Global Automotive Battery Management System Market 2020-2024
- June 2020 •
- 120 pages •
- Report ID: 4456960 •
- Format: PDF
The analyst has been monitoring the automotive battery management system market and it is poised to grow by $ 1.89 bn during 2020-2024 progressing at a CAGR of 16% during the forecast period. Our reports on automotive battery management system market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the use of communication protocols and smart sensor, increasing demand for electric and hybrid vehicles and declining prices of Li-ion batteries. In addition, use of communication protocols and smart sensor is anticipated to boost the growth of the market as well.
The automotive battery management system market analysis includes application segment and geographical landscapes
The automotive battery management system market is segmented as below:
• Hybrid electric vehicles
• Battery electric vehicles
• Other vehicles
By Geography landscapes
• North America
• South America
This study identifies the intelligent automotive battery management system as one of the prime reasons driving the automotive battery management system market growth during the next few years. Also, development of robust, dynamic BMS and emergence of cloud-based BMS service will lead to sizable demand in the market.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our automotive battery management system market covers the following areas:
• Automotive battery management system market sizing
• Automotive battery management system market forecast
• Automotive battery management system market industry analysis"