Report Overview
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Electric Vehicle Battery Manager (EVBM), commonly referred to as the Battery Management System (BMS), is a sophisticated electronic system integral to electric vehicles (EVs). It is designed to monitor, manage, and safeguard the performance and health of lithium-ion batteries, which serve as the primary power source for EVs. The EVBM operates through a network of sensors and software algorithms that continually track vital battery metrics such as voltage, current, temperature, and overall battery health indicators like the State of Charge (SOC) and State of Health (SOH).
Market Share
As of 2024, the global Electric Vehicle Battery Manager market is valued at USD 2,870 million. By 2032, the market is projected to reach a valuation of USD 12,632.99 million, marking a robust Compound Annual Growth Rate (CAGR) of 17.90% from 2024 to 2032.
Key Company
•FinDreams Battery
•Tesla
•CATL
•LG Innotek
•Sinoev
•LIGOO New Energy Technology
•UAES
•Preh
•Hyundai Mobis
•SAIC Motor
•Ficosa
Market Segmentation
• Distributed BMS
• Centralized BMS
By Application
• PHEV
• BEV
Geographic Segmentation
•North America: USA, Canada, Mexico
•Europe: Germany, UK, France, Russia, Italy, Rest of Europe
•Asia-Pacific: China, Japan, South Korea, India, SoutheastAsia, Rest ofAsia-Pacific
•South America: Brazil, Argentina, Colombia, Rest of SouthAmerica
•Middle East and Africa: Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA
