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Global Battery Monitoring Systems Market 2017-2021

Global Battery Monitoring Systems Market 2017-2021

About Battery Monitoring Systems

Battery monitoring systems comprise monitoring and control units, sensors, and software that are used to maintain and monitor battery health under optimal condition to make sure that it is performing to its full potential. The numerous advantages that batteries offer over other similar energy storage technologies and technological developments in different battery technologies over the years have increased the adoption of batteries for energy storage used in emergency and grid-scale applications. The use of these cells in highly demanding conditions where they regularly operate outside the quantified state leads to quicker degradation of the cell, thereby upsurging the chances of failure.

Technavio’s analysts forecast the global battery monitoring systems market to grow at a CAGR of 22.95% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global battery monitoring systems market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

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

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Battery Monitoring Systems Market 2017-2021, 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 vendors
  • ABB
  • BTECH
  • General Electric
  • NDSL Group
  • Vertiv
Other prominent vendors
  • 6th Energy Technologies
  • BatteryDAQ
  • Canara
  • Curtis Instruments
  • Dukosi
  • Eagle Eye Power Solutions
  • Eberspächer
  • Efftronics Systems
  • Enertect
  • GENEREX Systems
  • HBL Power Systems
  • Johnson Matthey Battery Systems
  • Linear Technology
  • Midtronics Stationary Power
  • Nuvation
  • PowerShield
  • Schneider Electric
  • Sosaley Technologies
  • Texas Instruments
Market driver
  • Improved consumer spending
  • For a full, detailed list, view our report
Market challenge
  • Lead pollution and stringent laws
  • For a full, detailed list, view our report
Market trend
  • Need for continual power supply spurring the use of ESS
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 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?


Press Release

Technavio Announces the Publication of its Research Report – Global Battery Monitoring Systems Market 2017-2021

Technavio recognizes the following companies as the key players in the global battery monitoring systems market: ABB, BTECH, General Electric, NDSL Group, and Vertiv.

Other Prominent Vendors in the market are: 6th Energy Technologies, BatteryDAQ, Canara, Curtis Instruments, Dukosi, Eagle Eye Power Solutions, Eberspächer, Efftronics Systems, Enertect, GENEREX Systems, HBL Power Systems, Johnson Matthey Battery Systems, Linear Technology, Midtronics Stationary Power, Nuvation, PowerShield, Schneider Electric, Sosaley Technologies, and Texas Instruments.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Need for continual power supply spurring the use of ESS. Voltage fluctuations, loss of power, and power surges are the primary causes of damage to electronics. The adoption of electronic devices and computer systems for personal, commercial, and industrial purposes has increased significantly. The use of electronics devices and computer systems is also heavily dependent on constant power supply to ensure continuity in daily operations. UPS systems ensure constant power supply to electronic equipment, thus preventing the loss of data and productivity. They also protect electrical appliances from distorted power failures and regulate power fluctuations. The increased need for constant power supply is expected to boost the growth of the global UPS battery market during the forecast period.”

According to the report, one of the major drivers for this market is Improved consumer spending. Growing urbanization and increase in the number of people earning in one household have led to the rise in disposable income worldwide. This rise in urbanization has led to an increase in the number of people knowing about golf. Consumer spending is a substantial economic factor as it generally matches with the total consumer confidence in a nation’s economy. High consumer confidence indicators naturally relate to higher levels of consumer spending in the economic market.

Further, the report states that one of the major factors hindering the growth of this market is Lead pollution and stringent laws. Lead-acid batteries account for more than six-seventh of the overall production of lead. The typical configuration of lead-acid batteries is lead plates that are positioned in sulfuric acid within a plastic casting. The recycling of lead-acid batteries lessens the number of disposable batteries as solid waste. Though batteries comprise a high amount of lead oxide toxins, they are injurious to the environment. Once lead-acid batteries halt yielding efficiency, they will eventually become unusable and will be considered as hazardous waste.

Companies Mentioned

ABB, BTECH, General Electric, NDSL Group, Vertiv, 6th Energy Technologies, BatteryDAQ, Canara, Curtis Instruments, Dukosi, Eagle Eye Power Solutions, Eberspächer, Efftronics Systems, Enertect, GENEREX Systems, HBL Power Systems, Johnson Matthey Battery Systems, Linear Technology, Midtronics Stationary Power, Nuvation, PowerShield, Schneider Electric, Sosaley Technologies, and Texas Instruments.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Essential components of a typical battery monitoring system
  • Market landscape
    • Market overview
      • Table Market overview: Global battery monitoring systems market
    • Market size and forecast
      • Table Global battery monitoring systems market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end-user
    • Global battery monitoring systems market by end-user
      • Table Global battery monitoring systems market by end-user 2016 and 2021 (%)
      • Table Global battery monitoring systems market by end-user 2016-2021 ($ billions)
    • Global battery monitoring systems market by automotive industry
      • Table Global battery monitoring systems market by automotive industry 2016-2021 ($billions)
    • Global battery monitoring systems market by energy industry
      • Table Global battery monitoring systems market by energy industry 2016-2021 ($ billions)
      • Table Global renewable investments 2000-2016 ($ billions)
      • Table Global energy storage market by renewable energy integration 2016-2021 ($billions)
    • Global battery monitoring systems market by telecom and data center industry
      • Table Global battery monitoring systems market by telecom and data center industry2016-2021 ($ billions)
      • Table Typical OPEX cost breakup of telecom towers in India 2016 (%)
  • Geographical segmentation
    • Global battery monitoring systems market by geography
      • Table Global battery monitoring systems market by geography 2016 and 2021 (%)
      • Table Global battery monitoring systems market by geography 2016-2021 ($ billions)
    • Battery monitoring systems market in the Americas
      • Table Battery monitoring systems market in the Americas 2016-2021 ($ billions)
    • Battery monitoring systems market in APAC
      • Table Battery monitoring systems market in APAC 2016-2021 ($ billions)
      • Table Global energy investment by major regions 2016 ($ billions)
    • Battery monitoring systems market in EMEA
      • Table Battery monitoring systems market in EMEA ($ billions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global disposable income and expenditure indices 2010-2016 (%)
      • Table Global cumulative electric car stock - BEV and PHEV 2010-2016 (thousands)
      • Table PHEV battery progress 2014-2016 (%)
    • Market challenges
      • Table Challenges of lead-acid batteries and their impact
  • Market trends
    • Need for continual power supply spurring the use of ESS
    • Implementation of hybrid power systems in telecom towers
      • Table Relationship between batteries and GHG emission reduction
    • Increasing market for green data centers
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
      • Table Other prominent vendors (indicative list)
  • Key vendor analysis
    • ABB
      • Table ABB: Key products
    • BTECH
      • Table BTECH: Key products
    • General Electric
      • Table General Electric: Key products
    • NDSL Group (Cellwatch)
      • Table NDSL Group (Cellwatch): Key products
    • Vertiv
      • Table Vertiv: Key products
  • Appendix
    • List of abbreviations
  • Explore Technavio

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