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    Home > Research Reports > Automotive Battery Management System Market is estimated to reach US$ 15.3 Bn by the end of 2029
    Research Reports

    Automotive Battery Management System Market is estimated to reach US$ 15.3 Bn by the end of 2029

    Automotive Battery Management System Market is estimated to reach US$ 15.3 Bn by the end of 2029

    Published by Jessica Weisman-Pitts

    Posted on January 31, 2022

    Featured image for article about Research Reports

    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.”

    Request a Sample of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-1694

    Key Takeaways of Automotive Battery Management System Market Study

    • Consumer demand across the globe is beginning to bend in favor of electric vehicles, and has strong disruption potential with governments providing purchasing incentives and subsidiaries.
    • With the dawn of electro-mobility and the resulting increase in EV production, automakers are offering tailored electric vehicles with modification in battery management systems.
    • APEJ is anticipated to remain the fastest-growing region in the automotive battery management system market during the forecast years, owing to several countries encouraging the usage of EVs. China leads the global fleet of electric vehicles.
    • Hybrid electric vehicles hold more than two-third of the global EV fleet. Increasing sales of HEVs are foreseen to fuel the demand for battery management systems in the future.
    • Electric vehicle fleet is significantly low as compared to ICE vehicles. As a result, the OEM sales channel is projected to retain its prominence throughout the forecast period.
    • Although centralized BMS account for a lion’s share in the global market, modular BMS are expected to witness high growth due to its superior functional benefits over its counterparts.

    Download PDF Brochure @ https://www.futuremarketinsights.com/reports/brochure/rep-gb-1694

    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

    • Electric Vehicles
    • Passenger Cars
      • HEVs
      • PHEVs
      • BEVs
    • Commercial Vehicles
      • HEVs
      • PHEVs
      • BEVs
    • Golf Carts
    • E-Bikes

    Connection Topology

    • Centralized
    • Distributed
    • Modular

    Sales Channel

    • OEMs
    • Aftermarket

    Region

    • North America
    • Latin America
    • Western Europe
    • Eastern Europe
    • APEJ
    • Middle East & Africa
    • Japan

    Pre-Book Report @ https://www.futuremarketinsights.com/checkout/1694

    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.

    Top Reports Related To Automotive Market Insights

    Golf Cart Market : Increasing urbanization and inclination towards the environment friendly options are key factors driving market of golf cart. As per a Future Market Insights (FMI) analysis, the global golf cart market is estimated to be valued at ~US$ 2.59 Bn in 2021, expanding at a CAGR of ~4.3% during the forecast period from 2021 to 2031. While the COVID-19 outbreak hampered sales to an extent, the market is likely to recover 2021 onwards.

    Automotive Interior Leather Market : Globalization of the automobile industry and rising demand for automotive interior customization are expected to remain chief driving factors of the global automotive interior leather market. According to Future Market Insights (FMI), the global automotive interior leather market is estimated to be valued at ~US$ 29.9 Bn in 2021.

    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.

    Contact

    Future Market Insights
    Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
    Jumeirah Lakes Towers, Dubai,
    United Arab Emirates
    MARKET ACCESS DMCC Initiative
    For Sales Enquiries: sales@futuremarketinsights.com
    For Media Enquiries: press@futuremarketinsights.com
    Website: https://www.futuremarketinsights.com
    Report: https://www.futuremarketinsights.com/reports/automotive-battery-management-system-market
    Press Release Source: https://www.futuremarketinsights.com/press-release/automotive-battery-management-system-market

    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.”

    Request a Sample of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-1694

    Key Takeaways of Automotive Battery Management System Market Study

    • Consumer demand across the globe is beginning to bend in favor of electric vehicles, and has strong disruption potential with governments providing purchasing incentives and subsidiaries.
    • With the dawn of electro-mobility and the resulting increase in EV production, automakers are offering tailored electric vehicles with modification in battery management systems.
    • APEJ is anticipated to remain the fastest-growing region in the automotive battery management system market during the forecast years, owing to several countries encouraging the usage of EVs. China leads the global fleet of electric vehicles.
    • Hybrid electric vehicles hold more than two-third of the global EV fleet. Increasing sales of HEVs are foreseen to fuel the demand for battery management systems in the future.
    • Electric vehicle fleet is significantly low as compared to ICE vehicles. As a result, the OEM sales channel is projected to retain its prominence throughout the forecast period.
    • Although centralized BMS account for a lion’s share in the global market, modular BMS are expected to witness high growth due to its superior functional benefits over its counterparts.

    Download PDF Brochure @ https://www.futuremarketinsights.com/reports/brochure/rep-gb-1694

    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

    • Electric Vehicles
    • Passenger Cars
      • HEVs
      • PHEVs
      • BEVs
    • Commercial Vehicles
      • HEVs
      • PHEVs
      • BEVs
    • Golf Carts
    • E-Bikes

    Connection Topology

    • Centralized
    • Distributed
    • Modular

    Sales Channel

    • OEMs
    • Aftermarket

    Region

    • North America
    • Latin America
    • Western Europe
    • Eastern Europe
    • APEJ
    • Middle East & Africa
    • Japan

    Pre-Book Report @ https://www.futuremarketinsights.com/checkout/1694

    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.

    Top Reports Related To Automotive Market Insights

    Golf Cart Market : Increasing urbanization and inclination towards the environment friendly options are key factors driving market of golf cart. As per a Future Market Insights (FMI) analysis, the global golf cart market is estimated to be valued at ~US$ 2.59 Bn in 2021, expanding at a CAGR of ~4.3% during the forecast period from 2021 to 2031. While the COVID-19 outbreak hampered sales to an extent, the market is likely to recover 2021 onwards.

    Automotive Interior Leather Market : Globalization of the automobile industry and rising demand for automotive interior customization are expected to remain chief driving factors of the global automotive interior leather market. According to Future Market Insights (FMI), the global automotive interior leather market is estimated to be valued at ~US$ 29.9 Bn in 2021.

    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.

    Contact

    Future Market Insights
    Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
    Jumeirah Lakes Towers, Dubai,
    United Arab Emirates
    MARKET ACCESS DMCC Initiative
    For Sales Enquiries: sales@futuremarketinsights.com
    For Media Enquiries: press@futuremarketinsights.com
    Website: https://www.futuremarketinsights.com
    Report: https://www.futuremarketinsights.com/reports/automotive-battery-management-system-market
    Press Release Source: https://www.futuremarketinsights.com/press-release/automotive-battery-management-system-market

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