Market Overview:
The global automotive battery management controller market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electric vehicles (EVs) and hybrid electric vehicles (HEVs). The BEV battery management controller segment is expected to grow at a higher CAGR than the PHEV battery management controller segment during the forecast period. Passenger vehicles are expected to account for a larger share of the global automotive battery management controller market than commercial vehicles during the forecast period. North America is estimated to hold the largest share of the global automotive battery management controller market in 2018, followed by Europe and Asia Pacific.
Product Definition:
An automotive battery management controller is a device that helps to manage the power and charging of an automotive battery. This is important because it can help to extend the life of the battery, as well as ensure that it is always properly charged.
BEV Battery Management Controller:
BEV Battery Management Controller is a system that controls and monitors the charging & discharging of battery in an electric vehicle. It ensures that the battery receives adequate charge and does not overcharge or undercharge the battery. The BEV Battery Management Controller market has witnessed significant growth owing to increasing demand for Electric Vehicles (EVs) across different regions globally.
PHEV Battery Management Controller:
The PHEV battery management controller is a device that controls and monitors the charging of electric vehicles. It does this by managing the flow of current from the wall outlet to battery and back again. The primary function of a PHEV battery management controller is to prevent damage from occurring to vehicle batteries when they are being charged; it also helps in ensuring that adequate capacity is present in batteries during charge cycles.
Application Insights:
Passenger vehicles accounted for a major share of the overall revenue in 2017. The segment is expected to witness significant growth over the forecast period owing to increasing demand for passenger cars and light commercial vehicles in emerging economies such as China, India and Brazil. In addition, stringent government regulations regarding reduction in carbon emissions are expected to drive the adoption of electric passenger cars which will further fuel market growth over the forecast period.
Commercial Vehicles (CVs) application segment is estimated to register a CAGR exceeding 6% from 2018 to 2030 on account of growing concerns regarding air pollution and rising awareness about sustainable transportation solutions among businesses across various geographies. Furthermore, growing emphasis on improving road safety coupled with an increase in number of fatal accidents involving heavy Commercial Vehicles (such as trucks) is anticipated drive product demand among commercial vehicle manufacturers at global level thereby supporting industry expansion during the study period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The region accounted for a share of more than 30% in 2017 owing to increasing sales of passenger vehicles and rising adoption of electric vehicles in countries, such as China, India, South Korea, and Japan. Moreover, favorable government policies across these countries are anticipated to boost demand for automotive batteries over the next eight years. For instance: In 2015 – 2016 fiscal year; China’s 13th Five-Year Plan (2016 - 2020) had envisioned an annual sale target for EVs exceeding 5 million by 2019 up from about 1.2 million units sold in 2014 - 2015 fiscal year; In April 2018; Indian Ministry of Environment & Forest announced tax benefits on battery storage systems that will encourage customers towards opting for electric cars thereby boosting industry growth.; And In March 2018; South Korean government announced subsidies on hybrid car batteries which will further increase product demand.
Growth Factors:
- Increasing demand for electric vehicles: The global automotive battery management controller market is expected to grow at a CAGR of 9.5% from 2017 to 2025, owing to the increasing demand for electric vehicles (EVs). This is because EVs require high-performance batteries that need to be managed and monitored effectively.
- Stringent government regulations on emissions: Stringent government regulations on emissions are also driving the growth of the automotive battery management controller market. For instance, the European Union has set stringent emission standards that mandate OEMs to equip their vehicles with advanced battery management systems.
- Growing popularity of hybrid and plug-in hybrid vehicles: The growing popularity of hybrid and plug-in hybrid vehicles is also contributing significantly to the growth of the automotive battery management controller market as these types of vehicles require high-performance batteries for optimum performance.
