Monday 20 February 2017

Battery Management System Market has great scope in coming years worth 7.25 Billion USD by 2022

The battery management system market was valued at USD 1.98 Billion in 2015 and is expected to reach USD 7.25 Billion by 2022, at a CAGR of 20.5% during the forecast period. The base year used for this study is 2015 and the forecast period is between 2016 and 2022.
This report provides a detailed analysis of the battery management system market on the basis of battery types, components, topologies, applications, and geography. The growing application of battery management systems in electric vehicles and in renewable energy systems are a major driver for the battery management system market. Additionally, one of significant opportunities in the future for the battery management system is its growing applications in battery-driven public transport and datacenters.
Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=234498189Browse 44 market data tables with 67 figures spread through 149 pages and in-depth TOC on "Battery Management System Market - Global Trend and Forecast to 2022"
http://www.marketsandmarkets.com/Market-Reports/battery-management-bms-market-234498189.html

The research methodology used to estimate and forecast the battery management system market begins with capturing data on key vendor revenue through secondary research. The vendor offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure has been employed to arrive at the overall size of the global battery management system market from the revenues of key players in the market. After arriving at the overall market size, the total market has been split into several segments and subsegments which have been verified through the primary research by conducting extensive interviews of people holding key positions such as CEOs, VPs, directors, and executives. The market breakdown and data triangulation procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of profiles of primary is depicted in the figure below:
Battery Management System Market
To know about the assumptions considered for the study, download the pdf brochure
The battery management system ecosystem comprises raw material vendors such as Intersil Corporation (U.S.), Linear Technology Corp (U.S.), NXP Semiconductors N.V. (Netherlands), and Texas Instruments Inc. (U.S.) among the others and battery management system manufacturers such as Johnson Matthey Plc. (U.K.), Lithium Balance A/S (Denmark), Nuvation Engineering (U.S.), Valence Technology, Inc. (U.S.), and Ventec SAS (France) among others who sell these systems to end users to cater to their unique requirements. The end users are from a wide range of industries such as automotive, portable devices, and renewable energy systems among others.
Target Audience:
  • Battery manufacturers
  • Battery management system manufacturers
  • Battery management system traders/suppliers
  • End-user industries
  • Government bodies such as regulating authorities and policy makers
  • Market research and consulting firms
  • Raw chemical suppliers and distributors
  • Research institutes and organizations
The study answers several questions for the target audiences, primarily, which market segments to focus on in the next two to five years for prioritizing efforts and investments.
Report Scope:
In this report, the battery management system market has been segmented on the basis of the following categories, along with the industry trends:
By Battery Type:
  • Lithium-Ion Based-Batteries
  • Advanced Lead-Acid Batteries
  • Nickel-Based Batteries
  • Flow Batteries
  • Others
By Component:
  • Hardware
    • Battery Control Unit
    • Power Management IC
    • Communication Channel
    • CAN Bus
  • Software
By Topology
  • Centralized
  • Modular
  • Distributed
By Application:
  • Introduction
  • Automotive
    • Electric Vehicles
    • E-Bikes
    • Automated Guided Vehicles
  • Military
  • Medical
  • Portable Device
    • Consumer Electronics (Smartphones/Laptops)
    • Power Tools
    • Portable Battery Pack
  • Telecommunication
  • Renewable Energy Systems
  • UPS (Uninterrupted Power Supply)
  • Others
    • Marine
    • Home Appliances
By Region:
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • U.K.
    • Germany
    • France
    • Rest of  Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • Rest of the World
    • South America
    • Middle East
    • Africa
Available Customizations:
With the given market data, MarketsandMarkets offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
Detailed analysis and profiling of additional market players (up to five)
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