Key Factors for Global Battery Management Systems Market Growth 2016

Press Release   •   Nov 09, 2016 12:02 EST

The development in the renewable energy storage segment is leading to an increase in the demand for rechargeable batteries which will be impacting BMS market significantly in coming years. Increasing popularity of rechargeable batteries is also due to utilization of battery backup in various applications such as military, healthcare and telecommunication. Anticipated growth in Power Grids and Automotive industry is also a clear indicator that the battery management systems are strongly penetrating the global market.

Check complete report @

The basic task of a battery management system is to ensure good health of the battery by optimally using the energy inside a battery and preventing it from any kind of damage or misuse. It is a combination of hardware and software which will ensure longer and healthy battery life. A study on battery management system is very crucial since the market for rechargeable battery is on a high growth rate.

Avail more information from Sample Brochure of report

The Automotive industry which is a major driver of BMS market has its major sales coming from APAC region. The leaders in the electric car sales are Japan and China. For the increasing market share of electric vehicle and hybrid vehicle, safety and reliability are the major concerns which can be fulfilled only with a good battery management system.

APAC is the largest market of BMS since major automotive manufacturers are located there. It is followed by Americas and Europe. China is a growing market in APAC for BMS due to increasing use of hybrid and electric vehicle. Since the growth rate of Automotive, Telecom and Power Grid is anticipated to be high, the market revenue from the respective End-User Industry is seen to be greater than the others.

Order a copy of Global Battery Management Systems Market Research Report @

About us:

MarketIntelReports (MIR) aim to empower our clients to successfully manage and outperform in their business decisions, we do this by providing Premium Market Intelligence, Strategic Insights and Databases from a range of Global Publishers.

A group of industry veterans who are well experienced in reputed international consulting firms after identifying the sourcing needs of MNCs for market intelligence, have together started this business savior MarketIntelReports.

MIR intends to be a one-stop shop with an intuitive design, exhaustive database, expert assistance, secure cart checkout and data privacy integrated. It curates the list of reports, publishers and studies to ensure that the database is constantly updated to dynamically meet the targeted, specific needs of our clients.

MarketIntelReports currently has more than 10,000 plus titles and 35+ publishers on our platform and growing consistently to fill the “Global Intelligence Demand – Supply Gap”. We cover more than 15 industry verticals being: Automotive, Electronics, Manufacturing, Pharmaceuticals, Healthcare, Chemicals, Building & Construction, Agriculture, Food & Beverages, Banking & Finance, Media and Government, Public Sector Studies.

Contact us:
Mayur S.

Sales Manager2711 Centerville Road, Suite 400,
Wilmington, Delaware, 19808
United States
Telephone: 1-302-261-5343