Apr 13, 2021   SOURCE: BusinessWire

Global Vehicles Lithium-Ion Battery Management Systems Market 2020-2024: Increasing Adoption of Intelligent BMS and Rising Need for Efficient and Environment-Friendly Batteries - ResearchAndMarkets.com

The "Global Lithium-Ion Battery Management Systems for Vehicles Market 2020-2024" report has been added to ResearchAndMarkets.com's offering.

The lithium-ion battery management systems for vehicles market is poised to grow by $ 2.51 bn during 2020-2024, progressing at a CAGR of 22% during the forecast period.

The market is driven by the declining prices of li-ion batteries, increasing adoption of intelligent BMS, and rising need for efficient and environment-friendly batteries.

The reports on lithium-ion battery management systems for vehicles market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The lithium-ion battery management systems for vehicles market analysis includes application segment and geographical landscapes.

This study identifies the emergence of cloud-based BMS service as one of the prime reasons driving the lithium-ion battery management systems for vehicles market growth during the next few years. Also, increasing demand for li-ion battery in locomotives and development of robust, dynamic BMS will lead to sizable demand in the market.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading lithium-ion battery management systems for vehicles market vendors that include Continental AG, DENSO Corp., Infineon Technologies AG, LG Chem Ltd., Lithium Balance AS, Mitsubishi Electric Corp., Panasonic Corp., Renesas Electronics Corp., Samsung SDI Co. Ltd., and Tesla Inc.

Also, the lithium-ion battery management systems for vehicles market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Key Topics Covered:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019-2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • Automobile - Market size and forecast 2019-2024
  • Industrial - Market size and forecast 2019-2024
  • Locomotive - Market size and forecast 2019-2024
  • Market opportunity by Application

Customer Landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Volume drivers - Demand led growth
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Continental AG
  • DENSO Corp.
  • Infineon Technologies AG
  • LG Chem Ltd.
  • Lithium Balance AS
  • Mitsubishi Electric Corp.
  • Panasonic Corp.
  • Renesas Electronics Corp.
  • Samsung SDI Co. Ltd.
  • Tesla Inc.

Appendix

For more information about this report visit https://www.researchandmarkets.com/r/gyr7xz