Rockville, MD -- (SBWire) -- 06/28/2019 -- Fact.MR has recently published a study on battery management system market in a report titled, "Battery Management System Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2018 to 2027." The battery management system market report is a comprehensive source of all the vital facets of the market. A thorough analysis of market dynamics such as market drivers, challenges, trends and opportunities in the battery management system market has been included. In addition, study of associated industry assessment and in-depth regional analysis backed by a thorough country-wise assessment delivers the most credible actionable insights of the battery management system market.

Over 10 million battery management systems are likely to be sold in 2019, which will nearly 20% increase over 2018, according to Fact.MR's latest study. The optimistic growth of the battery management system market can be attributed to,

Electrification of the automotive industry that heavily relies on batteries
Development of high power batteries and increasing demand for improved battery management system
Significant investments by OEMs to develop efficient and reliable battery management systems
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Table of Content

1. Global Battery Management System Market - Executive Summary

2. Global Battery Management System Market Overview
2.1. Introduction
2.1.1. Global Battery Management System Market Taxonomy
2.1.2. Global Battery Management System Market Definition
2.2. Global Battery Management System Market Size (US$ Mn & Volume) and Forecast, 2013-2027
2.2.1. Global Battery Management System Market Y-o-Y Growth
2.3. Global Battery Management System Market Dynamics
2.4. Supply Chain
2.5. Cost Structure
2.6. PESTLE Analysis
2.7. Raw Material Sourcing Strategy and Analysis
2.8. List of Distributors
2.9. Key Participants Market Presence (Intensity Map) By Region

3. Global Battery Management System Market Analysis and Forecast 2013-2027 
3.1. Global Battery Management System Market Size and Forecast By Topology, 2013-2027
3.1.1. Centralized Market Size and Forecast, 2013-2027
3.1.1.1. Revenue (US$ Mn) & Volume Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Modular  Market Size and Forecast, 2013-2027
3.1.2.1. Revenue (US$ Mn) & Volume Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region
3.1.3. Distributed Market Size and Forecast, 2013-2027
3.1.3.1. Revenue (US$ Mn) & Volume Comparison, By Region
3.1.3.2. Market Share Comparison, By Region
3.1.3.3. Y-o-Y growth Comparison, By Region
3.2. Global Battery Management System Market Size and Forecast By Components, 2013-2027
3.2.1. Battery Management Unit Market Size and Forecast, 2013-2027
3.2.1.1. Revenue (US$ Mn) & Volume Comparison, By Region
3.2.1.2. Market Share Comparison, By Region
3.2.1.3. Y-o-Y growth Comparison, By Region
3.2.2. Communication Unit Market Size and Forecast, 2013-2027
3.2.2.1. Revenue (US$ Mn) & Volume Comparison, By Region
3.2.2.2. Market Share Comparison, By Region
3.2.2.3. Y-o-Y growth Comparison, By Region

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North America Continues Ascendancy in the Market, APEJ and MEA to Witness Higher Growth Rate

With volume sales of nearly 4 million units, North America is projected to reserve its pole position in the battery management system market in 2019. Europe is estimated to follow North America, albeit growing at a faster rate. These developed regions with their flourishing automotive industry and increasing power demand present the most lucrative market for battery management system.

Developing countries such as China and GCC countries in APEJ and MEA regions present growing demand for battery management system. Fact.MR study finds that APEJ and MEA will witness rapid growth in the coming years, wherein both the regions are expected to register over 23% growth in 2019.

Battery Management System Market - Competitive Landscape

The competitive landscape section of the battery management system market report delivers vital information regarding future and present competition scenario. A dashboard view of all the key players in the battery management system market can be found in the section. Further, important information such as product offerings, business development, relative Battery Management System Market Size and global market footprints of all the key players in the battery management system market can be found in the competitive landscape section.

Few of the key players profiled in the battery management system market include Eberspaecher Vecture Inc., Toshiba Corporation, Larsen & Turbo Technology Services, AVL List GmbH, Lithium Balance A/S, Johnson Matthey Plc., Texas Instrument Inc., NXP Semiconductors NV, Nuvation Engineering, and Merlin Equipment Ltd.

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