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Home » Semiconductor and Electronics » Battery Management System Market Size, Growth Analysis 2030

Battery Management System Market By Battery Type (Nickel-based, Advanced Lead-Acid, Lithium-ion, Flow Batteries), By Topology (Distributed, Modular, Centralized), By Application (Renewable Energy System, Consumer Electronics, Military and Defence, Automotive), By Type (Stationary Battery, Motive Battery), Global Report by Size, Industry Analysis & Forecast, 2021 - 2030.

Published On: Jul-2022   |   Base Year: 2021   |   No Of Pages: 135   |   Historical Data: 2017 - 2020   |   Formats: PDF   |   Report ID: 25767791

Industry Report and Statistics (Facts & Figures) - Sales Volume, ASP & Demand Analysis by Battery Type & Application

The global battery management system market will witness a robust CAGR of 21.2%, valued at $6.41 billion in 2021, expected to appreciate and reach $35.79 billion by 2030, confirms Strategic Market Research. A battery management system is a full-fledged electronic system that protects a battery (a single cell) or battery packs (a set of cells) from damage by receiving and analyzing data from the battery to ensure its optimum usage and increased longevity. It is an electronic system that manages a rechargeable battery and provides the necessary electric management protection from operating beyond its safe operating zone by offering thermal management protection, closely monitoring its state, calculating the secondary data, reporting that particular data, controlling its overall environment and lastly authenticating and balancing it.

The market trends for battery management systems are that there is a rise in the overall demand for electric and hybrid vehicles and growing demand for effective power grid management, which will be the major factors that would enhance the global market growth. Additionally, increasing government initiatives to enhance the usage of electric vehicles will further augment the market value for the forecast period. The efforts to set standardized battery management regulations are expected to bolster the market's growth for the forecast period. Additionally, the spike in the overall investment from the major players in the region to provide electric scooters for covering shorter distances is poised to create new opportunities for growing the automotive battery management system market within the forecast period. According to the latest report by the US Department of Energy, in 2021, the sales of electric vehicles increased by 85%, and plug-in electric vehicles increased by 138% compared to 2020. According to ACEA, electric vehicles sold in the European Union in the first quarter of 2022 were 224,145 cars, which was an increase of 53.4% compared to the previous year. In the military and aviation sector, battery management systems are required for all vehicles such as Jeeps, Heavy-Duty Trucks, Multi-copters, drones, and amphibious vehicles. Hence, we can expect to see a rise in the industry's value. The comprehensive battery management system PDF report provides an in-depth market analysis.

Battery Management System Market Infographics

Key Industry Drivers - Increased Renewable Energy, Demand for Electric Vehicles, And an Increase in The Use of Rechargeable Batteries.

  • There has been a rapid and robust increase in the demand and use of renewable energy globally, keeping in line with UN Protocols which are Montreal Protocol, Kyoto Protocol, and the Paris Climate Agreement. According to Eurostat, the gross energy consumption from renewable energy sources was 22% in 2020, which is 2% higher than its goal in 2004. As clearly reinstated by the US Energy Information Administration, renewable energy sources accounted for almost 21% of the energy used in the country. Therefore, with an increase in the use of renewable energy sources, there would be an increase in the requirement for efficient battery management systems and energy management systems to store and distribute energy.

 

  • With people getting conscious of overall global warming, there has been a sharp rise in the sales of electric vehicles globally. According to the US Department of Energy, the number of vehicles sold in 2020 was approximately 308,000 in 2020 and increased to approximately 608,000 units in 2021. According to Eurostat, electric vehicles accounted for 11% of the total new vehicle registrations. According to the SOCIETY OF MANUFACTURERS OF ELECTRIC VEHICLES (SMEV), in India, EV sales have increased by 20% in consecutive years. According to China Passenger Car Association, there has been a rise of 169% in sales of EVs in 2021 as compared to 2020. Therefore, with sales of electric vehicles rising globally, there will be a need to further develop battery management systems and onboard battery chargers for the automobile industry, emphasizing categorically electric vehicle (EV) battery management systems.  

 

  • There has been an increase in rechargeable batteries across segments like consumer electronic goods, home solar energy generation, electric vehicles, power tools, and medical tools. The primary use in the recent period is towards consumer electronic goods such as smartphones, smartwatches, cameras, and home-support devices. According to the US Census Data, electronics, and appliances, including wearables, home appliances, portable audio devices, and smart speakers, had sales of USD 7.8 billion in May 2022. With increasing demand and sales for electronics and appliances, there would be an increase in demand for efficient battery management systems and smart batteries.

 

Opportunities - Favorable Government Regulations, Increased R&D in the Sector

  • Governments globally are moving toward achieving their climate control goals and developing policies to change their main energy source to renewable sources. For example, the European Union has the European Green Deal, the Horizon Europe funding program, and the EU Hydrogen Strategy. The US has provisions in the CARES Act, 2020, and Nationally Determined Contribution or 'NDC' plan submission to the UNFCCC that outlines how they are moving toward net-zero emissions within a stipulated period. Thus, with policies favoring renewable energy and subsidies on various renewable energy equipment and technologies, the market for battery management systems is expected to rise significantly.

 

  • With the technology improving towards making more efficient systems, companies are developing their R&D departments for the same. For example, Infineon is developing a Wireless Battery Management System that will link the cells using radio signals, reducing the vehicle's weight and the number of electrical connections, making the system more efficient. ION Energy is a startup that manufactures battery management systems for mobile applications and the automobile sector, which received funding of USD 2 billion from Amazon. The investment aims to develop solutions to be implemented in Amazon’s transport fleet for the company to achieve its carbon neutrality goals. General Motors, in October 2021, announced that it was investing heavily in a new battery center, spread over 300,000 square feet, with a focus on R&D in solid-state batteries, lithium batteries, and silicon batteries. 

 Battery Management System Market Share

Market Analysis Of Different Segments Covered in the Report

Based on Battery Type

  • Nickel-based

  • Advanced Lead-Acid

  • Lithium-ion

  • Flow Batteries

 

Based on Topology

  • Distributed

  • Modular

  • Centralized

 

Based on Application

  • Renewable Energy System

  • Consumer Electronics

  • Military and Defence

  • Automotive

 

Based on Type

  • Stationary Battery

  • Motive Battery

 

Regional Coverage Analysis

 North America 

  • Canada

  • Mexico

  • United States of America

 

Europe

  • Germany

  • France

  • Italy

  • United Kingdom

  • Rest of Europe

 

APAC

  • China

  • India

  • Japan

  • Korea

  • Rest of Asia Pacific

 

 LAMEA

  • Brazil

  • GCC

  • South Africa

  • Argentina

  • Rest of LAMEA

Battery Management System Market by Application

Segments Analysis & Insights

By the battery type, the lithium-ion battery holds the largest part of the battery management system market share, among others. As reinstated by the International Energy Agency (IEA) statement, 2020 saw a 50% increase in the energy storage market, with 5GW being the capacity we and China led, both of which added approximately 1.5GW in capacity each. The majority of the capacity added was using lithium-ion batteries. According to the IEA, lithium-ion batteries in China are favored over the traditional nickel manganese cobalt batteries due to lower costs, being safer in nature, and offering more stability in general. Hence, with overall increasing storage capacities for batteries, such as the 18650 battery, the need for economical and energy-saving battery management systems and battery monitoring systems will develop.

 

In the topology segment, the modular topology is destined to grow at the highest rate. The main advantage of using the modular type is that they can be further connected in series or parallel circuits to each other, thereby increasing the power/voltage output with the added advantage of lower maintenance costs.

 

In the application segment, automotive has the highest market share, followed by consumer electronics. The reason for this is the emergence of various products in both segments. According to the IEA, the overall sale of electric vehicles doubled in 2021 to 6.6 million units. According to industry reports, the consumer goods segment achieved over USD 1002.64 billion in 2020. Thus, with increasing sales of both main segments, there will be further requirements for battery management systems.

 

By region, North America and Europe dominate the market due to the high percentage of electric vehicles and infrastructure for renewable energy sources, which would require efficient power battery management systems.

Battery Management System Market by Region

Battery Management System Market Report Coverage

Report Attribute

Details

Forecast Period

2021 - 2030

The market size value in 2021

USD 6.41 billion

The revenue forecast in 2030

USD 35.79 billion

Growth rate

CAGR of 21.2 %

The base year for estimation

2021

Historical data

2017 – 2020

Unit

USD Billion, CAGR (2021 - 2030)

Segmentation

By Battery Type, By Type, By Application, By Topology, and Region.

