Automotive Lithium-Ion Battery Management System Market by Battery Type (Lithium Nickel Cobalt Manganese Oxide battery (NMC), Lithium Iron Phosphate battery (LFP), Lithium Nickel Manganese Spinel battery (LNMO), Lithium Nickel Cobalt Aluminum Oxide battery (NCA), Lithium Manganese Oxide (LMO), and Lithium Cobalt oxide (LCO)), Vehicle Type (Railways, Electric Vehicles (EV), Electric Two-wheelers, Electric Buses, and Others), and Topology (Centralized, Distributed, and Modular): Global Opportunity Analysis and Industry Forecast, 2020–2027
A07243 | Pages: NA | Jun 2021 | 690 Views | | |
Author(s) : NA | Tables: NA | Charts: NA | Formats*: | |
COVID-19
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Automotive Lithium-ion Battery Management System Market
Request Now !Automotive Lithium-Ion Battery Management System Market Outlook – 2027Â
A lithium-ion battery (LIB) is a type of rechargeable battery, which is commonly used in various industrial applications, such as automotive, medical devices, portable electronics, and even in aerospace. LIB is very popularly used in the field of electric vehicles because of high energy concentration, lightweight, and long cycle life; thereby, guaranteeing the safety and extended service life. Further, a battery management system (BMS) helps in monitoring the battery usage and plays a vital role in performance of a battery. This system additionally manages rechargeable battery by having a control over its operating area, balancing it, and defending the battery of an electric vehicle. Therefore, escalation in the demand of electric vehicles drives the adoption of lithium-ion battery management system. The reduced cost of lithium-ion batteries and high acceptance of these batteries in applications such as electric vehicles and renewable energy structures are expected to drive the market growth.
Market scope and structure analysis:
         Report Metric |                        Details |
 Market size available for years |  2020–2027 |
 Base year considered |  2019 |
 Forecast period |  2021–2027 |
 Forecast units |  Value (USD) |
 Segments covered | Battery Type, Vehicle Type, Topology, and Region |
 Geographies covered | North America (the U.S. and Canada), Europe (Germany, the UK, France, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, and Rest of LATAM) and The Middle East and Africa |
 Companies covered |
|
Â
COVID-19 scenario analysis:Â
- The pandemic has had a negative impact on the battery management system market size for the year 2020, an estimated of 2-3% of deviation is noticed in the growth of lithium-ion manufacturers due to coronavirus.
- Electric vehicle is an evolving industry, which is hampered due to an ongoing pandemic, as all type of production and installation across the affected countries had been shut down & all operations were disrupted.
- Majority of lithium-ion battery management system manufacturers are facing major issues such as closure of factories and unavailability of workforce due to the lockdowns, which further affects the production of the electric vehicles.
- As the governments all over the world have declared lockdown over the past few months, the demand and supply cycle of many global automotive lithium-ion battery manufacturers is vulnerable.
- The vendors in the automotive battery industry across the globe is being affected severely due to the restrictions on producers as well as the declared lockdowns, which in turn is affecting the lithium-ion vendors worldwide.
Top impacting factors: market scenario analysis, trends, drivers and impact analysis
Growth in trend of electric vehicles, need for effective electric grid management, and increase in requirement for battery monitoring in renewable energy systems drive the growth of the global market. However, lack of standardized regulations for developing lithium-ion battery management systems is expected to hamper the growth of the market. On the contrary, increase in adoption of battery-operated public transport vehicles & government initiatives encouraging the use of electric vehicles and setting up of e-charging stations creates a favorable condition for the adoption of electric vehicles, which are anticipated to provide lucrative opportunity for the market growth.
The automotive lithium-ion battery management system market trends are as follows:
Increase in adoption of battery-operated public transport vehicles
The transportation segment is the second largest contributor to the carbon-emissions after the industrial segment and due to increase in the prices of petrol and diesel, an indirect push toward the battery-operated vehicles has been observed. Several carbon-discharge controlling regulations regarding fuel-operated buses have compelled manufacturers to take measures for reducing its fuel consumption significantly; thereby increasing 100,000 electric buses on road by 2020. With increase in number of electric buses deployed, there will be reduction in the emission of greenhouse gases and air pollutants. Therefore, growing demand for low-carbon emitting buses boosts the growth of the automotive lithium-ion battery management system market.
Key segments covered:
         Segments |                     Sub-segments |
 Battery Type |
|
 Vehicle Type |
|
 Topology |
|
 Region |
|
Â
Key benefits of the report:
- This study presents the analytical depiction of the automotive lithium-ion battery management system industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with challenges of the market.
- The current market is quantitatively analyzed from 2019 to 2027 to highlight the automotive lithium-ion battery management system market growth scenario.
- We can also determine that lithium-ion battery will remain a significant revenue shareholder in the automotive lithium-ion battery management system market during the forecast period.
Questions answered in the global automotive lithium-ion battery management system market research report:
- Which are the leading market players active in the automotive lithium-ion battery management system market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What are the projections for the future that would help in taking further strategic steps?
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
- Technologically sophisticated and reliable insights through well audited and veracious research methodology
- Sovereign research proceeds that present a tangible depiction of marketplace
With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develops analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth and forecasts
Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
- Chief executives and VPs of leading corporations specific to industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
Access from any device, anywhere
Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.
REQUEST TOC/SAMPLE
Purchase Full Report of
Automotive Lithium-Ion Battery Management System Market
- Online Only
-
$3,456$3,110 - Online cloud access only
- Restricted print, copy, paste & download
- Read only
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Data Pack
-
$3,840$3,456 - Restricted to one authorized user
- One print only
- Available in
Excel - Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Single User
-
$5,769$5,192 - Restricted to one authorized user
- One print only
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Five Users
-
$6,450$5,805 - Limited to five authorized users
- Print upto five copies
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
-
Enterprise
License/PDF -
$8,995$8,096 - Unlimited
within
company/enterprise - Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Library Membership
- $ 699/mo
- Published Content
E-access - Company Profiles
E-access - Newly Added Content Access
- 10 PDF
Downloads - 5 Excel Data
Pack Downloads - 250 Company Profiles PDF Downloads
-
Start reading.
Buy Now
This title and over 12,000+ are available on the Avenue Library. T&C*.
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers
Featured Reports
Get fresh content delivered
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers