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Battery Management System Market by Battery Type (Lithium-Ion, Advanced Lead-Acid, Flow Battery, & Nickle Battery), Component, Topology (Centralized, Modular, Distributed), Application, and Geography - Global Trend and Forecast to 2022

Battery Management System Market by Battery Type (Lithium-Ion, Advanced Lead-Acid, Flow Battery, & Nickle Battery), Component, Topology (Centralized, Modular, Distributed), Application, and Geography - Global Trend and Forecast to 2022

The battery management system market is expected to grow at a CAGR of 20.5% between 2016 and 2022 to reach USD 7.25 billion by 2022. The battery management system market is driven by factors such as the growing need for battery management in electric vehicles and hybrid electric vehicles. Moreover, the high demand for battery management systems from the renewable energy storage system applications and growing trend of battery-driven public transport further drives the market.

“BMS for lithium-ion based battery to witness maximum growth during the forecast period”
The BMS market for lithium-ion–based battery is expected to witness the highest growth rate duing the forecast period. The battery management system is integrated with lithium-ion–based batteries to protect and manage the battery pack. It is also integrated with lithium-ion–based batteries such as lithium polymer and lithium iron-phosphate among others. These lithium-ion batteries are widely used in applications in portable devices, electric vehicles, and renewable energy systems among others. The growth in these applications further drives the growth of the market.

“North America expected to hold the largest market share by 2022”
North America held the largest share of the global battery management system market in 2015 owing to the rapid adoption of battery management systems in various applications such as portable device, automotive, renewable energy storage system, and telecommunication among others in this region. Also, the growing trend of battery-powered automotive such as electric vehicles, e-bikes, and automated guided vehicle as well as the increasing number of projects in North America related to energy storage through renewable energy storage systems are expected to drive the battery management system market.

In the process of determining and verifying the market size for several segments and subsegments obtained through secondary research, extensive primary interviews were conducted with key opinion leaders.

The break-up of the profile of primary participants is given below:
By Company Type: Tier 1 – 43%, Tier 2 – 32%, and Tier 3 – 25%
By Designation: C-level – 53%, Director Level – 26%, Others – 21%
By Region: North America – 35%, Europe – 20%, APAC – 37%, RoW – 8%

The emerging trends of battery-driven public transport are likely to act as a significant application for battery the management system in the future. Many countries in Europe such as the U.K., Austria, Germany, Italy, and others are rapidly adopting trams and battery-driven buses to reduce emissions and ensure a green city. Battery management systems are used in trams and battery-driven buses to prevent over-charging and discharging of the battery, which is the main cause of inefficient battery life. It also manages the battery effectively and continuously supervises the state of charge of the vehicles. In addition to this, growth of datacenters is expected to create a major opportunity for the battery management system market in the coming years.

The major players in the battery management system market include Johnson Matthey Plc. (U.K.), Lithium Balance A/S (Denmark), Nuvation Engineering (U.S.), Valence Technology, Inc. (U.S.), Intersil Corporation (U.S.), Linear Technology Corp (U.S.), NXP Semiconductors N.V. (Netherlands), Texas Instruments Inc. (U.S.), Elithion Inc. (U.S.), Vecture Inc. (Canada), and Ventec SAS (France) among others.

