Battery Management System Market to 2025 - Global Analysis and Forecasts by Components, Applications, End-users
Report Code: TIPTE100000176 No. of Pages: 150 Category: Electronics and Semiconductor Status: Upcoming
The Battery Management System (BMS) monitors battery state, controls load environment and accordingly balances the battery charging. Battery management system is beneficial for safeguarding extended battery life, restraining battery damage caused by voltage fluctuations and overcharging, handling optimum state of battery charging and enabling BMS combines with host application to offer real-time information concerning battery health. The system follows three kinds of topologies i.e. centralized, modular and distributed. Distributed BMS comprise of only one communication cable controller and battery with a cell board connected to each cell. Modular BMS consist of multiple controllers which control certain number of cells that communicate with each other. Centralized BMS include single controller that is linked to battery cells through communication wires.
Battery management systems are particularly designed to meet the requirements of managing and protecting Hybrid Electric Vehicles (HEV), Plug-in Hybrid Electric Vehicle (PHEV) and battery packs used in Electric Vehicles (EV) with automotive grade quality. The growing applications of batteries that can be recharged in telecom, military and healthcare, and developing market for hybrid and electric vehicles are factors propelling the global market growth. The progress of battery management systems in power grids and automotive industry are representing the strong adoption of BMS globally. Automotive sector holds the largest market share and then comes consumer/handheld and energy. Possibility of fire accidents of electric vehicles (mostly battery electric vehicles) resulted in consumers' concerns regarding the safety of electric vehicles. AS compared to HEV, both BEV and PHEV have more compound battery system assembly that needs more efficient battery strength and safety; thus, BEV and PHEV require more developed and dependable BMS. The BMS market is anticipated to propagate the growth of the EV market.
The electronics manufacturers are concentrating on producing small versions of electronic products, resulting in reduced size of BMS. Rising demand for reducing fuel costs and maximizing vehicle competence has led to technological progressions in EV and HEV. To upsurge utilization of battery storage ability and evade hazardous incidents caused by battery overheating, Original Equipment Manufacturers (OEM) of e-bikes and e-vehicles are integrating BMS systems in these vehicles. The global market for BEM is experiencing complex competition due to existence of huge number of manufacturer.
The global battery management system market is segmented by topology into distributed, centralized and modular. Further, the market is segmented by component that includes battery, DC/DC converter, power module and communication channel. Also, the global battery management market is bifurcated on the basis of end-user into automotive, consumer/handheld and energy. This market is also bisected by regions i.e. Europe, APAC, North America, South America and Middle East & Africa.
The global market for battery management system is dominated by Asia Pacific owing to existence of major automotive manufacturers and increasing usage of hybrid and electric vehicles in China. Europe and North America covers the second largest share in the market. NXP Semiconductors N.V., Johnson Matthey PLC., Texas Instruments Inc., Intersil Corporation, Valence Technology, Inc., Lithium Balance Corporation, Nuvation Engineering, Linear Technology Corporation, Elithion inc., Vecture Inc. are some of the key market players in the global battery management system market among others.
Battery management systems are particularly designed to meet the requirements of managing and protecting Hybrid Electric Vehicles (HEV), Plug-in Hybrid Electric Vehicle (PHEV) and battery packs used in Electric Vehicles (EV) with automotive grade quality. The growing applications of batteries that can be recharged in telecom, military and healthcare, and developing market for hybrid and electric vehicles are factors propelling the global market growth. The progress of battery management systems in power grids and automotive industry are representing the strong adoption of BMS globally. Automotive sector holds the largest market share and then comes consumer/handheld and energy. Possibility of fire accidents of electric vehicles (mostly battery electric vehicles) resulted in consumers' concerns regarding the safety of electric vehicles. AS compared to HEV, both BEV and PHEV have more compound battery system assembly that needs more efficient battery strength and safety; thus, BEV and PHEV require more developed and dependable BMS. The BMS market is anticipated to propagate the growth of the EV market.
The electronics manufacturers are concentrating on producing small versions of electronic products, resulting in reduced size of BMS. Rising demand for reducing fuel costs and maximizing vehicle competence has led to technological progressions in EV and HEV. To upsurge utilization of battery storage ability and evade hazardous incidents caused by battery overheating, Original Equipment Manufacturers (OEM) of e-bikes and e-vehicles are integrating BMS systems in these vehicles. The global market for BEM is experiencing complex competition due to existence of huge number of manufacturer.
