Categories: Automotive and Transportation | Format :
MARKET DEFINITION
The electronic system that regulates the battery pack and its cells is known as a battery management system (BMS). Its aim is to keep the battery from exceeding its safe operating limits by monitoring its state. It analyses data collected and communicates it to elements that balance or govern its surroundings. The BMS must work with high accuracy and dependability, and it must be built with high strength. It should, however, be compact and lightweight, adding as little bulk as possible to the overall battery pack design. As a result, BMS electronics necessitate highly compact, yet versatile connector systems capable of supporting numerous permutations of connector topologies.
MARKET DYNAMICS
Major factors that will affect demand for automotive battery monitoring systems include rising demand for electric vehicles, stricter environmental regulations for cars, high technological proliferation in the automotive industry, increasing emphasis on battery management and safety, rapid urbanization, shifting trends in the transportation sector, and rising consumer awareness of electric vehicles. It is anticipated that the high price of battery management systems for electric vehicles will limit overall demand for these systems. Additionally, the market for EV charging infrastructure is seeing new growth due to the increasing usage of electric vehicles. Over the predicted period, there should be a rise in the use of battery management technologies in these charging stations.
REPORT SCOPE
The report titled “Global Automotive Battery Management System Market – Size, Share, Growth, Opportunities, and Competitive Analysis, 2022 – 2028” offers strategic visions into the global Automotive Battery Management System market along with the market size (Value in “US$ Mn”) for the historical period 2017 to 2021 and estimates for the forecast period 2022 to 2028. The RI report is an in-depth study of the global Automotive Battery Management System market with a strong focus on key market trends, vital player strategies, and market forecasts. The study also covers key market dynamics, including drivers, restraints, opportunities, challenges, and existing and upcoming pathways that help CXOs make critical business decisions effectively. The global Automotive Battery Management System Market is predicted to grow at a significant CAGR over the forecast period from 2022 to 2028.
GEOGRAPHICAL OVERVIEW
The research report includes a detailed overview of the industry comprising quantitative and qualitative information. It gives a broad overview of the worldwide market forecasts for major segments. It also includes market size and forecast projections for five key regions: North America, Europe, Asia-Pacific (APAC), South America, and the Middle East & Africa (MEA), for the years 2017 to 2028. The market is further divided by categories and countries within each province. The research scrutinizes and forecasts over 20 nations worldwide, as well as the present trend and possibilities in these regions.
MARKET SEGMENTATION
The Global Automotive Battery Management System Market is segmented based on battery type, vehicle type, connection topology, component, propulsion type, battery capacity, sales channel, and region. Based on battery type, the market has been segmented into Lithium-Ion Based, Advanced Lead-Acid Based, Nickel-Based, and Flow Batteries, whereas based on vehicle type, the market comprises Passenger Vehicle, Commercial Vehicle, Golf carts, and E-Bikes. Based on connection topology, the market has been segmented into Centralized, Distributed, and Modular, whereas, the component segmentation includes Battery IC, Battery Sensor, and Others. Based on propulsion type the market has been segmented into IC Engine Vehicle and Electric Vehicle [HEV, PHEV, and BEV], and battery capacity is segmented into <100 kWh, 100-200 kWh, 200-500 kWh and >500 kWh. Based on sales channel it is segmented into OEMs and Aftermarket
COMPETITION LANDSCAPE
The RI research report discusses noteworthy developments in the industry as well as organic and inorganic growth strategies being adopted by the Automotive Battery Management System market players. The report covers industry activities, including new product launches, mergers & acquisitions, business partnerships, and various expansion initiatives being undertaken by the active players in the market. These developments pave the path for various market participants to strengthen their positioning as well as expand their consumer base. The positive market outlook for the global Automotive Battery Management System market is anticipated to present lucrative growth opportunities to the market players. The report also offers detailed profiles of major players in the global Automotive Battery Management System market, emphasizing the strategic initiatives, financial information, SWOT analysis, and key development in the Automotive Battery Management System industry in the past three years.