- Development of next-generation technologies: The development of next-generation technologies such as smart charging, fast charging, and wireless charging is also propelling the growth of this market as it enables efficient battery management and helps reduce power consumption in EVs.. 5) Increasing investments in R&D by key players: Key players in this market are investing heavily in R&D activities to develop innovative products that can catertothe needs offuture EV owners
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Battery Management Controller Market Research Report
By Type
BEV Battery Management Controller, PHEV Battery Management Controller
By Application
Passenger Vehicles, Commercial Vehicles
By Companies
Analog Devices, BorgWarner, Bosch, Continental, Dana, Gentherm, Hana System, LEM, Mahle, NXP Semiconductors, Analog Devices, STMicroelectronics, Valeo, Vitesco Technologies
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
213
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Battery Management Controller Market Report Segments:
The global Automotive Battery Management Controller market is segmented on the basis of:
Types
BEV Battery Management Controller, PHEV Battery Management Controller
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Vehicles, Commercial Vehicles
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Analog Devices
- BorgWarner
- Bosch
- Continental
- Dana
- Gentherm
- Hana System
- LEM
- Mahle
- NXP Semiconductors
- Analog Devices
- STMicroelectronics
- Valeo
- Vitesco Technologies
Highlights of The Automotive Battery Management Controller Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- BEV Battery Management Controller
- PHEV Battery Management Controller
- By Application:
- Passenger Vehicles
- Commercial Vehicles
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Battery Management Controller Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An automotive battery management controller (BMC) is a device that helps manage the charging, discharging, and overall health of an automobile battery.
Some of the major players in the automotive battery management controller market are Analog Devices, BorgWarner, Bosch, Continental, Dana, Gentherm, Hana System, LEM, Mahle, NXP Semiconductors, Analog Devices, STMicroelectronics, Valeo, Vitesco Technologies.
The automotive battery management controller market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Battery Management Controller Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Battery Management Controller Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Battery Management Controller Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Battery Management Controller Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Battery Management Controller Market Size & Forecast, 2018-2028
4.5.1 Automotive Battery Management Controller Market Size and Y-o-Y Growth
4.5.2 Automotive Battery Management Controller Market Absolute $ Opportunity
Chapter 5 Global Automotive Battery Management Controller Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automotive Battery Management Controller Market Size Forecast by Type
5.2.1 BEV Battery Management Controller
5.2.2 PHEV Battery Management Controller
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Battery Management Controller Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automotive Battery Management Controller Market Size Forecast by Applications
6.2.1 Passenger Vehicles
6.2.2 Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Battery Management Controller Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Battery Management Controller Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automotive Battery Management Controller Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Battery Management Controller Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automotive Battery Management Controller Market Size Forecast by Type
9.6.1 BEV Battery Management Controller
9.6.2 PHEV Battery Management Controller
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automotive Battery Management Controller Market Size Forecast by Applications
9.10.1 Passenger Vehicles
9.10.2 Commercial Vehicles
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automotive Battery Management Controller Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Battery Management Controller Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automotive Battery Management Controller Market Size Forecast by Type
10.6.1 BEV Battery Management Controller
10.6.2 PHEV Battery Management Controller
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automotive Battery Management Controller Market Size Forecast by Applications
10.10.1 Passenger Vehicles
10.10.2 Commercial Vehicles
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automotive Battery Management Controller Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Battery Management Controller Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automotive Battery Management Controller Market Size Forecast by Type
11.6.1 BEV Battery Management Controller
11.6.2 PHEV Battery Management Controller
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automotive Battery Management Controller Market Size Forecast by Applications
11.10.1 Passenger Vehicles
11.10.2 Commercial Vehicles
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automotive Battery Management Controller Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Battery Management Controller Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automotive Battery Management Controller Market Size Forecast by Type
12.6.1 BEV Battery Management Controller
12.6.2 PHEV Battery Management Controller
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automotive Battery Management Controller Market Size Forecast by Applications
12.10.1 Passenger Vehicles
12.10.2 Commercial Vehicles
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automotive Battery Management Controller Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Battery Management Controller Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automotive Battery Management Controller Market Size Forecast by Type
13.6.1 BEV Battery Management Controller
13.6.2 PHEV Battery Management Controller
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automotive Battery Management Controller Market Size Forecast by Applications
13.10.1 Passenger Vehicles
13.10.2 Commercial Vehicles
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Battery Management Controller Market: Competitive Dashboard
14.2 Global Automotive Battery Management Controller Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Analog Devices
14.3.2 BorgWarner
14.3.3 Bosch
14.3.4 Continental
14.3.5 Dana
14.3.6 Gentherm
14.3.7 Hana System
14.3.8 LEM
14.3.9 Mahle
14.3.10 NXP Semiconductors
14.3.11 Analog Devices
14.3.12 STMicroelectronics
14.3.13 Valeo
14.3.14 Vitesco Technologies
