1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Electric Power
  5. > Energy Storage Market Trends

Global Battery Management Systems 

  • November 2015
  • 69 pages
  • Frost & Sullivan
Report ID: 3443683

Summary

Table of Contents

Global Battery Management Systems : Rising Adoption of Electric Vehicles, Energy Storage, and Aerospace & Defense Equipment Makes BMS Ubiquitous

A battery management system (BMS) is the brain behind the battery pack. It monitors and protects cells in a battery pack. The BMS market is diverse, with multiple applications that use a large number of battery packs. Rising demand for electric vehicles, energy storage systems, and aerospace and defense equipment powered by batteries make BMS an important component in daily life. BMS has evolved from a mere monitoring unit to an advanced, intelligent unit that decides what a battery should do at different modes of operation. This Market Insight discusses growth prospects and the highest BMS demand by application and region. It also examines the top market participants globally.

Key Findings

Battery management systems (BMS) are synonymous with the battery market, as most battery applications need BMS to monitor their state of health. Both follow the same growth pattern.

- BMS for electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs) is the highgrowth application; BMS accounts for % of the total battery cost.

- The increasing role of renewable integration is driving demand for stationary applications, including energy storage in residential, commercial, and industrial equipment. Telecom backup that includes both lithium-ion and lead acid battery usage is an important energy storage segment driving BMS demand.

- Aerospace and defense (A&D) is another important application driving BMS, where it is used for multiple battery chemistries and is available with much simpler, yet robust design and construction.

- The BMS market is becoming highly competitive, fragmented, and commoditized; exclusive BMS manufacturers have to compete against battery manufacturers and integrators, as well as power electronic component manufacturers.

- The United States, Germany, France, the United Kingdom, Italy, Saudi Arabia, Israel, Turkey, China, Japan, and South Korea contribute significantly towards BMS revenue.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Lithium Ion Cell and Battery Pack Market, Automotive, Medical, Grid Energy, and Industrial - Global Industry Analysis Size Share Growth Trends and Forecast 2017 - 2025

  • $ 5795
  • Industry report
  • June 2017
  • by Transparency Market Research

Global Lithium Ion Cell and Battery Pack Market: Scope of Study The key players in the lithium ion cell and battery pack market have been competitively profiled across the five broad geographic regions. ...

Flexible Battery Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

  • $ 5795
  • Industry report
  • June 2017
  • by Transparency Market Research

Global Flexible Battery Market: Overview Flexible batteries are the upcoming trend in the battery industry. These batteries are light in weight, flexible and user friendly. Its flexibility feature enables ...

Power Bank Market by Capacity Range, Number of USB Port, Energy Source, Battery Type, Application, and Region - Global Forecast to 2022

  • $ 5650
  • Industry report
  • May 2017
  • by MarketsandMarkets

“Power Bank market to exhibit a high growth between 2017 and 2022” The power bank market is expected to grow at a CAGR of 21.22% between 2017 and 2022 and is likely to be valued at USD 25.16 billion ...


ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.