Global Battery Monitoring System Market Report 2020-2025: Component (Hardware and Software) & Type (Wired Battery Monitoring System and Wireless Battery Monitoring System)

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Mar 23, 2021, 06:45 ET

DUBLIN, March 23, 2021 /PRNewswire/ -- The "Global Battery Monitoring System Market, by Component (Hardware and Software), by Type (Wired Battery Monitoring System and Wireless Battery Monitoring System), by Battery Type, by End-User, by Region, Competition, Forecast & Opportunities, 2025" report has been added to ResearchAndMarkets.com's offering.

The Global Battery Monitoring System Market was valued at $ 2,490 million in 2019 and is projected to reach USD 5,331 million by 2025.

A Battery Monitoring System is an electronic device which provide real-time monitoring of battery, preventing from costly downtime, protecting the battery from operating outside its safe operating area and also calculating & balancing its environment.

Anticipated market growth is majorly attributed to favorable initiatives by various governments for boosting production and adoption of electric vehicles to conserve energy and decrease the environmental pollution associated with the combustion of conventional energy sources.

Moreover, increasing necessity of generating renewable power and the rising need to increase the operational efficiency of batteries will drive the growth of the Global Battery Monitoring System Market through 2025.

The Global Battery Monitoring System Market is segmented based on component, type, battery type, end-user and region. Based on the component, the market is segmented into Hardware & Software. The hardware segment dominates the market and is expected to maintain its dominance through 2025, due to the ease of installation, faster sampling of data, reduced cabling, and high-resolution data recording abilities of hardware components such as sensors, data loggers, etc.

Based on the type, the market is segmented into wired battery monitoring system & wireless battery monitoring system. The wired battery monitoring system will lead the market until 2025. Nevertheless, the wireless battery monitoring system will also grow as they enable remote monitoring system of all operations. Based on the type of battery, the market is segmented into Lithium-ion battery, Lead Acid battery & others. The Lithium-ion based battery segment is expected to dominate the market due to their growing adoption in power tools, battery backup and electric vehicles.

Regionally, Asia Pacific is expected to continue its dominance due to growing investments in data centers and renewable power generation capacities by constituent nations like China, India & Japan. Moreover, presence of leading companies in countries such as China and Japan is also bolstering the regional market growth.

Some of the leading players in the Global Battery Monitoring System Market include SBS, PowerShield Limited, Schneider Electric, BatteryDAQ, HBL Power Systems Limited, SOCOMEC Group, Curtis Instruments, Inc., BTECH, Eagle Eye Power Solution, among others.

Key Target Audience:

Battery monitoring system manufacturers, suppliers, distributors and other stakeholders
Organizations, forums and alliances related to battery monitoring systems market
Government bodies such as regulating authorities and policy makers
Market research and consulting firm.

Years considered for this report:

Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021-2025

Key Topics Covered:

1. Product Overview

2. Research Methodology

3. Impact of COVID-19 on Global Battery Monitoring System Market

4. Executive Summary

5. Voice of Customers
5.1. Cost performance of process
5.2. Energy Efficiency of process
5.3. Recovery of active material

6. Global Battery Monitoring System Market Landscape

7. Global Battery Monitoring System Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Component (Hardware and Software)
7.2.2. By Type (Wired Battery Monitoring System and Wireless Battery Monitoring System)
7.2.3. By Battery Type (Lithium-Ion Battery, Lead-Acid Battery and Others)
7.2.4. By End-User (Data Centre, Telecommunications, Energy, Automotive and Others)
7.2.5. By Company (2019)
7.2.6. By Region
7.3. Market Attractiveness Index

8. Asia-Pacific Battery Monitoring System Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Component
8.2.2. By Type
8.2.3. By Battery Type
8.2.4. By End-User
8.2.5. By Country
8.3. Market Attractiveness Index
8.4. Asia-Pacific: Country Analysis
8.4.1. China Battery Monitoring System Market Outlook
8.4.2. India Battery Monitoring System Market Outlook
8.4.3. Japan Battery Monitoring System Market Outlook
8.4.4. South Korea Battery Monitoring System Market Outlook
8.4.5. Australia Battery Monitoring System Market Outlook

9. North America Battery Monitoring System Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Component
9.2.2. By Type
9.2.3. By Battery Type
9.2.4. By End-User
9.2.5. By Country
9.3. Market Attractiveness Index
9.4. North America: Country Analysis
9.4.1. United States Battery Monitoring System Market Outlook
9.4.2. Canada Battery Monitoring System Market Outlook
9.4.3. Mexico Battery Monitoring System Market Outlook

10. Europe Battery Monitoring System Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Component
10.2.2. By Type
10.2.3. By Battery Type
10.2.4. By End-User
10.2.5. By Country
10.3. Market Attractiveness Index
10.4. Europe: Country Analysis
10.4.1. Germany Battery Monitoring System Market Outlook
10.4.2. United Kingdom Battery Monitoring System Market Outlook
10.4.3. France Battery Monitoring System Market Outlook
10.4.4. Italy Battery Monitoring System Market Outlook

11. Middle East and Africa Battery Monitoring System Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value
11.2. Market Share & Forecast
11.2.1. By Component
11.2.2. By Type
11.2.3. By Battery Type
11.2.4. By End-User
11.2.5. By Country
11.3. Market Attractiveness Index
11.4. MEA: Country Analysis
11.4.1. Saudi Arabia Battery Monitoring System Market Outlook
11.4.2. UAE Battery Monitoring System Market Outlook
11.4.3. Qatar Battery Monitoring System Market Outlook
11.4.4. South Africa Battery Monitoring System Market Outlook

12. South America Battery Monitoring System Market Outlook
12.1. Market Size & Forecast
12.1.1. By Value
12.2. Market Share & Forecast
12.2.1. By Component
12.2.2. By Type
12.2.3. By Battery Type
12.2.4. By End-User
12.2.5. By Country
12.3. Market Attractiveness Index
12.4. South America: Country Analysis
12.4.1. Brazil Battery Monitoring System Market Outlook
12.4.2. Argentina Battery Monitoring System Market Outlook
12.4.3. Colombia Battery Monitoring System Market Outlook

13. Market Dynamics
13.1. Drivers
13.2. Challenges

14. Market Trends & Developments

15. Supply Chain Analysis

16. Policy & Regulatory

17. Competitive Landscape
17.1. Storage Battery System LLC (SBS)
17.2. Power Shield Limited
17.3. Schneider Electric
17.4. NDSL
17.5. Battery DAQ
17.6. HBL Power System Limited
17.7. SOCOMEC Group
17.8. Curtis Instruments, Inc.
17.9. BTECH
17.10. Eagle Eye Power Solution

18. Strategic Recommendations

For more information about this report visit https://www.researchandmarkets.com/r/2xvib

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Research and Markets
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