Batteries such as lead-acid and lithium-ion have been widely used in electric vehicles as energy storage source due to their high-power density and long lifespan. A battery management system (BMS) is used in vehicles to monitor and regulate overall performance of batteries in operations. The battery management system is comprised of several components, such as battery monitoring integrated circuit (BMIC), cell management controller (CMC), battery management controllers (BMC), and intelligent controllers or embedded processors placed at strategic locations in the architecture to manage various aspects of the power system. A BMC provides voltage information by monitoring multiple battery cells. Furthermore, a BMC calculates state-of-charge (SOC) of the battery, which is used to determine the charge remaining in the battery and another calculation, including state-of-health (SOH), which provides essential insights on operating conditions of the battery.

Market Analysis and Insights: Global Battery Management System for Electric Vehicles Market
The global Battery Management System for Electric Vehicles market size is projected to reach US$ XX million by 2027, from US$ XX million in 2020, at a CAGR of XX% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Battery Management System for Electric Vehicles market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Battery Management System for Electric Vehicles market in terms of revenue.
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Global Battery Management System for Electric Vehicles Scope and Market Size
Battery Management System for Electric Vehicles market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Battery Management System for Electric Vehicles market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Centralized BMS
Distributed BMS
Modular BMS

Segment by Application
Passenger Car
Commercial Vehicle

By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Robert Bosch
Denso Corporation
Continental
LG Innotek
HELLA
BYD Company
NXP Semiconductors
Texas Instruments Incorporated
Desay Corporation
Sunwoda Electronic
Infineon Technologies
Analog Devices
LIGOO Reserved ICP
Panasonic Corporation
Amperex Technology
Eberspächer
Renesas Electronics Corporation