PUBLISHER: The Business Research Company | PRODUCT CODE: 1872811
PUBLISHER: The Business Research Company | PRODUCT CODE: 1872811
A battery safety-monitoring system is an integrated solution designed to continuously track the health, performance, and safety of a battery pack. Its primary function is to identify abnormal conditions such as overvoltage, overcurrent, overheating, or short circuits and to initiate protective measures to prevent battery damage, fire, or failure. It ensures safe operation, prolongs battery life, and improves reliability.
The main components of a battery safety-monitoring system include hardware, software, and services. Hardware refers to the physical electronic elements, such as sensors, protection circuits, controllers, and integrated circuits, that monitor, manage, and safeguard batteries against overcharge, overdischarge, overheating, and other hazardous conditions. It is widely used with various battery types, including lithium-ion, lead-acid, nickel-based, flow batteries, and others, with applications in automotive, energy storage systems, consumer electronics, industrial, aerospace and defense, and more, serving end-users such as original equipment manufacturers (OEMs), aftermarket providers, utilities, and others.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The rapid rise in U.S. tariffs and the subsequent trade frictions in spring 2025 are having a major impact on the electrical and electronics sector, with semiconductors, display panels, and rare-earth metals (essential for batteries and motors) subject to steep duties. Consumer electronics brands face profit erosion, as competitive markets limit their ability to pass costs to buyers. Industrial electronics manufacturers, meanwhile, grapple with delayed projects due to shortages of tariff-impacted components like printed circuit boards. Companies are responding by relocating assembly to tariff-exempt countries, increasing inventory buffers, and redesigning products to reduce dependency on restricted materials.
The battery safety-monitoring system market research report is one of a series of new reports from The Business Research Company that provides battery safety-monitoring system market statistics, including battery safety-monitoring system industry global market size, regional shares, competitors with a battery safety-monitoring system market share, detailed battery safety-monitoring system market segments, market trends and opportunities, and any further data you may need to thrive in the battery safety-monitoring system industry. This battery safety-monitoring system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The battery safety-monitoring system market size has grown rapidly in recent years. It will grow from $1.37 billion in 2024 to $1.58 billion in 2025 at a compound annual growth rate (CAGR) of 14.7%. The growth during the historic period can be attributed to increasing adoption of electric vehicles, rising demand for renewable energy storage systems, expanding industrial automation activities, tightening safety regulations for energy storage, and growing production of consumer electronics.
The battery safety-monitoring system market size is expected to see rapid growth in the next few years. It will grow to $2.69 billion in 2029 at a compound annual growth rate (CAGR) of 14.3%. The growth in the forecast period can be attributed to the ongoing transition toward sustainable energy infrastructure, accelerated development of smart grids, increasing government incentives for energy safety compliance, expanding adoption of electric mobility solutions, and rising demand for high-capacity energy storage in data centers. Major trends in the forecast period include advancements in real-time data analytics, integration of artificial intelligence-based predictive safety algorithms, development of cloud-connected monitoring architectures, enhancement of wireless sensor communication networks, and miniaturization of monitoring hardware components.
The growing adoption of consumer electronics is expected to drive the expansion of the battery safety-monitoring system market. Consumer electronics refers to devices designed for personal and everyday use, such as smartphones, tablets, laptops, and home entertainment systems. The rising demand for these products is primarily fueled by the increasing use of smart devices and connected technologies in daily life. Battery safety-monitoring systems play a key role in enhancing the consumer electronics ecosystem by providing real-time monitoring and protection for device batteries, ensuring greater safety and reliability. These systems reduce the risks of overheating, overcharging, or short circuits by issuing timely alerts and activating automated safeguards, ultimately improving user safety and extending the lifespan of devices. For example, in February 2024, the Japan Electronics and Information Technology Industries Association reported that consumer electronic equipment production rose to $201.91 million (¥31,685 million) in 2024, up from $149.27 million (¥23,425 million) in 2023. This surge in consumer electronics adoption is fueling the growth of the battery safety-monitoring system market.
Leading companies in the battery safety-monitoring system market are focusing on developing innovative products, such as automotive battery protection integrated circuits (ICs). These ICs are designed to monitor and manage the charge and discharge conditions of multi-cell batteries in vehicles, ensuring safe operation and preventing damage from overvoltage, undervoltage, or other malfunctions. For instance, in November 2024, ABLIC, a Japan-based manufacturer of electronic components and a group company of MinebeaMitsumi Inc., introduced the S-19193 Series. This series offers independent secondary battery monitoring that remains functional even if the primary system fails, supporting fail-operational and fail-degraded safety methodologies. Additionally, the product can operate independently without microcontroller control, simplifying design processes and minimizing the risk of simultaneous system failures.
In April 2025, Socomec SAS, a France-based electrical equipment manufacturer, acquired PowerUp Technology for an undisclosed amount. Through this acquisition, Socomec aims to strengthen its battery safety and energy management portfolio by incorporating PowerUp Technology's advanced monitoring solutions. PowerUp Technology, a France-based company, specializes in battery safety-monitoring systems.
Major players in the battery safety-monitoring system market are Panasonic Corporation, Schneider Electric SE, GE Vernova Inc., ABB Ltd., GS Yuasa Corporation, EnerSys, East Penn Manufacturing Co. Inc., Exide Industries Ltd., Leoch International Technology Limited, Luminous Power Technologies Pvt. Ltd., Saft Groupe S.A., FiamM Energy Technology S.p.A., Okaya Power Private Limited, HBL Power Systems Ltd., Tata AutoComp GY Batteries Pvt. Ltd., Socomec SAS, Eagle Eye Power Solutions LLC, Microtek International Pvt. Ltd., CSB Energy Technology Co. Ltd., and Astra International Tbk.
North America was the largest region in the battery safety-monitoring system market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in battery safety-monitoring system report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the battery safety-monitoring system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The battery safety-monitoring system market consists of revenues earned by entities by providing services such as system integration, installation and commissioning, maintenance and calibration, remote monitoring and diagnostics, technical consulting, training and support, predictive maintenance, and lifecycle management services. The market value includes the value of related goods sold by the service provider or included within the service offering. The battery safety-monitoring system market also includes sales of sensors and transducers, control units, battery management modules, communication interfaces, safety controllers, power distribution units, thermal management components, and data acquisition devices. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Battery Safety-Monitoring System Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on battery safety-monitoring system market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for battery safety-monitoring system ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The battery safety-monitoring system market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.