 By Battery Type

Lithium - Ion, Advanced Lead - Acid, Nickel-based, Flow Batteries

By Topology

Modular, Distributed, and Centralized.

By Application

Consumer Electronics, Automotive, Military and Defence, and Renewable Energy System. 

By Type

Stationary and Motive

By Region

Asia-Pacific, North America, Europe, and LAMEA

Country Scope

India, China, Japan, Italy, USA, United Kingdom

Company Usability Profiles

Leclanche, Nuvation, Eberspächer, Texas Instruments Inc, Toshiba Corporation, Robert Bosch GmbH, Panasonic Corporation, Midtronics Inc. (US), ST Microelectronics, Deutz AG, 

Battery Management System Market Competitive Landscape Analysis

There are several companies involved in developing and manufacturing battery management systems. The industry leaders are:

  • Leclanche (Switzerland)

  • Toshiba Corporation (Japan)

  • Robert Bosch GmbH (Germany)

  • Panasonic Corporation (Japan)

  • Midtronics Inc. (US)

  • ST Microelectronics

  • Deutz AG ( Germany)

  • Nuvation (US)

  • Eberspächer (Germany)

  • Texas Instruments Inc (USA)

  • Elithion Inc (USA)

 

Recent Developments:

  • In June 2022, Xing Mobility will launch its immersion-cooled battery system at a conference in Germany. The new battery management system is developed to work under rigorous circumstances such as extreme temperatures and poor road conditions.

 

  • In June 2022, KORE Power announced that it acquired a 4.2% stake in ZEVx, which assists internal combustion engine (ICE) cars in retrofitting electric vehicle conversion kits. ZEVx also has battery management systems in its portfolio that are installed as a part of its hardware and software kit.

 

  • In June 2022, maritime energy solutions company EST - Floattech will be developing a battery management system for the hybrid ship built by the shipping company, Hagland.

 

  • In May 2022, Marelli, an automobile parts manufacturer, launched its new wireless battery management system. This system makes electric vehicles more efficient and reliable, reducing running costs.

 

  • In May 2022, Endurance Technologies acquired a majority stake in Maxwell Energy Systems, which comes with the key component of its battery management system unit.

 

Battery Management System Commercial Products That Market Leaders Are Manufacturing:

Name

Feature

Key Player

  BMS - 16i

Advanced care for cells during charge and discharge, unique internal voltage measurements, real-time hardware, and firmware checking and diagnosis.

MGM Compro

  Battery Management System

High Accuracy measurements, cell monitoring, diagnostic features, and battery optimization.

ST Microelectronics

  FL-6 BMS & Energy packs

Quite, Odorless, high operational efficiency, lower running costs, and zero emissions.

Leclanche

600V CoolMOS™ P7 Battery Charger superjunction

Multi-purpose junction for 30 kW to 150 kW EV battery chargers, 50 kW to 350 kW chargers

Infineon

 

Frequently Asked Question About This Report

By 2030, the global Battery Management System market size will be USD 35.79 billion.

The main factors driving the global Battery Management System market are increased use of electric vehicles, development of the renewable energy grid, and increased awareness among the general masses.

By 2030, the battery management system market is predicted to generate USD 35.79 billion in revenue.

The market is growing at a CAGR of 21.2%.

For vehicles, a battery management system costs on an average USD 4000.

A battery management system is an electric and programmed device that optimizes the use of battery packs through capacity management in various vehicles and devices.

Battery Management System uses electronics, programming, and circuit data analysis to optimize the use of batteries in various devices.

The leading players in the battery management system market are Texas Instruments Inc., Leclanche, Elithion, ST Microelectronics, Midtronics, and Toshiba Corporation.

Sources

https://www.energy.gov/energysaver/articles/new-plug-electric-vehicle-sales-united-states-nearly-doubled-2020-2021

https://www.acea.auto/.well-known/captcha/?r=%2Ffuel-pc%2Ffuel-types-of-new-cars-battery-electric-10-0-hybrid-25-1-and-petrol-36-0-market-share-in-q1-2022%2F

https://ec.europa.eu/eurostat/statistics-explained/index.php?title=Renewable_energy_statistics

https://www.smev.in/ev-sales

https://www.engadget.com/chinas-emergence-as-an-ev-powerhouse-has-been-a-long-time-coming-145429852.html

 

 

