Global Battery
Management System Market: Overview
A battery management
system (BMS) is an electronic framework that deals with a
rechargeable battery. The most vital function that a battery
management system does is cell defense and thus it ensures long life
of a battery. To guarantee that a battery's charge does not go beyond
or under its limit, it has a defending unit called as lithium-ion
protector, which protects the cell from getting damaged. If lithium
ion battery cells get overcharged they may possibly get damaged due
to excessive heating. Thus, it is important to have a battery
management system in order to provide overvoltage protection.
Battery management
system also provides energy management. Battery management systems
for certain applications such as the hand-held point-of-sales (POS)
terminals also include an implanted charger which consists a control
device, an inductor and a discharger. The controller device handles
the charging procedure. For lithium-ion cells, the best charging
procedure is continuous current and continuous voltage. A battery
pack typically consists of numerous discrete cells that work in
combination. In an ideal world, all the cells in battery pack must be
kept at equal state of charge. If the cells go unstable, every single
cell can get strained and lead to premature charge termination and a
lessening in the overall life of the battery.
Global Battery
Management System Market: Drivers and Restraints
The key factors that
are expected to aid the growth of battery management system market
are innovations in automotive segment including e-vehicles. The
demand for e-vehicles has been growing significantly in recent years
and automotive manufacturers are investing heavily in such solutions.
For instance, in December 2015, Porsche AG, an automobile
manufacturer announced a large investment of around US$1.08 Bn to
build a plant to manufacture all-electric sports cars. The use of
unmanned vehicles such as drones in defense activities and need of
long lasting batteries for cellular phones and portable computers
such as laptops are also aiding the growth in demand for battery
management systems. The cellphone makers such as Samsung Electronics
Co., Ltd., Motorola Mobility LLC and LG Electronics are vying to
offer best in class battery for their high-range smartphones. These
phones consume battery rapidly due to presence of new highly
demanding features including 4G functionality. Thus, the companies
are incorporating battery management system (BMS) to monitor and
control the batteries used in these devices.
Wireless BMS and BMS
supporting all the cell types are recent trends in the market and are
expected to gain significant traction during the coming years.
Industry verticals deploying battery management systems include
automotive, energy, telecom, defense, consumers. On the basis of
topologies, BMS can be classified as centralized, distributed and
modular, which is based upon the use of controller in BMS.
Global Battery
Management System Market: Competitive Landscape
The market for
battery management systems is expected to become increasingly
competitive during the coming years and the focus of key players is
expected to be on research and development along with partnerships.
The key original equipment manufacturers (OEMs) of BMS include Ventec
S.A.S., Nuvation, Ashwoods Energy Limited, Tws, Lithium Balance,
Vecture Inc., Toshiba America, Inc., LARSEN & TOUBRO LIMITED,
Merlin Equipment Ltd., AVL, Navitas System, LLC Corporate and Johnson
Matthey.
The report offers a
comprehensive evaluation of the market. It does so via in-depth
qualitative insights, historical data, and verifiable projections
about market size. The projections featured in the report have been
derived using proven research methodologies and assumptions. By doing
so, the research report serves as a repository of analysis and
information for every facet of the market, including but not limited
to: Regional markets, technology, types, and applications.
About Us
Transparency Market
Research (TMR) is a next-generation provider of syndicated research,
customized research, and consulting services. TMR’s global and
regional market intelligence coverage includes industries such as
pharmaceutical, chemicals and materials, technology and media, food
and beverages, and consumer goods, among others. Each TMR research
report provides clients with a 360-degree view of the market with
statistical forecasts, competitive landscape,
detailed segmentation, key trends, and strategic recommendations
U.S. Office
Transparency Market
Research
90 State Street,
Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll
Free: 866-552-3453
Email:
sales@transparencymarketresearch.com
Website:
www.transparencymarketresearch.com
No comments:
Post a Comment