Global Battery Management System Market, By Battery Type By Topology By Type By Component By Application, By Region, Competition Forecast & Opportunities, 2027

Description

The global battery management system market is expected to grow at a formidable rate during the forecast period, 2023-2027. The market is driven by the surge in the adoption of electric and hybrid vehicles and favorable government policies promoting alternate vehicle technology in their respective countries. Massive demand for rechargeable batteries across various end-user verticals and the advent of cloud-based battery management systems are further expected to propel the growth of the global battery management system market in the coming years. However, the rise in the price of automobiles due to the addition of battery management systems may hinder the market growth in the forecast period.

The global battery management system market is segmented into battery type, topology, type, component, application, regional distribution, and competitive landscape. Based on regional analysis, Europe is expected to witness the fastest incremental growth in the forecast period, 2023-2027. The flourishing automotive industry and the presence of prominent battery manufacturers in the region are driving the growth of the global battery management system market in the region.

Major players operating in the global battery management system market are Linear Technology Corporation, Lithium Balance A/S, Johnson Matthey PLC, Elithion, Inc., AVL List, Toshiba, Panasonic, Texas Instruments, Inc., Valence Technology, Inc., and Ventec SAS.

Objective of the Study:

To analyze the historical growth in the market size of global battery management system market from 2017 to 2021.
To estimate and forecast the market size of global battery management system market from 2023 to 2027 and growth rate until 2027.
To classify and forecast global battery management system market based on battery type, topology, type, component, application, region, and company.
To identify dominant region or segment in the global battery management system market.
To identify drivers and challenges for global battery management system market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global battery management system market.
To identify and analyze the profile of leading players operating in global battery management system market.
To identify key sustainable strategies adopted by market players in global battery management system market.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of global battery management system market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

Battery management system manufacturing companies
Market research and consulting firms
Government bodies such as regulating authorities and policy makers
Organizations, forums, and alliances related to battery management system market

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, global battery management system market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Global Battery Management System Market, By Battery Type:

Lithium-Ion

Lead-Acid

Nickel based

Others

Global Battery Management System Market, By Topology:

Centralized

Distributed

Modular

Global Battery Management System Market, By Type:

Stationary Battery

Motive Battery

Global Battery Management System Market, By Component:

Hardware

Software

Global Battery Management System Market, By Application:

Automotive

UPS

Telecommunications

Renewable Energy Systems

Military

Others

Global Battery Management System Market, By Region:

North America

United States
Canada
Mexico

Europe

United Kingdom
Germany
France
Spain
Italy
Russia
Turkey

Asia-Pacific

India
China
Japan
South Korea
Thailand

Middle East & Africa

UAE
Saudi Arabia
South Africa

South America

Brazil
Argentina
Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global battery management system market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

1. Product Overview

2. Research Methodology

3. Executive Summary

4. Impact of COVID-19 on Global Battery Management System Market

5. Voice of Customer

6. Global Battery Management System Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value and Volume
6.2. Market Share & Forecast
- 6.2.1. By Battery Type (Lithium-Ion, Lead-Acid, Nickel based, Others)
- 6.2.2. By Topology (Centralized, Distributed, Modular)
- 6.2.3. By Type (Stationary Battery, Motive Battery)
- 6.2.4. By Component (Hardware, Software)
- 6.2.5. By Application (Automotive, UPS, Telecommunications, Renewable Energy Systems, Military and Others)
- 6.2.6. By Region (North America; Europe; Asia Pacific; South America and Middle East & Africa)
- 6.2.7. By Company (2021)
6.3. Product Market Map (By Vehicle Type, By Equipment Type, By Material, By Region)