1.   Introduction

       1.1. Study Objective

       1.2. Market Definition        

       1.3. Study Scope

              1.3.1. Markets Covered

              1.3.2. Geographic Scope

              1.3.3. Years Considered

              1.3.4. Stakeholders

2.   Research Methodology

       2.1. Data Procurement

       2.2. Paid Database

              2.2.1. Secondary Data

                     2.2.1.1. Key Secondary sources

              2.2.2. Primary Data

                     2.2.2.1 Primary sources

                     2.2.2.2. Key industry insights

                     2.2.2.3. Primary interviews with experts

                     2.2.2.4. Key primary respondent list

       2.3. Market Size Estimation

       2.4. Bottom-Up and Top-Down Approaches

              2.4.1.     Bottom-Up Approach

                     2.4.1.1.         Approach for arriving at market size by bottom-up analysis

              2.4.2.     Top-Down Approach

                     2.4.2.1.         Approach for Capturing Market Size by Top-Down Analysis

       2.5. Market Breakdown and Data Triangulation

       2.6. Research Methodology

       2.7. Risk Assessment

3.  Executive Summary

       3.1 Battery Management System Market: Post-Covid-19

              3.1.1      Actual Scenario

              3.1.2      Pessimistic Scenario

              3.1.3      Optimistic Scenario

              3.1.4      Market Summary

4. Industry Outlook

       4.1 Market Snapshot

       4.2 Battery Management System Market

              4.2.1      market, 2021 – 2030 (USD Million)

       4.3 Regional Business Analysis

              4.3.1      market, by region, 2021 - 2030 (USD Million)

       4.4 By Battery Type Business Analysis

              4.4.1      market, By Battery Type, 2021 - 2030 (USD Million)

       4.5 By Application Business Analysis

              4.5.1      market, By Application, 2021 - 2030 (USD Million)

       4.6 Topology Business Analysis

              4.6.1      market, By Topology, 2021 - 2030 (USD Million)

       4.6 Type Business Analysis

              4.6.1      market, By Type, 2021 - 2030 (USD Million)

