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Automotive Battery Management System Market, Global Outlook and Forecast 2023-2029

Automotive Battery Management System Market, Global Outlook and Forecast 2023-2029

  • Published on : 03 April 2023
  • Pages :111
  • Report Code:SMR-7628156

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Report overview

The global Automotive Battery Management System market was valued at US$ 4274.3 million in 2022 and is projected to reach US$ 15400 million by 2029, at a CAGR of 20.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The USA market for Global Automotive Battery Management System market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The China market for Global Automotive Battery Management System market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The Europe market for Global Automotive Battery Management System market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

BMS Battery Management System (BMS), commonly known as Battery Nanny or Battery Manager, is mainly for the intelligent MANAGEMENT and maintenance of each BATTERY unit, to prevent the BATTERY from over-charging and over-discharging, to extend the service life of the BATTERY and to monitor the state of the BATTERY. Battery management system and the electric vehicle power battery together, through the sensor to the battery voltage, current, temperature, the real-time detection, as well as detect the leakage, thermal management, battery balanced management, alarm to remind, the residual capacity of computing (SOC), discharge power, report of the residual capacity of battery degradation (SOH) and the state of (SOC), according to the battery voltage and current and temperature also use algorithm of maximum output power control to achieve maximum range, as well as the best current algorithm control charger for charging, Through CAN bus interface, real-time communication is carried out with on-board general controller, motor controller, energy control system, on-board display system, etc.
This report aims to provide a comprehensive presentation of the global market for Automotive Battery Management System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Battery Management System. This report contains market size and forecasts of Automotive Battery Management System in global, including the following market information:

  • Global Automotive Battery Management System Market Revenue, 2018-2023, 2024-2029, ($ millions)
  • Global Automotive Battery Management System Market Sales, 2018-2023, 2024-2029, (Units)
  • Global top five Automotive Battery Management System companies in 2022 (%)
Global Automotive Battery Management System key players include Tesla, CATI Battery, BYD, etc. Global top 3 manufacturers hold a share over 32%.
Europe is the largest market, with a share about 43%, followed by China, and North America, both have a sales market share about 51 percent.
In terms of product, Center Type is the largest segment, with a share over 66%. And in terms of application, the largest application is Pure Electric Vehicle, followed by Hybrid Electric Vehicle.
We surveyed the Automotive Battery Management System manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Battery Management System Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Automotive Battery Management System Market Segment Percentages, by Type, 2022 (%)
  • Center Type
  • Distribution Type
  • Modular Type
Global Automotive Battery Management System Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Automotive Battery Management System Market Segment Percentages, by Application, 2022 (%)
  • Pure Electric Vehicle
  • Hybrid Electric Vehicle
Global Automotive Battery Management System Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Automotive Battery Management System Market Segment Percentages, By Region and Country, 2022 (%)
  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
  • The Middle East and Africa (Middle East, Africa)
  • South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
  • Key companies Automotive Battery Management System revenues in global market, 2018-2023 (Estimated), ($ millions)
  • Key companies Automotive Battery Management System revenues share in global market, 2022 (%)
  • Key companies Automotive Battery Management System sales in global market, 2018-2023 (Estimated), (Units)
  • Key companies Automotive Battery Management System sales share in global market, 2022 (%)
key players include:
  • Tesla
  • CATI Battery
  • BYD
  • LG Innotek
  • SINOEV Technologies
  • Marelli
  • ATBS
  • UAES
  • Ficosa
  • Neusoft Reach
  • E-Pow
  • Guibo
  • Joyson Electronics
  • Changan Auto
  • BAIC BJEV
  • Hyundai Kefico
  • Klclear
  • Guoxuan High-Tech Power Energy
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automotive Battery Management System, market overview.
Chapter 2: Global Automotive Battery Management System market size in revenue and volume.
Chapter 3: Detailed analysis of Automotive Battery Management System manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Automotive Battery Management System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Automotive Battery Management System capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.