Automotive Battery Management System MarketSize in terms of volume and value 201

Posted by Shirish Wadaskar on July 3rd, 2019

Hybrid electric vehicles and battery electric vehicles to showcase increased use of automotive battery management systems

Battery management system in automotive is an electronic system that assists in maintaining optimum health of rechargeable batteries in the vehicle. Automotive battery management system manages the vehicle batteries by exercising control on the load environment, monitoring the state of the vehicle battery and consequently balances the charging. There are several advantages of automotive battery management system in automotive. It helps in increasing the life of the battery, prevents damage to the battery owing to voltage fluctuations and overcharging, manages battery state by optimizing battery health and provides real time updates on the battery health. Cell balancing, safety and protection, cell monitoring, temperature control, power saver mode, data recording and monitoring the charging function are few of the features of automotive battery management system.

The research report on global automotive battery management system market talks about various market scenarios and dynamics that have an influence on the growth of the global market. Moreover, according to this research, the global market for automotive battery management systems is expected to touch an estimate of more than US$ 8 Bn by the end of the year of assessment (2027). This growth is largely supported by the increasing demand for E-bikes and electric vehicles.

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Shirish Wadaskar

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Shirish Wadaskar
Joined: December 22nd, 2016
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