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  • Battery Management Modules Industry Key Manufacturers, Trends, Analysis and 2025 Forecasts

    (I-SoftwareNews.Com, February 12, 2018 ) The Battery Management System (BMS) monitors battery state, controls load environment and accordingly balances the battery charging. Battery management system is beneficial for safeguarding extended battery life, restraining battery damage caused by voltage fluctuations and overcharging, handling optimum state of battery charging and enabling BMS combines with host application to offer real-time information concerning battery health. The system follows three kinds of topologies i.e. centralized, modular and distributed. Distributed BMS comprise of only one communication cable controller and battery with a cell board connected to each cell. Modular BMS consist of multiple controllers which control certain number of cells that communicate with each other. Centralized BMS include single controller that is linked to battery cells through communication wires.

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    The electronics manufacturers are concentrating on producing small versions of electronic products, resulting in reduced size of BMS. Rising demand for reducing fuel costs and maximizing vehicle competence has led to technological progressions in EV and HEV. To upsurge utilization of battery storage ability and evade hazardous incidents caused by battery overheating, Original Equipment Manufacturers (OEM) of e-bikes and e-vehicles are integrating BMS systems in these vehicles. The global market for BEM is experiencing complex competition due to existence of huge number of manufacturer.

    The global battery management system market is segmented by topology into distributed, centralized and modular. Further, the market is segmented by component that includes battery, DC/DC converter, power module and communication channel. Also, the global battery management market is bifurcated on the basis of end-user into automotive, consumer/handheld and energy. This market is also bisected by regions i.e. Europe, APAC, North America, South America and Middle East & Africa.

    The global market for battery management system is dominated by Asia Pacific owing to existence of major automotive manufacturers and increasing usage of hybrid and electric vehicles in China. Europe and North America covers the second largest share in the market.


    Companies Mentioned

    -L&T Technology Services

    -Electric Vehicle Innovative Systems

    -Valence Technology, Inc.

    -Panacis Inc

    -Johnson Matthey PLC

    -Merlin Equipment Ltd.

    -Vecture Inc.

    -Toshiba Corporation

    -Lithium Balance Corporation

    -SK Continental E-motion

    -Nuvation Engineering

    -TWS

    View Complete Report at http://www.theinsightpartners.com/reports/battery-management-modules-market

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