Battery Management System Market | Exactitude Consultancy Reports
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The battery management system market is expected to grow at 19.9% CAGR from 2022 to 2029. It is expected to reach above USD Billion by 2029 from USD Billion in 2022.
A battery management system keeps track of the temperatures throughout the pack and regulates the opening and closing of numerous valves to keep the overall battery temperature within a specific range for optimum battery performance. Voltage, Current, and Temperature control and measurement, SOC and SOH assessment, Detection of fault, Passive cell balancing, and Data storage are important battery management systems.
The Battery Management System market key players Include Eberspacher, Panasonic Holdings Corporation, Renesas Electronics Corporation, Sensata Technologies Inc, Texas Instruments, Analog Devices, Infineon Technologies Ag, Lg Energy Solution, Ltd, NXP Semiconductors N.V., STMicroelectronics, Contemporary Amperex Technology Co., Limited, BYD Company Limited, SK Innovation, AMP, AVI, List Gmbh, BMS Powersafe, Elithion, Ewert Energy Systems.
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