       4.7 Value Chain Analysis

       4.8 Market Variable Analysis

              4.8.1      Market Drivers Analysis

              4.8.2      Market Restraints Analysis

       4.9 Business Environment Analysis Tool

              4.9.1      market PEST analysis

              4.9.2      market Porter’s analysis

       4.10 Penetration & Growth Prospect Mapping

5. Market Dynamics

       5.1. Introduction

       5.2. Market Dynamics

              5.2.1.     Drivers

              5.2.2.     Restraints

              5.2.3.     Opportunities

              5.2.4.     Challenges

       5.3. Impact of Covid-19 On Market

       5.4. Value Chain Analysis

       5.5. Ecosystem

       5.6. Patent Analysis

       5.7. Trade Analysis

       5.8. Tariff Analysis

       5.9. Case Study Analysis

5.10.      Porter’s Five Forces Analysis

              5.10.1    Threat of New Entrants

              5.10.2    Threat of Substitutes

              5.10.3    Bargaining Power of Buyers

              5.10.4    Bargaining Power of Suppliers

              5.10.5    Degree of Competition

       5.11.              Type Analysis

              5.11.1.   Trends in Type (2014-2021)

              5.11.2.   Trends in Type (2021-2030)

       5.12.              Pricing Analysis

              5.12.1.   Average Price Trend Analysis (By Region, By Country)

6. Competitive & Vendor Landscape

       6.1. Company Market Share Analysis

       6.2. Manufacturers Manufacturing Sites, Area Served, Battery Type

       6.3. Market Competitive Situation and Trends

       6.4. Manufacturers Mergers & Acquisitions, Expansion Plans

7. Market: By Battery Type Segment Analysis

       7.1. Introduction

       7.2. Sales Volume & Revenue Analysis (2021-2030)

       7.3. Nickel-based

              7.3.1. Nickel-based market, 2021 - 2030 (USD Million)

       7.4. Advanced Lead-Acid

               7.4.1. Advanced Lead-Acid market, 2021 - 2030 (USD Million)

       7.5. Lithium-ion

               7.5.1. Lithium-ion market, 2021 - 2030 (USD Million)

       7.6. Flow Batteries

               7.6.1. Flow Batteries market, 2021 - 2030 (USD Million)

8. Market: By Application Segment Analysis

       8.1. Introduction

       8.2. Sales Volume & Revenue Analysis (2021-2030)

       8.3. Renewable Energy System

              8.3.1.     Renewable Energy System Market, 2021 - 2030 (USD Million)

       8.4. Consumer Electronics

              8.4.1.     Consumer Electronics market, 2021 - 2030 (USD Million)

       8.5. Military and Defence

              8.5.1.     Military and Defence market, 2021 - 2030 (USD Million)

       8.6. Automotive

              8.6.1.     Automotive market, 2021 - 2030 (USD Million)

9. Market: By Topology Segment Analysis

       9.1. Introduction

       9.2. Sales Volume & Revenue Analysis (2021-2030)

       9.3. DISTRIBUTED

              9.3.1.     DISTRIBUTED market, 2021 - 2030 (USD Million)

       9.4. Modular

              9.4.1.     Modular market, 2021 - 2030 (USD Million)

       9.5. Centralized

              9.5.1.     Centralized market, 2021 - 2030 (USD Million)

10. Market: By Type Segment Analysis

       10.1. Introduction

       10.2. Sales Volume & Revenue Analysis (2021-2030)

       10.3. Stationary Battery

              10.3.1.   Stationary Battery market, 2021 - 2030 (USD Million)

       10.4. Motive Battery

              10.4.1.   Motive Battery market, 2021 - 2030 (USD Million)

11. Market: Regional Outlook

       11.1 North America

              11.1.1.   North America market, By Battery Type, 2021 - 2030 (USD Million)

              11.1.2.   North America market, By Application, 2021 - 2030 (USD Million)

              11.1.3.   North America market, by Type, 2021 - 2030 (USD Million)

              11.1.4.   North America market, by Country, 2021 - 2030 (USD Million)

       11.1.4.1. U.S.

                     11.1.4.1.1.   U.S. market, By Battery Type, 2021 - 2030 (USD Million)

                     11.1.4.1.2.   U.S. market, By Application, 2021 - 2030 (USD Million)

                     11.1.4.1.3.   U.S. market, by Type, 2021 - 2030 (USD Million)

     11.1.4.2.  Canada

                     11.1.4.2.1.   Canada market, By Battery Type, 2021 - 2030 (USD Million)

                     11.1.4.2.2.   Canada market, By Application, 2021 - 2030 (USD Million)

                     11.1.4.2.3.   Canada market, by Type, 2021 - 2030 (USD Million)

11.2. Europe

              11.2.1.   Europe market, By Battery Type, 2021 - 2030 (USD Million)

              11.2.2.   Europe market, By Application, 2021 - 2030 (USD Million)

              11.2.3.   Europe market, by Type, 2021 - 2030 (USD Million)

              11.2.4.   Europe market, by country, 2021 - 2030 (USD Million)

    11.2.4.1    U.K.

                     11.2.4.1.1.   U.K. market, By Battery Type, 2021 - 2030 (USD Million)

                     11.2.4.1.2.   U.K. market, By Application, 2021 - 2030 (USD Million)

                     11.2.4.1.3.   U.K. market, by Type, 2021 - 2030 (USD Million)

   11.2.4.2.           Germany

                     11.2.4.2.1.   Germany market, By Battery Type, 2021 - 2030 (USD Million)

                     11.2.4.2.2.   Germany market, By Application, 2021 - 2030 (USD Million)

                     11.2.4.2.3.   Germany market, by Type, 2021 - 2030 (USD Million)

   11.2.4.3.           France

                     11.2.4.3.1.   France market, By Battery Type, 2021 - 2030 (USD Million)

                     11.2.4.3.2.   France market, By Application, 2021 - 2030 (USD Million)

                     11.2.4.3.3.   France market, by Type, 2021 - 2030 (USD Million)

    11.2.4.4.          Rest of Europe

                     11.2.4.4.1.   Rest of Europe market, By Battery Type, 2021 - 2030 (USD Million)

                     11.2.4.4.2.   Rest of Europe market, By Application, 2021 - 2030 (USD Million)

                     11.2.4.4.3.   Rest of Europe market, by Type, 2021 - 2030 (USD Million)

       11.3.              Asia Pacific

              11.3.1.   Asia Pacific market, By Battery Type, 2021 - 2030 (USD Million)

              11.3.2.   Asia Pacific market, By Application, 2021 - 2030 (USD Million)

              11.3.3.   Asia Pacific market, by Type, 2021 - 2030 (USD Million)

              11.3.4.   Asia Pacific market, by country, 2021 - 2030 (USD Million)

   11.3.4.1.           China

                     11.3.4.1.1.   China market, By Battery Type, 2021 - 2030 (USD Million)

                     11.3.4.1.2.   China market, By Application, 2021 - 2030 (USD Million)

                     11.3.4.1.3.   China market, by Type, 2021 - 2030 (USD Million)

   11.3.4.2.           India

                     11.3.4.2.1.   India market, By Battery Type, 2021 - 2030 (USD Million)

                     11.3.4.2.2.   India market, By Application, 2021 - 2030 (USD Million)

                     11.3.4.2.3.   India market, by Type, 2021 - 2030 (USD Million)

   11.3.4.3.           Japan

                     11.3.4.3.1.   Japan market, By Battery Type, 2021 - 2030 (USD Million)

                     11.3.4.3.2.   Japan market, By Application, 2021 - 2030 (USD Million)

                     11.3.4.3.3.   Japan market, by Type, 2021 - 2030 (USD Million)

   11.3.4.4.           South Korea

                     11.3.4.4.1.   South Korea market, By Battery Type, 2021 - 2030 (USD Million)

                     11.3.4.4.2.   South Korea market, By Application, 2021 - 2030 (USD Million)

                     11.3.4.4.3.   South Korea market, by Type, 2021 - 2030 (USD Million)

11.3.4.5.              Rest of ASIA PACIFIC

                     11.3.4.5.1.   Rest of ASIA PACIFIC market, By Battery Type, 2021 - 2030 (USD Million)

                     11.3.4.5.2.   Rest of ASIA PACIFIC market, By Application, 2021 - 2030 (USD Million)

                     11.3.4.5.3.   Rest of ASIA PACIFIC market, by Type, 2021 - 2030 (USD Million)

       11.4.              Latin America

              11.4.1.   Latin America market, By Battery Type, 2021 - 2030 (USD Million)

              11.4.2.   Latin America market, By Application, 2021 - 2030 (USD Million)

              11.4.3.   Latin America market, by Type, 2021 - 2030 (USD Million)

              11.4.4.   Latin America market, by country, 2021 - 2030 (USD Million)

11.4.4.1.              Brazil

                     11.4.4.1.1.   Brazil market, By Battery Type, 2021 - 2030 (USD Million)

                     11.4.4.1.2.   Brazil market, By Application, 2021 - 2030 (USD Million)

                     11.4.4.1.3.   Brazil market, by Type, 2021 - 2030 (USD Million)

11.4.4.2.              Mexico

                     11.4.4.2.1.   Mexico market, By Battery Type, 2021 - 2030 (USD Million)

                     11.4.4.2.2.   Mexico market, By Application, 2021 - 2030 (USD Million)

                     11.4.4.2.3.   Mexico market, by Type, 2021 - 2030 (USD Million)

                     11.4.4.3.       Rest of Latin America

                     11.4.4.3.1.   Rest of the Latin America market, By Battery Type, 2021 - 2030 (USD Million)

                     11.4.4.3.2.   Rest of the Latin America market, By Application, 2021 - 2030 (USD Million)

                     11.4.4.3.3.   Rest of the Latin America market, by Type, 2021 - 2030 (USD Million)

       11.5.     MEA

              11.5.1.   MEA market, By Battery Type, 2021 - 2030 (USD Million)

              11.5.2.   MEA market, By Application, 2021 - 2030 (USD Million)

              11.5.3.   MEA market, by Type, 2021 - 2030 (USD Million)

              11.5.4.   MEA market, by region, 2021 - 2030 (USD Million)

 

12. Competitive Landscape

       12.1 LECLANCHE (SWITZERLAND)

              12.1.1.   Company overview

              12.1.2.   Financial performance

              12.1.3.   Battery Type Portfolio Analysis

              12.1.4.   Business Strategy & Recent Development

       12.2. Toshiba Corporation (Japan)

              12.2.1.   Company overview

              12.2.2.   Financial performance

              12.2.3.   Battery Type Portfolio Analysis

              12.2.4.   Business Strategy & Recent Development

       12.3. Robert Bosch GmbH (Germany)

              12.3.1.   Company overview

              12.3.2.   Financial performance

              12.3.3.   Battery Type Portfolio Analysis

              12.3.4.   Business Strategy & Recent Development

       12.4. Panasonic Corporation (Japan)

              12.4.1.   Company overview

              12.4.2.   Financial performance

              12.4.3.   Battery Type Portfolio Analysis

              12.4.4.   Business Strategy & Recent Development

       12.5. Midtronics Inc. (US)

              12.5.1.   Company overview

              12.5.2.   Financial performance

              12.5.3.   Battery Type Portfolio Analysis

              12.5.4.   Business Strategy & Recent Development

       12.6. ST Microelectronics

              12.6.1.   Company overview

              12.6.2.   Financial performance

              12.6.3.   Battery Type Portfolio Analysis

              12.6.4.   Business Strategy & Recent Development

       12.7. Deutz AG ( Germany)

              12.7.1.   Company overview

              12.7.2.   Financial performance

              12.7.3.   Battery Type Portfolio Analysis

              12.7.4.   Business Strategy & Recent Development

       12.8. Nuvation (US)

              12.8.1.   Company overview

              12.8.2.   Financial performance

              12.8.3.   Battery Type Portfolio Analysis

              12.8.4.   Business Strategy & Recent Development

       12.9. Eberspächer (Germany)

              12.9.1.   Company overview

              12.9.2.   Financial performance

              12.9.3.   Battery Type Portfolio Analysis

              12.9.4.   Business Strategy & Recent Development

        12.10. Texas Instruments Inc (USA)

              12.10.1.   Company overview

              12.10.2.   Financial performance

              12.10.3.   Battery Type Portfolio Analysis

              12.10.4.   Business Strategy & Recent Development

         12.11. Elithion Inc (USA)

              12.11.1.   Company overview

              12.11.2.   Financial performance

              12.11.3.   Battery Type Portfolio Analysis

              12.11.4.   Business Strategy & Recent Development

 

List of Tables (59 Tables)

TABLE 1.  MARKET, By Battery Type, 2021-2030 (USD Million)

TABLE 2.  MARKET FOR Nickel-based, BY REGION, 2021-2030 (USD Million)

TABLE 3.  MARKET FOR Advanced Lead-Acid, BY REGION, 2021-2030 (USD Million)

TABLE 4.  MARKET FOR Lithium-ion, BY REGION, 2021-2030 (USD Million)

TABLE 5.  MARKET FOR Flow Batteries, BY REGION, 2021-2030 (USD Million)

TABLE 6. MARKET, By Application, 2021-2030 (USD Million)

TABLE 7. MARKET FOR Renewable Energy System, BY REGION, 2021-2030 (USD Million)

TABLE 8. MARKET FOR Consumer Electronics, BY REGION, 2021-2030 (USD Million)

TABLE 9. MARKET FOR Military and Defence, BY REGION, 2021-2030 (USD Million)

TABLE 10. MARKET FOR Automotive, BY REGION, 2021-2030 (USD Million)

TABLE 11. MARKET, BY TYPE, 2021-2030 (USD Million)

TABLE 12. MARKET FOR Stationary Battery, BY REGION, 2021-2030 (USD Million)

TABLE 13. MARKET FOR Motive Battery, BY REGION, 2021-2030 (USD Million)

TABLE 14. MARKET, By Topology, 2021-2030 (USD Million)

TABLE 15. MARKET FOR DISTRIBUTED, BY REGION, 2021-2030 (USD Million)

TABLE 16. MARKET FOR Modular, BY REGION, 2021-2030 (USD Million)

TABLE 17. MARKET FOR Centralized, BY REGION, 2021-2030 (USD Million)

TABLE 18. MARKET, BY REGION, 2021-2030 (USD Million)

TABLE 19. NORTH AMERICA MARKET, BY COUNTRY, 2021-2030 (USD Million)

TABLE 20. NORTH AMERICA MARKET, By Battery Type, 2021-2030 (USD Million)

TABLE 21. NORTH AMERICA MARKET, By Application, 2021-2030 (USD Million)

TABLE 22. NORTH AMERICA MARKET, BY TYPE, 2021-2030 (USD Million)

TABLE 23. EUROPE MARKET, BY COUNTRY, 2021-2030 (USD Million)

TABLE 24. EUROPE MARKET, By Battery Type, 2021-2030 (USD Million)

TABLE 25. EUROPE MARKET, By Application, 2021-2030 (USD Million)

TABLE 26. EUROPE MARKET, BY TYPE, 2021-2030 (USD Million)

