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Market Research Report
Automotive Battery Management System |
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Published by | Global Industry Analysts, Inc. | Product code | 897423 | ||||
Published | Content info | 96 Pages Delivery time: 1-2 business days |
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Automotive Battery Management System | ||
Published: July 1, 2020 | Content info: 96 Pages |
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Global Automotive Battery Management System Market to Reach $10.5 Billion by 2027
Amid the COVID-19 crisis, the global market for Automotive Battery Management System estimated at US$4.1 Billion in the year 2020, is projected to reach a revised size of US$10.5 Billion by 2027, growing at a CAGR of 14.1% over the period 2020-2027.
The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 13.6% CAGR
The Automotive Battery Management System market in the U.S. is estimated at US$1.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.8 Billion by the year 2027 trailing a CAGR of 13.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.5% and 12.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 10.3% CAGR.We bring years of research experience to this 7th edition of our report. The 96-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others,