DUBLIN--(BUSINESS WIRE)--Jul 5, 2018--The "LAMEA Battery Monitoring System Market Analysis (2017-2023)" report has been added to ResearchAndMarkets.com's offering.

The Latin America, Middle East and Africa Battery Monitoring System Market is expected to witness market growth of 20.7% CAGR during the forecast period (2017 - 2023).

Growing investment into data centers and renewable power generation is a factor that is expected to drive the market growth. Superior levels of operational efficiency of batteries and growing demand for electric vehicles is expected to further contribute to the growth of the battery monitoring systems market. The larger energy storage projects, especially in the solar and wind power storage systems require precise guide on storage types and sizes. Also, larger energy storage systems put to use large number of battery monitors, which are used in obtaining accurate and real-time results of desired parameters. The need for more number of battery monitoring systems is expected to have direct influence on the total cost.

Based on component Type, the Battery Monitoring System market segments the market into Hardware and Software. Based on Type, the market report segments the market into Lithium-Ion Based Battery, Lead Acid Battery, and Others. Based on Connectivity Type, the Battery Monitoring System market segments the market into Wireless Battery Monitoring System and Wired Battery Monitoring System. Based on Vertical, the Battery Monitoring System market segments the market into Telecommunications, Industries, Energy, Automotive, and Others.

Companies Mentioned

Benchmark Electronics Inc. Texas Instruments Incorporated Socomec Eagle Eye Networks, Inc. PowerShield BatteryDAQ Company Schneider Electric SE ABB Group NDSL Group Limited General Electric (GE)

Key Topics Covered:

1. Market Scope & Methodology

2. Market Overview

3. LAMEA Battery Monitoring System Market

4. LAMEA Battery Monitoring System Market by Battery Type

5. LAMEA Battery Monitoring System Market by Connectivity Type

6. LAMEA Battery Monitoring System Market by Vertical

7. LAMEA Battery Monitoring System Market by Country

8. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/m3rm52/lamea_battery?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180705005190/en/

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Related Topics:Battery Technology

KEYWORD:

INDUSTRY KEYWORD: ENERGY UTILITIES TECHNOLOGY OTHER TECHNOLOGY

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 07/05/2018 05:38 AM/DISC: 07/05/2018 05:38 AM

http://www.businesswire.com/news/home/20180705005190/en