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City of Industry, CA -- (SBWIRE) -- 06/30/2018 -- This report studies the global Battery Management System market status and forecast, categorizes the global Battery Management System market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).
A battery management system (BMS) is any electronic system that manages a rechargeable battery (cell or battery pack), such as by protecting the battery from operating outside its Safe Operating Area, monitoring its state, calculating secondary data, reporting that data, controlling its environment, authenticating it and / or balancing it.
The battery management system for lithium-ion–based battery leads the battery management system market since lithium-ion–based battery is popular in various application industries owing to its high energy and power density, light weight, and low standby losses.
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North America held the largest share of the battery management system market in 2017, while the market in Asia-Pacific is expected to grow at a high rate during the forecast period and lead the BMS market by 2023. The high growth of the Asia-Pacific region is attributed to the presence of a number of leading portable devices manufacturers and the demand for battery management from countries such as China and Japan owing to the increasing adoption of electric vehicles in these countries.
The major manufacturers covered in this report
Johnson Matthey
Lithium Balance
Nuvation Engineering
Valence Technology
Intersil
Linear
NXP Semiconductors
Texas Instruments
Elithion
Vecture
Ventec
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
Southeast Asia
India
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