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Global Automotive Battery Management System Market 2018-2022: CAGR to Grow at 22.42% Driven by Increasing Demand for Hybrid and Electric Vehicles - ResearchAndMarkets.com

May 14, 2018

DUBLIN--(BUSINESS WIRE)--May 14, 2018--The “Global Automotive Battery Management System Market 2018-2022” report has been added to ResearchAndMarkets.com’s offering.

The global automotive battery management system market to grow at a CAGR of 22.42% during the period 2018-2022.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is development of wireless automotive battery management system. One of the key trends in the automotive battery management system market is the development of wireless automotive battery management system. Automotive battery management systems are highly complex owing to the complicated physical connection of the system.

According to the report, one driver in the market is increasing demand for hybrid and electric vehicles. Internal combustion engine vehicles and non-renewable nature of petroleum-based fuels are causing air pollution. Government bodies across the world are compelled to encourage the use of hybrid and electric vehicles due to the rising pollution.

Further, the report states that one challenge in the market is high capital requirement and maintenance cost. Integrating electric vehicle with multiple battery cells significantly increases the cost of installing automotive battery management systems as each cell needs to be monitored individually.

Key Vendors

Calsonic Kansei Continental Denso Hitachi LG Chem Lithium Balance Panasonic Samsung

Key Topics Covered

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Market Landscape

5. Market Sizing

6. Five Forces Analysis

7. Market Segmentation by Application

8. Market Segmentation by Battery Type

9. Customer Landscape

10. Regional Landscape

11. Decision Framework

12. Drivers and Challenges

13. Market Trends

14. Vendor Landscape

15. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/wsv2c3/global_automotive?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180514005675/en/

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Related Topics:Automotive Batteries

KEYWORD:

INDUSTRY KEYWORD: ENERGY OTHER ENERGY AUTOMOTIVE OTHER AUTOMOTIVE

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 05/14/2018 08:49 AM/DISC: 05/14/2018 08:49 AM

http://www.businesswire.com/news/home/20180514005675/en

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