Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multimedia
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multimedia
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

EV Battery Management System Market to be Worth $37.3 Billion by 2029 - Market Size, Share, Forecasts, and Trends Analysis Report with COVID-19 Impact by Meticulous Research®

This image opens in the lightbox

News provided by

Meticulous Market Research Pvt Ltd.

13 Oct, 2022, 13:00 GMT

Share this article

Share toX

Share this article

Share toX

REDDING, Calif., Oct. 13, 2022 /PRNewswire/ -- According to a new market research report titled, 'EV Battery Management Systems Market by Vehicle Type (Electric Cars, LCV, HCV, E-scooters & Motorcycles, and E-bikes), Configuration, Design, Topology, Voltage, Cell Balancing Method, and Geography – Global Forecast to 2029,' the EV battery management market is projected to reach $37.3 billion by 2029, at a CAGR of 30.5% from 2022 to 2029.

Download Free Report Sample Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=5337

A battery management system in an electric vehicle manages a rechargeable battery to ensure it operates safely and efficiently. BMS is designed to monitor the parameters associated with the battery pack and its cells, apply the collected data to eliminate safety risks and optimize battery performance.

The growth of this market is attributed to the increasing adoption of electric vehicles, the increasing safety concerns related to EV batteries, the increasing demand for fast charging batteries for e-mobility, and the increasing requirement for higher efficiency and performance of battery packs. However, the lack of standardized regulations for developing battery management systems and the high cost of battery management systems are expected to restrain the growth of this market. Furthermore, the increasing R&D investments for developing high energy density EV batteries and new cell chemistries for EV batteries offer potential growth opportunities for the players operating in this market.

Growing Demand for Fast-charging Batteries for E-mobility is Driving the Growth of the EV Battery Management Market

The demand for fast-charging batteries is increasing with the world's gradual shift toward electric mobility. While many different types of batteries are available in the market, fast-charging batteries are becoming increasingly popular due to their many benefits.

Speak to our Analysts to Understand the Impact of COVID-19 on Your Business: https://www.meticulousresearch.com/speak-to-analyst/cp_id=5337

Leading companies are focusing on investing in fast-charging infrastructure, in turn boosting the demand for fast-charging batteries. For instance, in 2022, BP p.l.c. (U.K.) and Iberdrola, S.A. (Spain) collaborated to invest USD 1 billion in rolling out a network of up to 11,000 rapid and ultra-fast public charging points across Spain and Portugal. The collaboration aims to install 5,000 fast-charge points by 2025 and the full network by 2030, including BP and Iberdrola's existing and future fast charging hubs. This rapid growth in fast-charging infrastructure supports the demand for EV battery management systems.

Increasing government subsidies and active infrastructure development by public utilities are contributing to the rapid deployment of fast public charging infrastructure worldwide. According to the Global EV Outlook 2022 report published by the International Energy Agency (IEA), in 2021, fast-charging installations in China reached 470,000, an increase of over 50% from 2020. In addition, the number of public fast chargers in Europe was up by over 30% (nearly 50,000 units), including 9,200 public fast chargers in Germany, 7,700 in the U.K., 6,700 in Norway, 4,500 in France, 2,600 in Spain, and 2,600 in the Netherlands. The U.S. has about 22,000 fast chargers, of which nearly 60% are Tesla superchargers. Korea has 15,000 fast chargers, a 50% increase from 2020.

Thus, the increasing deployment of fast-charging points has boosted the demand for fast-charging batteries, which is expected to drive the demand for EV battery management systems in the coming years.

The EV battery management systems market is segmented by vehicle type, configuration, design, topology, voltage, cell balancing method, and geography. The study also evaluates industry competitors and analyzes the market at regional and country levels.

Based on configuration, in 2022, the 96 to 132 cells segment is expected to account for the largest share of the EV battery management systems market. The large market share of this segment is attributed to the optimum weight to the power capacity of the battery pack, the increasing use of 96 cells to 132 cells in electric passenger cars, and the increasing lightweight battery packs with a high energy density trend.

Quick Buy – EV Battery Management System Market - Global Opportunity Analysis And Industry Forecast (2022-2029), Research Report: https://www.meticulousresearch.com/Checkout/51118385

Based on design, in 2022, the battery management systems segment is expected to account for the larger share of the EV battery management systems market. The large market share of this segment is attributed to the ability of the battery management systems to monitor the voltage and current in a battery pack, its cell balancing capabilities, and the ability to protect against overcharge and deep discharge.

Based on topology, in 2022, the modular BMS segment is expected to account for the largest share of the EV battery management systems market. It is the most preferred topology by battery manufacturers, offers significant computational power, and is safe as it does not require extensive wire harnesses. These factors are driving the growth of this segment.

Based on geography, in 2022, Asia-Pacific is expected to account for the largest share of the EV battery management systems market. The presence of prominent players in the EV battery management systems market is expected to contribute to this region's high revenue share. Additionally, the large share of this regional market is also attributed to the increasing investment by leading battery OMEs for setting up battery manufacturing capacities in emerging economies such as Thailand, Indonesia, and India and the growing number of start-ups offering numerous battery solutions.

The key players operating in the EV battery management market are Leclanché SA (Switzerland), Sensata Technologies Holding PLC (U.S.), Nuvation Energy (U.S.), Renesas Electronics Corporation (Japan), Eberspaecher Vecture Inc. (Canada), ST Microelectronics N.V. (Switzerland), Panasonic Corporation (Japan), LION Smart GmbH (Germany), Ewert Energy Systems, Inc. (U.S.), Navitas Systems LLC. (U.S.), NXP Semiconductors N.V. (Netherlands), Analog Devices, Inc. (U.S.), Merlin Equipment Ltd. (UK), BMS PowerSafe (France), and Maxim Integrated (U.S.).

To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/ev-battery-management-market-5337

Scope of the Report:

EV Battery Management System Market, by Vehicle Type  

  • Electric Cars
    • Battery Electric Vehicles
    • Plug-in Hybrid Electric Vehicles
    • Hybrid Electric Vehicles
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles
  • E-scooters & Motorcycles
  • E-bikes

EV Battery Management System Market, by Configuration

  • Up to 36 Cells
  • 48 Cells to 84 Cells
  • 96 Cells to 108 Cells
  • 144 Cells to 180 Cells
  • More Than 180 Cells

EV Battery Management System Market, by Design

  • Protection Circuit Model
  • Battery Management Systems

EV Battery Management System Market, by Topology

  • Centralized BMS
  • De-centralized BMS
  • Modular BMS

EV Battery Management System Market, by Voltage

  • Low-voltage BMS
  • High-voltage BMS

EV Battery Management System Market, by Cell Balancing Method

  • Active Cell Balancing
  • Passive Cell Balancing

EV Battery Management System Market, by Geography      

  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Thailand
    • Indonesia
    • Rest of Asia-Pacific
  • Europe
    • U.K.
    • Germany
    • France
    • Italy
    • Spain
    • Poland
    • Hungary
    • Norway
    • Sweden
    • Denmark
    • Rest of Europe
  • North America
    • U.S.
    • Canada
  • Latin America
  • Middle East & Africa

Download Free Report Sample Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=5337

Related Reports:

Electric Vehicle Charging Stations Market - Global Forecast to 2028

https://www.meticulousresearch.com/product/electric-vehicle-charging-stations-market-5078

Wireless Electric Vehicle (EV) Charging Systems Market — Global Forecast to 2027

https://www.meticulousresearch.com/product/wireless-electric-vehicle-charging-systems-market-5178

EV Charging Station Raw Materials Market - Global Forecast to 2028

https://www.meticulousresearch.com/product/ev-charging-station-raw-materials-market-5200

Electric Vehicle (EV) Market - Global Forecast to 2027

https://www.meticulousresearch.com/product/electric-vehicles-market-5179

Electric Car Market — Global Forecast to 2028

https://www.meticulousresearch.com/product/electric-car-market-5187

Electric Scooter Market - Global Forecast to 2028

https://www.meticulousresearch.com/product/electric-scooter-market-5191

Electric Vehicle Battery Market - Global Forecast to 2028

https://www.meticulousresearch.com/product/EV-battery-market-5210

Special Purpose Electric Vehicle Market - Global Forecast to 2029

https://www.meticulousresearch.com/product/special-purpose-electric-vehicle-market-5291

About Meticulous Research®

Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.

Contact:
Mr. Khushal Bombe
Meticulous Market Research Inc.
1267 Willis St, Ste 200 Redding, 
California, 96001, U.S.
USA: +1-646-781-8004
Europe : +44-203-868-8738
APAC: +91 744-7780008
Email- sales@meticulousresearch.com 
Visit Our Website: https://www.meticulousresearch.com/
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
Content Source: https://www.meticulousresearch.com/pressrelease/560/ev-battery-management-market-2029

Logo: https://mma.prnewswire.com/media/1757980/Meticulous_Research_Logo_1.jpg

Modal title

Also from this source

Automotive Event Data Recorder Market to Reach $3.2 Billion by 2032, Growing at a CAGR of 6.8% from 2025--Exclusive Report by Meticulous Research®

Automotive Event Data Recorder Market to Reach $3.2 Billion by 2032, Growing at a CAGR of 6.8% from 2025--Exclusive Report by Meticulous Research®

According to a new market research report titled "Automotive Event Data Recorder Market by Component (Hardware, Software, Services), Vehicle Type...

Battery Swapping Market to Reach $22.7 Billion by 2035, Growing at a CAGR of 28.6% from 2025--Exclusive Report by Meticulous Research®

Battery Swapping Market to Reach $22.7 Billion by 2035, Growing at a CAGR of 28.6% from 2025--Exclusive Report by Meticulous Research®

According to a new market research report titled "Battery Swapping Market by Swapping Type (Manual, Semi-Automated, Fully Automated), Vehicle Type...

More Releases From This Source

Explore

Utilities

Utilities

Electrical Utilities

Electrical Utilities

News Releases in Similar Topics

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.