Lucintel Forecasts Global Battery Management System Market to Reach $12.0 billion by 2030.

CITY, Country, 2023-Oct-12 — /EPR Network/ —

According to a market report by Lucintel, the future of the global battery management system market looks promising with opportunities in the automotive, industrial, renewable energy, telecommunication, and military and defense markets. The global battery management system market is expected to reach an estimated $12.0 billion by 2030 with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are growing demand for high-performance batteries, increasing usage of renewable energy sources, and rising trend of electric vehicles.

A more than 150 – page report is developed to understand trends, opportunity and forecast in battery management system market to 2030 by topology (centralized, modular, and distributed), battery type (lithium-ion, lead-acid, nickel-based, and others), application (automotive, industrial, telecommunications, military and defense, renewable energy, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

In this market, lithium-ion, lead-acid, and nickel-based are the major segments of battery management system market by Battery  type. Lucintel forecasts that lithium-ion will remain the largest segment over the forecast period.

Within this market, automotive will remain the highest growing segment over the forecast period.

APAC is expected to witness highest growth over the forecast period due to rising demand for electric vehicles (EVs) and renewable energy solutions in this region.

Sensata Technologies, Eberspächer, Panasonic Holdings, LG Energy, Texas Instruments, Infineon Technologies, and Analog Devices are the major suppliers in the battery management system market.

”

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056

Related reports

1. United States Residential Humidifier Market

 

2. Virtual Reality Headset Market

 

3. Household Appliances Market

 

4. Smartphone Market

 

5. Game Consoles Market

 

6. CMOS Image Sensors Market

 

7. Kitchen Appliances Market

 

8. Image Sensors Market

 

9. LED Market

 

10. Personal Computer Market