Battery Management System Market to Register High Revenue Growth at 19.9% CAGR During 2015-2025
Future Market Insights (FMI) delivers key insights on the global battery management system (BMS) market in its latest report titled, "Battery Management System Market: Global Industry Analysis and Opportunity Assessment, 2015–2025". Global battery management system market revenue is expected to increase at a CAGR of 19.9% during the forecast period (2015–2025). Battery management system is an electronic system that helps to maintain optimal health of rechargeable batteries. BMS controls load environment, monitors battery state and accordingly balances battery charging.