2027 (%)
    • China
    • India
    • Japan
    • ASEAN
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Regional Trends
    • Market Size and Forecast, By Topologies, 2019-2027 (US$ Million)
    • Market Size and Forecast, By Components, 2019-2027 (US$ Million)
    • Market Size and Forecast, By Verticals, 2019-2027 (US$ Million)
    • Market Share Analysis, By Country, 2019 and 2027 (%)
    • Brazil
    • Argentina
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • Regional Trends
    • Market Size and Forecast, By Topologies, 2019-2027 (US$ Million)
    • Market Size and Forecast, By Components, 2019-2027 (US$ Million)
    • Market Size and Forecast, By Verticals, 2019-2027 (US$ Million)
    • Market Share Analysis, By Country, 2019 and 2027 (%)
    • GCC Countries
    • South Africa
    • Rest of the Middle East and Africa

8. Competitive Landscape

  • Company Profiles
    • AVL
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments/Updates
    • Cummins, Inc.
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments/Updates
    • Johnson Matthey Battery Systems
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments/Updates
    • L&T Technology Services
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments/Updates
    • Lithium Balance Corporation
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments/Updates
    • Merlin Equipment Ltd.
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments/Updates
    • Navitas System, LLC
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments/Updates
    • Nuvation Engineering
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments/Updates
    • The Ventec Company
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments/Updates
    • Toshiba Corporation
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments/Updates
    • TWS (Technology with Spirit)
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments/Updates
    • Vecture Inc.
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments/Updates
    • Analyst Views

9. Section

  • References
  • Research Methodology
  • About us and Sales Contact
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