7. North America Battery Management System Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value and Volume
7.2. Market Share & Forecast
- 7.2.1. By Battery Type
- 7.2.2. By Topology
- 7.2.3. By Type
- 7.2.4. By Component
- 7.2.5. By Application
- 7.2.6. By Country (United States; Canada; Mexico)
7.3. Product Market Map (By Vehicle Type, By Equipment Type, By Material, By Country)
7.4. North America: Country Analysis
- 7.4.1. United States Battery Management System Market Outlook
  - 7.4.1.1. Market Size & Forecast
    - 7.4.1.1.1. By Value and Volume
  - 7.4.1.2. Market Share & Forecast
    - 7.4.1.2.1. By Battery Type
    - 7.4.1.2.2. By Topology
    - 7.4.1.2.3. By Type
    - 7.4.1.2.4. By Component
    - 7.4.1.2.5. By Application
- 7.4.2. Canada Battery Management System Market Outlook
  - 7.4.2.1. Market Size & Forecast
    - 7.4.2.1.1. By Value and Volume
  - 7.4.2.2. Market Share & Forecast
    - 7.4.2.2.1. By Battery Type
    - 7.4.2.2.2. By Topology
    - 7.4.2.2.3. By Type
    - 7.4.2.2.4. By Component
    - 7.4.2.2.5. By Application
- 7.4.3. Mexico Battery Management System Market Outlook
  - 7.4.3.1. Market Size & Forecast
    - 7.4.3.1.1. By Value and Volume
  - 7.4.3.2. Market Share & Forecast
    - 7.4.3.2.1. By Battery Type
    - 7.4.3.2.2. By Topology
    - 7.4.3.2.3. By Type
    - 7.4.3.2.4. By Component
    - 7.4.3.2.5. By Application

8. Asia Pacific Battery Management System Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value and Volume
8.2. Market Share & Forecast
- 8.2.1. By Battery Type
- 8.2.2. By Topology
- 8.2.3. By Type
- 8.2.4. By Component
- 8.2.5. By Application
- 8.2.6. By Country (China; India; Japan; South Korea; Thailand and Rest of Asia Pacific)
8.3. Product Market Map (By Vehicle Type, By Equipment Type, By Material, By Country)
8.4. Asia Pacific: Country Analysis
- 8.4.1. China Battery Management System Market Outlook
  - 8.4.1.1. Market Size & Forecast
    - 8.4.1.1.1. By Value and Volume
  - 8.4.1.2. Market Share & Forecast
    - 8.4.1.2.1. By Battery Type
    - 8.4.1.2.2. By Topology
    - 8.4.1.2.3. By Type
    - 8.4.1.2.4. By Component
    - 8.4.1.2.5. By Application
- 8.4.2. India Battery Management System Market Outlook
  - 8.4.2.1. Market Size & Forecast
    - 8.4.2.1.1. By Value and Volume
  - 8.4.2.2. Market Share & Forecast
    - 8.4.2.2.1. By Battery Type
    - 8.4.2.2.2. By Topology
    - 8.4.2.2.3. By Type
    - 8.4.2.2.4. By Component
    - 8.4.2.2.5. By Application
- 8.4.3. Japan Battery Management System Market Outlook
  - 8.4.3.1. Market Size & Forecast
    - 8.4.3.1.1. By Value and Volume
  - 8.4.3.2. Market Share & Forecast
    - 8.4.3.2.1. By Battery Type
    - 8.4.3.2.2. By Topology
    - 8.4.3.2.3. By Type
    - 8.4.3.2.4. By Component
    - 8.4.3.2.5. By Application
- 8.4.4. South Korea Battery Management System Market Outlook
  - 8.4.4.1. Market Size & Forecast
    - 8.4.4.1.1. By Value and Volume
  - 8.4.4.2. Market Share & Forecast
    - 8.4.4.2.1. By Battery Type
    - 8.4.4.2.2. By Topology
    - 8.4.4.2.3. By Type
    - 8.4.4.2.4. By Component
    - 8.4.4.2.5. By Application
- 8.4.5. Thailand Battery Management System Market Outlook
  - 8.4.5.1. Market Size & Forecast
    - 8.4.5.1.1. By Value and Volume
  - 8.4.5.2. Market Share & Forecast
    - 8.4.5.2.1. By Battery Type
    - 8.4.5.2.2. By Topology
    - 8.4.5.2.3. By Type
    - 8.4.5.2.4. By Component
    - 8.4.5.2.5. By Application