The global battery management system market is segmented by topology into distributed, centralized and modular. Further, the market is segmented by component that includes battery, DC/DC converter, power module and communication channel. Also, the global battery management market is bifurcated on the basis of end-user into automotive, consumer/handheld and energy. This market is also bisected by regions i.e. Europe, APAC, North America, South America and Middle East & Africa.
The global market for battery management system is dominated by Asia Pacific owing to existence of major automotive manufacturers and increasing usage of hybrid and electric vehicles in China. Europe and North America covers the second largest share in the market. NXP Semiconductors N.V., Johnson Matthey PLC., Texas Instruments Inc., Intersil Corporation, Valence Technology, Inc., Lithium Balance Corporation, Nuvation Engineering, Linear Technology Corporation, Elithion inc., Vecture Inc. are some of the key market players in the global battery management system market among others.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
2. KEY TAKEAWAYS
3. BATTERY MANAGEMENT MODULE MARKET LANDSCAPE
3.1. OVERVIEW
3.2. MARKET SEGMENTATION
3.2.1. Battery Management Module Market – By Topology
3.2.2. Battery Management Module Market – By Component
3.2.3. Battery Management Module Market – By End-user
3.2.4. Battery Management Module Market – By Region
3.2.4.1. By Countries
3.2.5. PEST Analysis
3.2.5.1. North America – PEST Analysis
3.2.5.2. Europe – PEST Analysis
3.2.5.3. Asia Pacific (APAC) – PEST Analysis
3.2.5.4. Middle East & Africa (MEA) – PEST Analysis
3.2.5.5. South America (SAM)– PEST Analysis
4. BATTERY MANAGEMENT MODULE MARKET – KEY INDUSTRY DYNAMICS
4.1. KEY MARKET DRIVERS
4.2. KEY MARKET RESTRAINTS
4.3. KEY MARKET OPPORTUNITIES
4.4. FUTURE TRENDS
4.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
5. BATTERY MANAGEMENT MODULE MARKET – GLOBAL MARKET ANALYSIS
5.1. BATTERY MANAGEMENT MODULE - GLOBAL MARKET OVERVIEW
5.2. BATTERY MANAGEMENT MODULE - GLOBAL MARKET AND FORECAST TO 2025
6. BATTERY MANAGEMENT MODULE MARKET REVENUE AND FORECASTS TO 2025 – TOPOLOGY
6.1. OVERVIEW
6.2. TOPOLOGY MARKET FORECASTS AND ANALYSIS
6.3. DISTRIBUTED MARKET
6.3.1. Overview
6.3.2. Distributed market forecast and analysis
6.4. CENTRALIZED MARKET
6.4.1. Overview
6.4.2. Centralized market forecast and analysis
6.5. MODULAR MARKET
6.5.1. Overview
6.5.2. Modular market forecast and analysis
7. BATTERY MANAGEMENT MODULE MARKET REVENUE AND FORECASTS TO 2025 – COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. HARDWARE MARKET
7.3.1. Overview
7.3.2. Hardware market forecast and analysis
7.3.2.1. Battery Control Unit Market
7.3.2.1.1. Overview
7.3.2.1.2. Battery Control Unit market forecast and analysis
7.3.2.2. Power module Market
7.3.2.2.1. Overview
7.3.2.2.2. Power module market forecast and analysis
7.3.2.3. Communication channel Market
7.3.2.3.1. Overview
7.3.2.3.2. Communication channel market forecast and analysis
7.4. SOFTWARE MARKET
7.4.1. Overview
7.4.2. Software market forecast and analysis
8. BATTERY MANAGEMENT MODULE MARKET REVENUE AND FORECASTS TO 2025 – END-USER
8.1. OVERVIEW
8.2. END-USER MARKET FORECASTS AND ANALYSIS
8.3. AUTOMOTIVE MARKET
8.3.1. Overview
8.3.2. Automotive market forecast and analysis
8.4. MEDICAL MARKET
8.4.1. Overview
8.4.2. Medical market forecast and analysis
8.5. POWER & ENERGY MARKET
8.5.1. Overview
8.5.2. Power & Energy market forecast and analysis
8.6. CONSUMER ELECTRONICS MARKET
8.6.1. Overview
8.6.2. Consumer Electronics market forecast and analysis
8.7. IT & TELECOM MARKET
8.7.1. Overview
8.7.2. IT & Telecom market forecast and analysis
8.8. OTHERS MARKET
8.8.1. Overview
8.8.2. Others market forecast and analysis
9. BATTERY MANAGEMENT MODULE MARKET REVENUE AND FORECASTS TO 2025 – GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1. North America Battery Management Module Market Overview
