Published by Jessica Weisman-Pitts
Posted on January 31, 2022
4 min readLast updated: January 28, 2026
The automotive battery management system market is set to reach $15.3Bn by 2029, driven by electric vehicle demand and technological advancements.
In the near future, electric vehicles will dominate the clean vehicle market, and necessitate demand for revolutionary battery management systems. Steadily growing demand for battery management systems in e-bikes as well as electric cars will squarely surge market growth.
According to a new research report published by Future Market Insights (FMI), the automotive battery management system market is estimated to reach US$ 15.3 Bn by the end of 2029.
“In the foreseeable future, advancements in battery management systems will contribute towards extending vehicle range, while simultaneously improving battery life and safety. All major OEMs are ambitiously planning to boost electric vehicle production, which is projected to create significant opportunities for the global automotive battery management system market.”
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Key Takeaways of Automotive Battery Management System Market Study
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AUTOMOTIVE BATTERY MANAGEMENT SYSTEM MARKET TAXONOMY
The global automotive battery management system market is segmented in detail to cover every aspect of the market and present complete market intelligence to the reader.
Vehicle Type
Connection Topology
Sales Channel
Region
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Automotive Battery Management System Market: Competition Overview
The global automotive battery management system market is moderately consolidated, with a number of global as well as regional players operating in it. Analog Devices, Inc., Continental AG, Johnson Matthey Plc, and Robert Bosch GmbH are identified as prominent players in the global automotive battery management system market.
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About FMI
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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The article discusses the growth of the automotive battery management system market, projected to reach $15.3Bn by 2029.
The market is growing due to increased demand for electric vehicles and advancements in battery management technology.
The Asia-Pacific region is anticipated to be the fastest-growing market for automotive battery management systems.
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