9. Europe Battery Management System Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value and Volume
9.2. Market Share & Forecast
- 9.2.1. By Battery Type
- 9.2.2. By Topology
- 9.2.3. By Type
- 9.2.4. By Component
- 9.2.5. By Application
- 9.2.6. By Country (Germany; France; United Kingdom; Spain; Italy; Russia; Turkey and Rest of Europe)
9.3. Product Market Map (By Vehicle Type, By Equipment Type, By Material, By Country)
9.4. Europe: Country Analysis
- 9.4.1. Germany Battery Management System Market Outlook
  - 9.4.1.1. Market Size & Forecast
    - 9.4.1.1.1. By Value and Volume
  - 9.4.1.2. Market Share & Forecast
    - 9.4.1.2.1. By Battery Type
    - 9.4.1.2.2. By Topology
    - 9.4.1.2.3. By Type
    - 9.4.1.2.4. By Component
    - 9.4.1.2.5. By Application
- 9.4.2. France Battery Management System Market Outlook
  - 9.4.2.1. Market Size & Forecast
    - 9.4.2.1.1. By Value and Volume
  - 9.4.2.2. Market Share & Forecast
    - 9.4.2.2.1. By Battery Type
    - 9.4.2.2.2. By Topology
    - 9.4.2.2.3. By Type
    - 9.4.2.2.4. By Component
    - 9.4.2.2.5. By Application
- 9.4.3. United Kingdom Battery Management System Market Outlook
  - 9.4.3.1. Market Size & Forecast
    - 9.4.3.1.1. By Value and Volume
  - 9.4.3.2. Market Share & Forecast
    - 9.4.3.2.1. By Battery Type
    - 9.4.3.2.2. By Topology
    - 9.4.3.2.3. By Type
    - 9.4.3.2.4. By Component
    - 9.4.3.2.5. By Application
- 9.4.4. Spain Battery Management System Market Outlook
  - 9.4.4.1. Market Size & Forecast
    - 9.4.4.1.1. By Value and Volume
  - 9.4.4.2. Market Share & Forecast
    - 9.4.4.2.1. By Battery Type
    - 9.4.4.2.2. By Topology
    - 9.4.4.2.3. By Type
    - 9.4.4.2.4. By Component
    - 9.4.4.2.5. By Application
- 9.4.5. Italy Battery Management System Market Outlook
  - 9.4.5.1. Market Size & Forecast
    - 9.4.5.1.1. By Value and Volume
  - 9.4.5.2. Market Share & Forecast
    - 9.4.5.2.1. By Battery Type
    - 9.4.5.2.2. By Topology
    - 9.4.5.2.3. By Type
    - 9.4.5.2.4. By Component
    - 9.4.5.2.5. By Application
- 9.4.6. Russia Battery Management System Market Outlook
  - 9.4.6.1. Market Size & Forecast
    - 9.4.6.1.1. By Value and Volume
  - 9.4.6.2. Market Share & Forecast
    - 9.4.6.2.1. By Battery Type
    - 9.4.6.2.2. By Topology
    - 9.4.6.2.3. By Type
    - 9.4.6.2.4. By Component
    - 9.4.6.2.5. By Application
- 9.4.7. Turkey Battery Management System Market Outlook
  - 9.4.7.1. Market Size & Forecast
    - 9.4.7.1.1. By Value and Volume
  - 9.4.7.2. Market Share & Forecast
    - 9.4.7.2.1. By Battery Type
    - 9.4.7.2.2. By Topology
    - 9.4.7.2.3. By Type
    - 9.4.7.2.4. By Component
    - 9.4.7.2.5. By Application