The report will help the market leaders/new entrants in this market in the following ways:
1. This report segments the battery management system market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the subsegments across the different verticals and regions.
2. The report helps stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to better understand their competitors and gain more insights to enhance their position in the business. The competitive landscape section includes competitor ecosystem, new product develpoments, partnerships, and mergers & acquisitions.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • STUDY SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN & DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • BATTERY MANAGEMENT SYSTEM MARKET EXPECTED TO HAVE A HUGE GROWTH OPPORTUNITY IN APAC
    • BATTERY MANAGEMENT SYSTEM MARKET, BY BATTERY TYPE (2016-2022)
    • BATTERY MANAGEMENT SYSTEM MARKET, BY REGION AND APPLICATION
    • BATTERY MANAGEMENT SYSTEM MARKET, BY REGION (2016)
    • BATTERY MANAGEMENT SYSTEM MARKET, BY TOPOLOGY
    • BATTERY MANAGEMENT SYSTEM MARKET, BY COMPONENT
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET SEGMENTATION
      • BATTERY MANAGEMENT SYSTEM MARKET, BY BATTERY TYPE
      • BATTERY MANAGEMENT SYSTEM MARKET, BY COMPONENT
      • BATTERY MANAGEMENT SYSTEM MARKET, BY TOPOLOGY
      • BATTERY MANAGEMENT SYSTEM MARKET, BY APPLICATION
      • BATTERY MANAGEMENT SYSTEM MARKET, BY GEOGRAPHY
    • MARKET DYNAMICS
      • DRIVERS
        • Table DRIVER ANALYSIS
      • RESTRAINTS
        • Table RESTRAINT ANALYSIS
      • OPPORTUNITIES
        • Table OPPORTUNITY ANALYSIS
      • CHALLENGES
        • Table CHALLENGE ANALYSIS
  • INDUSTRY TRENDS
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
    • PORTER'S FIVE FORCES MODEL
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • INDUSTRY RIVALRY
  • BATTERY MANAGEMENT SYSTEM MARKET ANALYSIS, BY BATTERY TYPE
    • INTRODUCTION
      • Table BATTERY MANAGEMENT SYSTEM MARKET, BY BATTERY TYPE, 2013-2022 (USD MILLION)
    • LITHIUM-ION-BASED BATTERIES
      • Table BATTERY MANAGEMENT SYSTEM MARKET FOR LITHIUM-ION-BASED BATTERY, BY APPLICATION, 2013-2022 (USD MILLION)
    • ADVANCED LEAD-ACID BATTERIES
      • Table BATTERY MANAGEMENT SYSTEM MARKET FOR ADVANCED LEAD-ACID BATTERY, BY APPLICATION, 2013-2022 (USD MILLION)
    • FLOW BATTERIES
      • Table BATTERY MANAGEMENT SYSTEM MARKET FOR FLOW BATTERY, BY APPLICATION, 2013-2022 (USD MILLION)
    • NICKEL-BASED BATTERIES
      • Table BATTERY MANAGEMENT SYSTEM MARKET FOR NICKEL-BASED BATTERY, BY APPLICATION, 2013-2022 (USD MILLION)
    • OTHERS
      • SODIUM-SULFUR (NAS) BATTERIES
      • SOLID STATE BATTERIES
        • Table BATTERY MANAGEMENT SYSTEM MARKET FOR OTHER BATTERIES, BY APPLICATION, 2013-2022 (USD MILLION)
  • MARKET ANALYSIS, BY COMPONENT
    • INTRODUCTION
    • HARDWARE
      • BATTERY CONTROL UNIT
      • POWER MANAGEMENT IC
      • COMMUNICATION CHANNEL
    • SOFTWARE
      • Table BATTERY MANAGEMENT SYSTEM MARKET, BY COMPONENT, 2013-2022 (USD MILLION)
  • MARKET ANALYSIS, BY TOPOLOGY
    • INTRODUCTION
    • CENTRALIZED
    • MODULAR
    • DISTRIBUTED
      • Table BATTERY MANAGEMENT SYSTEM MARKET, BY TOPOLOGY, 2013-2022 (USD MILLION)
  • MARKET ANALYSIS, BY APPLICATION
    • INTRODUCTION
      • Table BATTERY MANAGEMENT SYSTEM MARKET, BY APPLICATION, 2013-2022 (USD MILLION)
    • AUTOMOTIVE
      • ELECTRIC VEHICLES
      • E-BIKES
      • AUTOMATED GUIDED VEHICLES
        • Table BATTERY MANAGEMENT SYSTEM MARKET FOR AUTOMOTIVE APPLICATION, BY TYPE, 2013-2022 (USD MILLION)
        • Table BATTERY MANAGEMENT SYSTEM MARKET FOR AUTOMOTIVE APPLICATION, BY BATTERY TYPE, 2013-2022 (USD MILLION)
        • Table BATTERY MANAGEMENT SYSTEM MARKET FOR AUTOMOTIVE APPLICATION, BY REGION, 2013-2022 (USD MILLION)
    • MILITARY
      • Table BATTERY MANAGEMENT SYSTEM MARKET FOR MILITARY APPLICATION, BY BATTERY TYPE, 2013-2022 (USD MILLION)
      • Table BATTERY MANAGEMENT SYSTEM MARKET FOR MILITARY APPLICATION, BY REGION, 2013-2022 (USD MILLION)
    • MEDICAL
      • Table BATTERY MANAGEMENT SYSTEM MARKET FOR MEDICAL APPLICATION, BY BATTERY TYPE, 2013-2022 (USD MILLION)
      • Table BATTERY MANAGEMENT SYSTEM MARKET FOR MEDICAL APPLICATION, BY REGION, 2013-2022 (USD MILLION)