9.1.2. North America Battery Management Module Market Forecasts and Analysis
9.1.3. North America Market Forecasts and Analysis – By Countries
9.1.3.1. US market
9.1.3.2. Canada market
9.1.3.3. Mexico market
9.1.4. North America Market Forecasts and Analysis – By Topology
9.1.5. North America Market Forecasts and Analysis – By Component
9.1.6. North America Market Forecasts and Analysis – By End-Users
9.2. EUROPE
9.2.1. Europe Battery Management Module Market Overview
9.2.2. Europe Battery Management Module Market Forecasts and Analysis
9.2.3. Europe Market Forecasts and Analysis – By Countries
9.2.3.1. France market
9.2.3.2. Germany market
9.2.3.3. Italy market
9.2.3.4. Spain market
9.2.3.5. UK market
9.2.3.6. Rest of Europe
9.2.4. Europe Market Forecasts and Analysis – By Topology
9.2.5. Europe Market Forecasts and Analysis – By Component
9.2.6. Europe Market Forecasts and Analysis – By End-users
9.3. ASIA PACIFIC (APAC)
9.3.1. Asia Pacific Battery Management Module Market Overview
9.3.2. Asia Pacific Battery Management Module Market Forecasts and Analysis
9.3.3. Asia Pacific Market Forecasts and Analysis – By Countries
9.3.3.1. Australia market
9.3.3.2. China market
9.3.3.3. India market
9.3.3.4. Japan market
9.3.3.5. Rest of APAC
9.3.4. Asia Pacific Market Forecasts and Analysis – By Topology
9.3.5. Asia Pacific Market Forecasts and Analysis – By Component
9.3.6. Asia Pacific Market Forecasts and Analysis – By End-Users
9.4. MIDDLE EAST AND AFRICA (MEA)
9.4.1. Middle East and Africa Battery Management Module Market Overview
9.4.2. Middle East and Africa Battery Management Module Market Forecasts and Analysis
9.4.3. Middle East and Africa Market Forecasts and Analysis – By Countries
9.4.3.1. South Africa market
9.4.3.2. Saudi Arabia market
9.4.3.3. UAE market
9.4.3.4. Rest of MEA
9.4.4. Middle East and Africa Market Forecasts and Analysis – By Topology
9.4.5. Middle East and Africa Market Forecasts and Analysis – By Component
9.4.6. Middle East and Africa Market Forecasts and Analysis – By End-Users
9.5. SOUTH AMERICA (SAM)
9.5.1. South America Battery Management Module Market Overview
9.5.2. South America Battery Management Module Market Forecasts and Analysis
9.5.3. South America Market Forecasts and Analysis – By Countries
9.5.3.1. Brazil market
9.5.3.2. Rest of SAM
9.5.4. South America Market Forecasts and Analysis – By Topology
9.5.5. South America Market Forecasts and Analysis – By Component
9.5.6. South America Market Forecasts and Analysis – By End-Users
10. INDUSTRY LANDSCAPE
10.1. MERGERS & ACQUISITIONS
10.2. MARKET INITIATIVES
10.3. NEW DEVELOPMENTS
10.4. INVESTMENT SCENARIOS
11. COMPETITIVE LANDSCAPE
11.1. COMPETITIVE INDUSTRY MAPPING
11.2. MARKET POSITIONING/ MARKET SHARE
12. BATTERY MANAGEMENT MODULE MARKET, KEY COMPANY PROFILES
12.1. NXP SEMICONDUCTORS N.V.
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Financial Overview
12.1.4. SWOT Analysis
12.1.5. Key Developments
12.2. JOHNSON MATTHEY PLC.
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Financial Overview
12.2.4. SWOT Analysis
12.2.5. Key Developments
12.3. TEXAS INSTRUMENTS INC.
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Financial Overview
12.3.4. SWOT Analysis
12.3.5. Key Developments
12.4. INTERSIL CORPORATION
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Financial Overview
12.4.4. SWOT Analysis
12.4.5. Key Developments
12.5. VALENCE TECHNOLOGY, INC.
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Financial Overview
12.5.4. SWOT Analysis
12.5.5. Key Developments
12.6. LITHIUM BALANCE CORPORATION
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Financial Overview
12.6.4. SWOT Analysis
12.6.5. Key Developments
12.7. NUVATION ENGINEERING
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Financial Overview
12.7.4. SWOT Analysis
12.7.5. Key Developments
12.8. LINEAR TECHNOLOGY CORPORATION
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Financial Overview
