The Battery Management System market research encompasses an exhaustive analysis of the market outlook, framework, and socio-economic impacts. The report covers the accurate investigation of the market size, share, product footprint, revenue, and progress rate. Driven by primary and secondary researches, the Battery Management System market study offers reliable and authentic projections regarding the technical jargon.
All the players running in the global Battery Management System market are elaborated thoroughly in the Battery Management System market report on the basis of proprietary technologies, distribution channels, industrial penetration, manufacturing processes, and revenue. In addition, the report examines R&D developments, legal policies, and strategies defining the competitiveness of the Battery Management System market players.
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covered in the report include:
- Automotive(e-Vehicles (EVs, HEVs, PHEVs, BEV, racing vehicles and electric heavy vehicles), golf cart, medical mobility vehicles, e-recreational vehicles and Segways)
- Energy(grid, solar, wind, portable battery packs, energy storage systems and UPS)
The report further analyses the market on the basis of components and presents forecast in terms of value for the next 10 years. Component types covered in the report include:
- Battery management unit
- Communication unit
The report further analyses the market on the basis of various topologies and presents forecast in terms of value for the next 10 years. The topology types covered in the report include:
The next section of the report analyses the market on the basis of various regions and presents forecast in terms of value for the next 10 years.
- Asia Pacific Excluding Japan
- Latin America
- North America
- Western Europe
- Eastern Europe
- Middle East & Africa
All the above sections, by region, by component, by vertical and by topology evaluate the present scenario and growth prospects in the battery management system market for the period 2015 –2025. We have considered 2014 as the base year, with market values estimated for 2015 and forecast developed from 2016 onwards.
The vertical ’Home Appliances‘ mainly includes BMS for UPS and invertor systems for domestic usage that provide backup for home appliances such as television, electric water heaters, room heaters, electric ovens, air conditioners and cable boxes. Various factors such as GDP, telecom tower installations, electricity net consumption, total renewable electricity net consumption, electric vehicle stock, lithium-ion market, lead-acid battery market and telecom industry growth have been considered to calculate the indicated market numbers. We have sub-segmented the component segment by ‘Battery Management Unit (BMU)’ and ‘communication channel’. BMU represents a chip or main processing component of the battery management system. A battery management unit does not include power module, charger, battery, monitor DC/DC converter or communication (we are considering communication as a separate component). To calculate market size, by topology, we have grouped verticals as follows:
- Distributed: grid, solar, wind, telecom and parts of e-vehicles
- Modular: energy storage system, industrial UPS, medical mobility vehicles, e-recreational vehicles and parts of e-vehicles, drones
- Centralised: E-bikes, Segways, portable battery packs, power tools, vacuum cleaner, garden tools, portable medical equipment, others (home appliances with high cell count and domestic UPS)
The forecast presented here assesses total volume and revenue generated by the battery management system market, by vertical. Given the characteristics of the market, we triangulate the outcome on the basis of various critical factors, such as supply side, demand side and dynamics of the parent market. However, quantifying the market across aforementioned segments and regions is more a matter of quantifying expectations and identifying opportunities rather than rationalising them after the forecast has been completed.
In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse on the basis of key parameters such as Year-on-Year (Y-o-Y) growth rate to understand market predictability and to identify ideal opportunities across the battery management system market.
Sub-segments and/or categories have been analysed in terms of Basis Point Share (BPS) to understand individual segments’ relative contribution to market growth. This detailed level of information is important for identification of key trends in the battery management system market.
Another key feature of this report is the analysis of battery management system market, by region, vertical, component and topology and its revenue forecast in terms of absolute dollar opportunity. This is traditionally overlooked while forecasting the market. However, the absolute dollar opportunity is critical in assessing the level of opportunity that a provider has, as well as to identify potential resources from a sales perspective.
Furthermore, to understand key growth segments in terms of growth and adoption of battery management system, FMI developed the market attractiveness index. The resulting index would help providers identify ideal market opportunities.
The final section of the report includes the battery management system landscape, and provides the audience with a dashboard view, based on categories of providers across the value chain, their presence in battery management system product portfolio and key differentiators. Key players across the supply chain of the global battery management system market include OEMs/suppliers of BMS, BMU integrators and electronic devices manufacturers that manufacture BMSs. These include:
- The Ventec Company
- Nuvation Engineering
- Ashwoods Energy Limited
- Lithium Balance Corporation
- Vecture Inc.
- Toshiba Corporation
- L&T Technology Services Ltd.
- Merlin Equipment Ltd.
- Navitas System LLC
- Johnson Matthey PLC
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Objectives of the Battery Management System Market Study:
- To define, describe, and analyze the global Battery Management System market based on oil type, product type, ship type, and region
- To forecast and analyze the Battery Management System market size (in terms of value and volume) and submarkets in 5 regions, namely, APAC, Europe, North America, Central & South America, and the Middle East & Africa
- To forecast and analyze the Battery Management System market at country-level for each region
- To strategically analyze each submarket with respect to individual growth trends and their contribution to the global Battery Management System market
- To analyze opportunities in the market for stakeholders by identifying high growth segments of the global Battery Management System market
- To identify trends and factors driving or inhibiting the growth of the market and submarkets
- To analyze competitive developments, such as expansions and new product launches, in the global Battery Management System market
- To strategically profile key market players and comprehensively analyze their growth strategies
The Battery Management System market research focuses on the market structure and various factors (positive and negative) affecting the growth of the market. The study encloses a precise evaluation of the Battery Management System market, including growth rate, current scenario, and volume inflation prospects, on the basis of DROT and Porter’s Five Forces analyses. In addition, the Battery Management System market study provides reliable and authentic projections regarding the technical jargon.
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After reading the Battery Management System market report, readers can:
- Identify the factors affecting the Battery Management System market growth – drivers, restraints, opportunities and trends.
- Examine the Y-o-Y growth of the global Battery Management System market.
- Analyze trends impacting the demand prospect for the Battery Management System in various regions.
- Recognize different tactics leveraged by players of the global Battery Management System market.
- Identify the Battery Management System market impact on various industries.