Key players in the Global Automotive Battery Management System Market have adopted various organic as well as inorganic growth strategies to strengthen their market positioning. Prominent players in the market include:
COVID-19 IMPACT ANALYSIS ON GLOBAL AUTOMOTIVE BATTERY MANAGEMENT SYSTEM MARKET
The COVID-19 pandemic is still a very personal, individual experience that is also a once-in-a-lifetime worldwide phenomenon with far-reaching consequences. The epidemic has wreaked havoc on people's lives in all nations and communities and also had a negative impact on global economic development in 2020, unlike anything seen in almost a century. The pandemic severely impacted key economies such as India, Brazil, the U.S., France, Russia, the UK, Italy, Turkey, and Argentina. According to estimates, the virus slowed global economic growth by -3.4 percent to -7.6 percent in 2020, with a rebound of 4.2 percent to 5.6 percent expected in 2021. In 2020, global commerce was expected to decline by 5.3 percent, but it is expected to rise by 8.0 percent in 2021.
In contrast to the global economic downturn in the first half of 2020, the economy began to showcase symptoms of a two-track recovery post the second quarter of 2020, with a fledgling rebound in developed nations, however, slower growth in emerging economies. The outbreak of the Covid-19 pandemic has not only resulted in halted production activity but has also disrupted the global supply chain. The research goes on to evaluate the current and future implications of the COVID-19 pandemic both on the target as well as broader market, thereby, providing accurate and trustworthy forecasts.
Report Attribute/Metric |
Details |
Market Size |
In USD Million |
CAGR |
In % (2022-2028) |
Base Year |
2021 |
Forecast Period |
2022 – 2028 |
Historical Data |
2017 to 2021 |
Forecast Unit |
Value (US$ Mn) |
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors and Trends |
Geographies Covered |
North America, Europe, Asia-Pacific, South America, and Middle East & Africa |
Key Players Analyzed |
Robert Bosch GmbH, Johnson Matthey Plc., Continental AG, Toshiba Corporation, NXP Semiconductors NV, Analog Devices Inc., Renesas Electronics Corporation, Texas Instruments Inc., LG Chem Ltd., Intel Corporation, AVL LIST GmbH, Lithium Balance A/S, Midtronics Inc., Preh GmbH and HORIBA MIRA Ltd. |
Customization & Pricing |
Available on Request (10% Customization is Free) |
RESEARCH PROGRAM DESIGN
KEY QUESTIONS ANSWERED
REASONS FOR BUYING THIS REPORT:
Global Automotive Battery Management System Market Growth, Trend and Forecast 2020-2028
Chapter 1 Automotive Battery Management System Market Overview
1.1 Product Overview and Scope of Automotive Battery Management System
1.2 Automotive Battery Management System Market Segmentation by Type
1.2.1 Global Production Market Share of Automotive Battery Management System by Type in 2019
1.2.1 Type 1
1.2.2 Type 2
1.2.3 Type 3
1.3 Automotive Battery Management System Market Segmentation by Application
1.3.1 Automotive Battery Management System Consumption Market Share by Application in 2019
1.3.2 Application 1
1.3.3 Application 2
1.3.4 Application 3
1.4 Automotive Battery Management System Market Segmentation by Regions
1.4.1 North America
1.4.2 China
1.4.3 Europe
1.4.4 Southeast Asia
1.4.5 Japan
1.4.6 India
1.5 Global Market Size (Value) of Automotive Battery Management System (2014-2028)
Chapter 2 Global Economic Impact on Automotive Battery Management System Industry
2.1 Global Macroeconomic Environment Analysis
2.1.1 Global Macroeconomic Analysis
2.1.2 Global Macroeconomic Environment Development Trend
2.2 Global Macroeconomic Environment Analysis by Regions
Chapter 3 Global Automotive Battery Management System Market Competition by Manufacturers
3.1 Global Automotive Battery Management System Production and Share by Manufacturers (2019 and 2019)
3.2 Global Automotive Battery Management System Revenue and Share by Manufacturers (2019 and 2019)
3.3 Global Automotive Battery Management System Average Price by Manufacturers (2019 and 2019)
3.4 Manufacturers Automotive Battery Management System Manufacturing Base Distribution, Production Area and Product Type
3.5 Automotive Battery Management System Market Competitive Situation and Trends
3.5.1 Automotive Battery Management System Market Concentration Rate
3.5.2 Automotive Battery Management System Market Share of Top 3 and Top 5 Manufacturers
3.5.3 Mergers & Acquisitions, Expansion
Chapter 4 Global Automotive Battery Management System Production, Revenue (Value) by Region (2014-2020)
4.1 Global Automotive Battery Management System Production by Region (2014-2020)