    • PORTABLE DEVICE
      • CONSUMER ELECTRONICS
      • PORTABLE POWER TOOLS
      • PORTABLE BATTERIES
        • Table BATTERY MANAGEMENT SYSTEM MARKET FOR PORTABLE DEVICE APPLICATION, BY TYPE, 2013-2022 (USD MILLION)
        • Table BATTERY MANAGEMENT SYSTEM MARKET FOR PORTABLE DEVICE APPLICATION, BY BATTERY TYPE, 2013-2022 (USD MILLION)
        • Table BATTERY MANAGEMENT SYSTEM MARKET FOR PORTABLE DEVICE APPLICATION, BY REGION, 2013-2022 (USD MILLION)
    • TELECOMMUNICATION
      • Table BATTERY MANAGEMENT SYSTEM MARKET FOR TELECOMMUNICATION APPLICATION, BY BATTERY TYPE, 2013-2022 (USD MILLION)
      • Table BATTERY MANAGEMENT SYSTEM MARKET FOR TELECOMMUNICATION APPLICATION, BY REGION, 2013-2022 (USD MILLION)
    • RENEWABLE ENERGY SYSTEM
      • Table BATTERY MANAGEMENT SYSTEM MARKET FOR RENEWABLE ENERGY SYSTEM APPLICATION, BY BATTERY TYPE, 2013-2022 (USD MILLION)
      • Table BATTERY MANAGEMENT SYSTEM MARKET FOR RENEWABLE ENERGY SYSTEM APPLICATION, BY REGION, 2013-2022 (USD MILLION)
    • UNINTERRUPTED POWER SUPPLY (UPS)
      • Table BATTERY MANAGEMENT SYSTEM MARKET FOR UNINTERRUPTED POWER SUPPLY APPLICATION, BY BATTERY TYPE, 2013-2022 (USD MILLION)
      • Table BATTERY MANAGEMENT SYSTEM MARKET FOR UNINTERRUPTED POWER SUPPLY APPLICATION, BY REGION, 2013-2022 (USD MILLION)
    • OTHERS
      • MARINE
      • HOME APPLIANCES
        • Table BATTERY MANAGEMENT SYSTEM MARKET FOR OTHER APPLICATIONS, BY BATTERY TYPE, 2013-2022 (USD MILLION)
        • Table BATTERY MANAGEMENT SYSTEM MARKET FOR OTHER APPLICATIONS, BY REGION, 2013-2022 (USD MILLION)
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table BATTERY MANAGEMENT SYSTEM MARKET, BY REGION, 2013-2022 (USD MILLION)
    • NORTH AMERICA
      • U.S.
      • CANADA
      • MEXICO
        • Table BATTERY MANAGEMENT SYSTEM MARKET IN NORTH AMERICA, BY COUNTRY, 2013-2022 (USD MILLION)
        • Table BATTERY MANAGEMENT SYSTEM MARKET IN NORTH AMERICA, BY APPLICATION, 2013-2022 (USD MILLION)
    • EUROPE
      • U.K.
      • GERMANY
      • FRANCE
      • REST OF EUROPE
        • Table BATTERY MANAGEMENT SYSTEM MARKET IN EUROPE, BY COUNTRY, 2013-2022 (USD MILLION)
        • Table BATTERY MANAGEMENT SYSTEM MARKET IN EUROPE, BY APPLICATION, 2013-2022 (USD MILLION)
    • ASIA-PACIFIC
      • CHINA
      • JAPAN
      • INDIA
      • REST OF ASIA-PACIFIC
        • Table BATTERY MANAGEMENT SYSTEM MARKET IN APAC, BY COUNTRY, 2013-2022 (USD MILLION)
        • Table BATTERY MANAGEMENT SYSTEM MARKET IN APAC, BY APPLICATION, 2013-2022 (USD MILLION)
    • REST OF THE WORLD
      • SOUTH AMERICA
      • MIDDLE EAST
      • AFRICA
        • Table BATTERY MANAGEMENT SYSTEM MARKET IN ROW, BY REGION, 2013-2022 (USD MILLION)
        • Table BATTERY MANAGEMENT SYSTEM MARKET IN ROW, BY APPLICATION, 2013-2022 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET RANKING ANALYSIS, 2015
      • Table BATTERY MANAGEMENT SYSTEM MARKET: MARKET RANKING ANALYSIS (2015)
    • COMPETITIVE SITUATION AND TRENDS
      • NEW PRODUCT LAUNCHES
        • Table MOST SIGNIFICANT NEW PRODUCT LAUNCHES IN THE BATTERY MANAGEMENT SYSTEM MARKET
      • COLLABORATIONS & PARTNERSHIPS
        • Table MOST SIGNIFICANT COLLABORATIONS AND PARTNERSHIPS IN THE BATTERY MANAGEMENT SYSTEM MARKET
      • AGREEMENTS & CONTRACTS
        • Table MOST SIGNIFICANT AGREEMENTS AND CONTRACTS IN THE BATTERY MANAGEMENT SYSTEM MARKET
  • COMPANY PROFILES
    • INTRODUCTION
    • JOHNSON MATTHEY PLC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • LITHIUM BALANCE A/S
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • NUVATION ENGINEERING
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • VALENCE TECHNOLOGY, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • INTERSIL CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • LINEAR TECHNOLOGY CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • NXP SEMICONDUCTORS N.V.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • TEXAS INSTRUMENTS INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • ELITHION INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • VECTURE INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • VENTEC SAS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS

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