July 30, 2021

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The excellent automotive artisans1

$ 714 Mn growth expected in Automotive Battery Management System Market | Increasing Demand for Electric and Hybrid vehicles to boost growth

NEW YORK, May 20, 2021 /PRNewswire/ — Technavio has been monitoring the automotive battery management system market and it is poised to grow by USD 714.41 million during 2021-2025, progressing at a CAGR of almost 7{184722e0e226bcc33313b73fd463388417f454aa3a20797559fe2c0007fff18a} during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio has announced its latest market research report titled Automotive Battery Management System Market by Type, Application, and Geography – Forecast and Analysis 2021-2025

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Frequently Asked Questions:

  • Based on segmentation by type, which is the leading segment in the market?
    Based on the segmentation by type, the market witnessed maximum growth in the lithium-ion segment in 2020.

  • What are the major trends in the market?
    The advent of intelligent automotive battery management systems is the major trend in the market.

  • At what rate is the market projected to grow?
    The market is projected to grow at a CAGR of almost 7{184722e0e226bcc33313b73fd463388417f454aa3a20797559fe2c0007fff18a} during the forecast period.

  • Who are the top players in the market?
    Contemporary Amperex Technology Co. Ltd., Continental AG, DENSO Corp., HELLA GmbH & Co. KGaA, Infineon Technologies AG, Johnson Matthey Plc, JTT Electronics Ltd., LG Chem Ltd., Lithium Balance AS, and Marelli Holdings Co. Ltd. are the top players in the market.

  • What are the key market drivers and challenges?
    The market is driven by the increasing demand for electric and hybrid vehicles. However, complexities in designing automotive battery management systems might challenge growth.

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Buy 1 Technavio report and get the second for 50{184722e0e226bcc33313b73fd463388417f454aa3a20797559fe2c0007fff18a} off. Buy 2 Technavio reports and get the third for free.

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Contemporary Amperex Technology Co. Ltd., Continental AG, DENSO Corp., HELLA GmbH & Co. KGaA, Infineon Technologies AG, Johnson Matthey Plc, JTT Electronics Ltd., LG Chem Ltd., Lithium Balance AS, and Marelli Holdings Co. Ltd. are some of the major market participants. Although the increasing demand for electric and hybrid vehicles will offer immense growth opportunities, complexities in designing automotive battery management systems are likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this automotive battery management system market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.

Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Automotive Battery Management System Market 2021-2025: Segmentation
Automotive Battery Management System Market is segmented as below:

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43863

Automotive Battery Management System Market 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The automotive battery management system market report covers the following areas:

  • Automotive Battery Management System Market Size

  • Automotive Battery Management System Market Trends

  • Automotive Battery Management System Market Industry Analysis

This study identifies the advent of intelligent automotive battery management systems as one of the prime reasons driving the Automotive Battery Management System Market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Automotive Battery Management System Market 2021-2025: Key Highlights

  • CAGR of the market during the forecast period 2021-2025

  • Detailed information on factors that will assist automotive battery management system market growth during the next five years

  • Estimation of the automotive battery management system market size and its contribution to the parent market

  • Predictions on upcoming trends and changes in consumer behavior

  • The growth of the automotive battery management system market across APAC, Europe, North America, South America, and MEA

  • Analysis of the market’s competitive landscape and detailed information on vendors

  • Comprehensive details of factors that will challenge the growth of automotive battery management system market vendors

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem

  • Value chain analysis

Market Sizing

Five Forces Analysis

Market Segmentation by Application

  • Market segments

  • Comparison by Application

  • Hybrid electric vehicles – Market size and forecast 2020-2025

  • Battery electric vehicles – Market size and forecast 2020-2025

  • Other vehicles – Market size and forecast 2020-2025

  • Market opportunity by Application

Market Segmentation by Type

  • Market segments

  • Comparison by Type

  • Lithium-ion – Market size and forecast 2020-2025

  • Others – Market size and forecast 2020-2025

  • Market opportunity by Type

Customer landscape

Geographic Landscape

  • Geographic segmentation

  • Geographic comparison

  • APAC – Market size and forecast 2020-2025

  • Europe – Market size and forecast 2020-2025

  • North America – Market size and forecast 2020-2025

  • South America – Market size and forecast 2020-2025

  • MEA – Market size and forecast 2020-2025

  • Key leading countries

  • Market opportunity by geography

  • Market drivers

  • Market challenges

  • Market trends

Vendor Landscape

  • Vendor landscape

  • Landscape disruption

  • Competitive Scenario

Vendor Analysis

  • Vendors covered

  • Market positioning of vendors

  • Contemporary Amperex Technology Co. Ltd.

  • Continental AG

  • DENSO Corp.

  • HELLA GmbH & Co. KGaA

  • Infineon Technologies AG

  • Johnson Matthey Plc

  • JTT Electronics Ltd.

  • LG Chem Ltd.

  • Lithium Balance AS

  • Marelli Holdings Co. Ltd.

Appendix

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Report: www.technavio.com/report/automotive-battery-management-system-market-industry-analysis

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