10. South America Battery Management System Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value and Volume
10.2. Market Share & Forecast
- 10.2.1. By Battery Type
- 10.2.2. By Topology
- 10.2.3. By Type
- 10.2.4. By Component
- 10.2.5. By Application
- 10.2.6. By Country (Brazil; Argentina; Colombia and Rest of South America)
10.3. Product Market Map (By Vehicle Type, By Equipment Type, By Material, By Country)
10.4. South America: Country Analysis
- 10.4.1. Brazil Battery Management System Market Outlook
  - 10.4.1.1. Market Size & Forecast
    - 10.4.1.1.1. By Value and Volume
  - 10.4.1.2. Market Share & Forecast
    - 10.4.1.2.1. By Battery Type
    - 10.4.1.2.2. By Topology
    - 10.4.1.2.3. By Type
    - 10.4.1.2.4. By Component
    - 10.4.1.2.5. By Application
- 10.4.2. Argentina Battery Management System Market Outlook
  - 10.4.2.1. Market Size & Forecast
    - 10.4.2.1.1. By Value and Volume
  - 10.4.2.2. Market Share & Forecast
    - 10.4.2.2.1. By Battery Type
    - 10.4.2.2.2. By Topology
    - 10.4.2.2.3. By Type
    - 10.4.2.2.4. By Component
    - 10.4.2.2.5. By Application
- 10.4.3. Colombia Battery Management System Market Outlook
  - 10.4.3.1. Market Size & Forecast
    - 10.4.3.1.1. By Value and Volume
  - 10.4.3.2. Market Share & Forecast
    - 10.4.3.2.1. By Battery Type
    - 10.4.3.2.2. By Topology
    - 10.4.3.2.3. By Type
    - 10.4.3.2.4. By Component
    - 10.4.3.2.5. By Application

11. Middle East and Africa Battery Management System Market Outlook

11.1. Market Size & Forecast
- 11.1.1. By Value and Volume
11.2. Market Share & Forecast
- 11.2.1. By Battery Type
- 11.2.2. By Topology
- 11.2.3. By Type
- 11.2.4. By Component
- 11.2.5. By Application
- 11.2.6. By Country (South Africa; UAE; Saudi Arabia and Rest of Middle East and Africa)
11.3. Product Market Map (By Vehicle Type, By Equipment Type, By Material, By Country)
11.4. Middle East and Africa: Country Analysis
- 11.4.1. South Africa Battery Management System Market Outlook
  - 11.4.1.1. Market Size & Forecast
    - 11.4.1.1.1. By Value and Volume
  - 11.4.1.2. Market Share & Forecast
    - 11.4.1.2.1. By Battery Type
    - 11.4.1.2.2. By Topology
    - 11.4.1.2.3. By Type
    - 11.4.1.2.4. By Component
    - 11.4.1.2.5. By Application
- 11.4.2. UAE Battery Management System Market Outlook
  - 11.4.2.1. Market Size & Forecast
    - 11.4.2.1.1. By Value and Volume
  - 11.4.2.2. Market Share & Forecast
    - 11.4.2.2.1. By Battery Type
    - 11.4.2.2.2. By Topology
    - 11.4.2.2.3. By Type
    - 11.4.2.2.4. By Component
    - 11.4.2.2.5. By Application
- 11.4.3. Saudi Arabia Battery Management System Market Outlook
  - 11.4.3.1. Market Size & Forecast
    - 11.4.3.1.1. By Value and Volume
  - 11.4.3.2. Market Share & Forecast
    - 11.4.3.2.1. By Battery Type
    - 11.4.3.2.2. By Topology
    - 11.4.3.2.3. By Type
    - 11.4.3.2.4. By Component
    - 11.4.3.2.5. By Application

12. Market Dynamics

12.1. Drivers
12.2. Challenges

13. Market Trends & Developments

14. Competitive Landscape

14.1. Competition Outlook
14.2. Company Profiles (Partial List of Leading Companies)
- 14.2.1. Linear Technology Corporation
- 14.2.2. Lithium Balance A/S
- 14.2.3. Johnson Matthey PLC
- 14.2.4. Elithion, Inc.
- 14.2.5. AVL List
- 14.2.6. Toshiba
- 14.2.7. Panasonic
- 14.2.8. Texas Instruments, Inc.
- 14.2.9. Valence Technology, Inc.
- 14.2.10. Ventec SAS