12.8.4. SWOT Analysis
12.8.5. Key Developments
12.9. ELITHION INC.
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Financial Overview
12.9.4. SWOT Analysis
12.9.5. Key Developments
12.10. VECTURE INC.
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Financial Overview
12.10.4. SWOT Analysis
12.10.5. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
13.3. RESEARCH METHODOLOGY
1. INTRODUCTION
1.1. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
2. KEY TAKEAWAYS
3. BATTERY MANAGEMENT MODULE MARKET LANDSCAPE
3.1. OVERVIEW
3.2. MARKET SEGMENTATION
3.2.1. Battery Management Module Market – By Topology
3.2.2. Battery Management Module Market – By Component
3.2.3. Battery Management Module Market – By End-user
3.2.4. Battery Management Module Market – By Region
3.2.4.1. By Countries
3.2.5. PEST Analysis
3.2.5.1. North America – PEST Analysis
3.2.5.2. Europe – PEST Analysis
3.2.5.3. Asia Pacific (APAC) – PEST Analysis
3.2.5.4. Middle East & Africa (MEA) – PEST Analysis
3.2.5.5. South America (SAM)– PEST Analysis
4. BATTERY MANAGEMENT MODULE MARKET – KEY INDUSTRY DYNAMICS
4.1. KEY MARKET DRIVERS
4.2. KEY MARKET RESTRAINTS
4.3. KEY MARKET OPPORTUNITIES
4.4. FUTURE TRENDS
4.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
5. BATTERY MANAGEMENT MODULE MARKET – GLOBAL MARKET ANALYSIS
5.1. BATTERY MANAGEMENT MODULE - GLOBAL MARKET OVERVIEW
5.2. BATTERY MANAGEMENT MODULE - GLOBAL MARKET AND FORECAST TO 2025
6. BATTERY MANAGEMENT MODULE MARKET REVENUE AND FORECASTS TO 2025 – TOPOLOGY
6.1. OVERVIEW
6.2. TOPOLOGY MARKET FORECASTS AND ANALYSIS
6.3. DISTRIBUTED MARKET
6.3.1. Overview
6.3.2. Distributed market forecast and analysis
6.4. CENTRALIZED MARKET
6.4.1. Overview
6.4.2. Centralized market forecast and analysis
6.5. MODULAR MARKET
6.5.1. Overview
6.5.2. Modular market forecast and analysis
7. BATTERY MANAGEMENT MODULE MARKET REVENUE AND FORECASTS TO 2025 – COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. HARDWARE MARKET
7.3.1. Overview
7.3.2. Hardware market forecast and analysis
7.3.2.1. Battery Control Unit Market
7.3.2.1.1. Overview
7.3.2.1.2. Battery Control Unit market forecast and analysis
7.3.2.2. Power module Market
7.3.2.2.1. Overview
7.3.2.2.2. Power module market forecast and analysis
7.3.2.3. Communication channel Market
7.3.2.3.1. Overview
7.3.2.3.2. Communication channel market forecast and analysis
7.4. SOFTWARE MARKET
7.4.1. Overview
7.4.2. Software market forecast and analysis
8. BATTERY MANAGEMENT MODULE MARKET REVENUE AND FORECASTS TO 2025 – END-USER
8.1. OVERVIEW
8.2. END-USER MARKET FORECASTS AND ANALYSIS
8.3. AUTOMOTIVE MARKET
8.3.1. Overview
8.3.2. Automotive market forecast and analysis
8.4. MEDICAL MARKET
8.4.1. Overview
8.4.2. Medical market forecast and analysis
8.5. POWER & ENERGY MARKET
8.5.1. Overview
8.5.2. Power & Energy market forecast and analysis
8.6. CONSUMER ELECTRONICS MARKET
8.6.1. Overview
8.6.2. Consumer Electronics market forecast and analysis
8.7. IT & TELECOM MARKET
8.7.1. Overview
8.7.2. IT & Telecom market forecast and analysis
8.8. OTHERS MARKET
8.8.1. Overview
8.8.2. Others market forecast and analysis
9. BATTERY MANAGEMENT MODULE MARKET REVENUE AND FORECASTS TO 2025 – GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1. North America Battery Management Module Market Overview
9.1.2. North America Battery Management Module Market Forecasts and Analysis
9.1.3. North America Market Forecasts and Analysis – By Countries
9.1.3.1. US market
9.1.3.2. Canada market
9.1.3.3. Mexico market
9.1.4. North America Market Forecasts and Analysis – By Topology
9.1.5. North America Market Forecasts and Analysis – By Component
9.1.6. North America Market Forecasts and Analysis – By End-Users
9.2. EUROPE
9.2.1. Europe Battery Management Module Market Overview
9.2.2. Europe Battery Management Module Market Forecasts and Analysis
9.2.3. Europe Market Forecasts and Analysis – By Countries
9.2.3.1. France market
9.2.3.2. Germany market
9.2.3.3. Italy market
9.2.3.4. Spain market
9.2.3.5. UK market
9.2.3.6. Rest of Europe
9.2.4. Europe Market Forecasts and Analysis – By Topology
9.2.5. Europe Market Forecasts and Analysis – By Component
9.2.6. Europe Market Forecasts and Analysis – By End-users
9.3. ASIA PACIFIC (APAC)
9.3.1. Asia Pacific Battery Management Module Market Overview
9.3.2. Asia Pacific Battery Management Module Market Forecasts and Analysis
9.3.3. Asia Pacific Market Forecasts and Analysis – By Countries
9.3.3.1. Australia market
9.3.3.2. China market
9.3.3.3. India market
9.3.3.4. Japan market
9.3.3.5. Rest of APAC
9.3.4. Asia Pacific Market Forecasts and Analysis – By Topology
9.3.5. Asia Pacific Market Forecasts and Analysis – By Component
9.3.6. Asia Pacific Market Forecasts and Analysis – By End-Users
9.4. MIDDLE EAST AND AFRICA (MEA)
9.4.1. Middle East and Africa Battery Management Module Market Overview
9.4.2. Middle East and Africa Battery Management Module Market Forecasts and Analysis
9.4.3. Middle East and Africa Market Forecasts and Analysis – By Countries
9.4.3.1. South Africa market
9.4.3.2. Saudi Arabia market
9.4.3.3. UAE market
9.4.3.4. Rest of MEA
9.4.4. Middle East and Africa Market Forecasts and Analysis – By Topology
9.4.5. Middle East and Africa Market Forecasts and Analysis – By Component
9.4.6. Middle East and Africa Market Forecasts and Analysis – By End-Users
9.5. SOUTH AMERICA (SAM)
9.5.1. South America Battery Management Module Market Overview
9.5.2. South America Battery Management Module Market Forecasts and Analysis
9.5.3. South America Market Forecasts and Analysis – By Countries
9.5.3.1. Brazil market
9.5.3.2. Rest of SAM
9.5.4. South America Market Forecasts and Analysis – By Topology
9.5.5. South America Market Forecasts and Analysis – By Component
9.5.6. South America Market Forecasts and Analysis – By End-Users
10. INDUSTRY LANDSCAPE
10.1. MERGERS & ACQUISITIONS
10.2. MARKET INITIATIVES
10.3. NEW DEVELOPMENTS
10.4. INVESTMENT SCENARIOS
11. COMPETITIVE LANDSCAPE
11.1. COMPETITIVE INDUSTRY MAPPING
11.2. MARKET POSITIONING/ MARKET SHARE
12. BATTERY MANAGEMENT MODULE MARKET, KEY COMPANY PROFILES
12.1. NXP SEMICONDUCTORS N.V.
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Financial Overview
12.1.4. SWOT Analysis
12.1.5. Key Developments
12.2. JOHNSON MATTHEY PLC.
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Financial Overview
12.2.4. SWOT Analysis
12.2.5. Key Developments
12.3. TEXAS INSTRUMENTS INC.
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Financial Overview
12.3.4. SWOT Analysis
12.3.5. Key Developments
12.4. INTERSIL CORPORATION
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Financial Overview
12.4.4. SWOT Analysis
12.4.5. Key Developments
12.5. VALENCE TECHNOLOGY, INC.
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Financial Overview
12.5.4. SWOT Analysis
12.5.5. Key Developments
12.6. LITHIUM BALANCE CORPORATION
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Financial Overview
12.6.4. SWOT Analysis
12.6.5. Key Developments
12.7. NUVATION ENGINEERING
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Financial Overview
12.7.4. SWOT Analysis
12.7.5. Key Developments
12.8. LINEAR TECHNOLOGY CORPORATION
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Financial Overview
12.8.4. SWOT Analysis
12.8.5. Key Developments
12.9. ELITHION INC.
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Financial Overview
12.9.4. SWOT Analysis
12.9.5. Key Developments
12.10. VECTURE INC.
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Financial Overview
12.10.4. SWOT Analysis
12.10.5. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
13.3. RESEARCH METHODOLOGY
List of Companies:
1. NXP Semiconductors N.V.
2. Johnson Matthey PLC.
3. Texas Instruments Inc.
4. Intersil Corporation
5. Valence Technology, Inc.
6. Lithium Balance Corporation
7. Nuvation Engineering
8. Linear Technology Corporation
9. Elithion inc.
10. Vecture Inc.