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Global Automotive Battery Management System Market to Grow at a CAGR of 22.17% During the Period 2016 - 2020; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Automotive Battery Management System Market 2016 - 2020” research report to their website


Lewes, DE -- (SBWIRE) -- 12/19/2016 -- Report forecast the global automotive battery management system market to grow at a CAGR of 22.17% during the period 2016-2020.

A battery management system (BMS) is an electronic system that helps to monitor and manage the lifecycle of rechargeable batteries. This system helps to maintain optimum battery health by monitoring every charging cycle, controlling the load fluctuations, and balancing the charging levels.

The report covers the present scenario and the growth prospects of the global automotive battery management system market for 2016-2020. To calculate the market size, the report considers a bottom-up approach, which accounts for the total revenue of key vendors and total unit sales of major electric vehicles in the market.

The market is divided into the following segments based on geography:
- Americas

According to the report, one of the major drivers for this market is increasing demand for H&E vehicles. Hybrid and electric vehicles are powered mainly by batteries. The battery pack in an HEV needs to tolerate massive charge (for sudden braking) and heavy discharge (for sudden speed boost). In addition, the SoC must be kept up to 80%, keeping space for regenerative charging, while simultaneously discharging sufficiently for a power boost. Hence, BMS is a crucial feature in these vehicles, guaranteeing healthy battery operations.

Further, the report states that one of the major factors hindering the growth of this market is lack of proper standards for development of BMS. The global BMS market sees the presence on many vendors who develop BMS solutions according to each battery specification. This varies in terms of the applications in which they are installed, the functions they provide, and the technical specifications.

Global Automotive Battery Management System Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global automotive battery management system market: DENSO, Johnson Matthey battery systems, LG Chem, and Lithium Balance.

Other Prominent Vendors in the market are: Ashwoods Energy, Calsonic Kansei, Clayton Power, Elithion, Hitachi Automotive Systems, Mitsubishi Electric, Preh, Tesla Motors, and Ventec.

Market driver
- Increasing demand for H&E vehicles
- For a full, detailed list, view our report

Market challenge
- Lack of proper standards for development of BMS
- For a full, detailed list, view our report

Market trend
- Advances in technology
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 67 pages and 50 Exhibits "Global Automotive Battery Management System Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by type of battery, Market segmentation by application, Geographical segmentation, Market drivers, Market challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

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