TABLE 27. ASIA-PACIFIC MARKET, BY COUNTRY, 2021-2030 (USD Million)

TABLE 28. ASIA-PACIFIC MARKET, By Battery Type, 2021-2030 (USD Million)

TABLE 29. ASIA-PACIFIC MARKET, By Application, 2021-2030 (USD Million)

TABLE 30. ASIA-PACIFIC MARKET, BY TYPE, 2021-2030 (USD Million)

TABLE 31. LAMEA MARKET, BY COUNTRY, 2021-2030 (USD Million)

TABLE 32. LAMEA MARKET, By Battery Type, 2021-2030 (USD Million)

TABLE 33. LAMEA MARKET, By Topology, 2021-2030 (USD Million)

TABLE 34. LAMEA MARKET, BY TYPE, 2021-2030 (USD Million)

TABLE 35. LECLANCHE (SWITZERLAND): COMPANY SNAPSHOT

TABLE 36. LECLANCHE (SWITZERLAND): OPERATING SEGMENTS

TABLE 37. Toshiba Corporation (Japan): COMPANY SNAPSHOT

TABLE 38. Toshiba Corporation (Japan): OPERATING SEGMENTS

TABLE 39. Robert Bosch GmbH (Germany): COMPANY SNAPSHOT

TABLE 40. Robert Bosch GmbH (Germany): OPERATING SEGMENTS

TABLE 41. Panasonic Corporation (Japan): COMPANY SNAPSHOT

TABLE 42. Panasonic Corporation (Japan): OPERATING SEGMENTS

TABLE 43. Midtronics Inc. (US): COMPANY SNAPSHOT

TABLE 44. Midtronics Inc. (US): OPERATING SEGMENTS

TABLE 45. ST Microelectronics: COMPANY SNAPSHOT

TABLE 46. ST Microelectronics: OPERATING SEGMENTS

TABLE 47. Deutz AG (Germany): COMPANY SNAPSHOT

TABLE 48. Deutz AG (Germany): OPERATING SEGMENTS

TABLE 49. Nuvation (US): COMPANY SNAPSHOT

TABLE 50. Nuvation (US): OPERATING SEGMENTS

TABLE 51. Eberspächer (Germany): COMPANY SNAPSHOT

TABLE 52. Eberspächer (Germany): OPERATING SEGMENTS

TABLE 53. Texas Instruments Inc (USA): COMPANY SNAPSHOT

TABLE 54. Texas Instruments Inc (USA): OPERATING SEGMENTS

TABLE 55. Elithion Inc (USA): COMPANY SNAPSHOT

TABLE 56. Elithion Inc (USA): OPERATING SEGMENTS

 

List of Figures (22 Figures)

Figure 1 Market: Research Methodology Steps

Figure 2 Research Design

Figure 3 Breakdown of Primaries: Market

Figure 4 Research Methodology: Hypothesis Building

Figure 5 Market: Battery Type-Based Estimation

Figure 6 Top 11 Companies with Highest No. Of Patent in Last 9 Years

Figure 7 No. Of Patents Granted Per Year, 2019–2021

Figure 8 Import Data for Battery Management System, By Country, 2016–2021 (USD Thousand)

Figure 9 Export Data for Battery Management System, By Country, 2016–2021 (USD Thousand)

Figure 10 Data Triangulation Methodology

Figure 11 Market, By Application, 2019 vs. 2025 (USD Million)

Figure 12 Market Share, By Type, 2019 vs. 2025 (USD Million)

Figure 13 Market Share, By Battery Type, 2019 vs. 2025 (USD Million)

Figure 14 Market Share, By Topology, 2019 vs. 2025 (USD Million)

Figure 15 Geographical Snapshot of the Market

Figure 16 Lithium-ion to Witness Higher CAGR in the Market for Battery Type Segment During the Forecast Period.

Figure 17 Automotive to Witness Higher CAGR in Market for Application Segment during Forecast Period.

Figure 18 Modular to Witness Higher CAGR in Market for Topology Segment during Forecast Period.

Figure 19 North America and Europe Accounted for the Largest Share of the Market, By Regional Basis, in 2019

Figure 20 Market: Drivers, Restraints, Opportunities, and Challenges

Figure 21 North America: Market Snapshot

Figure 22 Asia Pacific: Market Snapshot

Figure 23 Vendor Dive: Evaluation Overview