Quick Summary:
Act boldly in a swiftly evolving automotive industry and confidently navigate your business towards potential growth areas with our in-depth report on the Global Automotive Battery Management Systems Market. With an industry worth an estimated US$7.8 Billion in 2022 and projected to rise to US$23.8 Billion by 2030, this valuable study opens up a wealth of opportunities.
This comprehensive report will arm you not only with detailed market insights but also furnish you with a competitive edge. From identifying the growth trajectory of key geographic markets such as the U.S., China, Japan, Canada, and Germany, to feature on 21 key competitors like Continental AG and Robert Bosch GmbH, this study offers an extensive analysis. With coverage on market presence across multiple geographies and online interactive peer-to-peer collaborations bespoke updates, invest in knowledge and gain access to critical market insights that enlighten your strategic decisions for a successful future.
Global Automotive Battery Management Systems Market to Reach $23.8 Billion by 2030
The global market for Automotive Battery Management Systems estimated at US$7.8 Billion in the year 2022, is projected to reach a revised size of US$23.8 Billion by 2030, growing at a CAGR of 15% over the analysis period 2022-2030. BEV, one of the segments analyzed in the report, is projected to record 15.5% CAGR and reach US$17.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the PHEV segment is readjusted to a revised 14.3% CAGR for the next 8-year period.
The U.S. Market is Estimated at $2.4 Billion, While China is Forecast to Grow at 14.3% CAGR
The Automotive Battery Management Systems market in the U.S. is estimated at US$2.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.1 Billion by the year 2030 trailing a CAGR of 14.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.3% and 12.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 11% CAGR.Select Competitors (Total 21 Featured) -
- Calsonic Kansei Corporation
- Continental AG
- Denso Corporation
- Ficosa Internacional SA
- Hitachi Automotive Systems Ltd.
- Keihin Corporation
- LG Chem Ltd.
- Lithium Balance A/S
- Mitsubishi Electric Corporation
- Robert Bosch GmbH
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Automotive Battery Management Systems?
What is the growth rate of the Global Market for Automotive Battery Management Systems?
What is the forecasted size of the Global Market for Automotive Battery Management Systems?
Who are the key companies in the Global Market for Automotive Battery Management Systems?
| Report Attribute | Details |
|---|---|
| No. of Pages | 234 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 7.8 Billion |
| Forecasted Market Value ( USD | $ 23.8 Billion |
| Compound Annual Growth Rate | 15.0% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Calsonic Kansei Corporation
- Continental AG
- Denso Corporation
- Ficosa Internacional SA
- Hitachi Automotive Systems Ltd.
- Keihin Corporation
- LG Chem Ltd.
- Lithium Balance A/S
- Mitsubishi Electric Corporation
- Robert Bosch GmbH