4.2 Global Automotive Battery Management System Production Market Share by Region (2014-2020)
4.3 Global Automotive Battery Management System Revenue (Value) and Market Share by Region (2014-2020)
4.4 Global Automotive Battery Management System Production, Revenue, Price and Gross Margin (2014-2020)
4.5 North America Automotive Battery Management System Production, Revenue, Price and Gross Margin (2014-2020)
4.6 Europe Automotive Battery Management System Production, Revenue, Price and Gross Margin (2014-2020)
4.7 China Automotive Battery Management System Production, Revenue, Price and Gross Margin (2014-2020)
4.8 Japan Automotive Battery Management System Production, Revenue, Price and Gross Margin (2014-2020)
4.9 Southeast Asia Automotive Battery Management System Production, Revenue, Price and Gross Margin (2014-2020)
4.10 India Automotive Battery Management System Production, Revenue, Price and Gross Margin (2014-2020)
Chapter 5 Global Automotive Battery Management System Supply (Production), Consumption, Export, Import by Regions (2014-2020)
5.1 Global Automotive Battery Management System Consumption by Regions (2014-2020)
5.2 North America Automotive Battery Management System Production, Consumption, Export, Import by Regions (2014-2020)
5.3 Europe Automotive Battery Management System Production, Consumption, Export, Import by Regions (2014-2020)
5.4 China Automotive Battery Management System Production, Consumption, Export, Import by Regions (2014-2020)
5.5 Japan Automotive Battery Management System Production, Consumption, Export, Import by Regions (2014-2020)
5.6 Southeast Asia Automotive Battery Management System Production, Consumption, Export, Import by Regions (2014-2020)
5.7 India Automotive Battery Management System Production, Consumption, Export, Import by Regions (2014-2020)
Chapter 6 Global Automotive Battery Management System Production, Revenue (Value), Price Trend by Type
6.1 Global Automotive Battery Management System Production and Market Share by Type (2014-2020)
6.2 Global Automotive Battery Management System Revenue and Market Share by Type (2014-2020)
6.3 Global Automotive Battery Management System Price by Type (2014-2020)
6.4 Global Automotive Battery Management System Production Growth by Type (2014-2020)
Chapter 7 Global Automotive Battery Management System Market Analysis by Application
7.1 Global Automotive Battery Management System Consumption and Market Share by Application (2014-2020)
7.2 Global Automotive Battery Management System Consumption Growth Rate by Application (2014-2020)
7.3 Market Drivers and Opportunities
7.3.1 Potential Applications
7.3.2 Emerging Markets/Countries
Chapter 8 Automotive Battery Management System Manufacturing Cost Analysis
8.1 Automotive Battery Management System Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Price Trend of Key Raw Materials
8.1.3 Key Suppliers of Raw Materials
8.1.4 Market Concentration Rate of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.2.1 Raw Materials
8.2.2 Labor Cost
8.2.3 Manufacturing Expenses
8.3 Manufacturing Process Analysis of Automotive Battery Management System
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
9.1 Automotive Battery Management System Industrial Chain Analysis
9.2 Upstream Raw Materials Sourcing
9.3 Raw Materials Sources of Automotive Battery Management System Major Manufacturers in 2019
9.4 Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
10.1 Marketing Channel
10.1.1 Direct Marketing
10.1.2 Indirect Marketing
10.1.3 Marketing Channel Development Trend
10.2 Market Positioning
10.2.1 Pricing Strategy
10.2.2 Brand Strategy
10.2.3 Target Client
10.3 Distributors/Traders List
Chapter 11 Market Effect Factors Analysis
11.1 Technology Progress/Risk
11.1.1 Substitutes Threat
11.1.2 Technology Progress in Related Industry
11.2 Consumer Needs/Customer Preference Change
11.3 Economic/Political Environmental Change
Chapter 12 Global Automotive Battery Management System Market Forecast (2020-2028)
12.1 Global Automotive Battery Management System Production, Revenue Forecast (2020-2028)
12.2 Global Automotive Battery Management System Production, Consumption Forecast by Regions (2020-2028)
12.3 Global Automotive Battery Management System Production Forecast by Type (2020-2028)
12.4 Global Automotive Battery Management System Consumption Forecast by Application (2020-2028)
12.5 Automotive Battery Management System Price Forecast (2020-2028)
Chapter 13 Appendix
Published On:Sep 2022
Base Year:2021
Historical Data:2019-2020
No of Pages:250
Automotive Battery Management System Market Growth...
RD Code : AT22